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      <div>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>UNITED
        STATES</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>SECURITIES
        AND EXCHANGE COMMISSION</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Washington,
        D.C. 20549</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FORM
        8-K</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>__________________________</u></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>CURRENT
        REPORT</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>PURSUANT
        TO SECTION 13 OR 15(d) OF THE</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>SECURITIES
        EXCHANGE ACT OF 1934</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Date
        of
        Report (date of earliest event reported): August 2, 2007</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>__________________________</u></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FIREPOND,
        INC.</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Exact
        Name of Registrant as Specified in its Charter)</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>__________________________</u></font></div>
      <div><br></div>
      <div><br></div>
      <div align="center">
        <table cellpadding="0" cellspacing="0" width="80%">
  
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              <td valign="top" width="27%" style="BORDER-TOP: #000000 0.75pt outset; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>Delaware</strong></font></div>
              </td>
              <td valign="top" width="27%" style="BORDER-TOP: #000000 0.75pt outset; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>000-28515</strong></font></div>
              </td>
              <td valign="top" width="19%" style="BORDER-TOP: #000000 0.75pt outset; BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><strong>20-3446646</strong></font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(State
                  or Other Jurisdiction of</font></div>
              </td>
              <td valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(Commission
                  File Number)</font></div>
              </td>
              <td valign="top" width="19%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">(I.R.S.
                  Employer</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Incorporation
                  or Organization)</font></div>
              </td>
              <td align="left" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td valign="top" width="19%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Identification
                  No.)</font></div>
              </td>
            </tr>
  
        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>181
        Wells Avenue, Suite 100, Newton, Massachusetts 02459</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Address
        of Principal Executive Offices) (Zip Code)</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(617)
        928-6001</strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(Registrant&#8217;s
        telephone number,</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">including
        area code)</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>__________________________</u></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">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:</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;">Written
        communications pursuant to Rule
        425 under the Securities Act (17 CFR 230.425)</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;">Soliciting
        material pursuant to Rule
        14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;">Pre-commencement
        communications
        pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
        240.14d-2(b))</font></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;">Pre-commencement
        communications
        pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
        240.13e-4(c))</font></font><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          </div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Item
        1.01</strong></font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Entry
        into a Material
        Definitive Agreement.</strong></font></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
        August
        2, 2007 (the &#8220;Closing Date&#8221;), Firepond, Inc., a Delaware corporation
        (formerly&#160;known as FP Technology, Inc.)&#160;(the &#8220;Company&#8221;), entered into
        a Securities Purchase Agreement (the &#8220;Securities Purchase Agreement&#8221;)
        with&#160;certain institutional investors&#160;(the &#8220;Purchasers&#8221;). Pursuant to
        the Securities Purchase Agreement, effective August 2, 2007, the Company
        received $3,000,000 in connection with the sale and issuance of the
        following:</font></div>
      <div><br></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
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                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: symbol, serif;">&#183;</font></div>
              </td>
              <td align="left" valign="top" width="60%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">A
                  new issue of Senior Secured Subordinated Notes Due May 2008 (the
                  &#8220;Subordinated Notes&#8221;) in the aggregate principal amount of $3,337,500 (the
                  &#8220;Outstanding Amount&#8221;), reflecting the $3,000,000 advance to the Company,
                  plus&#160;accrued interest through the earlier of (i) May 2, 2009
                  and&#160;(ii) 5 calendar days after the closing of a transaction (or
                  series of transactions) for the sale by the Company of equity securities
                  or securities exercisable, convertible or exchangeable into equity
                  securities, resulting in gross proceeds to the Company in excess
                  of $5
                  million (the &#8220;Maturity Date&#8221;); and</font></div>
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      </div>
      <div><br></div>
      <div><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
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              <td align="right" valign="top" width="12%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: symbol, serif;">&#183;</font></div>
              </td>
              <td align="left" valign="top" width="60%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">125,000
                  shares of the Company&#8217;s Common Stock, par value $.001 per share (the &#8220;New
                  Shares&#8221;).</font></div>
              </td>
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        </table>
      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        indebtedness evidenced by the Subordinated Notes is senior secured subordinated
        indebtedness of the Company, and ranks superior to the Company&#8217;s other
        indebtedness, except the Company&#8217;s existing Senior Secured Convertible Notes due
        January 2009 (the &#8220;Senior Convertible Notes&#8221;). As security for the Company&#8217;s
