Recording Requested By
and When Recorded, Return to:
Xxxxx, Brown & Xxxxx
000 Xxxxx Xxxxx Xxxxxx
00xx Xxxxx
Xxx Xxxxxxx, Xxxxxxxxxx 00000-1563
Attention: Xxxxxx X. Xxxxxx
(000) 000-0000
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FOURTH AMENDMENT TO LAND LEASE
THIS FOURTH AMENDMENT TO LAND LEASE (this "Fourth Amendment")
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is entered into as of November 10, 1995, between CIBC INC., a
Delaware corporation ("Lessor"), and AMD INTERNATIONAL SALES &
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SERVICE, LTD., a Delaware corporation ("Lessee").
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RECITALS
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A. For purposes of the financing by Lessor of the acquisition of
the Land described in Appendix 1 attached hereto, Lessor and Lessee entered into
a certain Land Lease, dated as of September 22, 1992, and recorded on
September 22, 1992 as Instrument No. 11550953 in the Official Records of the
Recorder of Santa Xxxxx County, California, as amended by that certain First
Amendment to Land Lease, dated as of December 22, 1992, and recorded on
January 5, 1993 as Instrument No. 11720033 in Official Records of the Recorder
of Santa Xxxxx County, California (such Land Lease, as so amended, is referred
to herein as the "First Amended Land Lease"), pursuant to which Lessor leases
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the Land (as defined therein) to Lessee and Lessee leases the Land from Lessor.
B. The First Amended Land Lease was modified by a certain Second Amendment
to Land Lease dated as of December 17, 1993, and recorded on December 20, 1993
in the Official Records of Santa Xxxxx County, California, as Document No.
12271737 (the "Second Amendment to Land Lease"). The First Amended Land Lease,
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as amended by the Second Amendment to Land Lease, is referred to herein as the
"Second Amended Land Lease."
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C. The Second Amended Land Lease was modified by a certain Third Amendment
to Land Lease, dated as of August 21, 1995 and recorded on September 20, 1995 in
the Official Records of Santa Xxxxx County, California, as Document No. 13020000
(the "Third Amendment to Land Lease"). The Second Amended Land Lease, as
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amended by the Third Amendment to Land Lease, is referred to herein as the
"Third Amended Land Lease."
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D. Advanced Micro Devices, Inc., a Delaware corporation (the "Guarantor"),
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executed and delivered to Lessor a Third Amended and Restated Guaranty, dated as
of August 21, 1995 and accepted by Lessor as of August 21, 1995 (the "Third
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Restated Guaranty"), pursuant to which the Guarantor guarantied to Lessor
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the obligations of Lessee under the Third Amended Land Lease and under the Third
Amended Building Lease (defined below).
E. The Third Restated Guaranty was modified by a certain
First Amendment to Third Amended and Restated Guaranty (the "First
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Guaranty Amendment"), dated as of October, 20, 1995 (the Third
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Restated Guaranty, as amended by the First Guaranty Amendment, is
referred to herein as the "First Amended Guaranty")
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X. Xxxxxx and Lessee desire to amend the Third Amended Land Lease to (i)
reflect that the Third Restated Guaranty was amended by the First Guaranty
Amendment, and (ii) incorporate certain other changes and modifications that
have been agreed to by Xxxxxx and Xxxxxx.
G. Concurrently herewith, Lessor and Xxxxxx also are amending that
certain Building Lease between Lessor and Xxxxxx dated as of September 22, 1992,
and recorded on September 22, 1992 as Instrument No. 11550954 in the Official
Records of the Recorder of Santa Xxxxx County, California, as amended by (i) a
certain First Amendment to Building Lease, dated as of December 22, 1992, and
recorded on January 5, 1993 in the Official Records of the Recorder of Santa
Xxxxx County, California as Document No. 11720034, (ii) a certain Second
Amendment to Building Lease dated as of December 17, 1993, and recorded on
December 20, 1993 in the Official Records of Santa Xxxxx County, California, as
Document No. 12271738, and (iii) a certain Third Amendment to Building Lease
dated as of August 21, 1995, and recorded on September 20, 1995 in the Official
Records of Santa Xxxxx County, California, as Document No. 13020001 (as so
amended, the "Third Amended Building Lease" ).
