UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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) February 13, 2012 | ||
Ciena Corporation (Exact Name of Registrant as Specified in Its Charter) | ||
Delaware (State or Other Jurisdiction of Incorporation) | ||
0-21969 | 23-2725311 | |
(Commission File Number) | (IRS Employer Identification No.) | |
1201 Winterson Road, Linthicum, MD | 21090 | |
(Address of Principal Executive Offices) | (Zip Code) | |
(410) 865-8500 | ||
(Registrant's Telephone Number, Including Area Code) | ||
n/a | ||
(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 (see General Instruction A.2. below): | ||
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
(c) | The following exhibit is being filed herewith: | |||
Exhibit Number | Description of Document | |||
Exhibit 1.1 | Lab 10 Lease Amending Agreement dated February 13, 2012 | |||
Ciena Corporation | ||
Date: February 14, 2012 | By: | /s/ David M. Rothenstein |
David M. Rothenstein | ||
Senior Vice President, General Counsel and Secretary |
1. | The recitals contained herein are true and accurate in every respect and may be relied upon by the parties as statement of fact. The parties shall not assert facts contrary to those set out above in the recitals. |
2. | Except as otherwise expressly defined herein, capitalized words and phrases used but not defined herein have the meanings given to them in the Lease. |
3. | The Lease is amended to extend the Term from March 19, 2015 for a further twelve (12) months commencing on March 19, 2015 and expiring on March 18, 2016 (the “Extended Term”) upon the same terms, covenants and conditions as contained in the Lease, except as otherwise provided herein, and the Lease (including the definitions of “Term” and “Expiration Date”) is hereby amended accordingly. For clarity, the Tenant acknowledges and agrees that the Tenant has no right to renew or extend the Term of the Lease, as extended by the Extended Term, beyond March 18, 2016. |
4. | Section 2.2 of the Lease is amended such that for the period of the Extended Term, the annual Fixed Rent payable by the Tenant shall be $CDN 4,587,175, payable in equal monthly installments of $CDN 382,264.58, plus applicable harmonized sales taxes. The Fixed Rent for the current period of the Term ending on March 18, 2015 remains as per the terms of Section 2.2 of the Lease, without amendment (that is, an annual Fixed Rent of $CDN 3,435,175.08, payable in equal monthly installments of $CDN 286,264.59, plus applicable harmonized sales taxes). |
5. | The Landlord and the Tenant confirm that the Tenant's annual Operating Expense Contributions are as follows for the stated periods of the Term (as extended hereby), each having been calculated in accordance with the formula set out in Section 2.3 of the Lease: |
March 19, 2012 to March 18, 2013: | $CDN 3,994,421.62 |
March 19, 2013 to March 18, 2014: | $CDN 4,074,310.05 |
March 19, 2014 to March 18, 2015 | $CDN 4,155,796.25 |
March 19, 2015 to March 18, 2016 | $CDN 4,238,912.18 |
6. | All Rent for a partial month shall be adjusted and pro rated in accordance with the number of days in such month. |
7. | The Landlord and the Tenant hereby confirm that in all other respects the Lease remains in full force and effect, unchanged and unmodified except as amended expressly in accordance with this Agreement. |
8. | This Agreement shall be governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein. |
9. | This Agreement may be executed in several counterparts, each of which when executed shall be deemed to be an original and such counterparts together shall constitute one and the same instrument. Any such counterpart may be delivered by facsimile transmission, PDF or electronic mail and such delivery shall be valid and sufficient. Each party that delivers such counterpart by facsimile transmission, PDF or electronic mail shall as soon as reasonably practicable thereafter forward to the other party the originally executed copy of the same. |
10. | Each party agrees to make such further assurances as may be reasonably required from time to time by another |
11. | This Agreement shall be binding upon, extend to and enure to the benefit of each of the Landlord and the Tenant and to each of their respective legal representatives, heirs, executors, administrators, successors and permitted assigns. |
HER MAJESTY THE QUEEN IN RIGHT OF CANADA, AS REPRESENTED BY THE MINISTER OF PUBLIC WORKS AND GOVERNMENT SERVICES | |||
Per: | /S/ Denis Charette | ||
Name: Denis Charette Title: Director, Service des biens Immobiliers, SCN Director, NCA Real Estate Services | |||
CIENA CANADA, INC. | |||
Per: | /S/ David M. Rothenstein | ||
Name: David M. Rothenstein Title: Sr. Vice President, General Counsel & Secretary |