<html>
<head><title>
Prepared and filed by St Ives Financial
</title>
</head>
<body bgcolor="#FFFFFF">
<page>
<p align="center"><font size="2" face="serif"><b><font face="serif" size="5">UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION</font></b><br><b>WASHINGTON, D.C. 20549</b></font></p>
<p align="center"><b><font face="serif" size="5">FORM 8-K</font></b></p>
<p align="center"><font size="2" face="serif"><b>CURRENT REPORT</b> </font></p>
<p align="center"><font size="2" face="serif"><b>PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934</b></font></p>
<p align="center"><font size="2" face="serif"><b>DATE OF REPORT (DATE OF EARLIEST
      EVENT REPORTED):&nbsp; January 9, 2006</b></font></p>
<p align="center"><font size="2" face="serif"><b><u><font face="serif" size="5">AUTHENTIDATE HOLDING CORP.</font></u><font face="serif" size="5"></font></b><br>(Exact name of registrant as specified in its charter) </font></p>
<p align="center"><font size="2" face="serif"><b>COMMISSION FILE NUMBER:&nbsp;&nbsp;<u>0-20190</u></b></font></p>
<table width="100%" cellspacing="0" cellpadding="0" align="center" border="0">
<tr valign="top">
<td align="center"><font size="2" face="serif"><b><u>Delaware</u></b></font></td>
<td align="left" width="2%">&nbsp;</td>
<td width="47%" align="center"><font size="2" face="serif"><b><u>14-1673067</u></b></font></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="center"><font size="2" face="serif">(State or other jurisdiction of
    incorporation or<br>
    organization)</font></td>
<td align="left">&nbsp;</td>
<td align="center"><font size="2" face="serif">(I.R.S. Employer Identification No.)</font></td>
</tr>
</table>

<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
  <td align="center">&nbsp;</td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif"><b>Three Connell Drive, 5<sup>th</sup> Floor</b></font></td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif"><b><u>Berkeley Heights, New Jersey 07922</u></b></font></td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif">(Address and zip code of principal executive offices)</font></td>
</tr>
</table>
<p align="center"><font size="2" face="serif"><b><u>(908) 787-1700<br>
</u></b>(Registrant's telephone number, including area code) </font></p>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td align="center"><font size="2" face="serif"><b><u>2165 Technology Drive, Schenectady, New York 12308</u></b></font></td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif">(Former name or former address, if changed since last report.)</font></td>
</tr>
</table>
<br>
<p align="left"><font size="2" face="serif">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:</font></p>
<div style="text-indent: 3%"><p align="left"><font size="2" face="serif"><img src="emptybox.gif" width="12" height="12"> Written
 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif" width="12" height="12"> Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif" width="12" height="12"> Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
<td align="left"><font size="2" face="serif"><img src="emptybox.gif" width="12" height="12"> Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font><p></p>
</div>
<p align="center"><font size="2" face="serif">1</font></p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<a name="p?"></a>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
  <td align="left"><hr noshade size="1">
    </td>
  <td align="left"><hr noshade size="1">
    </td>
</tr>
<tr valign="top">
<td align="left" width="9%"><font size="2" face="serif"><b>Item 1.01</b></font></td>
<td align="left"><font size="2" face="serif"><b>Entry into Material Definitive Agreement</b></font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">On January 9, 2006, Authentidate
    Holding Corp. (the &#8220;Registrant&#8221;) entered into a Termination Agreement
    and a separate consulting agreement with John J. Waters, its Executive Vice
    President &#150; Chief Administrative Officer and a member of its board of
    directors. Pursuant to the Termination Agreement, Mr. Waters agreed to change
    his employment relationship with the Registrant, effective as of January 1, 2006
    and provided the Registrant with a general release. In connection with the
    execution of this Termination Agreement, the Registrant has entered into
    a consulting agreement with Mr. Waters pursuant to which, Mr. Waters will
    provide consulting services to the Registrant as requested by the Chief Executive
    Officer or Chairman of the Board. In consideration for the foregoing, the
    Registrant will pay to and/or provide Mr. Waters (a) an amount of $350,416.67,
    in accordance with the terms and conditions of the consulting agreement;
    (b) an amount of $5,000 for attorneys&#8217; fees; and (c) the accelerated
    vesting of all options granted to him, along with the continuation of the
    exercise period for the duration of their original term. In addition, Mr.
