Standard Industrial Commercial Multi-Tenant Lease by and between Kite Pharma, Inc. The undersigned hereunto duly authorized. 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 following exhibit is filed as part of this Current Report: The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the full andĬomplete terms of the Lease, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The monthly installments will be abated for the months of February 2017, February 2018, February 2019, February 2020, February 2021, February 2022 Per month, or $2.94 per square foot, which will increase at a rate of approximately 3% per year. Kite paid $176,400 upon execution of the Lease and is required to remit base rent of $176,400 Upon certain conditions, Kite has two options to extend the Lease, each for an additional five years. The Lease has a nine yearĪnd six month term commencing on February 1, 2017. (Kite)Įntered into a Lease Agreement (the Lease) with 2383 Utah, LLC, for the lease of approximately 60,000 square feet of primarily office space in El Segundo, which is adjacent to Kites manufacturing facility. Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))Įntry into a Material Definitive Agreement. 17 Photos 177 Diversity + Add a Salary What are your colleagues talking about Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) If the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Name or former address, if changed since last report.) Registrants telephone number, including area code: (310) 824-9999 (Exact name of registrant as specified in its charter) Date of Report (Date of Earliest Event Reported): July 1, 2016
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