Item 1.01 Entry into a Material Definitive Agreement.
On September 24, 2009, Biolase Technology, Inc. (the "Company") entered into a
First Amendment to Lease (the "Amendment") with The Irvine Company LLC ("The
Irvine Company"), which amended that certain Lease, dated January 10, 2006, by
and between the Company and The Irvine Company (the "Lease"). Pursuant to the
Amendment, the Company immediately reduced the amount of the Lease security
deposit by $131,439.00, which amount will be applied as rent credits, and agreed
to extend the term of the Lease until April 20, 2015, with annual adjustments of
monthly rent over the Lease term. In addition, the Company is eligible for two
additional reductions of the security deposit of $35,000.00 each on April 1,
2013 and April 1, 2014, respectively.
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