Third Addendum to the Unprotected Rental Agreement Dated July 15, 2001
Third
Addendum to the Unprotected Rental Agreement Dated July 15,
2001
Made and executed in Raanana, December
28 , 0000
Xxxxxxx
Xxxx Xxxxxx Ltd., Public Co.
00-000000-0
of 00 Xxxxxxxxxxx Xx., Xxxxxxxxxx Zone,
Raanana
Tel: 00-0000000; Fax:
00-0000000
(Hereinafter – “the
Lessor”)
First
Party
And
Wintegra Ltd., Private Co.
00-000000-0
of 00 Xxxxxxxxxxx Xx., Xxxx
Center
Industrial Zone,
Raanana
Tel: 00-0000000, Fax:
00-0000000
(Hereinafter – “the
Lessee”)
Second Party
Whereas
|
the Lessor and the Lessee are
parties to an unprotected rental agreement dated July 15, 2001, including
its various appendices, and an Addendum to the Agreement dated July 31,
2005, attached to this Addendum and constituting an integral part thereof
(hereinafter, jointly – “the Rental
Agreement”);
and
|
Whereas
|
the Lessee is interested in
renting an additional area (as defined below) from the Lessor, all in
accordance with the conditions of the Rental Agreement and of this
Addendum; and
|
Whereas
|
the Parties are interested in
recording these agreements in
writing.
|
Accordingly,
it has been declared, conditioned, and agreed as follows:
Additional
Definitions -
|
In
this Third Addendum, the following terms shall have the meaning recorded
alongside:
|
“The
Third Additional
Premises” – |
Offices with an area of 146.53
sq.m. (one hundred forty six square meters and fifty three
square centimeters) situated on the third floor of the Building, defined
as an additional part of Unit C-4, adjacent to the Premises currently
occupied by the Lessee, at 0-0 Xxxxxxxx Xx. in the Industrial Zone,
Raanana (including a proportional part of the public areas and as stated
in section 2.2 of the Rental
Agreement), the net area of which is marked in red on the diagram
(Appendix “A”) (above and hereinafter – “the Third
Additional Premises – Area D”).
|
“The Rental
Period”-
|
The rental Period stipulated in
section 4 of this Third Addendum.
|
1.
|
General
|
|
1.1
|
The Preamble to this Addendum,
including the definitions and declarations included therein, as well as
the appendices attached thereto, constitute an integral part
thereof.
|
|
1.2
|
All terms defined in the Rental
Agreement shall have the meaning attributed thereto therein in this
Addendum, unless these were amended in this Third Addendum.
|
2.
|
Rental
of the Third
Additional
Premises
|
|
The Lessee hereby rents from the
Lessor the Additional Premises, viz. offices with an area of 146.53 sq.m.
(one hundred forty six square meters and fifty three
square centimeters) situated on the third floor of the Building, defined
as an additional part of Unit C-4, adjacent to the Premises currently
occupied by the Lessee, at 0-0 Xxxxxxxx Xx. in Raanana (including a
proportional part of the public areas and as stated in
section 2.2 of the
Rental Agreement), the net area of which is marked in red on the diagram
(Appendix
“A”) (above and
hereinafter – “the
Third Additional Premises – Area D.”)
|
3.
|
Delivery
of Possession; Adaptations to the Premises
–
|
Possession of the Premises shall be
delivered to the Lessee upon signing this Third Addendum, As
Is.
4.
|
Rental
Period
|
|
4.1
|
The Lessor hereby lets to the
Lessee, and the Lessee hereby rents from the Lessor, the Additional
Premises - Area D, for a rental period of twenty four (24)
months, commencing on January 1, 2007 and ending on December 31, 2008
(hereinafter – “the Rental
Period of the Third Additional Premises – Area D”).
|
|
4.2
|
Notwithstanding the above, the
Parties hereby agree that the Lessee has the option, with prior notice of
six (6) months, to shorten the Updated Rental Period by three (3) months,
through September 30, 2008, or later, or to extend the Updated Rental
Period by a period of up to three (3) months, through March 31, 2009, or
less.
|
5.
|
Rental
Fee for the Areas of the Premises, and Manner of Payment
Thereof
|
|
5.1
|
The Parties hereby establish that
the Rental Fee that shall be paid by the Lessee to the Lessor for the
rental of the Third Additional Premises – Area D for the Updated Rental
Period, as stated in section 4 above, shall be in the sum of the Rental
Fee quoted in section 5 to the Second Addendum of the Rental Agreement
dated 7 February 2006 (including all sub-sections
thereof) (hereinafter – “the Rental Fee for the Third
Additional Premises – Area
D”).
|
|
5.2
|
Rental Fee for the first quarter,
from January 1, 2007 through March 31, 2007, is made on the occasion of
signing this Third Addendum between the
parties.
|
6.
|
Maintenance
Fee / Maintenance Services
Fee
|
|
The maintenance / maintenance
services fee and other payments that shall be made by the Lessee to the
Lessor for the area of the Third Additional Premises shall be at the level
and in accordance with the calculation of the maintenance / maintenance
services fee per square meter, as stated in sections 16.1 and 16.2
(regarding maintenance / maintenance services fee), and section 7.3
(regarding participation toward insurance fees) of the Rental
Agreement.
