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MarketScreener Homepage  >  Equities  >  Nasdaq  >  ICF International, Inc.    ICFI

ICF INTERNATIONAL, INC.

(ICFI)
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ICF INTERNATIONAL, INC. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

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10/30/2019 | 03:21pm EST

Item 1.01 Entry into a Material Definitive Agreement

On October 24, 2019, ICF Consulting Group, Inc., a wholly owned subsidiary of ICF International, Inc. (the "Company"), and CRS Plaza II, LC entered into a new commercial lease agreement for the Company's corporate headquarters in Fairfax, Virginia (the "Lease Agreement"). The Company's prior corporate headquarters lease is set to expire on December 31, 2022. The new lease commences on March 1, 2022 and extends through April 30, 2039 and provides for the lease by the Company of approximately 208,000 square feet of space. Total base rent payable over the extended lease period is approximately $154.9 million. The Company has two options to extend the term of the lease for an additional consecutive ten-year period under each option, or four options to extend the lease for an additional consecutive five-year period under each option with respect to the entire premises.

The foregoing description of the Lease Agreement is only a summary, does not purport to be complete and is qualified in its entirety by reference to, and should be read in conjunction with the complete text of the Lease Agreement, which is attached hereto as Exhibit 10.1 and incorporated in its entirety herein by reference.

The release contains forward-looking statements regarding the Company and includes a cautionary statement identifying important factors that could cause actual results to differ materially from those anticipated.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits


10.1 Lease Agreement between ICF Consulting Group, Inc. and CRS Plaza II, LC,

dated as of October 24, 2019

104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses

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