ITEM 1.01 Entry into a Material Definitive Agreement
On June 8, 2009, 3Com renewed the lease for its headquarters building at 350
Campus Drive, Marlborough, Massachusetts (the "Lease"). The Lease is for a
ten-year, two month term from June 1, 2009 through and including July 31, 2019
and covers space totaling approximately 132,798 rentable square feet. The total
cash obligation over the term is approximately $36.6 million. 3Com has the
option to extend the lease and a one-time option to terminate the Lease in
exchange for an early termination fee. The facility will continue to be used for
headquarters functions, as well as general administrative office uses and
activities such as research and development and sales and training.
The foregoing description of the Lease is only a summary and does not purport to
be complete and is qualified in its entirety by reference to the Lease agreement
included as Exhibit 10.1 to this Current Report on Form 8-K, which agreement is
hereby incorporated herein by reference.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number Description
10.1 Amended and Restated Office Lease made and entered into as of the 1st
day of June, 2009, by and between Bel Marlborough I LLC, a Delaware
limited liability company, having an office at c/o Eaton Vance
Management, 2 International Place, Boston, Massachusetts 02110 as
landlord and 3Com Corporation, a Delaware corporation having an office
at 350 Campus Drive, Marlborough, Massachusetts 01752 as tenant.
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