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<P align="right"><FONT size="2"><B>As filed with the Securities and
Exchange Commission on November&nbsp;20, 2002</B></FONT>
<DIV align="right"><FONT size="2"><B>Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT></DIV>

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<P align="center"><FONT size="5"><B>SECURITIES AND EXCHANGE COMMISSION</b></FONT><BR>
<FONT size="2"><b>Washington, D.C. 20549</B></FONT>

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<P align="center"><FONT size="4"><B>FORM S-8</B></FONT><BR>
<FONT size="3"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B></FONT>

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<P align="center"><FONT size="5"><B>FAFCO, INC.</B></FONT><BR>
<FONT size="2"><B>(Exact name of Registrant as specified in its charter)</B></FONT>

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        <TD width="4%">&nbsp;</TD>
        <TD width="48%">&nbsp;</TD>
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<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2"><B>CALIFORNIA<BR>
(State or other jurisdiction of<BR>
incorporation or organization)</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">
<B>94-2159547<BR>
(I.R.S. Employer<BR>
Identification Number)</B></FONT></TD>
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<P align="center"><FONT size="2"><B>435 Otterson Drive<BR>
Chico, CA 95928<BR>
(Address of principal executive offices)</B></FONT>

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<P align="center"><FONT size="2"><B>2002 STOCK PLAN<BR>
(Full title of the plan)</B></FONT>

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<P align="center"><FONT size="2"><B>ALEX N. WATT<BR>
EXECUTIVE VICE PRESIDENT<BR>
FAFCO, INC.<BR>
435 Otterson Drive<BR>
Chico, CA 95928<BR>
(530)&nbsp;332-2100<BR>
(Name, address, and telephone number, including are code, of agent for service)</B></FONT>

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<P align="center"><FONT size="2"><I>Copy to:</I><BR>
<B>Ramsey Hanna<BR>
Wilson Sonsini Goodrich &#038; Rosati<BR>
Professional Corporation<BR>
650 Page Mill Road<BR>
Palo Alto, CA 94304-1050<BR>
(650)&nbsp;493-9300</B></FONT>

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<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B></FONT>

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        <TD width="2%">&nbsp;</TD>

        <TD width="8%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>

        <TD width="8%">&nbsp;</TD>
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        <TD width="2%">&nbsp;</TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD nowrap align="center"><FONT size="1"><B>Title of Each Class of Securities to</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount to be</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Offering Price</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount of</B></FONT></TD>
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<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>be Registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Per Share</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registration Fee</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="left" colspan="17"><HR size="1" noshade></TD>
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<TR valign="bottom">
        <TD><FONT size="2">2002 Stock Plan</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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        <TD><FONT size="2">Common Stock, $0.125 par value</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center" nowrap><FONT size="2">500,000&nbsp;shares</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">0.35</FONT></TD>
        <TD nowrap><FONT size="2"><sup>(1)</sup></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD nowrap align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">175,000</FONT></TD>
        <TD nowrap><FONT size="2"><sup>(1)</sup></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$</FONT></TD>
        <TD align="right"><FONT size="2">16.10</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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        <TD nowrap align="left" colspan="17"><HR size="1" noshade></TD>
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      <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Estimated in accordance with Rules&nbsp;457(c) and 457(h) under the Securities Act of 1933 solely for the purpose
of calculating registration fee. The computation is based on the
last reported sale of the Registrant's Common Stock, which occurred on
October&nbsp;31, 2002. There has been no reported sale of the
Registrant&#146;s Common Stock, nor have there been quoted bid and asked
prices for the Registrant's Common Stock, within 5&nbsp;business days prior to the date of filing of this registration statement.</FONT></TD>
</TR>
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<!-- TOC -->
<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART II INFORMATION REQUIRED IN REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;3.&nbsp;&nbsp;Incorporation of Documents by Reference.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;4.&nbsp;&nbsp;Description of Securities.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;5.&nbsp;&nbsp;Interests of Named Experts and Counsel.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;6.&nbsp;&nbsp;Indemnification of Directors and Officers.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;7.&nbsp;&nbsp; Exemption from Registration Claimed.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;8.&nbsp;&nbsp;Exhibits.</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;9.&nbsp;&nbsp;Undertakings.</A></TD></TR>
<TR><TD colspan="9"><A HREF="#008">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="f84845exv4w1.txt">Exhibit 4.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f84845exv5w1.txt">Exhibit 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f84845exv23w2.txt">Exhibit 23.2</A></TD></TR>
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<P align="center"><FONT size="2">FAFCO, INC.<BR>
REGISTRATION STATEMENT ON FORM S-8</FONT>

