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<P align="right" style="font-size: 10pt">As filed with the Securities and Exchange Commission on April&nbsp;19, 2005<BR>
Registration No.&nbsp;333-_____


<P align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<P align="center" style="font-size: 18pt"><B>FORM S-8</B>


<DIV align="center" style="font-size: 12pt"><B>REGISTRATION STATEMENT<BR>
UNDER<BR>
THE SECURITIES ACT OF 1933</B></DIV>

<P align="center" style="font-size: 24pt"><B>SUN HYDRAULICS CORPORATION</B>


<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in Its Charter)</DIV>


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    <TD align="center" valign="top"><B>Florida</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>59-2754337</B></TD>
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    <TD align="center" valign="top">(State of Incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer</TD>
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    <TD align="center" valign="top">Identification No.)</TD>
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<P align="center" style="font-size: 10pt"><B>1500 West University Parkway, Sarasota, Florida 34243</B><BR>
(Address of Principal Executive Offices)



<P align="center" style="font-size: 10pt"><B>SUN HYDRAULICS CORPORATION 401(k) AND ESOP RETIREMENT PLAN</B><BR>
(Full Title of the Plan)



<P align="center" style="font-size: 10pt"><B>Allen J. Carlson<BR>
President and Chief Executive Officer<BR>
1500 West University Parkway<BR>
Sarasota, Florida 34243<BR>
(941)&nbsp;362-1200</B><BR>
(Name, address and telephone number, including area code, of agent for service)



<P align="center" style="font-size: 10pt">Copy to:<BR>
<B>Gregory C. Yadley, Esquire<BR>
Shumaker, Loop &#038; Kendrick, LLP<BR>
101 E. Kennedy Blvd, Suite&nbsp;2800<BR>
Tampa, FL 33602<BR>
Telephone: (813)&nbsp;229-7600</B>



<P align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B>


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    <TD>&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Proposed</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2">&nbsp;</TD>
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    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Maximum</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Amount of</B></TD>
    <TD>&nbsp;</TD>
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    <TD nowrap align="center"> <B>Title of Securities</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>to be</B></TD>
    <TD>&nbsp;</TD>
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    <TD nowrap align="center" colspan="2"><B>Offering Price</B></TD>
    <TD>&nbsp;</TD>
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    <TD nowrap align="center" colspan="2"><B>Aggregate</B></TD>
    <TD>&nbsp;</TD>
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    <TD nowrap align="center"> <B>to be Registered</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
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    <TD nowrap align="center" colspan="2"><B>Registered(1)</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Per Share(2)</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offering Price</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Fee</B></TD>
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                    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Common Stock, par value
$.001 per share</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">10,000</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">$</TD>
    <TD align="right" style="border-top: 1px solid #000000">24.05</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">$</TD>
    <TD align="right" style="border-top: 1px solid #000000">240,500</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="left" style="border-top: 1px solid #000000">$</TD>
    <TD align="right" style="border-top: 1px solid #000000">29</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>
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    <TD width="1%" nowrap align="left">(1)&nbsp;&nbsp;</TD>
    <TD>This registration statement registers resales of 10,000 shares of common stock which
may be offered and sold from time to time by certain shareholders of the Registrant.
Pursuant to Rule&nbsp;416 under the Securities Act of 1933, as amended, this registration
statement shall also cover additional shares of common stock which may become issuable
to such shareholder by reason of any stock split, stock dividend, recapitalization or
other similar transactions effected without consideration which results in an increase
in the number of the Registrant&#146;s shares of outstanding common stock.</TD>
</TR>

<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">(2)&nbsp;&nbsp;</TD>
    <TD>Estimated solely for the purpose of calculating the registration fee. Pursuant to
Rule&nbsp;457(c), the fee is calculated on the basis of the average of the high and low
prices for the Registrant&#146;s common stock as reported through the Nasdaq National
Market System on April&nbsp;15, 2005.</TD>
</TR>

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<P align="left" style="font-size: 10pt"><B>REOFFER PROSPECTUS</B>



<P align="center" style="font-size: 10pt"><B>SUN HYDRAULICS CORPORATION</B>



<P align="center" style="font-size: 10pt"><B>10,000 Shares of Common Stock</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus relates to shares of our common stock, par value $.001 per share, which
may be offered and sold from time to time by The Charles Schwab Trust Company, acting as trustee of
the Sun Hydraulics Corporation 401(k) And ESOP Retirement Plan (the &#147;Selling Shareholder&#148;). The
Selling Shareholder received the shares through stock grants from us for the benefit of our United
States employees. Our common stock is listed for trading on the Nasdaq Stock Market&#146;s National
Market System under the symbol &#147;SNHY.&#148; On April&nbsp;15, 2005, the closing price of the common stock,
as reported in the National Market System, was $23.24 per share.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will not receive any of the proceeds from sales of the shares by the Selling Shareholder.
The shares may be offered from time to time by the Selling Shareholder through ordinary brokerage
transactions, at market prices prevailing at the time of sale. See &#147;Plan of Distribution.&#148; All
costs, expenses and fees in connection with the registration of the shares will be borne by us.
Brokerage commissions and similar selling expenses, if any, attributable to the offer or sale of
the shares will be borne by the Selling Shareholder.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Selling Shareholder and any broker executing sell orders on behalf of the Selling
Shareholder may be deemed to be an &#147;underwriter&#148; as defined in the Securities Act of 1933, as
amended (the &#147;Securities Act&#148;). If any broker-dealers are used to effect sales, any commissions
paid to broker-dealers and, if broker-dealers purchase any of the shares as principals, any profits
received by such broker-dealers on the resale of the shares, may be deemed to be underwriting
discounts or commissions under the Securities Act. In addition, any profits realized by the
Selling Shareholder may be deemed to be underwriting commissions.


<P align="left" style="font-size: 10pt"><B>THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR
ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE
SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.</B>



<P align="center" style="font-size: 10pt">The date of this prospectus is April&nbsp;19, 2005


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<P align="center" style="font-size: 10pt"><B>OUR BUSINESS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are a leading designer and manufacturer of high-performance screw-in hydraulic cartridge
valves and manifolds, which control force, speed, and motion as integral components in fluid power
systems. The innovative floating construction of our screw-in cartridge valves and the design of
the cavities in which they are installed provide demonstrable performance and reliability
advantages compared to other available screw-in


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<P align="left" style="font-size: 10pt">cartridge valves. We design and manufacture one of
the most comprehensive lines of screw-in hydraulic
cartridge valves and manifolds in the world. We have generated a profit every year since 1972 and
have paid a dividend every quarter since our public offering in 1997. We believe that our success
is primarily a result of our innovative product design, consistent high quality, superior product
performance and the breadth of the markets we serve.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We sell our products primarily through a global network of independent fluid power
distributors to a diverse universe of end users, for use in various &#147;mobile&#148; applications, such as
construction, agricultural and utility equipment, and a broad array of &#147;industrial&#148; applications,
such as machine tools and material handling equipment. While many of our end users are subject to
cyclical demand for their products, we mitigate this exposure through the wide variety of
applications and industries we serve.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We were organized as a Florida corporation in 1986 to take over the operations of the business
of our predecessor, Suninco, Inc. (f/k/a Sun Hydraulics Corporation). Suninco, Inc. was founded in
1970 by Robert E. Koski for the specific purpose of developing and promoting screw-in cartridge
valve technology. Our executive offices are located at 1500 West University Parkway, Sarasota,
Florida 34243, and our telephone number is (941)&nbsp;362-1200.

