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ICPW > SEC Filings for ICPW > Form 8-K on 17-Jun-2014All Recent SEC Filings




Entry into a Material Definitive Agreement, Financial Statements a

Item 1.01. Entry into a Material Definitive Agreement.

On June 11, 2014, the Registrant entered into an Industrial Multi-Tenant Lease with 6400 Broadway L.L.L.P., a Colorado limited liability partnership, pursuant to which the Registrant will rent approximately 13,026 square feet, identified as Suite 300, of the office building located at 1920 Hutton Court, Farmers Branch, TX 75234 (the "Premises"), for a term of 42 months commencing on the date the final signed off permit is issued by the applicable public building official. The Registrant has the option to extend the term for an additional 3 years upon notice between 6 and 12 months prior to the expiration of the initial term, subject to the additional conditions set forth in the lease. Base rent is abated for the first 6 months of the term, and thereafter the Registrant will pay base rent of $7,652.78 for the remainder of the term. The Registrant is leasing the Premises as its primary offices in connection with the relocation of the Registrant's executive offices to the Premises.

The lease is attached as Exhibit 10.1 hereto and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is filed herewith:

Exhibit Number   Description
10.1               Industrial Multi-Tenant Lease dated June 11, 2014, between
                 Ironclad Performance Wear Corporation and 6400 Broadway L.L.L.P.

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