UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): February 119, 2007

Catcher Holdings, Inc.

(Exact name of registrant as specified in its charter)

Delaware

000-50299

62-0201385

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(I.R.S. Employer

Identification Number)

44084 Riverside Parkway, Suite 320

Lansdowne, Virginia 20176

(Address of Principal Executive Offices, including zip code)

(703) 723-2700

(Registrant’s telephone number, including area code)

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:

¨	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 1.01

Entry into a Material Definitive Agreement.

As discussed further below under Item 5.02, Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, on February 1 19, 2007, Catcher, Inc. (“Catcher”), the wholly owned subsidiary of Catcher Holdings, Inc. (the “Company”), entered into an Executive Employment Agreement (the “Employment Agreement”), dated ~~December 7~~February 19, ~~2006~~2007, with ~~Denis~~Robert ~~McCarthy,~~H. Turner pursuant to which Mr. Turner will act as the Company’s Chief ~~Financial~~Executive Officer.

Item 5.02

Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

AsCharles ~~reported above under Item 1.01~~Sander, ~~Entry into a Material Definitive Agreement, on February 1, 2007, Catcher, Inc. (“Catcher”),~~ the ~~wholly owned~~Chief ~~subsidiary of Catcher Holdings, Inc., entered into an~~ Executive ~~Employment Agreement (the “Employment Agreement”), dated December 7, 2006, with Denis McCarthy, the Company’s Chief Financial~~ Officer. ~~Under the Employment Agreement, the Company will pay Mr. McCarthy an annual base salary of $200,000~~ and hea ~~will~~member ~~be eligible to receive an annual bonus between fifty percent (50%) and one hundred percent (100%)~~ of ~~such~~the ~~annual~~Board ~~base salary based on achievement~~ of ~~goals~~Directors ~~and objectives established by the Company. In addition, pursuant to the Employment Agreement, the Company granted Mr. McCarthy an option to purchase 200,000 shares~~ of the Company’s ~~Common Stock a price per share of $0.99~~ (the “~~Stock Option~~Board”) ~~and 50~~,~~000~~ ~~shares~~resigned ~~of restricted common stock (the “Restricted Stock”), each~~ in ~~accordance~~his ~~with~~capacity ~~the~~as ~~Company’s~~Chief ~~2005 Stock Incentive Plan (the “Plan”). 1/3 of the shares subject to the Stock~~Executive ~~Option~~Officer ~~will~~and ~~vest~~Director oneffective February 1, ~~2008 and 1/36 of the shares subject to the Stock Option will vest each month thereafter for the next 24 months~~19, ~~subject~~2007. ~~to earlier termination following the cessation of~~ Mr. ~~McCarthy’s~~Sander ~~service~~will ~~with~~continue ~~the Company~~to orbe ~~termination~~employed ~~for~~by ~~Cause~~Catcher ~~(as defined~~ in ~~the Plan). In addition, the vesting of the Stock Option will accelerate upon the occurrence of~~ a ~~Change~~non-executive ~~in Control or Corporate Transaction (as those terms are defined in the Plan)~~position. 1/2 of the Restricted Shares will vest on February 1, 2008 and the remaining 1/2 will vest on February 1, 2009. The Employment Agreement is for an indefinite period of time and is terminable by either party without any advance notice.

~~The~~On February 19, ~~description~~2007, of the ~~terms~~Company ofappointed ~~the~~Robert ~~Employment~~H. ~~Agreement~~Turner ~~set~~to ~~forth~~the ~~above~~position isof ~~incorporated~~Chief ~~herein~~Executive byOfficer. ~~reference~~On ~~and~~February 19, ~~qualified~~2007, ~~in its entirety by reference to~~ the ~~Executive Employment~~Board ~~Agreement~~appointed ~~which~~Robert isH. ~~filed~~Turner ~~with this current report~~ as ~~Exhibit~~a ~~10.33.~~Director ~~The~~to ~~description~~fill ofa ~~the~~vacancy ~~terms~~on of the ~~Plan~~Board, isto ~~qualified~~serve inuntil ~~its~~his ~~entirety~~successor byis duly ~~reference~~appointed toand ~~the~~qualified ~~Company’s~~or ~~2005~~until ~~Stock~~his ~~Incentive~~earlier ~~Plan~~death, ~~attached~~resignation asor ~~Exhibit~~removal. 10Mr.1 Turner towas ~~the~~also ~~Current Report~~named onChairman ~~Form~~of ~~8-K filed by~~ the ~~Company on October 27, 2005~~Board.