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NOW, THEREFORE, in consideration of the foregoing and for other good and
valuable consideration, the receipt and adequacy of which are hereby
acknowledged, Lessor and Lessee hereby agree as follows (terms used but not
expressly defined herein shall have the meaning provided in the Third Amended
Land Lease):
-2-
A. MODIFICATIONS TO LAND LEASE
Lessor and Xxxxxx hereby amend the Third Amended Land Lease as
follows:
1. Definitions.
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(a) All references in the Third Amended Land Lease to "this
Lease" or "the Lease" will hereafter refer to the Third Amended Land
Lease as amended by this Fourth Amendment.
(b) The definition of Building Lease is hereby deleted and replaced
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with the following:
Building Lease: that certain Building Lease entered into between
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Lessor and Lessee on September 22, 1992 and recorded September 22, 1992
in the Official Records of the Recorder of Santa Xxxxx County,
California as Document No. 11550954, as amended by that certain First
Amendment to Building Lease dated as of December 22, 1992, and
recorded January 5, 1993 in the Official Records of the Recorder of
Santa Xxxxx County, California as Document No. 11720034, and as
further amended by a certain Second Amendment to Building Lease, dated
as of December 17, 1993, and recorded on December 20, 1993 in the
Official Records of the Recorder of Santa Xxxxx County, California as
Document No.12271738, and as further amended by a certain Third
Amendment to Building Lease, dated as of August 21, 1995 and recorded
on September 20, 1995 in the Official Records of the Recorder of Santa
Xxxxx County, California as Document No. 13020001, and as further
amended by a certain Fourth Amendment to Building Lease, dated as of
November 10, 1995.
(c) The definition of Guaranty is hereby deleted and replaced with the
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following:
Guaranty: that certain Third Amended and Restated Guaranty,
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dated as of August 21, 1995, made by Guarantor in favor of Lessor, as
amended by that certain First Amendment to Third Amended and Restated
Guaranty, dated as of October 20, 1995, and as the same may be further
amended, modified, restated or supplemented from time to time.
B. AFFIRMATION OF STATUS OF LAND LEASE
Except as amended by this Fourth Amendment, the Third Amended Land
Lease is unchanged; and, as amended by this Fourth Amendment, the Third Amended
Land Lease is hereby ratified and affirmed, and remains in full force and
effect.
-3-
IN WITNESS WHEREOF, all parties hereto have caused this Fourth Amendment to
be duly executed as of the date first set forth above.
LESSOR: CIBC INC., a Delaware corporation
By /s/ Xxxxx Xxxxxx
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Name: Xxxxx Xxxxxx
Title: Vice President
LESSEE: AMD INTERNATIONAL SALES & SERVICE,
LTD., a Delaware corporation
By /s/ Xxxxxx X. Xxxxxxx
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Name : Xxxxxx X. Xxxxxxx
Title: President
Guarantor hereby consents to the foregoing amendment, and acknowledges and
agrees that all references in the First Amended Guaranty to the "Amended Land
Lease" or to the "Amended Building Lease" will hereafter refer to such Amended
Land Lease and Amended Building Lease, as the case may be, as respectively
amended by this Fourth Amendment to Land Lease and by the Fourth Amendment to
Building Lease, dated as of the date of the foregoing amendment, between Lessor
and Lessee. Except as modified by this paragraph, the First Amended Guaranty is
unmodified; and, as modified by this paragraph, the First Amended Guaranty
remains in full force and effect and is hereby reaffirmed by the Guarantor.
Guarantor:
ADVANCED MICRO DEVICES, INC.
By /s/ Xxxxxx X. Xxxxxxx
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Name : Xxxxxx X. Xxxxxxx
Title: Sr. Vice President,
Chief Financial and Administrative Officer
Date: November 10, 1995
Reference is made to the Loan Agreement, dated as of December 17,
1993 (the "Loan Agreement"), between CIBC INC., a Delaware
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corporation, and THE LONG-TERM CREDIT BANK OF JAPAN, LTD., LOS
ANGELES AGENCY ("Lender"). In accordance with Section 8(b) of the
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Loan Agreement, Lender hereby consents to the foregoing Fourth
Amendment to Land Lease.