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<P align="center" style="font-size: 10pt"><B>AVAILABLE INFORMATION</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are subject to the information requirements of the Securities Exchange Act of 1934, as
amended (the &#147;Exchange Act&#148;), and, in accordance therewith, files reports, proxy statements and
other information with the Securities and Exchange Commission (the &#147;Commission&#148;). The reports,
proxy statements and other information filed by us with the Commission can be inspected and copied
at the Public Reference Room of the Commission at 450 Fifth Street, N.W., Washington, D.C. 20549.
Copies of such material also may be obtained by mail from the Public Reference Room of the
Commission, 450 Fifth Street, N.W., Washington, D.C. 20549, at prescribed rates. Information
regarding the operation of the Public Reference Room may be obtained by calling the Commission at
1-800-SEC-0330. Additionally, the Commission maintains an Internet site that contains reports,
proxy and information statements and other information regarding registrants that file
electronically with the Commission and that is located at http://www.sec.gov.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus constitutes part of a registration statement on Form S-8 filed on the date
hereof (herein, together with all amendments and exhibits, referred to as the &#147;registration
statement&#148;) by us with the Commission under the Securities Act. This prospectus does not contain
all of the information set forth in the registration statement, certain parts of which are omitted
in accordance with the rules and regulations of the Commission. For further information about us
and the common stock, reference is hereby made to the registration statement. Statements contained
herein concerning the provisions of any contract, agreement or other document are not necessarily
complete, and in each instance reference is made to the copy of such contract, agreement or other
document filed as an exhibit to the registration statement or otherwise filed with the Commission.
Each such statement is qualified in its entirety by such reference. Copies of the registration
statement together with exhibits may be inspected at the offices of the Commission as indicated
above without charge and copies thereof may be obtained therefrom upon payment of a prescribed fee.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No person is authorized to give any information or to make any representations, other than
those contained in this prospectus, in connection with the offering described herein, and, if given
or made, such information or representations must not be relied upon as having been authorized by
us or the Selling Shareholder. This prospectus does not constitute an offer to sell, or a
solicitation of an offer to buy, nor shall there by any sale of these securities by any person in
any jurisdiction in which it is unlawful for such person to


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<P align="left" style="font-size: 10pt">make such offer, solicitation or sale.
Neither the delivery of this prospectus nor any sale made hereunder shall
under any circumstances create an implication that the information contained herein is correct as
of any time subsequent to the date of this prospectus.


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<P align="center" style="font-size: 10pt"><B>INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed with the Commission are hereby incorporated in this prospectus
by reference:



<P align="left" style="margin-left:2%; font-size: 10pt">(a)&nbsp;Our Annual Report on Form 10-K for the year ended December&nbsp;25, 2004;



<P align="left" style="margin-left:2%; font-size: 10pt">(b)&nbsp;Our Current Reports on Form 8-K filed January&nbsp;14, 2005, January&nbsp;20, 2005, February&nbsp;10,
2005, March&nbsp;2, 2005, and March&nbsp;8, 2005; and



<P align="left" style="margin-left:2%; font-size: 10pt">(c)&nbsp;The description of our common stock included in the registration statement on Form S-1
(File No.&nbsp;333-14183) (incorporated by reference into our Securities Exchange Act Registration
Statement on Form 8-A, filed December&nbsp;6, 1996), and any amendment or report filed for the
purpose of updating such description.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All reports and other documents subsequently filed by us pursuant to Sections&nbsp;13(a), 13(c), 14
and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this
registration statement which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold shall be deemed to be incorporated by reference in
this registration statement and to be a part hereof from their respective dates of filing.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained herein or in a document incorporated or deemed to be incorporated by
reference herein shall be deemed to be modified or superseded for purposes of this prospectus to
the extent that a statement contained herein or in any other subsequently filed document which also
is or is deemed to be incorporated by reference herein modifies or supersedes such earlier
statement. Any statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this prospectus.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information relating to us contained in this prospectus should be read together with the
information in the documents incorporated by reference.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>This prospectus incorporates by reference documents which are not presented herein or
delivered herewith. Such documents (other than exhibits to such documents unless such exhibits are
specifically incorporated by reference) are available without charge to any person to whom this
prospectus is delivered, upon written or oral request. Requests for such documents should be
directed to Richard K. Arter, Sun Hydraulics Corporation, 1500 West University Parkway, Sarasota,
Florida 34243, telephone: (941)&nbsp;362-1200.</B>

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<P align="center" style="font-size: 10pt"><B>PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOR STATEMENT</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain oral statements made by management from time to time and certain statements contained
in our reports filed with the Commission that are not historical facts are &#147;forward-looking
statements&#148; within the meaning of Section&nbsp;21E of the Securities Exchange Act of 1934 and, because
such statements involve risks and uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. Forward-looking statements, including
those in Management&#146;s Discussion and Analysis of


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<P align="left" style="font-size: 10pt">Financial Condition and Results of Operations, are
statements regarding our intent, belief or current
expectations, estimates or projections about our business and the industry in which we operate, and
assumptions made by us, and include among other items, (i)&nbsp;our strategies regarding growth,
including our intention to develop new products; (ii)&nbsp;our financing plans; (iii)&nbsp;trends affecting
our financial condition or results of operations; (iv)&nbsp;our ability to continue to control costs and
to meet our liquidity and other financing needs; (v)&nbsp;the declaration and payment of dividends; and
(vi)&nbsp;our ability to respond to changes in customer demand domestically and internationally,
including as a result of standardization. Although we believe that our expectations are based on
reasonable assumptions, we can give no assurance that the anticipated results will occur.



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Important factors that could cause the actual results to differ materially from those in the
forward-looking statements include, among other items, (i)&nbsp;the economic cyclicality of the capital
goods industry in general and the hydraulic valve and manifold industry in particular, which
directly affect customer orders, lead times and sales volume; (ii)&nbsp;conditions in the capital
markets, including the interest rate environment and the availability of capital; (iii)&nbsp;changes in
the competitive marketplace that could affect our revenue and/or cost bases, such as increased
competition, lack of qualified engineering, marketing, management or other personnel, and increased
labor and raw materials costs; (iv)&nbsp;changes in technology or customer requirements, such as
standardization of the cavity into which screw-in cartridge valves must fit, which could render our
products or technologies noncompetitive or obsolete; (v)&nbsp;new product introductions, product sales
mix and the geographic mix of sales nationally and internationally; and (vi)&nbsp;changes relating to
our international sales, including changes in regulatory requirements or tariffs, trade or currency
restrictions, fluctuations in exchange rates, and tax and collection issues. Further information
relating to factors that could cause actual results to differ from those anticipated is included
but not limited to information under the headings &#147;Business&#148; (including under the subheading
&#147;Business Risk Factors&#148;) in our Form 10-K for the year ended December&nbsp;25, 2004. We disclaim any
intention or obligation to update or revise forward-looking statements, whether as a result of new
information, future events or otherwise.

