THIRD AMENDMENT TO OFFICE LEASE AGREEMENT
THIRD
AMENDMENT TO OFFICE LEASE AGREEMENT
THIS THIRD AMENDMENT TO OFFICE LEASE
AGREEMENT (“Amendment”) is made as of this 31 day of August 2010, by and between
XX XXXXXX, LP, a
California limited partnership (“Landlord”), and DOT VN, INC., a Delaware
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”); and subsequently amended the Office Lease Agreement on July 1, 2008
(the “First Amendment to Lease”); and further amended the Office Lease Agreement
on July 31, 2009 (the “Second Amendment to Lease”).
B. Landlord
and Tenant desire to again amend the Office Lease Agreement to extend the
Lease.
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 Third Amendment shall be October 1, 2010 (“Effective
Date.”).
2. Term: The Term of
the Office Lease Agreement shall be extended for a period of thirteen (13)
months, commencing on October 1, 2010.
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 Third Amendment,
that as of the Effective Date, the Base Rent shall be as follows:
|
Period
|
Monthly
Base Rent
|
|
10/01/10
– 10/31/10 (1 Month)
|
$0.00
(Abated)
|
|
11/01/10
– 10/31/11 (12 Months)
|
$6,296.00
|
4. Base Year. The Base
Year for Taxes and Expenses as referenced in the Office Lease Agreement, Page 1,
Paragraph I.F. and modified by the First Amendment to Office Lease, Paragraph 4,
is now revised to be 2010.
5. Improvements. The
Landlord agrees to re-balance the HVAC units as necessary within the
Premises. The Landlord agrees to commercially clean the accessible
areas of the carpets.
6. Broker(s). Landlord
and Tenant agree that as referenced in the Office Lease Agreement, Page 2,
Paragraph K, the broker involved in this Third Amendment to Lease transaction
shall be Xxxxxx Xxxxx of Xxxxxxx Xxxxxx BRE Commercial.
7. 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, First Amendment, and
Second Amendment shall mean, unless the context clearly indicates to the
contrary as amended by this Third Amendment. Defined terms used
herein shall have the meaning set forth in the Office Lease Agreement, unless a
contrary meaning is contained in the First Amendment, Second Amendment, or in
this Third Amendment.
8. No Oral
Agreements. The Office Lease Agreement, the First Amendment,
Second Amendment, and this Third 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, the First Amendment, Second Amendment, or this Third
Amendment. Neither the Office Lease Agreement, the First Amendment,
Second Amendment, nor this Third 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.
9. 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 Third Amendment as of the date first set forth
above,
| LANDLORD: | Dated: 9/1/2010 | ||
|
XX
XXXXXX, LP
a
California limited partnership
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By:
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/s/ Shiva Denghani, Vice President, United Hansel Inc. | |
|
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: 9/01/2010 | ||
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Lessee: DOT VN,
INC.
a
Delaware corporation
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By:
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/s/ Xxx Xxxxxxx | |
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Xxx
Xxxxxxx, President
0000
Xxxxxx Xxxxxx, Xxxxx 000
Xxx
Xxxxx, XX 00000
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