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<DIV style=margin-left:72pt;width:468pt><P align=center style='font:10pt Times New Roman;line-height:1pt;margin-top:1pt;margin-bottom:0pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;line-height:1pt;margin-top:1pt;margin-bottom:0pt;color:#000000'><FONT style=line-height:1pt>&#160;</FONT></P>
<P align=center style='font:10pt Times New Roman;line-height:1pt;margin-top:1pt;margin-bottom:0pt;color:#000000'><FONT style=line-height:1pt>&#160;</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>UNITED STATES </B></P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:6pt;color:#000000'><B>Washington, D.C. 20549 </B></P>
<P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:10pt;margin-left:216pt;margin-right:216pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>FORM 8-K</B></P>
<P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:6pt;margin-left:216pt;margin-right:216pt;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>CURRENT REPORT </B></P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>Pursuant to Section 13 or 15(d) of </B></P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>The Securities Exchange Act of 1934 </B></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:6pt;color:#000000'><B>Date of Report (Date of earliest event reported): &nbsp;June 19, 2019</B></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:14pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><B>SUMMER ENERGY HOLDINGS, INC.</B></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(Exact name of registrant as specified in its charter)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><FONT style=font-size:10pt><B>Nevada</B></FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(State or other jurisdiction of incorporation)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<TABLE style='border-collapse:collapse;margin-left:90.9pt;border:0.5pt solid #000000'><TR><TD valign=top style='width:153.9pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>001-35496</B></P>
</TD><TD valign=top style='width:179.55pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:3.6pt;color:#000000'><B>20-2722022</B></P>
</TD></TR>
<TR><TD valign=top style='width:153.9pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>(Commission File Number)</P>
</TD><TD valign=top style='width:179.55pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;margin-left:3.6pt;color:#000000'>(I.R.S. The Company Identification No.)</P>
</TD></TR>
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<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><FONT style='border-bottom:1px solid #000000'>5847 San Felipe Street #3700</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><FONT style='border-bottom:1px solid #000000'>Houston, Texas 77057</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(Address of principal executive offices)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'><FONT style='border-bottom:1px solid #000000'>(713) 375-2790</FONT></P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>(Registrant&#8217;s telephone number, including area code)</P>
<P align=center style='font:10pt Times New Roman;margin:0;text-indent:-36pt;margin-left:36pt;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>N/A </P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>(Former name or former address, if changed since last report) </P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>Securities registered pursuant to Section 12(g) of the Act:</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<TABLE align=center style='border-collapse:collapse;border:0.5pt solid #000000'><TR><TD valign=top style='width:170.75pt;padding-left:5.4pt;padding-right:5.4pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>Title of each class</P>
</TD><TD valign=top style='width:139.5pt;padding-left:5.4pt;padding-right:5.4pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>Trading Symbol(s)</P>
</TD><TD valign=top style='width:229.25pt;padding-left:5.4pt;padding-right:5.4pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>Principal U.S. Market for Securities</P>
</TD></TR>
<TR><TD valign=top style='width:170.75pt;padding-left:5.4pt;padding-right:5.4pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>Common Stock, $0.001 par value</P>
</TD><TD valign=top style='width:139.5pt;padding-left:5.4pt;padding-right:5.4pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>SUME</P>
</TD><TD valign=top style='width:229.25pt;padding-left:5.4pt;padding-right:5.4pt;border:0.5pt solid #000000'><P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>OTCQB</P>
</TD></TR>
</TABLE>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin-top:0pt;margin-bottom:12pt;margin-left:216pt;margin-right:216pt;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>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='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:29.15pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-29.15pt'><FONT face=Wingdings>&#168;</FONT></KBD>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))&nbsp;</P>
