Centura Software Corporation,
a California corporation
By:
Name:
Title:
By:
Name:
Title:
THIS PAGE IS REQUIRED IF
PROPERTY IS IN WASHINGTON STATE
LANDLORD ACKNOWLEDGMENTS
STATE OF )
COUNTY OF ) ss:
I, the undersigned, a Notary Public, in and for the County
and State aforesaid, do hereby certify that _________________________,
personally known to me to be the __________ President of Equity Office
Properties Trust, a Maryland REIT, and personally known to me to be the same
person whose name is subscribed to the foregoing instrument, appeared before me
this day in person and acknowledged that as such officer of said entity being
authorized so to do, (s)he executed the foregoing instrument on behalf of said
entity, by subscribing the name of such entity by himself/herself as such
officer, as a free and voluntary act, and as the free and voluntary act and deed
of said entity under the foregoing instrument for the uses and purposes therein
set forth.
GIVEN under my hand and official seal this ____ day of
_________, 19__.
Notary Public
Printed Name
Residing at:
My Commission Expires:
TENANT ACKNOWLEDGMENT
Corporation
STATE OF )
COUNTY OF ) ss:
On this the ____ day of __________, 19__, before me a Notary
Public duly authorized in and for the said County in the State aforesaid to take
acknowledgments personally appeared ____________________and
_________________________ known to me to be the _______________ President and
___________________, respectively, of _______________________________, one of
the parties described in the foregoing instrument, and acknowledged that as such
officer, being authorized so to do, (s)he executed the foregoing instrument on
behalf of said corporation by subscribing the name of such corporation by
himself/herself as such officer and caused the corporate seal of said
corporation to be affixed thereto, as a free and voluntary act, and as the free
and voluntary act of said corporation, for the uses and purposes therein set
forth.
IN WITNESS WHEREOF, I hereunto set my hand and official
seal.
Notary Public
Printed Name
Residing at:
My Commission Expires:
EXHIBIT A
PREMISES
This Exhibit is attached to and made a part of the Lease
dated as of , , by and between EOP-Northwest
Properties, L.L.C., a Delaware limited liability company ("Landlord") and
Centura Software Corporation, a California corporation ("Tenant") for
space in the Building located at 0000 Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx,
00000.
EXHIBIT A-2
LEGAL DESCRIPTION OF PROPERTY
This Exhibit is attached to and made a part of the Lease
dated as of , , by and between EOP-Northwest
Properties, L.L.C., a Delaware limited liability company ("Landlord") and
Centura Software Corporation, a California corporation ("Tenant") for
space in the Building located at 0000 Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx,
00000.
Xxxx 0, 0, 0 xxx 0; Xxxxx 00, X.X. Xxxxx'x Addition, City of
Seattle, King County, State of Washington.
EXHIBIT A-3
DEFERRED SPACE
This Exhibit is attached to and made a part of the Lease
dated as of , , by and between EOP Northwest
Properties, L.L.C., a Delaware limited liability company ("Landlord") and
Centura Software Corporation, a California corporation ("Tenant") for
space in the Building located at 0000 Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx,
00000.
(Insert floor plate showing Deferred Space : 1,698 RSF of
suite #2860)
EXHIBIT B
BUILDING RULES AND REGULATIONS
The following rules and regulations shall apply, where
applicable, to the Premises, the Building, the parking garage (if any), the
Property and the appurtenances. Capitalized terms have the same meaning as
defined in the Lease.
1. Sidewalks, doorways, vestibules, halls, stairways and
other similar areas shall not be obstructed by Tenant or used by Tenant for any
purpose other than ingress and egress to and from the Premises. No rubbish,
litter, trash, or material shall be placed, emptied, or thrown in those areas.
At no time shall Tenant permit Tenant's employees to loiter in Common Areas or
elsewhere about the Building or Property.
2. Plumbing fixtures and appliances shall be used only for
the purposes for which designed, and no sweepings, rubbish, rags or other
unsuitable material shall be thrown or placed in the fixtures or appliances.
Damage resulting to fixtures or appliances by Tenant, its agents, employees or
invitees, shall be paid for by Tenant, and Landlord shall not be responsible for
the damage.
