THIRD AMENDMENT to that certain
Lease dated August 15, 1994 together with its Addendum, Second Addendum, First
Amendment and Second Amendment thereto, copies of which are attached hereto and
made a part hereof, between Waterfront Tower Partners, L.P. Landlord and SERENA
Software International, formerly known as SERENA Consulting, Incorporated,
Tenant.
Now therefore:
The above referenced Lease, its Addendums and Amendments thereto remain in full
force and effect except as herein set forth:
1. An additional 442 square feet is hereby added to the presently
contracted 21,878 square feet for a total of 22,320 square feet. Said 442 square
feet is located on the third floor (Suite 301) of 000 Xxxxxxx Xxxx. Xxxxxxxxxx,
Xxxxxxxxxx, 00000 and is shown on Exhibit "A" attached hereto. Occupancy date is
May 15, 1997.
2. This amendment for the additional 442 square feet will be co-terminus
with the lease terms set forth in the above referenced First Amendment. The rent
schedule of the additional 442 square feet will be as follows:
Months Rent/mo. Sq. ft rate
1-12 $884.00 $2.00
13-24 911.00 2.06
25-36 937.00 2.12
37-48 964.00 2.18
48 to 7/31/2001 995.00 2.25
A summary of the rent schedule for the total square footage of 22,320 is
attached as Exhibit "B". This summary will blend the above rent schedule with
existing rent payments and will be modified to conform with the date of
occupancy of Suite 301 and go into effect as of said occupancy date.
3. The new space will be improved with Landlords Standard Tenant
Improvements. Unless otherwise provided for in said plans, Landlord will
complete work at Landlords expense.
4. An additional Security Deposit of $995.00 shall be paid by Tenant to
Landlord upon execution of this Amendment by both parties.
5. Direct expenses Base Year to be 1997. Tenant's percentage of building
space upon occupancy of 442 square feet with be 22.3%.
6. Landlord is not represented by a Broker and is not liable for any
brokerage fees unless otherwise provided herein.
We the undersigned, hereby agree to the terms and conditions herein set forth.
Date: 1997/5/27 Date: 6/3/97
Tenant Landlord
SERENA Software International Waterfront Tower Partners L.P.
formerly known as SERENA by Peninsula Office Mgmt. Inc.
Consulting Incorporated General Partner
by /s/ Xxxxxxx X. Xxxxxx by /s/ Xxxxxx X. Orphan
------------------------- -------------------------
Xxxxxxx X. Xxxxxx Xxxxxx X. Orphan
Chief Technical Officer & General Partner and President
Chairman of the Board
Correction of typographical error to:
Amendment dated May 10, 1996
- Item number 1, line 2 should read "17,332 square feet", not "17,322 square
feet"
Second Amendment dated August 20, 1996
- Item number 1, line 2 should read "17,332 square feet", not "17,322 square
feet"
- Item number 1, line 3 should read "21,878 square feet", not "21,868 square
feet"
THIRD AMENDMENT
Exhibit A
[IMAGES OMITTED]
EXHIBIT B
SERENA SOFTWARE LEASE
TERM AND MONTHLY RENT SUMMARY
Original Sq. Ft. Add Space 2nd Flr Add Space 3rd Flr Add DT's Suite Monthly Rent
Term Dates No. Months 15,594 1,738 4,546 442 22,320
02/01/95 - 01/31/96 12 $1.25 $19,492.50 $19,492.50
02/01/96 - 07/31/96 5 $1.30 $20,272.20 $20,272.20
Beginning New 60 Month Lease Term
08/01/96 - 10/31/96 3 $1.30 $20,272.20 $1.60 $2,780.80 $23,053.00
11/01/96 - 01/31/97 3 $1.30 $20,272.20 $1.60 $2,780.80 $1.60 $7,273.60 $30,326.60
02/01/97 - 04/31/97 3 $1.35 $21,051.90 $1.65 $2,867.70 $1.60 $7,273.60 $31,193.20
05/01/97 - 09/30/97 5 $1.35 $21,051.90 $1.65 $2,867.70 $1.60 $7,273.60 $2.00 $884.00 $32,077.20
10/01/97 - 01/31/98 4 $1.35 $21,051.90 $1.65 $2,867.70 $1.65 $7,500.90 $2.00 $884.00 $32,304.50
02/01/98 - 09/30/98 8 $1.40 $21,831.60 $1.70 $2,954.60 $1.65 $7,500.90 $2.06 $910.52 $33,197.62
10/01/98 - 01/31/99 4 $1.40 $21,831.60 $1.70 $2,954.60 $1.70 $7,728.20 $2.06 $910.52 $33,424.92
02/01/99 - 09/30/99 8 $1.50 $23,391.00 $1.75 $3,041.50 $1.70 $7,728.20 $2.12 $937.04 $35,097.74
10/01/99 - 01/31/00 4 $1.50 $23,391.00 $1.75 $3,041.50 $1.75 $7,955.50 $2.12 $937.04 $35,325.04
02/01/00 - 09/30/00 8 $1.55 $24,170.70 $1.80 $3,128.40 $1.75 $7,955.50 $2.18 $963.56 $36,218.16
10/01/00 - 01/31/01 4 $1.55 $24,170.70 $1.80 $3,128.40 $1.80 $8,182.80 $2.18 $963.56 $36,445.46
02/01/01 - 07/31/01 6 $1.60 $24,950.40 $1.85 $3,215.30 $1.80 $8,182.80 $2.25 $994.50 $37,343.00