|
7.
|
Securities
and Guarantees
|
|
The parties hereby agree that the
bank guarantee held by the Lessor shall apply and serve also as security
for the Lessee’s undertakings towards the Lessor, in accordance with the
provisions of this Third
Addendum.
|
8.
|
With the exception of the express
content of this Third Addendum, there are no amendments or additions or
changes to the Rental Agreement, and all the provisions of the Agreement
shall apply to the Third Additional Premises – Area D, in addition to this
Addendum, with the changes expressly stated therein, and with such changes
as required in accordance with the
matter.
|
Witnessed by
the signing of this Addendum
Taya Center
Ltd.
|
Wintegra
Ltd.
|
|
/s/ signature
illegible
|
/s/ Xxx
Xxxxxx
|
|
/s/ signature
illegible
|
/s/ Jacob (Kobi) Xxx-Xxx |
|
Appendix
B-3
|
|
(Section
3.1 of the Agreement)
|
|
Specifications
for the Delivery of the Premises to Wintegra
Ltd.
|
|
Area
Defined as the Third Additional Premises – Area D on Floor
3
|
|
Delivered
As Is and Includes
|
|
1.
|
Gross area of 146.53 sq.m, divided as appears in the sketch
attached hereto, including areas, acoustic ceilings made of modular mineral plates, 60/60 cm,
throughout the Premises, various lighting fixtures throughout the
Premises, power outlets for electricity, communications, computer and
telephone outlets, fire detectors and fire and smoke
detectors.
|
|
2.
|
Air-conditioning
(for heating and cooling) 2 mini-central units (Unique
Engineering brand) and one split top unit (Electra-Elco) for
air-conditioning the area of the
Premises.
|
List of Air-conditioning
Units
Type
|
Model
|
HP BTV
|
||||
Ton of refrigeration
|
||||||
1
|
Mini central
|
MZ 1-1Unique Engineering -
MC-600
|
6 tons of
refrigeration
|
|||
2
|
Mini central
|
MZ 1-2 Unique Engineering – MC
-600
|
6 tons of
refrigeration
|
|||
3
|
|
Split – upper
|
|
Electra-Elco model NSA
775
|
|
2.08 tons of
refrigeration
|
Taya Center
Ltd.
|
Wintegra
Ltd.
|
|
/s/ signature
illegible
|
/s/ Xxx
Xxxxxx
|
|
/s/ signature
illegible
|
/s/ Jacob (Kobi) Xxx-Xxx |
Fourth
Addendum to
the Unprotected Rental Agreement Dated July 15, 2001
Made and executed in Raanana May 2,
0000
Xxxxxxx
Xxxx Xxxxxx Ltd., Public Co.
00-000000-0
of 00 Xxxxxxxxxxx Xx., Xxxxxxxxxx Zone,
Raanana
Tel: 00-0000000; Fax:
00-0000000
(Hereinafter – “the
Lessor”)
First
Party
And
Wintegra Ltd., Private Co.
00-000000-0
of 00 Xxxxxxxxxxx Xx., Xxxx
Center
Industrial Zone,
Raanana
Tel: 00-0000000, Fax:
00-0000000
(Hereinafter – “the
Lessee”)
Second
Party
Whereas
|
the Lessor and the Lessee are
parties to an unprotected rental agreement dated July 15, 2001, including
its various appendices, and an Addendum to the Agreement dated July 31,
2005, and a Second Addendum dated Feb. 7, 2006, and a Third Addendum to
the Agreement, dated December 28, 2006, attached to this Addendum and
constituting an integral part thereof (hereinafter, jointly – “the Rental
Agreement”); and
|
Whereas
|
the Lessee is interested in
extending the Rental Period for all the Premises contained in
the Rental Agreement including the three Addendum, and in renting an
additional area (as defined below) from the Lessor, all in accordance with
the conditions of the Rental Agreement and of this Fourth Addendum;
and
|
Whereas
|
the Parties are interested in
recording these agreements in
writing.
|
Accordingly,
it has been declared, conditioned, and agreed as follows:
1.
|
General
|
|
1.1
|
The Preamble to this Addendum,
including the definitions and declarations included therein, as well as
the appendices attached thereto, constitute an integral part
thereof.
|
|
1.2
|
All terms defined in the Rental
Agreement shall have the meaning attributed thereto therein in this
Addendum, unless these were amended in this Fourth
Addendum.
|
2.
|
Extension
of Rental Period
|
|
The Lessor and the Lessee in
signing this Agreement hereby agree that contrary to the provisions
regarding Rental Period/s of all the Premises contained in the Rental
Agreement including all three Addendum, the Rental Period for all Premises
is hereby extended until April 30, 2009 (hereinafter: “the Extended Rental
Period”).
|
3.
|
Rental
Period
|
Notwithstanding the above, the Parties hereby agree that the Lessee
has the option, with prior notice of six (6) months, to shorten the Extended
Rental Period by three (3) months, through January 31, 2009, or later, or to
extend the Extended Rental Period by a period of up to three (3) months, through
July 31, 2009, or less.
