<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED</B> <B>STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>Washington,
DC 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>CURRENT
REPORT </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to Section 13 or 15(d) of the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 18.4pt">Date of report (Date
of earliest event reported): April 16, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 18.4pt">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Empowered Products, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Exact Name of Registrant as Specified in
Its Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">Nevada</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center">333-165917</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-weight: bold; text-decoration: underline; text-align: center"><B><U>27-0579647</U></B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic; text-align: center">(State or Other Jurisdiction</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic; text-align: center">(Commission File Number)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic; text-align: center">&nbsp;&nbsp;&nbsp;(IRS Employer Identification No.)</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic; text-align: center">of Incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; font-style: italic; text-align: center">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&#9;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>3367 West Oquendo Road, Las Vegas, Nevada
89118</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Address, including zip code, off principal
executive offices)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Registrant&rsquo;s telephone number, including
area code <U> 800-929-0407</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">________________________________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Former Name or Former Address, if Changed
Since Last Report)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt">Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (<I>see </I>General Instruction A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt"><FONT STYLE="font-family: Wingdings">o</FONT>&#9;Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt"><FONT STYLE="font-family: Wingdings">o</FONT>&#9;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt"><FONT STYLE="font-family: Wingdings">o</FONT>&#9;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt"><FONT STYLE="font-family: Wingdings">o</FONT>&#9;Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 18.4pt">&nbsp;&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.02</B>&nbsp;<B>Departure of Directors of Certain officers;
election of Directors; Appointment of Certain officers; Compensatory Arrangements of Certain Officers</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On April 19, 2012, the stockholders of Empowered
Products, Inc. (the &ldquo;Company&rdquo;) approved the Company&rsquo;s 2012 Omnibus Incentive Plan (the &ldquo;Plan&rdquo;).&nbsp;&nbsp;The
board of directors of the Company (the &ldquo;Board&rdquo;) previously approved the Plan on April 16, 2012. The principal terms
and features of the Plan are summarized below. The following summary is qualified in its entirety by the Plan, which is filed as
Exhibit 10.1 to this Current Report on Form 8-K, and the plan agreements, which are filed as Exhibits 10.1(a), 10.1(b), 10.1(c)
and 10.1(d) to this Current Report on Form 8-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Administration</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Plan shall be administered by the Board
or by a committee of the Board consisting of not less than two (2) directors (the &ldquo;Committee&rdquo;). The Plan administrator
has the authority to determine, within the limits of the express provisions of the Plan, the individuals to whom awards will be
granted, the nature, amount and terms of such awards and the objectives and conditions for earning such awards.&nbsp;&nbsp;The
Committee generally has discretion to delegate its authority under the Plan to another committee of the Board or a subcommittee,
or to such other party or parties, including officers of the Company, as the Committee deems appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Types of Awards</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Awards under the Incentive Plan may include
incentive stock options, nonqualified stock options, stock appreciation rights (&ldquo;SARs&rdquo;), restricted shares of common
stock, restricted stock units, performance share or unit awards, other stock-based awards and cash-based incentive awards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Stock Options</I>.&nbsp;&nbsp;The Plan
administrator may grant to a participant options to purchase Company common stock that qualify as incentive stock options for purposes
of Section 422 of the Internal Revenue Code (&ldquo;incentive stock options&rdquo;), options that do not qualify as incentive stock
options (&ldquo;non-qualified stock options&rdquo;) or a combination thereof.&nbsp;&nbsp;The terms and conditions of stock option
grants, including the quantity, price, vesting periods, and other conditions on exercise will be determined by the Plan administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The exercise price for stock options will
be determined by the Plan administrator in its discretion, but non-qualified stock options and incentive stock options may not
be less than 100% of the fair market value of one share of the Company&rsquo;s common stock on the date when the stock option is
granted.&nbsp;&nbsp;Additionally, in the case of incentive stock options granted to a holder of more than 10% of the total combined
voting power of all classes of stock of the Company on the date of grant, the exercise price may not be less than 110% of the fair
