- Current report filing (8-K)
October 30 2008 - 4:30PM
Edgar (US Regulatory)
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): October 24,
2008
SOLAR
ENERTECH CORP.
(Exact
name of Company as specified in Charter)
Delaware
(State
or other jurisdiction of
incorporation
or organization)
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000-51717
(Commission
File No.)
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98-0434357
(IRS
Employee Identification
No.)
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1600
Adams Drive
Menlo
Park, California 94025
(Address
of Principal Executive Offices)
(650) 688-5800
(Issuer
Telephone number)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Company under any of the following
provisions (see General Instruction A.2 below).
o
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17
CFR240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b)).
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13(e)-4(c))
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Item
1.01
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Entry
into a
Material Definitive Agreement.
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On
October 29, 2008, Solar EnerTech Corp., a Delaware corporation (the
“Company”), and Ming Wai Anthea Chung, Chief Financial Officer of the Company,
entered into a Consulting Agreement (the “Consulting Agreement”) in connection
with Ms. Chung’s resignation from the Company effective December 8,
2008. Pursuant to the Consulting Agreement, Ms. Chung will continue
to work for the Company during the six month period following the effective
date of her resignation for a two-installment payment totaling $65,000. Ms.
Chung will also continue to receive all benefits and reimbursable expenses
described in her existing Management Agreement with the
Company.
Item
5.02
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Departure
of Directors or Certain Officers; Election of Directors; Appointment
of
Certain Officers; Compensatory Arrangements of Certain
Officers.
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(b)
On
October 24, 2008, Ms. Ming Wai Anthea
Chung, Chief Financial Officer of the Company, announced her
resignation from the Company effective December 8, 2008. The Company will
be conducting a search for a new chief financial officer.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has
duly
caused this Current Report to be signed on its behalf by the undersigned
hereunto duly authorized.
Dated:
October 24, 2008
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SOLAR
ENERTECH CORP.
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By:
/s/
LEO
YOUNG
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Leo
Young, Chief Executive Officer
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