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<font face="Arial" size="2">As filed with the
Securities and Exchange Commission on January 9, 2006 <br>
</font>
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border:none;padding:0in'><font face="Arial" size="2">Registration No. __________________</font></p>

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<p class=MsoNormal style='line-height:90%' align="center"><b>
<font size="4" face="Arial">UNITED STATES</font></b></p>



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<p class=MsoNormal style='line-height:90%' align="center"><font face="Arial"><b>
<font size="4">SECURITIES AND EXCHANGE COMMISSION</font></b></font></p>



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<font size="4">Washington,
D.C. 20549</font></b></font></p>



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<p align="center"><font face="Arial">___________________</font></td>
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<p class=MsoNormal align=center style='text-align:center;line-height:90%'>
<font face="Arial">FORM S-8<br>
REGISTRATION STATEMENT<br>
UNDER<br>
THE SECURITIES ACT OF 1933<br>
___________________<br>
<b><br>
&nbsp;<font size="4">Sun Healthcare
Group, Inc.<br>
</font>
</b><font size="2">(Exact
Name of Registrant as Specified in Its Charter)</font><br>
___________________</font></p>



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  <td width=210 valign=top style='width:157.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center;line-height:90%'>
  <font face="Arial" size="2">Delaware</font></p>
  </td>
  <td width=144 valign=top style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=238 valign=top style='width:178.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center;line-height:90%'>
  <font face="Arial" size="2">85-0410612</font></p>
  </td>
 </tr>
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  <td width=210 valign=top style='width:157.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center;line-height:90%'>
  <font face="Arial" size="2">(State or Other
  Jurisdiction of</font></p>
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  <td width=144 valign=top style='width:1.5in;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=238 valign=top style='width:178.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center;line-height:90%'>
  <font face="Arial" size="2">(I.R.S. Employer</font></p>
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 </tr>
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  <td width=210 valign=top style='width:157.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center;line-height:90%'>
  <font face="Arial" size="2">Incorporation or
  Organization)</font></p>
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  <td width=238 valign=top style='width:178.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal align=center style='text-align:center;line-height:90%'>
  <font face="Arial" size="2">Identification No.)</font></p>
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<p class=MsoNormal align=center style='text-align:center;line-height:90%'>
<font face="Arial">18831 Von Karman,
Suite 400<br>
Irvine, California 92612<br>
<font size="2">(Address,
Including Zip Code, of Principal Executive Offices)</font><br>
___________________</font></p>



<p class=MsoNormal align=center style='text-align:center;line-height:90%'>
<font face="Arial"><b>
Peak Medical Corporation 1998 Stock Incentive Plan<br>
</b><font size="2">(Full
Title of the Plan)</font><br>
___________________<br>
</font>
</p>

<p align=center style='text-align:center;line-height:90%'><font face="Arial">
<font size="2">Michael Berg, Esq.<br>
Sun Healthcare Group, Inc.<br>
101
Sun Avenue NE<br>
Albuquerque, New Mexico 87109<br>
(505)
821-3355<br>
(Name,
Address and Telephone Number, Including Area Code, of Agent For Service)</font><br>
</font>
</p>

<p class=MsoNormal align=center style='margin-bottom:6.0pt;text-align:center;
line-height:90%'><font face="Arial">COPY TO:</font></p>

<p align="center"><font face="Arial"><font size="2">Richard A. Boehmer, Esq.<br>
O'Melveny &amp; Myers LLP<br>
400 S. Hope Street, 18th Floor<br>
Los Angeles, California 90071<br>
</font><br>
___________________</font></p>



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<p align="center">
<font face="Arial">CALCULATION OF REGISTRATION FEE</font></p>

