Summary of BASIN WATER, INC.

Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Basin Water, Inc. (the "Company") announced that Thomas C. Tekulve, the Company's former Vice President of Finance-Business Development, resigned from the Company on October 8, 2008 to pursue other interests. In connection with his resignation, Mr. Tekulve will receive (a) severance of six months' base salary,
(b) continued healthcare benefits for six months, (c) automatic acceleration of 100% of the vesting of his options and restricted stock and (d) outplacement services of $15,000. In addition, Mr. Tekulve's outstanding stock options will be exercisable until July 1, 2011.

A copy of Mr. Tekulve's Resignation Letter Agreement is filed herewith as Exhibit 10.35, and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

d) Exhibits

Exhibit No.      Document

   10.35         Resignation Letter Agreement, dated October 13, 2008, between the
                 Company and Thomas C. Tekulve