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<P align="center"><FONT size="2">PART II</FONT>

<P align="center"><FONT size="2">INFORMATION REQUIRED IN REGISTRATION STATEMENT</FONT>

<!-- link2 "Item&nbsp;3.&nbsp;&nbsp;Incorporation of Documents by Reference." -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;3.&nbsp;&nbsp;Incorporation of Documents by Reference.</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents and information previously filed with the
Securities and Exchange Commission by FAFCO, Inc. (the &#147;Registrant&#148;) are hereby
incorporated by reference in this Registration Statement:
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; The Registrant&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended
December&nbsp;31, 2001 filed April&nbsp;1, 2002 pursuant to Section&nbsp;13(a) or 15(d) of the
Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;).
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp; The Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the fiscal quarter
ended March&nbsp;31, 2002 filed pursuant to Section&nbsp;13 of the Exchange Act on May&nbsp;13, 2002.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp; The Registrant&#146;s Quarterly Report on Form&nbsp;10-Q for the fiscal quarter
ended June&nbsp;30, 2002 filed pursuant to Section&nbsp;13 of the Exchange Act on
September&nbsp;14, 2002.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp; The description of the Registrant&#146;s Common Stock contained in the
Registration Statement on Form&nbsp;8-A filed pursuant to Section&nbsp;12(b) of the
Exchange Act on January&nbsp;26, 1982.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Registrant pursuant to Sections&nbsp;13(a), 13(c),
14 and 15(d) of the Exchange Act subsequent to the filing of this Registration
Statement, and 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 in the Registration Statement and to be part hereof from the date of
filing of such documents.
</FONT>

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<DIV align="left"><A NAME="002"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;4.&nbsp;&nbsp;Description of Securities.</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>

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<P align="left"><FONT size="2"><B>Item&nbsp;5.&nbsp;&nbsp;Interests of Named Experts and Counsel.</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>

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<DIV align="left"><A NAME="004"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;6.&nbsp;&nbsp;Indemnification of Directors and Officers.</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;317 of the California General Corporation Law (the &#147;CGCL&#148;)
authorizes a court to award, or a corporation&#146;s board of directors to grant,
indemnity to directors and officers who are parties or are threatened to be
made parties to any proceeding (with certain exceptions) by reason of the fact
that the person is or was an agent of the corporation, against expenses,
judgments, fines, settlements and other amounts actually and reasonably
incurred in connection with the proceeding if that person acted in good faith
and in a manner the person reasonably believed to be in the best interests of
the corporation. Section
</FONT>

<P align="center"><FONT size="2">II-2
</FONT>

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<P><FONT size="2">204 of the CGCL
provides that this limitation on liability has no effect on a director&#146;s
liability (i)&nbsp;for acts or omissions that involve intentional misconduct or a
knowing and culpable violation of law, (ii)&nbsp;for acts or omissions that a
director believes to be contrary to the best interests of the corporation or
its shareholders or that involve the absence of good faith on the part of the
director, (iii)&nbsp;for any transaction from which a director derived an improper
personal benefit, (iv)&nbsp;for acts or omissions that show a reckless disregard for
the director&#146;s duty to the corporation or its shareholders in circumstances in
which the director was aware, or should have been aware, in the ordinary course
of performing a director&#146;s duties, of a risk of a serious injury to the
corporation or its shareholders, (v)&nbsp;for acts or omissions that constitute an
unexcused pattern of inattention that amounts to an abdication of the
director&#146;s duty to the corporation or its shareholders, (vi)&nbsp;under Section&nbsp;310
of the CGCL (concerning contracts or transactions between the corporation and a
director) or (vii)&nbsp;under Section&nbsp;316 of the CGCL (directors&#146; liability for
improper dividends, loans and guarantees). Section&nbsp;317 does not extend to acts
or omissions of a director in is or her capacity as an officer. Further,
Section&nbsp;317 has no effect on claims arising under federal or state securities
laws and does not affect the availability of injunctions and other equitable
remedies available to the Company&#146;s shareholders for any violation of a
director&#146;s fiduciary duty to the Company or its shareholders. Although the
validity and scope of the legislation underlying Section&nbsp;317 have not yet been
interpreted to any significant extent by the California courts, Section&nbsp;317 may
relieve directors of monetary liability to the Company for grossly negligent
conduct, including conduct in situations involving attempted takeovers of the
Company.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company&#146;s Bylaws provide that the Company shall indemnify its
directors and officers and may indemnify its employees and other agents to the
fullest extent permitted by law. The Company&#146;s Bylaws also permit the Company
to secure insurance on behalf of any officer, director, employee or other agent
for any liability arising out of his or her actions in such capacity,
regardless of whether the Company would have the power to indemnify him or her
against such liability under the California General Corporation Law. The
Company also maintains insurance policies that insure its officers and
directors against certain liabilities.
</FONT>

