EHEALTH, INC. (NASDAQ:EHTH) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.
EHEALTH, INC. (NASDAQ:EHTH) Files An 8-K Entry into a Material Definitive Agreement
Home SEC Filings EHEALTH, INC. (NASDAQ:EHTH) Files An 8-K Entry into a Material Definitive Agreement
On August 19, 2019, eHealthInsurance Services, Inc. (“ESI”), a wholly-owned subsidiary of eHealth, Inc. (the “Company”), executed a First Amendment to Lease (the “Lease Amendment”) with Augustine Bowers LLC (the “Landlord”) to amend the Lease Agreement dated April 25, 2018 (the “Lease”) relating to ESI’s office space in Santa Clara, California. The Lease Amendment provides for the expansion of the premises by approximately 13,165 rentable square feet (the “Expansion Space”). Upon inclusion of the Expansion Space, ESI will lease approximately 45,657 rentable square feet of office space (the “Premises”) from Landlord. The term of the Lease for the Expansion Space will commence on April 15, 2020 (the “Expansion Space Lease Commencement Date”) and run conterminous with the term of the Lease for the existing space, which is scheduled to expire on March 31, 2029. The total base rent for the Expansion Space beginning on the Expansion Space Lease Commencement Date through the expiration date of the Lease is expected to be $6,811,432. In addition to a monthly base rent, the Company will pay to the Landlord as additional rent its proportionate share of certain operating expenses, insurance costs and taxes with respect to the Expansion Space beginning on January 15, 2020. The Landlord also agreed to contribute up to $789,900 toward tenant improvements for the Expansion Space.
The foregoing description of the terms of the Lease Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease Amendment, a copy of which is attached hereto as Exhibit 10.1.
The discussion contained in “Item 1.01 Entry into a Material Definitive Agreement” of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.
(d) Exhibits.
eHealth, Inc. Exhibit
EX-10.1 2 exhibit101amendmentoneto….
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EX-10.1 2 exhibit101amendmentoneto….
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hereAbout EHEALTH, INC. (NASDAQ:EHTH)
eHealth, Inc. provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers. The Company also offers various online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan, and enroll in plans online or telephonically. It markets the availability of individual and family, small business and ancillary health insurance plans of various insurance carriers through its e-commerce platforms (www.eHealth.com and www.eHealthInsurance.com).