4.
|
With the exception of the express
content of this Fourth Addendum, there are no amendments or additions or
changes to the Rental Agreement, and all the provisions of the Agreement,
including all three Addenda, shall apply to the Premises, with the changes
expressly stated therein, and with such changes as required in accordance
with the matter.
|
Witnessed by
the signing of this Addendum
Taya Center
Ltd.
|
Wintegra
Ltd.
|
|
/s/ signature
illegible
|
/s/ Xxx
Xxxxxx
|
|
/s/ signature
illegible
|
/s/ Xxxx Xxxxxx |
|
Appendix
B-3
|
|
(Section
3.1 of the Agreement)
|
|
Specifications
for the Delivery of the Premises to Wintegra
Ltd.
|
|
Area
Defined as the Third Additional Premises – Area D on Floor
3
|
|
Delivered
As Is and Includes
|
|
3.
|
Gross area of 146.53 sq.m, divided as appears in the sketch
attached hereto, including areas, acoustic ceilings made of modular mineral plates, 60/60 cm,
throughout the Premises, various lighting fixtures throughout the
Premises, power outlets for electricity, communications, computer and
telephone outlets, fire detectors and fire and smoke
detectors.
|
|
4.
|
Air-conditioning
(for heating and cooling) 2 mini-central units (Unique
Engineering brand) and one split top unit (Electra-Elco) for
air-conditioning the area of the
Premises.
|
List of Air-conditioning
Units
Type
|
Model
|
HP BTV
|
||||
Ton of refrigeration
|
||||||
1
|
Mini central
|
MZ 1-1Unique Engineering -
MC-600
|
6 tons of
refrigeration
|
|||
2
|
Mini central
|
MZ 1-2 Unique Engineering – MC
-600
|
6 tons of
refrigeration
|
|||
3
|
|
Split – upper
|
|
Electra-Elco model NSA
775
|
|
2.08 tons of
refrigeration
|
Taya Center
Ltd.
|
Wintegra
Ltd.
|
|
/s/ signature
illegible
|
/s/ Xxx
Xxxxxx
|
|
/s/ signature
illegible
|
/s/ Xxxx Xxxxxx |
|
Fifth
Addendum to the Unprotected Rental Agreement Dated July 15,
2001
|
Made and executed in Raanana, June 4,
2007
In effect from June 1,
0000
Xxxxxxx
Xxxx Xxxxxx Ltd., Public Co.
00-000000-0
of 00 Xxxxxxxxxxx Xx., Xxxxxxxxxx Zone,
Raanana
Tel: 00-0000000; Fax:
00-0000000
(Hereinafter – “the
Lessor”)
First
Party
And
Wintegra Ltd., Private Co.
00-000000-0
of 00 Xxxxxxxxxxx Xx., Xxxx
Center
Industrial Zone,
Raanana
Tel: 00-0000000, Fax:
00-0000000
(Hereinafter – “the
Lessee”)
Second
Party
Whereas
|
the Lessor and the Lessee are
parties to an unprotected rental agreement dated July 15, 2001, including
its various appendices, and an Addendum to the Agreement dated July 31,
2005, and a Second Addendum dated Feb. 7, 2006, and a Third Addendum to
the Agreement, dated December 28, 2006, and a Fourth Addendum to the
Agreement, dated May 2, 2007, attached to this Addendum and constituting
an integral part thereof (hereinafter, jointly – “the Rental Agreement”);
and
|
Whereas
|
the Lessee is interested in
renting an additional area (as defined below) from the Lessor, all in
accordance with the conditions of the Rental Agreement and of this
Addendum; and
|
Whereas
|
the Parties are interested in
recording these agreements in
writing.
|
Accordingly,
it has been declared, conditioned, and agreed as follows:
Additional
Definitions -
|
In this Fifth Addendum, the
following terms shall have the meaning recorded
alongside:
|
“The Additional
|
Premises”
–
|
Offices with an area of 180.70
sq.m. (one hundred eighty square meters and seventy square centimeters)
situated on the third floor of the Building, defined as a part of Unit
C-2, situated opposite to the Lessee’s offices, on14 Hecharoshet St,
corner of 0-0 Xxxxxxxx Xx. in the Industrial Zone, Raanana (including a
proportional part of the public areas and as stated in Section 2.2 of the
Rental Agreement, the net area of which is marked in red on the diagram
(Appendix “A”) (above and hereinafter – “the Fourth Additional Premises –
Area E”).
|
“The Rental
Period”-
|
The rental Period stipulated in
Section 4 of this Fifth Addendum.
|
1.
|
General
|
|
1.1
|
The Preamble to this Addendum -
including the definitions and declarations included therein - as well as
the appendices attached thereto, constitute an integral part
thereof.
|
|
1.2
|
All terms defined in the Rental
Agreement shall have the meaning attributed thereto therein in this
Addendum, unless these were amended in this Fifth
Addendum.
|
2.
|
Rental
of the Fourth Additional
Premises
|
|
The Lessee hereby rents from the
Lessor the Additional Premises, viz. offices with an area of
180.70 sq.m. (one hundred eighty square meters and seventy
square centimeters) situated on the third floor of the Building, defined
as a part of Unit C-2, situated opposite to the Lessee’s offices, on14
Hecharoshet St, corner of 0-0 Xxxxxxxx Xx. in the Industrial Zone, Raanana
(including a proportional part of the public areas and as stated in
Section 2.2 of the Rental Agreement, the net area of which is marked in
red on the diagram (Appendix
“A”) (above and
hereinafter – “the
Fourth Additional Premises – Area E”).
|
3.
|
Delivery
of Possession; Adaptations to the Premises
–
|
Possession of the Premises shall be
delivered to the Lessee upon signing this Fifth Addendum, As
Is.
