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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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; LINE-HEIGHT: 1.25; 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; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>OF
      THE SECURITIES EXCHANGE ACT OF 1934</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>DATE
      OF EARLIEST REPORTED EVENT - MARCH 30, 2006</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>XL
      GENERATION INTERNATIONAL INC.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div align="left">
      <table border="0" bordercolor="#000000" cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>NEVADA</u></strong></font></div>
            </td>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>000-31165</u></strong></font></div>
            </td>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>20-0909393</u></strong></font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Commission</font></div>
            </td>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(IRS
                Employer</font></div>
            </td>
          </tr>
          <tr>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">incorporation)</font></div>
            </td>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">File
                Number)</font></div>
            </td>
            <td align="left" valign="top" width="27%" style="border-bottom: medium none;">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Identification
                Number)</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>Sumpfstrasse
      32</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>6304
      Zug, Switzerland</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Address
      of principal executive offices)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>4141
      723 1090</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Registrant&#8217;s
      telephone number, including area code)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong><u>N/A</u></strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Former
      name or former address, if changed since last report)</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; 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 style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>
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          <tr>
            <td align="left" valign="top" width="2%">
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            <td align="left" valign="top" width="70%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Written
                communications pursuant to Rule&#160;425 under the Securities
                Act</font></div>
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          </tr>

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    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="2%">
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            </td>
            <td align="left" valign="top" width="70%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Soliciting
                material pursuant to Rule&#160;14a-12 under the Exchange
                Act</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="2%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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            <td align="left" valign="top" width="70%">
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      </table>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div>
      <table cellpadding="0" cellspacing="0" width="100%">

          <tr>
            <td align="left" valign="top" width="2%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Wingdings">o</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font></div>
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            <td align="left" valign="top" width="70%">
              <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pre-commencement
                communications pursuant to Rule&#160;13e-4(c) under the Exchange
                Act</font></div>
            </td>
          </tr>

      </table>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div id="FTR">
        <div id="GLFTR" style="WIDTH: 100%" align="left">&#160;</div>
      </div>
      <div id="PN" style="PAGE-BREAK-AFTER: always">
        <div style="WIDTH: 100%; TEXT-ALIGN: center">&#160;</div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
          <hr style="COLOR: black" noshade size="2">
        </div>
      </div>
      <div id="HDR">
        <div id="GLHDR" style="WIDTH: 100%" align="right">&#160;</div>
      </div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Item
      1.01:</strong></font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 27pt">&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Entry
      into a Material Definitive Agreement.</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><strong>Employment
      Agreements with Officers and Directors</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      March
      30, 2006, XL Generation AG, the sole operating subsidiary of XL Generation
      International Inc. (the &#8220;Company&#8221;), entered into employment agreements with
      three individuals who are officers and directors of the Company. Set forth
      below
      is a description of the terms and conditions of these agreements.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      March
      30, 2006, XL Generation AG entered into an employment agreement with Alain
      Lemieux. Mr. Lemieux is the President and Chief Executive Officer of the
      Company. Mr. Lemieux is also a director of the Company, and 13,000,000 of the
      Company&#8217;s outstanding shares (which are held by the Alain Lemieux Trust) may be
      deemed to be beneficially owned by Mr. Lemieux (this represents 39.5% of the
      Company&#8217;s currently outstanding common stock). Although this agreement was
      executed and delivered as of March 30, 2006, the parties have agreed that its
      terms will be effective retroactive to October 1, 2005. This agreement has
      no
      set termination date; however, this agreement may be terminated at any time
      by
      either of the parties, subject to certain termination provisions documented
      below. Pursuant to this agreement, Mr. Lemieux is entitled to receive $240,000
      USD annually, indexed according to the rate of the Consumer Price Index. Mr.
      Lemieux is also entitled to a housing allocation of 3,500 Swiss Francs
      (approximately $2,695.35) per month and an automobile allowance of 7,500 Swiss
      Francs (approximately $5,775.75) per year. In the event that certain sales
      targets are met, Mr. Lemieux will be entitled to an increase in salary based
      on
      a formula set forth in the agreement. If such targets are met, Mr. Lemieux&#8217;s
      salary may be increased to $325,000 in 2008 and $350,000 in 2009. Mr. Lemieux
      may terminate this agreement at any time, with a minimum of six (6) months
      notice. Mr. Lemieux may be terminated without cause, with three (3) months
      notice. In the event of Mr. Lemieux&#8217;s termination without cause, he shall be
      entitled under this agreement to severance pay for three years equal to his
      average salary over the past five years. Furthermore, in the event of his
      dismissal without cause, Mr. Lemieux shall also be entitled, for every year
      until his 60</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><sup>th</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      birthday, to receive options permitting him to purchase 100,000 shares of the
      Company&#8217;s common stock, at a 25% discount to the average closing price of the
      Company&#8217;s common stock as calculated by reference to the thirty trading days
      prior to the date of anniversary of his dismissal. </font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      March
      30, 2006, XL Generation AG entered into an employment agreement with Daniel
      Courteau, the Company&#8217;s Vice President, legal affairs. Mr. Courteau is also a
      director of the Company. This agreement will commence as of January 1, 2007.
