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) February 28, 2008
PROBE MANUFACTURING, INC.
(Exact name of registrant as specified in its charter)
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Nevada |
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333-125678 |
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20-2675800 |
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(State or other jurisdiction |
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(Commission |
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(IRS Employer |
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of incorporation) |
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File Number) |
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Identification No.) |
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25242 Artic Ocean Drive, Lake Forest, CA |
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92630 |
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(Address of principal executive offices) |
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(Zip Code) |
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Registrant’s telephone number, including area code (949) 203-6868
(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 (see General Instruction A.2. below):
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 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On February 28, 2008 we entered into an employment agreement with our Chief Financial Officer, John Bennett. Pursuant to the terms of the offer Mr. Bennett will receive an annual salary of $140,000 and an option to purchase 100,000 shares of the Company’s common stock at $0.10 per share.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
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Exhibit Number |
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Description |
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10.1 |
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Employment offer letter |
SIGNATURE
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.
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Probe Manufacturing, Inc. |
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(Registrant) |
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Date |
March 26, 2008 |
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/s/ Reza Zarif |
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(Signature) |
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Print Name: Reza Zarif |
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Title: Chief Executive Officer |
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February 28, 2008
Dear Mr. Bennett:
This letter confirms your employment with the Company on the following terms, to begin immediately upon the execution date:
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Your position will be CFO reporting to the Board of Directors.
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Your yearly base salary is $140,000 to be paid according to the Company’s standard practices.
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In addition to your base salary you will be entitled to receive an option to purchase 100,000 shares of the Company’s common stock at per share price of $0.10.
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You are entitled to receive holidays, vacation, medical and dental insurance, and other standard Company benefits, all in accordance with standard Company plans and any revisions thereof.
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You shall be reimbursed for reasonable and necessary business expenses authorized and verified to Company’s satisfaction.
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Your employment is at will. Either you or the Company may terminate this employment relationship at any time for any reason with or without cause. No one has the authority to change this except by a written agreement signed by both parties. Four weeks notice would be expected from you and would be given to you in lieu of termination.
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We each mutually agree to arbitrate any and all differences, claims, or disputes, of every kind (statutory or other) arising out of your employment or its termination. Such arbitration would be in Orange County, California, or other mutually-agreed location, before the American Arbitration Association, and in lieu of any court action.
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The Parties hereby agree to enter into an employment contract as soon as practicable on the terms as set forth herein.
Please sign below and return the original to me to accept employment.
Very truly yours,
/s/ Barrett Evans
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Barrett Evans
Chairman, Probe Manufacturing, Inc.
Agreed to this ____ day of February, 2008
/s/ John Bennett
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John Bennett
25242 Arctic Circle Drive, Lake Forest, California 92630, T (949) 206-6868, F (949) 206-6869
www.probemi.com