4.
|
Rental
Period
|
|
4.1
|
The Lessor hereby lets to the
Lessee, and the Lessee hereby rents from the Lessor, the Additional
Premises - Area E, for a rental period of twenty three (23)
months, commencing on June 1, 2007 and ending on April 30, 2009
(hereinafter – “the Rental Period of the Fourth Additional Premises – Area
E”).
|
|
4.2
|
Notwithstanding the above, the
Parties hereby agree that the Lessee has the option, with prior notice of
six (6) months, to shorten the Updated Rental Period by three (3) months,
through January 31, 2009, or later, or to extend the Updated Rental Period
by a period of up to three (3) months, through July 31, 2009, or less, as
also stated in section 3 to the Fourth Addendum of the
Rental Agreement, dated May 2,
2007.
|
5.
|
Rental
Fee for the Areas of the Premises, and Manner of Payment
Thereof
|
|
5.1
|
The Parties hereby establish that
the Rental Fee that shall be paid by the Lessee to the Lessor for the
rental of the Fourth Additional Premises – Area E for the Rental Period, as stated in
section 4 above,
shall be in the sum of the Rental Fee quoted in section 5 to the Second Addendum of the
Rental Agreement dated 7 February 2006 (including all
sub-sections
thereof) (hereinafter – “the Rental Fee for the Fourth
Additional Premises – Area
E”).
|
|
5.2
|
Notwithstanding the above, it is
hereby agreed between the Parties that the Lessee shall be exempt from
payment of Rental Fees only for this Premises for the period between June
1, 2007 through 31 December,
2007.
|
|
5.3
|
Collection of Rental fees above
plus maintenance fees and all other fees as prescribed in this Fifth
Addendum shall be in accordance with the provisions of sections 6.5 to the Rental Agreement of
July 15, 2001, and the standing order for debiting the Lessee’s account
shall serve for collection of all payments required under the provisions
of this Fifth Addendum as
well.
|
6.
|
Maintenance
Fee / Maintenance Services
Fee
|
|
The maintenance / maintenance
services fee and other payments that shall be made by the Lessee to the
Lessor for the area of the Fourth Additional Premises – Area E, shall be
at the level and in accordance with the calculation of the maintenance /
maintenance services fee per square meter, as stated in
sections 16.1 and
16.2 (regarding maintenance / maintenance services fee), and
section 8.3
(regarding participation toward insurance fees) of the Rental
Agreement.
|
7.
|
Securities
and Guarantees
|
|
The parties hereby agree that the
bank guarantee held by the Lessor shall apply and serve also as security
for the Lessee’s undertakings towards the Lessor, in accordance with the
provisions of this Fifth
Addendum.
|
8.
|
With the exception of the express
content of this Fifth Addendum, there are no amendments or additions or
changes to the Rental Agreement, and all the provisions of the Agreement
shall apply to the Fourth Additional Premises – Area
E, in addition to
this Addendum, with the changes expressly stated therein, and with such
changes as required in accordance with the
matter.
|
Witnessed by
the signing of this Addendum
Taya Center
Ltd.
|
Wintegra
Ltd.
|
|
/s/ signature
illegible
|
/s/ Xxx
Xxxxxx
|
|
/s/ signature
illegible
|
/s/ Xxxx Xxxxxx |
[ SKETCHES]
Appendix B-1 – (Section 3 to the Fifth
Addendum to the Agreement)
Specifications
for Delivery of the Fourth Premises (Area E) to Wintegra
Ltd.
Offices in a gross area of 180.70 sq.m., divided As Is into
–
1.
|
Director’s office; conference
room’ secretary’s desk at the entrance to premises; four (4) open space
stations with plaster walls, for nine (9) work stations ; communications
and computer room, electricity
room;
|
kitchenette – dining room; 2
bathrooms;
2.
|
Carpeting – wall-to-wall carpeting
throughout the Premises, except in the kitchenette/dining room and
bathrooms, which are tiled.
|
3.
|
Ceilings – acoustic ceilings from modular
mineral plates, 60/60 cm, throughout the
Premises.
|
4.
|
Lighting
/ lighting units – 48
sunken light units (louvers) throughout the Premises, including dual
purpose emergency / routine lighting, 6 PL lighting fixtures in the
hallway of the Premises, and 4 PL lighting fixtures in the
bathrooms.
|
5.
|
Doors – Formica doors on the director’s
office, conference room and kitchenette, entrance/exit door double winged
white “Pladelet” door
with “panic handle”
for emergency exit from the
Premises.
|
6.
|
Windows – windows according to the
standard in the building, as currently installed – 50% for “dry keep”
opening, and railings on the windows facing the street, as currently
installed.
|
7.
|
Bathrooms –2 units of man and women’s
bathrooms, including – sink for washing hands, two ventilators in the
bathroom units – all as installed in the
Premises.
|
8.
|
Kitchenette/dining
room – marble
“Keisar” counter serving as table, lower utensils closet and upper
utensils closet, sink, and marble “Keisar” counter between upper and lower
closets.
|
9.
|
Power
and communications facility – communications switchboard
(0.534 x 0.48 sq.m) as currently installed in the
Premises.
|
Electrical
board/closet – electrical
board/closet in the electric room adjacent to the laboratory, including
automatic fire
extinguisher in the
electric room, as currently installed in the Premises.
