UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~July~~November 12, ~~2009~~2010

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SES Solar Inc.

(Exact name of Registrant as specified in its charter)

Delaware	000- 49891	33-0860242
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

129 Route de Saint-Julien, Plan-les-Ouates Geneva, Switzerland	1228
chemin du Champ-des-Filles 36, Plan-les-Ouates Geneva, Switzerland	1228
(Address of principal executive offices)	(Zip Code)

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Registrant’s telephone number, including area code: 41.22.884.1484

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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 (see General Instruction A.2. below):

[o ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[o ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[o ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[o ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 15.01. ~~Entry~~Changes ~~into~~in aControl ~~Material~~of ~~Definitive Agreement~~Registrant.

On ~~October~~November 272, ~~2008~~2010, ~~SES~~Christiane ~~Solar~~Erné ~~Inc.~~entered ~~(the~~into an agreement with Flannel Management sarl (“~~Company~~Flannel Management”), ~~through~~whereby ~~its~~Christiane ~~wholly~~Erné ~~owned~~sold to Flannel Management ~~subsidiary~~34,766,508 ~~SES~~shares ~~Société~~of ~~d’Energie~~common ~~Solaire SA~~stock, ~~signed~~par avalue ~~six~~$0.001 ~~month~~per ~~CHF5,000,000 (five~~share ~~million~~(“Common Stock”), ~~credit~~of ~~facility~~SES ~~with~~Solar Inc. (the ~~Geneva~~“Company”) in ~~State~~exchange ~~Department~~for of600,000 ~~Territory~~Swiss ~~– Service~~francs ~~of Energy~~ (~~hereinafter,~~the “~~ScanE~~Stock Sale Agreement”). Pursuant to ~~finance~~the ~~improvements~~terms atof the ~~Company’s~~ ~~manufacturing~~Stock ~~facility~~Sale Agreement, ~~located~~Flannel inManagement ~~Geneva~~paid 500,000 ~~Switzerland.~~Swiss ~~The~~francs ~~credit facility~~on isNovember ~~secured~~2, by2010, ~~a 4th ranked~~and ~~mortgage~~covenanted onto pay the ~~building~~remaining ~~and~~100,000 ~~carried~~Swiss anfrancs ~~interest~~by ~~rate~~November ~~of 4%~~10, 2010. AsFollowing the consummation of the transactions contemplated by ~~previously~~the ~~disclosed~~Stock inSale Agreement, the ~~Company’s~~34,766,508 ~~quarterly~~shares ~~report~~of onCommon ~~Form~~Stock ~~10-Q~~owned ~~for~~by ~~the~~Flannel ~~three~~Management ~~months~~represent ~~ended~~approximately ~~March~~47.6% ~~31,~~of ~~2009~~the 72,984,168 ~~filed~~shares onof ~~May~~Common Stock ~~15,~~issued ~~2009, the~~and ~~credit facility~~outstanding ~~matured~~as onof ~~April~~November 272, ~~2009~~2010. Sandrine Crisafulli, ~~although~~ the ~~Company~~chief ~~submitted~~financial aofficer ~~formal request~~and tochief ~~ScanE~~operating onofficer ~~May~~of 7the Company, ~~2009~~is tothe ~~extend~~sole ~~the~~shareholder ~~credit~~and ~~facility’s~~managing ~~maturity~~officer of Flannel ~~date~~Management.

