FIRST AMENDMENT TO LEASE
EXHIBIT 10.32.1
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Sobrato Development Companies |
00000 X. Xx Xxxx Xxxxxxxxx, Xxxxx 000 Xxxxxxxxx, XX 00000-0000 (000) 000-0000 FAX (000) 000-0000 |
FIRST AMENDMENT TO LEASE
This first amendment to lease (“Amendment”) is made this 21st day of February, 1997 by
and between Sobrato Development Company #960, a California Limited partnership having an address at
00000 X. Xx Xxxx Xxxx., Xxxxx 000, Xxxxxxxxx, Xxxxxxxxxx 00000 (“Landlord”) and Komag
Incorporated, a Delaware corporation having its principal place of business at 000 X. Xxxxxxxx
Xxxxx Xxxxxxxx, Xxxxxxxxxx 00000 (“Tenant”).
WITNESSETH
WHEREAS Landlord and Tenant entered into a lease dated May 24, 1996 (the “Lease”) for the building
at 1710 Automation Parkway on that certain 12.64 acre site on the north side of Automation Parkway
in San Xxxx (“Premises”);
WHEREAS Sobrato Development Company #871 assigned its interest in the Lease to Landlord on June 6,
1996; and
WHEREAS effective the date of this Amendment, Landlord and Tenant wish to modify the Lease to set
forth (i) the Commencement Date of the Lease, and (ii) the final Base Monthly Rent;
NOW, THEREFORE, in order to effect the intent of the parties as set forth above and for good and
valuable consideration exchanged between the parties, the Lease is amended as follows:
1. Base Monthly Rent has been determined based on the formula contained in Exhibit “B” to be the
sum of One Hundred Forty Four Thousand Eight Hundred Ten and No/100 Dollars ($144,810.00).
2. The Commencement Date of the Lease has been determined pursuant to Section 7.H of the Lease to
be January 27, 1997.
3. Except as hereby amended, the Lease and all of the terms, covenants and conditions thereof shall
remain unmodified and in full force and effect. In the event of any conflict or inconsistency
between the terms and provisions of this Amendment and the terms and provisions of the Lease, the
terms and provisions of this Amendment shall prevail.
IN WITNESS WHEREOF, the parties hereto have set their hands to this Amendment as of the day and
date first above written.
Landlord | Tenant | |||||||||||||
Sobrato Development Company #960, | Komag Incorporated, | |||||||||||||
a California limited partnership | a Delaware corporation | |||||||||||||
By: | ![]() |
By: | ![]() |
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Its: | General Partner | Its: | VP & CFO |
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