FIRST AMENDMENT TO OFFICE LEASE AGREEMENT
Exhibit
10.22
FIRST
AMENDMENT TO OFFICE LEASE AGREEMENT
THIS
FIRST AMENDMENT TO OFFICE LEASE AGREEMENT (“Amendment”) is made as of this
1st
day of
July 2008, by and between XX
XXXXXX, LP,
a
California limited partnership (“Landlord”), and DOT
VN, INC.,
a
California corporation (“Tenant”).
RECITALS
A,
Landlord, as successor-in-interest to Wood Creek Associates LLC and Tenant
are
parties to an Office Lease Agreement dated June 2006 for certain real property
commonly known as Suite 114 of the building located at 0000 Xxxxxx Xxxxxx,
Xxx
Xxxxx, Xxxxxxxxxx, the size being approximately 3,148 rentable square feet
(the
“Premises”).
B.
Landlord and Tenant desire to amend the Office Lease Agreement to extend the
Lease, revise the Base Year, and adjust the rent, accordingly.
AGREEMENT
NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency
of
which is hereby acknowledged, Landlord and Tenant agree as follows:
1.
Effective
Date.
The
Effective Date of this First Amendment shall be September 1, 2008 (“Effective
Date.”).
2.
Term:
The Term
of the Office Lease Agreement shall be extended for a period of twelve
(12)
months, commencing on September 1, 2008.
3.
Base
Rent. The
schedule of Base Rent, as set forth in Paragraph I.D, Page 1, of the Office
Lease Agreement, is revised to reflect, in accordance with this First Amendment,
that as of the Effective Date, the Base Rent shall be as follows:
Period
Monthly Base Rent
09/01/08
– 08/31/09 $6,799.68
4.
Base
Year: The
Base
Year for Taxes and Expenses as referenced in the Office Lease Agreement, Page
1,
Paragraph I.F. is revised to be 2008.
5.
Improvements.
The
Landlord agrees to commercially clean the accessible areas of the carpet in
the
Premises and re-balance the HVAC units as necessary within the Premises.
6.
Full
Force and Effect.
Except
as expressly modified hereby, the Office Lease Agreement shall remain unchanged
and in full force and effect. All references, herein and in the Office Lease
Agreement, shall mean, unless the context clearly indicates to the contrary,
the
Office Lease Agreement as amended by this First Amendment. Defined terms used
herein shall have the meaning set forth in the Office Lease Agreement, unless
a
contrary meaning is contained in this First Amendment.
7.
No
Oral Agreements.
The
Office Lease Agreement and this First Amendment contain all of the agreements
of
the parties with respect to the matters set forth herein, except for those
terms
and conditions, incorporated herein by reference. There are no oral agreements
or understandings between the parties hereto affecting the Office Lease
Agreement or this First Amendment. Neither the Office Lease Agreement nor this
First Amendment can be changed or terminated orally but only by an agreement
in
writing signed by the party against whom enforcement or any waiver, change,
modification or discharge is sought.
8.
Successors
and Assigns.
This
Office Lease Agreement, as amended hereby, shall apply to and bind Landlord
and
Tenant and their respective successors and assigns.
IN
WITNESS WHEREOF, Landlord and Tenant have executed this First Amendment as
of
the date first set forth above,
LANDLORD:
Dated:
XX
XXXXXX, LP
a
California limited partnership
By:
Xxxxxxxx Xxxxxx, Controller/Property Manager 000
Xxxxxx
Xxx Xxx Xxxxx, Xxxxx 000 Xxx Xxxxx, XX 00000
Notices:
Attention to Xxx Xxxxxxx/United Hansel
Mgmt.
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TENANT:
Dated:
Lessee:
DOT
VN, INC. a
California corporation
By:
Xxx Xxxxxxx, President 0000 Xxxxxx
Xxxxxx,
Xxxxx 000 Xxx Xxxxx, XX
00000
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