Alarm
system – wiring for an
alarm system, including detectors, throughout the Premises, as currently
installed in the Premises, not connected to any central call
center.
10.
|
Safety –smoke detectors, in accordance
with the fire department requirements, also connected to the main
coordinator in the Taya Center, as currently
installed.
|
One (1) fire extinguisher and
roller/hose for water for firefighting in laboratory hall, as currently
installed.
11.
|
Two
(2) Air-conditioning units, mini-central, (for heating and
cooling) entire area of the Premises, via
shutters in the acoustic ceilings, with a total capacity of 7.8 tons of
refrigeration, Tadiran brand, and two (2) split air-conditioning units,
with a total capacity of 3.87 tons of refrigeration, Electra-Elco brand,
installed in the conference room and in the work corner at the entrance to
the Premises.
|
12.
|
Vertical blinds on all windows in
the Premises, as currently
installed.
|
13.
|
Water meter to be transferred to
the name of the Lessee, installed by the local authority, for measuring
water consumption at the
Premises.
|
14.
|
Secondary-meter for measure
electricity consumption at the Premises, installed by the
Lessor.
|
Taya Center
Ltd.
|
Wintegra
Ltd.
|
|
/s/ signature
illegible
|
/s/ Xxx
Xxxxxx
|
|
/s/ signature
illegible
|
/s/ Xxxx Xxxxxx |
Sixth
Addendum to
Rental Agreement
Made and executed in Ramat Gan, August 3, 2008
Between
|
Sela
Capital Properties Ltd. Public Co.
00-0000000
|
of 7 Jabotinsky St., Ramat
Gan
(Hereinafter – “the
Lessor”)
First Party
And
|
Wintegra Ltd.,
Private Co.
00-000000-0
|
of 0 Xxxxxxxx Xx., Xxxx Xxxxxx
Tel: 00-0000000, Fax:
00-0000000
(Hereinafter – “the
Lessee”)
Second Party
Whereas
|
the Lessor is the owner of
leasehold right in the building known as block 8981 parcels 17, 18, 19,
24, located at 00-00 Xxxxxxxxxxx Xx., Xxxxxxxxxx Xxxx Raanana
(hereinafter: “the Building”, including, inter
alia, all areas rented to the Lessee under the Rental Agreement dated July
15, 2001, and all addendums to this Rental Agreement, First Addendum
through Fifth Addendum, signed between the Taya Company and the Lessee
(hereinafter: the “Premises”);
and
|
Whereas
|
The Lessee purchased the Building from the Taya Center
Company Ltd., which had been the previous owners of the Building
(hereinafter: “Taya”), which had rented the Premises to the Lessee under
unprotected rental agreements dated July 15, 2001 and the
addenda to the Rental Agreement (hereinafter: the Rental Agreement). The
Rental Agreement and all appendices thereto are attached to this Agreement
as an integral part of the Addenda;
and
|
Whereas
|
Taya’s rights vis-à-vis the Lessee
were fully assigned to the Lessor;
and
|
Whereas
|
the Rental Period under the Fourth
Addendum to the Rental Agreement, including the option period, will end on
July 31, 2009; and
|
Whereas
|
the Lessee desires to continue to
rent the Premises from the Lessor for an additional period as set forth
below in this Sixth Addendum to the Rental
Agreement.
|
Accordingly,
the Parties
have declared,
provided, and agreed
as follows:
1.
|
The Preamble to this
Addendum is one with the Addendum and
constitutes an integral part
thereof.
|
2.
|
The Rental Agreement dated July
15, 2001 and all addenda signed between Taya and the Lessee including all
conditions and clauses mutatis mutandis, including changes in the name of
the Lessor, are hereby extended for an additional period as set forth
below, with the exception of the conditions set forth
below.
|
The terms of this Agreement, subject to
the required changes and/or changes contained herein, shall also apply during
the option period named below.
3.
|
In place of the Rental Period
appearing in the Rental Agreement, the Lessor hereby rents the Premises to
the Lessee, and the Lessee hereby rents the Premises from the Lessor, for
a period ending on July 15, 2009 (hereinafter: the “Additional Period”).
The Lessee is also given the option to continue and extend the rental for
an additional 4 month period from July 15, 2009 until November 15, 2009
(hereinafter: the “Option
Period”).
|
4.
|
With the exception of the express
content of this Sixth Addendum, there are no changes to the terms of the
Rental Agreement, and all the provisions of the Rental Agreement,
including all five addenda, shall apply, including in the matter of level
of Rental Fees, times of payment and manner of linkage for all Premises,
with the changes explicitly noted including changes in this Sixth
Addendum, and with the changes required, as the case may
be.
