LEASE AGREEMENT
SECURITY PACIFIC PLAZA
THIS LEASE made this 14th day of December , 1994 between XXXXXX
-------- ------------
RUNSTAD PROPERTIES L.P., a Delaware limited partnership ("Landlord"), and
DATA DIMENSIONS, INC., a Delaware corporation ("Tenant").
-----------------------------------------------------------
As parties hereto, Landlord and Tenant agree:
1. LEASE DATA AND EXHIBITS: The following terms as used herein shall have
the meanings provided in this Section 1, unless otherwise specifically
modified by provisions of this Lease:
(a) BUILDING: Known as Security Pacific Plaza, Bellevue, Washington, or
such other name as Landlord may designate from time to time, situated on a
portion of the real property more particularly described in Section 2 hereof,
with an address of 000 - 000xx Xxxxxx X.X., Xxxxxxxx, Xxxxxxxxxx 00000.
(b) PREMISES: Consisting of the floor area on the twentieth (20th)
floor(s) of the Building, as outlined on the floor plan(s) attached hereto as
Exhibit A, including tenant improvements, if any, as described in Exhibit B.
(c) RENTABLE AREA OF PREMISES: 841 net rentable square feet.
---------
(d) TENANT'S PERCENTAGE OF THE BUILDING: .21 %, calculated by
---------
dividing the net rentable area of the Premises by the net rentable area of
the Building( 404,154 net rentable square feet). In the event the net
--------------
rentable area of the Premisies or the net rentable area of the Building is
altered, Landlord may adjust "Tenant's Percentage of the Building" to
properly reflect such event.
(e) BASIC PLANS DELIVERY DATE: Completed .
------------------
FINAL PLANS DELIVERY DATE: Completed .
------------------
(f) COMMENCEMENT DATE: February 1, 1995 or such earlier or later
--------------------------
date as provided in Section 3 hereof.
(g) EXPIRATION DATE: June 30, 1997 .
-------------------------
(h) RENT: The amount(s) specified in Paragraph 1 of Exhibit C hereto
-------
in accordance with Section 5 hereof.
(i) SECURITY DEPOSIT: $ N/A .
--------------
(j) PARKING: Tenant shall have the right to lease parking spaces in or
near the Building in accordance with the terms of Paragraph 2 of Exhibit C
-----
hereto.
(k) NOTICE ADDRESSES:
Landlord: Xxxxxx Runstad Properties L.P.
000 000xx Xxxxxx Xxxxxxxxx
Xxxxx 0000
Xxxxxxxx, Xxxxxxxxxx 00000-0000
Tenant: Data Dimensions, Inc.
----------------------------------
000 000xx Xxxxxx X.X., Xxxxx 0000
----------------------------------
Xxxxxxxx, Xx 00000
----------------------------------
EXHIBIT C
Addendum to Lease between
Xxxxxx Runstad Properties L.P. (Landlord)
and
Data Dimensions, Inc. (Tenant)
ADDITIONAL LEASE TERMS
1. RENT.
The base rental for the Premises shall be Twenty-One Dollars ($21.00) per
net rentable square foot per annum. Rent shall commence on the Commencement
Date specified in Section 1(f) of the Lease hereto.
The total annual base rent (base rental rate per net rentable square foot
per year multiplied by net rentable area of the Premises) shall be paid
in 12 equal monthly payments and shall be payable in accordance with
Section 5 of this Lease. Rent shall be adjusted from time to time
pursuant to the terms of Sections 8 and 9 of this Lease.
2. PARKING.
Tenant shall have the right to lease one (1) unassigned parking space in
the Building garage during the initial Lease term at the market rate,
which rate is subject to change from time to time as determined by
Landlord. Initially, the rate shall be Eighty Dollars ($80.00) per month
per month per space plus applicable sales tax.
In accordance with the City of Bellevue's policy to minimize the use of
single occupant vehicles and to generally reduce parking requirements in
the Central Business District, Tenant will participate in Landlord's
transportion management program.
Parking is leased subject to the rules of Landlord, garage operator and
the City of Bellevue.
3. PAYMENT OF TENANT IMPROVEMENTS.
Pursuant to Exhibit B, Section II of this Lease, Tenant shall be liable
for the payment of all costs for the improvements made in the Premises in
accordance with the space plan prepared by Xxxxxxx Design Group dated
December 5, 1994. Tenant shall also be liable for the payment of
additional costs incurred for the improvements, including change orders.
Landlord hereby acknowledges that it has received payment in the amount of
$7,000.00 to be applied to such improvement costs. Tenant shall pay
Landlord the outstanding balance according to the following schedule:
Payment Date Payment Amount
------------ --------------
January 19, 1995 $7,000.00
February 1, 1995 Balance due
Upon Landlord's receipt of final costs of the improvements, Landlord
shall send to Tenant a statement of such final costs and shall adjust the
final payment accordingly.
Xxxxxx Runstad & Company
Lease Summary
SECURITY PACIFIC PLAZA
Date: 13-Jan-95
TENANT: Data Dimensions Phone: 688-1000
-------------------------------- ---------
Contact:Xxxxx Xxxxxx Fax:
-------------------------------- ---------
Address:777 000xx Xxxxxx XX, Xxxxx 0000 Type of Business:
-------------------------------- ---------
Xxxxxxxx, XX 00000 Check One: New Tenant X
-------------------------------- ---------
Renewal ---------
Add'l Space ---------
Option: ---------
Other: ---------
SPACE: Floor: 20 Total Building SF: 404,154
----------- ---------
SF/NRA: 841 Percentage of Building: 0.21%
----------- ---------
SF/NUA: 743
-----------
LEASE TERM: 29 months Commencement Date 2/1/95
----------- --------
Rent Commencement Date: 2/1/95
--------
Expiration Date: 6/30/97
--------
RATE PER SQFT: $21.00 Security Deposit: $0.00
----------- --------
Advance Rent Payment: N/A
--------
Base Year: 1996
--------
LEASE COSTS
TENANT IMPROVEMENTS: +/-$22,000 = $29.61 +/- $22,000
---------- ----------- --------------
$/USF Tenant Payment
LEASE ASSUMPTION: N/A = ( divided by divided by )
---------- ------- -------- --------
Total Cost Rate/SF # months Total SF
remaining
on lease
LEASE COMMISSION: $1,280.42 = 3% Paid to: WRALP
---------- ---------- --------
Total Cost $/SF or %
PARKING: 1 0 Market Rate
--------------- ---------------- -----------
# garage spaces # surface spaces
SPECIAL PROVISIONS: (Option to Extend, Expand, Cancel, etc.)
Expansion: N/A
Terminate: N/A
Renewal: N/A
Prepared by Xxxxxxxxxxx Xxxxxx
