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TIGR > SEC Filings for TIGR > Form 8-K on 28-Jan-2014All Recent SEC Filings

Show all filings for TIGERLOGIC CORP



Entry into a Material Definitive Agreement, Financial Statements and Exhibits

Item 1.01. Entry into a Material Definitive Agreement.

On January 23, 2014, TigerLogic Corporation, a Delaware corporation (the "Company"), as tenant, entered into a lease agreement (the "Lease") with The Irvine Company LLC, as landlord, relating to the space located at 2855 Michelle Drive, Suite 190, Irvine, California. Upon completion of tenant improvements, which is expected to be in or about April 2014, the Company intends to relocate its headquarters to this new location. The base rent over the five-year term of the Lease will be approximately $7,000 per month for the first year, with annual increases to approximately $8,400 per month for the final year. Under certain circumstances, the Company has the option to extend the Lease for one term of either 36 months or 60 months at a base rent equal to the then prevailing market rental rate for comparable space within the same building.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number                        Description of Document
10.16            Lease, dated as of January 23, 2014, between the Company and The
                 Irvine Company LLC.

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