3. No signs, advertisements or notices shall be painted or
affixed to windows, doors or other parts of the Building, except those of such
color, size, style and in such places as are first approved in writing by
Landlord. All tenant identification and suite numbers at the entrance to the
Premises shall be installed by Landlord, at Tenant's cost and expense, using the
standard graphics for the Building. Except in connection with the hanging of
lightweight pictures and wall decorations, no nails, hooks or screws shall be
inserted into any part of the Premises or Building except by the Building
maintenance personnel.
4. Landlord may provide and maintain in the first floor
(main lobby) of the Building an alphabetical directory board or other directory
device listing tenants, and no other directory shall be permitted unless
previously consented to by Landlord in writing.
5. Tenant shall not place any lock(s) on any door in the
Premises or Building without Landlord's prior written consent and Landlord shall
have the right to retain at all times and to use keys to all locks within and
into the Premises. A reasonable number of keys to the locks on the entry doors
in the Premises shall be furnished by Landlord to Tenant at Tenant's cost, and
Tenant shall not make any duplicate keys. All keys shall be returned to
Landlord at the expiration or early termination of this Lease.
6. All contractors, contractor's representatives and
installation technicians performing work in the Building shall be subject to
Landlord's prior approval and shall be required to comply with Landlord's
standard rules, regulations, policies and procedures, which may be revised from
time to time.
7. Movement in or out of the Building of furniture or
office equipment, or dispatch or receipt by Tenant of merchandise or materials
requiring the use of elevators, stairways, lobby areas or loading dock areas,
shall be restricted to hours designated by Landlord. Tenant shall obtain
Landlord's prior approval by providing a detailed listing of the activity. If
approved by Landlord, the activity shall be under the supervision of Landlord
and performed in the manner required by Landlord. Tenant shall assume all risk
for damage to articles moved and injury to any persons resulting from the
activity. If equipment, property, or personnel of Landlord or of any other
party is damaged or injured as a result of or in connection with the activity,
Tenant shall be solely liable for any resulting damage or loss.
8. Landlord shall have the right to approve the weight,
size, or location of heavy equipment or articles in and about the Premises.
Damage to the Building by the installation, maintenance, operation, existence or
removal of property of Tenant shall be repaired at Tenant's sole expense.
9. Corridor doors, when not in use, shall be kept
closed.
10. Tenant shall not: (1) make or permit any
improper, objectionable or unpleasant noises or odors in the Building, or
otherwise interfere in any way with other tenants or persons having business
with them; (2) solicit business or distribute, or cause to be distributed,
in any portion of the Building, handbills, promotional materials or other
advertising; or (3) conduct or permit other activities in the Building that
might, in Landlord's sole opinion, constitute a nuisance.
11. No animals, except those assisting handicapped
persons, shall be brought into the Building or kept in or about the
Premises.
12. No inflammable, explosive or dangerous fluids or
substances shall be used or kept by Tenant in the Premises, Building or about
the Property. Tenant shall not, without Landlord's prior written consent, use,
store, install, spill, remove, release or dispose of, within or about the
Premises or any other portion of the Property, any asbestos-containing materials
or any solid, liquid or gaseous material now or subsequently considered toxic or
hazardous under the provisions of 42 U.S.C. Section 9601 et seq. or any
other applicable environmental Law which may now or later be in effect. Tenant
shall comply with all Laws pertaining to and governing the use of these
materials by Tenant, and shall remain solely liable for the costs of abatement
and removal.
13. Tenant shall not use or occupy the Premises in any
manner or for any purpose which might injure the reputation or impair the
present or future value of the Premises or the Building. Tenant shall not use,
or permit any part of the Premises to be used, for lodging, sleeping or for any
illegal purpose.
14. Tenant shall not take any action which would violate
Landlord's labor contracts or which would cause a work stoppage, picketing,
labor disruption or dispute, or interfere with Landlord's or any other tenant's
or occupant's business or with the rights and privileges of any person lawfully
in the Building ("Labor Disruption"). Tenant shall take the actions
necessary to resolve the Labor Disruption, and shall have pickets removed and,
at the request of Landlord, immediately terminate any work in the Premises that
gave rise to the Labor Disruption, until Landlord gives its written consent for
the work to resume. Tenant shall have no claim for damages against Landlord or
any of the Landlord Related Parties, nor shall the date of the commencement of
the Term be extended as a result of the above actions.