~~By decision~~Item ~~dated~~5.02 ~~July~~Departure 1,of ~~2009,~~Directors ~~ScanE~~or ~~agreed~~Certain toOfficers; ~~extend~~Election ~~the~~of ~~maturity~~Directors; ~~date~~Appointment of ~~the credit~~Certain ~~facility~~Officers; ~~for~~Compensatory anArrangements ~~additional~~of ~~six~~Certain ~~months, commencing May 7, 2009~~Officers. ~~The Company also successfully negotiated a reduction in the interest rate from 4% to 3% per annum, also commencing May 7, 2009.~~

A(b) In connection ~~copy~~with of the ~~amended~~Stock ~~credit~~Sale ~~facility~~Agreement, ~~dated~~Daniel ~~July~~Erné 1,resigned ~~2009~~from his position as a director of the Company and from his position as administrator of SES Société d’Energie Solaire S.A., isa ~~filed~~subsidiary of the Company (“SES Switzerland”), effective as ~~Exhibit~~of 99November 2, 2010.1 Also ~~hereto~~in ~~and~~connection iswith ~~incorporated~~the ~~herein~~Stock bySale ~~reference~~Agreement, Christiane Erné resigned from her position as the chief executive officer of the Company effective as of November 2, 2010.

~~Item~~(c) On November 2, 2010, the board of directors of the Company appointed Philippe Crisafulli, 55, to serve as the Company’s new chief executive officer.03 Philippe Crisafulli will serve as chief executive officer of the Company until removed by the board of directors or until his successor is elected and qualified. Philippe ~~Creation~~Crisafulli is the husband of Sandrine Crisafulli, the chief financial officer and chief operating officer of the Company and the sole shareholder and managing officer of Flannel Management. During the past five years, Philippe Crisafulli has been employed by Flannel Management and has provided consulting services to the Company as discussed below. SES Switzerland has a ~~Direct~~consulting agreement ~~Financial~~with ~~Obligation~~Flannel orManagement, andated ~~Obligation~~October ~~under~~1, an2006, ~~Off-Balance~~pursuant ~~Sheet~~to ~~Arrangement~~which Flannel Management receives a monthly consulting fee of approximately $18,500 for consulting services rendered by Philippe Crisafulli. The contract is for a ~~Registrant~~guaranteed 10-year term and, if earlier terminated, SES Switzerland must pay the consulting fee for the full term.

~~As noted~~(d) On ~~above,~~November ~~on July 1~~2, ~~2009~~2010, ~~ScanE granted~~ the ~~Company’s~~board ~~request~~of ~~that~~directors of the ~~term~~Company ofelected ~~its~~Philippe ~~six~~Crisafulli ~~month~~to ~~credit~~fill ~~facility,~~the ~~dated~~vacancy ~~October~~on ~~27,~~the ~~2008,~~board beof ~~extended. The amended~~directors ~~agreement’s~~created ~~new~~by ~~maturity~~the resignation ~~date~~of isDaniel ~~November 7, 2009~~Erné. ~~Other~~ Philippe ~~than~~Crisafulli shall ~~with~~serve as director ~~respect~~for tothe ~~this~~unexpired term of ~~new~~Daniel ~~maturity~~Erné until ~~date and the~~his ~~reduction~~successor inis ~~the~~elected ~~interest~~and ~~rate~~qualified. ~~from~~The 4%discussion toabove ~~3%,~~regarding ~~commencing~~Philippe Crisafulli ~~May~~and 7,his ~~2009,~~relationship ~~the information~~to ~~required~~Flannel byManagement ~~this~~is ~~Item~~incorporated ~~2.03~~herein ~~has been previously~~by ~~reported~~reference.

Item 9.01. Financial Statements and Exhibits.

(c)	Exhibits
Exhibit 99.1	Amended Credit Facility, dated July 1, 2009, between SES Solar Inc. and the Geneva State Department of Territory – Service of Energy

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 6, 2009	SES SOLAR INC.
	By:	/s/ Sandrine Crisafulli
		Sandrine Crisafulli
		Chief Financial Officer and Chief Operating Officer

Dated: November 8, 2010

~~EXHIBIT INDEX~~ SES SOLAR INC. By: /s/ Sandrine Crisafulli Sandrine Crisafulli Chief Financial Officer and Chief Operating Officer

Description 99.1 Amended Credit Facility, dated July 1, 2009, between SES Solar Inc. and the Geneva State Department of Territory – Service of Energy

Filing Compare · SES SOLAR INC.