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5.
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A.
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The Lessee undertakes by
fundamental undertaking to renew the bank guarantee given as a security
for the Rental Agreement, to remain in effect for the Additional Rental
Period and for the Option Period named in section 3 to the Sixth Addendum
above (if realized), and with an additional 3 months from the end of the
Option Period (if realized). The Lessee must deliver the new bank
guarantee by June 1,
2009.
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B.
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Should the Lessee breach any of
its undertakings contained in the Rental Agreement and/or in any of the
addenda to the Rental Agreement, the Lessor may use the bank guarantee for
payment of any money due to the Lessor under the Rental Agreement and/or
under any of the addenda to the Rental
Agreement.
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6.
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If the Lessee does not wish to
realize the option offered in section 3 above and/or wishes to realize the
option for shorter than 4 month period, it must notify the Lessor in
writing that it does not wish to realize the option or that it will
realize the option for shorter than the 3 month period. If by January 15,
2009 no such notice has been received from the Lessee, rental shall be
automatically renewed until Nov. 15,
2009.
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7.
|
The addresses of the Parties for
purposes of this Addendum are as appear above, in the preamble to the
Addendum, and any notice sent by one party to the other according to the
aforesaid addresses shall be deemed having been delivered at the end of 48
hours after delivery to a post office, and if hand delivered, at the time
of actual delivery.
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In Witness
Whereof the Parties Hereby Set Their Hands
Sela Capital Properties
Ltd.
|
Wintegra
Ltd.
|
|
/s/ Xxxxxx
Xxxx
|
/s/ Jacob (Kobi)
Xxx-Xxx
|
|
/s/ signature
illegible
|
/s/ Xxxx Xxxxxx | |
The Lessor | The Lessee |
Seventh
Addendum to
Rental Agreement
Made and
executed in Ramat Gan, July 26, 2009
Between
|
Sela
Capital Properties Ltd. Public Co.
00-0000000
|
of 7 Jabotinsky St., Ramat
Gan
(Hereinafter – “the
Lessor”)
First Party
And
|
Wintegra Ltd.,
Private Co.
00-000000-0
|
of 0 Xxxxxxxx Xx., Xxxx Xxxxxx
Tel: 00-0000000, Fax:
00-0000000
(Hereinafter – “the
Lessee”)
Second Party
Whereas
|
the Lessor is the owner of
leasehold right in the building known as block 8981 parcels 17, 18, 19,
24, located at 00-00 Xxxxxxxxxxx Xx., Xxxxxxxxxx Xxxx Raanana
(hereinafter: “the Building”, including, inter alia, all areas rented to
the Lessee under the Rental Agreement dated July 15, 2001, and all
addendums to this Rental Agreement , First Addendum through Fifth
Addendum, signed between the Taya Company and the Lessee (hereinafter: the
“Premises”); and
|
Whereas
|
The Lessee purchased the Building from the Taya Center
Company Ltd., which had been the previous owners of the Building
(hereinafter: “Taya”), which had rented the Premises to the Lessee under
unprotected rental agreements dated July 15, 2001 and the
addenda to the Rental Agreement (hereinafter: the Rental Agreement). The
Rental Agreement and all appendices thereto are attached to this Agreement
as an integral part of the Addenda;
and
|
Whereas
|
Taya’s rights vis-à-vis the Lessee
were fully assigned to the Lessor;
and
|
Whereas
|
the Rental Period under the Sixth
Addendum to the Rental Agreement, including the option period, will end on
September 30, 2009; and
|
Whereas
|
the Lessee desires to continue to
rent the Premises from the Lessor for an additional period as set forth
below in this Seventh Addendum to the Rental
Agreement.
|
Accordingly,
the Parties
have declared,
provided, and agreed
as follows:
8.
|
The Preamble to this
Addendum is one with the Addendum and
constitutes an integral part
thereof.
|
9.
|
The Rental Agreement dated July
15, 2001 and all addenda signed between the Parties (including between
Taya and the Lessee) including all conditions and clauses mutatis
mutandis, including changes in the name of the Lessor, are hereby extended
for an additional period as set forth below, with the exception of the
conditions set forth
below.
|
The terms of this Agreement, subject to
the required changes and/or changes contained herein shall also apply during the
option period named below.
10.
|
In place of the Rental Period
appearing in the Sixth Addendum, the Lessor hereby rents the Premises to
the Lessee, and the Lessee hereby rents the Premises from the Lessor, for
a period ending on December 31, 2009 (hereinafter: the “Additional
Period”). The Lessee is also given the option to continue and extend the
rental for an additional 3 month period from December 31, 2009 until March
31, 2010 (hereinafter: the “Option
Period”).