15. Tenant shall not install, operate or maintain in the
Premises or in any other area of the Building, electrical equipment that would
overload the electrical system beyond its capacity for proper, efficient and
safe operation as determined solely by Landlord. Tenant shall not furnish
cooling or heating to the Premises, including, without limitation, the use of
electronic or gas heating devices, without Landlord's prior written consent.
Tenant shall not use more than its proportionate share of telephone lines and
other telecommunication facilities available to service the Building.
16. Tenant shall not operate or permit to be operated a
coin or token operated vending machine or similar device (including, without
limitation, telephones, lockers, toilets, scales, amusement devices and machines
for sale of beverages, foods, candy, cigarettes and other goods), except for
machines for the exclusive use of Tenant's employees, and then only if the
operation does not violate the lease of any other tenant in the Building.
17. Bicycles and other vehicles are not permitted inside
the Building or on the walkways outside the Building, except in areas designated
by Landlord.
18. Landlord may from time to time adopt systems and
procedures for the security and safety of the Building, its occupants, entry,
use and contents. Tenant, its agents, employees, contractors, guests and
invitees shall comply with Landlord's systems and procedures.
19. Landlord shall have the right to prohibit the use of
the name of the Building or any other publicity by Tenant that in Landlord's
sole opinion may impair the reputation of the Building or its desirability.
Upon written notice from Landlord, Tenant shall refrain from and discontinue
such publicity immediately.
20. Tenant shall not canvass, solicit or peddle in or
about the Building or the Property.
21. Neither Tenant nor its agents, employees, contractors,
guests or invitees shall smoke or permit smoking in the Common Areas, unless the
Common Areas have been declared a designated smoking area by Landlord, nor shall
the above parties allow smoke from the Premises to emanate into the Common Areas
or any other part of the Building. Landlord shall have the right to designate
the Building (including the Premises) as a non-smoking building.
22. Landlord shall have the right to designate and approve
standard window coverings for the Premises and to establish rules to assure that
the Building presents a uniform exterior appearance. Tenant shall ensure, to
the extent reasonably practicable, that window coverings are closed on windows
in the Premises while they are exposed to the direct rays of the sun.
23. Deliveries to and from the Premises shall be made only
at the times, in the areas and through the entrances and exits designated by
Landlord. Tenant shall not make deliveries to or from the Premises in a manner
that might interfere with the use by any other tenant of its premises or of the
Common Areas, any pedestrian use, or any use which is inconsistent with good
business practice.
24. The work of cleaning personnel shall not be hindered
by Tenant after 5:30 p.m., and cleaning work may be done at any time when the
offices are vacant. Windows, doors and fixtures may be cleaned at any time.
Tenant shall provide adequate waste and rubbish receptacles to prevent
unreasonable hardship to the cleaning service.
EXHIBIT C
COMMENCEMENT LETTER
(Intentionally omitted)
EXHIBIT D
WORK LETTER - DEFFERRED SPACE
This Exhibit is attached to and made a part of the Lease
dated as of , , by and between EOP-Northwest
Properties, L.L.C., a Delaware limited liability company ("Landlord") and
Centura Software Corporation, a California corporation ("Tenant") for
space in the Building located at 0000 Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx,
00000.
1. This Work Letter shall set forth the obligations of
Landlord and Tenant with respect to the preparation of the Deferred Space for
Tenant's occupancy. All improvements described in this Work Letter to be
constructed in and upon the Deferred Space by Landlord are hereinafter referred
to as the "Landlord Work." It is agreed that construction of the Landlord Work
will be completed at Tenant's sole cost and expense, subject to the Allowance
(as defined below). Landlord shall enter into a direct contract for the
Landlord Work with a general contractor selected by Landlord. In addition,
Landlord shall have the right to select and/or approve of any subcontractors
used in connection with the Landlord Work. Landlord shall obtain three (3) bids
from licensed contractors for the Landlord Work and select the lowest (unless
otherwise agreed by Tenant).
2. Space planning, architectural and engineering
(mechanical, electrical and plumbing) drawings for the Landlord Work shall be
prepared by Landlord's architect at Tenant's sole cost and expense,
subject to the Deferred Space Allowance (defined in Exhibit E, Section III.B).