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<DIV align="left"><A NAME="005"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;7.&nbsp;&nbsp; Exemption from Registration Claimed.</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
</FONT>

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<P align="left"><FONT size="2"><B>Item&nbsp;8.&nbsp;&nbsp;Exhibits.</B></FONT>

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        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="90%">&nbsp;</TD>
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<TR valign="bottom">
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Exhibit</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Number</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Description</B></FONT></TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade width=60></TD>
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        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">4.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">2002 Stock Plan and form of stock option
agreement used thereunder.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2"><BR></FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">5.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Opinion of Wilson Sonsini Goodrich &#038; Rosati, P.C. as to legality of
securities being registered.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2"><BR></FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">23.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Consent of Wilson Sonsini Goodrich &#038; Rosati, P.C. (contained in
Exhibit&nbsp;5.1).</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2"><BR></FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">23.2</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Consent of Burr, Pilger &#038; Mayer LLP,
Independent Accountants.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2"><BR></FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">24.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Power of Attorney (see page II-5).</FONT></TD>
</TR>
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<P align="left"><FONT size="2"><B>Item&nbsp;9.&nbsp;&nbsp;Undertakings.</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp; The undersigned Registrant hereby undertakes:
</FONT>

<P align="center"><FONT size="2">II-3
</FONT>

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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by section 10(a)(3) of the
Securities Act of 1933, as amended (the &#147;Securities Act&#148;);
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;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.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule&nbsp;424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20&nbsp;percent change in the
maximum aggregate offering price set forth in the &#147;Calculation of Registration
Fee&#148; table in the effective registration statement;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;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.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(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 Exchange Act that are
incorporated by reference in this registration statement.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose 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.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;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.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&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&nbsp;13(a) or Section&nbsp;15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s
annual report pursuant to Section&nbsp;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 an initial bona
fide offering thereof.
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp; Insofar as indemnification by us for liabilities arising under the
Securities Act may be permitted to our directors, officers and controlling
persons pursuant to the provisions referenced above or otherwise, we have 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 us of
expenses incurred or paid by one of our directors, officers, or controlling
persons 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 hereunder, we will, unless in the opinion of our
counsel the matter has been settled
</FONT>

<P align="center"><FONT size="2">II-4
</FONT>

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

<P><FONT size="2">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.
</FONT>

<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="008"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of Section&nbsp;13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant certifies that it has reasonable grounds
to believe that it meets all of the requirements for filing on Form&nbsp;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 Chico, State of
California, on this 20th day of November, 2002.
</FONT>

<CENTER>
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<TR valign="bottom">
        <TD width="25%">&nbsp;</TD>
        <TD width="25%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="47%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" colspan="3" valign="top"><FONT size="2">FAFCO, INC.</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2"><br></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
By:
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;Freeman A. Ford
<hr noshade size="1">
Freeman A. Ford<BR>
Chairman of the Board, President and<br>Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B></FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints, jointly and severally, Freeman A. Ford
and Alex N. Watt as his attorneys-in-fact, each with the power of substitution,
for him in any and all capacities, to sign any and all amendments to this
Registration Statement on Form&nbsp;S-8 and to file the same, with exhibits thereto
and other documents in connection therewith, with the Securities and Exchange
Commission, hereby ratifying and confirming all that each of said
attorney-in-fact, or his substitute or substitutes, may do or cause to be done
by virtue hereof. Pursuant to the requirements of the Securities Exchange Act
of 1934, this report has been signed below by the following persons on behalf
of the Registrant and in the capacities and on the dates indicated.
</FONT>

