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Biolase, Inc – ‘10-K’ for 12/31/16 – ‘EX-10.18’

On:  Friday, 3/10/17, at 4:07pm ET   ·   For:  12/31/16   ·   Accession #:  1564590-17-3972   ·   File #:  1-36385

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/10/17  Biolase, Inc                      10-K       12/31/16   80:13M                                    ActiveDisclosure/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.17M 
 2: EX-10.18    Material Contract                                   HTML     26K 
 3: EX-10.19    Material Contract                                   HTML     66K 
 4: EX-10.20    Material Contract                                   HTML     56K 
 5: EX-10.21    Material Contract                                   HTML    111K 
 6: EX-21.1     Subsidiaries List                                   HTML     21K 
 7: EX-23.1     Consent of Experts or Counsel                       HTML     24K 
 8: EX-31.1     Certification -- §302 - SOA'02                      HTML     30K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     24K 
16: R1          Document and Entity Information                     HTML     52K 
17: R2          Consolidated Balance Sheets                         HTML    114K 
18: R3          Consolidated Balance Sheets (Parenthetical)         HTML     43K 
19: R4          Consolidated Statements Of Operations And           HTML     97K 
                Comprehensive Loss                                               
20: R5          Consolidated Statements Of Shareholders' Equity     HTML    100K 
21: R6          Consolidated Statements Of Shareholders' Equity     HTML     24K 
                (Parenthetical)                                                  
22: R7          Consolidated Statements Of Cash Flows               HTML    137K 
23: R8          Basis of Presentation                               HTML     43K 
24: R9          Summary of Significant Accounting Policies          HTML    168K 
25: R10         Supplementary Balance Sheet Information             HTML    186K 
26: R11         Intangible Assets and Goodwill                      HTML    121K 
27: R12         Income Taxes                                        HTML    218K 
28: R13         Commitments and Contingencies                       HTML     62K 
29: R14         Stockholders' Equity                                HTML    454K 
30: R15         Segment Information                                 HTML     73K 
31: R16         Concentrations                                      HTML     66K 
32: R17         Subsequent Events (Unaudited)                       HTML     30K 
33: R18         Schedule II-Consolidated Valuation and Qualifying   HTML    116K 
                Accounts and Reserves                                            
34: R19         Summary of Significant Accounting Policies          HTML    262K 
                (Policies)                                                       
35: R20         Summary of Significant Accounting Policies          HTML    126K 
                (Tables)                                                         
36: R21         Supplementary Balance Sheet Information (Tables)    HTML    191K 
37: R22         Intangible Assets and Goodwill (Tables)             HTML    115K 
38: R23         Income Taxes (Tables)                               HTML    216K 
39: R24         Commitments and Contingencies (Tables)              HTML     36K 
40: R25         Stockholders' Equity (Tables)                       HTML    416K 
41: R26         Segment Information (Tables)                        HTML     69K 
42: R27         Concentrations (Tables)                             HTML     64K 
43: R28         Basis of Presentation - Additional Information      HTML     87K 
                (Detail)                                                         
44: R29         Summary of Significant Accounting Policies -        HTML     65K 
                Additional Information (Detail)                                  
45: R30         Estimated Useful Lives of Property, Plant and       HTML     36K 
                Equipment (Detail)                                               
46: R31         Changes in Initial Product Warranty Accrual and     HTML     37K 
                Expenses Under Initial and Extended Warranties                   
                (Detail)                                                         
47: R32         Classification of Compensation Expense Associated   HTML     36K 
                with Share-Based Payments (Detail)                               
48: R33         Assumptions Used in Estimating Fair Value of Stock  HTML     32K 
                Options Granted (Detail)                                         
49: R34         Components of Accounts Receivable, Net of           HTML     31K 
                Allowance (Detail)                                               
50: R35         Supplementary Balance Sheet Information -           HTML     60K 
                Additional Information (Detail)                                  
51: R36         Components of Inventory (Detail)                    HTML     32K 
52: R37         Summary of Property, Plant, and Equipment (Detail)  HTML     49K 
53: R38         Components of Accrued Liabilities (Detail)          HTML     46K 
54: R39         Summary of Deferred Revenue (Detail)                HTML     44K 
55: R40         Intangible Assets and Goodwill - Additional         HTML     28K 
                Information (Detail)                                             
56: R41         Intangible Assets and Related Accumulated           HTML     52K 
                Amortization (Detail)                                            
57: R42         Summary of Income Tax Current and Deferred          HTML     43K 
                Provision (Detail)                                               
58: R43         Federal Income Tax Provision Compared With          HTML     51K 
                Statutory Rates (Detail)                                         
59: R44         Summary of Net Deferred Tax Assets and Net          HTML     72K 
                Deferred Tax Liabilities (Detail)                                
60: R45         Income Taxes - Additional Information (Detail)      HTML     54K 
61: R46         Summary of Unrecognized Tax Benefits (Detail)       HTML     29K 
62: R47         Commitments and Contingencies - Additional          HTML     91K 
                Information (Detail)                                             
63: R48         Future Minimum Rental Commitments Under Lease       HTML     36K 
                Agreements (Detail)                                              
64: R49         Stockholders' Equity - Additional Information       HTML    587K 
                (Detail)                                                         
65: R50         Summary of Stock Dividends Declared (Detail)        HTML     36K 
66: R51         Summary of Warrant Activity (Detail)                HTML     52K 
67: R52         Summary of Option Activity Under Stock Option       HTML     78K 
                Plans (Detail)                                                   
68: R53         Options Outstanding and Exercisable (Detail)        HTML     69K 
69: R54         Cash Proceeds Along with Fair Value Disclosures     HTML     34K 
                Related to Grants, Exercises, and Vesting Options                
                (Detail)                                                         
70: R55         Summary of Unvested Restricted Stock Units          HTML     43K 
                (Detail)                                                         
71: R56         Segment Information - Additional Information        HTML     38K 
                (Detail)                                                         
72: R57         Summary of Net Revenue by Geographic Location       HTML     29K 
                (Detail)                                                         
73: R58         Summary of Long-Lived Assets by Geographic          HTML     31K 
                Location (Detail)                                                
74: R59         Concentrations - Summary of Net Revenue from        HTML     39K 
                Various Products (Detail)                                        
75: R60         Concentrations - Additional Information (Detail)    HTML     31K 
76: R61         Subsequent Events (unaudited) - Additional          HTML    100K 
                Information (Detail)                                             
77: R62         Consolidated Valuation and Qualifying Accounts and  HTML     37K 
                Reserves (Detail)                                                
79: XML         IDEA XML File -- Filing Summary                      XML    137K 
78: EXCEL       IDEA Workbook of Financial Reports                  XLSX    104K 
10: EX-101.INS  XBRL Instance -- biol-20161231                       XML   3.71M 
12: EX-101.CAL  XBRL Calculations -- biol-20161231_cal               XML    211K 
13: EX-101.DEF  XBRL Definitions -- biol-20161231_def                XML    683K 
14: EX-101.LAB  XBRL Labels -- biol-20161231_lab                     XML   1.54M 
15: EX-101.PRE  XBRL Presentations -- biol-20161231_pre              XML   1.16M 
11: EX-101.SCH  XBRL Schema -- biol-20161231                         XSD    216K 
80: ZIP         XBRL Zipped Folder -- 0001564590-17-003972-xbrl      Zip    225K 