    Waters will continue to serve on the Registrant&#8217;s board of directors. </font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif"><b>Item 1.02</b></font></td>
<td align="left"><font size="2" face="serif"><b>Termination of Material Definitive Agreement</b></font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">  As described in Item&nbsp;1.01 of this Current Report, the Registrant has entered into a Termination Agreement and a consulting agreement with Mr. John J. Waters, its Executive Vice President &#150; Chief Administrative Officer, dated as of January 1, 2006, resulting in the termination of the employment agreement, dated August 6, 2004, between them.  To the extent required by Item&nbsp;1.02 of Form&nbsp;8-K, the information contained or incorporated by reference in Item&nbsp;1.01 and Item 5.02 of this Current Report regarding Mr. Waters is incorporated by reference in this Item&nbsp;1.02.  </font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif"><b>Item 5.02</b></font></td>
<td align="left"><font size="2" face="serif"><b> Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers</b></font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="center"><font size="2" face="serif"><b>(b)</b></font></td>
<td align="left"><font size="2" face="serif">  Mr. John J. Waters, the Executive
    Vice President and Chief Administrative Officer of the Registrant, relinquished
    his employment position in favor of a consulting arrangement with the Registrant, in accordance with the Termination
    Agreement which is effective as of January 1, 2006. As described in Item
    1.01 of this Current Report, Mr. Waters will remain on
    the Registrant&#8217;s
    board of directors and will provide certain services to the Registrant pursuant
    to a consulting agreement.</font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif"><b>Item 7.01</b></font></td>
<td align="left"><font size="2" face="serif"><b>Regulation FD Disclosure</b></font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">  On January 10, 2006, the Registrant issued a press release regarding the events described in this Current Report.  A copy of the press release is attached as Exhibit 99.1 and is being &#8220;furnished&#8221; and shall not be deemed &#8220;filed&#8221; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.</font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif"><b>Item 9.01</b></font></td>
<td align="left"><font size="2" face="serif"><b>Financial Statements And Exhibits</b></font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="center"><font size="2" face="serif"><b>&nbsp;(c)</b></font></td>
<td align="left"><font size="2" face="serif"><b>&nbsp;Exhibits </b></font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">The following exhibits are filed or furnished herewith:</font></td>
</tr>
</table>

<table width="100%" cellspacing="0" cellpadding="0" align="center" border="0">
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td width="9%" align="left"><font size="2" face="serif">&nbsp;</font></td>
<td width="6%" align="right"><font size="2" face="serif">10.1</font></td>
<td width="2%" align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Termination Agreement between Authentidate Holding Corp. and John J. Waters.</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="right"><font size="2" face="serif">10.2</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Consulting Agreement between Authentidate Holding Corp. and John J. Waters. </font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td align="right"><font size="2" face="serif">99.1</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Press Release dated January 10, 2006</font></td>
</tr>
</table>
<p align="center"><font size="2" face="serif">2</font></p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<a name="p?"></a>
<p align="center"><font size="2" face="serif"><b>SIGNATURE</b></font></p>
<p align="left"><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</font></p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td align="center" width="42%"></td>
<td align="center" width="4%"></td>
<td align="left"><font size="2" face="serif">AUTHENTIDATE HOLDING CORP.</font></td>
</tr>
<tr valign="top">
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td> </tr>
<tr valign="top">
<td align="center"></td>
<td align="center"></td>
<td align="left"><font size="2" face="serif">By:<u>  /s/ Surendra Pai    </u></font></td>
</tr>
<tr valign="top">
<td align="left"></td>
<td align="left"></td>
<td align="left"><font size="2" face="serif">Name: Surendra Pai </font></td>
</tr>
<tr valign="top">
<td align="left"></td>
<td align="left"></td>
<td align="left"><font size="2" face="serif">Title: &nbsp;&nbsp;Chief Executive Officer and President</font></td>
</tr>
<tr valign="top">
<td align="left"></td>
<td align="left"></td>
<td align="left"><font size="2" face="serif">Date: January 10, 2006</font></td>
</tr>
<tr valign="top">
  <td align="left"></td>
  <td align="left"></td>
  <td align="left">&nbsp;</td>
</tr>
<tr valign="top">
  <td align="left"><hr noshade size="1">
    </td>
  <td align="left"><hr noshade size="1">
    </td>
  <td align="left"><hr noshade size="1">
    </td>
</tr>
</table>
<p align="center"><font size="2" face="serif">3</font></p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<a name="p?"></a>
<p><a href="#contents"><font size="2"></font></a></p>

<p align="center"><font size="2" face="serif"><b>EXHIBIT INDEX</b></font></p>
<table width="100%" cellspacing="0" cellpadding="0" align="center" border="0">
<tr valign="top" bgcolor="#FFFFFF">
<td align="left"><font size="2" face="serif"><b>Exhibit<br><u>Number</u></b></font></td>
<td align="left" width="2%">&nbsp;</td>
<td width="90%" align="left" valign="bottom"><font size="2" face="serif"><b><u>Description</u></b></font></td>
</tr>
<tr valign="top">
<td></td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif">10.1</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Termination Agreement between Authentidate Holding Corp. and John J. Waters. </font></td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif">&nbsp;</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="center"><font size="2" face="serif">10.2</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Consulting Agreement between Authentidate Holding Corp. and John  J. Waters. </font></td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif">&nbsp;</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
</tr>
<tr valign="top">
<td align="center"><font size="2" face="serif">99.1</font></td>
<td align="left">&nbsp;</td>
<td align="left"><font size="2" face="serif">Press Release dated January 10, 2006</font></td>
</tr>
</table>
<p align="center"><font face="serif" size="2">4</font></p>
<hr noshade align="center" width="100%" size="2">
</body>
</html>
[{"type": "8-K", "sequence": "1", "filename": "b411001_8k.htm", "description": "CURRENT REPORT", "secsgml_size_bytes": 15276}]
{"company-data": {"conformed-name": "AUTHENTIDATE HOLDING CORP", "cik": "0000885074", "assigned-sic": "7373", "irs-number": "141673067", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-20190", "film-number": "06523153"}, "business-address": {"street1": "2165 TECHNOLOGY DRIVE", "city": "SCHENECTADY", "state": "NY", "zip": "12308", "phone": "5183467799"}, "mail-address": {"street1": "2165 TECHNOLOGY DRIVE", "city": "SCHENECTADY", "state": "NY", "zip": "12308"}, "former-company": {"former-conformed-name": "BITWISE DESIGNS INC", "date-changed": "19930328"}}
Prepared and filed by St Ives Financial
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):  January 9, 2006
AUTHENTIDATE HOLDING CORP.
