Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
TOMO > SEC Filings for TOMO > Form 8-K on 23-Nov-2009All Recent SEC Filings

Show all filings for TOMOTHERAPY INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for TOMOTHERAPY INC


23-Nov-2009

Entry into a Material Definitive Agreement


Item 1.01. Entry into a Material Definitive Agreement.
On November 18, 2009, TomoTherapy Incorporated (the "Company") entered into an Amended and Restated Equity Interest Transfer Agreement (the "Amended Agreement") with Sichuan Nanguang Vacuum Technology Incorporated Ltd. ("Nanguang") and Yao Chongguo ("Yao") concerning the acquisition of 100% of the stock of Chengdu Twin-Peak Accelerator Technology Inc. ("Twin Peak"), a company based in Chengdu, China. The Amended Agreement replaces in its entirety the Equity Interest Transfer Agreement dated September 11, 2008 among the Company, Nanguang and Yao (the "Prior Agreement").
The first of three closings as described in the Prior Agreement took place on October 27, 2008. On October 31, 2008, the Company obtained the business license showing that it owns 100% of the equity interest of Twin Peak. Under the Prior Agreement, upon achievement of certain milestones, the most notable of which are the delivery of a certain number of linear accelerators to TomoTherapy's specification and a certain number of hours of successful life testing of such linear accelerators in the field, a second closing and a third closing would occur, upon which TomoTherapy would make further payments to Nanguang and Yao. The Amended Agreement amended the Prior Agreement to add an additional closing before the second closing, for a total of four closings. The new second closing is anticipated to occur immediately following government approval of the Amended Agreement. Immediately upon receipt of the second installment, Nanguang agreed to purchase from the local government certain land adjacent to the manufacturing facility where test bunkers may in the future be built. In the Amended Agreement, the amount of the third closing payment is reduced by the amount payable at the second closing and the deadline for the third closing has been removed. The amount of the last closing payment remains the same, and the deadline for it has been extended fifteen months.
The Amended Agreement dated November 18, 2009, as redacted in accordance with a request for confidential treatment, is attached hereto as Exhibit 2.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.

     Number                              Description
      2.1*      Amended and Restated Equity Interest Transfer Agreement dated
                November 18, 2009

* Confidential treatment has been requested for portions of this exhibit. These portions have been omitted from the Form 8-K and submitted separately to the Securities and Exchange Commission.


  Add TOMO to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for TOMO - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2010 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.