SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2013

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE 14—SUBSEQUENT EVENTS

On April 11, 2013, the Company executed an amendment to its lease agreement for the Needham, MA office. The amendment, among other things, modified the leasable space of the office and required the payment of a modification fee. The leasable space was amended from 40,066 square feet through June 30, 2022 to (i) 45,955 square feet from the period January 1, 2013 to March 31, 2013, (ii) 44,825 square feet from the period April 1, 2013 to June 30, 2013, and (iii) 19,368 square feet from the period July 1, 2013 to June 30, 2023. In connection with the amendment, the Company incurred a modification fee of $0.8 million, which was charged to expense in the second quarter of 2013.