(Exact name of registrant as specified in its charter)
COMMISSION FILE NUMBER:
0-20190
Delaware
14-1673067
(State or other jurisdiction of
    incorporation or
organization)
(I.R.S. Employer Identification No.)
Three Connell Drive, 5
th
Floor
Berkeley Heights, New Jersey 07922
(Address and zip code of principal executive offices)
(908) 787-1700
(Registrant's telephone number, including area code)
2165 Technology Drive, Schenectady, New York 12308
(Former name or former address, if changed since last report.)
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:
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))
1
Item 1.01
Entry into Material Definitive Agreement
On January 9, 2006, Authentidate
    Holding Corp. (the "Registrant") entered into a Termination Agreement
    and a separate consulting agreement with John J. Waters, its Executive Vice
    President – Chief Administrative Officer and a member of its board of
    directors. Pursuant to the Termination Agreement, Mr. Waters agreed to change
    his employment relationship with the Registrant, effective as of January 1, 2006
    and provided the Registrant with a general release. In connection with the
    execution of this Termination Agreement, the Registrant has entered into
    a consulting agreement with Mr. Waters pursuant to which, Mr. Waters will
    provide consulting services to the Registrant as requested by the Chief Executive
    Officer or Chairman of the Board. In consideration for the foregoing, the
    Registrant will pay to and/or provide Mr. Waters (a) an amount of $350,416.67,
    in accordance with the terms and conditions of the consulting agreement;
    (b) an amount of $5,000 for attorneys' fees; and (c) the accelerated
    vesting of all options granted to him, along with the continuation of the
    exercise period for the duration of their original term. In addition, Mr.
    Waters will continue to serve on the Registrant's board of directors.
Item 1.02
Termination of Material Definitive Agreement
As described in Item 1.01 of this Current Report, the Registrant has entered into a Termination Agreement and a consulting agreement with Mr. John J. Waters, its Executive Vice President – Chief Administrative Officer, dated as of January 1, 2006, resulting in the termination of the employment agreement, dated August 6, 2004, between them.  To the extent required by Item 1.02 of Form 8-K, the information contained or incorporated by reference in Item 1.01 and Item 5.02 of this Current Report regarding Mr. Waters is incorporated by reference in this Item 1.02.
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
(b)
Mr. John J. Waters, the Executive
    Vice President and Chief Administrative Officer of the Registrant, relinquished
    his employment position in favor of a consulting arrangement with the Registrant, in accordance with the Termination
    Agreement which is effective as of January 1, 2006. As described in Item
    1.01 of this Current Report, Mr. Waters will remain on
    the Registrant's
    board of directors and will provide certain services to the Registrant pursuant
    to a consulting agreement.
Item 7.01
Regulation FD Disclosure
On January 10, 2006, the Registrant issued a press release regarding the events described in this Current Report.  A copy of the press release is attached as Exhibit 99.1 and is being "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as shall be expressly set forth by specific reference in such filing.
Item 9.01
Financial Statements And Exhibits
(c)
Exhibits
The following exhibits are filed or furnished herewith:
10.1
Termination Agreement between Authentidate Holding Corp. and John J. Waters.
10.2
Consulting Agreement between Authentidate Holding Corp. and John J. Waters.
99.1
Press Release dated January 10, 2006
2
SIGNATURE
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.
AUTHENTIDATE HOLDING CORP.
By:
/s/ Surendra Pai
Name: Surendra Pai
Title:   Chief Executive Officer and President
Date: January 10, 2006
3
EXHIBIT INDEX
Exhibit
Number
Description
10.1
Termination Agreement between Authentidate Holding Corp. and John J. Waters.
10.2
Consulting Agreement between Authentidate Holding Corp. and John  J. Waters.
99.1
Press Release dated January 10, 2006
4