<HR style='border:0;height:0;width:0;margin:14pt 0 0 0'><P align=right style='font:9pt Times New Roman;margin:0'><A name=_iDocIDFieldf8d491ba-fd78-487c-b5ab-5d60 />&nbsp;</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'>Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</P>
<TABLE style=border-collapse:collapse;width:170.25pt;margin-left:-0.3pt><TR><TD valign=top style=padding:1.5pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>Emerging growth company &nbsp;<FONT style=font-family:inherit> </FONT><FONT style='font-family:MS Gothic'>&#9744;</FONT></P>
</TD><TD valign=top style=padding:1.5pt><P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
</TD></TR>
</TABLE>
<P style='font:10pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160; <FONT style='font-family:MS Gothic'>&#9744;</FONT></P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:10pt Times New Roman;margin:0'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:0pt'><B>Item 1.01</B></KBD><KBD style=margin-left:72pt></KBD><B>Entry into a Material Definitive Agreement.</B>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:72pt'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:-72pt'><B>Item 5.02</B></KBD><FONT style=background-color:#FFFFFF><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></FONT>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'><I>Amendment Transaction with EDF Trading North America, LLC</I></P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>On June 19, 2019, Summer Energy Holdings, Inc. (&#8220;SEH&#8221;), and its subsidiaries Summer Energy, LLC (&#8220;Summer LLC&#8221;), Summer Energy Northeast, LLC (&#8220;Summer Northeast&#8221;) and Summer Energy Midwest, LLC (&#8220;Summer Midwest&#8221;; together with SEH, Summer LLC and Summer Northeast, the &#8220;Company&#8221;) closed a transaction (the &#8220;Amendment Transaction&#8221;) with EDF Trading North America, LLC (&#8220;EDFTNA&#8221;) in order to amend certain agreements previously entered into among SEH, Summer LLC, Summer Northeast, EDFTNA and EDF Energy Services, LLC (collectively with EDFTNA, &#8220;EDF&#8221;). &nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>By way of background (and as more fully described in the Current Report on Form 8-K filed by SEH on May 4, 2018), on May 1, 2018, SEH, Summer LLC and Summer Northeast entered into an Energy Services Agreement (the &#8220;Energy Services Agreement&#8221;) with EDF pursuant to which Summer LLC and Summer Northeast agreed to purchase their electric power and associated services requirements from EDF, and EDF agreed to provide certain credit facilities to assist Summer LLC and Summer Northeast in the purchase of their electric power and associated service requirements (the &#8220;Original Transaction&#8221;). &nbsp; In connection with the Original Transaction, the parties thereto also entered into, among other agreements, an ISDA Master Agreement, including Schedule thereto and accompanying Credit Support Annex (collectively, the &#8220;ISDA Agreement&#8221;), a Security Agreement (the &#8220;Security Agreement&#8221;), a Pledge Agreement (the &#8220;Pledge Agreement&#8221;), and a Guaranty by SEH (the &#8220;Guaranty&#8221;). &nbsp;Copies of the Energy Services Agreement, ISDA Agreement, Security Agreement, Pledge Agreement and Guaranty are filed as Exhibits 10.1 through 10.5, respectively, to SEH&#8217;s Quarterly Report on Form 10-Q filed on August 14, 2018. &nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Pursuant to the Amendment Transaction, the Company and EDFTNA entered into an Amended and Restated Energy Services Agreement, which amended and restated the Energy Services Agreement (the &#8220;Amended Energy Services Agreement&#8221;), an amendment to ISDA Master Agreement which amends the ISDA Agreement (the &#8220;Amended ISDA Agreement&#8221;), an Omnibus Amendment to Pledge Agreement and Security Agreement and Joinder, which amends both the Security Agreement and the Pledge Agreement (the &#8220;Omnibus Amendment&#8221;) and an Amended and Restated Guaranty, which amends and restates the Guaranty (the &#8220;Amended Guaranty&#8221;). &nbsp;In general, the Amended Energy Services Agreement, the Amended ISDA Agreement, the Omnibus Amendment and the Amended Guaranty amend and/or restate the documents from the Original Transaction to (i) remove EDF Energy Services, LLC as a party to the agreements and (ii) add an additional subsidiary of SEH, Summer Midwest, as a party to the agreements, such that Summer Midwest is able to purchase its electric power and associated services requirements from EDFTNA and also utilize EDFTNA&#8217;s credit support. &nbsp; The term, pricing and interest payable under the Amended Energy Services Agreement are unchanged from the original Energy Services Agreement. &nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt'>Pursuant to the Omnibus Amendment, in consideration of the services and credit support provided by EDFTNA to the Company, Summer Midwest agreed to, among other things (i) grant a priority security interest to EDFTNA in all of its assets, equipment and inventory; and (ii) require its customers to remit monthly payments into a lockbox account over which EDFTNA has a security interest. &nbsp;The security interest previously granted by Summer LLC and Summer Northeast is unchanged, except that EDFTNA is now the sole secured party. &nbsp;Also pursuant to the Omnibus Amendment, SEH pledged to EDFTNA, and granted to EDFTNA a security interest in, all of SEH&#8217;s membership interest in Summer Midwest.  