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<TR valign="bottom">
        <TD width="40%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="40%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="10%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;Freeman A. Ford
<hr noshade size="1">
Freeman A. Ford</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chairman of the Board,<br>
President and Chief Executive Officer<br>
(Principal Executive Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">November&nbsp;20,&nbsp;2002</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;Nancy I. Garvin
<hr noshade size="1">
Nancy I. Garvin</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Vice President, Finance<br>
(Principal Financial and Accounting Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">November&nbsp;20,&nbsp;2002</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;William A. Berry
<hr noshade size="1">
William A. Berry</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">November&nbsp;20,&nbsp;2002</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;Robert W. Selig, Jr.
<hr noshade size="1">
Robert W. Selig, Jr.</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">Director</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">November&nbsp;20,&nbsp;2002</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;William F. Chisholm
<hr noshade size="1">
William F. Chisholm</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">Director</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">November&nbsp;20,&nbsp;2002</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">II-5
</FONT>

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

<CENTER>
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        <TD width="5%">&nbsp;</TD>
        <TD width="10%">&nbsp;</TD>
</TR>

<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;David F. Ford
<hr noshade size="1">
David F. Ford</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">November&nbsp;20,&nbsp;2002</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">II-6
</FONT>

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

<P align="center"><FONT size="2"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT>

<P align="center"><FONT size="2"><B>Washington, D.C. 20549</B></FONT>

<P>
<HR width="26%" align="center" size="1" noshade>
<P>


<P align="center"><FONT size="2"><B>EXHIBITS</B></FONT>

<P>
<HR width="26%" align="center" size="1" noshade>
<P>


<P align="center"><FONT size="2"><B>Registration Statement on Form&nbsp;S-8</B></FONT>

<P align="center"><FONT size="2"><B>FAFCO, INC.</B></FONT>

<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="009"></A></DIV>
<P align="center"><FONT size="2"><B>INDEX TO EXHIBITS</B></FONT>

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        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
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        <TD width="5%">&nbsp;</TD>
        <TD width="90%">&nbsp;</TD>
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<TR valign="bottom">
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Exhibit</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center" colspan="3"><FONT size="1"><B>Number</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD colspan="3"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade width="60"></TD>
</TR>
<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">4.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">2002 Stock Plan and form of stock option
agreement used thereunder.</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">5.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Opinion of Wilson Sonsini Goodrich &#038; Rosati, P.C. as to legality of
securities being registered.</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">23.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Consent of Wilson Sonsini Goodrich &#038; Rosati, P.C. (contained in
Exhibit&nbsp;5.1).</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">23.2</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Consent of Burr, Pilger &#038; Mayer,
Independent Auditors.</FONT></TD>
</TR>

<TR><TD>&nbsp;</TD></TR>

<TR valign="bottom">
        <TD valign="top" align="right"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top" align="right"><FONT size="2">24.1</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">Power of Attorney. (see page II-5).</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">II-7</FONT>

