SUNWORKS, INC. (NASDAQ:SUNW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

SUNWORKS, INC. (NASDAQ:SUNW) 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 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Story continues below

Effective December 13, 2017, John Van Slooten resigned as a member of Sunworks, Inc.’s (the “Company’s”) Board of Directors (the “Board”). Mr. Van Slooten also resigned as a member of the Board’s Compensation and Corporate Governance/Nominating Committees. Mr. Van Slooten’s resignation was not the result from any disagreement with the Company, any matter related to the Company’s operations, policies or practices, the Company’s management or the Board.

Effective December 15, 2017, Brigham Tomco resigned as a member of the Company’s Board. Mr. Tomco also resigned as a member of the Board’s Audit and Compensation Committees. Mr. Tomco’s resignation was not the result from any disagreement with the Company, any matter related to the Company’s operations, policies or practices, the Company’s management or the Board.

Effective December 15, 2017, Abraham Emard resigned as a member of the Company’s Board. Mr. Emard’s resignation was not the result from any disagreement with the Company, any matter related to the Company’s operations, policies or practices, the Company’s management or the Board. Mr. Emard will continue in an operational and sales leadership role with the Company.

The Company released a press release with respect to the foregoing, a copy of which is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.

Exhibit No. Description
99.1 Press Release dated December 19, 2017


Sunworks, Inc. Exhibit
EX-99.1 2 ex99-1.htm   Sunworks Announces Streamlining of Board of Directors   Departure of Three Directors Commences Near-Term Plan to Create a Smaller,…
To view the full exhibit click here

About SUNWORKS, INC. (NASDAQ:SUNW)

Sunworks, Inc., formerly Solar3D, Inc., provides photo voltaic (PV) based power systems for the residential, commercial and agricultural markets in California and Nevada. The Company, through its operating subsidiaries, designs, arranges financing, integrates, installs and manages systems ranging in size from 2 kilowatt (KW) for residential loads to multi megawatts (MW) systems for larger commercial projects. The Company’s commercial installations include office buildings, manufacturing plants, warehouses and agricultural facilities, such as farms, wineries and dairies. The Company provides a range of installation services to its solar energy customers, including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring and maintenance. The Company has installed over 850 systems in California and Nevada.

An ad to help with our costs