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<TITLE>Knight Inc. Form 8-K</TITLE>
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<DIV style="width:624px"><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549<BR>
<BR>
FORM 8-K<BR>
<BR>
CURRENT REPORT<BR>
<BR>
</B>Pursuant to Section 13 or 15(d) of<BR>
the Securities Exchange Act of 1934<BR>
<BR>
Date of Report (Date of earliest event reported):&nbsp;&nbsp;July 17, 2007<BR>
<BR>
<B>KNIGHT INC.<BR>
</B>(Exact name of registrant as specified in its charter)<BR>
</P>
<TABLE style="font-size:13.333px" cellspacing=0 align=center><TR><TD width=208></TD><TD width=208></TD><TD width=208></TD></TR>
<TR><TD valign=top width=208><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><BR>
<B>Kansas<BR>
</B>(State or other jurisdiction<BR>
of incorporation)</P>
</TD><TD valign=top width=208><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><BR>
<B>1-06446<BR>
</B>(Commission<BR>
File Number)</P>
</TD><TD valign=top width=208><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><BR>
<B>48-0290000<BR>
</B>(I.R.S. Employer<BR>
Identification No.)</P>
</TD></TR>
</TABLE>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center><BR>
<BR>
500 Dallas Street, Suite 1000<BR>
Houston, Texas 77002<BR>
(Address of principal executive offices, including zip code)<BR>
<BR>
<BR>
713-369-9000<BR>
(Registrant's telephone number, including area code)<BR>
<BR>
</P>
<P style="margin:0px; font-size:16px" align=justify>&nbsp;&nbsp;</P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=justify>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:</P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:18.667px; margin:0px; font-family:Wingdings; font-size:16px" align=justify><FONT FACE="Wingdings">o</FONT><FONT FACE="Times New Roman"> Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:18.667px; margin:0px; font-family:Wingdings; font-size:16px" align=justify>o<FONT FACE="Times New Roman"> Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:18.667px; margin:0px; padding-left:18px; text-indent:-18px; font-family:Wingdings; font-size:16px" align=justify>o<FONT FACE="Times New Roman"> Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:18.667px; margin:0px; padding-left:18px; text-indent:-18px; font-family:Wingdings; font-size:16px" align=justify>o<FONT FACE="Times New Roman"> Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; padding-left:78px; text-indent:-78px; font-size:16px; page-break-before:always"><FONT FACE="Times New Roman"><B>Item 1.01. &nbsp;Entry Into a Material Definitive Agreement.</B></FONT></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:16px" align=justify>On July 17, 2007, an amendment to Knight Inc.'s credit agreement, dated as of May 30, 2007, among Knight Inc., Citibank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto, became effective. &nbsp;The amendment was entered into to permit Kinder Morgan G.P., Inc., a wholly-owned subsidiary of Knight Inc., to issue a series of preferred stock that otherwise would have been prohibited by the terms of the credit agreement. &nbsp;A copy of the amendment is filed as Exhibit 4.1 hereto and incorporated herein by reference.</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; padding-left:78px; text-indent:-78px; font-size:16px"><B>Item 9.01. &nbsp;Financial Statements and Exhibits.</B></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:-18.667px; text-indent:48px; font-size:16px" align=justify>(d)</P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; text-indent:96px; font-size:16px" align=justify><I>Exhibits.</I></P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=96></TD><TD width=71.867></TD><TD width=462.133></TD></TR>
<TR><TD valign=top width=96><P style="margin-top:0px; margin-bottom:16px; font-size:16px" align=center><B>&nbsp;&nbsp;</B></P>
</TD><TD valign=top width=71.867><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><B>Exhibit<BR>
<U>Number</U></B></P>
<P style="margin:0px; font-size:16px" align=center>&nbsp;&nbsp;</P>
</TD><TD valign=top width=462.133><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><BR>
<B><U>Exhibit</U></B></P>
<P style="margin:0px; font-size:16px" align=center>&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=96><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=71.867><P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; font-size:16px" align=justify>&nbsp;4.1</P>
</TD><TD valign=top width=462.133><P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; font-size:16px" align=justify>Form of Amendment No. 1, effective as of July 17, 2007, to the Credit Agreement, dated as of May 30, 2007, among Knight Inc., Citibank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=center><BR>
<BR></P>
<P style="line-height:18.667px; margin:0px; padding-right:24px; font-size:16px" align=center>-2-</P>
<P style="margin:0px" align=justify><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="line-height:18.667px; margin:0px; font-size:16px; page-break-before:always" align=center>S I G N A T U R E</P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:16px" align=justify>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="margin:0px" align=justify><BR></P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=196.467></TD><TD width=17.467></TD><TD width=28.6></TD><TD width=28.667></TD><TD width=367.2></TD></TR>
<TR><TD valign=top width=196.467><P style="margin:0px; padding-left:-6px; padding-right:-7.2px; font-size:16px" align=justify>&nbsp;&nbsp;</P>
</TD><TD valign=top width=17.467><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=28.6><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=28.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=367.2><P style="line-height:18.667px; margin:0px; padding-left:-7.2px; font-size:16px" align=justify>KNIGHT INC.</P>
</TD></TR>
