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

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
OPHT > SEC Filings for OPHT > Form 8-K on 31-Oct-2013All Recent SEC Filings

Show all filings for OPHTHOTECH CORP.



Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement.

On October 25, 2013, Ophthotech Corporation (the "Company") entered into a lease with Carnegie 214 Associates Limited Partnership, as landlord, for approximately 8,468 square feet of office space at 214 Carnegie Center, Princeton, New Jersey. The Company intends to use the leased premises, which will replace the premises the Company had previously occupied in Princeton, New Jersey, for corporate and commercial functions. The lease term commences on the first to occur of the day after the substantial completion of tenant improvement construction being performed by the landlord and the day on which the Company takes possession of the premises, and expires five years therefrom. The Company has the option to extend the term of the lease for an additional five year period upon at least fourteen months prior written notice. The Company has agreed to pay aggregate rental fees of approximately $1.3 million over the initial 60-month term. The Company will provide a cash security deposit to the landlord in the amount of $104,968, which amount will be reduced incrementally over the term of the lease.

  Add OPHT to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for OPHT - All Recent SEC Filings
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.