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 and Exchange Act of 1934

Date of Report (date of earliest event reported): ~~March~~April 1012, 2010

THE PBSJ CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Florida

000-30911

59-1494168

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

4030 West Boy Scout Boulevard, Suite 700

Tampa, Florida 33607

(Address of principal executive office)

Registrant’s telephone number, including area code (813) 282-7275

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))

Item 53.0203 ~~Departure~~Material ofModifications ~~Directors~~to orRights ~~Certain Officers; Election~~ of ~~Directors;~~Security ~~Appointment of Certain Officers; Compensatory Arrangements of Certain Officers~~Holders.

OnItem ~~March 10, 2010, The PBSJ Corporation (the “Company” or “PBSJ”) and John B~~5. ~~Zumwalt,~~03 ~~III,~~Amendments ato ~~former~~Articles ~~director~~ of ~~the~~Incorporation ~~Company~~or ~~and~~Bylaws; ~~the~~Change ~~former~~in ~~Chief~~Fiscal ~~Executive Officer of the Company, entered into a Separation Agreement and Release (the “Separation Agreement”), effective as of March 1, 2010~~Year. ~~The principal terms and conditions of the Separation Agreement are as follows:~~

•On April 12, 2010, The PBSJ ~~agreed~~Corporation, toa ~~pay~~Florida ~~Mr.~~corporation ~~Zumwalt~~(the a“Company”), ~~transition~~filed ~~cash~~Articles ~~payment~~of Amendment to its Amended and Restated Articles of ~~$900,000~~Incorporation ~~over~~with athe ~~twenty-four~~Department ~~month~~of ~~period,~~State ~~less~~of ~~all~~the ~~applicable~~State ~~tax~~of ~~withholdings,~~Florida ~~commencing~~in onorder ~~April~~to 1,effect ~~2010~~a division (the “~~Transition~~Stock ~~Payment~~Split”) of the Common Stock, Class A, $0.00067 Inpar value per share (the “Class ~~event~~A Common Stock”), of the Company. As a ~~sale~~result of ~~all~~the orStock ~~substantially~~Split, ~~all~~the 15 million shares of Class A Common Stock authorized for issuance prior to the ~~assets~~Stock Split were divided into 45 million shares of Class A ~~the~~Common ~~Company,~~Stock or(with ano ~~merger,~~change ~~reorganization~~in orpar ~~similar~~value) ~~transaction,~~and ~~after~~each ~~which~~issued ~~the~~and ~~employee~~outstanding ~~shareholders~~share of ~~the~~Class A ~~Company~~Common doStock ~~not~~was ~~retain~~divided ~~more~~into ~~than~~three ~~50%~~shares of Class A Common Stock. In connection with the ~~combined~~Stock ~~voting~~Split, ~~power~~the Board of Directors of the Company ~~then~~also ~~outstanding~~authorized ~~voting~~the ~~securities~~amendment of the ~~acquiring~~Company’s orArticles ~~surviving~~of ~~entity~~Incorporation ~~(each~~to aincrease ~~“Change~~the innumber ~~Control”),~~of ~~any~~the ~~remaining~~Company’s ~~monthly~~authorized ~~installments~~shares of ~~the~~common ~~Transition~~stock ~~Payment~~from 20 million to 60 million, ~~less~~which ~~all~~are ~~applicable~~divided ~~tax~~into ~~withholdings,~~45 million shares ~~shall~~of beClass A ~~paid~~Common toStock ~~Mr.~~and ~~Zumwalt~~15 million asshares aof ~~lump~~Class ~~sum~~B ~~payment~~Common ~~within~~Stock, 30$0.00067 ~~days~~par ~~after~~value, and increased the ~~Change~~number inof ~~Control~~the Company’s authorized shares of preferred stock, par $0.001, from 10 million to 30 million.

• The ~~Company~~Articles ~~agreed~~of toAmendment ~~pay~~became ~~Mr.~~effective ~~Zumwalt~~at a5:00 ~~severance payment equal to Three Hundred Thirty Thousand Dollars ($330~~p.m.,~~000),~~ ~~less~~Eastern ~~all~~time ~~applicable~~on ~~tax withholdings~~April 15, ~~payable~~2010 ~~in a lump sum payment on~~ (the ~~eighth day following the date on which Mr~~ “Split Date”). ~~Zumwalt executes the Separation Agreement;~~

•A ~~PBSJ~~copy ~~agreed~~of ~~that~~a ~~all~~form of ~~Mr.~~a ~~Zumwalt’s~~letter ~~1,526~~that ~~shares~~is ofbeing sent to the Company’s ~~restricted~~shareholders ~~stock~~on ~~shall~~or ~~become~~about ~~fully vested as of~~ the ~~Termination~~Split Date ~~and~~in connection ~~agreed~~with tothe ~~redeem~~Stock ~~all~~Split ~~such~~is ~~common~~attached ~~stock,~~as ~~less~~Exhibit ~~461~~99.321 ~~shares~~to ~~which~~this ~~will~~Form be8-K ~~withheld~~and tois ~~pay~~hereby ~~withholding~~incorporated ~~taxes,~~by ~~for $39~~reference.31 ~~per share, payable in a lump sum payment during the Company’s next open trading window in accordance with the Company’s redemption policies;~~

•Item ~~PBSJ agreed that all 48,030~~8.~~527~~01 ~~shares~~Other ~~of the Company’s common stock beneficially owned by Mr~~Events. Zumwalt in his Company stock account under the PBSJ Employee Profit Sharing and Stock Ownership Plan (the “401K”) shall be redeemed during the Company’s next open trading window in accordance with the terms of the 401K at a price per share at which other shares of the Company’s common stock in the 401K are sold during that open trading window;

