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 1, 2006
--------------
Island Residences Club, Inc.
-------------------------------
(Exact name of registrant as specified in its charter)
DE 000-49978 20-2443790
-- --------- ----------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1769-203 Jamestown Road, Williamsburg, VA 23185
--------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (757) 927-6848
---------------
________________________________________________________________________________
(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 (see General Instructions A.2 below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
Item 1.01 Entry into a Material Definitive Agreement
On June 9, 2006, we reported that on June 7, 2006, we appointed Julian James
Bristow as the Company's Chief Operating Officer and Vice President of
Operations and Bettina Pfeiffer as the Company's Vice President of Sales &
Marketing for the Company for a period of one-year beginning July 1, 2006.
Effective July 1, 2006, we entered into employment agreements with both of these
individuals for a term of one year. Both agreements provide for compensation of
$2,000 per month during the employment term.
These agreements have been filed as exhibits to this Form 8-K.
Mr. Bristow is the son of Graham J. Bristow, Chief Executive Officer, director
and majority shareholder of the Company.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
10.1 Employment Agreement with Julian James Bristow
10.2 Employment Agreement with Bettina Pfeiffer
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: July 5, 2006
(Registrant): Island Residences Club, Inc.
-------------------------------
(Signature): /s/Graham Bristow
------------------
Graham Bristow, Chief Executive Officer