Common use of Landlord’s Retention of Contractor Clause in Contracts

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate the construction by Contractor, and Tenant shall pay a construction coordination fee (the “Landlord Coordination Fee”) to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 3 contracts

Samples: Standard Office Lease (1st Pacific Bancorp), Standard Office Lease (Nexsan Corp), Standard Office Lease (Alliance Bancshares California)

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Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate the construction by Contractor, and Tenant shall pay a construction coordination fee (the “Landlord Coordination Fee”) to Landlord in an amount equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 3 contracts

Samples: Standard Office Lease (Vital Therapies Inc), Standard Office Lease (Vital Therapies Inc), Standard Office Lease (United Business Holdings, Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, Contractor to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Supervision Fee”) to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Improvement Allowance (to the extent fully utilized) plus the Over-Allowance Amount Amount, if any (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter), provided that in no event shall the Landlord Supervision Fee exceed One Hundred Thousand Dollars ($100,000.00).

Appears in 2 contracts

Samples: Office Lease (Appdynamics Inc), Office Lease (Appdynamics Inc)

Landlord’s Retention of Contractor. Landlord shall ------------------------------------- independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Fee”"LANDLORD SUPERVISION FEE") to Landlord in an amount equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 2 contracts

Samples: UC Hub Group Inc, UC Hub Group Inc

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, Contractor to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Supervision Fee”) to Landlord in an amount equal to the product of (i) three six percent (36%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 2 contracts

Samples: Office Lease (Anaptysbio Inc), Office Lease (Anaptysbio Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Supervision Fee”) to Landlord in an amount equal to the product of (i) three four percent (34%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 2 contracts

Samples: Office Lease (Pacific Mercantile Bancorp), Lease (Ligand Pharmaceuticals Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Supervision Fee”) to Landlord in an amount equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease (BrightSource Energy Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, Contractor to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the "Landlord Coordination Supervision Fee") to Landlord in an amount equal to the product of (i) three two percent (32%) ), and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease (Volcano Corp)

Landlord’s Retention of Contractor. Landlord shall ------------------------------------- independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate the construction by Contractor, and Tenant shall pay a construction coordination fee (the “Landlord Coordination Fee”"LANDLORD COORDINATION FEE") to Landlord in an amount equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease (Performance Capital Management LLC)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Supervision Fee”) to Landlord in an amount equal to the product of (i) three two percent (32%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Over- Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease Agreement (Esterline Technologies Corp)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate the construction by Contractor, and Tenant shall pay a construction coordination fee (the “Landlord Coordination Fee”) to Landlord in an amount equal to the product of (i) three seven and one-half percent (37.5%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Transfer and Substitution of Indemnitor (Hudson Pacific Properties, Inc.)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate the construction by Contractor, and Tenant shall pay a construction coordination fee (the "Landlord Coordination Fee") to Landlord in an amount equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter)) or if not all of the Improvement Allowance is used, an amount equal to the Improvement Allowance minus the unused amount thereof.

Appears in 1 contract

Samples: Multi Tenant Lease (SCOLR Pharma, Inc.)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Fee”"LANDLORD SUPERVISION FEE") to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Standard Office Lease (C Bridge Internet Solutions Inc)

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Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the "Landlord Coordination Supervision Fee") to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Ground Floor Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease (Coupa Software Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Fee”"LANDLORD SUPERVISION FEE") to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter), but not including reimbursable amounts payable to the Architects or Engineers.

Appears in 1 contract

Samples: Office Lease (Kofax Image Products Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the "Landlord Coordination Supervision Fee") to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter), if any.

Appears in 1 contract

Samples: Office Lease (Salon Media Group Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Fee”"LANDLORD SUPERVISION FEE") to Landlord in an amount amount- equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease (Matchnet, Inc.)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, Contractor to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Supervision Fee”) to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter), provided that the Landlord Supervision Fee shall not exceed Forty-One Thousand Dollars ($41,000).

Appears in 1 contract

Samples: Office Lease (Bare Escentuals Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the “Landlord Coordination Fee”"LANDLORD SUPERVISION FEE") to Landlord in an amount amount- equal to the product of (i) three five percent (35%) and (ii) an amount equal to the Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).. SECTION 5 MISCELLANEOUS 5.1

Appears in 1 contract

Samples: www.sec.gov

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the "Landlord Coordination Supervision Fee") to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter).

Appears in 1 contract

Samples: Office Lease (Stanford Microdevices Inc)

Landlord’s Retention of Contractor. Landlord shall independently retain Contractor, on behalf of Tenant, Contractor to construct the Tenant Improvements in accordance with the Approved Working Drawings and the Cost Proposal and Landlord shall coordinate supervise the construction by Contractor, and Tenant shall pay a construction coordination supervision and management fee (the "Landlord Coordination Supervision Fee") to Landlord in an amount equal to the product of (i) three percent (3%) and (ii) an amount equal to the Tenant Improvement Allowance plus the Over-Allowance Amount (as such Over-Allowance Amount may increase pursuant to the terms of this Tenant Work Letter), but not including reimbursable amounts payable to the Architects or Engineers.

Appears in 1 contract

Samples: Office Lease (Orcad Inc)

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