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 Officers

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 Officers
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.

On June 15, 2018, Sunrun Inc. (the “Company”) entered an amendment (the “Amendment”) to the separation and consulting agreement dated April 4, 2018 with Mina Kim, the Company’s former General Counsel, to amend the number of shares of the Company’s common stock subject to the extension of the post-termination exercise period with respect to her outstanding stock option awards.

The foregoing description of the Amendment is a summary only and is qualified in its entirely by the full text of the Amendment which is filed as Exhibit 10.1 hereto and incorporated herein by reference.

Item 5.02

Financial Statements and Exhibits.

Exhibit No.

Description

Amendment to Separation and Consulting Agreement between Mina Kim and Sunrun Inc., dated as of June 15, 2018.


Sunrun Inc. Exhibit
EX-10.1 2 exhibit10161918.htm EXHIBIT 10.1 Exhibit                                                                                                      EXHIBIT 10.1AMENDMENT TO SEPARATION AND CONSULTING AGREEMENT This amendment,…
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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.

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