<SEC-DOCUMENT>0001019687-12-000337.txt : 20120206
<SEC-HEADER>0001019687-12-000337.hdr.sgml : 20120206
<ACCEPTANCE-DATETIME>20120206135040
ACCESSION NUMBER:		0001019687-12-000337
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120201
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20120206
DATE AS OF CHANGE:		20120206

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SAVE THE WORLD AIR INC
		CENTRAL INDEX KEY:			0001103795
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		IRS NUMBER:				522088326
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-29185
		FILM NUMBER:		12572984

	BUSINESS ADDRESS:	
		STREET 1:		235 TENNANT AVE #5
		CITY:			MORGAN HILL
		STATE:			CA
		ZIP:			95037
		BUSINESS PHONE:		818-487-8000

	MAIL ADDRESS:	
		STREET 1:		235 TENNANT AVE #5
		CITY:			MORGAN HILL
		STATE:			CA
		ZIP:			95037
</SEC-HEADER>
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<TYPE>8-K
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<div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(2)<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;Since March 2009, to the present, Mr. Bigger, age 44, has and continues to serve as a principal at Rocfin Advisors LLC (&#8220;Rocfin Advisors&#8221;), a firm located in Tiburon, California. Rocfin Advisors is an acronym for regulatory, operational, compliance and finance, and is a strategic advisory, financial and management consulting firm specializing in addressing the needs of highly regulated industries.&#160;Rocfin Advisors has knowledge and expertise in the highly regulated health care, financial services and banking industries, with additional expertise in technology, environmental and energy sectors. Mr. Bigger will be available, and will continue, to provide services to Rocfin Advisors while he serves as Registrant&#8217;s CFO.</font></div>

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<div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Prior to Rocfin Advisors, during the period January 2005, through March 2009, Mr.&#160;Bigger was the founder and a member of the Board of Directors of the Bank of Santa Barbara, located in Santa Barbara, California. Mr.&#160;Bigger coordinated the development and creation of the bank, raised the necessary initial capital for the bank, recruited and organized the bank&#8217;s Board of Directors, executive team and staff, assisted in developing the bank&#8217;s credit policies, and was responsible for execution of the banks business strategy, growth and success in the region. As a director of the bank, Mr. Bigger was authorized and approved to sign call reports (financial statements) as trustee for reporting purposes.</font></div>

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<div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">Earlier in his career, Mr. Bigger held a variety of key management and leadership positions including positions at U.S. Trust as a Vice-President in the private client group, and First Republic Bank as a Vice-President and Manager in the private banking group. He was instrumental in First Republic Bank&#8217;s successful launch to commercial operations and its overall success in Santa Barbara, California.</font></div>

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<div style="TEXT-ALIGN: justify; LINE-HEIGHT: 1.25; TEXT-INDENT: 36pt; DISPLAY: block; MARGIN-LEFT: 0pt; MARGIN-RIGHT: 0pt"><font style="DISPLAY: inline; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">(3)<font id="TAB2" style="LETTER-SPACING: 9pt">&#160;&#160;&#160;</font>&#160;In connection with Mr. Bigger&#8217;s employment as Registrant&#8217;s CFO, he will be paid an initial acceptance bonus of $10,000.00. Effective February 1, 2012, he will be paid a monthly salary of $10,000.00, plus an automobile allowance of $900.00 per month. He will be provided three (3) weeks vacation time for each twelve (12) month period of employment, and the initial term of his employment is twelve (12) months.&#160;&#160;Mr. Bigger will also be awarded stock options in the future pursuant to such terms and conditions as Registrant&#8217;s Board of Directors shall determine.</font></div>

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