SPORTS FIELD HOLDINGS, INC. (OTCBB:AGSE) Files An 8-K Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement

On May 15, 2017, Sports Field Holdings, Inc. (the Company)
entered into a director agreement (Director Agreement) with Tom
Minichiello, concurrent with Mr. Minichiellos appointment to the
Board of Directors of the Company (the Board) effective May 15,
2017 (the Effective Date). The Director Agreement may, at the
option of the Board, be automatically renewed on such date that
Mr. Minichiello is re-elected to the Board. to the Director
Agreement, Mr. Minichiello is to be paid a stipend of One
Thousand Dollars ($1,000) per meeting of the Board, which shall
be contingent upon his attendance at the meetings being in
person, rather than via telephone or some other electronic
medium. Additionally, Mr. Minichiello shall receive non-qualified
stock options (the Options) to purchase up to Two Hundred
Thousand (200,000) shares of the Companys common stock. The
exercise price of the Options shall be One Dollar ($1.00) per
share.The Options shall vest in equal amounts over a period of
two (2) years at the rate of Twenty Five Thousand (25,000) shares
per fiscal quarter on the last day of each such quarter,
commencing in the first full fiscal quarter in which Mr.
Minichiello serves in his capacity as Director in 2017.

Item 5.02 Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.

Item 1.01 is hereby incorporated by reference.

On May 15, 2017, the Board approved by unanimous written consent
the appointment of Tom Minichiello as director of the Company,
effective immediately.

Tom Minichiello, age 58

Tom Minichiello is currently Senior Vice President, Chief
Financial Officer, Treasurer, and Secretary for Westell
Technologies, positions he has held since July, 2013. He is
responsible for finance, information technology, human resources,
legal, contract administration, real estate, and corporate
communications. Prior to Westell, Mr. Minichiello was interim
Chief Financial Officer for Tellabs and served in various other
positions including Vice President of Finance and Chief
Accounting Officer, Vice President of Financial Operations, Vice
President of Finance for North America, Director of Finance for
all product divisions, and Controller for the Optical Networking
Group from March 2001 to July, 2013. Minichiello also served in
leadership roles at Andrew Corporation and held financial
management and audit positions at Phelps Dodge, Otis Elevator,
and United Technologies. He began his career at Sterling Drug.
Mr. Minichiello serves on the Governing Body for the Evanta
Chicago CFO Executive Summit. He was a Panelist for the 2016
Finance Transformation Summit in Dallas, and previously was an
Advisory Board Member for Back on My Feet Chicago and a Board
Member for the Tellabs Foundation.

Mr. Minichiello holds a Master of Business Administration degree
in Entrepreneurship and Operations Management from DePaul
University, a Master of Science in Accounting from the University
of Hartford, and a Bachelor of Arts in Economics from Villanova
University. He is a Certified Public Accountant.

Family Relationships

Mr. Minichiello does not have any family relationships with a
current officer or director of the Company.

Related Party Transactions

There are no applicable related party transactions.

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

About SPORTS FIELD HOLDINGS, INC. (OTCBB:AGSE)

Sports Field Holdings, Inc. is engaged in product development, engineering, manufacturing, and the construction, design and building of athletic facilities and sports complexes. The Company also supplies its own synthetic turf products to the sports industry. The Company also designs and installs baseball stadiums, soccer fields, indoor soccer facilities, softball fields and running tracks for private sports venues, public and private high schools and public and private universities. The Company manufactures synthetic turf products based on surface heat reduction, which incorporates a third-party pre-engineered structural base system, and its infill matrix called Organite. It also offers its services are offered to municipalities, the Federal Aviation Administration (FAA), private businesses, as well as the residential and commercial landscaping market, the golf industry and golf-related venues, such as driving ranges, practice putting greens, and the miniature golf market.

SPORTS FIELD HOLDINGS, INC. (OTCBB:AGSE) Recent Trading Information

SPORTS FIELD HOLDINGS, INC. (OTCBB:AGSE) closed its last trading session at 0.0000 with shares trading hands.