Sunrun Inc. (NASDAQ:RUN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
OnApril 4, 2018, Sunrun Inc. (the "Company") entered into a separation and consulting agreement ("Consulting Agreement") with Mina Kim, its General Counsel, to assist in the transition of her responsibilities after her departure from the Company onApril 6, 2018. Ms. Kim is entitled to receive an extension of her post-termination exercise period with respect to her outstanding stock option awards and certain other post-termination benefits to the terms of the Consulting Agreement which is filed as Exhibit 10.1 hereto.
The foregoing description of the Consulting Agreement is a summary only and is qualified in its entirety by the full text of the Consulting Agreement which is incorporated herein by reference.
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Item 9.01 |
Financial Statements and Exhibits |
(d) Exhibits
Sunrun Inc. ExhibitEX-10 2 exhibit101.htm EXHIBIT 10 Exhibit April 4,…To view the full exhibit click here
About Sunrun Inc. (NASDAQ:RUN)
Sunrun Inc. (Sunrun) is engaged in the design, development, installation, sale, ownership and maintenance of residential solar energy systems (Projects) in the United States. The Company is engaged in providing solar energy services and products to its customers. Sunrun has over 111,000 customers across 15 states, as well as the District of Columbia. Sunrun sells directly to consumers over the phone, Web and retail stores, as well as through a network of certified partners. It offers various plans and services, such as Pay as you go and Purchase your system. Its Pay as you go offers plans, such as BrightSave Monthly and BrightSave Prepaid. Sunrun’s BrightSave Monthly plan comes with both product and workmanship warranty, as well as protection against future utility rate hikes. Users can lock in over 20 years of electricity with Sunrun’s BrightSave Prepaid solar lease plan. With Sunrun’s BrightBuy, users can purchase the entire solar system.