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11.
|
With the exception of the express
content of this Seventh Addendum, there are no changes to the terms of the
Rental Agreement, and all the provisions of the Rental Agreement,
including all six addenda, shall apply, including in the matter of level
of Rental Fees, times of payment and manner of linkage for all Premises,
with the changes explicitly noted including changes in this Seventh
Addendum, and with the changes required, as the case may
be.
|
12.
|
A.
|
The Lessee undertakes by
fundamental undertaking to renew the bank guarantee given as a security
for the Rental Agreement, to remain in effect for the Additional Rental
Period and for the Option Period named in section 3 to the Seventh
Addendum above (if realized), and with an additional 3 months from the end
of the Option Period (if
realized).
|
|
B.
|
Should the Lessee breach any of
its undertakings contained in the Rental Agreement and/or in any of the
addenda to the Rental Agreement, the Lessor may use the bank guarantee for
payment of any money due to the Lessor under the Rental Agreement and/or
under any of the addenda to the Rental
Agreement.
|
13.
|
If the Lessee does not wish to
realize the option offered in section 3 above and/or wishes to realize the
option for shorter than the 3 month period, it must notify the Lessor in
writing that it does not wish to realize the option or that it will
realize the option for shorter than the 3 month period. If by Nov. 15,
2009 no such notice has been received from the Lessee, rental shall be
automatically renewed until March 31,
2010.
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14.
|
It is hereby agareed that the
Lessor has the option to demand that the Lessee vacate the Premises (all
of any part thereof, at the Lessor’s discretion) and bring the Rental
Period to an end during the entire Additional Period, including during the
Option Period, with 60 days’
notice.
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15.
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The addresses of the Parties for
purposes of this Addendum are as appear above, in the preamble to the
Addendum, and any notice sent by one party to the other according to the
aforesaid addresses shall be deemed having been delivered at the end of 48
hours after delivery to a post office, and if hand delivered, at the time
of actual delivery.
|
In Witness
Whereof the Parties Hereby Set Their Hands
Sela Capital Properties
Ltd.
|
Wintegra
Ltd.
|
|
/s/ Xxxxxx
Xxxx
|
/s/ Jacob (Kobi)
Xxx-Xxx
|
|
The
Lessee
|
||
/s/
signature illegible
|
||
The Lessor
|
|
Eighth
Addendum to
Rental Agreement
Made and executed in Ramat Gan, Sept. 30, 2009
Between
|
Sela
Capital Properties Ltd. Public Co.
00-0000000
|
of 7 Jabotinsky St., Ramat
Gan
(Hereinafter – “the
Lessor”)
First Party
And
|
Wintegra Ltd.,
Private Co.
00-000000-0
|
of 0 Xxxxxxxx Xx., Xxxx Xxxxxx
Tel: 00-0000000, Fax:
00-0000000
(Hereinafter – “the
Lessee”)
Second Party
Whereas
|
the Lessor is the owner of
leasehold right in the building known as block 8981 parcels 17, 18, 19,
24, located at 00-00 Xxxxxxxxxxx Xx., Xxxxxxxxxx Xxxx Raanana
(hereinafter: “the Building”, including, inter alia, all areas rented to
the Lessee under the Rental Agreement dated July 15, 2001, and all
addendums to this Rental Agreement , First Addendum through Fifth
Addendum, signed between the Taya Company and the Lessee (hereinafter: the
“Premises”); an d
|
Whereas
|
The Lessee purchased the Building from the Taya Center
Company Ltd., which had been the previous owners of the Building
(hereinafter: “Taya”), which had rented the Premises to the Lessee under
unprotected rental agreements dated July 15, 2001 and the
addenda to the Rental Agreement (hereinafter: the Rental Agreement). The
Rental Agreement and all appendices thereto are attached to this Agreement
as an integral part of the Addenda;
and
|
Whereas
|
Taya’s rights vis-à-vis the Lessee
were fully assigned to the Lessor;
and
|
Whereas
|
the Rental Period under the Sixth
Addendum to the Rental Agreement, including the option period, will end on
December 31, 2009; and
|
Whereas
|
the Lessee desires to continue to
rent the Premises from the Lessor for an additional period as set forth
below in this Eighth Addendum to the Rental
Agreement.
|
Accordingly,
the Parties
have declared,
provided, and agreed
as follows:
16.
|
The Preamble to this
Addendum is one with the Addendum and
constitutes an integral part
thereof.
|
17.
|
The Rental Agreement dated July
15, 2001 and all addenda signed between Taya and the Lessee including all
conditions and clauses mutatis mutandis, including changes in the name of
the Lessor, are hereby extended for an additional period as set forth
below, with the exception of the conditions set forth
below.
|
The terms of this Agreement, subject to
the required changes and/or changes contained herein shall also apply during the
option period named below.
18.
|
In place of the Rental Period
appearing in the Rental Agreement, the Lessor hereby rents the Premises to
the Lessee, and the Lessee hereby rents the Premises from the Lessor, for
an additional period of 24 months starting on January 1, 2010 through
December 31, 2011 (hereinafter: the “Additional Period”). The Lessee is
also given the option to continue and extend the rental for an additional
12 month period from January 1, 2012 until December 31, 2012 (hereinafter:
the “Option Period”).
|
19.
|
With the exception of the express
content of this Eighth Addendum, there are no changes to the terms of the
Rental Agreement, and all the provisions of the Rental Agreement,
including all eight addenda, shall apply, including in the matter of level
of Rental Fees noted in this Eighth Addendum, and with the changes
required, as the case may
be.
|
20.
