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

~~PURSUANT~~Date TOof ~~SECTION~~Report: 13July 30, ~~OR 15~~2009 (d)Date ~~OF THE~~of ~~SECURITIES~~earliest ~~EXCHANGE~~event ~~ACT OF 1934~~ reported)

Date of Report: July 21, 2009 (Date of earliest event reported)

SoftBrands, Inc.

(Exact name of registrant as specified in its charter)

Commission File Number: 001-32711

Delaware		41-2021446
(State or other jurisdiction of incorporation)		(IRS Employer Identification No.)


Delaware (State or other jurisdiction of incorporation)		41-2021446 (IRS Employer Identification No.)

800 LaSalle Avenue, Suite 2100
Minneapolis, Minnesota 55402
(Address of principal executive offices, including zip code)

(612) 851-1500
(Registrant’s telephone number, including area code)

Not Applicable
(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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 18.01 ~~Entry~~Other ~~into a Material Definitive Agreement~~Events.

OnStockholders ~~July 21,~~of ~~2009,~~ SoftBrands, Inc. (“SoftBrands”) ~~executed~~will avote ~~Limited~~on ~~Waiver~~August 12, to2009 ~~Credit~~on ~~Agreement~~the proposal to ~~(“Limited~~adopt ~~Waiver”),~~the ~~dated~~previously asannounced agreement to be acquired by an affiliate of ~~July~~Golden Gate Capital and Infor. The merger remains subject to customary closing conditions but is expected to close on or about August 1513, 2009. As previously disclosed, byimmediately ~~and~~prior ~~among~~to ~~SoftBrands~~the ~~and~~effective ittime ~~subsidiaries~~of the ~~identified~~merger, SoftBrands will transfer, on a pro rata basis (with the ~~signature~~Series B ~~pages~~Preferred ~~thereto~~Stock, Series C-1 Preferred Stock and Series D Preferred Stock counted on an as-converted-to-common ~~borrowers~~stock basis in accordance with the participation rights set forth in the applicable certificate of designation), ~~Wells~~its ~~Fargo~~10% ~~Foothill~~interest in any future net proceeds of the AremisSoft Liquidating Trust to the individuals holding SoftBrands stock at such time and warrantholder Capital Resource Partners IV, ~~Inc~~L.P. (“CRP”). On July 30, ~~as administrative~~2009, ~~agent~~SoftBrands issued a press release announcing that August 13, 2009 ~~and~~is ~~each~~the record date for the distribution of the ~~lenders~~trust ~~parties~~interest, ~~thereto.~~subject ~~The~~to ~~Limited~~the ~~Waiver~~closing ~~waives~~of the merger. Only stockholders owning SoftBrands’ ~~non-compliance~~stock ~~with~~immediately ~~Section 6.12~~prior to the effective time of the merger and warrantholder CRP will be entitled to receive a pro rata portion of SoftBrands’ ~~Credit~~interest in ~~Agreement~~the ~~with~~AremisSoft ~~Wells~~Liquidating ~~Fargo Foothill~~Trust net proceeds, ~~Inc~~if any., ~~solely~~Any ~~for~~future distributions pursuant to the 10% ~~periods~~interest ~~ending~~in ~~May 31,~~the ~~2009~~net ~~and~~proceeds ~~June 30,~~of ~~2009,~~the ~~which~~AremisSoft ~~prohibits~~Liquidating Trust will be made to those stockholders who owned SoftBrands ~~from~~stock ~~owning~~immediately ~~cash~~prior orto ~~any~~the ~~other~~effective ~~funds~~time inof ~~any~~the ~~location~~merger ~~outside~~and warrantholder CRP, net of any administrative expense incurred in connection with the ~~United~~distribution to ~~States~~those orholders. SoftBrands is not able to predict whether cash distributions from the AremisSoft ~~China~~Liquidating Trust will be made to SoftBrands in anthe ~~aggregate~~future, and if such distributions are made, what the amount inof ~~excess~~the distributions will be. A copy of $5the press release issued by SoftBrands on July 30,~~000,000~~ at2009 ~~any~~is ~~one~~filed ~~time~~as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

A copy of the Limited Waiver is filed as Exhibit 10.27 to this Current Report on Form 8-K and is incorporated herein by reference. The foregoing description of the Limited Waiver is qualified in its entirety by reference to the full text of the Limited Waiver.

Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits.

1099.271 ~~Limited~~Press ~~Waiver to Credit Agreement~~release, dated ~~as of~~ July 1530, 2009, byof ~~and among~~ SoftBrands, Inc. ~~and it subsidiaries identified on the signature pages thereto, as borrowers, Wells Fargo Foothill, Inc., as administrative agent, and each of the lenders parties thereto.~~

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.


	SOFTBRANDS, INC.
	By:	/s/ Gregg A. Waldon
		Gregg A. Waldon
		Senior Vice President and Chief Financial Officer

Date: July 2330, 2009

EXHIBIT INDEX

Exhibit
Number		~~Description~~	Description
10.27		Limited Waiver to Credit Agreement, dated as of July 15, 2009, by and among SoftBrands, Inc. and it subsidiaries identified on the signature pages thereto, as borrowers, Wells Fargo Foothill, Inc., as administrative agent, and each of the lenders parties thereto.
	99.1		Press release, dated July 30, 2009, of SoftBrands, Inc.

Filing Compare · SoftBrands, Inc.