UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) February 9, 2006
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BRIGHTPOINT, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Indiana
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(State or Other Jurisdiction of Incorporation)
0-23494 35-1778566
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(Commission File Number) (IRS Employer Identification No.)
501 Airtech Parkway, Plainfield, Indiana 46168
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(Address of Principal Executive Offices) (Zip Code)
(317) 707-2355
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
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 February 9, 2006, Brightpoint North America, L.P. ("Brightpoint N.A."), a
Delaware Limited Partnership and a subsidiary of Brightpoint, Inc. an Indiana
corporation ("Registrant"), entered into a lease ("Lease") with Opus North
Corporation, an Illinois Corporation ("Landlord"), pursuant to which Brightpoint
NA will lease approximately 321,627 square feet of office and warehouse space
located at 1251 South Perry Road, Plainfield Indiana (the "Premises"). The Lease
has an initial term of five years and three months, with an option for
Brightpoint N.A. to renew twice, each time for an additional five year period.
The term will commence on the date that the improvements are
completed by the Landlord, which is currently expected to be by March 15, 2006.
The base monthly rent under the lease is $.00 for the first four months of
the term and then for months 5 through 64 it is $1,272,613 on an annualized
basis. The Lease provides for additional payments to be made by Brightpoint N.A.
to cover certain operating costs. Brightpoint N.A. has agreed to indemnify the
Landlord in respect of various costs, liabilities and obligations. Upon an
uncured breach of the Lease by Brightpoint N.A., Landlord has remedies including
the right to terminate the Lease and recover all amounts due under the remaining
term of the Lease, less any amounts Brightpoint N.A. can prove were avoidable.
The foregoing is qualified in its entirety by reference to the Lease, a copy of
which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
10.1 Lease dated February 9, 2006 between Brightpoint North
America, L.P., and Opus North Corporation
99.1 Cautionary Statements
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.
BRIGHTPOINT, Inc.
(Registrant)
By: /s/ David P. O'Connell
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Vice President Treasury and Taxation
Date: February 15, 2006
INDEX TO EXHIBITS
Exhibit Description
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10.1 Lease dated February 9, 2006 between Brightpoint North
America, L.P., and Opus North Corporation
99.1 Cautionary Statements