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<title>Form 8-K</title>


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1.0pt'>&nbsp;</p>

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1.0pt'>&nbsp;</p>

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  <p style='mso-style-name:"MacPac Trailer";margin:0in;margin-bottom:.0001pt;line-height:10.0pt;font-size:8.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
</table>

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<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="5">UNITED
STATES </font> </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b><font size="5">SECURITIES AND EXCHANGE COMMISSION
</font> </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>Washington, D.C. 20549 </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>___________________</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="5">FORM
8-K </font> </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>___________________</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>CURRENT
REPORT </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>Pursuant
to Section</b>
<b>13 or 15(d) of the </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>Securities Exchange Act of 1934 </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>Date
of Report (Date of earliest event reported):</b>&nbsp;&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>February
22, 2013</b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>___________________</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b><font size="5">MECHANICAL
TECHNOLOGY, INCORPORATED </font> </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b>(Exact name of registrant as specified
in charter) </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;&nbsp;</p>

<div align=center>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=576
 style='width:75%'>
 <tr>
  <td width=211 valign=bottom style='width:30%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>New York</b></p>
  </td>
  <td width=9 valign=bottom style='width:5%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;&nbsp;</p>
  </td>
  <td width=207 valign=bottom style='width:30%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>0-6890</b></p>
  </td>
  <td width=9 valign=bottom style='width:5%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;&nbsp;</p>
  </td>
  <td width=140 valign=bottom style='width:30%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b>14-1462255</b></p>
  </td>
 </tr>
 <tr>
  <td width=211 valign=top style='width:30%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b><font size="2">(State or Other Jurisdiction</font></b></p>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:.55pt;text-align:center;
  line-height:normal'><b><font size="2">of
  Incorporation)</font></b></p>
  </td>
  <td width=9 valign=bottom style='width:5%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td width=207 valign=top style='width:30%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b><font size="2">(Commission File Number)</font></b></p>
  </td>
  <td width=9 valign=bottom style='width:5%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><font size="2">&nbsp;&nbsp;</font></p>
  </td>
  <td width=140 valign=top style='width:30%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
  text-align:center;line-height:normal'><b><font size="2">(IRS Employer</font></b></p>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:.55pt;text-align:center;
  line-height:normal'><b><font size="2">Identification
  No.)</font></b></p>
  </td>
 </tr>
</table>

</div>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>325
Washington Avenue Extension, Albany, New York 12205</b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b><font size="2">(Address of Principal Executive Offices)
(Zip Code) </font> </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;
margin-bottom:0in;margin-left:0in;margin-bottom:.0001pt;text-align:center;
line-height:normal'><b>(518) 218-2550</b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'><b><font size="2">(Registrant&#146;s telephone number,
including area code) </font> </b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>___________________</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:6.45pt;margin-right:0in;margin-bottom:
0in;margin-left:0in;margin-bottom:.0001pt;line-height:normal'>Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (<i>see </i>General Instruction A.2. below): </p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%"
 style='width:100.0%;border-collapse:collapse'>
 <tr>
  <td width=48 valign=top style='width:.5in;padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#168;</p>
  </td>
  <td valign=top style='padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Written
  communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  </p>
  </td>
 </tr>
 <tr>
  <td width=48 valign=top style='width:.5in;padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#168;</p>
  </td>
  <td valign=top style='padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Soliciting
  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </p>
  </td>
 </tr>
 <tr>
  <td width=48 valign=top style='width:.5in;padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#168;</p>
  </td>
  <td valign=top style='padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2(b)) </p>
  </td>
 </tr>
 <tr>
  <td width=48 valign=top style='width:.5in;padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Wingdings";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&#168;</p>
  </td>
  <td valign=top style='padding:3.2pt 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c)) </p>
  </td>
 </tr>
</table>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<div>

