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IART > SEC Filings for IART > Form 8-K on 1-Jul-2013All Recent SEC Filings




Entry into a Material Definitive Agreement, Financial Statemen

Item 1.01 Entry into a Material Definitive Agreement

On July 1, 2013, Integra LifeSciences Corporation, a wholly-owned subsidiary of Integra LifeSciences Holdings Corporation (the "Company"), entered into a Lease Agreement with 109 Morgan Lane, LLC (the "Landlord") (the "Lease"). The Lease terminates and replaces the prior lease between the Company and the Landlord dated May 15, 2008, as amended. The Company is leasing approximately 58,011 square feet located at 109 Morgan Lane, Plainsboro, New Jersey (the "Premises") for general office, labs (research & development and/or product development), manufacturing and warehouse purposes. The term of the Lease is for twenty years from July 1, 2013 to June 30, 2033 with a five year renewal option. The rent for the Premises is $585,911.04 per year, with monthly rent payments of $48,825.92. Additional payments are also required to be made by the Company to the Landlord consisting of $290,055.00 per year, with monthly payments of $24,171.25 for taxes and operating expenses as well as other charges. In addition, pursuant to the Lease, the Landlord agrees to pay the Company (i) $40,000 of the total cost to replace the existing roof on the building and (ii) $100,000 of the total cost to replace all of the existing windows in the building.

The foregoing description of the Lease is qualified in its entirety by reference to a copy of such Lease which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

10.1 Lease Agreement dated as of July 1, 2013, between 109 Morgan Lane, LLC and Integra LifeSciences Corporation

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