<HTML>
<head><title>S-8</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:Times New Roman; COLOR:#000000; FONT-SIZE:10pt"> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>&nbsp;</p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><font style=BACKGROUND-COLOR:#ffffff><b>As filed with the U.S. Securities and Exchange Commission on January 2, 2013</b></font></p> <p style="MARGIN:0px; FONT-SIZE:6.5pt"><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=right><font style=BACKGROUND-COLOR:#ffffff><b>Registration No. 333-________</b></font></p> <p style="MARGIN:0px; FONT-SIZE:6.5pt"><font style=BACKGROUND-COLOR:#ffffff>&nbsp;</font></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>UNITED STATES</b></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>SECURITIES AND EXCHANGE COMMISSION</b></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>Washington, D.C. 20549</b></p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:16pt" align=center><b>FORM S-8</b></p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</b></p> <p style=MARGIN:0px align=center><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=357 /> </tr><tr> <td width=357 style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:14pt" align=center><b><u>Spindle, Inc.</u></b></p></td></tr> <tr> <td width=357 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Exact name of Registrant as specified in its charter)</p></td></tr></table> <p style=MARGIN:0px><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=251> <td width=42> <td width=256 /> </tr><tr> <td width=251 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b><u>Nevada</u></b></p></td> <td width=42 style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td width=256 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b><u>20-8242820</u></b></p></td></tr> <tr> <td width=251 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><i>(State or other jurisdiction of</i></p></td> <td width=42 style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td width=256 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><i>(IRS Employee Identification No.)</i></p></td></tr> <tr> <td width=251 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><i>incorporation or organization)</i></p></td> <td width=42 style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td width=256 style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><b>18835 North Thompson Peak Parkway</b></p> <p style=MARGIN:0px align=center><b>Scottsdale, Arizona 85255</b></p> <p style=MARGIN:0px align=center><i>&nbsp;(Address, including zip code, of Registrant&#146;s principal executive offices)</i></p> <p style=MARGIN:0px align=center><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=384 /> </tr><tr> <td width=384 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>Spindle, Inc. 2012 Stock Incentive Plan</b></p> <p style=MARGIN:0px align=center><b><u>Agreement with Legal Counsel</u></b></p></td></tr> <tr> <td width=384 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Full title of the plan)</p></td></tr></table> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px align=center><b>William Clark</b></p> <p style=MARGIN:0px align=center><b>President</b></p> <p style=MARGIN:0px align=center><b>Spindle, Inc.</b></p> <p style=MARGIN:0px align=center><b>18835 North Thompson Peak Parkway</b></p> <p style=MARGIN:0px align=center><b>Scottsdale, Arizona 85255</b></p> <p style=MARGIN:0px align=center><b>(480) 335-7351</b></p> <p style=MARGIN:0px align=center><i>(Telephone number, including area code, of agent for service)</i></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><b>COPIES TO:</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><b>Kevin Friedmann, Esq.</b></p> <p style=MARGIN:0px align=center><b>Richardson &amp; Patel, LLP</b></p> <p style=MARGIN:0px align=center><b>750 Third Avenue, 9<sup>th</sup> Floor</b></p> <p style=MARGIN:0px align=center><b>New York, New York 10017</b></p> <p style=MARGIN:0px align=center><b>Phone: (212) 561-5559</b></p> <p style=MARGIN:0px align=center><b>Fax: (917) 591-6898</b></p> <p style=MARGIN:0px align=center><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px">Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or smaller reporting company. See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer&#148; and &#147;smaller reporting company&#148; in Rule 12b-2 of the Exchange Act:</p> <p style=MARGIN:0px><br></p> <table width=100% bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td> <td> <td> <td> <td> <td /> </tr><tr> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px>[ &nbsp;] Large accelerated filer</p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px>[ &nbsp;] Accelerated filer</p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px>[ &nbsp;] Non-accelerated filer</p></td> <td style=MARGIN-TOP:0px valign=bottom> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px>[X] Smaller reporting company</p></td></tr></table> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:12pt" align=center><b>CALCULATION OF REGISTRATION FEE</b></p> <p style=MARGIN:0px><br></p> <table width=100% bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td> <td> <td> <td /> </tr><tr> <td style="BORDER-BOTTOM:#000000 1px solid; BORDER-LEFT:#000000 1px solid; MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid; BORDER-RIGHT:#000000 1px solid" valign=bottom> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Title of Securities to be</b></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>registered</b></p></td> <td style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid; BORDER-RIGHT:#000000 1px solid" valign=bottom> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Amount to be registered (1)</b></p></td> <td style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid; BORDER-RIGHT:#000000 1px