LEASE AMENDMENT
EXHIBIT 10.68
LEASE AMENDMENT TO LEASE AGREEMENT
FOR THE EXPERIAN/TRW BUILDINGS
LEASE AMENDMENT
AMENDMENT AGREEMENT dated this 10/th/ day of March, 1995 by and between
XXXXX OFFICE INVESTMENT LIMITED PARTNERSHIP, a Texas limited partnership (herein
called "Landlord"), having an address at 000 Xxxx Xxxxxx, Xxx Xxxxxx, Xxxx,
00000-0000, Attention: Commercial Real Estate Loan Administration, Reference No.
D-399815, and TRW INC., an Ohio corporation (herein called "Tenant"), having an
address at 000 Xxxx Xxxxxxx Xxxx, Xxxxxx, Xxxxxxxxxx, 00000, Attention: Xxxx X.
Xxxxxxxx.
WITNESSETH
WHEREAS, by Agreement of Lease dated April 15, 1993 (the "Lease")
Landlord demised to Tenant and Tenant hired from Landlord those certain premises
described in the Lease upon the terms, provisions and conditions as in said
Lease more fully set forth therein; and
WHEREAS, Landlord and Tenant desire to amend the Lease as hereinafter
set forth.
NOW, THEREFORE, in consideration of the premises, the mutual covenants
and agreements hereinafter set forth and other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties agree
that the Lease be and it is hereby amended as follows:
1. From and on April 15, 1995 through and including October 15, 2010,
each of the Basic Rent payments as defined in Paragraph 5(a) of the Lease and
outlined pursuant to Exhibit B of the Lease shall be increased by $3,254.00 per
month and the Rent payment for February 15, 2010 shall be increased an
additional $657,551.60, for a total rental payment increase of $660,805.60. The
original Exhibit B is deleted in its entirety and inserted in lieu thereof is
the Exhibit B attached hereto and made a part hereof.
2. The Termination Values as defined in Paragraph 5(c) of the Lease and
outlined pursuant to Exhibit D of the Lease shall also be amended to reflect the
monthly rental increase of $3,254.00 as well as an additional lump sum payment
of $657,551.60. The original Exhibit D is deleted in its entirety and inserted
in lieu thereof is the Exhibit D attached hereto and made a part hereof.
3. Except as modified hereby, the Lease is and shall remain in full
force and effect, in accordance with its terms.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as
of the day and year first above set forth.
LANDLORD: XXXXX OFFICE INVESTMENT
LIMITED PARTNERSHIP, a Texas
limited partnership
By: Principal Mutual Life Insurance
Company, an Iowa corporation, its
sole general partner
By: /s/ Xxxxx X. Xxxxxxxx
---------------------------------
Its: Xxxxx X. Xxxxxxxx, Counsel
--------------------------------
By: /s/ Xxxxxx X. Xxxxxxxx
---------------------------------
Its: Xxxxxx X. Xxxxxxxx, Counsel
--------------------------------
TENANT: TRW, INC., an Ohio corporation
By: /s/ Xxxxxx X. Xxxxxxxxx
---------------------------------
Name: Xxxxxx X. Xxxxxxxxx
-------------------------------
Title: Assistant General Counsel
------------------------------
& Assistant Secretary
-2-
EXHIBIT B
---------
BASIC RENT PAYMENTS
Rental
Date Payment
---- -------
11/15/93 $ 87,560.25
12/15/93 $ 87,560.25
1/15/94 $ 132,927.05
2/15/94 $1,074,597.97
3/15/94 $ 178,293.86
4/15/94 $ 178,293.86
5/15/94 $ 178,293.86
6/15/94 $ 178,293.86
7/15/94 $ 178,293.86
8/15/94 $ 178,293.86
9/15/94 $ 178,293.86
10/15/94 $ 178,293.86
11/15/94 $ 178,293.86
12/15/94 $ 178,293.86
1/15/95 $ 178,293.86
2/15/95 $ 405,772.67
3/15/95 $ 178,293.86
4/15/95 $ 181,547.86
5/15/95 $ 181,547.86
6/15/95 $ 181,547.86
7/15/95 $ 181,547.86
8/15/95 $ 181,547.86
9/15/95 $ 181,547.86
10/15/95 $ 623,539.14
11/15/95 $ 178,830.97
12/15/95 $ 178,830.97
1/15/96 $ 178,830.97
2/15/96 $ 178,830.97
3/15/96 $ 178,830.97
4/15/96 $ 178,830.97
5/15/96 $ 178,830.97
6/15/96 $ 178,830.97
7/15/96 $ 178,830.97
8/15/96 $ 178,830.97
9/15/96 $ 178,830.97
10/15/96 $ 880,903.68
11/15/96 $ 174,515.39
12/15/96 $ 174,515.39
1/15/97 $ 174,515.39
2/15/97 $ 174,515.39
EXHIBIT B
---------
BASIC RENT PAYMENTS (cont.)
