EXHIBIT 10.15A
AMENDMENT NUMBER ONE TO LEASE
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AGREEMENT FOR DELETION OF SPACE
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This Agreement for Deletion of Space ("Agreement") is entered into on this 1st
day of October, 1999 by and between The Equitable Life Assurance Society of the
United States, Inc., a New York Corporation (hereinafter "Landlord") and Xxxxxx
Interactive Systems, Inc. a Delaware Corporation (hereinafter "Tenant"):
WITNESSETH
WHEREAS, the parties hereto have entered into a certain Lease (The "Lease")
dated August 25, 1997, demising certain premises in the Building at 000 Xxxxxx
Xxxxxx, xx Xxx Xxxxxxxxx, Xxxxxxxxxx and,
WHEREAS, it is the desire of the parties to amend said Lease,
NOW THEREFORE, effective October 1, 1999, the parties hereto agree as follows:
1. PREMISES: The Premises as defined in said Lease, as amended to eliminate
the space shown by crosshatched lines on Exhibit A attached hereto, shall
be decreased from 72,299 square feet to 54,626 square feet and will
continue to be known as Suite 300 North commencing on October 1, 1999.
2. STORAGE: The Premises known as Suite 304 South containing approximately
1,800 square feet of shell space utilized as storage by Tenant shall
remain. The rent for such storage space shall continue to be $2,250 per
month and $27,000 per year.
3. SUITES: Suites 375 South and 306 South are hereby deleted in all
references in said lease.
4. RENT: Section H of the Basic Lease Information of said lease, is hereby
amended to decrease the Base Rent stipulated therein as stated below.
DATE PER MONTH PER YEAR
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10/01/1999 to 9/30/2002 $119,254.50 $1,431,054
10/01/2002 to 9/30/2004 $132,505.00 $1,590,060
10/01/2004 to 9/30/2007 $145,755.50 $1,749,066
5. PRO RATA SHARE: Tenants pro rata share of the increase in taxes and
operating expenses over the base year, as defined in the lease, shall be
amended from 10.63% to 7.78% based on the new NRA of 700,892. The base
year shall remain 1997.
6. SECURITY DEPOSIT: Landlord shall continue to maintain the existing
deposit of $70,699.34 from the original lease dated October 30, 1988 on
account.
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AMENDMENT NUMBER ONE TO LEASE
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AGREEMENT FOR DELETION OF SPACE
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7. TENANT'S ADDRESS FOR NOTICES:
Xxxxxx
Attention Chief Financial Officer
000 Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx
Xxx Xxxxxxxxx, XX 00000
LANDLORDS ADDRESS FOR NOTICES:
The Equitable Life Assurance Society of the United States
C/O Lend Lease Real Estate Investments, Inc.
Xxx Xxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxxxxxxx, Xxxxxxxxxx 00000
Attention: Vice President, Asset Management
With a copy to: The Equitable Life Assurance Society of the United States
(Landlord's Managing Agent) C/O Jones Xxxx LaSalle Americas, Inc.
000 Xxxxxx Xxxxxx, Xxxxx 000 Xxxxx
Xxx Xxxxxxxxx, Xxxxxxxxxx 00000
Attention: General Manager
8. OPTION TO RENEW: Tenant's option to renew per paragraph 3 of the First
Addendum to lease shall remain in full force and effect.
9. OPTIONS TO EXPAND: Paragraphs 4 - 355S OPTION TO EXPAND and
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5 - 325S OPTION TO EXPAND of the First Addendum to lease pages 3 and 4 are
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hereby deleted and are no longer in full force and effect.
10. FULL FORCE AND EFFECT: It is understood and agreed between the parties
hereto that said Lease, as amended, shall have the same effect and all
covenants, conditions, remedies and terms of the original lease including
the security payment provision, if any, shall remain in full force and
effect, except as aforesaid.
IN WITNESS WHEREOF, the parties have executed this Lease Termination Agreement
as of the date first hereinabove set forth.
Tenant: Landlord:
Xxxxxx Interactive Systems, Inc. a The Equitable Life Assurance Society
Delaware Corporation of the United States, Inc. A New York
Corporation
/s/ Xxxxxxx Xxxxxxxxxx
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By: Xxxxxxx Xxxxxxxxxx By: Xxxxx Xxxxx
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Its: Chief Financial Officer Its: Investment Officer
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