ZBRA » Topics » Note 15-Related Party Transactions

This excerpt taken from the ZBRA 10-K filed Feb 29, 2008.

Note 8 Related - Party Transactions

Prior to August 2007, Zebra leased a building from Unique Building Corporation (Unique), an entity controlled by certain officers and stockholders of Zebra. On August 1, 2007, the building was sold to an unrelated party. Lease payments made to Unique under the lease were recorded as a component of all functional areas and were included in the consolidated financial statements as follows (in thousands):

 

     Unique
Operating Lease

2007

   $ 1,358

2006

     2,336

2005

     2,336
This excerpt taken from the ZBRA 10-Q filed Nov 2, 2007.

Note 15—Related Party Transactions

As previously reported, Zebra leased a facility from Unique Building Corporation, an entity controlled by certain officers and stockholders of Zebra. On August 1, 2007, this facility was sold to an unrelated third party with the existing lease with Zebra continuing according to its terms.

EXCERPTS ON THIS PAGE:

10-K
Feb 29, 2008
10-Q
Nov 2, 2007
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