−Removed: O ur corporate
−Removed: headquarters are located in Carmel, Indiana, where we lease office space for employees, pursuant to a lease agreement with SePRO
−Removed: Development Company II, LLC.
−Removed: The term of this lease commenced on March 1, 2021 and ended on February, 28, 2024.
−Removed: Over the term of the
−Removed: lease, monthly base rent was $1,676 through March 1, 2023 and $1,717 thereafter.
−Removed: Prior to the end of the lease term, the Company
−Removed: moved its corporate headquarters to another location in Carmel, Indiana, pursuant to a lease agreement with Zeller-Carmel Property,
+Added: corporate headquarters are located in Carmel, Indiana, where we lease office space for employees, pursuant to a lease agreement with
+Added: Zeller-Carmel Property, LLC.
The term of this lease commenced on January 1, 2024 and is scheduled to end on May 31, 2029.
−Removed: Over the term of the lease, the
−Removed: monthly base rent is $6,721 with an annual 2.5% escalator.
−Removed: We received a 50% reduction in our monthly rent for the first 10 months
−Removed: of the lease.
−Removed: We also lease office space in Versailles,
−Removed: Indiana, pursuant to two lease agreements with Hashbo Properties, LLC.
−Removed: The original lease term of each agreement commenced January
−Removed: 1, 2022 for a period of one year with automatic one year renewals unless termination notice is provided 60 days in advance.
−Removed: monthly base rent is $2,308 with an annual 4% escalator upon renewal.
+Added: Over the term
+Added: of the lease, the monthly base rent is $6,721 with an annual 2.5% escalator.
+Added: We received a 50% reduction in our monthly rent for the
+Added: first 10 months of the lease.
+Added: also lease office space in Versailles, Indiana, pursuant to an agreement that commenced January 1, 2022 for a term of one year with automatic
+Added: one year renewal options, unless 60 day notice of vacating is given.
+Added: The monthly base rent is $1,800 with an annual 4% escalator upon
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.