        obligations under the Securities Purchase Agreement, the Company executed a
        Security Agreement dated as of August 2, 2007 (the &#8220;Security Agreement&#8221;),
        pursuant to which the Company granted a security interest in all of its assets
        in favor of Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated
        Portfolio, a Cayman Islands segregated portfolio company, in its capacity as
        collateral agent for the holders of the Subordinated Notes (the &#8220;Collateral
        Agent&#8221;).</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
        to the Securities Purchase Agreement,&#160; if at any time during the two (2)
        year period following the Closing Date there is not an effective registration
        statement covering all of the New Shares and any securities issued or issuable
        upon any stock split, dividend or other distribution, recapitalization or
        similar event in respect of the foregoing and the Company files with the SEC
        a
        registration statement relating to an offering for its own account or the
        account of others under the Securities Act of 1933, as amended (the &#8220;Securities
        Act&#8221;), of any of its equity securities, other than (x) on Form S-4 or Form
        S-8&#160;&#160;or their then equivalents relating to equity securities to be
        issued solely in connection with any acquisition of any entity or business
        or
        equity securities issuable in connection with stock option or other employee
        benefit plans or (y) on Form SB-2, Form S-3 or such other applicable form
        pursuant to a bona fide firm commitment underwritten public offering with a
        nationally recognized underwriter which generates gross proceeds to the Company
        in excess of $5,000,000 (other than an "at the market" offering as defined
        in
        Rule 415(a)(4) under the 1933 Act, and "equity lines"), then the Company shall
        provide each Purchaser the opportunity to include all or any part of their
        New
        Shares in such registration statement.</font></div>
      <div><br></div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt;">-1-</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Additional
        Terms of the Subordinated Notes</u></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following are certain additional material terms of the Subordinated Notes
        (capitalized terms used but not defined in the following discussion have the
        meanings ascribed to such terms in the Securities Purchase
        Agreement):</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
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              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">1.&#160;&#160;</font></div>
              </td>
              <td align="left" valign="top" width="66%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Interest
                  Rate. Interest on the Subordinated Notes accrues at&#160;a rate of 15% per
                  annum.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">2.&#160;&#160;</font></div>
              </td>
              <td align="left" valign="top" width="66%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Repurchase
                  at the Option of the Purchaser Upon a&#160; Change in Control. The Company
                  may become obligated, at the option of each Purchaser, to repurchase
                  the
                  Subordinated Notes if a Change in Control (as defined in the Subordinated
                  Notes) occurs at any time prior to the Maturity Date, at 110% of
                  the
                  Outstanding Amount being redeemed.</font></div>
              </td>
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        </table>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td align="right" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">3.&#160;&#160;</font></div>
              </td>
              <td align="left" valign="top" width="66%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Event
                  of Default. If an Event of Default will occur and be continuing,
                  the
                  Outstanding Amount plus accrued and unpaid interest, if any, through
                  such
                  date on all the Subordinated Notes may be declared due and payable
                  in the
                  manner and with the effect provided in the Subordinated
                  Notes.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        securities issued under the Securities Purchase Agreement were not registered
        under the Securities Act in reliance upon the exemption from registration
        provided by Rule 506 of Regulation D promulgated thereunder, based upon the
        representations and warranties provided by the Purchasers in the Securities
        Purchase Agreement.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">All
        of
        the holders of the Senior Convertible Notes outstanding&#160;on the date of the
        Securities Purchase Agreement&#160;consented to a &#160;Supplemental Indenture
        No. 1, dated August 2, 2007 (&#8220;Supplemental Indenture No. 1&#8221;), to the Indenture,
        dated as of January 24, 2007 (the &#8220;Indenture&#8221;), between the Company and The Bank
        of New York, as trustee (&#8220;Trustee&#8221;) for the Senior Convertible Notes to
        authorize the issuance of the securities under the Securities Purchase
        Agreement, including the Subordinated Notes and the New Shares.&#160;&#160;The
        Trustee and the Collateral Agent also entered into an Intercreditor and
        Subordination Agreement, dated as of August 2, 2007.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">The
        following agreements are attached as exhibits to this Report: (i) Securities
        Purchase Agreement; (ii)&#160;form of Subordinated Note; (iii)&#160;Security
        Agreement; (iv) Supplemental Indenture No. 1, and (v) Intercreditor and
        Subordination Agreement. The foregoing descriptions of these agreements are
        summary only and are qualified in their entirety by reference to the copies
        thereof attached hereto as exhibits.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Item
        2.03
  </strong></font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Creation
        of a Direct Financial
        Obligation or an Obligation under an Off-Balance Sheet Arrangement of a
        Registrant.</strong></font></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Reference
        is made to the disclosure set forth under Item 1.01 above, which is incorporated
        herein by reference.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Item
        3.02</strong></font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Unregistered
        Sales of Equity
        Securities.</strong></font></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Reference
        is made to the disclosure set forth under Item 1.01 above, which is incorporated
        herein by reference.</font></div>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Item
        9.01
  </strong></font>&#160;<font style="DISPLAY: inline; FONT-SIZE: 10pt;"><strong>Financial
        Statements and
        Exhibits.</strong></font></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(d)
