Item 1.01 On April 11, 2006, the Company received a signed copy of the attached Second Amendment to Forbearance Agreement between the Company and United Bank, the terms of which were agreed to in principal on March 16, 2006, as reported in the Company's Form 10-Q filed on March 17, 2006, which description is incorporated herein by reference. The date of the agreement is March 30, 2006, but the formal conclusion was delayed by administrative issues. Item 9.01 See attached Second Amendment to Forbearance Agreement dated as of March 30, 2006. 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. Williams Industries, Incorporated ----------------------------------- Registrant Date: April 11, 2006 /s/ FRANK E. WILLIAMS, III ----------------------------------- Frank E. Williams, III, President