UNITED STATES
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): December 31, 2009
SENETEK PLC
(Exact Name of Registrant as Specified in Charter)
| | | | |
| England | | 0-14691 | | 77-0039728 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
| | |
831 Latour Court, Suite A Napa, California | | 94458 |
| (Address of Principal Executive Offices) | | (Zip Code) |
(707) 226-3900
(Registrant’s telephone number, including area code)
(Former Name or Former address, if Changed Since Last Report)
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(b) under the Exchange Act (17 CFR 240.14a-12(b)) |
| ¨ | 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 1.02 | Termination of a Material Definitive Agreement |
On December 31, 2009, Senetek Plc (the “Company”) terminated the agreement with Fairlawns Partnership (“Fairlawns”), a Tennessee general partnership, for the lease of office space in Brentwood, Tennessee. The lease was for an initial, non-cancellable, three year term from June 1, 2009 through May 31, 2012. Minimum rent due for the entire three year term was approximately $310,000.
The lease was terminated in conjunction with the decision to close the Brentwood, Tennessee Customer Care Center and to transfer the operations previously handled at this location to the Company’s Napa, California office.
Senetek Plc and Fairlawns executed a Lease Termination Agreement whereby Senetek paid $52,890 and transferred ownership of certain location related assets to Fairlawns in exchange for the immediate termination of the lease. The Lease Termination Agreement is attached as Exhibit 10.1 to this Form 8-K.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| | |
Number | | Exhibit |
| |
10.1 | | December 31, 2009 Lease Termination Agreement between Senetek Plc and Fairlawns Partnership |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | |
| Date: January 6, 2010 | | | | SENETEKPLC |
| | | | (Registrant) |
| | | |
| | | | By: | | /s/ WILLIAM F. O’KELLY |
| | | | Name: | | William F. O’Kelly |
| | | | Title: | | Chief Financial Officer |
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EXHIBIT INDEX
| | |
Number | | Exhibit |
| |
10.1 | | December 31, 2009 Lease Termination Agreement between Senetek Plc and Fairlawns Partnership |
