July 22, 1987
Xx. Xx Xxxxxxxx
Xoma Corporation
0000 Xxxxxxx Xxxxxx
Xxxxxxxxxx, XX 00000
RE: BUILDINGS C, E AND F
LEASES AT AQUATIC PARK CENTER.
Dear Ho:
This will confirm our agreement modifying those certain Leases entered into
by Xoma Corporation with Seventh Street Properties II dated July 22, 1987 for
certain space within Buildings C, E and F at the Aquatic Park Center.
Notwithstanding anything to the contrary in the Leases, if the Commencement Date
under one or more of the Leases is later than May 1, 1988, then the first
Adjustment Date under Paragraph 4.2 of those Leases for which there is such a
delayed Commencement Date shall be changed to that date which is "X" number of
days after October 1, 1990. As used above, "X" shall be the number of days
falling between May 1, 1988 and the Commencement Date for the Lease. Each Lease
shall be considered separately such that if, by way of example only, the
Commencement Date for Buildings C and E are before May 1, 1988 and the
Commencement Date for Building F is after May 1, 1988, then only the Adjustment
Date for Building F shall be changed as set forth above. If an Adjustment Date
is changed, then subsequent Adjustment Dates for such Lease shall be each three
years thereafter on the same date as such new Adjustment Date.
Except as set forth above, the Leases remained unchanged and in full force
and effect. Please indicate your
Xx. Xx Xxxxxxxx
July 22, 1987
Page 2
acceptance of the terms of this letter by signing a copy of this letter and
returning it directly to the undersigned.
SEVENTH STREET PROPERTIES II
By /s/ Xxxxxxx X. Xxxxxxx
------------------------------
XXXXXXX X. XXXXXXX,
General Partner
The terms set forth above are hereby agreed to on July 22, 1987.
XOMA CORPORATION
By /s/ Xxxxxx X. Xxxxxxx
----------------------------
(Signature)
Chairman/ CEO
(Print Name & Title)