‘EX-10.18’   —   Material Contract


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



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Exhibit 10.18

Biolase, Inc.

4 Cromwell

Irvine, California 92612

November 22, 2016

Harold C. Flynn, Jr.

BIOLASE, Inc.

4 Cromwell

Irvine, California 92618

Dear Harold,

The purpose of this letter is to acknowledge that, in consideration of the sum of $1.00 and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, you and BIOLASE, Inc. (the “Company”) have agreed that the restricted stock unit award granted to you on November 8, 2016, representing the right to acquire 1,000,000 shares of Company common stock pursuant to the terms of the BIOLASE, Inc. 2002 Stock Incentive Plan, as amended (the “Plan”), has been rescinded in its entirety.  As discussed, the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) intends to review your compensation in January 2017 and may, at such time, grant you equity awards upon such terms and conditions as approved by the Compensation Committee and which are consistent with the terms of the Plan.

Please acknowledge the foregoing by signing below and returning this letter to me at your earliest convenience.  If you have any questions or otherwise wish to discuss, please do not hesitate to contact me.

Sincerely,

Jonathan T. Lord

Chairman of the Compensation Committee of the Board of Directors of BIOLASE, Inc.

 

/s/ Harold C. Flynn, Jr.

 

November 23, 2016

 

 

 

Harold C. Flynn, Jr.

 

Date

 

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/10/17
For Period end:12/31/16SD
11/23/164/A,  8-K
11/22/168-K
11/8/1610-Q,  4,  4/A,  8-K
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Filing Submission 0001564590-17-003972   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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