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 style='margin-left:45.9pt;border-collapse:collapse' width="646" height="403">
 <tr>
  <td colspan=2 valign=top style='width:142;border-top:1.0pt solid windowtext;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:medium none;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' height="72">
  <p class=MsoNormal style='margin-right:19.45pt;line-height:90%' align="left">
  <font size="2" face="Arial"><br>
  <br>
  Title Of<br>
  Securities<br>
  To Be Registered</font></p>
  </td>
  <td valign=top style='width:89;border-top:1.0pt solid windowtext;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:medium none;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' height="72">
  <p class=MsoNormal style='margin-right:19.45pt;line-height:90%' align="left">
  <font size="2" face="Arial"><br>
  <br>
  Amount<br>
  To Be<br>
  Registered</font></p>
  </td>
  <td valign=top style='width:88;border-top:1.0pt solid windowtext;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:medium none;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' height="72">
  <p class=MsoNormal style='margin-right:19.45pt;line-height:90%' align="left">
  <font size="2" face="Arial">Proposed<br>
  Maximum<br>
  Offering<br>
  Price<br>
  Per Unit</font></p>
  </td>
  <td valign=top style='width:123;border-top:1.0pt solid windowtext;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:medium none;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' height="72">
  <p class=MsoNormal style='margin-right:19.45pt;line-height:90%' align="left">
  <font size="2" face="Arial">Proposed<br>
  Maximum<br>
  Aggregate<br>
  Offering<br>
  Price</font></p>
  </td>
  <td valign=top style='width:134;border-top:1.0pt solid windowtext;
  border-left:medium none;border-bottom:1.0pt solid windowtext;border-right:medium none;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' height="72">
  <p class=MsoNormal style='margin-right:19.45pt;line-height:90%' align="left">
  <font size="2" face="Arial"><br>
  <br>
  Amount Of<br>
  Registration<br>
  Fee</font></p>
  </td>
 </tr>
 <tr>
  <td colspan=2 valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:142;border-bottom:
  1.0pt solid windowtext;padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' height="70">
  <p class=MsoNormal style='margin-top:0in;margin-right:19.45pt;margin-bottom:
  9.0pt;margin-left:0in;line-height:90%' align="left">
  <font size="2" face="Arial">Common Stock, $0.01 par value per share</font></p>
  </td>
  <td valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:89;border-bottom:1.0pt solid windowtext;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="left" height="70">
  <p class=MsoNormal style='margin-top:9.0pt;margin-right:19.45pt;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:90%'><font face="Arial">
  <font size="2">103,834</font><sup><font size="2">(1)</font></sup></font><font size="2" face="Arial"><br>
  Shares<br>
  <br>
&nbsp;</font></p>
  </td>
  <td valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:88;border-bottom:1.0pt solid windowtext;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="left" height="70">
  <p class=MsoNormal style='margin-top:9.0pt;margin-right:19.45pt;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:90%'><font face="Arial">
  <font size="2">$6.60</font><sup><font size="2">(2)</font></sup></font></p>
  </td>
  <td valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:123;border-bottom:1.0pt solid windowtext;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="left" height="70">
  <p class=MsoNormal style='margin-top:9.0pt;margin-right:19.45pt;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:90%'><font face="Arial">
  <font size="2">$685,304.40</font><sup><font size="2">(2)</font></sup></font></p>
  </td>
  <td valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:134;border-bottom:1.0pt solid windowtext;
  padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in' align="left" height="70">
  <p class=MsoNormal style='margin-top:9.0pt;margin-right:19.45pt;margin-bottom:
  0in;margin-left:0in;margin-bottom:.0001pt;line-height:90%'><font face="Arial">
  <font size="2">$80.66</font><sup><font size="2">(2)</font></sup></font></p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:87.65pt'>
  <td valign=top style='width:48;height:18; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  &nbsp;</td>
  <td colspan=5 valign=top style='width:570;height:18; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  &nbsp;</td>
 </tr>
 <tr style='page-break-inside:avoid;height:87.65pt'>
  <td valign=top style='width:48;height:131; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-top:0in;margin-right:19.45pt;margin-bottom:
  0in;margin-left:17.3pt;margin-bottom:.0001pt;text-indent:-17.3pt;line-height:
  90%'><sup><font size="2" face="Arial">(1)</font></sup></p>
  </td>
  <td colspan=5 valign=top style='width:570;height:131; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>

  <p class=MsoNormal style='margin-right:19.45pt;text-indent:-.9pt;line-height:
  90%'><font size="2" face="Arial">This
  Registration Statement covers, in addition to the number of shares of Sun
  Healthcare Group, Inc., a Delaware corporation (the &quot;Company&quot;),
  common stock, par value $0.01 per share (the &quot;Common Stock&quot;),
  stated above, pursuant to Rule 416(c) under the Securities Act of 1933, as
  amended (the &quot;Securities Act&quot;), an additional indeterminate number
  of shares that may be offered or issued pursuant to the Peak Medical
  Corporation 1998 Stock Incentive Plan (the &quot;Plan&quot;) as a result of one
  or more adjustments under the Plan in connection with one or more stock
  splits, stock dividends or similar transactions.</font></p>

  <p class=MsoNormal style='margin-right:19.45pt;text-indent:-.9pt;line-height:
  90%'>&nbsp;</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid;height:48.9pt'>
  <td valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:48;border-bottom:1.5pt double windowtext;
  height:93; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-top:0in;margin-right:19.45pt;margin-bottom:
  6.0pt;margin-left:17.3pt;text-indent:-17.3pt;line-height:90%'><sup>
  <font size="2" face="Arial">(2)</font></sup></p>
  </td>
  <td colspan=5 valign=top style='border-left:medium none; border-right:medium none; border-top:medium none; width:570;border-bottom:1.5pt double windowtext;height:
  93; padding-left:5.4pt; padding-right:5.4pt; padding-top:0in; padding-bottom:0in'>
  <p class=MsoNormal style='margin-right:19.45pt;line-height:90%'>
  <font size="2" face="Arial">Pursuant to
  Securities Act Rule 457 (c) and (h), the maximum offering price, per share
  and in the aggregate, and the registration fee were calculated based upon the
  average of the high and low prices of the Common Stock on December 30, 2005
  [no more than five days prior to the date of filing], as quoted on the Nasdaq
  National Market.</font></p>