market value of one share of common stock on the date the stock option is granted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Stock options must be exercised within a
period fixed by the Plan administrator that may not exceed ten years from the date of grant, except that in the case of incentive
stock options granted to a holder of more than 10% of the total combined voting power of all classes of stock of the Company on
the date of grant, the exercise period may not exceed five years.&nbsp;&nbsp;The Plan provides for earlier termination of stock
options upon the participant&rsquo;s termination of service, unless extended by the Plan administrator, but in no event may the
options be exercised after the scheduled expiration date of the options.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">At the Plan administrator&rsquo;s discretion,
payment for shares of common stock on the exercise of stock options may be made in cash, shares of the Company&rsquo;s common stock
held by the participant or in any other form of consideration acceptable to the Plan administrator (including one or more forms
of &ldquo;cashless&rdquo; or &ldquo;net&rdquo; exercise).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Stock Appreciation Rights</I>.&nbsp;&nbsp;The
Plan administrator may grant to a participant an award of SARs, which entitles the participant to receive, upon its exercise, a
payment equal to (i) the excess of the fair market value of a share of common stock on the exercise date over the SAR exercise
price, times (ii) the number of shares of common stock with respect to which the SAR is exercised.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The exercise price for a SAR will be determined
by the Plan administrator in its discretion; provided, however, that in no event shall the exercise price be less than the fair
market value of our common stock on the date of grant.&nbsp;&nbsp;Upon exercise of a SAR, payment may be made in cash, shares of
the Company&rsquo;s common stock held by the participant or in any other form of consideration acceptable to the Plan administrator
(including one or more forms of &ldquo;cashless&rdquo; exercise).&nbsp;&nbsp;SARs must be exercised within a period fixed by the
Plan administrator that may not exceed ten years from the date of grant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Restricted Shares and Restricted Units</I>.&nbsp;&nbsp;The
Plan administrator may award to a participant shares of common stock subject to specified restrictions (&ldquo;restricted shares&rdquo;).&nbsp;&nbsp;Restricted
shares are subject to forfeiture if the participant does not meet certain conditions such as continued employment over a specified
forfeiture period and/or the attainment of specified performance targets over the forfeiture period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Plan administrator also may award to
a participant units representing the right to receive shares of common stock in the future subject to the achievement of one or
more goals relating to the completion of service by the participant and/or the achievement of performance or other objectives (&ldquo;restricted
units&rdquo;).&nbsp;&nbsp;The terms and conditions of restricted share and restricted unit awards are determined by the Plan administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For participants who are subject to Section
162(m) of the Internal Revenue Code (the &ldquo;Code&rdquo;), the performance targets described in the preceding two paragraphs
may be established by the Plan administrator, in its discretion, based on one or more of the following measures (the &ldquo;Performance
Goals&rdquo;): revenues; units sold or growth in units sold; return on stockholders' equity; customer satisfaction or retention;
return on investment or working capital; operating income; economic value added (the amount, if any, by which net operating income
after tax exceeds a reference cost of capital); EBITDA (as net income (loss) before net interest expense, provision (benefit) for
income taxes, and depreciation and amortization); expense targets; net income; earnings per share; share price; reductions in inventory;
inventory turns; on-time delivery performance; operating efficiency; productivity ratios; market share or change in market share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&#9;The Performance Goals may be measured with respect
to the Company or any one or more of its subsidiaries, divisions or affiliates, either in absolute terms or as compared to another
company or companies, or an index established or designated by the Plan administrator.&nbsp;&nbsp;The above terms will have the
same meaning as in the Company&rsquo;s financial statements, or if the terms are not used in the Company&rsquo;s financial statements,
as applied pursuant to generally accepted accounting principles, or as used in the industry, as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Performance Awards</I>.&nbsp;&nbsp;The
Plan administrator may grant performance awards to participants under such terms and conditions as the Plan administrator deems
appropriate.&nbsp;&nbsp;A performance award entitles a participant to receive a payment from the Company, the amount of which is
based upon the attainment of predetermined performance targets over a specified award period.&nbsp;&nbsp;Performance awards may
be paid in cash, shares of common stock or a combination thereof, as determined by the Plan administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Award periods will be established at the
discretion of the Plan administrator.&nbsp;&nbsp;The performance targets will also be determined by the Plan administrator.&nbsp;&nbsp;With
respect to participants subject to Section 162(m) of the Code, the applicable performance targets will be established, in the Plan
