ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective January 3, 2020, Zynex, Inc. ("Company") entered into an Amendment
(the "Amendment") to its Sublease Agreement ("Sublease") with CSG Systems, Inc.
for an additional 22,546 square feet of office space at its current headquarters
location at Two Maroon Circle, located at 9555 Maroon Circle, Englewood, CO
80112. The term of sublease for the additional space begins on the later of the
completion of the Expansion Work (as defined in the Amendment) or January 1,
2020 and runs through June 30, 2023, with an option to extend the term for an
additional two years through June 30, 2025. From the effective dates through
October 31, 2020, the rent per square foot is $13.00, increasing to $21.75 per
square foot from November 1, 2020 through October 31, 2021. Annual periods
beginning November 1, 2021, the price per square foot increases by an additional
$1 per square foot. The Company is also obligated to pay its proportionate share
of building operating expenses. The Amendment is subject to customary lease
terms and conditions, including provisions relating to mandatory insurance and
remedies upon default.
The foregoing description of the Amendment does not purport to be complete and
is qualified in its entirety by reference to the complete text of the Amendment
attached as Exhibit 10.1 hereto, which is incorporated by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
d) Exhibits. The following exhibits are filed with this report.
Exhibit No. Description
10.1 Fourth Amendment to the Sublease Agreement between Zynex, Inc. and
CSG Systems, Inc.
99.1 Press Release
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ZYNEX, INC. 