  <p class=MsoNormal style='margin-top:0in;margin-right:19.45pt;margin-bottom:
  0in;margin-left:17.1pt;margin-bottom:.0001pt;text-indent:-17.1pt;line-height:
  90%'><font size="2" face="Arial">The
  Exhibit Index for this registration statement is at page 9.</font></p>
  </td>
 </tr>
 <tr height=0>
  <td width=62 style='border:none' height="19"></td>
  <td width=94 style='border:none' height="19"></td>
  <td width=103 style='border:none' height="19"></td>
  <td width=102 style='border:none' height="19"></td>
  <td width=137 style='border:none' height="19"></td>
  <td width=148 style='border:none' height="19"></td>
 </tr>
</table>

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<p class=MsoNormal align=center style='text-align:center'><b>EXPLANATORY NOTE </b></p>

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sun
Healthcare Group, Inc. (the &quot;Company&quot;) is filing this Registration
Statement on Form S-8 in connection with the options granted under Peak Medical
Corporation's (&quot;Peak&quot;) 1998 Stock Incentive Plan that the Company,
pursuant to that Agreement and Plan of Merger dated May 16, 2005, as amended,
by and among the Company, Pinnacle Acquisition Corp., Peak and the Stockholders
of Peak, assumed upon the closing of the acquisition of Peak on December 9,
2005, whereby Peak became a direct wholly owned subsidiary of the Company.</p>

<p class=MsoNormal>&nbsp;</p>

<p class=MsoNormal>&nbsp;</p>

<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>1</p>



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<p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center;
line-height:90%'><b>PART I</b></p>

<p class=MsoNormal align=center style='text-align:center;line-height:90%'>INFORMATION
REQUIRED IN THE<br>
SECTION 10(a) PROSPECTUS</p>

<p class=MsoNormal style='margin-bottom:24.0pt;text-align:justify;line-height:
90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
document(s) containing the information specified in Part I of Form S-8 will be
sent or given to participants as specified by Securities Act
Rule&nbsp;428(b)(1).</p>

<p class=MsoNormal style='margin-bottom:24.0pt;text-align:justify;line-height:
90%'>&nbsp;</p>

<p class=MsoNormal style='margin-bottom:24.0pt;text-align:justify;line-height:
90%'>&nbsp;</p>

<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>2</p>



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<p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center;
line-height:90%'><b>PART II</b></p>

<p class=MsoNormal align=center style='text-align:center;line-height:90%'>INFORMATION
REQUIRED IN THE<br>
REGISTRATION STATEMENT</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.6pt;text-indent:-69.6pt;line-height:90%'><b>Item
3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Incorporation of
Certain Documents by Reference</b></p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents of the Company filed with the
Securities and Exchange Commission (the &quot;Commission&quot;) are
incorporated herein by reference: </p>

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 style='margin-left:41.4pt;border-collapse:collapse'>
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  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>(a)</p>
  </td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>The Company's
  Annual Report on Form 10-K for its fiscal year ended December&nbsp;31, 2004;</p>
  </td>
 </tr>
 <tr>
  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>(b)</p>
  </td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>The Company's
  Quarterly Reports on Forms 10-Q for its fiscal quarters ended March&nbsp;31,
  2005, June 30, 2005 and September 30, 2005;</p>
  </td>
 </tr>
 <tr>
  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>(c)</p>
  </td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>The Company's
  Current Reports on Forms 8-K filed with the Commission on March 8, 2005,
  March 14, 2005, March 15, 2005, March 28, 2005, April 14, 2005, May 17, 2005,
  May 19, 2005, June 28, 2005, August 12, 2005, September 1, 2005, September
  15, 2005, November 17, 2005, November 30, 2005, December 1, 2005, December 7,
  2005, December 15, 2005, and December 23, 2005; and</p>
  </td>
 </tr>
 <tr>
  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=54 valign=top style='width:40.5pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>(d)</p>
  </td>
  <td width=526 valign=top style='width:394.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal style='margin-bottom:12.0pt;line-height:90%'>The
  description of the Company's Common Stock contained in its Registration
  Statement on Form 8-A filed with the Commission on March 6, 2002, and any
  other amendment or report filed for the purpose of updating such description.</p>
  </td>
 </tr>
</table>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by the Company pursuant
to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934,
as amended (the &quot;Exchange Act&quot;), prior to the filing of a
post-effective amendment which indicates that all securities offered hereby
have been sold or which deregisters all securities then remaining unsold shall
be deemed to be incorporated by reference into this Registration Statement and
to be a part hereof from the date of filing of such documents.&nbsp; Any statement
contained herein or in a document, all or a portion of which is incorporated or
deemed to be incorporated by reference herein, shall be deemed to be modified
or superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document which
also is or is deemed to be incorporated by reference herein modifies or
supersedes such statement.&nbsp; Any such statement so modified or superseded shall
not be deemed, except as so modified or amended, to constitute a part of this
Registration Statement.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.85pt;text-indent:-69.85pt;line-height:90%;page-break-after:avoid'><b>Item
4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Description of
Securities</b></p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's Common Stock is registered pursuant to
Section 12 of the Exchange Act.&nbsp; Therefore, the description of securities is
omitted.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.85pt;text-indent:-69.85pt;line-height:90%;page-break-after:avoid'><b>Item
5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interests of
Named Experts and Counsel</b></p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</p>

