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): November 7, 2014
Aehr Test Systems
(Exact name of Registrant as specified in its charter)
California 000-22893 94-2424084
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification Number)
400 Kato Terrace
Fremont, California 94539
(Address of principal executive offices, including zip code)
510-623-9400
(Registrant's telephone number, including area code)
N/A
(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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] 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 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On November 7, 2014, Aehr Test Systems (the "Company") entered into a
Second Amendment (the "Amendment") to that certain Multi-Tenant Office Triple
Net Lease dated August 3, 1999 (the "Lease") with CWCA Scott Creek 28, L.L.C.
The Amendment extends the term of the Lease for a period of thirty-six
(36) calendar months, commencing on July 1, 2015 (the "Extension Date") and
expiring on June 30, 2018 (the "Expiration Date") with an option for the Company
to further extend the Lease for an additional thirty-six (36) month period
after the Expiration Date. Total base rent expense from the Extension Date
through the Expiration Date is approximately $1.4 million.
The foregoing description of the Amendment does not purport to be
complete and is qualified in its entirety by reference to the full text of the
Amendment, a copy of which is attached hereto as Exhibit 10.1 and is
incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
Exhibit No. Description
----------- ---------------------------------------------
10.1 Second Amendment dated November 7, 2014 by and
between Aehr Test Systems and CWCA Scott Creek 28,
L.L.C. for facilities located at 400 Kato Terrace,
Fremont, California.
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.
Aehr Test Systems
(Registrant)
Date: November 12, 2014
By: /S/ GARY L. LARSON
-------------------------
Gary L. Larson
Vice President of Finance and
Chief Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
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10.1 Second Amendment dated November 7, 2014 by and between Aehr Test
Systems and CWCA Scott Creek 28, L.L.C. for facilities located at
400 Kato Terrace, Fremont, California.