Orasure Technologies, Inc - Form 8-K

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): March 10, 2005

 


 

OraSure Technologies, Inc.

(Exact Name of Registrant as Specified in Charter)

 


 

Delaware   001-16537   36-4370966

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(I.R.S. Employer

Identification No.)

 

220 East First Street

Bethlehem, Pennsylvania

  18015-1360
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: 610-882-1820

 


 

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 Securities 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 1.01 – Entry Into a Material Definitive Agreement

 

OraSure Technologies, Inc. (the “Company”) and Northampton County New Jobs Corp. (the “Landlord”) are parties to a Commercial Lease, dated April 30, 1999, as amended (the “Lease”), pursuant to which the Company has leased its facilities at 150 Webster Street, Bethlehem, Pennsylvania, for an initial term expiring March 31, 2005. Pursuant to the Lease, the Company has exercised its option to extend the term of the Lease for an additional period of five (5) years. On March 10, 2005, the Company and the Landlord entered into a Fourth Amendment to Commercial Lease, dated as of March 4, 2005 (the “Fourth Amendment”), which extends the term of the Lease until March 31, 2010. A copy of the Fourth Amendment is attached as Exhibit 10 to this Form 8-K.

 

Item 9.01 – Financial Statements and Exhibits

 

(c) Exhibits

 

Exhibit Number

 

Description


10   Fourth Amendment to Commercial Lease, dated as of March 4, 2005, between OraSure Technologies, Inc. and Northampton County New Jobs Corp.

 

2


Signatures

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

    ORASURE TECHNOLOGIES, INC.
Date: March 11, 2005   By:  

/s/ Jack E. Jerrett


        Jack E. Jerrett
        Senior Vice President, General Counsel and Secretary

 

3


Index to Exhibits

 

Exhibit

No.


 

Description


10   Fourth Amendment to Commercial Lease, dated as of March 4, 2005, between OraSure Technologies, Inc. and Northampton County New Jobs Corp.

 

4

Fourth Amendment to Commercial Lease

Exhibit 10

 

FOURTH AMENDMENT TO COMMERCIAL LEASE

 

THIS FOURTH AMENDMENT TO COMMERCIAL LEASE (this “Amendment”) is made as of the 4th day of March 2005, by and between NORTHAMPTON COUNTY NEW JOBS CORP. (“Landlord”) and ORASURE TECHNOLOGIES, INC. (formerly STC Technologies, Inc.) (“Tenant”).

 

BACKGROUND

 

A. Landlord and Tenant entered into a certain Commercial Lease dated April 30, 1999, as amended (as amended, the “Lease”) whereby Landlord agreed to lease to Tenant and Tenant agreed to lease from Landlord certain space in Landlord’s building known as 150 Webster Street, Bethlehem, Pennsylvania 18015 (the “Building”).

 

B. The initial term of the Lease is scheduled to expire on March 31, 2005. Under Section 32 of the Lease, Landlord granted Tenant the option to renew the term for an additional period of five (5) years commencing April 1, 2005 on the terms and conditions set forth in said Section 32.

 

C. Tenant has decided to exercise such option and Landlord and Tenant wish to evidence hereby such exercise.

 

NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and intending to be legally bound hereby, the Landlord and Tenant hereby covenant and agree that the Lease is amended as follows:

 

1. The term of the Lease is hereby extended until March 31, 2010.

 

2. The rent to be paid during such extension period shall be as provided in Exhibit G to the Lease.

 

3. This Amendment is a part of the Lease, and the Lease as modified by this Amendment, shall be and remains in full force and effect. Tenant hereby ratifies and confirms all of its obligations under, and all provisions of, the Lease as amended by this Amendment, including without limitation, all representations, warranties, conditions and affirmative and negative covenants.

 

4. This Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.


IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the day and year first above written.

 

    NORTHAMPTON COUNTY NEW
WITNESS:   JOBS CORP.

/s/ Janet R. Smith


  By:  

/s/ J. Lee Boucher


    Name:   J. Lee Boucher
    Title:   Chairman
WITNESS:   ORASURE TECHNOLOGIES, INC.

/s/ Carol Keane


  By:  

/s/ P. Michael Formica


    Name:   P. Michael Formica
    Title:   Executive Vice President, Operations