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): June 16, 2008

Commission File Number 1-13610
 

PMC COMMERCIAL TRUST
(Exact name of registrant as specified in its charter)


TEXAS
 
75-6446078
(State or other jurisdiction
 
(I.R.S. Employer Identification No.)
of incorporation or organization)
 
 
 
 
 
 
 
 
17950 Preston Road, Suite 600, Dallas, TX 75252
 
(972) 349-3200
(Address of principal executive offices)
 
(Registrant's telephone number)


Former name, former address and former fiscal year, if changed since last report: NONE

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 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

On June 16, 2008, the employment contracts of our executive officers, Lance B. Rosemore, Jan F. Salit and Barry N. Berlin, were extended from June 30, 2010 to June 30, 2011.
 
 
 
 


SIGNATURE

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: June 19, 2008


PMC COMMERCIAL TRUST

By: /s/ Barry N. Berlin                                   
       Barry N. Berlin, Chief Financial Officer