<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>3</p>



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</div>










<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.85pt;text-indent:-69.85pt;line-height:90%;page-break-after:avoid'><b>Item
6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Indemnification
of Directors and Officers</b></p>

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As authorized by Section 102(b)(7) of the Delaware General
Corporation Law (the &quot;DGCL&quot;), the Company's Restated Certificate of
Incorporation (the &quot;Certificate&quot;) provides that a director of the
Company will not be liable to the Company or its stockholders for monetary
damages for breach of fiduciary duty as a director, except to the extent such
exemption for liability or limitation thereof is not permitted under the DGCL.
The DGCL provides that the liability of a director may not be limited (i) for
any breach of the director's duty of loyalty to the Company or its
stockholders, (ii) for acts or omissions not in good faith or that involve
intentional misconduct or a knowing violation of law, (iii) for liability for
payments of dividends of stock purchased or redemptions in violation of the
DGCL or (iv) for any transaction from which the director derived an improper
personal benefit.</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;While
the Certificate provides directors with protection from awards for monetary
damages for breaches of their duty of care, it does not eliminate such duty.
Accordingly, the Certificate will have no effect on the availability of
equitable remedies, such as an injunction or rescission based on a director's
breach of such director's duty of care.</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, the Company's bylaws (the &quot;Bylaws&quot;) provide that the
Company shall indemnify and hold harmless, to the fullest extent permitted by
applicable law as it presently exists or may hereafter be amended, any person
(a &quot;Covered Person&quot;) who was or is made or is threatened to be made a
party or is otherwise involved in any action, suit or proceeding, whether
civil, criminal, administrative or investigative (a &quot;proceeding&quot;), by
reason of the fact that he, or a person for whom he is the legal
representative, is or was a director of the Company or an officer of the
Company elected by the Board of Directors or, while a director of the Company
or an officer of the Company elected by the Board of Directors, is or was
serving at the request of the Company as a director, officer, employee or agent
of another company or of a partnership, joint venture, trust, enterprise or
nonprofit entity, including service with respect to employee benefit plans,
against all liability and loss suffered and expenses (including attorneys'
fees) reasonably incurred by such Covered Person. Notwithstanding the preceding
sentence, except as otherwise provided in the Bylaws, the Company shall be
required to indemnify a Covered Person in connection with a proceeding (or part
thereof) commenced by such Covered Person only if the commencement of such
proceeding (or part thereof) by the Covered Person was authorized by the Board
of Directors of the Company.</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company entered into Expense Indemnification Agreements with two of its current
officers and certain former officers and directors. The agreements require the
Company to indemnify such persons against expenses actually and reasonably
incurred by them under certain circumstances set forth therein. No current
directors or executive officers of the Company are covered by such agreements.</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company maintains directors' and officers' liability insurance policies
insuring directors and officers of the Company for certain covered losses as
defined in the policies.</p>



<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
above discussion of the Company's corporate documents is not intended to be
exhaustive and is qualified in its entirety by the Company's corporate
documents.</p>



<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>4</p>



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</div>



&nbsp;<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.6pt;text-indent:-69.6pt;line-height:90%'><b>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exemption
from Registration Claimed</b></p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.6pt;text-indent:-69.6pt;line-height:90%'><b>Item 8.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Exhibits</b></p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See the attached Exhibit Index at page 9, which is
incorporated herein by reference.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:69.85pt;text-indent:-69.85pt;line-height:90%;page-break-after:avoid'><b>Item
9.</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<b>Undertakings</b></p>

<p class=MsoNormal style='margin-bottom:12.0pt;text-indent:.5in;line-height:
90%;page-break-after:avoid'>(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned registrant hereby undertakes: </p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:34.8pt;text-indent:-34.8pt;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any
period in which offers or sales are being made, a post-effective amendment to
this Registration Statement:</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:1.45in;text-indent:-1.45in;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include any
prospectus required by Section 10(a)(3) of the Securities Act;</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:1.45in;text-indent:-1.45in;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To reflect in the
prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in this Registration Statement (Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the
Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume
and price represent no more than a 20 percent change in the maximum aggregate
offering price set forth in the &quot;Calculation of Registration Fee&quot;
table in the effective registration statement); and</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:1.45in;text-indent:-1.45in;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include any material information
with respect to the plan of distribution not previously disclosed in this
Registration Statement or any material change to such information in this
Registration Statement;</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:.5in;line-height:90%'><i>provided, however,</i> that paragraphs
(a)(1)(i) and (a)(1)(ii) do not apply if the information required to be
included in a post-effective amendment by those paragraphs is contained in
periodic reports filed with or furnished to the Commission by the registrant
pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by
reference in this Registration Statement.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:34.8pt;text-indent:-34.8pt;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That,
for the purpose of determining any liability under the Securities Act, each
such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial <i>bona fide</i>
offering thereof.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:34.8pt;text-indent:-34.8pt;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.</p>