administrator&rsquo;s discretion, based on one or more of the Performance Goals.&rdquo;&nbsp;&nbsp;To the extent that a participant
is not subject to Section 162(m) of the Code, when circumstances occur that cause predetermined performance targets to be an inappropriate
measure of achievement, the Plan administrator, at its discretion, may adjust the performance targets or the amount or value of
the performance award.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Other Stock-Based Awards.</I>&nbsp;&nbsp;The
Plan administrator may grant equity-based or equity-related awards, referred to as &ldquo;other stock-based awards,&rdquo; other
than options, SARs, restricted shares, restricted units, or performance awards.&nbsp;&nbsp;The terms and conditions of each other
stock-based award will be determined by the Plan administrator.&nbsp;&nbsp;Payment under any other stock-based awards will be made
in common stock or cash, as determined by the Plan administrator.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Cash-Based Awards.</I>&nbsp;&nbsp;The
Plan administrator may grant cash-based incentive compensation awards, which would include performance-based annual cash incentive
compensation to be paid to covered employees subject to Section 162(m) of the Code.&nbsp;&nbsp;The terms and conditions of each
cash-based award will be determined by the Plan administrator.&nbsp;&nbsp;The following material terms will be applicable to performance-based
cash awards granted to covered executives subject to Section 162(m):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="font-size: 10pt">The class of persons covered consists of those senior executives of the Company who are from
time to time determined by the Plan administrator to be subject to Section 162(m) of the Code (the &ldquo;covered employees&rdquo;).</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="font-size: 10pt">The targets for annual incentive payments to covered employees will consist only of one or more
of the Performance Goals discussed under the section titled &ldquo;<I>Restricted Shares and Restricted Units</I>&rdquo; above.&nbsp;&nbsp;Use
of any other target will require ratification by the stockholders if failure to obtain such approval would jeopardize tax deductibility
of future incentive payments.&nbsp;&nbsp;Such performance targets will be established by the Plan administrator on a timely basis
to ensure that the targets are considered &ldquo;preestablished&rdquo; for purposes of Section 162(m) of the Code.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="font-size: 10pt">In administering the incentive program and determining incentive awards, the Plan administrator
will not have the flexibility to pay a covered employee more than the incentive amount indicated by his or her attainment of the
performance target under the applicable payment schedule.&nbsp;&nbsp;The Plan administrator will have the flexibility, based on
its business judgment, to reduce this amount.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD><FONT STYLE="font-size: 10pt">The cash incentive compensation feature of the Plan does not preclude the Board or the Committee
from approving other incentive compensation arrangements for covered employees.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Dividend Equivalents.</I>&nbsp;&nbsp;The
Plan administrator may provide for the payment of dividends or dividend equivalents with respect to any shares of common stock
subject to an award under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Eligibility and Limitation on Awards</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Plan administrator may grant awards
to any employee, director, consultant or other person providing services to the Company or its affiliates.&nbsp;&nbsp;To the extent
applicable, the total number of shares of authorized to be issued under the Plan shall be subject to Section 260.140.45 of Title
10 of the California Code of Regulations. The maximum awards that can be granted under the Plan to a single participant in any
calendar year will be 1 million shares of common stock (whether through grants of options or stock appreciation rights or other
awards of common stock or rights with respect thereto) or $1 million in the form of cash-based incentive awards.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Shares Subject to the Incentive Plan</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">An aggregate of 5,000,000 shares of the
Company&rsquo;s common stock is reserved for issuance and available for awards under the Plan, including incentive stock options
granted under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">With respect to awards made under the Plan,
shares of common stock underlying awards that are forfeited or canceled (as a result, for example, of the lapse of an option or
a forfeiture of restricted stock), as well as any shares surrendered to or withheld by the Company in payment or satisfaction of
the exercise price of a stock option or tax withholding obligations with respect to an award, will be available for additional
grants under the Plan.&nbsp;&nbsp;On the exercise of a SAR, only the number of shares actually issued will be counted against the
number of shares reserved for grant under the Plan.&nbsp;&nbsp;Shares to be issued or purchased under the Plan will be authorized
but unissued shares of common stock.&nbsp;&nbsp;Shares issued with respect to awards assumed by the Company in connection with
acquisitions do not count against the total number of shares available for new awards under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Anti-Dilution Protection</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the event of any corporate event or transaction
that results in a change in the capital structure of the Company, including a change resulting from a stock dividend or stock split,
