Vistaprint 2009 Annual Report Download - page 48

predicated upon the U.S. securities laws. There is no treaty between the United States and the
Netherlands for the mutual recognition and enforcement of judgments (other than arbitration awards) in
civil and commercial matters. Therefore, a final judgment for the payment of money rendered by any
federal or state court in the United States based on civil liability, whether or not predicated solely upon
the federal securities laws, would not be directly enforceable in the Netherlands. However, if the party
in whose favor such final judgment is rendered brings a new suit in a competent court in the
Netherlands, such party may submit to the Dutch court the final judgment which has been rendered in
the United States. If the Dutch court finds that the jurisdiction of the federal or state court in the United
States has been based on grounds which are internationally acceptable and that proper legal
procedures have been observed, the Dutch court will, in principle, give binding effect to the final
judgment which has been rendered in the United States unless such judgment contravenes Dutch
principles of public policy. Based on the foregoing, there can be no assurance that U.S. shareholders
will be able to enforce against us, members of our management board or supervisory board or officers
who are residents of the Netherlands or countries other than the United States any judgments obtained
in U.S. courts in civil and commercial matters, including judgments under the federal securities laws. In
addition, there is doubt as to whether a Dutch court would impose civil liability on us, the members of
our management board or supervisory board or our officers in an original action predicated solely upon
the federal securities laws of the United States brought in a court of competent jurisdiction in the
Netherlands against us or such members or officers.
Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
We own real property associated with the two computer integrated manufacturing facilities we
have constructed for the production of our products. Our 296,000 square foot facility located near
Windsor, Ontario, Canada services the North American market and our 195,800 square foot facility
located in Venlo, the Netherlands services markets outside of North America. Our web servers are
located in data center space at a Cable & Wireless co-location and hosting facility in Devonshire,
Bermuda.
In addition we lease the properties listed below:
Location Square Feet Type Lease Expires
Lexington, MA, USA 202,000 Technology development,
marketing and administrative
April 26, 2017
Montego Bay, Jamaica 30,000 Design, sales and service
center
April 30, 2011
Montego Bay, Jamaica 5,000 Training and quality assurance
facility
Month-to-month
Barcelona, Spain 19,000 Marketing and administrative December 31, 2011
Winterthur, Switzerland 12,000 Technology development and
prototyping laboratory
February 28, 2013
Paris, France 3,850 Headquarters office, including
CEO and strategy
May 31, 2018
We believe that the total space available to us in the facilities we own and under our current
leases and co-location arrangements or obtainable by us on commercially reasonable terms, will meet
our needs for the foreseeable future.
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