<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:12.0pt;
margin-left:34.8pt;text-indent:-34.8pt;line-height:90%'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the registrant's annual
report pursuant to </p>

<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>5</p>



<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

</div>










<p class=MsoBodyText>Section 13(a) or 15(d) of the Exchange Act (and, where applicable,
each filing of an employee benefit plan's annual report pursuant to
Section&nbsp;15(d) of the Exchange Act) that is incorporated by reference in
this Registration Statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial <i>bona fide</i> offering
thereof.</p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to directors, executive officers and controlling persons of the
registrant pursuant to the provisions described in Item 6 above, or otherwise,
the registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable.&nbsp; In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed
by the final adjudication of such issue. </p>

<p class=MsoBodyText>&nbsp;</p>

<p class=MsoBodyText>&nbsp;</p>

<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>6</p>



<div class=MsoNormal align=center style='text-align:center'>

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</div>



</div>

<div class=Section3>









<p class=MsoNormal align=center style='margin-bottom:12.0pt;text-align:center'>
<b>SIGNATURES</b></p>

<p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, the
registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S&#8209;8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Irvine, State of California, on January 3,
2006.</p>







<table class=MsoTableGrid border=0 cellspacing=0 cellpadding=0
 style='margin-left:234.9pt;border-collapse:collapse'>
 <tr>
  <td width=322 valign=top style='width:241.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><br>
  <br>
  By:&nbsp;&nbsp;&nbsp;<u>&nbsp;&nbsp;/s/ Richard K. Matros&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></p>
  </td>
 </tr>
 <tr>
  <td width=322 valign=top style='width:241.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Richard
  K. Matros</p>
  </td>
 </tr>
 <tr>
  <td width=322 valign=top style='width:241.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman
  of the Board and</p>
  </td>
 </tr>
 <tr>
  <td width=322 valign=top style='width:241.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief
  Executive Officer</p>
  </td>
 </tr>
</table>



<p class=MsoNormal><b>&nbsp;</b></p>

<p class=MsoNormal align=center style='text-align:center'><b>POWER OF ATTORNEY</b></p>



<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below constitutes and
appoints Richard K. Matros, L. Bryan Shaul and Michael T. Berg, and each of them, acting
individually and without the other, as his or her true and lawful
attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any
and all capacities, to sign any and all amendments (including post-effective
amendments, exhibits thereto and other documents in connection therewith) to
this registration statement, and to file the same, with all exhibits thereto,
and other documents in connection therewith, with the Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority
to do and perform each and every act and thing requisite and necessary to be
done in connection therewith, as fully to all intents and purposes as he or she
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, or either of them individually, or their or his
or her substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.</p>

<p class=MsoBodyText>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.</p>



<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
 style='border-collapse:collapse'>

  <tr style='page-break-inside:avoid'>
   <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
   <p class=MsoNormal align=center style='text-align:center'><u>Signature</u></p>
   </td>
   <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
   <p class=MsoNormal align=center style='text-align:center'><u>Title</u></p>
   </td>
   <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
   <p class=MsoNormal align=center style='text-align:center'><u>Date</u></p>
   </td>
  </tr>

 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/&nbsp;Richard K. Matros&nbsp;&nbsp;</u><br>
  Richard K. Matros</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Chairman and Chief Executive Officer (Principal Executive
  Officer)</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 3, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u>/s/&nbsp;L. Bryan Shaul&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>
  </u>L. Bryan Shaul</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><br>
  Executive Vice President and Chief Financial Officer
  (Principal Financial Officer)</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 3, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u>/s/&nbsp;Jennifer L. Botter&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
  Jennifer L. Botter</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><br>
  Senior Vice President and Corporate Controller<br>
  (Principal Accounting Officer)</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 3, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>&nbsp;</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
</table>



<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>7</p>



<div class=MsoNormal align=center style='text-align:center'>

<hr size=2 width="100%" noshade color=navy align=center>

<p class="MsoFooter" align="center" style="line-height: 10.0pt">&nbsp;</p>

<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
 style='border-collapse:collapse' align="left">

 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u>/s/&nbsp;Gregory S. Anderson<br>
  </u>Gregory S. Anderson</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 3, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/ Tony M. Astorga&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
  Tony M. Astorga</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 6, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>&nbsp;<br>
  Christian K. Bement </p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>&nbsp;</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/&nbsp;Michael J.
  Foster&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
  Michael J. Foster</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 4, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/ Barbara B. Kennelly&nbsp;&nbsp;&nbsp;</u><br>
  Barbara B. Kennelly</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 6, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/&nbsp;Steven M. Looney&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
  Steven M. Looney</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 4, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/&nbsp;Keith W.
  Pennell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
  Keith W. Pennell</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 3, 2006</p>
  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>

  </td>
 </tr>
 <tr style='page-break-inside:avoid'>
  <td width=188 valign=bottom style='width:140.9pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal><u><br>
  /s/&nbsp;Milton J.
  Walters&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><br>
  Milton J. Walters</p>
  </td>
  <td width=219 valign=bottom style='width:164.1pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>Director</p>
  </td>
  <td width=166 valign=bottom style='width:124.65pt;padding:0in 6.0pt 0in 6.0pt'>
  <p class=MsoNormal>January 3, 2006</p>
  </td>
 </tr>
</table>