or combination or reclassification of shares, the Plan administrator is empowered to make such equitable adjustments with respect
to awards or any provisions of the Plan as it deems necessary and appropriate, including, if necessary, any adjustments in the
maximum number of shares of common stock subject to the Plan, the number of shares of common stock subject to and the exercise
price of an outstanding award, or the maximum number of shares that may be subject to one or more awards granted to any one recipient
during a calendar year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Amendment and Termination</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board may at any time amend or terminate
the Plan, provided that no such action may be taken that adversely affects any rights or obligations with respect to any awards
theretofore made under the Plan without the consent of the recipient.&nbsp;&nbsp;No awards may be made under the Plan after the
tenth anniversary of its effective date.&nbsp;&nbsp;Certain provisions of the Plan relating to performance-based awards under Section
162(m) of the Code will expire on the fifth anniversary of the effective date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><U>Surrender of Awards and Authority to Reprice</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In its discretion, and on terms agreed to
between the Company and the participant, the Company may accept the surrender or cancellation of any award outstanding under the
Plan.&nbsp;&nbsp;In addition, without requiring shareholder approval, the Plan administrator may substitute or otherwise grant
a new award under the Plan in connection with the surrender or cancellation of an existing award, including the substitution or
grant of (i) an option or SAR with a lower exercise price than the option or SAR being surrendered, (ii) a different type of award
upon the surrender or cancellation of an option or SAR with an exercise price above the market value of the underlying stock on
the date of such substitution or grant, or (iii) any other award constituting a repricing of an option or SAR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 5.07&#9;<FONT STYLE="color: black">Submission of Matters
to a Vote of Security Holders.</FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On April 19, 2012, the holders of a majority of the shares of
the Company&rsquo;s common stock took action by written consent to approve the Company&rsquo;s 2012 Omnibus Incentive Plan (the
&ldquo;Plan&rdquo;).&nbsp;&nbsp;The Company&rsquo;s majority stockholder owning an aggregate of 40,000,000 shares, or 64.1% of
the issued and outstanding common stock of the Company, approved the matter.&nbsp;&nbsp;The Plan and corresponding plan agreements
are filed as Exhibits 10.1, 10.1(a), 10.1(b), 10.1(c) and 10.1(d) to this Current Report on Form 8-K.<FONT STYLE="font-size: 10pt">
</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item 9.01 (d) Exhibits:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="width: 11%; vertical-align: top; border-bottom: black 1pt solid">Exhibit&nbsp;No.</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 87%; vertical-align: top; border-bottom: black 1pt solid">Exhibit Description</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">10.1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">Empowered Products, Inc. 2012 Omnibus Incentive Plan.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">10.1(a)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">Form of Stock Option Agreement for. 2012 Omnibus Incentive Plan.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">10.1(b)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">Form of Restricted Stock Award Agreement for 2012 Omnibus Incentive Plan.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">10.1(c)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">Form of Restricted Stock Unit Award Agreement for 2012 Omnibus Incentive Plan.</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">10.1(d)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">Form of Stock Appreciate Right Award Agreement for 2012 Omnibus Incentive Plan.</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">_______</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><BR CLEAR="ALL" STYLE="page-break-before: always">
<B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 3in">Empowered Products, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 3in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: April 19, 2012</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 3in">By: <U> /s/ Scott Fraser &#9;</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 2in; text-indent: 3in">Name: Scott Fraser</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.5in; text-indent: -0.5in">Title: President and Chief Executive
Officer</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 3.5in; text-indent: -0.5in">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font-size: 10pt"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
[{"type": "8-K", "sequence": "1", "filename": "v310039_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 39008}]
{"company-data": {"conformed-name": "Empowered Products, Inc.", "cik": "0001483935", "assigned-sic": "2844", "irs-number": "270579647", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-54661", "film-number": "12771012"}, "business-address": {"street1": "3367 WEST OQUENDO ROAD", "city": "LAS VEGAS", "state": "NV", "zip": "89118", "phone": "800-929-0407"}, "mail-address": {"street1": "3367 WEST OQUENDO ROAD", "city": "LAS VEGAS", "state": "NV", "zip": "89118"}, "former-company": {"former-conformed-name": "On Time Filings, Inc.", "date-changed": "20100211"}}
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date
of earliest event reported): April 16, 2012
Empowered Products, Inc.
