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Property and facilities
We lease approximately 47,000 square feet of space for our headquarters in Fort Washington, Pennsylvania under an agreement that
expires in January 2018, with an option to extend to 2023. We believe that our existing facilities are adequate to meet our current needs, and that suitable additional alternative spaces will be
available in the future on commercially reasonable terms.
From time to time, we are subject to litigation and claims arising in the ordinary course of business. We are not currently a party to
any material legal proceedings and we are not aware of any pending or threatened legal proceeding against us that we believe could have a material adverse effect on our business, operating results or