solid" valign=bottom> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Proposed maximum offering</b></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>price per share (2)</b></p></td> <td style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid; BORDER-RIGHT:#000000 1px solid" valign=bottom> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Proposed maximum</b></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>aggregate offering price (2)</b></p></td> <td style="BORDER-BOTTOM:#000000 1px solid; MARGIN-TOP:0px; BORDER-TOP:#000000 1px solid; BORDER-RIGHT:#000000 1px solid" valign=bottom> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center><b>Amount of registration fee</b></p></td></tr> <tr> <td style="BORDER-BOTTOM:#000000 1px solid; BORDER-LEFT:#000000 1px solid; BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px; BORDER-RIGHT:#000000 1px solid" valign=top> <p style=MARGIN:0px>Common Stock</p></td> <td style="BORDER-BOTTOM:#000000 1px solid; BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px; BORDER-RIGHT:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>3,076,378</p></td> <td style="BORDER-BOTTOM:#000000 1px solid; BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px; BORDER-RIGHT:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>$1.50</p></td> <td style="BORDER-BOTTOM:#000000 1px solid; BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px; BORDER-RIGHT:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>$4,614,567</p></td> <td style="BORDER-BOTTOM:#000000 1px solid; BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px; BORDER-RIGHT:#000000 1px solid" valign=top> <p style=MARGIN:0px align=center>$629.43</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:9pt">(1) Includes an indeterminate number of additional shares that may be issued to adjust the number of shares issued pursuant to the stock plan described herein as the result of any future stock split, stock dividend or similar adjustment of the Registrant&#146;s outstanding common stock.</p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:9pt">(2) Estimated pursuant to Rule 457(h) solely for purposes of calculating amount of registration fee, based upon the average of the high and low prices reported on December 23, 2012, as reported on the OTC Bulletin Board.</p> <p style=MARGIN:0px><br><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>PART I</b></p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</b></p> <p style=MARGIN:0px align=center><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Information required in Part I of Form S-8 to be contained in a prospectus meeting the requirements of Section 10(a) of the Securities Act is not required to be filed with the Securities and Exchange Commission (the &#147;Commission&#148;) and is omitted from this Registration Statement in accordance with the explanatory note to Part I of Form S-8 and Rule&nbsp;428(b)(1) under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;).</p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>PART II</b></p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center><b>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</b></p> <p style=MARGIN:0px align=center><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Item 3. Incorporation of Documents by Reference.</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">The following documents are hereby incorporated by reference into this registration statement:</p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(a)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">The Registrant's Annual Report on Form 10-K filed with the Commission on March 30, 2012;</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(b)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">The Registrant&#146;s Quarterly Reports on Form 10-Q for each of the quarters ended March 31, 2012, as filed with the Commission on May 15, 2012 as amended on May 16, 2012, June 30, 2012, as filed with the Commission on August 14, 2012, as amended on August 24, 2012, and September 30, 2012, as filed with the Commission on November 14, 2012; and</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(c)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">The Registrant&#146;s Current Reports on Form 8-K filed as filed with the Commission on January 23, 2012, October 12, 2012 and November 1, 2012.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">In addition, all documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act, prior to the filing of a post-effective amendment 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 into this registration statement and to be a part hereof from the date of filing of such documents.</p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Item 4. &nbsp;Description of Securities.</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">The Registrant's authorized capital stock consists of 300,000,000 shares of common stock, having a $0.001 par value per share and 50,000,000 shares of preferred stock, having a $0.001 par value per share.</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">The holders of our common stock:</p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:24px; WIDTH:48px; FONT-FAMILY:Symbol; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">&#183;</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">Have equal ratable rights to dividends from funds legally available therefor, when, as and if declared by our Board of Directors;</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:24px; WIDTH:48px; FONT-FAMILY:Symbol; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">&#183;</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">Are entitled to share ratably in all of our assets available for distribution to holders of common stock upon liquidation, dissolution or winding up of our affairs;</p> <p style="MARGIN:0px; CLEAR:left"><br><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>1</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:24px; WIDTH:48px; FONT-FAMILY:Symbol; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">&#183;</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">Do not have preemptive, subscription or conversion rights and there are no redemption or sinking fund provisions or rights; and</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:24px; WIDTH:48px; FONT-FAMILY:Symbol; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">&#183;</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:48px; FONT-SIZE:11pt">Are entitled to one vote per share on all matters on which stockholders may vote.