      This agreement has no set termination date; however, this agreement may be
      terminated at any time by either of the parties, subject to certain termination
      provisions documented below. Pursuant to this agreement, Mr. Courteau is
      entitled to receive $175,000 USD annually. Mr. Courteau is also entitled to
      a
      housing allocation of 3,500 Swiss Francs (approximately $2,695.35) per month
      and
      an automobile allowance of 7,500 Swiss Francs (approximately $5,775.75) per
      year. In the event that certain sales targets are met, Mr. Courteau will be
      entitled to an increase in salary based on a formula set forth in the agreement.
      If such targets are met, Mr. Courteau&#8217;s salary may be increased to $325,000 in
      2008 and $350,000 in 2009. Mr. Courteau may terminate this agreement at any
      time, with a minimum of six (6) months notice. Mr. Courteau may be terminated
      without cause, with three (3) months notice. In the event of Mr. Courteau&#8217;s
      termination without cause, he shall be entitled under this agreement to
      severance pay for three years equal to his average salary over the past five
      years. Furthermore, in the event of his dismissal without cause, Mr. Courteau
      shall also be entitled, for every year until his 60</font><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"><sup>th</sup></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      birthday, to receive options permitting him to purchase 75,000 shares of the
      Company&#8217;s common stock, at a 25% discount to the average closing price of the
      Company&#8217;s common stock as calculated by reference to the thirty trading days
      prior to the date of anniversary of his dismissal.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
      March
      30, 2006, XL Generation AG entered into an employment agreement with Flemming
      Munck, the Company&#8217;s Chief Financial Officer. Mr. Munck is also a director of
      the Company. Although this agreement was executed and delivered as of March
      30,
      2006, the parties have agreed that its terms will be effective retroactive
      to
      October 1, 2005. This agreement has no set termination date; however, this
      agreement may be terminated at any time by either of the parties, subject to
      certain termination provisions documented below. Pursuant to this agreement,
      Mr.
      Munck is entitled to receive $150,000 USD annually. Mr. Munck is also entitled
      to a housing allocation of 3,500 Swiss Francs (approximately $2,695.35) per
      month and an automobile allowance of 7,500 Swiss Francs (approximately
      $5,775.75) per year. In the event that certain sales targets are met, Mr. Munck
      will be entitled to an increase in salary based on a formula set forth in the
      agreement. If such targets are met, Mr. Munck&#8217;s salary may be increased to
      $325,000 in 2008 and $350,000 in 2009. Mr. Munck may terminate this agreement
      at
      any time, with a minimum of six (6) months notice. Mr. Munck may be terminated
      without cause, with three (3) months notice. In the event of Mr. Munck&#8217;s
      termination without cause, he shall be entitled under this agreement to
      severance pay for three years equal to his average salary over the past five
      years. Furthermore, in the event of his dismissal without cause, Mr. Munck
      shall
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      birthday, to receive options permitting him to purchase 50,000 shares of the
      Company&#8217;s common stock, at a 25% discount to the average closing price of the
      Company&#8217;s common stock as calculated by reference to the thirty trading days
      prior to the date of anniversary of his dismissal.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
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      effective as of March 24, 2006. Under the Plan, the Company may issue options,
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      shares. The maximum number of such shares of the Company&#8217;s common stock that may
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left"><br></div>
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      Company&#8217;s officers, directors, employees and consultants, as well as those of
      its subsidiaries, may participate in the Plan, as the Company&#8217;s Compensation
      Committee may deem to be advisable and in the best interests of the Company.
