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CIENA CORP 8-K Report, Material Agreement (Aug 30, 2013)

Reports
Material Agreements·Exhibits & Filings
Filing Date
Filed August 30, 2013
Period End
August 29, 2013
Security
CIEN
In the record · 2016–202610-K1010-Q338-K105

CIEN filed 10 annual reports (10-K), 33 quarterly reports (10-Q) and 105 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Apr ’16Apr ’16
  2. FY2018 annual report10-K · Dec ’18Dec ’18
  3. Leadership change8-K · Apr ’21Apr ’21
  4. Leadership change8-K · Jun ’25Jun ’25

01—Abstract

Summary

Summary of the 8-K filed August 30, 2013. Cited figures are marked; the original filing is the authoritative source.

Ciena Corporation, through its subsidiary Ciena Canada, Inc., has filed an 8-K report detailing an amendment to its lease agreement for the "Lab 10" building located on the former Nortel Carling Campus in Ottawa, Canada.

The primary impact for investors is the extension of this lease term, which secures Ciena's operational presence at this facility for an additional period. The amendment extends the lease from its original expiration in March 2016 to September 18, 2017.

This extension commits Ciena to an aggregate annual payment of approximately $10.9 milliona CAD for the extended period, covering base rent, additional rent, and operating expenses. This signifies continued commitment to and investment in key operational infrastructure.

02—Key points

Key Highlights

  1. Ciena's subsidiary, Ciena Canada, Inc., entered into a second amendment to its lease for the "Lab 10" building.
  2. The lease is for facilities on the former Nortel Carling Campus in Ottawa, Canada.
  3. The lease term has been extended from March 19, 2016, to September 18, 2017.
  4. The extended lease term commits Ciena to an aggregate annual payment of approximately $10.9 million CAD.
  5. The payment covers base rent, additional rent, and operating expense obligations.
  6. This filing indicates Ciena's continued commitment to its operational presence in Ottawa.
  7. Details of previous lease agreements and amendments were filed on prior 8-K forms.

03—Questions

Frequently Asked Questions

  1. What is the main purpose of this 8-K filing?

    The main purpose of this 8-K filing is to report on a material definitive agreement, specifically the second amendment to Ciena Canada's lease for the "Lab 10" building, extending its term and outlining associated costs.

  2. How long has Ciena extended its lease for the Lab 10 building?

    The lease term has been extended from its original expiration date of March 19, 2016, to September 18, 2017.

  3. What is the financial impact of this lease amendment on Ciena?

    The lease extension results in an aggregate annual payment commitment of approximately $10.9 million CAD for the additional lease period, which includes base rent, additional rent, and operating expenses.

  4. Is this lease amendment significant for Ciena's operations?

    Yes, extending the lease on a significant facility like the "Lab 10" building indicates a continued commitment to operational infrastructure in Ottawa, suggesting its importance for Ciena's business activities in that region.

04—Continue

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