</p> <p style="LINE-HEIGHT:11pt; MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN:0px; PADDING-RIGHT:19px; FONT-SIZE:11pt"><b>Item 5. &nbsp;Interests of Named Experts and Counsel.</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Richardson &amp; Patel LLP has given an opinion on the validity of the securities being registered hereunder. &nbsp;Richardson &amp; Patel LLP and its principles have accepted shares of the Registrant&#146;s common stock in exchange for services rendered to the Registrant in the past and, although the law firm and its principles are under no obligation to do so, they may continue to accept the Registrant&#146;s common stock for services rendered by them. &nbsp;As of the date of this registration statement, Richardson &amp; Patel LLP and its principals collectively own&nbsp;747,918 shares of the Registrant&#146;s common stock. &nbsp;The Registrant has included for registration in this Form S-8 a total of 76,378 shares of common stock which will be issued to the Registrant's legal counsel.</p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Item 6. &nbsp;Indemnification of Directors and Officers.</b></p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Nevada Law</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Nevada law generally permits the Registrant to indemnify our directors, officers and employees. &nbsp;Pursuant to the provisions of Nevada Revised Statutes 78.7502, a corporation may indemnify its directors, officers and employees as follows:</p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(a)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">A corporation may indemnify any person who was or is a party or is threatened to be made a party to any action, except an action by or in the right of the corporation, by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation, against expenses, actually and reasonably incurred by him in connection with the action, suit or proceeding if he: (a) is not liable for breach of his fiduciary duties as a director or officer pursuant to Nevada Revised Statutes 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(b)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">A corporation may indemnify any person who was or is a party or is threatened to be made a party to any action by or in the right of the corporation to procure a judgment in its favor, by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation against expenses actually and reasonably incurred by him in connection with the defense or settlement of the action or suit if he: (a) is not liable for breach of his fiduciary duties pursuant to Nevada Revised Statutes 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation. &nbsp;Indemnification may not be made for any claim, issue or matter as to which such a person has been adjudged by a court of competent jurisdiction, after exhaustion of all appeals therefrom, to be liable to the corporation or for amounts paid in settlement to the corporation, unless and only to the extent that the court in which the action or suit was brought or other court of competent jurisdiction determines upon application that in view of all the circumstances of the case, the person is fairly and reasonably entitled to indemnity for such expenses as the court deems proper.</p> <p style="MARGIN:0px; CLEAR:left"><br><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>2</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:48px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(c)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">To the extent that a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding, or in defense of any claim, issue or matter therein, the corporation shall indemnify him against expenses, including attorneys&#146; fees, actually and reasonably incurred by him in connection with the defense.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Charter Provisions and Other Arrangements of the Registrant</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Article X of the Registrant's Articles of Incorporation ("Article X") states that a director of the corporation shall not be personally liable to the corporation or its stockholders for monetary damages for conduct as a director, except for liability of the director (i) for acts or omissions that involve intentional misconduct by the director or a knowing violation of law by the director, (ii) for conduct violating the Nevada Revised Statutes, or (iii) for any transaction from which the director will personally receive a benefit in money, property or services to which the director is not legally entitled. &nbsp;Article X also provides that, if the Nevada Revised Statutes are amended in the future to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the corporation will be eliminated or limited to the full extent permitted by the Nevada Revised Statutes, as so amended, without any requirement of further action by the Registrant's stockholders.