|
A.
|
The Lessee undertakes by
fundamental undertaking to renew the bank guarantee given as a security
for the Rental Agreement, to remain in effect for the Additional Rental
Period and for the Option Period named in section 3 to the Eighth Addendum
above (if realized). The Lessee must deliver the new bank guarantee by
Dec. 1, 2009.
|
|
B.
|
Should the Lessee breach any of
its undertakings contained in the Rental Agreement and/or in any of the
addenda to the Rental Agreement, the Lessor may use the bank guarantee for
payment of any money due to the Lessor under the Rental Agreement and/or
under any of the addenda to the Rental
Agreement.
|
21.
|
If the Lessee does not wish to
realize the option offered in section 3 above, it must notify the Lessor
in writing that it does not wish to realize the option by April 1, 2011.
If by April 1, 2011 no such notice has
been received from the Lessee, rental shall be automatically renewed until
Dec. 31, 2012.
|
22.
|
Starting on October 1, 2010 and
through until December 31, 2011, Rental Fees and Management and Parking
Fees shall be as follows:
|
7.1
|
Rental Fees for
each gross meter shall be set at NIS 45 per
month.
|
7.1.1
|
Management Fees
for each gross meter shall be set at NIS 12 per
month.
|
7.1.2
|
Parking Fees for
each parking spot shall be set at NIS 275 per
month.
|
7.2
|
All the above sums shall have VAT
added and shall be linked to the consumer price index (hereinafter: “the
Index”), under linkage conditions as set out in the Rental Agreement.
These sums shall be linked to the Index as published on Aug. 15, 2009,
which stands at 104.5 points. The Parties agree that the rise in the index
in August 2009, indicated by the Index to be published on Sept. 15, 2009,
will be calculated by half and not in full, for purposes of calculating
linkage for all future
payments.
|
7.3
|
Rental Fees and Parking Fees for
the Option Period under section 3 of this Addendum, viz for the period
from Jan. 1, 2012 until Dec. 31, 2012 shall be determined by an authorized
assessor, chairman of the Assessors’ Association, whose determination
shall be final and binding for both Parties. The assessor will give his
opinion by no later than March 10, 2011. The cost of the Assessor’s expert
opinion will be divided equally between the two
Parties.
|
23.
|
The Lessor will repair the
air-conditioning system at its own expense, including leaks, if any. The
Lessee will alone bear all other costs of improvements and repairs it
decides to perform at the Premises, including painting of the Premises,
changing the flooring, electricity systems, kitchen, bathrooms
etc.
|
24.
|
If the Lessee is ordered by final
judgment or settlement agreement to pay compensation for cancellation of
the Rental Agreement in the building located at 0X Xxxxx Xx., Raanana,
with the Ahuzat Gush 7656 Parcels no. 31 and 32 Company Ltd., after
conducting legal processes at the court or mediation or arbitration, and
as a result, a final judgment is handed down or a settlement agreement
signed, and should the obligation imposed upon the Lessee exceed the rate
of 9 (nine) months rental (including parking) as the Lessee has undertaken
to pay in the rental agreement for the building located at 0X Xxxxx Xx.,
Raanana, with the Ahuzat Gush 7656 Parcels
no. 31 and 32 Company Ltd., and as against issue of an invoice from the
Ahuzat Gush 7656 Parcels no. 31 - 32 Company Ltd., and if the compensation
at the above amount is in fact paid to the company, the Lessor will excuse
the Lessee from payment of Rental Fees and Parking Fees for the last 3
months of the Option Period, and if the Lessee does not exercise the
Option Period set forth in section 3 above, the Lessor will excuse the
Lessee from paying Rental Fees and Parking Fees for the last 2 months of
the Rental Period. If a final judgment is passed down or a settlement
agreement signed after conclusion of the Rental Period, the Lessor will
pay the Lessee the relevant amounts in cash, upon first demand to do so
(therefore – if the Option was exercised, an amount equivalent to 3 months
Rental Fees and Parking Fees; if not exercised, a sum equivalent to 2
months’).
|
25.
|
To remove any doubt, it is hereby
clarified that:
|
|
10.1
|
Upon signing the
Eighth Addendum, section 7 of the Seventh Addendum shall be
cancelled.
|
10.2
|
Notwithstanding that stated in the
Rental Agreement, the Lessor shall not have the right to demand removal or
elimination of any work or additions performed or in future performed with
the Lessor’s approval, and the Lessor shall not be obligated to make any
payment for any work or addition remaining after the Lessee has
left.
|
26.
|
The addresses of the Parties for
purposes of this Addendum are as appear above, in the preamble to the
Addendum, and any notice sent by one party to the other according to the
aforesaid addresses shall be deemed having been delivered at the end of 48
hours after delivery to a post office, and if hand delivered, at the time
of actual delivery.
|
In Witness
Whereof the Parties Hereby Set Their Hands
Sela Capital Properties
Ltd.
|
Wintegra
Ltd.
|
|
/s/ Xxxxxx
Xxxx
|
/s/ Jacob (Kobi)
Xxx-Xxx
|
|
/s/
signature illegible
|
/s/ Xxxx Xxxxxx | |
The Lessor
|
The
Lessee
|