<DIV align="left">
<A name="105"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>SELLING SHAREHOLDER</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth (a)&nbsp;the name and position or positions with us of the Selling
Shareholder; (b)&nbsp;the number of shares of common stock beneficially owned (as such term is defined
in Rule&nbsp;13d-3 under the Exchange Act) by the Selling Shareholder as of the date of this prospectus;
(c)&nbsp;the number of shares of common stock that the Selling Shareholder may offer for sale from time
to time pursuant to this prospectus, whether or not such Selling Shareholder has a present
intention to do so; and (d)&nbsp;the number of shares of common stock to be beneficially owned by the
Selling Shareholder following the sale of all shares that may be so offered, assuming no other
change in the beneficial ownership of our common stock by the Selling Shareholder after the date of
this prospectus.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Selling Shareholder received the shares offered hereunder through stock grants from us for
the benefit of our United States employees. The trustee of the ESOP does not have voting power
with respect to the shares of common stock.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="62%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD><!-- VRule -->
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>

    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="23" style="border-bottom: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Principal</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Number of</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Beneficially</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Position(s)(1)</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Shares</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Owned After</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>with</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Beneficially</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Offered</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>the</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%" style="border-left: 1px solid #000000">&nbsp;</TD>

    <TD nowrap align="left"><B>Selling Shareholder</B></TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>the Company</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Owned</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>for Resale</B></TD>
    <TD>&nbsp;</TD>
    <TD style="border-right: 1px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2"><B>Resale</B></TD>
    <TD>&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD width="1%" style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
                    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Sun Hydraulics
Corporation 401(k)
And ESOP Retirement
Plan</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD colspan="3" align="center" style="border-top: 1px solid #000000">None</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">100,480</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">10,000</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">90,480</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD width="1%" style="border-left: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000"><DIV style="margin-left:15px; text-indent:-15px">Total</DIV></TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">100,480</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">10,000</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD align="right" style="border-top: 1px solid #000000">90,480</TD>
    <TD style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD width="1%" style="border-right: 1px solid #000000; border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="23" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>

<P align="center" style="font-size: 10pt">- 4 -
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will supplement this prospectus from time to time as required by the rules of the
Commission to include certain information concerning the security ownership of the Selling
Shareholder or any new Selling Shareholder, the number of shares offered for resale and the
position, office or other material relationship which a Selling Shareholder has had within the past
three years with us or any of our affiliates.

<DIV align="left">
<A name="106"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>USE OF PROCEEDS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will not receive any proceeds from the sale of the shares by the Selling Shareholder.

<DIV align="left">
<A name="107"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>PLAN OF DISTRIBUTION</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are registering the shares on behalf of the Selling Shareholder. All costs, expenses and
fees in connection with the registration of the shares offered hereby will be borne by us.
Brokerage commissions and similar selling expenses, if any, attributable to the sale of shares will
be borne by the Selling Shareholder.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The purpose of the prospectus is to permit the Selling Shareholder, if it desires, to offer
for sale and sell shares it acquired under stock grants from us for the benefit of our United
States employees at such times and at such places as the Selling Shareholder chooses in connection
with its administration of the Sun Hydraulics Corporation 401(k) And ESOP Retirement Plan.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The decision to sell any shares is within the discretion of the Selling Shareholder, subject
generally to our policies affecting the timing and manner of sale of common stock by our
affiliates. There can be no assurance that any of the shares will be sold by the Selling
Shareholder.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Selling Shareholder has advised us that any sales of shares will be effected in customary
brokerage transactions at market prices prevailing at the time of sale. The Selling Shareholder
has advised us that it has not entered into any agreements, understandings or arrangements with any
underwriters or broker-dealers regarding the sale of the shares, nor is there an underwriter or
coordinating broker acting in connection with the proposed sale of the shares by the Selling
Shareholder.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Selling Shareholder will sell shares to or through broker-dealers, which may act as agents
or principals. Such broker-dealers may receive compensation in the form of discounts, concessions,
or commissions from the Selling Shareholder and/or the purchasers of shares for whom such
broker-dealers may act as agents or to whom they sell as principal, or both (which compensation as
to a particular broker-dealer might be in excess of customary commissions).


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Selling Shareholder and any broker-dealers that act in connection with the sale of shares
might be deemed to be &#147;underwriters&#148; within the meaning of Section&nbsp;2(11) of the Securities Act, and
any commissions received by such broker-dealers and any profit on the resale of the shares sold by
them while acting as principals might be deemed to be underwriting discounts or commissions under
the Securities Act. The Selling Shareholder may agree to indemnify any agent, dealer or
broker-dealer that participates in transactions involving sales of the shares against certain
liabilities including liabilities arising under the Securities Act.


<P align="center" style="font-size: 10pt">- 5 -
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because the Selling Shareholder may be deemed to be an &#147;underwriter&#148; within the meaning of
Section&nbsp;2(11) of the Securities Act, the Selling Shareholder will be subject to the prospectus
delivery requirements of the Securities Act, which may include delivery through the facilities of
the Nasdaq Stock Market pursuant to Rule&nbsp;153 under the Securities Act.

<DIV align="left">
<A name="108"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>EXPERTS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our consolidated financial statements for the year ended December&nbsp;25, 2004, appearing in our
Annual Report on Form 10-K for the year ended December&nbsp;25, 2004, have been audited by Grant
Thornton LLP, an independent registered public accounting firm, as set forth in their report
thereon included therein and incorporated herein by reference. Such financial statements are, and
audited financial statements to be included in subsequently filed documents will be, incorporated
herein in reliance upon the report of Grant Thornton LLP pertaining to such financial statements
(to the extent covered by consents filed with the Securities and Exchange Commission) given on the
authority of such firm as experts in accounting and auditing.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our consolidated balance sheet for the year ended December&nbsp;27, 2003, and the related
consolidated statements of operations, shareholders&#146; equity and comprehensive income, and of cash
flows for each of the two years in the period ended December&nbsp;27, 2003, appearing in our Annual
Report on Form 10-K for the year ended December&nbsp;25, 2004, have been audited by
PricewaterhouseCoopers LLP, an independent registered public accounting firm, as set forth in their
report thereon included therein and incorporated herein by reference. Such financial statements
are incorporated herein in reliance upon the report of PricewaterhouseCoopers LLP pertaining to
such financial statements (to the extent covered by consents filed with the Securities and Exchange
Commission) given on the authority of such firm as experts in accounting and auditing.


<P align="center" style="font-size: 10pt">- 6 -
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="left" style="font-size: 10pt">NO DEALER, SALESMAN OR ANY
OTHER PERSON HAS BEEN AUTHORIZED
TO GIVE ANY INFORMATION OR TO
MAKE ANY REPRESENTATIONS OTHER
THAN THOSE CONTAINED IN THIS
PROSPECTUS, AND, IF GIVEN OR
MADE, SUCH INFORMATION OR
REPRESENTATIONS MUST NOT BE
RELIED UPON AS HAVING BEEN
AUTHORIZED BY US OR ANY
SELLING SHAREHOLDER. NEITHER
THE DELIVERY OF THIS PROSPECTUS
NOR ANY SALE MADE HEREUNDER
SHALL, UNDER ANY CIRCUMSTANCES,
IMPLY THAT THERE HAS BEEN NO
CHANGE IN OUR AFFAIRS
OR THAT THE INFORMATION
HEREIN IS CORRECT AS OF ANY TIME
SUBSEQUENT TO THE DATE AS OF
WHICH SUCH INFORMATION IS
GIVEN. THIS PROSPECTUS DOES NOT
CONSTITUTE AN OFFER TO SELL OR
THE SOLICITATION OF ANY OFFER TO
BUY ANY OF THE SECURITIES
OFFERED HEREBY TO ANYONE IN ANY
JURISDICTION IN WHICH SUCH OFFER
OR SOLICITATION IS NOT
AUTHORIZED OR IN WHICH THE
PERSON MAKING SUCH OFFER OR
SOLICITATION IS NOT QUALIFIED TO
DO SO OR TO ANYONE TO WHOM IT IS
UNLAWFUL TO MAKE SUCH OFFER OR
SOLICITATION.