</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Article X also requires the Registrant to indemnify any individual made a party to a proceeding because that individual is or was a director of the corporation and to advance or reimburse the reasonable expenses incurred by the individual in advance of final disposition of the proceeding, without regard to the limitations in Nevada Revised Statute 78.7502, or any other limitation which may be enacted, to the extent such limitation may be disregarded if authorized by the Articles of Incorporation, to the full extent and under all circumstances permitted by applicable law.</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Any repeal or modification of Article X by the Registrant's stockholders shall not adversely affect any right of any individual who is or was a director of the corporation which existed at the time of such repeal or modification.</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">The Registrant's bylaws provide that, subject to applicable law, the Registrant may indemnify any director, officer, agent or employee as to those liabilities and on those terms and conditions as appropriate. &nbsp;The bylaws also provide that the Registrant will have the right to purchase and maintain insurance on behalf of any such persons whether or not the Registrant would have the power to indemnify such person against the liability insured against.</p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Item 7. &nbsp;Exemption from Registration Claimed.</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:96px; MARGIN:0px; FONT-SIZE:11pt">Not applicable.</p> <p style=MARGIN:0px><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Item 8. &nbsp;Exhibits.</b></p> <p style=MARGIN:0px><br></p> <table width=100% bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td /> </tr><tr> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt"><u>Exhibit</u></p></td> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt"><u>Description</u></p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; FONT-SIZE:11pt; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; FONT-SIZE:11pt; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">5</p></td> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Opinion of Richardson &amp; Patel LLP regarding legality</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">10.1</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Spindle, Inc. 2012 Stock Incentive Plan</p></td></tr> <tr> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">10.2</p></td> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Agreement with Legal Counsel</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">23.1</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Consent of Weaver Martin &amp; Samyn, LLC</p></td></tr> <tr> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">23.2</p></td> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Consent of Richardson &amp; Patel LLP (included in Exhibit 5)</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>3</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px"><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt"><b>Item 9. &nbsp;Undertakings.</b></p> <p style=MARGIN:0px><br></p> <p style="MARGIN-TOP:0px; WIDTH:48px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(a)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">The undersigned Registrant hereby undertakes:</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:52px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(1)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement 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> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:52px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(2)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">That, for the purpose of determining any liability under the Securities Act of 1933, 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<i> &nbsp;bona fide</i> offering thereof.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:52px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(3)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; TEXT-INDENT:52px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(4)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">That, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant&#146;s annual report pursuant to Section&nbsp;13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d) of the Securities Exchange Act of 1934)&nbsp;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<i> &nbsp;bona fide</i> offering thereof.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; WIDTH:48px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(b)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">Insofar as indemnification for liabilities arising under the Securities Act of 1933 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.</p> <p style="MARGIN:0px; CLEAR:left"><br></p> <p style="MARGIN-TOP:0px; WIDTH:48px; MARGIN-BOTTOM:-2px; FLOAT:left; FONT-SIZE:11pt">(c)</p> <p style="TEXT-INDENT:-2px; MARGIN:0px; FONT-SIZE:11pt">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 Act and will be governed by the final adjudication of such issue.</p> <p style="MARGIN:0px; CLEAR:left" align=center><br></p> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px align=center><br><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>4</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px; FONT-SIZE:11pt" align=center><b>SIGNATURES</b></p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Pursuant to the <font style=FONT-SIZE:11pt>requirements of the Securities Act of 1933, 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 Scottsdale, Arizona, on January 2, 2013.</font></p> <p style=MARGIN:0px><font style=FONT-SIZE:10pt><br></font></p> <p style="MARGIN:0px; PADDING-LEFT:288px; FONT-SIZE:11pt"><font style=FONT-SIZE:11pt>Spindle, Inc.