Amendment to the Commercial Lease
Exhibit 10.12
Amendment to the
Commercial Lease
|
between: |
IBM Immobilien GbR |
|
|
Xxxxxxxxxxxxxxx 00 |
|
|
00000 Xxxxxxxxxx, Xxxxxxx |
|
|
- Landlord - |
|
|
|
|
and |
congatec AG |
|
|
Xxxxxxxxxxxxxxx 0 |
|
|
00000 Xxxxxxxxxx, Xxxxxxx |
|
|
- Tenant - |
For the following building: Xxxxxxxxxxxxxxx 0, 00000 Xxxxxxxxxx, Xxxxxxx
As an amendment to the Commercial Lease dated 12/31/2004 including modifications/amendments thereof dated 12/31/2004, 12/28/2006, 01/01/2009, 01/20/2009 and 12/15/2012, the following Amendment shall be agreed:
To Art. 1 Object of lease
From 07/01/2014-or-after when the works are completed, the newly built offices on the first floor (commercial units: 3, 3a, 5, 6) shall be rented additionally.
To Art. 2 Rental period
The Commercial Lease for the whole building shall be continued for 10 years until 01/01/2025.
To Art. 3 Rental payment
[handwritten: completion of works]
From 07/01/2014, the following rental payment shall be agreed:
|
Item |
|
Rented space / description |
|
m2 |
|
Rent/m2 |
|
Total rent |
|
Total |
|
|
1 |
|
Second floor- Commercial unit 1 part 1 |
|
616.07 |
|
7.50 € |
|
4,620.53 € |
|
|
|
|
2 |
|
Second floor- Commercial unit 1 part 2 |
|
283.43 |
|
7.50 € |
|
2,125.73 € |
|
|
|
|
3 |
|
First floor- Commercial unit 1 part 3 |
|
73.37 |
|
6.50 € |
|
476.91 € |
|
|
|
|
4 |
|
First floor- Commercial unit 1 part 4 |
|
62.29 |
|
7.50 € |
|
467.18 € |
|
|
|
|
|
|
Total commercial unit 1 |
|
1035.16 |
|
|
|
7,690.33 € |
|
7,690.33 € |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 |
|
First floor- Commercial unit 2 |
|
155.17 |
|
4.00 € |
|
620.68 € |
|
620.68 € |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 |
|
First floor- Commercial unit 3 |
|
50.76 |
|
7.50 € |
|
|
|
|
|
|
7 |
|
First floor- Commercial unit 3a |
|
171.1 |
|
7.50 € |
|
|
|
|
|
|
8 |
|
First floor- Commercial unit 5 |
|
358.3 |
|
7.50 € |
|
|
|
|
|
|
9 |
|
First floor- Commercial unit 6 |
|
251.8 |
|
7.50 € |
|
|
|
|
|
|
|
|
Total commercial units 3-6 |
|
831.96 |
|
7.50 € |
|
6,239.70 € |
|
6,239.70 € |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10 |
|
Underground parking garage - Lump sum rent |
|
|
|
|
|
1,000.00 € |
|
1,000.00 € |
|
|
|
|
Total spaces |
|
2022.29 |
|
|
|
|
|
|
|
|
|
|
Net rent |
|
|
|
|
|
|
|
15,550.71 € |
|
|
|
|
Monthly operating costs installment |
|
|
|
|
|
|
|
1,700.00 € |
|
|
|
|
Total net payment |
|
|
|
|
|
|
|
17,250.71 € |
|
|
|
|
19% VAT |
|
|
|
|
|
|
|
3,277.63 € |
|
|
|
|
Monthly gross payment |
|
|
|
|
|
|
|
20,528.34 € |
|
The enclosed updated calculation of areas and a floor plan form part of this Amendment.
To Art. 4 - Additional property expenses
From 07/01/2014 or after when the works are completed, the advance payment for operating costs including heating expenses shall amount to: 1,700.—€/ month plus VAT
All other provisions of the Commercial Lease dated 12/31/2004 and its Amendments shall remain unaffected.
Deggendorf, 4/1/2014
|
/s/ Xxxxx Xxxxxxx |
|
/s/ Xxxxxxx Xxx |
|
|
|
|
|
IM Immobilien GbR |
|
congatec AG |
|
|
|
|
|
- Landlord — Xxxxx Xxxxxxx |
|
Tenant — Xxxxxxx Xxx |