</BODY>
</HTML>
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Fafco, Inc.
Table of Contents
As filed with the Securities and
Exchange Commission on November 20, 2002
Registration No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
FAFCO, INC.
(Exact name of Registrant as specified in its charter)
CALIFORNIA
(State or other jurisdiction of
incorporation or organization)
94-2159547
(I.R.S. Employer
Identification Number)
435 Otterson Drive
Chico, CA 95928
(Address of principal executive offices)
2002 STOCK PLAN
(Full title of the plan)
ALEX N. WATT
EXECUTIVE VICE PRESIDENT
FAFCO, INC.
435 Otterson Drive
Chico, CA 95928
(530) 332-2100
(Name, address, and telephone number, including are code, of agent for service)
Copy to:
Ramsey Hanna
Wilson Sonsini Goodrich & Rosati
Professional Corporation
650 Page Mill Road
Palo Alto, CA 94304-1050
(650) 493-9300
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Title of Each Class of Securities to
Amount to be
Offering Price
Aggregate Offering
Amount of
be Registered
Registered
Per Share
Price
Registration Fee
2002 Stock Plan
Common Stock, $0.125 par value
500,000 shares
$
0.35
(1)
$
175,000
(1)
$
16.10
(1)
Estimated in accordance with Rules 457(c) and 457(h) under the Securities Act of 1933 solely for the purpose
of calculating registration fee. The computation is based on the
last reported sale of the Registrant's Common Stock, which occurred on
October 31, 2002. There has been no reported sale of the
Registrant's Common Stock, nor have there been quoted bid and asked
prices for the Registrant's Common Stock, within 5 business days prior to the date of filing of this registration statement.
TABLE OF CONTENTS
PART II INFORMATION REQUIRED IN REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
Item 4.  Description of Securities.
Item 5.  Interests of Named Experts and Counsel.
Item 6.  Indemnification of Directors and Officers.
Item 7.   Exemption from Registration Claimed.
Item 8.  Exhibits.
Item 9.  Undertakings.
SIGNATURES
INDEX TO EXHIBITS
Exhibit 4.1
Exhibit 5.1
Exhibit 23.2
Table of Contents
FAFCO, INC.
REGISTRATION STATEMENT ON FORM S-8
PART II
INFORMATION REQUIRED IN REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The following documents and information previously filed with the
Securities and Exchange Commission by FAFCO, Inc. (the "Registrant") are hereby
incorporated by reference in this Registration Statement:
(a)  The Registrant's Annual Report on Form 10-K for the fiscal year ended
December 31, 2001 filed April 1, 2002 pursuant to Section 13(a) or 15(d) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act").
(b)  The Registrant's Quarterly Report on Form 10-Q for the fiscal quarter
ended March 31, 2002 filed pursuant to Section 13 of the Exchange Act on May 13, 2002.
(c)  The Registrant's Quarterly Report on Form 10-Q for the fiscal quarter
ended June 30, 2002 filed pursuant to Section 13 of the Exchange Act on
September 14, 2002.
(d)  The description of the Registrant's Common Stock contained in the
Registration Statement on Form 8-A filed pursuant to Section 12(b) of the
Exchange Act on January 26, 1982.
All documents filed by the Registrant pursuant to Sections 13(a), 13(c),
14 and 15(d) of the Exchange Act subsequent to the filing of this Registration
Statement, and 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 in the Registration Statement and to be part hereof from the date of
filing of such documents.
Item 4.  Description of Securities.
Not applicable.
Item 5.  Interests of Named Experts and Counsel.
Not applicable.
Item 6.  Indemnification of Directors and Officers.
Section 317 of the California General Corporation Law (the "CGCL")
authorizes a court to award, or a corporation's board of directors to grant,
indemnity to directors and officers who are parties or are threatened to be
made parties to any proceeding (with certain exceptions) by reason of the fact
that the person is or was an agent of the corporation, against expenses,
judgments, fines, settlements and other amounts actually and reasonably
incurred in connection with the proceeding if that person acted in good faith
and in a manner the person reasonably believed to be in the best interests of
the corporation. Section
II-2
Table of Contents
204 of the CGCL
provides that this limitation on liability has no effect on a director's
liability (i) for acts or omissions that involve intentional misconduct or a
knowing and culpable violation of law, (ii) for acts or omissions that a
director believes to be contrary to the best interests of the corporation or
its shareholders or that involve the absence of good faith on the part of the
director, (iii) for any transaction from which a director derived an improper
personal benefit, (iv) for acts or omissions that show a reckless disregard for
the director's duty to the corporation or its shareholders in circumstances in
which the director was aware, or should have been aware, in the ordinary course
of performing a director's duties, of a risk of a serious injury to the
corporation or its shareholders, (v) for acts or omissions that constitute an
unexcused pattern of inattention that amounts to an abdication of the
director's duty to the corporation or its shareholders, (vi) under Section 310
of the CGCL (concerning contracts or transactions between the corporation and a
director) or (vii) under Section 316 of the CGCL (directors' liability for
improper dividends, loans and guarantees). Section 317 does not extend to acts
or omissions of a director in is or her capacity as an officer. Further,