As reported above under Item 1.01, Entry into a Material Definitive Agreement, on February 19, 2007, Catcher, the wholly owned subsidiary of the Company, entered into an Executive Employment Agreement, dated February 19, 2007, with Robert H. Turner pursuant to which Mr. Turner will act as the Company’s Chief Executive Officer. Under the Employment Agreement, the Company will pay Mr. Turner an annual base salary of $285,000 and he will be eligible to receive an annual bonus between zero percent (0%) and fifty percent (50%) of such annual base salary based on achievement of goals and objectives to be established by the Company (“Annual Bonus”). In addition, pursuant to the Employment Agreement and contingent upon the filing of a Registration Statement on Form S-8 and compliance with any applicable state securities requirements, the Company will grant to Mr. Turner 1,600,000 shares of restricted common stock (the “Restricted Stock”), in accordance with the Company’s 2005 Stock Incentive Plan (the “Plan”). One-third of the Restricted Shares will vest on each of the first, second and third anniversary of the date of grant. The Employment Agreement is for a period of three years and is terminable by either party without any advance notice. If Mr. Turner is terminated without Cause (as that term is defined in the Employment Agreement), he will be entitled to the payment of 6 months of his base salary and any earned Annual Bonus as of the termination date.

A telecommunications industry veteran with almost three decades experience, Mr. Turner founded in 1988 and currently oversees Turner Telecom Holdings Group, LLC, an executive management and board services consultancy, where he utilizes his international management experience to accelerate the growth of his clients, which have included global technology and telecom companies, startups, turnarounds, high-growth ventures and multinational corporations.

Since 2006, Mr. Turner also has been serving on the Board of Pandora Networks (“Pandora”), where he has assisted in the company’s first institutional series investment and provided guidance to the executive management team and investors.

Starting in 2005, prior to joining Pandora’s Board, Mr. Turner was Executive Chairman of LastMile Communications, a London-based provider of secure, edge of the network wireless content delivery solutions. There he was successful in setting the company’s go-to-market strategy as well as securing growth capital in post seed financing rounds. Starting in 2003, Mr. Turner led the merger of IP Deliver (as Chair and CEO) with Proficient Networks to form InfiniRoute, the industry’s first carrier-neutral, fully-managed service, managing VoIP routing for wireline, wireless and emerging carriers. As Chief Executive at IP Deliver, he was instrumental in the firm’s three rounds of raising capital.

Mr. Turner also served as Chairman and Group Chief Executive, of Davnet Limited, and has held executive positions with EON Corp, TeleZone Inc., PTT Telecom Netherlands, US, Inc., and BellSouth Communications, Inc., where he was President and Chief Operating Officer. Mr. Turner began his career at AT&T Corporation, where he held senior roles in sales and marketing.

Mr. Turner earned a BS and an MBA from University of South Carolina. He is 58 years old.

The description of the terms of the Employment Agreement set forth above is incorporated herein by reference and qualified in its entirety by reference to the Executive Employment Agreement which is filed with this current report as Exhibit 10.34. The description of the terms of the Plan is qualified in its entirety by reference to the Company’s 2005 Stock Incentive Plan attached as Exhibit 10.1 to the Current Report on Form 8-K filed by the Company on October 27, 2005.

Item 9.01 Financial Statements and Exhibits

(d)

Exhibits.

10.3334 Executive Employment Agreement, dated as of ~~December~~February 719, ~~2006~~2007 by and between Catcher, Inc. and ~~Denis~~Robert ~~McCarthy~~H. Turner.

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.

	CATCHER HOLDINGS, INC.
February 6, 2007	By:	/s/ Denis McCarthy
February 21, 2007	By:	/s/ Denis McCarthy
		Denis McCarthy
		Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Description
10.33		Executive Employment Agreement, dated as of December 7, 2006 by and between Catcher, Inc. and Denis McCarthy.

EXHIBIT INDEX


Exhibit No.		Description
10.34		Executive Employment Agreement, dated as of February 19, 2007 by and between Catcher, Inc. and Robert H. Turner.

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