"We are delighted with the recognition" says Joe Grimes, COO of XsunX, "for the efforts we have made to work with state and local governments, local utilities and community colleges as well as being an advocate for continued growth in the solar sector." 
 
 
Mayor David Fuller states " Wood Village is a city that believes in strong partnerships with its local businesses.  We are very pleased with the cooperation that exists between XsunX, City staff and the Council of Wood Village.    We are pleased to receive the Business Development Success Story award and thank the Portland Development Commission's nomination of Wood Village for this prestigious award.  We see a bright future with XsunX adding significant jobs and growth to the local economy.”
 

 

 

 

 

Entry into a Material Definitive Agreement, Financial Statements
Date: 3/2/2007

 Form 8-K for XSUNX INC

2-Mar-2007

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry into a Material Definitive Agreement

The Company entered into a Stock Option Agreement with the following people:

Joseph Grimes
Jeff Huitt
Kurt Laetz
Dr. John J. Moore
Robert Wendt

The Company also entered into an Employment Agreement with the following people:

Joseph Grimes
Jeff Huitt
Kurt Laetz
Robert Wendt

The Company entered into a Consulting and Advisory Agreement with Dr. John J. Moore.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits

A. Financial Statements - none

B. Exhibits - 10.1 Stock Option Agreement (Joseph Grimes)
10.2 Stock Option Agreement (Jeff Huitt)
10.3 Stock Option Agreement (Kurt Laetz)
10.4 Stock Option Agreement (Dr. John J. Moore)
10.5 Stock Option Agreement (Robert Wendt)
10.6 Employment Agreement (Joseph Grimes)
10.7 Employment Agreement (Jeff Huitt)
10.8 Employment Agreement (Kurt Laetz)
10.9 Employment Agreement (Robert Wendt)
10.10 Consulting Agreement and Advisory Agreement
(Dr. John J. Moore)