EXHIBIT 10.29
Page 129
THIS AGREEMENT made the 26th day of February, 0000
X X X X X X N :
KANATA RESEARCH PARK CORPORATION
(Hereinafter called the "Landlord")
OF THE FIRST PART
AND:
NEWBRIDGE NETWORKS CORPORATION
(Hereinafter called the "Tenant")
OF THE SECOND PART
AMENDMENT TO LEASE
WHEREAS pursuant to a written lease dated the 29th day of May, 1997 (the
"Lease") the Tenant leased those premises consisting of the building known
municipally as 000 Xxxxx Xxx Xxxxx (the "Building") and comprising approximately
Seventy Six Thousand Two Hundred & Thirty point Sixty Five (76,230.65) rentable
square feet of space on the ground floor ("Leased Premises") from the Landlord.
AND WHEREAS the Tenant wishes to lease additional premises from the
Landlord and the Landlord is in agreement therewith.
THEREFORE in consideration of the rents covenants and conditions contained
herein, the Landlord and Tenant agree as follows:
1. The Tenant hereby agrees to lease additional space comprising approximately
Six Hundred & Seventy Eight (678) rentable square feet ("Additional
Premises") commencing March 1, 1999 and ending the last day of May, 2002.
2. The Lease shall be amended effective March 1, 1999 as follows:
a) Paragraph 1.00 shall be amended by adding after the words "ground
floor" the words "and an area on the Second (2nd) floor comprising
approximately Six Hundred & Seventy Eight (678) rentable square feet".
b) Paragraph 1.01 c) shall be amended by deleting the reference to
"Seventy Nine percent (79%) and replacing same with "Seventy Nine point
Sixty Six percent (79.66%)".
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c) Paragraph 3.00 shall be amended by adding the table contained herein:
Second Floor Premises
Rental Rate Per Sq. Ft. Per Total Per Annum
--------------------------- ---------------
Term Annum
---- -----
March 1/99 -
May 31/02 $9.25 $6,271.50
d) Paragraph 3.01 shall be amended by deleting the reference to "Fifty
Eight Thousand Seven Hundred & Sixty One and Thirteen Cents ($58,761.13)"
and replacing same with "Sixty Five Thousand and Thirty Two Dollars & Sixty
Three Cents ($65,032.63)".
e) Schedule "B" shall be amended to include the second (2nd) floor plan
attached hereto as Schedule "B".
3. The Tenant shall lease the Additional Premises in an "as is" condition.
There shall be no leasehold improvement allowance provided by the Landlord
for the Additional Premises.
SAVE AND EXCEPT as set out herein all other terms and conditions of the
Lease shall remain unchanged and shall apply to the Additional Premises and all
capitalized terms used herein shall have the same meaning as in the Lease.
IN WITNESS WHEREOF the parties hereto have affixed their corporate seals
duly attested to by the hands of their authorized signing officers.
SIGNED, SEALED AND DELIVERED
In the Presence of:
) KANATA RESEARCH PARK
) CORPORATION
)
)
) c/s
) Per:_____________________________
) Name:
) Title:
) I have the authority to bind the corporation.
)
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) NEWBRIDGE NETWORKS
CORPORATION
)
)
) Per:_____________________________________
) Name:
) Title:
)
) Per:_____________________________________
) Name:
) Title:
) I/We have the authority to bind the corporation.
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SCHEDULE "B"
Second Floor Plan
-----------------
DATED the 26th day of February, 1999
-----------------------------------------------------------------------------
B E T W E E N :
KANATA RESEARCH PARK CORPORATION
OF THE FIRST PART
AND:
NEWBRIDGE NETWORKS CORPORATION
OF THE SECOND PART
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AMENDMENT TO LEASE
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