The fees charged by the Landlord's architect shall not be materially greater
than fees charged by other licensed architects providing similar services in the
vicinity of the Building. The space planning, architectural and mechanical
drawings are collectively referred to herein as the "Plans".
3. Tenant shall furnish any requested information and
approve or disapprove any preliminary or final layout, drawings, or plans within
two (2) Business Days after written request. The initial plans shall be
submitted to Tenant no later than 85 days prior to the Plans Due Date (as
defined below). Any disapproval shall be in writing and shall specifically set
forth the reasons for such disapproval. Tenant and Tenant's architect, if any,
shall devote such time in consultation with Landlord and Landlord's architect
and/or engineer as may be required to provide all information Landlord deems
necessary in order to enable Landlord's architect and engineer to complete, and
obtain Tenant's written approval of, the Plans for the Landlord Work by not
later than 5:00 p.m. on the date which is at least seventy-five (75) days prior
to the Deferred Space Commencement Date (the "Plans Due Date"). In the event
that Tenant fails to approve the Plans by the Plans Due Date, Tenant shall be
responsible for one (1) day of Delay (as defined in the Lease) for each day
during the period beginning on the day following the Plans Due Date and ending
on the date Tenant approves the Plans.
4. In the event Landlord's estimate and/or the actual cost
of construction shall exceed the Deferred Space Allowance, Landlord, prior to
commencing any construction of Landlord Work, shall submit to Tenant a written
estimate setting forth the anticipated cost of the Landlord Work, including but
not limited to labor and materials, contractor's fees and permit fees. Within
three (3) Business Days thereafter, Tenant shall either notify Landlord in
writing of its approval of the cost estimate, or specify its objections thereto
and any desired changes to the proposed Landlord Work. In the event Tenant
notifies Landlord of such objections and desired changes, Tenant shall work with
Landlord to reach a mutually acceptable alternative cost estimate.
5. In the event Landlord's estimate and/or the actual cost
of construction shall exceed the Deferred Space Allowance, if any (such amounts
exceeding the Deferred Space Allowance being herein referred to as the "Excess
Costs"), Tenant shall pay to Landlord such Excess Costs within five (5) days
after written demand. The statements of costs submitted to Landlord by
Landlord's contractors shall be conclusive for purposes of determining the
actual cost of the items described therein. The amounts payable hereunder
constitute Rent payable pursuant to the Lease, and the failure to timely pay
same constitutes an event of default under the Lease. If during the course of
construction the construction costs are reasonably anticipated to exceed the
approved cost estimate by five percent (5%) or more, Landlord shall notify
Tenant and Tenant shall either accept the increase or shall promptly work with
Landlord's architect to reduce the Excess Costs. Such changes in the Landlord's
Work shall be subject to the provisions of Paragraph 6 below.
6. If Tenant shall request any change, addition or
alteration in any of the Plans after approval by Landlord, Landlord shall have
such revisions to the drawings prepared, and Tenant shall reimburse Landlord for
the cost thereof upon demand. Promptly upon completion of the revisions,
Landlord shall notify Tenant in writing of the increased cost which will be
chargeable to Tenant by reason of such change, addition or deletion. Tenant,
within one (1) Business Day, shall notify Landlord in writing whether it desires
to proceed with such change, addition or deletion. In the absence of such
written authorization, Landlord shall have the option to continue work on the
Premises disregarding the requested change, addition or alteration, or Landlord
may elect to discontinue work on the Deferred Space until it receives notice of
Tenant's decision, in which event Tenant shall be responsible for any Delay in
completion of the Deferred Space resulting therefrom. In the event such
revisions result in a higher estimate of the cost of construction and/or higher
actual construction costs which exceed the Deferred Space Allowance, such
increased estimate or costs shall be deemed Excess Costs pursuant to Paragraph 5
hereof and Tenant shall pay such Excess Costs within five (5) days after written
demand.
7. Following approval of the Plans and the payment by
Tenant of the required portion of the Excess Costs, if any, Landlord shall cause
the Landlord Work to be constructed substantially in accordance with the
approved Plans. Landlord shall notify Tenant of substantial completion of the
Landlord Work.