        Exhibit index.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td valign="top" width="17%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Exhibit
                  No.</font></div>
              </td>
              <td align="left" valign="top" width="55%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Description</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><font style="DISPLAY: inline; FONT-SIZE: 10pt;"><a href="ex99-1.htm">99.1</a></font>&#160;&#160;</font></div>
              </td>
              <td align="left" valign="top" width="55%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Securities
                  Purchase Agreement, dated as of August 2, 2007, by and among the
                  Registrant and the Purchasers.</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><a href="ex99-2.htm"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">99.2</font>&#160;</a>&#160;</font></div>
              </td>
              <td align="left" valign="top" width="55%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Form
                  of Senior Secured Subordinated Note, dated as of August 2, 2007,
                  between
                  the Registrant and each respective Purchaser.</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><a href="ex99-3.htm"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">99.3</font>&#160;</a>&#160;</font></div>
              </td>
              <td align="left" valign="top" width="55%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Security
                  Agreement, dated as of August 2, 2007, between the Registrant and
                  Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio,
                  a Cayman Islands segregated portfolio company, in its capacity as
                  collateral agent for the holders of the Subordinated
                  Notes.</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><a href="ex99-4.htm"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">99.4</font>&#160;</a>&#160;</font></div>
              </td>
              <td align="left" valign="top" width="55%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Supplemental
                  Indenture No.1, dated as of August 2, 2007, between the Registrant
                  and The
                  Bank of New York, as Trustee.</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="17%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;"><a href="ex99-5.htm"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">99.5</font>&#160;</a>&#160;</font></div>
              </td>
              <td align="left" valign="top" width="55%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">Intercreditor
                  and Subordination Agreement, dated as of August 2, 2007, between
                  The Bank
                  of New York, as collateral agent under the Indenture dated January
                  24,
                  2007,&#160;and Radcliffe SPC, Ltd. for and on behalf of the Class A
                  Segregated Portfolio, a Cayman Islands segregated portfolio company,
                  in
                  its capacity as collateral agent for the holders of the Subordinated
                  Notes.</font></div>
              </td>
            </tr>
  
        </table>
      </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt;">-2-</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
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      </div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>SIGNATURES</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Pursuant
        to the requirements of the Securities Exchange Act of 1934, as amended, the
        registrant has duly caused this report to be signed on its behalf by the
        undersigned thereunto duly authorized.</font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div><br></div>
      <div>
        <table border="0" cellpadding="0" cellspacing="0" width="100%">
  
            <tr>
              <td valign="top" width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td colspan="2" valign="top" width="38%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">FIRPOND,
                INC.</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
            </tr>
            <tr>
              <td valign="top" width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="35%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
            </tr>
            <tr>
              <td align="left" valign="top" width="50%" style="BORDER-BOTTOM: #ffffff solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">Date:&#160;
                  August 6, 2007</font></div>
              </td>
              <td valign="top" width="3%" style="BORDER-BOTTOM: #ffffff solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">By:
                  </font></div>
              </td>
              <td align="left" nowrap valign="top" width="35%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">/s/&#160;
                Stephen Peary</font></td>
              <td valign="top" width="12%" style="BORDER-BOTTOM: #ffffff solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
            </tr>
            <tr>
              <td valign="top" width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td align="left" nowrap valign="bottom" width="35%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">Stephen
                Peary</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
            </tr>
            <tr>
              <td valign="top" width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="35%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">Chief
                Financial
                Officer&#160;</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
            </tr>
            <tr>
              <td valign="top" width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="3%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="35%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
              <td valign="top" width="12%"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">&#160;</font></td>
            </tr>
  
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "form8-k.htm", "description": "FIREPOND, INC FORM 8-K BRIDGE LOAN", "secsgml_size_bytes": 38353}]
metadata_filer: {"company-data": {"conformed-name": "Firepond, Inc.", "cik": "0001012316", "assigned-sic": "7310", "irs-number": "841249735", "state-of-incorporation": "DE", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-28515", "film-number": "071031307"}, "business-address": {"street1": "181 WELLS AVENUE", "street2": "SUITE 100", "city": "NEWTON,", "state": "MA", "zip": "02459", "phone": "(617) 928-6001"}, "mail-address": {"street1": "181 WELLS AVENUE", "street2": "SUITE 100", "city": "NEWTON,", "state": "MA", "zip": "02459"}, "former-company": [{"former-conformed-name": "FP Technology, Inc.", "date-changed": "20060705"}, {"former-conformed-name": "AFG Enterprises USA, Inc.", "date-changed": "20050809"}, {"former-conformed-name": "IN STORE MEDIA SYSTEMS INC", "date-changed": "19991210"}]}
text: form8-k.htm
  UNITED
        STATES
  SECURITIES
        AND EXCHANGE COMMISSION
  Washington,
        D.C. 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): August 2, 2007
  __________________________
  FIREPOND,
        INC.