<table cellspacing=0 cellpadding=0 hspace=0 vspace=0 width=281>
 <tr>
  <td valign=top align=left style='padding-top:0in;padding-right:9.0pt;
  padding-bottom:0in;padding-left:9.0pt'>
  <p style='mso-style-name:"MacPac Trailer";margin:0in;margin-bottom:.0001pt;line-height:10.0pt;font-size:8.0pt;font-family:"Times New Roman","serif";'>&nbsp;</p>
  </td>
 </tr>
</table>

</div>

<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

<div style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>

<hr size=2 width="100%" noshade style='color:navy' align=center>

</div>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<font face="Times New Roman">

<br
clear=all style='page-break-before:always'>


</font>


<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='mso-style-link:"Header Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";'><b>&nbsp;</b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:1.0in;text-indent:-1.0in;line-height:normal'><b>Item 5.02 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.</b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";text-align:justify'>As previously reported,
Peng K. Lim, the former Chief Executive Officer of Mechanical Technology,
Incorporated (the &#147;Company&#148;) ended his employment on September 10, 2012. &nbsp;Subsequently,
the Company and Mr. Lim entered into an Agreement and Release (the &#147;Agreement&#148;)
effective March 1, 2013. &nbsp;Pursuant to the Agreement, Mr. Lim resigned as Chief
Executive Officer and from the Company&#146;s Board of Directors effective September
10, 2012. &nbsp;Mr. Lim resigned as a director to pursue a new business venture in
the consumer electronics industry. &nbsp;The Company and Mr. Lim agreed to general
releases from liability and customary restrictive covenants, and the Company
agreed to pay Mr. Lim&#146;s attorneys&#146; fees of $30,000. &nbsp;Mr. Lim will not receive
any other compensation.&nbsp; </p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";text-align:justify'>&nbsp;</p>
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<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";text-align:justify'>&nbsp;</p>
<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";text-align:center'>
2 </p>

<div>

<table cellspacing=0 cellpadding=0 hspace=0 vspace=0 width=281>
 <tr>
  <td valign=top align=left style='padding-top:0in;padding-right:9.0pt;
  padding-bottom:0in;padding-left:9.0pt'>
  <p style='mso-style-name:"MacPac Trailer";margin-bottom:.0001pt;line-height:10.0pt;font-size:8.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>
  </td>
 </tr>
</table>

</div>

<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

<div style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;
text-align:center;line-height:normal'>

<hr size=2 width="100%" noshade style='color:navy' align=center>

</div>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<font face="Times New Roman">

<br
clear=all style='page-break-before:always'>


</font>


<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='mso-style-link:"Header Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";'>&nbsp;</p>

<p style='margin-right:0in;margin-left:0in;font-size:12.0pt;font-family:"Times New Roman";margin-bottom:.0001pt;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in'><b><u><font style="font-size: 10.0pt">SIGNATURES </font></u></b></p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<div align=center>

<table class=MsoNormalTable border=0 cellpadding=0 width=576
 style='width:100%;border-collapse:collapse'>
 <tr style='page-break-inside:avoid'>
  <td width=282 valign=bottom style='width:50%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p>
  </td>
  <td colspan=3 valign=bottom style='padding:0in 0in 0in 0in' width="50%">
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";line-height:normal'>MECHANICAL TECHNOLOGY, INCORPORATED</p>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=282 valign=bottom style='width:50%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:1.0pt;margin-right:0in;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:normal'><br>
  Date:
  February 28, 2013</p>
  </td>
  <td width=40 valign=bottom style='width:30.05pt;padding:0in 0in 0in 0in'>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-top:1.0pt;margin-right:0in;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;By:</p>
  </td>
  <td valign=bottom style='width:12px;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-top:1.0pt;margin-right:0in;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:normal'>&nbsp;</p>
  </td>
  <td valign=bottom style='width:794px;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'><u>/s/
  Kevin G. Lynch&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </u></p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=282 valign=top style='width:50%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p>
  </td>
  <td colspan=2 valign=top style='width:127px;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Name:</p>
  </td>
  <td valign=top style='width:794px;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Kevin
  G. Lynch</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=282 valign=top style='width:50%;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>&nbsp;</p>
  </td>
  <td colspan=2 valign=top style='width:127px;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Title:</p>
  </td>
  <td valign=top style='width:794px;padding:0in; '>
  <p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Times New Roman";margin-bottom:0in;margin-bottom:.0001pt;line-height:
  normal'>Chairman
  and Acting Chief Executive Officer</p>
  </td>
 </tr>
</table>

