Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
WBSN > SEC Filings for WBSN > Form 8-K on 29-Nov-2012All Recent SEC Filings

Show all filings for WEBSENSE INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for WEBSENSE INC


29-Nov-2012

Entry into a Material Definitive Agreement


Item 1.01 Entry Into a Material Definitive Agreement.

On November 28, 2012, Websense, Inc. (the "Company") and Creekside Property Holdings, LLC, a Delaware limited liability company (the "Landlord") entered into a Ninth Amendment to Lease, effective as of November 28, 2012 (the "Amendment"). The Company and the Landlord (as successor-in-interest) are parties to a Lease dated as of April 19, 2002, as amended (the "Lease"), under which the Company leases its corporate headquarters of approximately 122,000 rentable square feet in San Diego, California. The Amendment provides that, among other things, the expiration date of the Lease will be extended from December 31, 2013 to July 31, 2018 (the "New Term"). The Company has also retained the option to further extend the Lease for an additional period of five years, which, if exercised, would commence upon the expiration of the New Term. Under the Amendment, the Company will pay, beginning on January 1, 2013, a monthly base rent of $194,757. This monthly base rent will increase yearly thereafter, up to a maximum of $225,188 beginning on January 1, 2018. For the period from January 1, 2013 through May 31, 2013, the Amendment provides for the abatement of fixed monthly rent subject to the Company's performance of all other terms and conditions of the Lease. The Amendment also provides that the Landlord shall provide the Company with a tenant modification allowance of $225,000 for certain specified modifications, subject to the Company's performance of its monetary obligations under the Lease.

The foregoing description of the Amendment contained in this Item 1.01 does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.

(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits

Exhibit Number   Description
10.1             Ninth Amendment to Lease between Websense, Inc. and Creekside
                 Property Holdings, LLC, dated November 28, 2012


  Add WBSN to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for WBSN - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.