(Exact Name of Registrant as Specified in
Its Charter)
Nevada
333-165917
27-0579647
(State or Other Jurisdiction
(Commission File Number)
(IRS Employer Identification No.)
of Incorporation)
3367 West Oquendo Road, Las Vegas, Nevada
89118
(Address, including zip code, off principal
executive offices)
Registrant's telephone number, including
area code
800-929-0407
________________________________________________________
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (
see
General Instruction A.2. below):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)
Item 5.02
Departure of Directors of Certain officers;
election of Directors; Appointment of Certain officers; Compensatory Arrangements of Certain Officers
On April 19, 2012, the stockholders of Empowered
Products, Inc. (the "Company") approved the Company's 2012 Omnibus Incentive Plan (the "Plan").  The
board of directors of the Company (the "Board") previously approved the Plan on April 16, 2012. The principal terms
and features of the Plan are summarized below. The following summary is qualified in its entirety by the Plan, which is filed as
Exhibit 10.1 to this Current Report on Form 8-K, and the plan agreements, which are filed as Exhibits 10.1(a), 10.1(b), 10.1(c)
and 10.1(d) to this Current Report on Form 8-K.
Administration
The Plan shall be administered by the Board
or by a committee of the Board consisting of not less than two (2) directors (the "Committee"). The Plan administrator
has the authority to determine, within the limits of the express provisions of the Plan, the individuals to whom awards will be
granted, the nature, amount and terms of such awards and the objectives and conditions for earning such awards.  The
Committee generally has discretion to delegate its authority under the Plan to another committee of the Board or a subcommittee,
or to such other party or parties, including officers of the Company, as the Committee deems appropriate.
Types of Awards
Awards under the Incentive Plan may include
incentive stock options, nonqualified stock options, stock appreciation rights ("SARs"), restricted shares of common
stock, restricted stock units, performance share or unit awards, other stock-based awards and cash-based incentive awards.
Stock Options
.  The Plan
administrator may grant to a participant options to purchase Company common stock that qualify as incentive stock options for purposes
of Section 422 of the Internal Revenue Code ("incentive stock options"), options that do not qualify as incentive stock
options ("non-qualified stock options") or a combination thereof.  The terms and conditions of stock option
grants, including the quantity, price, vesting periods, and other conditions on exercise will be determined by the Plan administrator.
The exercise price for stock options will
be determined by the Plan administrator in its discretion, but non-qualified stock options and incentive stock options may not
be less than 100% of the fair market value of one share of the Company's common stock on the date when the stock option is
granted.  Additionally, in the case of incentive stock options granted to a holder of more than 10% of the total combined
voting power of all classes of stock of the Company on the date of grant, the exercise price may not be less than 110% of the fair
market value of one share of common stock on the date the stock option is granted.
Stock options must be exercised within a
period fixed by the Plan administrator that may not exceed ten years from the date of grant, except that in the case of incentive
stock options granted to a holder of more than 10% of the total combined voting power of all classes of stock of the Company on
the date of grant, the exercise period may not exceed five years.  The Plan provides for earlier termination of stock
options upon the participant's termination of service, unless extended by the Plan administrator, but in no event may the
options be exercised after the scheduled expiration date of the options.
At the Plan administrator's discretion,
payment for shares of common stock on the exercise of stock options may be made in cash, shares of the Company's common stock
held by the participant or in any other form of consideration acceptable to the Plan administrator (including one or more forms
of "cashless" or "net" exercise).
Stock Appreciation Rights
.  The
Plan administrator may grant to a participant an award of SARs, which entitles the participant to receive, upon its exercise, a
payment equal to (i) the excess of the fair market value of a share of common stock on the exercise date over the SAR exercise
price, times (ii) the number of shares of common stock with respect to which the SAR is exercised.
The exercise price for a SAR will be determined
by the Plan administrator in its discretion; provided, however, that in no event shall the exercise price be less than the fair
market value of our common stock on the date of grant.  Upon exercise of a SAR, payment may be made in cash, shares of
the Company's common stock held by the participant or in any other form of consideration acceptable to the Plan administrator
(including one or more forms of "cashless" exercise).  SARs must be exercised within a period fixed by the
Plan administrator that may not exceed ten years from the date of grant.
2
Restricted Shares and Restricted Units
.  The
Plan administrator may award to a participant shares of common stock subject to specified restrictions ("restricted shares").  Restricted
shares are subject to forfeiture if the participant does not meet certain conditions such as continued employment over a specified
forfeiture period and/or the attainment of specified performance targets over the forfeiture period.
