FIRST LEASE ADDENDUM
Exhibit 10.08.1
THIS FIRST LEASE ADDENDUM IS
MADE AND ENTERED INTO THIS 29th DAY OF August, 2007, BY AND BETWEEN
ALEXANDER PROPERTIES COMPANY, A CALIFORNIA PARTNERSHIP (HEREINAFTER REFERRED TO AS “LANDLORD”) AND
GLOBAL MONITORING SYSTEMS, INC. (HEREINAFTER REFERRED TO AS “TENANT”).
IT IS AGREED BETWEEN LANDLORD AND TENANT TO MODIFY THE LEASE DATED DECEMBER 28, 2005
(HEREINAFTER REFERRED TO AS “LEASE”) IN THE FOLLOWING MANNER:
TENANTS NAME IS HEREBY CHANGED TO MIRION TECHNOLOGIES.
Section 1. PREMISES
Subsection 1.1 Description. The location of the Premises is hereby changed from Suite
518 located in 0000 Xxxxxxxxx Xxxxxxx, containing 2,394 rentable square feet (hereinafter referred
to as the “Existing Premises”), to Xxxxx 000 located in 0000 Xxxxxxxxx Xxxxxxx, containing 5,008
rentable square feet as shown on the attached Exhibit A, effective upon the occupancy of Suite 220
as evidenced by the execution of Exhibit G attached (hereinafter referred to as the “Effective
Date”), but in no event later than November 1, 2007.
Subsection 1.2 Work of Improvement. Landlord, using Landlord’s building standard
materials, agrees to provide the improvements as shown on the attached Exhibit C. Any changes to
Exhibit C which affect the cost of the work shall be paid for by Tenant. Tenant shall, within
thirty (30) days from receipt of Landlord’s invoice for any such excess cost, promptly pay any
excess prior to the commencement of construction.
Section 2. TERM
Subsection 2.1 Term. The expiration date of the term of this Lease is hereby extended
from January 31, 2009 to October 31, 2011 (hereinafter referred to as the “Extend Lease Term”), or
48 months after the Effective Date whichever is the later.
Please Initial
Tenant ( )
Landlord ( )
Landlord ( )
1
Section 3. RENT
Subsection 3.1 Rent. The Base Rent shall hereby increase from FIVE THOUSAND
ONE HUNDRED EIGHTY SEVEN AND 00/100 DOLLARS ($5,187.00) per month to TEN THOUSAND EIGHT HUNDRED
FIFTY AND 67/100 DOLLARS ($10,850.67) per month effective on the Effective Date.
Subsection 3.2 Adjustments to Base Rent. The Base Rent shall be adjusted to ELEVEN
THOUSAND TWO HUNDRED SIXTY-EIGHT AND 00/100 DOLLARS ($11,268.00) per month effective on the first
day of the 13th full calendar month of the Extend Lease Term.. The Base Rent shall be
further increased to ELEVEN THOUSAND SIX HUNDRED EIGHTY-FIVE AND 33/100 DOLLARS ($11,685.33) per
month effective on the first day of the 25th full calendar month of the Extend Lease Term and to
TWELVE THOUSAND ONE HUNDRED TWO AND 67/100 DOLLARS ($12,102.67) per month effective on the first
day of the 37th full calendar month of the Extend Lease Term.
Section 4. SECURITY DEPOSIT
Concurrently with Tenant’s execution of this First Lease Addendum, Tenant shall deposit with
Landlord the sum of SIX THOUSAND NINE HUNDRED FIFTEEN AND 67/100 DOLLARS ($6,915.67) representing
an increase in the Security Deposit from FIVE THOUSAND ONE HUNDRED EIGHTY-SEVEN AND 00/100 DOLLARS
($5,187.00) to TWELVE THOUSAND ONE HUNDRED TWO AND 67/100 DOLLARS ($12,102.67).
Section 5. TAX AND OPERATING COST INCREASES
Subsection 5.2 Tenant’s Share. On the Effective Date Tenant’s Share of Operating
Costs
for the New Premises shall be .79%, and the Expense Stop for the New Premises shall be $10.75 per
rentable square foot per annum.
Please Initial
Tenant ( )
Landlord ( )
Landlord ( )
2
With the exception of the modifications set out above, all other terms, covenants and
agreements of the Lease shall remain in full force and effect.
| Landlord: | Tenant: | |||||||||
| Alexander Properties Company, a California partnership |
Mirion Technologies | |||||||||
By:
|
/s/ Illegible | By: | /s/ Illegible | |||||||
| Title: CFO | Title: CEO | |||||||||
By:
|
/s/ Illegible | |||||||||
| Title: CONTROLLER | ||||||||||
Date:
|
8/29/07 | Date: | ||||||||
| Regarding: | ||||||||||
| Move from Existing Premises: | ||||||||||
| Xxxxxx Ranch 8, Building Q | ||||||||||
| 0000 Xxxxxxxxx Xxxxxxx, Xxxxx 000 | ||||||||||
| Xxx Xxxxx, XX 00000 | ||||||||||
| Move to New Premises: | ||||||||||
| Xxxxxx Ranch 8, Building Q | ||||||||||
| 0000 Xxxxxxxxx Xxxxxxx, Xxxxx 000 | ||||||||||
| Xxx Xxxxx, XX 00000 | ||||||||||
3
EXHIBIT A
FLOOR PLAN
5,008 RSF
|
Please Initial | |||
Xxxxxx Ranch 8, Building Q |
||||
0000 Xxxxxxxxx Xxxxxxx, Xxxxx 000
|
Tenant ( ) | |||
Xxx Xxxxx, XX 00000
|
Landlord ( ) |
4
EXHIBIT A
FLOOR PLAN
5,008 RSF
|
Please Initial | |||
Xxxxxx Ranch 8, Building Q |
||||
0000 Xxxxxxxxx Xxxxxxx, Xxxxx 000 Xxx Xxxxx, XX 00000 |
Tenant ( ) Landlord ( ) |
5
EXHIBIT G
COMMENCEMENT OF FIRST LEASE ADDENDUM
It is hereby agreed to that as of , 2007, the New Premises located at 0000
Xxxxxxxxx Xxxxxxx, Xxxxx 000, described in the First Lease Addendum dated , by and
between ALEXANDER PROPERTIES COMPANY as Landlord and Global Monitoring Systems, Inc. as
Tenant, were occupied by Tenant and that said First Lease Addendum is in full force and
effect.
ACKNOWLEDGED AND ACCEPTED:
Landlord:
|
Tenant: | |||||||||
By:
|
By: | |||||||||
Date:
|
Date: | |||||||||