      No
      one individual may be awarded options to purchase more than 500,000 shares
      in
      any one fiscal year. No one individual may be granted more than 250,000 shares
      in any one fiscal year. The terms and conditions of each grant shall be as
      set
      forth in an award agreement approved by the Compensation Committee.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="center">&#160;</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: 10pt; FONT-FAMILY: ">-3-</font></div>
        <div style="WIDTH: 100%; TEXT-ALIGN: center">
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="justify"><font id="TAB1" style="MARGIN-LEFT: 36pt"></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
      to the requirements of the Securities Exchange Act of 1934, XL Generation
      International Inc. has duly caused this report to be signed on its behalf by
      the
      undersigned, thereunto duly authorized.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 1.25; MARGIN-RIGHT: 0pt" align="left">
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          <tr valign="top" bgcolor="#ffffff">
            <td width="50%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td width="49%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: "><strong>XL
              GENERATION INTERNATIONAL INC.</strong></font></td>
          </tr>
          <tr valign="top" bgcolor="#ffffff">
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>Dated:
              <font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">April
              5, 2006</font></font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;<br>&#160;</font></td>
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            <td>&#160;</td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">By:&#160;&#160;</font></td>
            <td><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">/s/&#160;Alain
              Lemieux</font></td>
          </tr>
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            <td align="left">
              <hr style="COLOR: black" align="left" noshade size="2" width="80%"><font size="2">Name:
              Alain Lemieux</font></td>
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            <td colspan="2"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: ">&#160;</font></td>
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                President, Chief Executive Officer,&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">and
                Director</font></div>
            </td>
          </tr>

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{"company-data": {"conformed-name": "XL Generation International Inc.", "cik": "0001290506", "assigned-sic": "3990", "irs-number": "200909393", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51213", "film-number": "06742879"}, "business-address": {"street1": "460 SAINT-GABRIEL, SUITE 21", "city": "MONTREAL", "state": "A8", "zip": "H2Y 2Z9", "phone": "514-397-0575"}, "mail-address": {"street1": "460 SAINT-GABRIEL, SUITE 21", "city": "MONTREAL", "state": "A8", "zip": "H2Y 2Z9"}, "former-company": [{"former-conformed-name": "XL Generation International", "date-changed": "20050826"}, {"former-conformed-name": "Cygni Systems CORP", "date-changed": "20040517"}]}
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 EARLIEST REPORTED EVENT - MARCH 30, 2006
XL
      GENERATION INTERNATIONAL INC.
(Exact
      name of Registrant as specified in its charter)
NEVADA
000-31165
20-0909393
(State
                or other jurisdiction of
(Commission
(IRS
                Employer
incorporation)
File
                Number)
Identification
                Number)
Sumpfstrasse
      32
6304
      Zug, Switzerland
(Address
      of principal executive offices)
4141
      723 1090
(Registrant's
      telephone number, including area code)
N/A
(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:
o
Written
                communications pursuant to Rule 425 under the Securities
                Act
o
Soliciting
                material pursuant to Rule 14a-12 under the Exchange
                Act
o
Pre-commencement
                communications pursuant to Rule 14d-2(b) under the Exchange
                Act
o
Pre-commencement
                communications pursuant to Rule 13e-4(c) under the Exchange
                Act
Item
      1.01:
Entry
      into a Material Definitive Agreement.
Employment
      Agreements with Officers and Directors
On
      March
      30, 2006, XL Generation AG, the sole operating subsidiary of XL Generation
      International Inc. (the "Company"), entered into employment agreements with
      three individuals who are officers and directors of the Company. Set forth
      below
      is a description of the terms and conditions of these agreements.
On
      March
      30, 2006, XL Generation AG entered into an employment agreement with Alain
      Lemieux. Mr. Lemieux is the President and Chief Executive Officer of the
      Company. Mr. Lemieux is also a director of the Company, and 13,000,000 of the
      Company's outstanding shares (which are held by the Alain Lemieux Trust) may be
      deemed to be beneficially owned by Mr. Lemieux (this represents 39.5% of the
      Company's currently outstanding common stock). Although this agreement was
      executed and delivered as of March 30, 2006, the parties have agreed that its
      terms will be effective retroactive to October 1, 2005. This agreement has
      no
      set termination date; however, this agreement may be terminated at any time
      by
      either of the parties, subject to certain termination provisions documented
      below. Pursuant to this agreement, Mr. Lemieux is entitled to receive $240,000
      USD annually, indexed according to the rate of the Consumer Price Index. Mr.
      Lemieux is also entitled to a housing allocation of 3,500 Swiss Francs
      (approximately $2,695.35) per month and an automobile allowance of 7,500 Swiss
      Francs (approximately $5,775.75) per year. In the event that certain sales
      targets are met, Mr. Lemieux will be entitled to an increase in salary based
      on
      a formula set forth in the agreement. If such targets are met, Mr. Lemieux's
      salary may be increased to $325,000 in 2008 and $350,000 in 2009. Mr. Lemieux
      may terminate this agreement at any time, with a minimum of six (6) months
      notice. Mr. Lemieux may be terminated without cause, with three (3) months
      notice. In the event of Mr. Lemieux's termination without cause, he shall be
      entitled under this agreement to severance pay for three years equal to his
      average salary over the past five years. Furthermore, in the event of his
      dismissal without cause, Mr. Lemieux shall also be entitled, for every year
      until his 60
th
birthday, to receive options permitting him to purchase 100,000 shares of the
      Company's common stock, at a 25% discount to the average closing price of the
      Company's common stock as calculated by reference to the thirty trading days
      prior to the date of anniversary of his dismissal.