8. Landlord, provided Tenant is not in default, agrees to
provide Tenant with an allowance (the "Allowance") in an amount not to exceed
Forty-Four Thousand Seven Hundred and No/100 Dollars ($44,700.00) (i.e., $30.00
per usable square foot of the Deferred Space) to be applied toward the cost of
the Landlord Work in the Deferred Space. In the event the Deferred Space
Allowance shall not be sufficient to complete the Landlord Work, Tenant shall
pay the Excess Costs as prescribed in paragraph 5 above. In the event the
Deferred Space Allowance exceeds the cost of Landlord Work, any remaining
Deferred Space Allowance shall accrue to the sole benefit of Landlord, it being
agreed that Tenant shall not be entitled to any credit, offset, abatement or
payment with respect thereto. Landlord shall be entitled to deduct from the
Deferred Space Allowance a construction management fee for Landlord's oversight
of the Landlord Work in an amount equal to ten percent (10%) of the total cost
of the Landlord Work.
9. This Exhibit D shall not be deemed applicable to any
additional space added to the original Premises (other than the Deferred Space)
at any time or from time to time, whether by any options under the Lease or
otherwise, or to any portion of the original Premises or any additions to the
Premises in the event of a renewal or extension of the original Term of this
Lease, whether by any options under the Lease or otherwise, unless expressly so
provided in the Lease or any amendment or supplement to the Lease.
IN WITNESS WHEREOF, Landlord and Tenant have entered into
this Exhibit as of the date first written above.
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LANDLORD:
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EOP-Northwest Properties,
L.L.C., a Delaware limited liability company
By: EOP-Operating Limited Partnership, a Delaware
limited partnership, its sole member
By: Equity Office Properties Trust, a Maryland real estate
investment trust, its managing general partner
By:
Name:
Title:
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TENANT:
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Centura Software Corporation,
a California corporation
By:
Name:
Title:
By:
Name:
Title:
EXHIBIT E
ADDITIONAL PROVISIONS
This Exhibit is attached to and made a part of the Lease
dated as of , , by and between EOP-Northwest
Properties, L.L.C., a Delaware limited liability company ("Landlord") and
Centura Software Corporation, a California corporation ("Tenant") for
space in the Building located at 0000 Xxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx,
00000.
I. Parking.
A. During the initial Term, Landlord shall lease to
Tenant, or cause the operator (the "Operator") of the garage servicing
the Building (the "Garage") to lease to Tenant, and Tenant shall have
the right to lease from Landlord or such Operator, up to a maximum of 12
unreserved parking spaces in, or on the roof of, the Garage (the
"Spaces") for the use of Tenant and its employees. The Spaces shall
be leased at the rate of $230.00 per Space, per month, plus applicable tax
thereon, as such rate may be adjusted from time-to-time to reflect the then
current rate for parking in the Garage. If requested by Landlord, Tenant shall
execute and deliver to Landlord the standard parking agreement used by Landlord
or the Operator (the "Parking Agreement") in the Garage for such
Spaces. In the event of any conflict between this Exhibit E, Section I and the
Parking Agreement, the terms of this Exhibit E, Section I shall prevail.
B. No deductions or allowances shall be made for days when
Tenant or any of its employees does not utilize the parking facilities or for
Tenant utilizing less than all of the Spaces. Tenant shall not have the right
to lease or otherwise use more than the number of reserved and unreserved Spaces
set forth above.
C. Except for particular spaces and areas designated by
Landlord or the Operator for reserved parking, all parking in the Garage and
surface parking areas serving the Building shall be on an unreserved, first-
come, first-served basis.
D. Neither Landlord nor the Operator shall be responsible
for money, jewelry, automobiles or other personal property lost in or stolen
from the Garage or the surface parking areas regardless of whether such loss or
theft occurs when the Garage or other areas therein are locked or otherwise
secured. Except as caused by the negligence or willful misconduct of Landlord
and without limiting the terms of the preceding sentence, Landlord shall not be
liable for any loss, injury or damage to persons using the Garage or the surface
parking areas or automobiles or other property therein, it being agreed that, to
the fullest extent permitted by law, the use of the Spaces shall be at the sole
risk of Tenant and its employees.