The Plan administrator also may award to
a participant units representing the right to receive shares of common stock in the future subject to the achievement of one or
more goals relating to the completion of service by the participant and/or the achievement of performance or other objectives ("restricted
units").  The terms and conditions of restricted share and restricted unit awards are determined by the Plan administrator.
For participants who are subject to Section
162(m) of the Internal Revenue Code (the "Code"), the performance targets described in the preceding two paragraphs
may be established by the Plan administrator, in its discretion, based on one or more of the following measures (the "Performance
Goals"): revenues; units sold or growth in units sold; return on stockholders' equity; customer satisfaction or retention;
return on investment or working capital; operating income; economic value added (the amount, if any, by which net operating income
after tax exceeds a reference cost of capital); EBITDA (as net income (loss) before net interest expense, provision (benefit) for
income taxes, and depreciation and amortization); expense targets; net income; earnings per share; share price; reductions in inventory;
inventory turns; on-time delivery performance; operating efficiency; productivity ratios; market share or change in market share.
The Performance Goals may be measured with respect
to the Company or any one or more of its subsidiaries, divisions or affiliates, either in absolute terms or as compared to another
company or companies, or an index established or designated by the Plan administrator.  The above terms will have the
same meaning as in the Company's financial statements, or if the terms are not used in the Company's financial statements,
as applied pursuant to generally accepted accounting principles, or as used in the industry, as applicable.
Performance Awards
.  The
Plan administrator may grant performance awards to participants under such terms and conditions as the Plan administrator deems
appropriate.  A performance award entitles a participant to receive a payment from the Company, the amount of which is
based upon the attainment of predetermined performance targets over a specified award period.  Performance awards may
be paid in cash, shares of common stock or a combination thereof, as determined by the Plan administrator.
Award periods will be established at the
discretion of the Plan administrator.  The performance targets will also be determined by the Plan administrator.  With
respect to participants subject to Section 162(m) of the Code, the applicable performance targets will be established, in the Plan
administrator's discretion, based on one or more of the Performance Goals."  To the extent that a participant
is not subject to Section 162(m) of the Code, when circumstances occur that cause predetermined performance targets to be an inappropriate
measure of achievement, the Plan administrator, at its discretion, may adjust the performance targets or the amount or value of
the performance award.
Other Stock-Based Awards.
The
Plan administrator may grant equity-based or equity-related awards, referred to as "other stock-based awards," other
than options, SARs, restricted shares, restricted units, or performance awards.  The terms and conditions of each other
stock-based award will be determined by the Plan administrator.  Payment under any other stock-based awards will be made
in common stock or cash, as determined by the Plan administrator.
Cash-Based Awards.
The
Plan administrator may grant cash-based incentive compensation awards, which would include performance-based annual cash incentive
compensation to be paid to covered employees subject to Section 162(m) of the Code.  The terms and conditions of each
cash-based award will be determined by the Plan administrator.  The following material terms will be applicable to performance-based
cash awards granted to covered executives subject to Section 162(m):
·
The class of persons covered consists of those senior executives of the Company who are from
time to time determined by the Plan administrator to be subject to Section 162(m) of the Code (the "covered employees").
·
The targets for annual incentive payments to covered employees will consist only of one or more
of the Performance Goals discussed under the section titled "
Restricted Shares and Restricted Units
" above.  Use
of any other target will require ratification by the stockholders if failure to obtain such approval would jeopardize tax deductibility
of future incentive payments.  Such performance targets will be established by the Plan administrator on a timely basis
to ensure that the targets are considered "preestablished" for purposes of Section 162(m) of the Code.
3
·
In administering the incentive program and determining incentive awards, the Plan administrator
will not have the flexibility to pay a covered employee more than the incentive amount indicated by his or her attainment of the
performance target under the applicable payment schedule.  The Plan administrator will have the flexibility, based on
its business judgment, to reduce this amount.
·
The cash incentive compensation feature of the Plan does not preclude the Board or the Committee
from approving other incentive compensation arrangements for covered employees.
Dividend Equivalents.
The
Plan administrator may provide for the payment of dividends or dividend equivalents with respect to any shares of common stock
subject to an award under the Plan.
