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):  January 31,
      2008





Lakeland
      Industries, Inc.


(Exact
      name of Registrant as Specified in Charter)








Delaware
            
            000-15535
            
            13-3115216(State
                or Other Jurisdiction
              of
                Incorporation)
            
            (Commission
                File Number)
            
            (IRS
                Employer
              Identification
                No.)





701
      Koehler Avenue, Suite 7,
      Ronkonkoma, New York  11779-7410


(Address
      of Principal Executive Offices)








Registrant’s
      telephone number, including area code:  (631)
      981-9700





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




On
      January 31, 2008, Lakeland Industries, Inc. (the “Company”) entered into an
      Employment Agreement (the “Agreement”) with Gary Pokrassa, the Chief Financial
      Officer of the Company.  The term of the Agreement is two years, from
      January 31, 2008 through January 31, 2010.




During
      the term of the Agreement, Mr. Pokrassa will receive an annual base salary
      of
      $225,000 and, beginning in 2009, in May of each year, he may be awarded a
      discretionary bonus based on an increase in after tax earnings measured from
      the
      prior year end.  The bonus may be comprised of both cash and
      restricted stock having a value calculated as follows: (i) each penny increase
      in earnings per share from $0.70 to $0.93 will be multiplied by $2,000 and
      paid
      in cash; and (ii) each penny increase in earnings per share above $0.93 will
      be
      multiplied by $1,000 and paid in the form of a grant of restricted
      stock.




Mr. Pokrassa
      is also entitled to a $750 per month car allowance, participation in the
      Company’s pension plan, profit sharing plan, medical and disability plans, stock
      appreciation rights plan, stock option plans and/or ESOPs, and 401(k) plan,
      when
      any such plans become effective, 4 weeks of vacation, reimbursement of dues
      and
      expenses that are necessary and proper in the conduct of the Company’s business,
      and such other benefits as may be provided to the Company’s officers and
      employees.




The
      Company can terminate Mr. Pokrassa’s employment for “cause,” as defined below,
      in which case, within 30 days of such termination, he will be entitled to:
      (i)
      the portion of his base salary that is accrued, but unpaid, as of the date
      of
      termination; and (ii) any other benefits that accrued prior to the date of
      termination.  “Cause” is defined in the Agreement to include
      Mr. Pokrassa’s: (i) failure to substantially perform his duties, after a
      written demand for such performance is delivered to him, which identifies the
      manner in which he has not performed his duties; (ii) commission of an act
      of
      fraud, theft, misappropriation, dishonesty or embezzlement; (iii) conviction
      for
      a felony or pleading nolo contendere to a felony; (iv) failure to follow a
      lawful directive of management; or (v) material breach of any provision of
      the
      Agreement.




If
      the
      Company terminates Mr. Pokrassa’s employment for any reason other than as
      described above, he will be entitled to: (i) 6 months’ base salary; and (ii) any
      bonus due to him on the date of termination.




The
      Agreement also contains customary non-competition and non-solicitation covenants
      that bind Mr. Pokrassa during the term of the Agreement and for one year
      thereafter.




The
      foregoing brief summary of the Agreement is not intended to be complete and
      is
      qualified in its entirety by reference to the complete text of the Agreement,
      which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is
      incorporated herein by reference.









2


Item
                9.01
            Financial
                Statements
                and Exhibits.




(d)
            The
                following have been filed as exhibits to this Form 8-K:




10.1
            Employment
                Agreement, dated January 31, 2008, between Lakeland Industries, Inc.
                and
                Gary Pokrassa














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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.




LAKELAND
                INDUSTRIES, INC.Date:   February
                6, 2008
            By:
            /s/
                Christopher J. RyanName:
            Christopher
                J. RyanTitle:
            President
                and Chief Executive Officer














4


INDEX
      TO
      EXHIBITS








Exhibit
                Number
            Description10.1
            Employment
                Agreement, dated January 31, 2008, between Lakeland Industries, Inc.
                and
                Gary Pokrassa














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