•In connection ~~The~~with ~~Company agreed to pay Mr. Zumwalt~~ the ~~value~~Stock ofSplit, the ~~accumulated~~remaining ~~benefits~~number ~~(which~~of asshares of ~~March~~Class A 1,Common ~~2010,~~Stock ~~was~~registered ~~equal to $946,824.15), adjusted for investment earnings or losses and any expenses allocated to his account~~ under ~~The PBSJ Corporation Key Employee Capital Accumulation Plan (~~the ~~“KECAP”)~~Securities ~~through~~Act ~~the end~~ of ~~the sixth month following the month in which the Termination Date occurs~~1933, ~~payable~~as ~~to Mr. Zumwalt under the KECAP~~amended, ~~less applicable tax withholdings,~~ pursuant to the ~~terms~~Company’s ~~and~~registration ~~conditions~~statements oflisted ~~the~~below ~~KECAP~~will ~~and~~be ~~the~~proportionately adjusted ~~elections~~to ~~made~~give byeffect ~~Mr. Zumwalt with respect~~ to the ~~time~~Stock ~~and form of payment of the accumulated benefits payable to Mr~~Split. ~~Zumwalt under the KECAP.~~

~~• The Company agreed to pay to Mr~~1. ~~Zumwalt~~Registration anStatement ~~amount equal to (i) $16,003~~No.~~41,~~ 333-55582 as compensation for all accrued but unused paid time off, less all applicable tax withholdings, and (ii) $20,000, less all applicable tax withholdings, for legal fees reasonably incurred in connection with the negotiation and review of the Separation Agreement; in a lump sum payment on ~~the~~Form ~~eighth~~S-8 ~~day following the date on which Mr. Zumwalt executes this Separation Agreement;~~

•2. ~~For~~Registration ~~the~~Statement ~~three (3) month period immediately following the Termination Date (the “Consulting Period”), Mr~~No. 333-112842 ~~Zumwalt agreed to make himself available to consult with the Company at the Company’s request,~~ on aForm reasonable, as needed basis, in connection with certain consulting services in exchange for (i) a consulting fee equal to $135,000, less all applicable tax withholdings, payable in three equal consecutive monthly installments over a threeS-~~month~~8 period commencing April 1, 2010 and (ii) the reimbursement of all reasonable, approved expenses. Following the end of the Consulting Period, in the event the Company requests Mr. Zumwalt to provide additional consulting services to the Company, and Mr. Zumwalt agrees to perform such services, the Company shall pay Mr. Zumwalt a per diem payment of $3,000 per day for those additional consulting services;

•3. ~~For~~Registration aStatement ~~period of two years following the effective date of the Separation Agreement, Mr~~No. 333-148819 ~~Zumwalt~~on ~~agreed~~Form toS-8 ~~fully and promptly cooperate and to make himself available to PBSJ with respect to any threatened or pending investigation of, or litigation against PBSJ;~~

• For a period of two years from the effective date of the Separation Agreement, Mr. Zumwalt agreed not to engage in, be employed by, or to consult with, any business in competition with PBSJ or any of its affiliates;

• For a period of two years from the effective date of the Separation Agreement, Mr. Zumwalt agreed not to (i) solicit or otherwise induce or encourage any employee of PBSJ or any of its affiliates to separate his or her employment with PBSJ or its affiliates, (ii) hire, on behalf of himself or any other individual or entity, any employee employed by PBSJ or any of its affiliates on the Termination Date or (iii) solicit, divert or alienate any current or prospective client of PBSJ or any of its affiliates; and

• Mr. Zumwalt also (i) shall continue to be eligible to receive health benefits under PBSJ’s plan for a period of up to 18 months immediately following the Termination Date, if and to the extent that Zumwalt elects such continuation of health benefits pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA) and pays for such COBRA coverage at the same cost as is provided to other separating employees, (ii) agreed to certain confidentiality and nondisclosure provisions and (iii) provided PBSJ certain releases.

The foregoing description of the Separation Agreement is not complete and is qualified in its entirety by reference to the full text of the Separation Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K filed and is incorporated herein by reference.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
10.1		Separation Agreement and Release dated March 10, 2010 by and between The PBSJ Corporation and John B. Zumwalt, III.
3.1		Articles of Amendment to the Amended and Restated Articles of Incorporation of The PBSJ Corporation, dated April 12, 2010.
99.1		Shareholders’ Notice

~~SIGNATURE~~SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the ~~registrant~~Registrant has duly caused this report to be signed on its behalf by the undersigned, ~~thereunto~~hereunto duly authorized.

			The PBSJ Corporation
	THE PBSJ CORPORATION
Dated: March 16, 2010			/s/ Robert Paulsen
Date: April 16, 2010	By:	/s/ Benjamin P. Butterfield
			By: Robert Paulsen
	Name:	Benjamin P. Butterfield
			Title: Chief Executive Officer & President
	Title:	Senior Vice President and General Counsel

Index to Exhibits

Exhibit No.		Description
10.1		Separation Agreement and Release dated March 10, 2010 by and between The PBSJ Corporation and John B. Zumwalt, III.
3.1		Articles of Amendment to the Amended and Restated Articles of Incorporation of The PBSJ Corporation, dated April 12, 2010.
99.1		Shareholders’ Notice

Filing Compare · PBSJ CORP /FL/