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SNAK > SEC Filings for SNAK > Form 8-K on 22-Oct-2012All Recent SEC Filings

Show all filings for INVENTURE FOODS, INC.



Entry into a Material Definitive Agreement, Financial Statements and Exhibi

Item 1.01 Entry into a Material Definitive Agreement

On October 17, 2012, Rader Farms, Inc., a Delaware corporation ("Lessee"), which is a wholly owned subsidiary of Inventure Foods, Inc. (the "Company"), entered into a Lease Extension Agreement (the "Lease Amendment") with Uptrail Group I, LLC, a Washington limited liability company, Uptrail Group II, LLC, a Washington limited liability company and Uptrail Group III, LLC, a Washington limited liability company (collectively, "Lessor"), in respect of that certain Agricultural Ground Lease dated May 17, 2007 entered into in connection with Lessee's acquisition of substantially all of the assets of Rader Farms, Inc., a Washington corporation controlled by affiliates of Lessor (the "Lease"). A copy of the Lease was previously filed by the Company as Exhibit 10.2 to Form 10-Q filed with the SEC on August 14, 2007. Both the Lease and the Lease Amendment are guaranteed by the Company.

The Lease Amendment provides for an extension of the term of the Lease from May 17, 2017 to May 17, 2027, and an increase in monthly rent from $43,500 to $52,200. All other terms and conditions of the Lease remain in full force and effect through the extended term, including but not limited to the options to purchase the Property or to make a first offer thereon.

Item 9.01 Financial Statements and Exhibits.

Exhibit 10.1 Lease Extension Agreement by and between Rader Farms, Inc., a Delaware corporation ("Lessee") and Uptrail Group I, LLC, Uptrail Group II, LLC and Uptrail Group III, LLC (collectively, "Lessor").

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