Attached files
file | filename |
---|---|
EX-10.1 - EX-10.1 - VIASPACE Inc. | exhibit1.htm |
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 22, 2015 |
VIASPACE Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Nevada | 333-110680 | 76-0742386 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
382 N. Lemon Ave., Ste. 364, Walnut, California | 91789 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 626-768-3360 |
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:
[ ] 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 1.01 Entry into a Material Definitive Agreement.
Employment Agreement
Effective June 22, 2015, the Registrant and Dr. Carl Kukkonen entered into an Amendment to the Employment Agreement (the "Amendment") regarding an Employment Agreement (the "Agreement") originally executed on October 28, 2014, with Dr. Carl Kukkonen, CEO. The Agreement is effective for the period from October 1, 2014 through September 30, 2015. Dr. Kukkonen was to be paid $169,744 annually. The Registrant filed a Form 8-K with the SEC related to this Agreement on October 31, 2014.
Under the Amendment, both parties agreed that effective June 1, 2015, Dr. Kukkonen's salary for the remaining term of the Agreement will be based on an annual salary of $84,772. Additionally, Dr. Kukkonen will receive $28,291 worth of qualified stock options to be issued on June 22, 2015 at fair market value based on the closing price of the Registrant’s common stock as traded on the OTC Market.
The Amendment is attached hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
Exhibit No. Description
10.1 Amendment to Employment Agreement by and between the Registrant and Carl Kukkonen dated June 22, 2015.
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.
VIASPACE Inc. | ||||
June 23, 2015 | By: |
Stephen J. Muzi
|
||
|
||||
Name: Stephen J. Muzi | ||||
Title: Chief Financial Officer |
Exhibit Index
Exhibit No. | Description | |
|
|
|
10.1
|
Amendment to Employment Agreement by and between the Registrant and Carl Kukkonen dated June 22, 2015. |