<p class="MsoFooter" align="left" style="line-height: 10.0pt">&nbsp;</p>
<p class="MsoFooter" align="left" style="line-height: 10.0pt">&nbsp;</div>



<br clear=all
style='page-break-before:always'>












<p>&nbsp;</p>
<p>&nbsp;</p>












<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>8</p>



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<p class=MsoNormal align=center style='margin-bottom:24.0pt;text-align:center'><b>EXHIBIT
INDEX</b></p>

<table class=MsoTableGrid border=0 cellspacing=0 cellpadding=0
 style='border-collapse:collapse'>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Exhibit</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal><u>Number</u></p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Description
  of Exhibit</u></p>
  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>4.1</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Peak Medical Corporation 1998 Stock Incentive Plan.</p>
  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>5.1</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Opinion of O'Melveny &amp; Myers LLP.</p>
  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>23.1</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Consent of Ernst &amp; Young LLP.</p>
  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>23.2</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Consent of KPMG LLP.</p>
  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>23.3</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Consent of O'Melveny &amp; Myers LLP (included in Exhibit
  5.1).</p>
  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>

  </td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  &nbsp;</td>
 </tr>
 <tr>
  <td width=85 valign=top style='width:63.9pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>24.1</p>
  </td>
  <td width=550 valign=top style='width:412.75pt;padding:0in 5.4pt 0in 5.4pt'>
  <p class=MsoNormal>Power of Attorney (included in this registration statement
  under &quot;Signatures&quot;).</p>
  </td>
 </tr>
</table>

<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>&nbsp;</p>



<p class=MsoFooter align=center style='text-align:center;line-height:10.0pt'>9</p>