</font></p> <p style=MARGIN:0px><font style=FONT-SIZE:10pt><br></font></p> <p style=MARGIN:0px><font style=FONT-SIZE:10pt><br></font></p> <p style="MARGIN:0px; PADDING-LEFT:288px; FONT-SIZE:11pt"><u><font style=FONT-SIZE:11pt>/s/ William Clark</font></u></p> <p style="MARGIN:0px; PADDING-LEFT:288px; FONT-SIZE:11pt"><font style=FONT-SIZE:11pt>By: &nbsp;William Clark</font></p> <p style="MARGIN:0px; PADDING-LEFT:288px; FONT-SIZE:11pt"><font style=FONT-SIZE:11pt>Its: &nbsp;President and Chief Financial Officer</font></p> <p style="MARGIN:0px; PADDING-LEFT:288px; FONT-SIZE:11pt">&nbsp;</p> <p style="TEXT-INDENT:48px; MARGIN:0px; FONT-SIZE:11pt">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated:</p> <p style=MARGIN:0px>&nbsp;</p> <p style=MARGIN:0px> <table width=100% bordercolor=transparent cellspacing=0> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><font style=FONT-SIZE:11pt>Dated: <font style=FONT-SIZE:11pt>January 2, 3013</font></font></td> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><font style=FONT-SIZE:11pt><u>/s/ David Ide</u></font></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><font style=FONT-SIZE:11pt>David Ide, Chief Executive Officer (Principal Executive Officer) and Director</font></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </td> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><font style=FONT-SIZE:11pt>Dated: January 2, 2013</font></td> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><u>/s/ William Clark</u></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">William Clark, President and Chief Financial Officer (Principal Financial Officer)</td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">&nbsp;&nbsp;&nbsp;&nbsp; <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">&nbsp;&nbsp;&nbsp;&nbsp; </td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><font style=FONT-SIZE:11pt>Dated: January 2, 2013</font></td> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><u>/s/ John Devlin</u></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">John Devlin, Director</td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">&nbsp;&nbsp;&nbsp;&nbsp; <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">&nbsp;&nbsp;&nbsp;&nbsp; </td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><font style=FONT-SIZE:11pt>Dated: January 2, 2013</font></td> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"><u>/s/ Glenn Bancroft</u></td></tr> <tr> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px"> <td style="BORDER-BOTTOM:0px; BORDER-LEFT:0px; BORDER-TOP:0px; BORDER-RIGHT:0px">Glenn Bancroft, Director</td></tr></table> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style="MARGIN-TOP:0px; MARGIN-BOTTOM:7px" align=center> <p style=MARGIN:0px align=center>&nbsp;</p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p> <p style=MARGIN:0px align=center><br><br></p> <p style="MARGIN:0px; FONT-SIZE:11pt" align=center>5</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px; FONT-SIZE:11pt" align=center><b>INDEX TO EXHIBITS</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <table width=100% bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td /> </tr><tr> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt"><u>Exhibit</u></p></td> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt"><u>Description</u></p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; FONT-SIZE:11pt; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; FONT-SIZE:11pt; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">5</p></td> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Opinion of Richardson &amp; Patel LLP regarding legality</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">10.1</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Spindle, Inc. 2012 Stock Incentive Plan</p></td></tr> <tr> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">10.2</p></td> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Agreement with Legal Counsel</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">23.1</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Consent of Weaver Martin &amp; Samyn, LLC</p></td></tr> <tr> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">23.2</p></td> <td style="BACKGROUND-COLOR:#dbe5f1; MARGIN-TOP:0px" valign=top> <p style="MARGIN:0px; FONT-SIZE:11pt">Consent of Richardson &amp; Patel LLP (included in Exhibit 5)</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=right><br></p> <p style=MARGIN:0px align=right><br><br></p> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px><br></p></body>
<!-- EDGAR Validation Code: B6590E3B -->
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "spdl_s8.htm", "description": "REGISTRATION STATEMENT", "secsgml_size_bytes": 38891}]
{"company-data": {"conformed-name": "SPINDLE, INC.", "cik": "0001403802", "assigned-sic": "5961", "irs-number": "208241820", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-185854", "film-number": "13502504"}, "business-address": {"street1": "6821 E. THOMAS ROAD", "city": "SCOTTSDALE", "state": "AZ", "zip": "85251", "phone": "(480) 335-7351"}, "mail-address": {"street1": "6821 E. THOMAS ROAD", "city": "SCOTTSDALE", "state": "AZ", "zip": "85251"}, "former-company": {"former-conformed-name": "Coyote Hills Golf, Inc.", "date-changed": "20070620"}}
S-8
As filed with the U.S. Securities and Exchange Commission on January 2, 2013
Registration No. 333-________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Spindle, Inc.
(Exact name of Registrant as specified in its charter)
Nevada
20-8242820
(State or other jurisdiction of
(IRS Employee Identification No.)
incorporation or organization)
18835 North Thompson Peak Parkway
Scottsdale, Arizona 85255
(Address, including zip code, of Registrant's principal executive offices)
Spindle, Inc. 2012 Stock Incentive Plan
Agreement with Legal Counsel
(Full title of the plan)
William Clark
President
Spindle, Inc.
18835 North Thompson Peak Parkway
Scottsdale, Arizona 85255
(480) 335-7351
(Telephone number, including area code, of agent for service)
COPIES TO:
Kevin Friedmann, Esq.