<P align="center" style="font-size: 10pt">PROSPECTUS



<P align="center" style="font-size: 10pt">10,000 SHARES



<P align="center" style="font-size: 10pt">Sun Hydraulics Corporation



<P align="center" style="font-size: 10pt">COMMON STOCK



<P align="center" style="font-size: 10pt">April&nbsp;19, 2005


<DIV align="left">
<!-- TOC -->
</DIV>
<DIV align="left">
<A name="tocpage"></A>
</DIV>

<P align="center" style="font-size: 10pt">TABLE OF CONTENTS


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="90%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="2" style="border-bottom: 1px solid #000000">Page</TD>
    <TD>&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#101">Our Business</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#102">Available Information</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">2</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#103">Incorporation of Certain Documents by Reference</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#104">Private Securities Litigation Reform Act Safe Harbor Statement</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#105">Selling Shareholder</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">4</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#106">Use of Proceeds</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#107">Plan of Distribution</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">5</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#108">Experts</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="g94602exv23w1.htm">Ex-23.1 Grant Thornton Consent</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="g94602exv23w2.htm">Ex-23.2 PWC Consent</A></FONT></TD></TR>
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">- 7 -
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left">
<!-- /TOC -->
</DIV>

<P align="center" style="font-size: 10pt"><B>PART I</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="center" style="font-size: 10pt"><B>PART II</B>



<P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>



<P align="left" style="font-size: 10pt"><B>Item&nbsp;3. Incorporation of Documents by Reference.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents filed by the registrant (Exchange Act File No.&nbsp;000-21835) with the
Securities and Exchange Commission are incorporated herein by reference and made a part hereof:



<P align="left" style="margin-left:3%; font-size: 10pt">(a)&nbsp;The registrant&#146;s most recent annual report on Form 10-K, or, if the financial
statements therein are more current, the registrant&#146;s most recent prospectus, other
than the prospectus of which this document is a part, filed pursuant to rule 424(b) of
the Commission under the Securities Act of 1933.



<P align="left" style="margin-left:3%; font-size: 10pt">(b)&nbsp;All other reports filed by the registrant pursuant to sections 13(a) or 15(d) of
the Securities Exchange Act of 1934 since the end of the fiscal year covered by the
annual report or the prospectus referred to in (a)&nbsp;above.



<P align="left" style="margin-left:3%; font-size: 10pt">(c)&nbsp;The description of the registrant&#146;s common stock which is contained in the
registrant&#146;s registration statement filed under Section&nbsp;12 of the Securities Exchange
Act of 1934, including any amendment or reports filed for the purpose of updating such
description.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by the registrant with the Commission pursuant to Sections
13(a), 13(c), 14, and 15(d) of the Exchange Act after the date of this Registration Statement, but
prior to the filing of a post-effective amendment to this Registration Statement which indicates
that all securities offered by this Registration Statement have been sold or which deregisters all
such securities then remaining unsold, shall be deemed to be incorporated by reference into this
Registration Statement. Each document incorporated by reference into this Registration Statement
shall be deemed to be a part of this Registration Statement from the date of the filing of such
document with the Commission until the information contained therein is superseded or updated by
any subsequently filed document which is incorporated by reference into this Registration
Statement.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;4. Description of Securities.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;5. Interests of Named Experts and Counsel.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.


<P align="center" style="font-size: 10pt">II-1



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<P align="left" style="font-size: 10pt"><B>Item&nbsp;6. Indemnification of Directors and Officers.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Florida Business Corporation Act (&#147;FBCA&#148;) provides that directors of a corporation will
not be liable to the corporation or any other person for monetary damages in connection with any
statement, vote, decision or failure to act, regarding corporate management or policy, by the
director, except in certain limited situations. The effect of this provision is to eliminate the
rights of the registrant and its shareholders (through shareholders&#146; derivative suits on behalf of
the registrant) to recover monetary damages against a director for breach of the fiduciary duty of
care as a director (including breaches resulting from negligent behavior) except in certain limited
situations. This provision does not limit or eliminate the rights of the registrant or any
shareholder to seek non-monetary relief such as an injunction or rescission in the event of a
breach of a director&#146;s duty of care. These provisions will not alter the liability of directors
under federal securities laws.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Articles of Incorporation of the registrant (the &#147;Articles&#148;) provide that the registrant
shall indemnify its directors, officers, employees and agents to the maximum extent and under all
circumstances permitted by the FBCA. The registrant believes that these provisions will assist the
registrant in attracting and retaining qualified individuals to serve as directors and officers.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the registrant has entered into Indemnity Agreements with its directors and
executive officers providing for indemnification to the fullest extent permitted by law. The
Indemnity Agreements also establish the presumption that the director or executive officer has met
the applicable standard of conduct required for indemnification. The agreements provide for
litigation expenses to be advanced to a director or executive officer at his or her request
provided that he or she undertakes to repay the amount advanced if it is ultimately determined that
he or she is not entitled to indemnification for such expenses. The Indemnity Agreements&#146;
indemnification provisions applicable to a derivative suit provide for indemnification for amounts
paid in settlement and partial indemnification in the event that a director or executive officer is
not entitled to full indemnification.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant has purchased directors&#146; and officers&#146; liability insurance policies which
insure against certain liabilities incurred by its directors and officers.


<P align="left" style="font-size: 10pt"><B>Item&nbsp;7. Exemption from Registration Claimed.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp; Not applicable.



<P align="left" style="font-size: 10pt"><B>Item&nbsp;8. Exhibits.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp; See the Index to Exhibits attached hereto.



<P align="left" style="font-size: 10pt"><B>Item&nbsp;9. Undertakings.</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;The undersigned registrant hereby undertakes:



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act
of 1933 (the &#147;Securities Act&#148;);


<P align="center" style="font-size: 10pt">II-2
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective
date of the registration statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in
the information set forth in the registration statement;



<P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material
change to such information in the registration statement;



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>provided</U>, <U>however</U>, that paragraphs (1)(a)(i) and (1)(a)(ii) do not apply
if the information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed by the registrant pursuant to Section&nbsp;13 or Section
15(d) of the Securities Exchange Act of 1934 (the &#147;Exchange Act&#148;) that are incorporated by
reference in the registration statement.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) That, for purposes of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial bona fide offering thereof.



