Item 1.01 Entry into a Material Definitive Agreement.
On March 20, 2014, Finjan Holdings, Inc. (the “Company”), received the consent of the master landlord for a Sublease (the “Lease”), dated as of March 10, 2014, with Investor Growth Capital, Inc. (“Sublandlord”), pursuant to which the Company will sublease 2,613 square feet of office space located at 333 Middlefield Avenue, Suite 110, Menlo Park, California 94025 (the “Premises”) from Sublandlord. Beginning on the Commencement Date and through November 30, 2017 (such period, the “Term”), the Company will owe to Sublandlord an initial annual rent of $164,619, payable in equal monthly installments, unless earlier terminated by either party in accordance with the Lease. The annual rental rate is subject to an approximately 3.0% increase each anniversary of the Commencement Date during the Term. Upon the execution of the Lease, the Company delivered $14,999 as a security deposit to be held and applied (or returned) in accordance with the Lease. The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease.
A copy of the Lease is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
Exhibit No.
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Description
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10.1
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Sublease, dated March 10, 2014, by and between Finjan Holdings, Inc. and Investor Growth Capital, Inc.
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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.
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FINJAN HOLDINGS, INC.
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Date: March 21, 2014
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By:
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/s/ Philip Hartstein
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Name: Philip Hartstein
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Title: President
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EXHIBIT INDEX
Exhibit No.
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Description
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10.1
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Sublease, dated March 10, 2014, by and between Finjan Holdings, Inc. and Investor Growth Capital, Inc.
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