Business Context and Reporting Period
This Form 8-K Current Report was filed by eHealth, Inc. on May 29, 2013, covering events occurring on May 28, 2013. The filing reports the entry into a material definitive agreement regarding the company's principal executive offices located at 340 East Middlefield Road, Mountain View, California.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on a specific lease amendment.
- Lease Term Commencement: Targeted for August 1, 2013.
- Rentable Square Footage: 18,272 square feet.
- Monthly Base Rent: $51,161.60 for the first twelve months of the lease.
Material Changes
The company entered into a First Amendment to a Lease Agreement originally dated March 23, 2012, with 340 Middlefield, LLC. Material changes include:
- Establishment of specific rentable square footage (18,272 sq. ft.).
- Definition of the monthly base rent for the initial lease year.
- Addition of environmental disclosures to the agreement.
- Clarification of conditions regarding pre-term access to the premises.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. The primary contingency noted is the targeted commencement date of August 1, 2013, subject to pre-term access conditions. The filing incorporates the full text of the Lease Amendment (Exhibit 10.19.1) for complete terms.
Investor Verification Checklist
- Verify the total annualized rent obligation based on the $51,161.60 monthly rate.
- Review the full text of Exhibit 10.19.1 for environmental disclosure details and pre-term access conditions.
- Confirm the lease term duration beyond the initial twelve months mentioned in this summary.
- Check for any rent escalation clauses or additional operating expense obligations not detailed in the summary.