CytRx 8-K 2009
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Earliest Event Reported): December 1, 2009
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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:
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ITEM 1.01 Entry into a Material Definitive Agreement
On December 1, 2009, CytRx Corporation (“we,” “us,” “CytRx” or the “Company”) entered into a third amendment to our lease with Douglas Emmett 1993 LLC, as landlord, under which we lease our principal executive offices. Pursuant to the amendment, we will relocate to a 5,739 square foot space on the same floor within our current building, the lease term will extend until February 28, 2015 (dependent upon the completion date of certain tenant improvements), unless earlier terminated in accordance with the lease, and our monthly rent under the lease will increase to approximately $23,243. The rent is subject to increase to approximately $23,940, $24,658, $25,398 and $26,160 respectively, on the first, second, third and fourth anniversaries of the extended lease term. We will continue to be responsible for paying our allocable portion of operating expenses in addition to the monthly rent.
ITEM 9.01 Financial Statements and Exhibits.
The following exhibit is filed as part of this report:
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.