Hi

>When ActiveX excel worksheet control is added on VFP form and then edited in design time, where does entered excel values go ?
>Where they are stored ?

In the OLE field of the form.scx

>Can they be shipped together with exe or
>they have to be shipped in some xls file separately ?

They should be able to be shipped as they are stored in the form.

>When excel sheet (template) is shown on VFP form at run time, can it's values
>be accessed and manipulated via OLE automation simillar to openining
>independent excel file via automation ?

Use oForm.ExcelControl.Object to access the workbook.