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): November 24, 2009
LEVI STRAUSS & CO.
(Exact name of registrant as specified in its charter)
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DELAWARE
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002-90139
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94-0905160 |
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(State or Other Jurisdiction of
Incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification
No.) |
1155 BATTERY STREET
SAN FRANCISCO, CALIFORNIA 94111
(Address of principal executive offices, including zip code)
(Registrant’s telephone number, including area code)
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 communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communication 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 November 24, 2009, Levi Strauss & Co. (the “Company”) signed a Second Amendment to Lease (the
“Second Amendment”) with Blue Jeans Equities West, a California general partnership, Innsbruck LP,
a California limited partnership, and Plaza GB LP, a California limited partnership (collectively,
“Landlord”) to amend the Lease dated July 31, 1979, as subsequently amended by various documents
including that certain First Amendment and Memorandum of Understanding (Levi Strauss Building)
dated as of January 1, 1998, (collectively, the “Lease”) for 354,797 square feet (“Premises”) of
office space located at Levi’s Plaza, 1155 Battery Street, San Francisco, California. The Premises
will continue to serve as the Company’s corporate headquarters.
The Second Amendment exercises an option to extend the term of the Lease granted to the Company in
the original Lease, extending the term of the Lease which would have expired on December 31, 2012,
to December 31, 2022. There are six remaining options to extend the Term. Under the terms of the
Second Amendment, the total aggregate base rent for the Premises is approximately One Hundred
Seventeen Million Dollars ($117,000,000), payable over the extended term. The Second Amendment
also provides for certain relocation, expansion and rights of first offer, a tenant improvement
allowance and a reallocation of certain maintenance and repair responsibilities and expenses from
Landlord to the Company, as tenant, among other provisions.
The foregoing summary of the terms of the Second Amendment does not purport to be complete and is
qualified in its entirety by reference to the Second Amendment, a copy of which is filed as Exhibit
10.1 to this Form 8-K and is incorporated herein by this reference.
Item 9.01 Financial Statements and Exhibits.
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Exhibit Number |
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Description |
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10.1
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Second Amendment to Lease by and among the Company, Blue
Jeans Equities West, a California general partnership,
Innsbruck LP, a California limited partnership, and Plaza
GB LP, a California limited partnership |