<P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To remove from registration by means of post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;The undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the registrant&#146;s annual report pursuant to
Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee
benefit plan&#146;s annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
reference in the registration statement shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial <U>bona</U> <U>fide</U> offering thereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;The undersigned registrant hereby undertakes to deliver or cause to be delivered with the
prospectus, to each person to whom the prospectus is sent or given, the latest annual report to
security holders that is incorporated by reference in the prospectus and furnished pursuant to and
meeting the requirements of Rule&nbsp;14a-3 or Rule&nbsp;14c-3 under the Exchange Act; and, where interim
financial information required to be presented by Article&nbsp;3 of Regulation&nbsp;S-X is not set forth in
the prospectus, to deliver, or cause to be delivered to each person to whom the prospectus is sent
or given, the latest quarterly report that is specifically incorporated by reference in the
prospectus to provide such interim financial information.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses incurred or paid by
a director, officer or controlling person of the registrant in the successful defense of any
action, suit or proceeding,) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.


<P align="center" style="font-size: 10pt">II-3
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left">
<A name="109"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>SIGNATURES</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Sarasota, State of Florida, on this
18<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> day of April, 2005.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>SUN HYDRAULICS CORPORATION</B></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Allen J. Carlson</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allen J. Carlson</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President and Chief Executive Officer</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Richard J. Dobbyn</TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Richard J. Dobbyn</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>



<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below hereby constitutes and appoints Allen J. Carlson and
Richard J. Dobbyn, and each of them acting without the other, his true and lawful attorney-in-fact
and agent, for him and in his name, place and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments) to this Registration Statement, and to file the
same with all exhibits thereto, and other documents in connection therewith, with the Securities
and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to
do and perform each and every act and thing requisite and necessary to be done, as fully to all

intents and purposes as he might or could do in person, hereby ratifying and confirming all that
said attorney-in-fact and agent may lawfully do or cause to be done by virtue hereof.


<P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement has been signed by the following persons in the capacities indicated on this
18<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> day of April, 2005.

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Clyde G. Nixon</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chairman of the Board of Directors</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Clyde G. Nixon</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Marc Bertoneche</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Marc Bertoneche</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ John S. Kahler</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">John S. Kahler</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Christine L. Koski</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Christine L. Koski</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">II-4
</DIV>

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<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="48%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Robert E. Koski</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Robert E. Koski</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Ferdinand E. Megerlin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Ferdinand E. Megerlin</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ Hirokatsu Sakamoto</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Hirokatsu Sakamoto</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ David N. Wormley</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><HR size="1" noshade color="#000000">
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">David N. Wormley</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">II-5
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left">
<A name="110"></A>
</DIV>

<P align="center" style="font-size: 10pt"><B>INDEX TO EXHIBITS</B>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Number</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Sun Hydraulics Corporation 401(K) And ESOP Retirement Plan
(incorporated by reference to Exhibit&nbsp;99.1 to the registrant&#146;s
Form&nbsp;8-K dated January&nbsp;10, 2005, filed with the Commission on
January&nbsp;14, 2005).</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Grant Thornton LLP.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of PricewaterhouseCoopers LLP.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">24
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Power of Attorney (included on the signature page).</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt">II-6
</DIV>