<TR><TD valign=top width=196.467><P style="margin:0px; padding-left:-6px; padding-right:-7.2px; font-size:16px" align=justify>&nbsp;&nbsp;</P>
</TD><TD valign=top width=17.467><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=28.6><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=28.667><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=367.2><P style="font-size:2pt">&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px; font-size:16px" align=justify>&nbsp;&nbsp;</P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=196.467></TD><TD width=17.467></TD><TD width=28.6></TD><TD width=28.667></TD><TD width=30.333></TD><TD width=22.333></TD><TD width=314.533></TD></TR>
<TR><TD valign=top width=196.467><P style="line-height:18.667px; margin:0px; padding-left:-6px; padding-right:-7.2px; font-size:16px" align=justify>Dated: July
	20, 2007</P>
</TD><TD valign=top width=17.467><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=28.6><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=28.667><P style="margin:0px; padding-left:-7.2px; font-size:16px" align=justify>&nbsp;</P>
</TD><TD valign=top width=30.333><P style="line-height:18.667px; margin:0px; padding-left:-7.2px; font-size:16px" align=justify>By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=22.333><P style="font-size:2pt">&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=314.533><P style="line-height:18.667px; margin:0px; padding-left:-7.2px; font-size:16px">/s/ Joseph Listengart</P>
</TD></TR>
<TR><TD valign=top width=196.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=17.467><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=28.6><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=28.667><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=30.333><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=22.333><P style="font-size:2pt">&nbsp;</P></TD><TD valign=top width=314.533><P style="line-height:18.667px; margin:0px; padding-left:-7.2px; font-size:16px">Joseph Listengart<BR>
Vice President</P>
</TD></TR>
</TABLE>
<P style="margin-top:0px; margin-bottom:16px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:16px" align=center><BR>
<BR></P>
<P style="line-height:18.667px; margin:0px; font-size:16px" align=center>-3-</P>
<P style="margin:0px" align=justify><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; font-size:16px; page-break-before:always" align=center><B>INDEX TO EXHIBITS</B></P>
<TABLE style="font-size:13.333px" cellspacing=0><TR><TD width=72></TD><TD width=454.8></TD></TR>
<TR><TD valign=top width=72><P style="line-height:18.667px; margin:0px; font-size:16px"><B>&nbsp;Exhibit<BR>
<U>Number</U></B></P>
<P style="margin:0px; font-size:16px" align=center>&nbsp;&nbsp;</P>
</TD><TD valign=top width=454.8><P style="line-height:18.667px; margin:0px; font-size:16px" align=center><BR>
<B><U>Exhibit</U></B></P>
<P style="margin:0px; font-size:16px" align=center>&nbsp;&nbsp;</P>
</TD></TR>
<TR><TD valign=top width=72><P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; font-size:16px" align=justify>4.1</P>
</TD><TD valign=top width=454.8><P style="line-height:18.667px; margin-top:0px; margin-bottom:16px; font-size:16px" align=justify>Form of Amendment No. 1, effective as of July 17, 2007, to the Credit Agreement, dated as of May 30, 2007, among Knight Inc., Citibank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=justify><BR>
<BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=justify><BR></P>
	<hr size="5">
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{"company-data": {"conformed-name": "KNIGHT INC.", "cik": "0000054502", "assigned-sic": "4923", "irs-number": "480290000", "state-of-incorporation": "KS", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-06446", "film-number": "07991003"}, "business-address": {"street1": "500 DALLAS", "street2": "SUITE 1000", "city": "HOUSTON", "state": "TX", "zip": "77002", "phone": "713-369-9000"}, "mail-address": {"street1": "500 DALLAS", "street2": "SUITE 1000", "city": "HOUSTON", "state": "TX", "zip": "77002"}, "former-company": [{"former-conformed-name": "KINDER MORGAN INC", "date-changed": "19991105"}, {"former-conformed-name": "K N ENERGY INC", "date-changed": "19920703"}, {"former-conformed-name": "KN ENERGY INC", "date-changed": "19920430"}]}
Knight Inc. Form 8-K
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):  July 17, 2007
KNIGHT INC.
(Exact name of registrant as specified in its charter)
Kansas
(State or other jurisdiction
of incorporation)
1-06446
(Commission
File Number)
48-0290000
(I.R.S. Employer
Identification No.)
500 Dallas Street, Suite 1000
Houston, Texas 77002
(Address of principal executive offices, including zip code)
713-369-9000
(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 July 17, 2007, an amendment to Knight Inc.'s credit agreement, dated as of May 30, 2007, among Knight Inc., Citibank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto, became effective.  The amendment was entered into to permit Kinder Morgan G.P., Inc., a wholly-owned subsidiary of Knight Inc., to issue a series of preferred stock that otherwise would have been prohibited by the terms of the credit agreement.  A copy of the amendment is filed as Exhibit 4.1 hereto and incorporated herein by reference.
Item 9.01.  Financial Statements and Exhibits.
(d)
Exhibits.
Exhibit
Number
Exhibit
4.1
Form of Amendment No. 1, effective as of July 17, 2007, to the Credit Agreement, dated as of May 30, 2007, among Knight Inc., Citibank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.
-2-
S I G N A T U R E
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.
KNIGHT INC.
Dated: July
	20, 2007
By:
/s/ Joseph Listengart
Joseph Listengart
Vice President
-3-
INDEX TO EXHIBITS
Exhibit
Number
Exhibit
4.1
Form of Amendment No. 1, effective as of July 17, 2007, to the Credit Agreement, dated as of May 30, 2007, among Knight Inc., Citibank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.