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): October 11, 2007
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BIOANALYTICAL
SYSTEMS, INC.
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(Exact
name of registrant as specified in its charter)
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Indiana
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0-23357
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35-1345024
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(State
or other jurisdiction of incorporation or organization)
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(Commission
File Number)
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(I.R.S.
Employer Identification No.)
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2701
KENT AVENUE
WEST
LAFAYETTE, INDIANA
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47906-1382
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code: (765) 463-4527
Item
1.01. |
Entry
into a Material Definitive
Agreement.
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Bioanalytical
Systems, Inc. (the "Company") entered into an agreement with Pettifer Estates
Limited (the "Landlord") and Bioanalytical Systems Limited, a subsidiary
of the
Company (the "Tenant") on October 11, 2007 (the "Agreement"), for the
construction of a building which will eventually house the Company’s contract
services and instruments operations, as well as laboratories, sales and
technical support services in Warwickshire, United Kingdom. According to
the
Agreement, the Landlord is obligated to ensure the construction of the building
meets the Company's specifications and the Tenant is obligated to pay the
Landlord £278,452.00. The estimated completion date for the construction is
March 17, 2008. The Agreement also calls for the parties to enter into a
lease
for the 6,655 square feet of office space. The lease has a term of 15 years
and
the rent will be £116,462.50 per year.
The
foregoing description of the Agreement and lease is qualified in its entirety
by
reference to the complete terms of each of the documents, a copy of which is
attached as Exhibit 10.1 and Exhibit 10.2, respectively, to this Current
Report on Form 8-K, and incorporated herein by reference.
Item
9.01. |
Financial
Statements and
Exhibits.
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10.1 |
Agreement
for Lease, by and among Bioanalytical Systems, Inc., Bioanalytical
Systems
Limited and Pettifer Estates Limited, dated October 11,
2007.
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10.2 |
Form of Lease, by and among Bioanalytical
Systems, Inc., Bioanalytical Systems Limited and Pettifer Estates
Limited |
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.
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Bioanalytical Systems, Inc. |
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Date: October
17, 2007 |
By: |
/s/ Michael
R. Cox |
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Michael
R. Cox, Vice President, Finance and Chief
Financial Officer |
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Exhibit
Index
Exhibit
No.
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Description
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10.1
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Agreement
for Lease, by and among Bioanalytical Systems, Inc., Bioanalytical
Systems
Limited and Pettifer Estates Limited, dated October 11,
2007.
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10.2
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Form
of Lease, by and among Bioanalytical Systems, Inc., Bioanalytical
Systems
Limited and Pettifer Estates
Limited
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