Richardson & Patel, LLP
750 Third Avenue, 9
th
Floor
New York, New York 10017
Phone: (212) 561-5559
Fax: (917) 591-6898
Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act:
[  ] Large accelerated filer
[  ] Accelerated filer
[  ] Non-accelerated filer
[X] Smaller reporting company
CALCULATION OF REGISTRATION FEE
Title of Securities to be
registered
Amount to be registered (1)
Proposed maximum offering
price per share (2)
Proposed maximum
aggregate offering price (2)
Amount of registration fee
Common Stock
3,076,378
$1.50
$4,614,567
$629.43
(1) Includes an indeterminate number of additional shares that may be issued to adjust the number of shares issued pursuant to the stock plan described herein as the result of any future stock split, stock dividend or similar adjustment of the Registrant's outstanding common stock.
(2) Estimated pursuant to Rule 457(h) solely for purposes of calculating amount of registration fee, based upon the average of the high and low prices reported on December 23, 2012, as reported on the OTC Bulletin Board.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
Information required in Part I of Form S-8 to be contained in a prospectus meeting the requirements of Section 10(a) of the Securities Act is not required to be filed with the Securities and Exchange Commission (the "Commission") and is omitted from this Registration Statement in accordance with the explanatory note to Part I of Form S-8 and Rule 428(b)(1) under the Securities Act of 1933, as amended (the "Securities Act").
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents are hereby incorporated by reference into this registration statement:
(a)
The Registrant's Annual Report on Form 10-K filed with the Commission on March 30, 2012;
(b)
The Registrant's Quarterly Reports on Form 10-Q for each of the quarters ended March 31, 2012, as filed with the Commission on May 15, 2012 as amended on May 16, 2012, June 30, 2012, as filed with the Commission on August 14, 2012, as amended on August 24, 2012, and September 30, 2012, as filed with the Commission on November 14, 2012; and
(c)
The Registrant's Current Reports on Form 8-K filed as filed with the Commission on January 23, 2012, October 12, 2012 and November 1, 2012.
In addition, all documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act, prior to the filing of a post-effective amendment 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 into this registration statement and to be a part hereof from the date of filing of such documents.
Item 4.  Description of Securities.
The Registrant's authorized capital stock consists of 300,000,000 shares of common stock, having a $0.001 par value per share and 50,000,000 shares of preferred stock, having a $0.001 par value per share.
The holders of our common stock:
·
Have equal ratable rights to dividends from funds legally available therefor, when, as and if declared by our Board of Directors;
·
Are entitled to share ratably in all of our assets available for distribution to holders of common stock upon liquidation, dissolution or winding up of our affairs;
1
·
Do not have preemptive, subscription or conversion rights and there are no redemption or sinking fund provisions or rights; and
·
Are entitled to one vote per share on all matters on which stockholders may vote.
Item 5.  Interests of Named Experts and Counsel.
Richardson & Patel LLP has given an opinion on the validity of the securities being registered hereunder.  Richardson & Patel LLP and its principles have accepted shares of the Registrant's common stock in exchange for services rendered to the Registrant in the past and, although the law firm and its principles are under no obligation to do so, they may continue to accept the Registrant's common stock for services rendered by them.  As of the date of this registration statement, Richardson & Patel LLP and its principals collectively own 747,918 shares of the Registrant's common stock.  The Registrant has included for registration in this Form S-8 a total of 76,378 shares of common stock which will be issued to the Registrant's legal counsel.
Item 6.  Indemnification of Directors and Officers.
Nevada Law
Nevada law generally permits the Registrant to indemnify our directors, officers and employees.  Pursuant to the provisions of Nevada Revised Statutes 78.7502, a corporation may indemnify its directors, officers and employees as follows:
(a)
A corporation may indemnify any person who was or is a party or is threatened to be made a party to any action, except an action by or in the right of the corporation, by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation, against expenses, actually and reasonably incurred by him in connection with the action, suit or proceeding if he: (a) is not liable for breach of his fiduciary duties as a director or officer pursuant to Nevada Revised Statutes 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful.
