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Quotes & Info
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| BJCT.OB > SEC Filings for BJCT.OB > Form 8-K on 31-Mar-2009 | All Recent SEC Filings |
31-Mar-2009
Entry into a Material Definitive Agreement, Financial Statements
On March 25, 2009, Bioject Medical Technologies, Inc. entered into a third
amendment to Bioject's lease agreement with its landlord pursuant to which
Bioject deferred $12,000 of rent for each of February, March and April 2009. The
deferrals, plus accrued interest at 9% per annum, are due within 60 days upon
the earlier to occur of (i) a sale of all or substantially all of the assets of
Bioject; (ii) the raising of capital or equity of $3.0 million or more;
(iii) the entering into of a strategic partnership with up-front payments over
$300,000; or (iv) a default under the lease. If none of these events have
occurred by December 31, 2010, the deferred amounts will become due in 12 equal
monthly installments beginning January 1, 2011.
(d) Exhibits
The following exhibit is furnished herewith and this list is intended to constitute the exhibit index:
10.1 Third Amendment to Lease dated March 25, 2009 by and between the NewTower
Trust Multi-Employer Property Trust and Bioject Medical Technologies Inc.
Incorporated by reference to Form 10-K filed March 31, 2009.
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