SUBLEASE ADDENDUM #2
Exhibit 10.21
Dated: September 17, 2020
By and Between
|
|
Sublessor: |
Cyren Ltd. |
|
|
Sublessee: |
|
Property Address: |
0000 Xxxxxx Xxxxx, Xxx Xxxx, XX 00000 |
Paragraph: 14
In the event of any conflict between the provisions of this Addendum and the printed provisions of the Sublease, this Addendum shall control.
|
A. |
OPTION(S) TO EXTEND: |
Sublessor hereby grants to Sublessee the option to extend the term of this Sublease for One (1) additional Twenty and one half (20 ½) month period(s) commencing November 1, 2020 through July 14, 2022 upon each and all of the following terms and conditions:
|
|
(i) |
In order to exercise an option to extend, Sublessee must execute this Addendum by September 30, 2020. |
|
|
(ii) |
Except for the provisions of this Sublease granting an option or options to extend the term, all of the terms and conditions of this Sublease except where specifically modified by this option shall apply. |
|
|
(iii) |
This Option is personal to the original Sublessee, and cannot be assigned or exercised by anyone other than said original Sublessee and only while the original Sublessee is in full possession of the Premises and without the intention of thereafter assigning or subletting. |
|
|
(iv) |
The monthly rent for each month of the option period shall be calculated as follows, using the method(s) indicated below: |
☒ III. Fixed Rental Adjustment(s) (FRA)
The Base Rent shall be increased to the following amounts on the dates set forth below:
MonthsMonthly Base Rent
November 1, 2020 – July 31, 2021$16,867.00
|
August 1, 2021 – July 14, 2022 $17,373.00 |
Beginning November 1, 2020 the Sublessee’s Share of Operating Expenses (NNN charge) shall be $5,667.00. Sublessor may pass on any increases to the Sublessee’s Share of Operating Expenses to Sublessee if, and when, adjusted by Master Lessor.
|
Executed At: McLean, VA |
Executed At: San Jose, CA |
|
On: September 25, 2020 |
On: September 25, 2020 |
|
By Sublessor: |
By Sublessee: |
|
Cyren Ltd. |
MoSys. Inc. |
|
By: /s/ J. Xxxxxxx Xxxxxxxx |
By: /s/ Xxxxx X. Xxxxxxxx |
|
Name Printed: J. Xxxxxxx Xxxxxxxx |
Name Printed: Xxxxx Xxxxxxxx |
|
Title: CFO |
Title: CFO |
|
Phone: |
Phone: |
|
Fax: |
Fax: |
|
Email: xxxx.xxxxxxxx@xxxxx.xxx |
Email: xxxxxxxxx@xxxxx.xxx |
|
Federal ID No.: 00-0000000 |
Federal ID No.: 00-0000000 |
Consent to the above Addendum is hereby given.
|
Executed At: Redwood City, CA |
Executed At: |
|
Executed On: September 28, 2020 |
Executed On: |
|
By Master Lessor: |
By Guarantor: |
|
By: |
/s/ Xxxxx DollingerBy: |
|
Name Printed: Xxxxx Xxxxxxxxx |
Name Printed: |
|
Title: General Partner |
Title: |
|
Phone: |
Address: |
Fax:
Email: xxxx@xxxxxxxxxxxxxxxxxxx.xxx
Address: 000 Xxxx Xxxxxxx Xxxxx #000, Xxxxxxx Xxxx, XX 00000
|
Federal ID No.: |