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Sun Hydrualics Corporation
Table of Contents
As filed with the Securities and Exchange Commission on April 19, 2005
Registration No. 333-_____
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
SUN HYDRAULICS CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Florida
59-2754337
(State of Incorporation)
(I.R.S. Employer
Identification No.)
1500 West University Parkway, Sarasota, Florida 34243
(Address of Principal Executive Offices)
SUN HYDRAULICS CORPORATION 401(k) AND ESOP RETIREMENT PLAN
(Full Title of the Plan)
Allen J. Carlson
President and Chief Executive Officer
1500 West University Parkway
Sarasota, Florida 34243
(941) 362-1200
(Name, address and telephone number, including area code, of agent for service)
Copy to:
Gregory C. Yadley, Esquire
Shumaker, Loop & Kendrick, LLP
101 E. Kennedy Blvd, Suite 2800
Tampa, FL 33602
Telephone: (813) 229-7600
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Amount
Maximum
Maximum
Amount of
Title of Securities
to be
Offering Price
Aggregate
Registration
to be Registered
Registered(1)
Per Share(2)
Offering Price
Fee
Common Stock, par value
$.001 per share
10,000
$
24.05
$
240,500
$
29
(1)
This registration statement registers resales of 10,000 shares of common stock which
may be offered and sold from time to time by certain shareholders of the Registrant.
Pursuant to Rule 416 under the Securities Act of 1933, as amended, this registration
statement shall also cover additional shares of common stock which may become issuable
to such shareholder by reason of any stock split, stock dividend, recapitalization or
other similar transactions effected without consideration which results in an increase
in the number of the Registrant's shares of outstanding common stock.
(2)
Estimated solely for the purpose of calculating the registration fee. Pursuant to
Rule 457(c), the fee is calculated on the basis of the average of the high and low
prices for the Registrant's common stock as reported through the Nasdaq National
Market System on April 15, 2005.
Table of Contents
REOFFER PROSPECTUS
SUN HYDRAULICS CORPORATION
10,000 Shares of Common Stock
This prospectus relates to shares of our common stock, par value $.001 per share, which
may be offered and sold from time to time by The Charles Schwab Trust Company, acting as trustee of
the Sun Hydraulics Corporation 401(k) And ESOP Retirement Plan (the "Selling Shareholder"). The
Selling Shareholder received the shares through stock grants from us for the benefit of our United
States employees. Our common stock is listed for trading on the Nasdaq Stock Market's National
Market System under the symbol "SNHY." On April 15, 2005, the closing price of the common stock,
as reported in the National Market System, was $23.24 per share.
We will not receive any of the proceeds from sales of the shares by the Selling Shareholder.
The shares may be offered from time to time by the Selling Shareholder through ordinary brokerage
transactions, at market prices prevailing at the time of sale. See "Plan of Distribution." All
costs, expenses and fees in connection with the registration of the shares will be borne by us.
Brokerage commissions and similar selling expenses, if any, attributable to the offer or sale of
the shares will be borne by the Selling Shareholder.
The Selling Shareholder and any broker executing sell orders on behalf of the Selling
Shareholder may be deemed to be an "underwriter" as defined in the Securities Act of 1933, as
amended (the "Securities Act"). If any broker-dealers are used to effect sales, any commissions
paid to broker-dealers and, if broker-dealers purchase any of the shares as principals, any profits
received by such broker-dealers on the resale of the shares, may be deemed to be underwriting
discounts or commissions under the Securities Act. In addition, any profits realized by the
Selling Shareholder may be deemed to be underwriting commissions.
THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION OR
ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES AND EXCHANGE COMMISSION OR ANY STATE
SECURITIES COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THIS PROSPECTUS. ANY REPRESENTATION
TO THE CONTRARY IS A CRIMINAL OFFENSE.
The date of this prospectus is April 19, 2005
OUR BUSINESS
We are a leading designer and manufacturer of high-performance screw-in hydraulic cartridge
valves and manifolds, which control force, speed, and motion as integral components in fluid power
systems. The innovative floating construction of our screw-in cartridge valves and the design of
the cavities in which they are installed provide demonstrable performance and reliability
advantages compared to other available screw-in
Table of Contents
cartridge valves. We design and manufacture one of
the most comprehensive lines of screw-in hydraulic
cartridge valves and manifolds in the world. We have generated a profit every year since 1972 and
have paid a dividend every quarter since our public offering in 1997. We believe that our success
is primarily a result of our innovative product design, consistent high quality, superior product
performance and the breadth of the markets we serve.
We sell our products primarily through a global network of independent fluid power
distributors to a diverse universe of end users, for use in various "mobile" applications, such as
construction, agricultural and utility equipment, and a broad array of "industrial" applications,
such as machine tools and material handling equipment. While many of our end users are subject to
cyclical demand for their products, we mitigate this exposure through the wide variety of
applications and industries we serve.
We were organized as a Florida corporation in 1986 to take over the operations of the business
of our predecessor, Suninco, Inc. (f/k/a Sun Hydraulics Corporation). Suninco, Inc. was founded in
1970 by Robert E. Koski for the specific purpose of developing and promoting screw-in cartridge
valve technology. Our executive offices are located at 1500 West University Parkway, Sarasota,
Florida 34243, and our telephone number is (941) 362-1200.
AVAILABLE INFORMATION
We are subject to the information requirements of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), and, in accordance therewith, files reports, proxy statements and
other information with the Securities and Exchange Commission (the "Commission"). The reports,
proxy statements and other information filed by us with the Commission can be inspected and copied
at the Public Reference Room of the Commission at 450 Fifth Street, N.W., Washington, D.C. 20549.
Copies of such material also may be obtained by mail from the Public Reference Room of the
Commission, 450 Fifth Street, N.W., Washington, D.C. 20549, at prescribed rates. Information
regarding the operation of the Public Reference Room may be obtained by calling the Commission at
1-800-SEC-0330. Additionally, the Commission maintains an Internet site that contains reports,
proxy and information statements and other information regarding registrants that file
electronically with the Commission and that is located at http://www.sec.gov.
This prospectus constitutes part of a registration statement on Form S-8 filed on the date
hereof (herein, together with all amendments and exhibits, referred to as the "registration
statement") by us with the Commission under the Securities Act. This prospectus does not contain
all of the information set forth in the registration statement, certain parts of which are omitted
in accordance with the rules and regulations of the Commission. For further information about us
and the common stock, reference is hereby made to the registration statement. Statements contained
herein concerning the provisions of any contract, agreement or other document are not necessarily
complete, and in each instance reference is made to the copy of such contract, agreement or other
document filed as an exhibit to the registration statement or otherwise filed with the Commission.
Each such statement is qualified in its entirety by such reference. Copies of the registration
statement together with exhibits may be inspected at the offices of the Commission as indicated
above without charge and copies thereof may be obtained therefrom upon payment of a prescribed fee.
No person is authorized to give any information or to make any representations, other than
those contained in this prospectus, in connection with the offering described herein, and, if given
or made, such information or representations must not be relied upon as having been authorized by
us or the Selling Shareholder. This prospectus does not constitute an offer to sell, or a
solicitation of an offer to buy, nor shall there by any sale of these securities by any person in
any jurisdiction in which it is unlawful for such person to
- 2 -
Table of Contents
make such offer, solicitation or sale.
Neither the delivery of this prospectus nor any sale made hereunder shall
under any circumstances create an implication that the information contained herein is correct as
of any time subsequent to the date of this prospectus.
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The following documents filed with the Commission are hereby incorporated in this prospectus
by reference:
(a) Our Annual Report on Form 10-K for the year ended December 25, 2004;
(b) Our Current Reports on Form 8-K filed January 14, 2005, January 20, 2005, February 10,
2005, March 2, 2005, and March 8, 2005; and
(c) The description of our common stock included in the registration statement on Form S-1
(File No. 333-14183) (incorporated by reference into our Securities Exchange Act Registration
Statement on Form 8-A, filed December 6, 1996), and any amendment or report filed for the
purpose of updating such description.
All reports and other documents subsequently filed by us pursuant to Sections 13(a), 13(c), 14
and 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this
registration statement which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold shall be deemed to be incorporated by reference in
this registration statement and to be a part hereof from their respective dates of filing.
Any statement contained herein or in a document incorporated or deemed to be incorporated by
reference herein shall be deemed to be modified or superseded for purposes of this prospectus to
the extent that a statement contained herein or in any other subsequently filed document which also
is or is deemed to be incorporated by reference herein modifies or supersedes such earlier
statement. Any statement so modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this prospectus.
