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EXHIBIT 10.14.1
LEASE AMENDMENT #4
OB-1 Associates, a California Joint Venture, hereinafter referred to as
"Lessors" and Norcal Waste Systems, Inc., a California Corporation, hereinafter
referred to either as "Norcal" or "Lessee", hereby agree to amend, on the
following terms and conditions, that Lease of commercial space entered into on
April 4, 1989, between Lessor and Lessee, as amended January 15, 1990, April 1,
1990 and January 15, 1991. The premises covered by the above described Lease
consist of Suite 304, containing approximately 11,748 square feet, Suite 225,
containing approximately 0000 xxxxxx xxxx, Xxxxx 000, containing approximately
0000 xxxxxx xxxx, Xxxxx 000, containing approximately 1,318 square feet, and
Suite 151, containing approximately 3,690 square feet.
As to Suite 151, Lessor hereby agrees to release Lessee from 3,000 square feet,
which is a part of the approximately 3,690 square feet, of Suite 151. The 3,000
square feet area is shown in Exhibit "A," attached hereto and made a part
hereof. As to Suite 152, Lessor hereby agrees to release Lessee from this space
as of October 31, 1997, and as to Suite 245, Lessor hereby agrees to release
Lessee from this space as of December 31, 1997, at which time Lessee will
surrender Suite 245 to Lessor. Lessee warrants and represents, as a material
inducement to Lessor to enter into this Lease Amendment, that no subtenant,
assignee, or sublessee of Lessee, or of Lessee's affiliate company, Macor, has
any right or claim to the occupancy of Suite 245 on or after January 1, 1998.
Lessor agrees to reduce Lessee's rent on Suite 245 for the months of November
and December, 1997, to the rate of $1,000 per month, instead of the current
monthly rent of $3,088.90. In the event that any subtenant, assignee or
sublessee of Lessee, or of Lessee's affiliate company, Macor, asserts any claim
or right to the occupancy of Suite 245 for any period on or after January 1,
1998, Lessee shall continue to be responsible for the full rent of $3,088.90 per
month on Suite 245 until such subtenant, assignee, or sublessee of Lessee or of
Lessee's affiliate company, Macor, has vacated Suite 245, and the surrender by
Lessee of Suite 245 to Lessor shall not occur until Suite 245 is so vacated. Any
failure of Lessee to deliver Suite 245 to Lessor in a condition free of all
subtenants, assignees or sublessees of Lessee or of Lessee's affiliate company,
Macor, on or before January 1, 1998, shall not invalidate the surrender by
Lessee to Lessor of Suites 151 and 152 hereunder.
Lessee shall completely vacate said 3,000 square feet of Suite 151 effective
immediately upon execution of this Lease Amendment and shall immediately be
released from all terms and conditions of that portion of the Lease relating to
the occupancy of said 3,000 square foot area. Lessee shall completely vacate
Suite 152 as of the close of business on October 31, 1997. Suite 245 shall be
returned to Lessor in an as-is condition.
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All space covered by this Amendment shall be returned to Lessor in an as-is
condition after removal of Lessee's personal property.
Time is of the essence of this agreement.
Dated: October 21, 1997 Dated: October 21, 1997
LESSOR: LESSEE:
OB-1 ASSOCIATES NORCAL WASTE SYSTEMS, INC.
A California Joint Venture A California Corporation
By: /s/ Xxxxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxxxxxxxxx
Xxxxxx Xxxxx Xxxxxxx X. Xxxxxxxxxx
Managing General Partner President and Chief
Executive Officer
Exhibit "A" Floor Plan San Francisco Executive Park - Ground Floor