3/15/97 $ 174,515.39
4/15/97 $ 174,515.39
5/15/97 $ 174,515.39
6/15/97 $ 174,515.39
7/15/97 $ 174,515.39
8/15/97 $ 174,515.39
9/15/97 $ 174,515.39
10/15/97 $ 928,375.08
11/15/97 $ 169,881.48
12/15/97 $ 169,881.48
1/15/98 $ 169,881.48
2/15/98 $ 169,881.48
3/15/98 $ 169,881.48
4/15/98 $ 169,881.48
5/15/98 $ 169,881.48
6/15/98 $ 169,881.48
7/15/98 $ 169,881.48
8/15/98 $ 169,881.48
9/15/98 $ 169,881.48
10/15/98 $ 979,348.12
11/15/98 $ 164,905.75
12/15/98 $ 164,905.75
1/15/99 $ 164,905.75
2/15/99 $ 164,905.75
3/15/99 $ 164,905.75
4/15/99 $ 164,905.75
5/15/99 $ 164,905.75
6/15/99 $ 164,905.75
7/15/99 $ 164,905.75
8/15/99 $ 164,905.75
9/15/99 $ 164,905.75
10/15/99 $1,034,081.08
11/15/99 $ 159,563.00
12/15/99 $ 159,563.00
1/15/00 $ 159,563.00
2/15/00 $ 159,563.00
3/15/00 $ 159,563.00
4/15/00 $ 159,563.00
5/15/00 $ 159,563.00
6/15/00 $ 159,563.00
7/15/00 $ 159,563.00
8/15/00 $ 159,563.00
9/15/00 $ 159,563.00
EXHIBIT B
---------
BASIC RENT PAYMENTS (cont.)
10/15/00 $1,092,851.31
11/15/00 $ 153,826.16
12/15/00 $ 153,826.16
1/15/01 $ 153,826.16
2/15/01 $1,864,290.70
3/15/01 $ 143,312.08
4/15/01 $ 143,312.08
5/15/01 $ 143,312.08
6/15/01 $ 143,312.08
7/15/01 $ 143,312.08
8/15/01 $ 143,312.08
9/15/01 $ 143,312.08
10/15/01 $ 143,312.08
11/15/01 $ 143,312.08
12/15/01 $ 143,312.08
1/15/02 $ 143,312.08
2/15/02 $1,986,470.89
3/15/02 $ 131,982.33
4/15/02 $ 131,982.33
5/15/02 $ 131,982.33
6/15/02 $ 131,982.33
7/15/02 $ 131,982.33
8/15/02 $ 131,982.33
9/15/02 $ 131,982.33
10/15/02 $ 131,982.33
11/15/02 $ 131,982.33
12/15/02 $ 131,982.33
1/15/03 $ 131,982.33
2/15/03 $2,118,129.58
3/15/03 $ 119,773.65
4/15/03 $ 119,773.65
5/15/03 $ 119,773.65
6/15/03 $ 119,773.65
7/15/03 $ 119,773.65
8/15/03 $ 119,773.65
9/15/03 $ 119,773.65
10/15/03 $ 119,773.65
11/15/03 $ 119,773.65
12/15/03 $ 119,773.65
1/15/04 $ 119,773.65
2/15/04 $2,260,002.07
3/15/04 $ 106,617.85
4/15/04 $ 106,617.85
EXHIBIT B
---------
BASIC RENT PAYMENTS (cont.)
5/15/04 $ 106,617.85
6/15/04 $ 106,617.85
7/15/04 $ 106,617.85
8/15/04 $ 106,617.85
9/15/04 $ 106,617.85
10/15/04 $ 106,617.85
11/15/04 $ 106,617.85
12/15/04 $ 106,617.85
1/15/05 $ 106,617.85
2/15/05 $2,412,880.73
3/15/05 $ 92,441.44
4/15/05 $ 92,441.44
5/15/05 $ 92,441.44
6/15/05 $ 92,441.44
7/15/05 $ 92,441.44
8/15/05 $ 92,441.44
9/15/05 $ 92,441.44
10/15/05 $ 92,441.44
11/15/05 $ 92,441.44
12/15/05 $ 92,441.44
1/15/06 $ 92,441.44
2/15/06 $2,577,619.40
3/15/06 $ 77,165.26
4/15/06 $ 77,165.26
5/15/06 $ 77,165.26
6/15/06 $ 77,165.26
7/15/06 $ 77,165.26
8/15/06 $ 77,165.26
9/15/06 $ 77,165.26
10/15/06 $ 77,165.26
11/15/06 $ 77,165.26
12/15/06 $ 77,165.26
1/15/07 $ 77,165.26
2/15/07 $2,755,138.16
3/15/07 $ 60,703.98
4/15/07 $ 60,703.98
5/15/07 $ 60,703.98
6/15/07 $ 60,703.98
7/15/07 $ 60,703.98
8/15/07 $ 60,703.98
9/15/07 $ 60,703.98
10/15/07 $ 60,703.98
11/15/07 $ 60,703.98
EXHIBIT B
---------
BASIC RENT PAYMENTS (cont.)
