EFFECTIVE AUGUST 23RD, 2004 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): APRIL 21, 2005 N-VIRO INTERNATIONAL CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) DELAWARE 0-21802 34-1741211 (STATE OR OTHER JURISDICTION OF (COMMISSION FILE NUMBER) INCORPORATION OR ORGANIZATION) (IRS EMPLOYER IDENTIFICATION NO.) 3450 W. CENTRAL AVENUE, SUITE 328 TOLEDO, OHIO 43606 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (419) 535-6374 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): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 - Other Events N-Viro International Corporation was notified on April 22, 2005 that the Delaware Chancery Court, or the Court, issued an order on April 21, 2005 that the Company's Settlement Agreement and Release, or the Agreement, filed June 30, 2004 of a derivative action by Strategic Asset Management, Inc. has been confirmed and approved, with one change to the Agreement. The Court awarded the sum of $150,000 for fees and expenses. The Order has been attached to this filing as Exhibit 10.1. N-Viro International Corporation was notified on April 22, 2005 that Strategic Asset Management, Inc., or SAMI, the Plaintiff, and Mark Behringer, the Intervening Plaintiff, jointly filed a Notice of Motion of Dismissal Pursuant to Rule 41(a) on April 22, 2005, dismissing the derivative action by SAMI. The Notice of Motion of Dismissal Pursuant to Rule 41(a) has been attached to this filing as Exhibit 10.2. Item 9.01 - Financial Statements and Exhibits (c) Exhibits Exhibit No. Description 10.1 Delaware Chancery Court Order dated April 21, 2005. 10.2 Notice of Motion of Dismissal Pursuant to Rule 41(a) dated April 22, 2005. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. N-VIRO INTERNATIONAL CORPORATION Dated: April 29, 2005 By: /s/ James K. McHugh -------------- ---------------------- James K. McHugh Chief Financial Officer