(b)
A corporation may indemnify any person who was or is a party or is threatened to be made a party to any action by or in the right of the corporation to procure a judgment in its favor, by reason of the fact that he is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation against expenses actually and reasonably incurred by him in connection with the defense or settlement of the action or suit if he: (a) is not liable for breach of his fiduciary duties pursuant to Nevada Revised Statutes 78.138; or (b) acted in good faith and in a manner which he reasonably believed to be in or not opposed to the best interests of the corporation.  Indemnification may not be made for any claim, issue or matter as to which such a person has been adjudged by a court of competent jurisdiction, after exhaustion of all appeals therefrom, to be liable to the corporation or for amounts paid in settlement to the corporation, unless and only to the extent that the court in which the action or suit was brought or other court of competent jurisdiction determines upon application that in view of all the circumstances of the case, the person is fairly and reasonably entitled to indemnity for such expenses as the court deems proper.
2
(c)
To the extent that a director, officer, employee or agent of a corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding, or in defense of any claim, issue or matter therein, the corporation shall indemnify him against expenses, including attorneys' fees, actually and reasonably incurred by him in connection with the defense.
Charter Provisions and Other Arrangements of the Registrant
Article X of the Registrant's Articles of Incorporation ("Article X") states that a director of the corporation shall not be personally liable to the corporation or its stockholders for monetary damages for conduct as a director, except for liability of the director (i) for acts or omissions that involve intentional misconduct by the director or a knowing violation of law by the director, (ii) for conduct violating the Nevada Revised Statutes, or (iii) for any transaction from which the director will personally receive a benefit in money, property or services to which the director is not legally entitled.  Article X also provides that, if the Nevada Revised Statutes are amended in the future to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the corporation will be eliminated or limited to the full extent permitted by the Nevada Revised Statutes, as so amended, without any requirement of further action by the Registrant's stockholders.
Article X also requires the Registrant to indemnify any individual made a party to a proceeding because that individual is or was a director of the corporation and to advance or reimburse the reasonable expenses incurred by the individual in advance of final disposition of the proceeding, without regard to the limitations in Nevada Revised Statute 78.7502, or any other limitation which may be enacted, to the extent such limitation may be disregarded if authorized by the Articles of Incorporation, to the full extent and under all circumstances permitted by applicable law.
Any repeal or modification of Article X by the Registrant's stockholders shall not adversely affect any right of any individual who is or was a director of the corporation which existed at the time of such repeal or modification.
The Registrant's bylaws provide that, subject to applicable law, the Registrant may indemnify any director, officer, agent or employee as to those liabilities and on those terms and conditions as appropriate.  The bylaws also provide that the Registrant will have the right to purchase and maintain insurance on behalf of any such persons whether or not the Registrant would have the power to indemnify such person against the liability insured against.
Item 7.  Exemption from Registration Claimed.
Not applicable.
Item 8.  Exhibits.
Exhibit
Description
5
Opinion of Richardson & Patel LLP regarding legality
10.1
Spindle, Inc. 2012 Stock Incentive Plan
10.2
Agreement with Legal Counsel
23.1
Consent of Weaver Martin & Samyn, LLC
23.2
Consent of Richardson & Patel LLP (included in Exhibit 5)
3
Item 9.  Undertakings.
(a)
The undersigned Registrant hereby undertakes:
(1)
To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement 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.
(2)
That, for the purpose of determining any liability under the Securities Act of 1933, 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.
(3)
To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(4)
That, for purposes of determining any liability under the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) 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.
(b)
Insofar as indemnification for liabilities arising under the Securities Act of 1933 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.
(c)
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 Act and will be governed by the final adjudication of such issue.
4
SIGNATURES
Pursuant to the
requirements of the Securities Act of 1933, 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 Scottsdale, Arizona, on January 2, 2013.
Spindle, Inc.
/s/ William Clark
By:  William Clark
Its:  President and Chief Financial Officer
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated:
Dated:
January 2, 3013
/s/ David Ide
David Ide, Chief Executive Officer (Principal Executive Officer) and Director
Dated: January 2, 2013
/s/ William Clark
William Clark, President and Chief Financial Officer (Principal Financial Officer)
Dated: January 2, 2013
/s/ John Devlin
John Devlin, Director
Dated: January 2, 2013
/s/ Glenn Bancroft
Glenn Bancroft, Director
5
INDEX TO EXHIBITS
Exhibit
Description
5
Opinion of Richardson & Patel LLP regarding legality
10.1
Spindle, Inc. 2012 Stock Incentive Plan
10.2
Agreement with Legal Counsel
23.1
Consent of Weaver Martin & Samyn, LLC
23.2
Consent of Richardson & Patel LLP (included in Exhibit 5)