On
      March
      30, 2006, XL Generation AG entered into an employment agreement with Daniel
      Courteau, the Company's Vice President, legal affairs. Mr. Courteau is also a
      director of the Company. This agreement will commence as of January 1, 2007.
      This agreement has no set termination date; however, this agreement may be
      terminated at any time by either of the parties, subject to certain termination
      provisions documented below. Pursuant to this agreement, Mr. Courteau is
      entitled to receive $175,000 USD annually. Mr. Courteau is also entitled to
      a
      housing allocation of 3,500 Swiss Francs (approximately $2,695.35) per month
      and
      an automobile allowance of 7,500 Swiss Francs (approximately $5,775.75) per
      year. In the event that certain sales targets are met, Mr. Courteau will be
      entitled to an increase in salary based on a formula set forth in the agreement.
      If such targets are met, Mr. Courteau's salary may be increased to $325,000 in
      2008 and $350,000 in 2009. Mr. Courteau may terminate this agreement at any
      time, with a minimum of six (6) months notice. Mr. Courteau may be terminated
      without cause, with three (3) months notice. In the event of Mr. Courteau's
      termination without cause, he shall be entitled under this agreement to
      severance pay for three years equal to his average salary over the past five
      years. Furthermore, in the event of his dismissal without cause, Mr. Courteau
      shall also be entitled, for every year until his 60
th
birthday, to receive options permitting him to purchase 75,000 shares of the
      Company's common stock, at a 25% discount to the average closing price of the
      Company's common stock as calculated by reference to the thirty trading days
      prior to the date of anniversary of his dismissal.
On
      March
      30, 2006, XL Generation AG entered into an employment agreement with Flemming
      Munck, the Company's Chief Financial Officer. Mr. Munck is also a director of
      the Company. Although this agreement was executed and delivered as of March
      30,
      2006, the parties have agreed that its terms will be effective retroactive
      to
      October 1, 2005. This agreement has no set termination date; however, this
      agreement may be terminated at any time by either of the parties, subject to
      certain termination provisions documented below. Pursuant to this agreement,
      Mr.
      Munck is entitled to receive $150,000 USD annually. Mr. Munck is also entitled
      to a housing allocation of 3,500 Swiss Francs (approximately $2,695.35) per
      month and an automobile allowance of 7,500 Swiss Francs (approximately
      $5,775.75) per year. In the event that certain sales targets are met, Mr. Munck
      will be entitled to an increase in salary based on a formula set forth in the
      agreement. If such targets are met, Mr. Munck's salary may be increased to
      $325,000 in 2008 and $350,000 in 2009. Mr. Munck may terminate this agreement
      at
      any time, with a minimum of six (6) months notice. Mr. Munck may be terminated
      without cause, with three (3) months notice. In the event of Mr. Munck's
      termination without cause, he shall be entitled under this agreement to
      severance pay for three years equal to his average salary over the past five
      years. Furthermore, in the event of his dismissal without cause, Mr. Munck
      shall
      also be entitled, for every year until his 60
th
birthday, to receive options permitting him to purchase 50,000 shares of the
      Company's common stock, at a 25% discount to the average closing price of the
      Company's common stock as calculated by reference to the thirty trading days
      prior to the date of anniversary of his dismissal.
-2-
2006
      Equity Incentive Plan
On
      March
      30, 2006, the Company adopted a 2006 Equity Incentive Plan (the "Plan"),
      effective as of March 24, 2006. Under the Plan, the Company may issue options,
      stock appreciation rights, restricted shares, deferred shares or performance
      shares. The maximum number of such shares of the Company's common stock that may
      be issued under the Plan is 2,000,000 shares.
The
      Company's officers, directors, employees and consultants, as well as those of
      its subsidiaries, may participate in the Plan, as the Company's Compensation
      Committee may deem to be advisable and in the best interests of the Company.
      No
      one individual may be awarded options to purchase more than 500,000 shares
      in
      any one fiscal year. No one individual may be granted more than 250,000 shares
      in any one fiscal year. The terms and conditions of each grant shall be as
      set
      forth in an award agreement approved by the Compensation Committee.
#
#
#
-3-
SIGNATURES
Pursuant
      to the requirements of the Securities Exchange Act of 1934, XL Generation
      International Inc. has duly caused this report to be signed on its behalf by
      the
      undersigned, thereunto duly authorized.
XL
              GENERATION INTERNATIONAL INC.
Dated:
April
              5, 2006
By:
/s/ Alain
              Lemieux
Name:
              Alain Lemieux
Title:
                President, Chief Executive Officer,
and
                Director
-4-