EXHIBIT 10.50
# 1 Amendment to Lease / Expansion
AMENDMENT, made this 28th day of January, 1998, between CORNERSTONE PROPERTIES
I, LLC, having an office at 1720 So. Xxxxxxxx Xxxx., Xxxxx 000, Xxx Xxxxx,
Xxxxxxxxxx, 00000, "Lessor", and, BOMBARDIER SOFTWARE, having an office at 1650
So. Xxxxxxxx Xxxx., Xxxxx 000, Xxx Xxxxx, Xxxxxxxxxx, 00000, "Lessee."
WHEREAS, BAYSHORE CORPORATE CENTER, and BOMBARDIER SOFTWARE, entered into a
Lease dated June 23, 1997, covering Suite 114 in the building 0000 Xxxxx
Xxxxxxxx Xxxx., Xxx Xxxxx, Xxxxxxxxxx, 00000, at the rental and upon the terms
and conditions there more particularly set forth; and
WHEREAS BAYSHORE CORPORATE CENTER IS NOW CORNERSTONE PROPERTIES I, LLC
WHEREAS Bombardier Software, Inc. is now AvantGo, Inc.
WHEREAS, Lessor and Lessee are desirous of amending said Lease in the manner set
forth below.
SQUARE FOOTAGE: Suite 114 consists of 1,117 square feet. Effective February 1,
1998, Lessee will lease an additional 2,220 square feet in suite 212, Building
1650, see Exhibit "A." The total leased square footage shall be 3,337.
LEASE TERM: The term for the above mentioned space shall be from February 1,
1998 to July 31, 1998
RENT:
Existing Space: 1,117 square feet (1650/114)
$2.10 per square foot full service, per month $2,345.70 per month
Expansion Space: 2,220 square feet (1650/212)
$2.10 per square foot, full service, per month $4,662.00 per month
TOTAL COMBINED SPACES $7,007.70 PER MONTH
OPERATING EXPENSES AND PROPERTY TAXES: Lessee will be billed for Operating
Expenses and Property Taxes at a proportionate rate of 1.005 %. The base year
for Operating Expenses and Property Taxes shall be 1997.
SECURITY DEPOSIT: Upon execution of this lease, Lessee shall increase security
deposit from $2,289.85 to $7,007.70. An increase in the amount of $4,717.85.
TENANT IMPROVEMENTS: Costs paid by Lessor: Paint touch up and steam clean
carpets.
GENERAL TERMS: All other terms, covenants, provisions, and agreements of said
Lease dated June 23, 1997 and subsequent Amendments shall remain in full force.
IN WITNESS WHEREOF, this Amendment to Lease has been duly executed by the
parties hereto.
Dated:_____________________ Lessor: CORNERSTONE PROPERTIES I, LLC
By: _______________________________
Xxxxx Xxxxxxx
Dated: 2/2/98 Lessee: AvantGo, Inc.
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By: /s/ Xxxxx Xxx
________________________________
Xxxxx Xxx
Exhibit "A", & "B" Attached
