_________________________________________________________________ _________________________________________________________________ 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) September 9, 1997 DYNAMICWEB ENTERPRISES, INC. (Exact name of registrant as specified in its charter) New Jersey 0-10039 22-2267658 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Ident. No.) 271 Route 46 West, Building F, Suite 209, Fairfield, New Jersey 07004 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (973) 244-1000 N/A (Former name or former address, if changed since last report.) _________________________________________________________________ _________________________________________________________________ Item 5. Other Events. On August 26, 1997, the Company hired James D. Conners to become the President of the Company, and entered into an Employment Agreement with Mr. Conners. Steven L. Vanechanos, Jr., formerly President and Chief Executive Officer, will continue to serve as Chief Executive Officer of the Company. On September 5, 1997, Software Associates, Inc., a wholly-owned subsidiary of the Company, amended its Lease Agreement dated July 1, 1994, relating to its leased space in Fairfield, New Jersey. Item 7. Financial Statements and Exhibits. (a) Exhibits. The following exhibits are filed herewith: 1. Employment Agreement dated August 26, 1997 between DynamicWeb Enterprises, Inc. and James D. Conners. 2. Press Release regarding hiring of James D. Conners. 3. Amendment No. 1 to Lease Agreement dated September 5, 1997 between Software Associates, Inc. and The Mask Group. 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. DYNAMICWEB ENTERPRISES, INC. Dated: September 9, 1997 By/s/ Steven L. Vanechanos Jr. Steven L. Vanechanos, Jr. Chief Executive Officer EXHIBIT INDEX Exhibit Number 1. Employment Agreement dated August 16, 1997 between DynamicWeb Enterprises, Inc. and James D. Conners. 2. Press Release regarding hiring of James D. Conners. 3. Amendment No. 1 to Lease Agreement dated September 5, 1997 between Software Associates, Inc. and The Mask Group.