FIFTH AMENDMENT TO PALO ALTO LEASE
EXHIBIT 10.10
FIFTH
AMENDMENT TO PALO ALTO LEASE
FIFTH
AMENDMENT TO LEASE
THIS FIFTH AMENDMENT TO LEASE
(“Amendment”) is made and entered into as of the 17th day of May, 2000 by and between 0000 Xxxx Xxxxxxxx Xxxx
Partnership (“Lessor”) and ClickAction, a California corporation, formerly MySoftware (“Lessee”).
RECITALS:
A. Lessor and Lessee entered into a lease dated as of February 25, 1993 (the “Lease”) by
and between Xxxxxxx Family Trust (Lessor) and MySoftware respecting approximately 20,545 square feet in that larger building known as 0000 X. Xxxxxxxx Xxxx, Xxxx Xxxx, (the “Building”). Capitalized terms used and not otherwise defined
herein shall have the same meanings ascribed to them in the lease.
B. MySoftware has changed its name to
ClickAction, Inc, and ClickAction, Inc. has undertaken all of the right and obligations of MySoftware under the lease as of September 16, 1999. Accordingly, ClickAction, Inc. is now the Lessee under the Lease.
C. Lease Expansion: Lessee shall expand their Premises and lease from Lessor, an additional 456
rentable square feet for the remaining balance of the lease term. The total square footage shall now be 21,000 rentable square feet
D. Rent: The new monthly rent shall be as follows:
June 1, 2000-April 30, 2001 63,943.93/NNN
May 1, 2001-April 30, 2002 67,044.94/NNN
E. Commencement—Rent for additional 465 square feet shall commence upon Lessee’s construction of a
demising wall, but, no later than June 7, 2000.
F. Improvements: Lessee
shall take possession of the Premises in an “As Is” condition, and Lessor shall have no obligation to provide Tenant Improvements to the space.
X. Xxxxxx has right to go through Lessees space to go to the common areas.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first written above.
LESSOR: XXXXXXX FAMILY TRUST |
LESSEE: CLICKACTION, INC. a California corporation | |||||||
By: |
/S/ XXXXX XXXXXXX |
By: |
/S/ XXXXXX XXXX | |||||
Date: 6/6/00 |
Date: 6/5/00 |