The previous pledge by SEH of its membership interest in Summer LLC and Summer Northeast is unchanged, except that EDFTNA is now the sole secured party. &nbsp; Pursuant to the Guaranty, SEH agreed to guaranty the obligations of Summer LLC, Summer Northeast and Summer Midwest under the Amended Energy Services Agreement. &nbsp;&nbsp;&nbsp; &nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'><I>Employment Agreement of Angela Hanley</I></P>
<P style='font:10pt Times New Roman;margin:0'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000;background-color:#FFFFFF'>On June 20, 2019, the Board of Directors (the &#8220;Board&#8221;) of SEH approved a new employment agreement with Angela Hanley (the &#8220;Hanley Employment Agreement&#8221;) pursuant to which Ms. Hanley will continue to serve as the President of SEH. &nbsp;Ms. Hanley will continue to report to the Board and will have the duties and responsibilities assigned by the&#160;Board.&#160; Ms. Hanley was originally appointed to the position of President in February 2014.&#160; The </P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'>Hanley Employment Agreement provides for a semi-monthly salary of $4,230.77. &nbsp; Ms. Hanley will also receive the customary employee benefits paid by SEH and will be eligible to receive equity grants from time to time as determined by the Board and the Compensation Committee of the Board.</P>
<HR style='page-break-after:always;border:0;height:3pt;background-color:#909090;margin:8pt 0'><P style=line-height:0;margin:0></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000;background-color:#FFFFFF'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0'>&#160;</P>
<P align=center style='font:10pt Times New Roman;margin:0;color:#000000'><B>SIGNATURES</B></P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;color:#000000'>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;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>Dated: &nbsp;June 25, 2019</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;margin-left:144pt;color:#000000'>SUMMER ENERGY HOLDINGS, INC.</P>
<P style='font:10pt Times New Roman;margin:0;color:#000000'>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;margin-left:144pt;color:#000000'><KBD style='position:absolute;font:10pt Times New Roman;margin-left:36pt'>By:</KBD><KBD style=margin-left:72pt></KBD><FONT style='border-bottom:1px solid #000000'>/s/ Jaleea P. George</FONT>&nbsp;</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;margin-left:180pt;color:#000000'>Jaleea P. George</P>
<P style='font:10pt Times New Roman;margin:0;text-indent:36pt;margin-left:180pt;color:#000000'>Chief Financial Officer</P>
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{"company-data": {"conformed-name": "SUMMER ENERGY HOLDINGS INC", "cik": "0001396633", "assigned-sic": "4911", "irs-number": "202722022", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-35496", "film-number": "19919172"}, "business-address": {"street1": "800 BERING DRIVE", "street2": "SUITE 260", "city": "HOUSTON", "state": "TX", "zip": "77057", "phone": "(713) 375-2790"}, "mail-address": {"street1": "800 BERING DRIVE", "street2": "SUITE 260", "city": "HOUSTON", "state": "TX", "zip": "77057"}, "former-company": [{"former-conformed-name": "Castwell Precast Corp", "date-changed": "20100816"}, {"former-conformed-name": "Castwell Precast CORP", "date-changed": "20070417"}]}
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 19, 2019
SUMMER ENERGY HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
001-35496
20-2722022
(Commission File Number)
(I.R.S. The Company Identification No.)
5847 San Felipe Street #3700
Houston, Texas 77057
(Address of principal executive offices)
(713) 375-2790
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(g) of the Act:
Title of each class
Trading Symbol(s)
Principal U.S. Market for Securities
Common Stock, $0.001 par value
SUME
OTCQB
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 1.01
Entry into a Material Definitive Agreement.
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Amendment Transaction with EDF Trading North America, LLC
On June 19, 2019, Summer Energy Holdings, Inc. ("SEH"), and its subsidiaries Summer Energy, LLC ("Summer LLC"), Summer Energy Northeast, LLC ("Summer Northeast") and Summer Energy Midwest, LLC ("Summer Midwest"; together with SEH, Summer LLC and Summer Northeast, the "Company") closed a transaction (the "Amendment Transaction") with EDF Trading North America, LLC ("EDFTNA") in order to amend certain agreements previously entered into among SEH, Summer LLC, Summer Northeast, EDFTNA and EDF Energy Services, LLC (collectively with EDFTNA, "EDF").