The information relating to us contained in this prospectus should be read together with the
information in the documents incorporated by reference.
This prospectus incorporates by reference documents which are not presented herein or
delivered herewith. Such documents (other than exhibits to such documents unless such exhibits are
specifically incorporated by reference) are available without charge to any person to whom this
prospectus is delivered, upon written or oral request. Requests for such documents should be
directed to Richard K. Arter, Sun Hydraulics Corporation, 1500 West University Parkway, Sarasota,
Florida 34243, telephone: (941) 362-1200.
PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOR STATEMENT
Certain oral statements made by management from time to time and certain statements contained
in our reports filed with the Commission that are not historical facts are "forward-looking
statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and, because
such statements involve risks and uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. Forward-looking statements, including
those in Management's Discussion and Analysis of
- 3 -
Table of Contents
Financial Condition and Results of Operations, are
statements regarding our intent, belief or current
expectations, estimates or projections about our business and the industry in which we operate, and
assumptions made by us, and include among other items, (i) our strategies regarding growth,
including our intention to develop new products; (ii) our financing plans; (iii) trends affecting
our financial condition or results of operations; (iv) our ability to continue to control costs and
to meet our liquidity and other financing needs; (v) the declaration and payment of dividends; and
(vi) our ability to respond to changes in customer demand domestically and internationally,
including as a result of standardization. Although we believe that our expectations are based on
reasonable assumptions, we can give no assurance that the anticipated results will occur.
Important factors that could cause the actual results to differ materially from those in the
forward-looking statements include, among other items, (i) the economic cyclicality of the capital
goods industry in general and the hydraulic valve and manifold industry in particular, which
directly affect customer orders, lead times and sales volume; (ii) conditions in the capital
markets, including the interest rate environment and the availability of capital; (iii) changes in
the competitive marketplace that could affect our revenue and/or cost bases, such as increased
competition, lack of qualified engineering, marketing, management or other personnel, and increased
labor and raw materials costs; (iv) changes in technology or customer requirements, such as
standardization of the cavity into which screw-in cartridge valves must fit, which could render our
products or technologies noncompetitive or obsolete; (v) new product introductions, product sales
mix and the geographic mix of sales nationally and internationally; and (vi) changes relating to
our international sales, including changes in regulatory requirements or tariffs, trade or currency
restrictions, fluctuations in exchange rates, and tax and collection issues. Further information
relating to factors that could cause actual results to differ from those anticipated is included
but not limited to information under the headings "Business" (including under the subheading
"Business Risk Factors") in our Form 10-K for the year ended December 25, 2004. We disclaim any
intention or obligation to update or revise forward-looking statements, whether as a result of new
information, future events or otherwise.
SELLING SHAREHOLDER
The following table sets forth (a) the name and position or positions with us of the Selling
Shareholder; (b) the number of shares of common stock beneficially owned (as such term is defined
in Rule 13d-3 under the Exchange Act) by the Selling Shareholder as of the date of this prospectus;
(c) the number of shares of common stock that the Selling Shareholder may offer for sale from time
to time pursuant to this prospectus, whether or not such Selling Shareholder has a present
intention to do so; and (d) the number of shares of common stock to be beneficially owned by the
Selling Shareholder following the sale of all shares that may be so offered, assuming no other
change in the beneficial ownership of our common stock by the Selling Shareholder after the date of
this prospectus.
The Selling Shareholder received the shares offered hereunder through stock grants from us for
the benefit of our United States employees. The trustee of the ESOP does not have voting power
with respect to the shares of common stock.
Shares
Principal
Number of
Beneficially
Position(s)(1)
Shares
Shares
Owned After
with
Beneficially
Offered
the
Selling Shareholder
the Company
Owned
for Resale
Resale
Sun Hydraulics
Corporation 401(k)
And ESOP Retirement
Plan
None
100,480
10,000
90,480
Total
100,480
10,000
90,480
- 4 -
Table of Contents
We will supplement this prospectus from time to time as required by the rules of the
Commission to include certain information concerning the security ownership of the Selling
Shareholder or any new Selling Shareholder, the number of shares offered for resale and the
position, office or other material relationship which a Selling Shareholder has had within the past
three years with us or any of our affiliates.
USE OF PROCEEDS
We will not receive any proceeds from the sale of the shares by the Selling Shareholder.
PLAN OF DISTRIBUTION
We are registering the shares on behalf of the Selling Shareholder. All costs, expenses and
fees in connection with the registration of the shares offered hereby will be borne by us.
Brokerage commissions and similar selling expenses, if any, attributable to the sale of shares will
be borne by the Selling Shareholder.
The purpose of the prospectus is to permit the Selling Shareholder, if it desires, to offer
for sale and sell shares it acquired under stock grants from us for the benefit of our United
States employees at such times and at such places as the Selling Shareholder chooses in connection
with its administration of the Sun Hydraulics Corporation 401(k) And ESOP Retirement Plan.
The decision to sell any shares is within the discretion of the Selling Shareholder, subject
generally to our policies affecting the timing and manner of sale of common stock by our
affiliates. There can be no assurance that any of the shares will be sold by the Selling
Shareholder.
The Selling Shareholder has advised us that any sales of shares will be effected in customary
brokerage transactions at market prices prevailing at the time of sale. The Selling Shareholder
has advised us that it has not entered into any agreements, understandings or arrangements with any
underwriters or broker-dealers regarding the sale of the shares, nor is there an underwriter or
coordinating broker acting in connection with the proposed sale of the shares by the Selling
Shareholder.
The Selling Shareholder will sell shares to or through broker-dealers, which may act as agents
or principals. Such broker-dealers may receive compensation in the form of discounts, concessions,
or commissions from the Selling Shareholder and/or the purchasers of shares for whom such
broker-dealers may act as agents or to whom they sell as principal, or both (which compensation as
to a particular broker-dealer might be in excess of customary commissions).
The Selling Shareholder and any broker-dealers that act in connection with the sale of shares
might be deemed to be "underwriters" within the meaning of Section 2(11) of the Securities Act, and
any commissions received by such broker-dealers and any profit on the resale of the shares sold by
them while acting as principals might be deemed to be underwriting discounts or commissions under
the Securities Act. The Selling Shareholder may agree to indemnify any agent, dealer or
broker-dealer that participates in transactions involving sales of the shares against certain
liabilities including liabilities arising under the Securities Act.
- 5 -
Table of Contents
Because the Selling Shareholder may be deemed to be an "underwriter" within the meaning of
Section 2(11) of the Securities Act, the Selling Shareholder will be subject to the prospectus
delivery requirements of the Securities Act, which may include delivery through the facilities of
the Nasdaq Stock Market pursuant to Rule 153 under the Securities Act.
EXPERTS
Our consolidated financial statements for the year ended December 25, 2004, appearing in our
Annual Report on Form 10-K for the year ended December 25, 2004, have been audited by Grant
Thornton LLP, an independent registered public accounting firm, as set forth in their report
thereon included therein and incorporated herein by reference. Such financial statements are, and
audited financial statements to be included in subsequently filed documents will be, incorporated
herein in reliance upon the report of Grant Thornton LLP pertaining to such financial statements
(to the extent covered by consents filed with the Securities and Exchange Commission) given on the
authority of such firm as experts in accounting and auditing.
Our consolidated balance sheet for the year ended December 27, 2003, and the related
consolidated statements of operations, shareholders' equity and comprehensive income, and of cash
flows for each of the two years in the period ended December 27, 2003, appearing in our Annual
Report on Form 10-K for the year ended December 25, 2004, have been audited by
PricewaterhouseCoopers LLP, an independent registered public accounting firm, as set forth in their
report thereon included therein and incorporated herein by reference. Such financial statements
are incorporated herein in reliance upon the report of PricewaterhouseCoopers LLP pertaining to
such financial statements (to the extent covered by consents filed with the Securities and Exchange
Commission) given on the authority of such firm as experts in accounting and auditing.
- 6 -
Table of Contents
NO DEALER, SALESMAN OR ANY
OTHER PERSON HAS BEEN AUTHORIZED
TO GIVE ANY INFORMATION OR TO
MAKE ANY REPRESENTATIONS OTHER
THAN THOSE CONTAINED IN THIS
PROSPECTUS, AND, IF GIVEN OR
MADE, SUCH INFORMATION OR
REPRESENTATIONS MUST NOT BE
RELIED UPON AS HAVING BEEN
AUTHORIZED BY US OR ANY
SELLING SHAREHOLDER. NEITHER
THE DELIVERY OF THIS PROSPECTUS
NOR ANY SALE MADE HEREUNDER
SHALL, UNDER ANY CIRCUMSTANCES,
IMPLY THAT THERE HAS BEEN NO
CHANGE IN OUR AFFAIRS
OR THAT THE INFORMATION
HEREIN IS CORRECT AS OF ANY TIME
SUBSEQUENT TO THE DATE AS OF
WHICH SUCH INFORMATION IS
