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ESPR > SEC Filings for ESPR > Form 8-K on 7-Feb-2014All Recent SEC Filings

Show all filings for ESPERION THERAPEUTICS, INC.



Entry into a Material Definitive Agreement, Financial Statements and

Item 1.01. Entry into a Material Definitive Agreement.

On February 4, 2014, Esperion Therapeutics, Inc. (the "Company") and McMullen SPE, LLC (the "Landlord"), entered into a Valley Ranch Business Park Lease (the "Lease") for the Company's new principal executive office located in the Valley Ranch Business Park at 3891 Ranchero Drive, Suite 150, Ann Arbor, Michigan 48108 (the "Leased Premises"). The Lease is for approximately 7,941 rentable square feet of office space, together with the right to use common areas and facilities in common with the Landlord and other tenants at the Valley Ranch Business Park. The term of the Lease commences with respect to all of the space in the Leased Premises on the later to occur of (i) the date upon which Landlord delivers the premises to the Company under the terms of the Lease with the delivery conditions set forth in the Lease satisfied and (ii) April 1, 2014 (the "Lease Commencement Date"). The term of the Lease shall end 63 months after the Lease Commencement Date. Under the terms of the Lease, following the first three months (during which the base rent is $0), the base rent, subject to certain adjustments, for the Leased Premises will start at approximately $7,941 per month, plus certain operating expenses and taxes, and shall increase on an annual basis and otherwise as provided in the Lease.

The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the Lease, a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.                                Description

   10.1        Valley Ranch Business Park Lease, dated February 4, 2014, between
               the Registrant and McMullen SPE, LLC.

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