</div>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
normal'>&nbsp;</p>

<div>

<table cellspacing=0 cellpadding=0 hspace=0 vspace=0 width=281>
 <tr>
  <td valign=top align=left style='padding-top:0in;padding-right:9.0pt;
  padding-bottom:0in;padding-left:9.0pt'>
  <p style='mso-style-name:"MacPac Trailer";margin-bottom:.0001pt;line-height:10.0pt;font-size:8.0pt;font-family:"Times New Roman";margin-left:0in; margin-right:0in; margin-top:0in'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </p>
  </td>
 </tr>
</table>

</div>

<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";' align="center">&nbsp;3</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>
<p style='mso-style-link:"Footer Char";margin:0in;margin-bottom:.0001pt;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

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text-align:center;line-height:normal'>

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<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0in;margin-bottom:.0001pt;line-height:
1.0pt'>&nbsp;</p>

<p style='margin-top:0in;margin-right:0in;margin-bottom:10.0pt;margin-left:0in;line-height:115%;font-size:11.0pt;font-family:"Calibri","sans-serif";'>&nbsp;</p>

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[{"type": "8-K", "sequence": "1", "filename": "esmti8k.htm", "secsgml_size_bytes": 35177}]
{"company-data": {"conformed-name": "MECHANICAL TECHNOLOGY INC", "cik": "0000064463", "assigned-sic": "3829", "irs-number": "141462255", "state-of-incorporation": "NY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-06890", "film-number": "13649979"}, "business-address": {"street1": "325 WASHINGTON AVENUE EXTENSION", "city": "ALBANY", "state": "NY", "zip": "12205", "phone": "518-218-2500"}, "mail-address": {"street1": "325 WASHINGTON AVENUE EXTENSION", "city": "ALBANY", "state": "NY", "zip": "12205"}}
Form 8-K
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM
8-K
___________________
CURRENT
REPORT
Pursuant
to Section
13 or 15(d) of the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
February
22, 2013
___________________
MECHANICAL
TECHNOLOGY, INCORPORATED
(Exact name of registrant as specified
in charter)
New York
0-6890
14-1462255
(State or Other Jurisdiction
of
  Incorporation)
(Commission File Number)
(IRS Employer
Identification
  No.)
325
Washington Avenue Extension, Albany, New York 12205
(Address of Principal Executive Offices)
(Zip Code)
(518) 218-2550
(Registrant's telephone number,
including area code)
___________________
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (
see
General Instruction A.2. below):
¨
Written
  communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting
  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement
  communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
  240.14d-2(b))
¨
Pre-commencement
  communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c))
Item 5.02              Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
As previously reported,
Peng K. Lim, the former Chief Executive Officer of Mechanical Technology,
Incorporated (the "Company") ended his employment on September 10, 2012.  Subsequently,
the Company and Mr. Lim entered into an Agreement and Release (the "Agreement")
effective March 1, 2013.  Pursuant to the Agreement, Mr. Lim resigned as Chief
Executive Officer and from the Company's Board of Directors effective September
10, 2012.  Mr. Lim resigned as a director to pursue a new business venture in
the consumer electronics industry.  The Company and Mr. Lim agreed to general
releases from liability and customary restrictive covenants, and the Company
agreed to pay Mr. Lim's attorneys' fees of $30,000.  Mr. Lim will not receive
any other compensation.
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
MECHANICAL TECHNOLOGY, INCORPORATED
Date:
  February 28, 2013
By:
/s/
  Kevin G. Lynch
Name:
Kevin
  G. Lynch
Title:
Chairman
  and Acting Chief Executive Officer
3