GIVEN. THIS PROSPECTUS DOES NOT
CONSTITUTE AN OFFER TO SELL OR
THE SOLICITATION OF ANY OFFER TO
BUY ANY OF THE SECURITIES
OFFERED HEREBY TO ANYONE IN ANY
JURISDICTION IN WHICH SUCH OFFER
OR SOLICITATION IS NOT
AUTHORIZED OR IN WHICH THE
PERSON MAKING SUCH OFFER OR
SOLICITATION IS NOT QUALIFIED TO
DO SO OR TO ANYONE TO WHOM IT IS
UNLAWFUL TO MAKE SUCH OFFER OR
SOLICITATION.
PROSPECTUS
10,000 SHARES
Sun Hydraulics Corporation
COMMON STOCK
April 19, 2005
TABLE OF CONTENTS
Page
Our Business
2
Available Information
2
Incorporation of Certain Documents by Reference
3
Private Securities Litigation Reform Act Safe Harbor Statement
4
Selling Shareholder
4
Use of Proceeds
5
Plan of Distribution
5
Experts
6
Ex-23.1 Grant Thornton Consent
Ex-23.2 PWC Consent
- 7 -
Table of Contents
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Not applicable.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents filed by the registrant (Exchange Act File No. 000-21835) with the
Securities and Exchange Commission are incorporated herein by reference and made a part hereof:
(a) The registrant's most recent annual report on Form 10-K, or, if the financial
statements therein are more current, the registrant's most recent prospectus, other
than the prospectus of which this document is a part, filed pursuant to rule 424(b) of
the Commission under the Securities Act of 1933.
(b) All other reports filed by the registrant pursuant to sections 13(a) or 15(d) of
the Securities Exchange Act of 1934 since the end of the fiscal year covered by the
annual report or the prospectus referred to in (a) above.
(c) The description of the registrant's common stock which is contained in the
registrant's registration statement filed under Section 12 of the Securities Exchange
Act of 1934, including any amendment or reports filed for the purpose of updating such
description.
All documents subsequently filed by the registrant with the Commission pursuant to Sections
13(a), 13(c), 14, and 15(d) of the Exchange Act after the date of this Registration Statement, but
prior to the filing of a post-effective amendment to this Registration Statement which indicates
that all securities offered by this Registration Statement have been sold or which deregisters all
such securities then remaining unsold, shall be deemed to be incorporated by reference into this
Registration Statement. Each document incorporated by reference into this Registration Statement
shall be deemed to be a part of this Registration Statement from the date of the filing of such
document with the Commission until the information contained therein is superseded or updated by
any subsequently filed document which is incorporated by reference into this Registration
Statement.
Item 4. Description of Securities.
Not applicable.
Item 5. Interests of Named Experts and Counsel.
Not applicable.
II-1
Table of Contents
Item 6. Indemnification of Directors and Officers.
The Florida Business Corporation Act ("FBCA") provides that directors of a corporation will
not be liable to the corporation or any other person for monetary damages in connection with any
statement, vote, decision or failure to act, regarding corporate management or policy, by the
director, except in certain limited situations. The effect of this provision is to eliminate the
rights of the registrant and its shareholders (through shareholders' derivative suits on behalf of
the registrant) to recover monetary damages against a director for breach of the fiduciary duty of
care as a director (including breaches resulting from negligent behavior) except in certain limited
situations. This provision does not limit or eliminate the rights of the registrant or any
shareholder to seek non-monetary relief such as an injunction or rescission in the event of a
breach of a director's duty of care. These provisions will not alter the liability of directors
under federal securities laws.
The Articles of Incorporation of the registrant (the "Articles") provide that the registrant
shall indemnify its directors, officers, employees and agents to the maximum extent and under all
circumstances permitted by the FBCA. The registrant believes that these provisions will assist the
registrant in attracting and retaining qualified individuals to serve as directors and officers.
In addition, the registrant has entered into Indemnity Agreements with its directors and
executive officers providing for indemnification to the fullest extent permitted by law. The
Indemnity Agreements also establish the presumption that the director or executive officer has met
the applicable standard of conduct required for indemnification. The agreements provide for
litigation expenses to be advanced to a director or executive officer at his or her request
provided that he or she undertakes to repay the amount advanced if it is ultimately determined that
he or she is not entitled to indemnification for such expenses. The Indemnity Agreements'
indemnification provisions applicable to a derivative suit provide for indemnification for amounts
paid in settlement and partial indemnification in the event that a director or executive officer is
not entitled to full indemnification.
The registrant has purchased directors' and officers' liability insurance policies which
insure against certain liabilities incurred by its directors and officers.
Item 7. Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
See the Index to Exhibits attached hereto.
Item 9. Undertakings.
1. The undersigned registrant hereby undertakes:
(a) To file, during any period in which offers or sales are being made, a post-effective
amendment to this registration statement:
(i) To include any prospectus required by Section 10(a)(3) of the Securities Act
of 1933 (the "Securities Act");
II-2
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(ii) To reflect in the prospectus any facts or events arising after the effective
date of the registration statement (or the most recent post-effective amendment
thereof) which, individually or in the aggregate, represent a fundamental change in
the information set forth in the registration statement;
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any material
change to such information in the registration statement;
provided
,
however
, that paragraphs (1)(a)(i) and (1)(a)(ii) do not apply
if the information required to be included in a post-effective amendment by those paragraphs
is contained in periodic reports filed by the registrant pursuant to Section 13 or Section
15(d) of the Securities Exchange Act of 1934 (the "Exchange Act") that are incorporated by
reference in the registration statement.
(b) That, for purposes of determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial bona fide offering thereof.
(c) To remove from registration by means of post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.
2. The undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the registrant's annual report pursuant to
Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee
benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by
reference in the registration statement shall be deemed to be a new registration statement relating
to the securities offered therein, and the offering of such securities at that time shall be deemed
to be the initial
bona
fide
offering thereof.
3. The undersigned registrant hereby undertakes to deliver or cause to be delivered with the
prospectus, to each person to whom the prospectus is sent or given, the latest annual report to
security holders that is incorporated by reference in the prospectus and furnished pursuant to and
meeting the requirements of Rule 14a-3 or Rule 14c-3 under the Exchange Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is not set forth in
the prospectus, to deliver, or cause to be delivered to each person to whom the prospectus is sent
or given, the latest quarterly report that is specifically incorporated by reference in the
prospectus to provide such interim financial information.
4. Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses incurred or paid by
a director, officer or controlling person of the registrant in the successful defense of any
action, suit or proceeding,) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in the opinion of its
counsel the matter has been settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against public policy as expressed
in the Securities Act and will be governed by the final adjudication of such issue.
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SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Sarasota, State of Florida, on this
18
th
day of April, 2005.
SUN HYDRAULICS CORPORATION
By:
/s/ Allen J. Carlson
Allen J. Carlson
President and Chief Executive Officer
By:
/s/ Richard J. Dobbyn
Richard J. Dobbyn
Chief Financial Officer
POWER OF ATTORNEY
Each person whose signature appears below hereby constitutes and appoints Allen J. Carlson and
Richard J. Dobbyn, and each of them acting without the other, his true and lawful attorney-in-fact
and agent, for him and in his name, place and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments) to this Registration Statement, and to file the
same with all exhibits thereto, and other documents in connection therewith, with the Securities
and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to
do and perform each and every act and thing requisite and necessary to be done, as fully to all

intents and purposes as he might or could do in person, hereby ratifying and confirming all that
said attorney-in-fact and agent may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration
Statement has been signed by the following persons in the capacities indicated on this
18
th
day of April, 2005.
Signature
Title
/s/ Clyde G. Nixon
Chairman of the Board of Directors
Clyde G. Nixon
/s/ Marc Bertoneche
Director
Marc Bertoneche
/s/ John S. Kahler
Director
John S. Kahler
/s/ Christine L. Koski
Director
Christine L. Koski
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/s/ Robert E. Koski
Director
Robert E. Koski
/s/ Ferdinand E. Megerlin
Director
Ferdinand E. Megerlin
/s/ Hirokatsu Sakamoto
Director
Hirokatsu Sakamoto
/s/ David N. Wormley
Director
David N. Wormley
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INDEX TO EXHIBITS
Exhibit
Number
Description
4
Sun Hydraulics Corporation 401(K) And ESOP Retirement Plan
(incorporated by reference to Exhibit 99.1 to the registrant's
Form 8-K dated January 10, 2005, filed with the Commission on
January 14, 2005).
23.1
Consent of Grant Thornton LLP.
23.2
Consent of PricewaterhouseCoopers LLP.
24
Power of Attorney (included on the signature page).
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