E. Landlord or its Operator shall have the right from time
to time to designate the location of the Spaces and to promulgate reasonable
rules and regulations regarding the Garage, the surface parking areas, if any,
the Spaces and the use thereof, including, but not limited to, rules and
regulations controlling the flow of traffic to and from various parking areas,
the angle and direction of parking and the like. Tenant shall comply with and
cause its employees to comply with all such rules and regulations, all
reasonable additions and amendments thereto, and the terms and provisions of the
Parking Agreement.
F. Tenant shall not store or permit its employees to store
any automobiles in the Garage or on the surface parking areas without the prior
written consent of Landlord. Except for emergency repairs, Tenant and its
employees shall not perform any work on any automobiles while located in the
Garage or on the Property. If it is necessary for Tenant or its employees to
leave an automobile in the Garage or on the surface parking areas overnight,
Tenant shall provide Landlord with prior notice thereof designating the license
plate number and model of such automobile.
G. Landlord or the Operator shall have the right to
temporarily close the Garage or certain areas therein in order to perform
necessary repairs, maintenance and improvements to the Garage or the surface
parking areas, if any.
H. Tenant shall not assign or sublease any of the Spaces
without the consent of Landlord. Landlord shall have the right to terminate
this Parking Agreement with respect to any Spaces that Tenant desires to sublet
or assign.
I. Landlord may elect to provide parking cards or keys to
control access to the Garage or surface parking areas, if any. In such event,
Landlord shall provide Tenant with one card or key for each Space that Tenant is
leasing hereunder, provided that Landlord shall have the right to require Tenant
or its employees to place a deposit on such access cards or keys and to pay a
fee for any lost or damaged cards or keys.
II. Renewal Option
A. Tenant shall have the right to extend the Term (the
"Renewal Option") for one additional period of 5 years commencing on
the day following the Termination Date of the initial Term and ending on the 5th
anniversary of the Termination Date (the "Renewal Term"), if:
1. Landlord receives notice of exercise of the Renewal
Option ("Initial Renewal Notice") not less than nine (9) full calendar
months prior to the expiration of the initial Lease Term and not more than
twelve (12) full calendar months prior to the expiration of the initial Term;
and
2. Tenant is not in default under the Lease beyond any
applicable cure periods at the time that Tenant delivers its Initial Renewal
Notice or at the time Tenant delivers its Binding Notice (as hereinafter
defined); and
3. No part of the Premises is sublet at the time that
Tenant delivers its Initial Renewal Notice or at the time Tenant delivers its
Binding Notice other than in connection with a Permitted Transfer;
and
4. The Lease has not been assigned prior to the date
that Tenant delivers its Initial Renewal Notice or prior to the date Tenant
delivers its Binding Notice other than in connection with a Permitted
Transfer; and
5. Tenant executes and returns the Renewal Amendment
(hereinafter defined) within fifteen (15) days after its submission to
Tenant.
B. The initial Base Rent rate per rentable square foot
for the Premises during the Renewal Term shall equal the Prevailing Market
(hereinafter defined) rate per rentable square foot for the Premises.
C. Tenant shall pay Additional Rent (i.e. Taxes and
Expenses) for the Premises during the Renewal Term in accordance with
Article IV of the Lease.
D. Within thirty (30) days after receipt of Tenant's
Initial Renewal Notice, Landlord shall advise Tenant of the applicable Base
Rent rate for the Premises for the Renewal Term. Tenant, within fifteen
(15) days after the date on which Landlord advises Tenant of the applicable Base
Rent rate for the Renewal Term, shall either (i) give Landlord final
binding written notice ("Binding Notice") of Tenant's exercise of its
option, or (ii) if Tenant disagrees with Landlord's determination, provide
Landlord with written notice of rejection (the "Rejection Notice").
If Tenant fails to provide Landlord with either a Binding Notice or Rejection
Notice within such fifteen (15) day period, Tenant's Renewal Option shall be
null and void and of no further force and effect. If Tenant provides Landlord
with a Binding Notice, Landlord and Tenant shall enter into the Renewal
Amendment upon the terms and conditions set forth herein. If Tenant provides
Landlord with a Rejection Notice, Landlord and Tenant shall work together in
good faith to agree upon the Prevailing Market Base Rent rate for the
Premises during the Renewal Term. Upon agreement Tenant shall provide Landlord
with Binding Notice and Landlord and Tenant shall enter into the Renewal
Amendment in accordance with the terms and conditions hereof. Notwithstanding
the foregoing, if Landlord and Tenant are unable to agree upon the Prevailing
Market Base Rent rate for the Premises within thirty (30) days after the date on
which Tenant provides Landlord with a Rejection Notice, Tenant's Renewal Option
shall be null and void and of no force and effect.
