8-K 1 v106459_8k.htm Unassociated Document
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): March 5, 2008
 
Clear Skies Solar, Inc
(Exact Name of Registrant as Specified in Charter)
 
Delaware
 
333-143695
 
30-0401535
(State or other jurisdiction
 
(Commission File Number)
 
(IRS Employer
of incorporation)
     
Identification No.)
 
5020 Sunrise Highway, Suite 227
Massapequa Park, New York
 
11762
(Address of principal executive offices)
 
(Zip Code)

Registrant’s telephone number, including area code: (516) 809-0498

 
(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 DFR 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 1.01. Entry into a Material Definitive Agreement
 
On March 5, 2008, we entered into a director and officer indemnification agreement with Arthur L. Goldberg, our Chief Financial Officer, in substantially the same form as the director and officer indemnification agreements that we had previously entered into with each of our other executive officers and directors.

Such director and officer indemnification agreements provide, among other things, for the indemnification to the fullest extent permitted or required by Delaware law, provided that such indemnitee shall not be entitled to indemnification in connection with any “claim” (as such term is defined in the agreement) initiated by the indemnitee against us or our directors or officers, unless we join or consent to the initiation of such claim, or the purchase and sale of securities by the indemnitee in violation of Section 16(b) of the Exchange Act.
 


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.
 
     
  CLEAR SKIES SOLAR, INC.
 
 
 
 
 
 
Dated: March 10, 2008 By:   /s/ Robert F. Parker
 
Name: Robert F. Parker
  Title: Chief Operating Officer