  (Exact
        Name of Registrant as Specified in its Charter)
  __________________________
  Delaware
  000-28515
  20-3446646
  (State
                  or Other Jurisdiction of
  (Commission
                  File Number)
  (I.R.S.
                  Employer
  Incorporation
                  or Organization)
  Identification
                  No.)
  181
        Wells Avenue, Suite 100, Newton, Massachusetts 02459
  (Address
        of Principal Executive Offices) (Zip Code)
  (617)
        928-6001
  (Registrant's
        telephone number,
  including
        area code)
  __________________________
  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:
  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
        1.01
  Entry
        into a Material
        Definitive Agreement.
  On
        August
        2, 2007 (the "Closing Date"), Firepond, Inc., a Delaware corporation
        (formerly known as FP Technology, Inc.) (the "Company"), entered into
        a Securities Purchase Agreement (the "Securities Purchase Agreement")
        with certain institutional investors (the "Purchasers"). Pursuant to
        the Securities Purchase Agreement, effective August 2, 2007, the Company
        received $3,000,000 in connection with the sale and issuance of the
        following:
  ·
  A
                  new issue of Senior Secured Subordinated Notes Due May 2008 (the
                  "Subordinated Notes") in the aggregate principal amount of $3,337,500 (the
                  "Outstanding Amount"), reflecting the $3,000,000 advance to the Company,
                  plus accrued interest through the earlier of (i) May 2, 2009
                  and (ii) 5 calendar days after the closing of a transaction (or
                  series of transactions) for the sale by the Company of equity securities
                  or securities exercisable, convertible or exchangeable into equity
                  securities, resulting in gross proceeds to the Company in excess
                  of $5
                  million (the "Maturity Date"); and
  ·
  125,000
                  shares of the Company's Common Stock, par value $.001 per share (the "New
                  Shares").
  The
        indebtedness evidenced by the Subordinated Notes is senior secured subordinated
        indebtedness of the Company, and ranks superior to the Company's other
        indebtedness, except the Company's existing Senior Secured Convertible Notes due
        January 2009 (the "Senior Convertible Notes"). As security for the Company's
        obligations under the Securities Purchase Agreement, the Company executed a
        Security Agreement dated as of August 2, 2007 (the "Security Agreement"),
        pursuant to which the Company granted a security interest in all of its assets
        in favor of Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated
        Portfolio, a Cayman Islands segregated portfolio company, in its capacity as
        collateral agent for the holders of the Subordinated Notes (the "Collateral
        Agent").
  Pursuant
        to the Securities Purchase Agreement,  if at any time during the two (2)
        year period following the Closing Date there is not an effective registration
        statement covering all of the New Shares and any securities issued or issuable
        upon any stock split, dividend or other distribution, recapitalization or
        similar event in respect of the foregoing and the Company files with the SEC
        a
        registration statement relating to an offering for its own account or the
        account of others under the Securities Act of 1933, as amended (the "Securities
        Act"), of any of its equity securities, other than (x) on Form S-4 or Form
        S-8  or their then equivalents relating to equity securities to be
        issued solely in connection with any acquisition of any entity or business
        or
        equity securities issuable in connection with stock option or other employee
        benefit plans or (y) on Form SB-2, Form S-3 or such other applicable form
        pursuant to a bona fide firm commitment underwritten public offering with a
        nationally recognized underwriter which generates gross proceeds to the Company
        in excess of $5,000,000 (other than an "at the market" offering as defined
        in
        Rule 415(a)(4) under the 1933 Act, and "equity lines"), then the Company shall
        provide each Purchaser the opportunity to include all or any part of their
        New
        Shares in such registration statement.
