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EX-10.1 - EXHIBIT 10.1 - Broad Street Realty, Inc.ex_123925.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: September 13, 2018

(Date of earliest event reported)

 

MedAmerica Properties Inc.
(Exact name of registrant as specified in its charter)

 

Delaware
(State or other jurisdiction

of incorporation)

001-09043
(Commission

File Number)

36-3361229
(I.R.S. Employer

Identification No.)

 

 

Boca Center, Tower 1, 5200 Town Center Circle,

Suite 550, Boca Raton, Florida
(Address of principal executive offices)

 

33486
(Zip Code)

 

 

(561) 617-8050

(Registrant’s telephone number, including area code)

 

 

 

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:

 

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))

 

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).☐Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 1.01

Entry Into a Material Definitive Agreement.

 

On September 13, 2018, MedAmerica Properties Inc. (the “Company”) entered into an office lease and administrative support agreement (the “Agreement”) with Boca Equity Partners LLC (“BEP”). The Agreement has a month-to-month term commencing on September 1, 2018. The Agreement provides for the Company’s use of a portion of BEP’s offices and certain overhead items at the BEP offices such as space, utilities and other administrative services for $5,000 a month. The Agreement replaces the June 8, 2017 office lease and administrative support agreement between the Company and BEP and reduces the monthly fee from $15,000.

 

Gary O. Marino, the Company’s chairman of the board, is the chairman, president, and chief executive officer of BEP, and Gary O. Marino, director Paul S. Dennis, and director Donald S. Denbo, also hold membership interests in BEP.

 

The foregoing description of the Agreement is not complete and is qualified in its entirety by reference to the Agreement which is attached to this Current Report on Form 8-K as exhibit 10.1 and is incorporated herein by reference.

 

 

 

 

Item 9.01     Financial Statements and Exhibits.

 

 

(d)

Exhibits.

 

Exhibit No.

Description

   

10.1

Office Lease and Administrative Support Agreement, dated as of September 13, 2018, by and between MedAmerica Properties Inc.and Boca Equity Partners, LLC.

 

 

 

 

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.

 

 

 

Banyan Rail Services Inc.


By:/s/ Christopher J. Hubbert

Name: Christopher J. Hubbert
Title: Secretary

 

Dated September 13, 2018