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CDXC > SEC Filings for CDXC > Form 8-K on 7-May-2013All Recent SEC Filings

Show all filings for CHROMADEX CORP. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for CHROMADEX CORP.


7-May-2013

Entry into a Material Definitive Agreement, Financial Statements and Exhibits


Item 1.01 Entry Into a Material Definitive Agreement.

On May 7, 2013, ChromaDex, Inc., a California corporation and wholly owned subsidiary of ChromaDex Corporation, a Delaware corporation, or ChromaDex, entered into a Second Amendment to Standard Industrial/Commercial Multi-Tenant Lease - Net, or the "Lease Amendment", effective as of April 29, 2013, with SCIF Portfolio II, LLC, a California limited liability company, or Lessor. The Lease Amendment amends the Standard Industrial/Commercial Multi-Tenant Lease - Net dated December 19, 2006, by and between ChromaDex and Lessor which was filed as an Exhibit to ChromaDex Corporation's Form 8-K filed with the Commission on June 24, 2008, as amended by the First Amendment to Standard Industrial/Commercial Multi-Tenant Lease - Net, dated June 26, 2008, which was filed as an Exhibit to ChromaDex Corporation's Form 8-K filed with the Commision on July 23, 2008 (as amended, the "Lease"). Pursuant to the Lease, ChromaDex rents approximately 12,686 square feet of office space at 10005 Muirlands Blvd., Suite G, 1st Floor and 2nd Floor, and Suite K, Irvine CA 92618, which serves as ChromaDex's corporate headquarters (the "Existing Premises").

Pursuant to the Lease Amendment, ChromaDex and Lessor have agreed to add 2,126 square feet of office space at 10005 Muirlands Blvd., Suite L, Irvine, CA 92618 to the Lease (the "New Premises"), and to extend the Term of the Lease through September 30, 2019. The Lease Amendment provides for an annualized base rent ranging from $7,850.36 to $15,996.96 for the Existing and New Premises during July 1, 2013 through April 30, 2014. The Lease Amendment provides for increased annualized base rent ranging from $16,737.56 to $20,440.56 for the Existing and New Premises during May 1, 2014 through September, 30, 2019.

The Lease Amendment provides for one option to expand whereby the Company has a right of first refusal for certain office space within the property located at 10005 Muirlands Blvd., Suite M, N, and O, Irvine, CA 92618.

The Lease Amendment provides for construction of Lessee's Tenant Improvements, at ChromaDex's cost and expense, in accordance with the Lease and with an Expansion Space Plan to be prepared by ChromaDex, subject to Lessor's reasonable approval.

The foregoing description of the Lease Amendment does not purport to be complete and is qualified in its entirety by reference to the Lease Amendment, a copy of which is filed herewith as an Exhibit and incorporated herein by reference.



Item 9.01. Financial Statements and Exhibits

(d) Exhibits.

The following Exhibit is filed herewith:

Exhibit
Number                                  Exhibit Title

10.1      Second Amendment to Standard Industrial/Commercial Multi-Tenant Lease,
          made as of May 7, 2013, between SCIF Portfolio II, LLC ("Lessor") and
          ChromaDex, Inc. ("Lessee").


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