  -1-
  Additional
        Terms of the Subordinated Notes
  The
        following are certain additional material terms of the Subordinated Notes
        (capitalized terms used but not defined in the following discussion have the
        meanings ascribed to such terms in the Securities Purchase
        Agreement):
  1.
  Interest
                  Rate. Interest on the Subordinated Notes accrues at a rate of 15% per
                  annum.
  2.
  Repurchase
                  at the Option of the Purchaser Upon a  Change in Control. The Company
                  may become obligated, at the option of each Purchaser, to repurchase
                  the
                  Subordinated Notes if a Change in Control (as defined in the Subordinated
                  Notes) occurs at any time prior to the Maturity Date, at 110% of
                  the
                  Outstanding Amount being redeemed.
  3.
  Event
                  of Default. If an Event of Default will occur and be continuing,
                  the
                  Outstanding Amount plus accrued and unpaid interest, if any, through
                  such
                  date on all the Subordinated Notes may be declared due and payable
                  in the
                  manner and with the effect provided in the Subordinated
                  Notes.
  The
        securities issued under the Securities Purchase Agreement were not registered
        under the Securities Act in reliance upon the exemption from registration
        provided by Rule 506 of Regulation D promulgated thereunder, based upon the
        representations and warranties provided by the Purchasers in the Securities
        Purchase Agreement.
  All
        of
        the holders of the Senior Convertible Notes outstanding on the date of the
        Securities Purchase Agreement consented to a  Supplemental Indenture
        No. 1, dated August 2, 2007 ("Supplemental Indenture No. 1"), to the Indenture,
        dated as of January 24, 2007 (the "Indenture"), between the Company and The Bank
        of New York, as trustee ("Trustee") for the Senior Convertible Notes to
        authorize the issuance of the securities under the Securities Purchase
        Agreement, including the Subordinated Notes and the New Shares.  The
        Trustee and the Collateral Agent also entered into an Intercreditor and
        Subordination Agreement, dated as of August 2, 2007.
  The
        following agreements are attached as exhibits to this Report: (i) Securities
        Purchase Agreement; (ii) form of Subordinated Note; (iii) Security
        Agreement; (iv) Supplemental Indenture No. 1, and (v) Intercreditor and
        Subordination Agreement. The foregoing descriptions of these agreements are
        summary only and are qualified in their entirety by reference to the copies
        thereof attached hereto as exhibits.
  Item
        2.03
  Creation
        of a Direct Financial
        Obligation or an Obligation under an Off-Balance Sheet Arrangement of a
        Registrant.
  Reference
        is made to the disclosure set forth under Item 1.01 above, which is incorporated
        herein by reference.
  Item
        3.02
  Unregistered
        Sales of Equity
        Securities.
  Reference
        is made to the disclosure set forth under Item 1.01 above, which is incorporated
        herein by reference.
  Item
        9.01
  Financial
        Statements and
        Exhibits.
  (d)
        Exhibit index.
  Exhibit
                  No.
  Description
  99.1
  Securities
                  Purchase Agreement, dated as of August 2, 2007, by and among the
                  Registrant and the Purchasers.
  99.2
  Form
                  of Senior Secured Subordinated Note, dated as of August 2, 2007,
                  between
                  the Registrant and each respective Purchaser.
  99.3
  Security
                  Agreement, dated as of August 2, 2007, between the Registrant and
                  Radcliffe SPC, Ltd. for and on behalf of the Class A Segregated Portfolio,
                  a Cayman Islands segregated portfolio company, in its capacity as
                  collateral agent for the holders of the Subordinated
                  Notes.
  99.4
  Supplemental
                  Indenture No.1, dated as of August 2, 2007, between the Registrant
                  and The
                  Bank of New York, as Trustee.
  99.5
  Intercreditor
                  and Subordination Agreement, dated as of August 2, 2007, between
                  The Bank
                  of New York, as collateral agent under the Indenture dated January
                  24,
                  2007, and Radcliffe SPC, Ltd. for and on behalf of the Class A
                  Segregated Portfolio, a Cayman Islands segregated portfolio company,
                  in
                  its capacity as collateral agent for the holders of the Subordinated
                  Notes.
  -2-
  SIGNATURES
  Pursuant
        to the requirements of the Securities Exchange Act of 1934, as amended, the
        registrant has duly caused this report to be signed on its behalf by the
        undersigned thereunto duly authorized.
  FIRPOND,
                INC.
  Date: 
                  August 6, 2007
  By:
  /s/ 
                Stephen Peary
  Stephen
                Peary
  Chief
                Financial
                Officer
  -3-