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[{"type": "S-8", "sequence": "1", "filename": "forms81.htm", "secsgml_size_bytes": 54537}]
{"company-data": {"conformed-name": "SUN HEALTHCARE GROUP INC", "cik": "0000904978", "assigned-sic": "8051", "irs-number": "850410612", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-130916", "film-number": "06519303"}, "business-address": {"street1": "101 SUN AVENUE N E", "city": "ALBUQUERQUE", "state": "NM", "zip": "87109", "phone": "5058213355"}, "mail-address": {"street1": "101 SUN LANE N E", "city": "ALBUQERQUE", "state": "NM", "zip": "87109"}}
As filed with the
Securities and Exchange Commission on January 9, 2006
Registration No. __________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
___________________
FORM S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
___________________
Sun Healthcare
Group, Inc.
(Exact
Name of Registrant as Specified in Its Charter)
___________________
Delaware
85-0410612
(State or Other
  Jurisdiction of
(I.R.S. Employer
Incorporation or
  Organization)
Identification No.)
18831 Von Karman,
Suite 400
Irvine, California 92612
(Address,
Including Zip Code, of Principal Executive Offices)
___________________
Peak Medical Corporation 1998 Stock Incentive Plan
(Full
Title of the Plan)
___________________
Michael Berg, Esq.
Sun Healthcare Group, Inc.
101
Sun Avenue NE
Albuquerque, New Mexico 87109
(505)
821-3355
(Name,
Address and Telephone Number, Including Area Code, of Agent For Service)
COPY TO:
Richard A. Boehmer, Esq.
O'Melveny & Myers LLP
400 S. Hope Street, 18th Floor
Los Angeles, California 90071
___________________
CALCULATION OF REGISTRATION FEE
Title Of
Securities
To Be Registered
Amount
To Be
Registered
Proposed
Maximum
Offering
Price
Per Unit
Proposed
Maximum
Aggregate
Offering
Price
Amount Of
Registration
Fee
Common Stock, $0.01 par value per share
103,834
(1)
Shares
$6.60
(2)
$685,304.40
(2)
$80.66
(2)
(1)
This
  Registration Statement covers, in addition to the number of shares of Sun
  Healthcare Group, Inc., a Delaware corporation (the "Company"),
  common stock, par value $0.01 per share (the "Common Stock"),
  stated above, pursuant to Rule 416(c) under the Securities Act of 1933, as
  amended (the "Securities Act"), an additional indeterminate number
  of shares that may be offered or issued pursuant to the Peak Medical
  Corporation 1998 Stock Incentive Plan (the "Plan") as a result of one
  or more adjustments under the Plan in connection with one or more stock
  splits, stock dividends or similar transactions.
(2)
Pursuant to
  Securities Act Rule 457 (c) and (h), the maximum offering price, per share
  and in the aggregate, and the registration fee were calculated based upon the
  average of the high and low prices of the Common Stock on December 30, 2005
  [no more than five days prior to the date of filing], as quoted on the Nasdaq
  National Market.
The
  Exhibit Index for this registration statement is at page 9.
EXPLANATORY NOTE
Sun
Healthcare Group, Inc. (the "Company") is filing this Registration
Statement on Form S-8 in connection with the options granted under Peak Medical
Corporation's ("Peak") 1998 Stock Incentive Plan that the Company,
pursuant to that Agreement and Plan of Merger dated May 16, 2005, as amended,
by and among the Company, Pinnacle Acquisition Corp., Peak and the Stockholders
of Peak, assumed upon the closing of the acquisition of Peak on December 9,
2005, whereby Peak became a direct wholly owned subsidiary of the Company.
1
PART I
INFORMATION
REQUIRED IN THE
SECTION 10(a) PROSPECTUS
The
document(s) containing the information specified in Part I of Form S-8 will be
sent or given to participants as specified by Securities Act
Rule 428(b)(1).
2
PART II
INFORMATION
REQUIRED IN THE
REGISTRATION STATEMENT
Item
3.          Incorporation of
Certain Documents by Reference
The following documents of the Company filed with the
Securities and Exchange Commission (the "Commission") are
incorporated herein by reference:
(a)
The Company's
  Annual Report on Form 10-K for its fiscal year ended December 31, 2004;
(b)
The Company's
  Quarterly Reports on Forms 10-Q for its fiscal quarters ended March 31,
  2005, June 30, 2005 and September 30, 2005;
(c)
The Company's
  Current Reports on Forms 8-K filed with the Commission on March 8, 2005,
  March 14, 2005, March 15, 2005, March 28, 2005, April 14, 2005, May 17, 2005,
  May 19, 2005, June 28, 2005, August 12, 2005, September 1, 2005, September
  15, 2005, November 17, 2005, November 30, 2005, December 1, 2005, December 7,
  2005, December 15, 2005, and December 23, 2005; and
(d)
The
  description of the Company's Common Stock contained in its Registration
  Statement on Form 8-A filed with the Commission on March 6, 2002, and any
  other amendment or report filed for the purpose of updating such description.
All documents subsequently filed by the Company pursuant
to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), prior to the filing of a
post-effective amendment which indicates that all securities offered hereby
have been sold or which deregisters all securities then remaining unsold shall
be deemed to be incorporated by reference into this Registration Statement and
to be a part hereof from the date of filing of such documents.  Any statement
contained herein or in a document, all or a portion of which is incorporated or
deemed to be incorporated by reference herein, shall be deemed to be modified
or superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document which
also is or is deemed to be incorporated by reference herein modifies or
supersedes such statement.  Any such statement so modified or superseded shall
not be deemed, except as so modified or amended, to constitute a part of this
Registration Statement.
Item
4.          Description of
Securities
The Company's Common Stock is registered pursuant to
Section 12 of the Exchange Act.  Therefore, the description of securities is
omitted.
Item
5.          Interests of
Named Experts and Counsel
Not applicable.
3
Item
6.          Indemnification
of Directors and Officers
As authorized by Section 102(b)(7) of the Delaware General
Corporation Law (the "DGCL"), the Company's Restated Certificate of
Incorporation (the "Certificate") provides that a director of the
Company will not be liable to the Company or its stockholders for monetary
damages for breach of fiduciary duty as a director, except to the extent such
exemption for liability or limitation thereof is not permitted under the DGCL.
The DGCL provides that the liability of a director may not be limited (i) for
any breach of the director's duty of loyalty to the Company or its
stockholders, (ii) for acts or omissions not in good faith or that involve
intentional misconduct or a knowing violation of law, (iii) for liability for
payments of dividends of stock purchased or redemptions in violation of the
DGCL or (iv) for any transaction from which the director derived an improper
personal benefit.
While
the Certificate provides directors with protection from awards for monetary
damages for breaches of their duty of care, it does not eliminate such duty.
Accordingly, the Certificate will have no effect on the availability of
equitable remedies, such as an injunction or rescission based on a director's
breach of such director's duty of care.
In
addition, the Company's bylaws (the "Bylaws") provide that the
Company shall indemnify and hold harmless, to the fullest extent permitted by
applicable law as it presently exists or may hereafter be amended, any person
(a "Covered Person") who was or is made or is threatened to be made a