E. If Tenant is entitled to and properly exercises its
Renewal Option, Landlord shall prepare an amendment (the "Renewal
Amendment") to reflect changes in the Base Rent, Term, Termination Date and
other appropriate terms. The Renewal Amendment shall be:
1. sent to Tenant within a reasonable time after
receipt of the Binding Notice; and
2. executed by Tenant and returned to Landlord in
accordance with paragraph A.5. above.
An otherwise valid exercise of the Renewal Option shall,
at Landlord's option, be fully effective whether or not the Renewal Amendment is
executed.
F. For purpose hereof, "Prevailing Market"
shall mean the arms length fair market annual rental rate per rentable square
foot under renewal leases and amendments entered into on or about the date on
which the Prevailing Market is being determined hereunder for space comparable
to the Premises in the Building and office buildings comparable to the
Building in the Seattle central business district. The determination of
Prevailing Market shall take into account any material economic differences
between the terms of this Lease and any comparison lease, such as rent
abatements, construction costs and other concessions and the manner, if any, in
which the Landlord under any such lease is reimbursed for operating expenses and
taxes. The determination of Prevailing Market shall also take into
consideration any reasonably anticipated changes in the Prevailing Market rate
from the time such Prevailing Market rate is being determined and the time such
Prevailing Market rate will become effective under this Lease.
G. Notwithstanding anything herein to the contrary,
Tenant's Renewal Option is subject and subordinate to the expansion rights
(whether such rights are designated as a right of first offer, right of first
renewal, expansion option or otherwise) of any tenant of the Building existing
on the date hereof.
III. Deferred Space.
A. Tenant hereby leases from Landlord and Landlord
leases to Tenant approximately 1,698 rentable square feet on the 28th
floor of the Building as shown on Exhibit A-3 and labeled "Deferred
Space". The Term with respect to the Deferred Space shall commence the
earlier of (i) 75 days after Tenant gives Landlord written notice of Tenant's
desire to occupy the Deferred Space, and (ii) March 1, 2001 ("Deferred
Space Commencement Date").
B. The Deferred Space shall be considered Premises
subject to all the terms and conditions of this Lease, except that no
allowances, credits, abatements or other concessions (if any) set forth in this
Lease for the Existing Premises or any other expansions shall apply to the
Deferred Space; provided, however, that Landlord shall give Tenant a tenant
improvement allowance for the Deferred Space of Forty-Four Thousand Seven
Hundred and No/100 Dollars ($44,700.00) (i.e., $30.00 per usable square foot of
the Deferred Space) (the "Deferred Space Allowance").
C. The Deferred Space shall be leased by Tenant
pursuant to all the terms and conditions of the Lease, except that the financial
terms and conditions (i.e. Minimum Annual Rent, Expense Excess and Tax Excess)
for the Deferred Space shall be as follows:
1. The Base Rent rate per square foot for the
Deferred Space shall be the same as the Base Rent rate per square foot for the
Premises on the Deferred Space Commencement Date.
2. Tenant shall pay Expense Excess and Tax Excess
for the Deferred Space on the same terms and conditions set forth in the Lease,
provided that Tenant's Share of the Expense Excess and Tax Excess shall increase
appropriately to account for the addition of the Deferred Space.
IN WITNESS WHEREOF, Landlord and Tenant have executed
this exhibit as of the day and year first above written.
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LANDLORD:
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EOP-Northwest Properties,
L.L.C., a Delaware limited liability company
By: EOP-Operating Limited Partnership, a Delaware
limited partnership, its sole member
By: Equity Office Properties Trust, a Maryland real estate
investment trust, its managing general partner
By:
Name:
Title:
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TENANT:
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Centura Software Corporation,
a California corporation
By:
Name:
Title:
By:
Name:
Title:
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