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EX-10.1 - EXHIBIT 10.1 - LEARNING TREE INTERNATIONAL, INC.dex101.htm

 

 

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): March 3, 2011

 

 

Learning Tree International, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-27248   95-3133814

(State or other jurisdiction

of incorporation)

  (Commission file number)  

(I.R.S. Employer

identification No.)

 

1805 Library Street, Reston, VA   20190
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (703) 709-9119

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


 

Item 1.01 Entry into a Material Definitive Agreement.

On March 3, 2011, Learning Tree International Limited, a U.K. corporation and a wholly owned subsidiary of Learning Tree International, Inc., a Delaware corporation, entered into a lease agreement with Postel Properties Limited covering 14,335 square feet of gross rentable area located at The Third Floor, Leatherhead House, Station Road, Leatherhead, Surrey KT22 7FG, U.K. The lease is for a term of ten years commencing March 3, 2011 and expiring March 10, 2021 and includes annual minimum rent of £329,700 calculated at a net of £23.00 per square foot of gross rentable area.

 

Item 9.01 Financial Statements and Exhibits.

(d)        Exhibits

10.1 Counterpart Lease of The Third Floor, Leatherhead House, Station Road, Leatherhead, Surrey KT22 7FG.

 

 

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 thereunto duly authorized.

 

    LEARNING TREE INTERNATIONAL, INC.
Dated: March 7, 2011     By:   /s/ NICHOLAS R. SCHACHT
     

Nicholas R. Schacht

Chief Executive Officer