REAL GOODS SOLAR, INC. (NASDAQ:RGSE) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement

On May 23, 2017, Real Goods Solar, Inc. (the Company) entered
into an agreement with Mobomo, LLC to which Mobomo, LLC will
design and develop an integrated mobile phone application with
RGS existing and additional digital applications into a new RGS
Energy customer portal. The Company expects the investment in
software will improve its sales cycle time and customer
satisfaction, helping the company achieve its top-line revenue
growth strategy. Work is scheduled to begin immediately and
expected to last 25 weeks. Subject to the terms and conditions of
the agreement, the Company expects to pay Mobomo a total fee of
$516,000 in instalments over five months and reimburse Mobomos
out-of-pocket expenses.

The Company may terminate the agreement at any time upon 30 days
notice the agreement contains confidentiality and
non-solicitation obligations, representations, warranties,
covenants and other provisions customary for this type of
agreement.

Mobomos Chief Executive Officer Brian Lacey is the son of the
Company CEO Dennis Lacey. The Company approved the agreement in
accordance with its related-party transaction policy.

Forward-Looking Statements

This Current Report on Form 8-K includes forward-looking
statements relating to matters that are not historical facts.
Forward-looking statements may be identified by the use of words
such as expect, will, should, would or comparable terminology or
by discussions of strategy. While the Company believes its
assumptions and expectations underlying forward-looking
statements are reasonable, there can be no assurance that actual
results will not be materially different. Risks and uncertainties
that could cause materially different results include, among
others, the Companys ability to successfully complete the
software development project described in this Current Report on
Form 8-K on a timely basis and integrate the resulting software
with the Companys existing software and business; the Companys
ability to implement its growth strategy and achieve its target
level of sales; customer acceptance of, experience with and
satisfaction with the new software and other risks; and
uncertainties included in the Companys filings with the
Securities and Exchange Commission. The Company assumes no duty
to update any forward-looking statements.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

REAL GOODS SOLAR, INC. (NASDAQ:RGSE) Recent Trading Information

REAL GOODS SOLAR, INC. (NASDAQ:RGSE) closed its last trading session 00.00 at 1.09 with 424,553 shares trading hands.