Section 317 has no effect on claims arising under federal or state securities
laws and does not affect the availability of injunctions and other equitable
remedies available to the Company's shareholders for any violation of a
director's fiduciary duty to the Company or its shareholders. Although the
validity and scope of the legislation underlying Section 317 have not yet been
interpreted to any significant extent by the California courts, Section 317 may
relieve directors of monetary liability to the Company for grossly negligent
conduct, including conduct in situations involving attempted takeovers of the
Company.
The Company's Bylaws provide that the Company shall indemnify its
directors and officers and may indemnify its employees and other agents to the
fullest extent permitted by law. The Company's Bylaws also permit the Company
to secure insurance on behalf of any officer, director, employee or other agent
for any liability arising out of his or her actions in such capacity,
regardless of whether the Company would have the power to indemnify him or her
against such liability under the California General Corporation Law. The
Company also maintains insurance policies that insure its officers and
directors against certain liabilities.
Item 7.   Exemption from Registration Claimed.
Not applicable.
Item 8.  Exhibits.
Exhibit
Number
Description
4.1
2002 Stock Plan and form of stock option
agreement used thereunder.
5.1
Opinion of Wilson Sonsini Goodrich & Rosati, P.C. as to legality of
securities being registered.
23.1
Consent of Wilson Sonsini Goodrich & Rosati, P.C. (contained in
Exhibit 5.1).
23.2
Consent of Burr, Pilger & Mayer LLP,
Independent Accountants.
24.1
Power of Attorney (see page II-5).
Item 9.  Undertakings.
(a)  The undersigned Registrant hereby undertakes:
II-3
Table of Contents
(1) 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, as amended (the "Securities Act");
(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.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20 percent change in the
maximum aggregate offering price set forth in the "Calculation of Registration
Fee" table in the effective 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 (a)(1)(i) and (a)(1)(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 Exchange Act that are
incorporated by reference in this registration statement.
(2) That, for the purpose 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.
(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.
(b)  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 Section 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 an initial bona
fide offering thereof.
(c)  Insofar as indemnification by us for liabilities arising under the
Securities Act may be permitted to our directors, officers and controlling
persons pursuant to the provisions referenced above or otherwise, we have 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 us of
expenses incurred or paid by one of our directors, officers, or controlling
persons 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 hereunder, we will, unless in the opinion of our
counsel the matter has been settled
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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.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, 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 Chico, State of
California, on this 20th day of November, 2002.
FAFCO, INC.
By:
/s/   Freeman A. Ford
Freeman A. Ford
Chairman of the Board, President and
Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints, jointly and severally, Freeman A. Ford
and Alex N. Watt as his attorneys-in-fact, each with the power of substitution,
for him in any and all capacities, to sign any and all amendments to this
Registration Statement on Form S-8 and to file the same, with exhibits thereto
and other documents in connection therewith, with the Securities and Exchange
Commission, hereby ratifying and confirming all that each of said
attorney-in-fact, or his substitute or substitutes, may do or cause to be done
by virtue hereof. Pursuant to the requirements of the Securities Exchange Act
of 1934, this report has been signed below by the following persons on behalf
of the Registrant and in the capacities and on the dates indicated.
Signature
Title
Date
/s/   Freeman A. Ford
Freeman A. Ford
Chairman of the Board,
President and Chief Executive Officer
(Principal Executive Officer)
November 20, 2002
/s/   Nancy I. Garvin
Nancy I. Garvin
Vice President, Finance
(Principal Financial and Accounting Officer)
November 20, 2002
/s/   William A. Berry
William A. Berry
Director
November 20, 2002
/s/   Robert W. Selig, Jr.
Robert W. Selig, Jr.
Director
November 20, 2002
/s/   William F. Chisholm
William F. Chisholm
Director
November 20, 2002
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Signature
Title
Date
/s/   David F. Ford
David F. Ford
Director
November 20, 2002
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
EXHIBITS
Registration Statement on Form S-8
FAFCO, INC.
INDEX TO EXHIBITS
Exhibit
Number
Description
4.1
2002 Stock Plan and form of stock option
agreement used thereunder.
5.1
Opinion of Wilson Sonsini Goodrich & Rosati, P.C. as to legality of
securities being registered.
23.1
Consent of Wilson Sonsini Goodrich & Rosati, P.C. (contained in
Exhibit 5.1).
23.2
Consent of Burr, Pilger & Mayer,
Independent Auditors.
24.1
Power of Attorney. (see page II-5).
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