-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QTQY9lLWQOfb3VfxCZ0LH2kT3o+WA7ujo2t/6DrR9q5GKNk6aSo7MZfXE3tA5hNZ RXZnYJNdRAEbvbD/7ZGyPg== 0001193125-09-151453.txt : 20090720 0001193125-09-151453.hdr.sgml : 20090719 20090720150754 ACCESSION NUMBER: 0001193125-09-151453 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090716 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20090720 DATE AS OF CHANGE: 20090720 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ShoreTel Inc CENTRAL INDEX KEY: 0001388133 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 770443568 STATE OF INCORPORATION: CA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33506 FILM NUMBER: 09952992 BUSINESS ADDRESS: STREET 1: 960 STEWART DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 408 331 3300 MAIL ADDRESS: STREET 1: 960 STEWART DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94085 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

Current Report Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

July 16, 2009

Date of Report (Date of earliest event reported)

 

 

SHORETEL, INC.

(Exact name of Registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

 

001-33506   77-0443568
(Commission file number)   (I.R.S. Employer Identification No.)

 

960 Stewart Drive, Sunnyvale, CA   94085
(Address of principal executive offices)   (Zip Code)

(408) 331-3300

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions (see General Instruction A.2 below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 1.01 Entry into a Material Definitive Agreement.

On July 16, 2009, the Registrant, as tenant, entered into a First Amendment to Lease (“Amendment”) with Carr NP Properties, L.L.C. (“Landlord”). The Registrant and Landlord are party to an Office Lease dated as of April 20, 2007 (the “Existing Lease”), pursuant to which Landlord leases to Registrant its corporate headquarters, consisting of approximately 63,781 square feet of space, located at 960 Stewart Drive, Sunnyvale, California (the “Premises”). The Existing Lease was scheduled to expire on October 31, 2009.

The Amendment extends the term of the Existing Lease to September 30, 2014. The Amendment further provides for base rent as follows:

 

Period During Lease Term

  

Annual Base Rent

May 1, 2009 – September 30, 2009      N/A
October 1, 2009 – September 30, 2010    $ 994,983.60
October 1, 2010 – September 30, 2011    $ 1,024,833.11
October 1, 2011 – September 30, 2012    $ 1,055,578.10
October 1, 2012 – September 30, 2013    $ 1,087,245.44
October 1, 2013 – September 30, 2014    $ 1,119,862.81

The Amendment also provides that Landlord will contribute to the cost of any interior office and lab improvements to the Premises, cabling and signage to the extent of the lesser of (i) $1,052,386.50, or (ii) the actual cost of the alterations.

The Amendment also provides Registrant with an expansion option, which gives Registrant the right (but not the obligation) to lease additional space in adjacent buildings.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      SHORETEL, INC.
Date: July 20, 2009       By:  

/s/    Ava M. Hahn

      Name:   Ava M. Hahn
      Title:   Vice President & General Counsel
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