Eligibility and Limitation on Awards
The Plan administrator may grant awards
to any employee, director, consultant or other person providing services to the Company or its affiliates.  To the extent
applicable, the total number of shares of authorized to be issued under the Plan shall be subject to Section 260.140.45 of Title
10 of the California Code of Regulations. The maximum awards that can be granted under the Plan to a single participant in any
calendar year will be 1 million shares of common stock (whether through grants of options or stock appreciation rights or other
awards of common stock or rights with respect thereto) or $1 million in the form of cash-based incentive awards.
Shares Subject to the Incentive Plan
An aggregate of 5,000,000 shares of the
Company's common stock is reserved for issuance and available for awards under the Plan, including incentive stock options
granted under the Plan.
With respect to awards made under the Plan,
shares of common stock underlying awards that are forfeited or canceled (as a result, for example, of the lapse of an option or
a forfeiture of restricted stock), as well as any shares surrendered to or withheld by the Company in payment or satisfaction of
the exercise price of a stock option or tax withholding obligations with respect to an award, will be available for additional
grants under the Plan.  On the exercise of a SAR, only the number of shares actually issued will be counted against the
number of shares reserved for grant under the Plan.  Shares to be issued or purchased under the Plan will be authorized
but unissued shares of common stock.  Shares issued with respect to awards assumed by the Company in connection with
acquisitions do not count against the total number of shares available for new awards under the Plan.
Anti-Dilution Protection
In the event of any corporate event or transaction
that results in a change in the capital structure of the Company, including a change resulting from a stock dividend or stock split,
or combination or reclassification of shares, the Plan administrator is empowered to make such equitable adjustments with respect
to awards or any provisions of the Plan as it deems necessary and appropriate, including, if necessary, any adjustments in the
maximum number of shares of common stock subject to the Plan, the number of shares of common stock subject to and the exercise
price of an outstanding award, or the maximum number of shares that may be subject to one or more awards granted to any one recipient
during a calendar year.
Amendment and Termination
The Board may at any time amend or terminate
the Plan, provided that no such action may be taken that adversely affects any rights or obligations with respect to any awards
theretofore made under the Plan without the consent of the recipient.  No awards may be made under the Plan after the
tenth anniversary of its effective date.  Certain provisions of the Plan relating to performance-based awards under Section
162(m) of the Code will expire on the fifth anniversary of the effective date.
Surrender of Awards and Authority to Reprice
In its discretion, and on terms agreed to
between the Company and the participant, the Company may accept the surrender or cancellation of any award outstanding under the
Plan.  In addition, without requiring shareholder approval, the Plan administrator may substitute or otherwise grant
a new award under the Plan in connection with the surrender or cancellation of an existing award, including the substitution or
grant of (i) an option or SAR with a lower exercise price than the option or SAR being surrendered, (ii) a different type of award
upon the surrender or cancellation of an option or SAR with an exercise price above the market value of the underlying stock on
the date of such substitution or grant, or (iii) any other award constituting a repricing of an option or SAR.
4
Item 5.07
Submission of Matters
to a Vote of Security Holders.
On April 19, 2012, the holders of a majority of the shares of
the Company's common stock took action by written consent to approve the Company's 2012 Omnibus Incentive Plan (the
"Plan").  The Company's majority stockholder owning an aggregate of 40,000,000 shares, or 64.1% of
the issued and outstanding common stock of the Company, approved the matter.  The Plan and corresponding plan agreements
are filed as Exhibits 10.1, 10.1(a), 10.1(b), 10.1(c) and 10.1(d) to this Current Report on Form 8-K.
Item 9.01 (d) Exhibits:
Exhibit No.
Exhibit Description
10.1
Empowered Products, Inc. 2012 Omnibus Incentive Plan.
10.1(a)
Form of Stock Option Agreement for. 2012 Omnibus Incentive Plan.
10.1(b)
Form of Restricted Stock Award Agreement for 2012 Omnibus Incentive Plan.
10.1(c)
Form of Restricted Stock Unit Award Agreement for 2012 Omnibus Incentive Plan.
10.1(d)
Form of Stock Appreciate Right Award Agreement for 2012 Omnibus Incentive Plan.
_______
5
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Empowered Products, Inc.
Date: April 19, 2012
By:
/s/ Scott Fraser
Name: Scott Fraser
Title: President and Chief Executive
Officer
6