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CLFD > SEC Filings for CLFD > Form 8-K on 3-Apr-2013All Recent SEC Filings

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Entry into a Material Definitive Agreement, Financial Statements and Exhibits

Item 1.01 Entry into a Material Definitive Agreement.

On March 28, 2013, Clearfield, Inc. (the "Company") and Bass Lake Realty LLC (the "Landlord") entered into an amendment to the Company's lease and a related license for the Company's headquarters in Plymouth Minnesota (the "Amendment"). A copy of the Amendment is attached hereto as Exhibit 10.1.

Under the Amendment, the Company expanded its leased space as of April 1, 2013 by 16,845 square feet (which includes approximately 9,561 square feet currently licensed by the Company through March 31, 2013) to 46,583 square feet, set the Company's pro rata share of certain expenses for such additional leased space, set the base rent for the expanded leased space for the remainder of the term, and extended the term of the lease to February 28, 2015.

This foregoing summary of the Amendment does not purport to be complete and is subject to and qualified in its entirety by reference to the Amendment attached hereto as Exhibit 10.1.

Item 9.01 Financial Statements and Exhibits.

 Exhibit    Description

           First Amendment to Lease and First Amendment to First Amended and
10.1       Restated License Agreement dated March 28, 2013 by and between
           Clearfield, Inc. and Bass Lake Realty LLC

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