party or is otherwise involved in any action, suit or proceeding, whether
civil, criminal, administrative or investigative (a "proceeding"), by
reason of the fact that he, or a person for whom he is the legal
representative, is or was a director of the Company or an officer of the
Company elected by the Board of Directors or, while a director of the Company
or an officer of the Company elected by the Board of Directors, is or was
serving at the request of the Company as a director, officer, employee or agent
of another company or of a partnership, joint venture, trust, enterprise or
nonprofit entity, including service with respect to employee benefit plans,
against all liability and loss suffered and expenses (including attorneys'
fees) reasonably incurred by such Covered Person. Notwithstanding the preceding
sentence, except as otherwise provided in the Bylaws, the Company shall be
required to indemnify a Covered Person in connection with a proceeding (or part
thereof) commenced by such Covered Person only if the commencement of such
proceeding (or part thereof) by the Covered Person was authorized by the Board
of Directors of the Company.
The
Company entered into Expense Indemnification Agreements with two of its current
officers and certain former officers and directors. The agreements require the
Company to indemnify such persons against expenses actually and reasonably
incurred by them under certain circumstances set forth therein. No current
directors or executive officers of the Company are covered by such agreements.
The
Company maintains directors' and officers' liability insurance policies
insuring directors and officers of the Company for certain covered losses as
defined in the policies.
The
above discussion of the Company's corporate documents is not intended to be
exhaustive and is qualified in its entirety by the Company's corporate
documents.
4
Item 7.          Exemption
from Registration Claimed
Not applicable.
Item 8.
Exhibits
See the attached Exhibit Index at page 9, which is
incorporated herein by reference.
Item
9.
Undertakings
(a)          The
undersigned registrant hereby undertakes:
(1)     To file, during any
period in which offers or sales are being made, a post-effective amendment to
this Registration Statement:
(i)     To include any
prospectus required by Section 10(a)(3) of the Securities Act;
(ii)     To reflect in the
prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in this Registration Statement (Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the
Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume
and price represent no more than a 20 percent change in the maximum aggregate
offering price set forth in the "Calculation of Registration Fee"
table in the effective registration statement); and
(iii)     To include any material information
with respect to the plan of distribution not previously disclosed in this
Registration Statement or any material change to such information in this
Registration Statement;
provided, however,
that paragraphs
(a)(1)(i) and (a)(1)(ii) do not apply if the information required to be
included in a post-effective amendment by those paragraphs is contained in
periodic reports filed with or furnished to the Commission by the registrant
pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by
reference in this Registration Statement.
(2)          That,
for the purpose of determining any liability under the Securities Act, each
such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(3)          To
remove from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(b)      The
undersigned registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the registrant's annual
report pursuant to
5
Section 13(a) or 15(d) of the Exchange Act (and, where applicable,
each filing of an employee benefit plan's annual report pursuant to
Section 15(d) of the Exchange Act) that is incorporated by reference in
this Registration Statement shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities
at that time shall be deemed to be the initial
bona fide
offering
thereof.
(c)     Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to directors, executive officers and controlling persons of the
registrant pursuant to the provisions described in Item 6 above, or otherwise,
the registrant has been advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable.  In the event that a claim for indemnification
against such liabilities (other than the payment by the registrant of expenses
incurred or paid by a director, officer or controlling person of the registrant
in the successful defense of any action, suit or proceeding) is asserted by
such director, officer or controlling person in connection with the securities
being registered, the registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed
by the final adjudication of such issue.
6
SIGNATURES
Pursuant to the requirements of the Securities Act, the
registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S‑8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Irvine, State of California, on January 3,
2006.
By:
/s/ Richard K. Matros
Richard
  K. Matros
Chairman
  of the Board and
Chief
  Executive Officer
POWER OF ATTORNEY
Each person whose signature appears below constitutes and
appoints Richard K. Matros, L. Bryan Shaul and Michael T. Berg, and each of them, acting
individually and without the other, as his or her true and lawful
attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any
and all capacities, to sign any and all amendments (including post-effective
amendments, exhibits thereto and other documents in connection therewith) to
this registration statement, and to file the same, with all exhibits thereto,
and other documents in connection therewith, with the Commission, granting unto
said attorneys-in-fact and agents, and each of them, full power and authority
to do and perform each and every act and thing requisite and necessary to be
done in connection therewith, as fully to all intents and purposes as he or she
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, or either of them individually, or their or his
or her substitute or substitutes, may lawfully do or cause to be done by virtue
hereof.
Pursuant to the requirements of the Securities Act, this
Registration Statement has been signed below by the following persons in the
capacities and on the dates indicated.
Signature
Title
Date
/s/ Richard K. Matros
Richard K. Matros
Chairman and Chief Executive Officer (Principal Executive
  Officer)
January 3, 2006
/s/ L. Bryan Shaul
L. Bryan Shaul
Executive Vice President and Chief Financial Officer
  (Principal Financial Officer)
January 3, 2006
/s/ Jennifer L. Botter
Jennifer L. Botter
Senior Vice President and Corporate Controller
(Principal Accounting Officer)
January 3, 2006
7
/s/ Gregory S. Anderson
Gregory S. Anderson
Director
January 3, 2006
/s/ Tony M. Astorga
Tony M. Astorga
Director
January 6, 2006
Christian K. Bement
Director
/s/ Michael J.
  Foster
Michael J. Foster
Director
January 4, 2006
/s/ Barbara B. Kennelly
Barbara B. Kennelly
Director
January 6, 2006
/s/ Steven M. Looney
Steven M. Looney
Director
January 4, 2006
/s/ Keith W.
  Pennell
Keith W. Pennell
Director
January 3, 2006
/s/ Milton J.
  Walters
Milton J. Walters
Director
January 3, 2006
8
EXHIBIT
INDEX
Exhibit
Number
Description
  of Exhibit
4.1
Peak Medical Corporation 1998 Stock Incentive Plan.
5.1
Opinion of O'Melveny & Myers LLP.
23.1
Consent of Ernst & Young LLP.
23.2
Consent of KPMG LLP.
23.3
Consent of O'Melveny & Myers LLP (included in Exhibit
  5.1).
24.1
Power of Attorney (included in this registration statement
  under "Signatures").
9