12/15/07 $ 60,703.98
1/15/08 $ 60,703.98
2/15/08 $2,946,428.45
3/15/08 $ 42,965.67
4/15/08 $ 42,965.67
5/15/08 $ 42,965.67
6/15/08 $ 42,965.67
7/15/08 $ 42,965.67
8/15/08 $ 42,965.67
9/15/08 $ 42,965.67
10/15/08 $ 42,965.67
11/15/08 $ 42,965.67
12/15/08 $ 42,965.67
1/15/09 $ 42,965.67
2/15/09 $3,152,558.64
3/15/09 $ 23,851.26
4/15/09 $ 23,851.26
5/15/09 $ 23,851.26
6/15/09 $ 23,851.26
7/15/09 $ 23,851.26
8/15/09 $ 23,851.26
9/15/09 $ 23,851.26
10/15/09 $ 23,851.26
11/15/09 $ 23,851.26
12/15/09 $ 23,851.26
1/15/10 $ 23,851.26
2/15/10 $4,032,231.59
3/15/10 $ 3,254.00
4/15/10 $ 3,254.00
5/15/10 $ 3,254.00
6/15/10 $ 3,254.00
7/15/10 $ 3,254.00
8/15/10 $ 3,254.00
9/15/10 $ 3,254.00
10/15/10 $ 3,254.00
EXHIBIT D
---------
TERMINATION VALUES
Date Termination Value
4/15/93 31,860,846.10
5/15/93 32,057,696.22
6/15/93 32,255,717.54
7/15/93 32,452,983.57
8/15/93 32,651,016.22
9/15/93 32,851,812.21
10/15/93 33,051,417.04
11/15/93 33,166,231.02
12/15/93 33,283,429.19
1/15/94 33,352,313.96
2/15/94 32,480,860.59
3/15/94 32,493,234.26
4/15/94 32,505,288.47
5/15/94 32,517,016.00
6/15/94 32,528,719.16
7/15/94 32,538,493.07
8/15/94 32,556,592.43
9/15/94 32,589,739.45
10/15/94 32,621,284.68
11/15/94 32,653,117.38
12/15/94 32,685,240.15
1/15/95 32,715,751.80
2/15/95 32,519,062.68
3/15/95 32,874,664.79
4/15/95 32,901,987.49
5/15/95 32,927,945.78
6/15/95 32,954,141.98
7/15/95 32,978,963.51
8/15/95 33,004,012.62
9/15/95 33,029,291.38
10/15/95 32,611,195.87
11/15/95 32,635,310.81
12/15/95 32,659,646.93
1/15/96 32,682,591.50
2/15/96 32,705,746.59
3/15/96 32,729,114.15
4/15/96 32,752,696.12
5/15/96 32,775,309.25
6/15/96 32,798,129.93
EXHIBIT D
TERMINATION VALUES
Date Termination Value
7/15/96 32,819,974.86
8/15/96 32,842,020.36
9/15/96 32,864,268.28
10/15/96 32,183,462.55
11/15/96 32,204,924.87
12/15/96 32,226,584.33
1/15/97 32,247,257.52
2/15/97 32,268,120.67
3/15/97 32,289,175.54
4/15/97 32,310,423.88
5/15/97 32,331,026.57
6/15/97 32,351,818.64
7/15/97 32,371,960.94
8/15/97 32,392,288.44
9/15/97 32,412,802.85
10/15/97 31,678,805.29
11/15/97 31,698,850.12
12/15/97 31,719,079.30
1/15/98 31,738,653.66
2/15/98 31,758,408.13
3/15/98 31,778,344.35
4/15/98 31,798,463.99
5/15/98 31,818,007.22
6/15/98 31,837,730.31
7/15/98 31,856,873.40
8/15/98 31,876,192.75
9/15/98 31,895,689.96
10/15/98 31,105,138.50
11/15/98 31,124,227.90
12/15/98 31,143,493.12
1/15/99 31,162,174.24
2/15/99 31,181,027.49
3/15/99 31,200,054.44
4/15/99 31,219,256.69
5/15/99 31,237,952.85
6/15/99 31,256,821.33
7/15/99 31,275,180.71
8/15/99 31,293,709.37
9/15/99 31,312,408.86
10/15/99 30,461,422.42
EXHIBIT D
TERMINATION VALUES
Date Termination Value
11/15/99 30,479,779.08
12/15/99 30,498,305.05
1/15/00 30,516,318.89
2/15/00 30,534,498.94
3/15/00 30,552,846.74
4/15/00 30,571,363.84
5/15/00 30,589,782.95
6/15/00 30,608,372.04
7/15/00 30,626,863.84
8/15/00 30,645,526.31
