FIRST AMENDMENT TO LEASE
Exhibit 10.10
FIRST AMENDMENT TO LEASE
This First Amendment To Lease (“First Amendment”) is daed as of February ___, 2001 and is by
and between Westlake North Associates, LLC, a Delaware limited liability company (“Landlord”), and
xxxxxxxxx.xxx, Inc., a Delaware corporation (“Tenant”), and amends the lease between Landlord and
Tenant dated as of March 1, 2000 (“Lease”). Landlord and Tenant hereby agree as follows:
1. Defined Terms. All terms not defined herein shall have the same meaning as the
defined terms of the Lease.
2. Lease Remains in Effect. Except as modified by this First Amendment, the Lease
remains in full force and effect.
3. Reduction in Letter of Credit Amount. The first sentence of Section 4 of Exhibit
L-Letter of Credit is deleted and replaced with the following;
“If the conditions of this Section 4 are met, the face amount of the Letter of Credit shall
be reduced by $809,166 on March 14 of each year, commencing with the first reduction
occurring on March 14, 2001.”
4. Change to Letter of Credit Expiration Date. The first sentence of Section 2 of
Exhibit L-Letter of Credit is revised to provide that the initial expiration date of the Letter of
Credit is March 14, 2001.
5. Commencement Date. The parties stipulate that the Commencement Date of the
Lease occurred on August 1, 2000.
The parties have executed this First Amendment in Los Angeles, California, as of the date set
forth above.
Landlord: | Tenant: | |||||
Westlake North Associates, LLC | Xxxxxxxxx.xxx, Inc. | |||||
By:
|
/s/ [illegible signature] | By: | /s/ Xxxxxxxxx Xxxxx Xxxxxx | |||
Name:
|
Name: | Xxxxxxxxx Xxxxx Xxxxxx | ||||
Title:
|
Title: | Senior Vice President/Human | ||||
Resources & Administration | ||||||