By way of background (and as more fully described in the Current Report on Form 8-K filed by SEH on May 4, 2018), on May 1, 2018, SEH, Summer LLC and Summer Northeast entered into an Energy Services Agreement (the "Energy Services Agreement") with EDF pursuant to which Summer LLC and Summer Northeast agreed to purchase their electric power and associated services requirements from EDF, and EDF agreed to provide certain credit facilities to assist Summer LLC and Summer Northeast in the purchase of their electric power and associated service requirements (the "Original Transaction").   In connection with the Original Transaction, the parties thereto also entered into, among other agreements, an ISDA Master Agreement, including Schedule thereto and accompanying Credit Support Annex (collectively, the "ISDA Agreement"), a Security Agreement (the "Security Agreement"), a Pledge Agreement (the "Pledge Agreement"), and a Guaranty by SEH (the "Guaranty").  Copies of the Energy Services Agreement, ISDA Agreement, Security Agreement, Pledge Agreement and Guaranty are filed as Exhibits 10.1 through 10.5, respectively, to SEH's Quarterly Report on Form 10-Q filed on August 14, 2018.
Pursuant to the Amendment Transaction, the Company and EDFTNA entered into an Amended and Restated Energy Services Agreement, which amended and restated the Energy Services Agreement (the "Amended Energy Services Agreement"), an amendment to ISDA Master Agreement which amends the ISDA Agreement (the "Amended ISDA Agreement"), an Omnibus Amendment to Pledge Agreement and Security Agreement and Joinder, which amends both the Security Agreement and the Pledge Agreement (the "Omnibus Amendment") and an Amended and Restated Guaranty, which amends and restates the Guaranty (the "Amended Guaranty").  In general, the Amended Energy Services Agreement, the Amended ISDA Agreement, the Omnibus Amendment and the Amended Guaranty amend and/or restate the documents from the Original Transaction to (i) remove EDF Energy Services, LLC as a party to the agreements and (ii) add an additional subsidiary of SEH, Summer Midwest, as a party to the agreements, such that Summer Midwest is able to purchase its electric power and associated services requirements from EDFTNA and also utilize EDFTNA's credit support.   The term, pricing and interest payable under the Amended Energy Services Agreement are unchanged from the original Energy Services Agreement.
Pursuant to the Omnibus Amendment, in consideration of the services and credit support provided by EDFTNA to the Company, Summer Midwest agreed to, among other things (i) grant a priority security interest to EDFTNA in all of its assets, equipment and inventory; and (ii) require its customers to remit monthly payments into a lockbox account over which EDFTNA has a security interest.  The security interest previously granted by Summer LLC and Summer Northeast is unchanged, except that EDFTNA is now the sole secured party.  Also pursuant to the Omnibus Amendment, SEH pledged to EDFTNA, and granted to EDFTNA a security interest in, all of SEH's membership interest in Summer Midwest.  The previous pledge by SEH of its membership interest in Summer LLC and Summer Northeast is unchanged, except that EDFTNA is now the sole secured party.   Pursuant to the Guaranty, SEH agreed to guaranty the obligations of Summer LLC, Summer Northeast and Summer Midwest under the Amended Energy Services Agreement.
Employment Agreement of Angela Hanley
On June 20, 2019, the Board of Directors (the "Board") of SEH approved a new employment agreement with Angela Hanley (the "Hanley Employment Agreement") pursuant to which Ms. Hanley will continue to serve as the President of SEH.  Ms. Hanley will continue to report to the Board and will have the duties and responsibilities assigned by the Board.  Ms. Hanley was originally appointed to the position of President in February 2014.  The
Hanley Employment Agreement provides for a semi-monthly salary of $4,230.77.   Ms. Hanley will also receive the customary employee benefits paid by SEH and will be eligible to receive equity grants from time to time as determined by the Board and the Compensation Committee of the Board.
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.
Dated:  June 25, 2019
SUMMER ENERGY HOLDINGS, INC.
By:
/s/ Jaleea P. George
Jaleea P. George
Chief Financial Officer