Delaware
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91-1718107
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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Blucora intends to relocate its headquarters to the Leased Space when the build out is complete and the Leased Space is ready for occupancy, which is anticipated to be on or about March 1, 2013. The term of the Lease Agreement is approximately 7 years and 7 months from occupancy. The Lease Agreement also includes an option to extend the term for an additional five years and an option to terminate after 68 months. The base rent for the Leased Space begins at a rate of $94,971 per month and gradually increases to $113,353 per month over the term of the Lease Agreement. The Lease Agreement is a modified gross lease and after the base year Blucora will be responsible for certain specified amounts for taxes and expenses, as set forth in the Lease Agreement.
The foregoing description of the Lease Agreement is a summary, does not purport to be a complete description of the Lease Agreement, and is qualified in its entirety by reference to the Lease Agreement, a copy of which will be filed as an exhibit to Blucora's Quarterly Report on Form 10-Q for the quarter ended September 30, 2012.
BLUCORA, INC.
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Date: July 23, 2012
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By:
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/s/ Linda Schoemaker
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Linda Schoemaker
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General Counsel and Secretary
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