EXHIBIT 10.14
AMENDMENT TO LEASE
(March 9, 2001)
THIS AMENDMENT TO LEASE ("Amendment") amends and modifies that certain
Lease dated February 26, 1998, and amendment dated January 8, 1999 between
FLATIRON INDUSTRIAL PARK COMPANY, a Colorado limited partnership, as Landlord,
and SpectraLink Corporation, a Colorado corporation, as Tenant (the "Lease"),
regarding certain premises located at 0000 Xxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxx
00000 (the "Premises").
The following additional and/or modified provisions shall be added to
the Lease, and to the extent of any inconsistency or conflict between the terms
of this Amendment and the terms of the Lease, the terms of this Amendment shall
control.
For good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, Landlord and Tenant agree that the Lease shall
have the following additional and/or modified terms:
1. Addition in Space. Effective as of April 1, 2001 (the "Effective
Date"), Tenant's Premises shall be increased in size by 3,324+/- square feet
(from approximately 11,759 rentable square feet to approximately 15,083
rentable square feet), as depicted in Exhibit A attached hereto.
Rent. April 1, 2001 to February 28, 2002 $18,663.00 per month
March 1, 2002 to February 28, 2003 $19,410.00 per month
March 1, 2003 to February 29, 2004 $20,187.00 per month
March 1, 2004 to February 28, 2005 $20,994.00 per month
March 1, 2005 to June 30, 2005 $21,834.00 per month
2. Additional Rent. Beginning April 1, 2001, Tenant's Pro Rata Share
for Additional Rent shall be 100%.
3. Condition Precedent. This Amendment to Lease is conditioned upon
Landlord's releasing XOR Network Engineering, Inc. from the space being added
to Tenant's Lease upon terms and conditions satisfactory to Landlord in its sole
discretion.
4. Remainder in Force and Effect. Except as expressly modified herein,
all terms and provisions of the Lease shall remain in full force and effect.
Capitalized terms not defined herein shall have the meanings given such terms
in the Lease.
IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment
as of the day and year first above written.
LANDLORD: TENANT:
FLATIRON INDUSTRIAL PARK CO. SpectraLink Corporation
By: /s/ XXXXXXX X. XXXXXX By: /s/ XXXXX X. XXXXXXXX
---------------------------------- -----------------------------
Xxxxxxx X. Xxxxxx Name: Xxxxx X. Xxxxxxxx
Vice President ---------------------------
Title: CFO
--------------------------
EXHIBIT "A"
Entire Building