THE LONG-TERM CREDIT BANK OF
JAPAN, LOS ANGELES AGENCY
By: /s/ Xxxxxxxx Xxxxxxx
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Name: Xxxxxxxx Xxxxxxx
Title: Deputy General Manager
Date: November 27, 1995
ACKNOWLEDGEMENT FOR CIBC INC.
STATE OF NEW YORK
COUNTY OF NEW YORK
On November 16, 1995, before me, Xxxxxx X. X'Xxxxx, personally appeared
Xxxxx Xxxxxx, personally known to me to be the person whose name is subscribed
to the within instrument and acknowledged to me that he executed the same in his
authorized capacity, and that by his signature on the instrument the person, or
the entity upon behalf of which the persons acted, executed the instrument.
WITNESS my hand and official seal.
[NOTARIAL SEAL OF
XXXXXX X. X'XXXXX
STATE OF NEW YORK
APPEARS HERE]
Signature:/s/ Xxxxxx X. X'Xxxxx
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(Seal)
ACKNOWLEDGEMENT FOR AMD INTERNATIONAL SALES & SERVICE, LTD.
STATE OF CALIFORNIA
COUNTY OF SANTA XXXXX
On November 10, 1995, before me, Xxxxx X. Xxxxxx, personally appeared
Xxxxxx X. Xxxxxxx, personally known to me to be the person whose name is
subscribed to the within instrument and acknowledged to me that he executed the
same in his authorized capacity, and that by his signature on the instrument the
person, or the entity upon behalf of which the person acted, executed the
instrument.
WITNESS my hand and official seal.
Signature:/s/ Xxxxx X. Xxxxxx
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[NOTARIAL SEAL OF XXXXX X. XXXXXX
STATE OF CALIFORNIA SANTA XXXXX
(Seal) COUNTY APPEARS HERE]
ACKNOWLEDGEMENT FOR ADVANCED MICRO DEVICES, INC.
STATE OF CALIFORNIA
COUNTY OF SANTA XXXXX
On November 10, 1995, before me, Xxxxx X. Xxxxxx, personally appeared
Xxxxxx X. Xxxxxxx, personally known to me to be the person whose name is
subscribed to the within instrument and acknowledged to me that, he executed
the same in his authorized capacity, and that by his signature on the instrument
the person, or the entity upon behalf of which the persons acted, executed the
instrument.
WITNESS my hand and official seal.
[NOTARIAL SEAL OF
XXXXX X. XXXXXX
STATE OF CALIFORNIA
SANTA XXXXX COUNTY
APPEARS HERE]
Signature: /s/ Xxxxx X. Xxxxxx
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(Seal)
ACKNOWLEDGEMENT FOR
THE LONG-TERM CREDIT BANK OF JAPAN, LOS ANGELES AGENCY
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
On November 27, 1995, before me, Xxxxx X. Xxxxxxx, personally appeared
Xxxxxxxx Xxxxxxx, personally known to me (or proved to me on the basis of
satisfactory evidence) to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his authorized
capacity, and that by his signature on the instrument the person, or the entity
upon behalf of which the person acted, executed the instrument.
WITNESS my hand and official seal
Signature: /s/ Xxxxx X. Xxxxxxx
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[NOTORIAL SEAL OF XXXXX X. XXXXXXX
STATE OF CALIFORNIA LOS ANGELES
(Seal) COUNTY APPEARS HERE]
APPENDIX 1
Legal Description of Land
The land referred to herein is situated in the State of California, County of
Santa Xxxxx, City of Sunnyvale and is described as follows:
Parcel A as shown upon that certain Parcel Map filed for Record February 26,
1975 in the Office of the Recorder, County of Santa Xxxxx, in Book 351 of Maps
at Pages 54 and 55.
APN: 000-00-000, 021
ARB: 000-00-000, 018, 035, 042, 014, 013, 012, 053, 052, 057