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  <TITLE> Ashworth, Inc. (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	June 6, 2007
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  	Ashworth, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	001-14547
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  	84-1052000
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	2765 Loker Avenue West, Carlsbad, California
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  	92010
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	760-438-6610
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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>
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  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 1.01 Entry into a Material Definitive Agreement.
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       On June 6, 2007, Ashworth, Inc. (the "Company"), through its wholly-owned subsidiary Gekko Brands, LLC (the "Subsidiary"), entered into two-year employment and non-competition agreements with each of J. Neil Stillwell and Calvin J. Martin, Jr. and five-year employment and non-competition agreements with each of Phil R. Stillwell, Jeffery N. Stillwell and Thomas Patrick Allison, Jr., the selling members and employees of the Subsidiary ("the Gekko Employees").  The employment and non-competition agreements guarantee payment of the contingent consideration installment payments for fiscal years 2007 and 2008, thereby amending sections 1.2(c) and 1.3 of the Membership Interests Purchase Agreement, dated July 6, 2004 (the "Purchase Agreement"), relating to the acquisition of the Subsidiary by the Company.  Under the Purchase Agreement, an additional $6,500,000 would be paid to the Gekko Employees if the Subsidiary achieved certain specified EBIT and other operating targets through the Company&#x2019;s fiscal year 2008, to be accounted for as additional cost of the acquired entity.  From July 7, 2004 through October 31, 2006, the Subsidiary has thus far achieved the specified EBIT and other operating targets entitling the Gekko Employees to additional consideration of $3,150,000 recorded as an adjustment to goodwill.  Under the new employment and non-competition agreements entered into with the Gekko Employees, the guaranteed installment payments for fiscal years 2007 and 2008 will be accounted for as compensation and recognized into expense on a straight-line basis over the term of the employment and non-competition agreements.<br><br>     A copy of each of the employment and non-competition agreements is filed herewith as Exhibit 10.1 through 10.5 and each is incorporated herein by reference into this Item 1.01.<br>
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  	Item 9.01 Financial Statements and Exhibits.
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  Ex. 10.1*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and J. Neil Stillwell.<br><br>Ex. 10.2*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Calvin J. Martin, Jr.<br><br>Ex. 10.3*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Phil R. Stillwell.<br><br>Ex. 10.4*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Jeffery N. Stillwell.<br><br>Ex. 10.5*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Thomas Patrick Allison, Jr.<br><br>*  Confidential portions of this exhibit have been omitted and filed separately with the Commission pursuant to a confidential treatment request in accordance with Rule 24b-2 of the Securities Exchange Act of 1934, as amended.<br>
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  	SIGNATURES
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  	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.
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  	Ashworth, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	June 12, 2007
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  	By:
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  <I>
  	Eric R. Hohl
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  <I>
  	Name: Eric R. Hohl
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  <I>
  	Title: EVP, CFO and Treasurer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	10.1*
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  	&nbsp;
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  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and J. Neil Stillwell.
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  	10.2*
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  	&nbsp;
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  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Calvin J. Martin, Jr
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  	10.3*
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  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Phil R. Stillwell.
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  	10.4*
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  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Jeffery N. Stillwell.
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  	10.5*
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  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Thomas Patrick Allison, Jr.<br><br>*  Confidential portions of this exhibit have been omitted and filed separately with the Commission pursuant to a confidential treatment request in accordance with Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_20885.htm", "description": "LIVE FILING", "secsgml_size_bytes": 14433}]
metadata_filer: {"company-data": {"conformed-name": "ASHWORTH INC", "cik": "0000820774", "assigned-sic": "2320", "irs-number": "841052000", "state-of-incorporation": "DE", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-14547", "film-number": "07915349"}, "business-address": {"street1": "2765 LOKER AVE WEST", "city": "CARLSBAD", "state": "CA", "zip": "92008", "phone": "7604386610"}, "mail-address": {"street1": "2765 LOKER AVENUE WEST", "city": "CARLSBAD", "state": "CA", "zip": "92008"}, "former-company": {"former-conformed-name": "CHARTER GOLF INC", "date-changed": "19920703"}}
text: Ashworth, 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):
  June 6, 2007
  Ashworth, Inc.
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  001-14547
  84-1052000
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  2765 Loker Avenue West, Carlsbad, California
  92010
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  760-438-6610
  Not Applicable
  ______________________________________________
  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:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On June 6, 2007, Ashworth, Inc. (the "Company"), through its wholly-owned subsidiary Gekko Brands, LLC (the "Subsidiary"), entered into two-year employment and non-competition agreements with each of J. Neil Stillwell and Calvin J. Martin, Jr. and five-year employment and non-competition agreements with each of Phil R. Stillwell, Jeffery N. Stillwell and Thomas Patrick Allison, Jr., the selling members and employees of the Subsidiary ("the Gekko Employees").  The employment and non-competition agreements guarantee payment of the contingent consideration installment payments for fiscal years 2007 and 2008, thereby amending sections 1.2(c) and 1.3 of the Membership Interests Purchase Agreement, dated July 6, 2004 (the "Purchase Agreement"), relating to the acquisition of the Subsidiary by the Company.  Under the Purchase Agreement, an additional $6,500,000 would be paid to the Gekko Employees if the Subsidiary achieved certain specified EBIT and other operating targets through the Company's fiscal year 2008, to be accounted for as additional cost of the acquired entity.  From July 7, 2004 through October 31, 2006, the Subsidiary has thus far achieved the specified EBIT and other operating targets entitling the Gekko Employees to additional consideration of $3,150,000 recorded as an adjustment to goodwill.  Under the new employment and non-competition agreements entered into with the Gekko Employees, the guaranteed installment payments for fiscal years 2007 and 2008 will be accounted for as compensation and recognized into expense on a straight-line basis over the term of the employment and non-competition agreements.
  A copy of each of the employment and non-competition agreements is filed herewith as Exhibit 10.1 through 10.5 and each is incorporated herein by reference into this Item 1.01.
  Item 9.01 Financial Statements and Exhibits.
  Ex. 10.1*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and J. Neil Stillwell.
  Ex. 10.2*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Calvin J. Martin, Jr.
  Ex. 10.3*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Phil R. Stillwell.
  Ex. 10.4*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Jeffery N. Stillwell.
  Ex. 10.5*  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Thomas Patrick Allison, Jr.
  *  Confidential portions of this exhibit have been omitted and filed separately with the Commission pursuant to a confidential treatment request in accordance with Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
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  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.
  Ashworth, Inc.
  June 12, 2007
  By:
  Eric R. Hohl
  Name: Eric R. Hohl
  Title: EVP, CFO and Treasurer
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  Exhibit Index
  Exhibit No.
  Description
  10.1*
  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and J. Neil Stillwell.
  10.2*
  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Calvin J. Martin, Jr
  10.3*
  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Phil R. Stillwell.
  10.4*
  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Jeffery N. Stillwell.
  10.5*
  Employment and Non-competition agreement by and between Gekko Brands, LLC, a wholly-owned subsidiary of Ashworth, Inc., and Thomas Patrick Allison, Jr.
  *  Confidential portions of this exhibit have been omitted and filed separately with the Commission pursuant to a confidential treatment request in accordance with Rule 24b-2 of the Securities Exchange Act of 1934, as amended.