9/15/00 30,664,361.01
10/15/00 29,749,812.40
11/15/00 29,768,725.08
12/15/00 29,787,812.32
1/15/01 29,806,806.90
2/15/01 28,115,512.30
3/15/01 28,134,859.20
4/15/01 28,154,384.69
5/15/01 28,175,110.48
6/15/01 28,196,027.47
7/15/01 28,218,157.48
8/15/01 28,240,491.51
9/15/01 28,263,031.45
10/15/01 28,286,799.24
11/15/01 28,310,786.04
12/15/01 28,334,993.85
1/15/02 28,360,444.77
2/15/02 26,542,971.28
3/15/02 26,568,893.14
4/15/02 26,595,053.73
5/15/02 26,622,638.07
6/15/02 26,650,476.33
7/15/02 26,679,753.68
8/15/02 26,709,300.40
9/15/02 26,739,118.97
10/15/02 26,770,394.73
11/15/02 26,801,958.13
12/15/02 26,833,811.82
1/15/03 26,867,141.31
2/15/03 24,914,629.97
EXHIBIT D
TERMINATION VALUES
Date Termination Value
3/15/03 24,948,575.10
4/15/03 24,982,832.30
5/15/03 25,018,762.69
6/15/03 25,055,023.27
7/15/03 25,092,975.34
8/15/03 25,131,276.08
9/15/03 25,169,928.68
10/15/03 25,210,294.62
11/15/03 25,251,031.29
12/15/03 25,292,142.08
1/15/04 25,334,988.69
2/15/04 23,238,000.27
3/15/04 23,281,637.28
4/15/04 23,325,674.92
5/15/04 23,371,664.15
6/15/04 23,418,075.50
7/15/04 23,466,460.11
8/15/04 23,515,288.72
9/15/04 23,564,565.39
10/15/04 23,615,841.50
11/15/04 23,667,588.02
12/15/04 23,719,809.28
1/15/05 23,774,056.87
2/15/05 21,522,539.14
3/15/05 21,577,786.42
4/15/05 21,633,540.42
5/15/05 21,691,556.73
6/15/05 21,750,105.05
7/15/05 21,810,941.18
8/15/05 21,872,335.07
9/15/05 21,934,291.82
10/15/05 21,998,567.52
11/15/05 22,063,432.40
12/15/05 22,128,891.83
1/15/06 22,196,702.23
2/15/06 19,779,956.11
3/15/06 19,849,015.11
4/15/06 19,918,707.00
5/15/06 19,991,007.99
6/15/06 20,063,971.47
EXHIBIT D
TERMINATION VALUES
Date Termination Value
7/15/06 20,139,573.92
8/15/06 20,215,869.00
9/15/06 20,292,863.04
10/15/06 20,372,532.86
11/15/06 20,452,932.46
12/15/06 20,534,068.51
1/15/07 20,617,918.18
2/15/07 18,024,562.89
3/15/07 18,109,955.48
4/15/07 18,196,130.13
5/15/07 18,285,300.94
6/15/07 18,375,288.29
7/15/07 18,468,306.60
8/15/07 18,562,176.58
9/15/07 18,656,906.03
10/15/07 18,754,709.74
11/15/07 18,853,408.81
12/15/07 18,953,011.45
1/15/08 19,055,732.85
2/15/08 16,273,670.06
3/15/08 16,378,280.62
4/15/08 16,483,848.73
5/15/08 16,592,892.44
6/15/08 16,702,934.17
7/15/08 16,816,492.33
8/15/08 16,931,089.72
9/15/08 17,046,735.83
10/15/08 17,165,949.54
11/15/08 17,286,254.11
12/15/08 17,407,659.51
1/15/09 17,532,685.10
2/15/09 14,549,261.64
3/15/09 14,676,585.53
4/15/09 14,805,074.35
5/15/09 14,937,570.18
6/15/09 15,071,278.13
7/15/09 15,209,040.72
8/15/09 15,348,063.50
9/15/09 15,488,358.01
10/15/09 15,632,767.27
EXHIBIT D
TERMINATION VALUES
Date Termination Value
11/15/09 15,778,497.41
12/15/09 15,925,560.50
1/15/10 16,076,800.14
2/15/10 12,221,042.69
3/15/10 12,365,842.83
4/15/10 12,511,967.59
5/15/10 12,666,807.61
6/15/10 12,823,063.83
7/15/10 12,988,127.71
8/15/10 13,154,701.03
9/15/10 13,322,797.58
10/15/10 13,500,000.01
