-----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, GZsR0N7vOvgybdaS3iBtANyAIrYQgBHEiz60Q0kN/6GHAq7LgrJ9P6/EQ9UBEMC7 Df78UMZvgK7/FvueBqC7zA== 0000920448-09-000024.txt : 20090528 0000920448-09-000024.hdr.sgml : 20090528 20090528143355 ACCESSION NUMBER: 0000920448-09-000024 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090528 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20090528 DATE AS OF CHANGE: 20090528 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BROADVISION INC CENTRAL INDEX KEY: 0000920448 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 943184303 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34205 FILM NUMBER: 09857143 BUSINESS ADDRESS: STREET 1: 1600 SEAPORT BLVD., STREET 2: SUITE 550, NORTH BLDG. CITY: REDWOOD CITY STATE: CA ZIP: 94063 BUSINESS PHONE: 6503311000 MAIL ADDRESS: STREET 1: 1600 SEAPORT BLVD., STREET 2: SUITE 550, NORTH BLDG. CITY: REDWOOD CITY STATE: CA ZIP: 94063 8-K 1 form8k.htm CURRENT REPORT form8k.htm


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
 
 
 
 
Date of Report (Date of Earliest Event Reported):
 
May 22 , 2009
 
BroadVision, Inc.
______________________BV Logo____________________
(Exact name of registrant as specified in its charter)
 
 
 
Delaware
000-28252
94-3184303
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)
  
 
 
1600 Seaport Blvd, Suite 550, North Bldg, Redwood City, California
 
94063
_________________________________
(Address of principal executive offices)
 
___________
(Zip Code)

 
 
 
Registrant's telephone number, including area code:
 
(650) 331-1000
 
______________________________________________
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 obligation of the registrant under any of the following provisions: 
[  ]  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 1.02 Termination of a Material Definitive Agreement

As previously reported, on December 21, 2006, BroadVision, Inc. (“Broadvision”) entered into a sublease agreement (the “Sublease Agreement”) with Dexterra, Inc. (“Dexterra”) to sublease the second floor of Building 6 in Pacific Shores Center containing approximately 22,509 rentable square feet of office space located at 1600 Seaport Boulevard, Redwood City, California.  The original sublease term commenced on January 8, 2007 (the “Commencement Date”) and expires on June 30, 2012 unless earlier terminated.  Pursuant to the terms of the Sublease Agreement, Dexterra has the right to terminate the sublease at the end of the 36th month from the Commencement Date, upon six months’ prior written notice to BroadVision and payment of a termination fee equal to three months’ base rent.

On May 22, 2009, BroadVision received written notice from Dexterra of its exercise of its right to early termination of the Sublease Agreement and payment of the applicable termination fee.


 
 

 
 
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.
 
 
 
 
 
 
 
 
 
BroadVision, Inc.
  
 
 
 
 
May 28, 2009
 
By:
 
/s/ Shin-Yuan Tzou
 
 
 
 
 
 
 
 
 
Name: Shin-Yuan Tzou
 
 
 
 
Title: Chief Financial Officer




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