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Exhibit 10.18
AMENDMENT NO. 2 TO LEASE
THIS AMENDMENT NO. 2 TO LEASE is entered into this 8th day of February,
2000, by and between 0000 XXXXXXXX, hereinafter called "Landlord", and
CYBERGOLD, INC., A DELAWARE CORPORATION, hereinafter called "Tenant".
WHEREAS, by Lease dated July 15, 1999, as amended by Amendment No. 1 to
Lease dated November 17, 1999 (the "Lease") between Landlord and Tenant, Tenant
leased office space on the 12th and 13th floors of the 0000 Xxxxxxxx Building
known as Suites 1200 and 1300, 0000 Xxxxxxxx, Xxxxxxx, Xxxxxxxxxx, consisting of
approximately 28,494 rentable square feet and expiring on November 30, 2004,
and,
WHEREAS, Landlord and Tenant wish to extend the expiration date of the
Lease, and,
WHEREAS, Landlord and Tenant wish to amend certain other provisions of the
Lease,
NOW, THEREFORE, FOR VALUABLE CONSIDERATION, THE RECEIPT AND SUFFICIENCY OF
WHICH ARE HEREBY ACKNOWLEDGED, IT IS MUTUALLY AGREED AS FOLLOWS:
1. Section 1.4 of the Lease is hereby amended in its entirety to read
as follows:
1.4 Term: (a) Commencement Date: July 15, 1999
(b) For a term of: Seventy-One (71) months (expiring June
30, 2005)
(c) Option to Extend for Thirty-Six (36) months (until June
30, 2008)
2. The first sentence of Paragraph a. ("Option") of Section 36 ("Option
to Extend Term") of the Lease is hereby amended in its entirety to read as
follows:
Tenant shall have the right to extend the initial term hereof for One (1)
additional consecutive period of Thirty-Six (36) months ("Option Period"),
commencing immediately upon the expiration of the initial term hereof,
upon the same terms and conditions as are stated in this Lease.
3. Subparagraph (i) of Paragraph a. of Section 36 of the Lease is
hereby amended in its entirety to read as follows:
(i) Tenant shall exercise said option by written
notification to Landlord no later than Nine (9) months prior to the
expiration of the initial term.
1330 / CYBERGOLD - AMENDMENT NO. 2 TO LEASE
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4. All terms used herein that are defined in the Lease shall have the
same meanings as therein defined, except as amended by this Amendment 2. Except
as amended by this Amendment 2, all the terms, covenants and conditions of the
Lease are hereby ratified and affirmed and shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment 2 on
the day and year first written above.
LANDLORD: 0000 XXXXXXXX
By:
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Xxxxx Xxxxxxxxx
TENANT: CYBERGOLD, INC., A DELAWARE CORPORATION
By: By:
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Print Name: Print Name:
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Title: Title:
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1330 / CYBERGOLD - AMENDMENT NO. 2 TO LEASE
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