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): December 23, 2004
EPLUS INC.
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(Exact name of registrant as specified in its charter)
Delaware 000-28926 54-1817218
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
13595 Dulles Technology Drive, Herndon, Virginia 20171-3413
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(Address, including zip code, of principal executive office)
(703) 984-8400
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(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 (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))
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Item 1.01 Entry Into a Material Definitive Agreement
On December 23, 2004, ePlus inc. ("the Company") entered into an office lease
agreement with Norton Building 1, LLC ("the Landlord") pursuant to which the
Company will lease 50,322 square feet for use as its principal headquarters. The
property is located at 13595 Dulles Technology Drive, Herndon, Virginia. The
term of the lease is for five years with one five-year renewal option. The
monthly rent is $19.50 per square foot for the first year, with a rent
escalation of three percent per year for each year thereafter.
Phillip G. Norton is the Trustee of Norton Building 1, LLC and is Chairman of
the Board, President, and Chief Executive Officer of the Company.
The foregoing description of the lease is qualified in entirety by reference to
the lease, a copy of which is included with the Current Report on Form 8-K as
Exhibit 10.1, and incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) The following exhibit is included with this Report:
Exhibit 10.1 Deed of Lease by and between ePlus inc. and Norton Building 1, LLC
dated as of December 23, 2004.
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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.
EPLUS INC.
Date: December 27, 2004
By: /s/ STEVEN J. MENCARINI
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Steven J. Mencarini
Chief Financial Officer
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