FOURTH AMENDMENT TO STANDARD OFFICE LEASE
Exhibit
10.5.3
FOURTH AMENDMENT TO STANDARD OFFICE LEASE
This FOURTH AMENDMENT TO STANDARD OFFICE LEASE (“Amendment”) is made and entered into as of
this 31 day of July, 2007, by and between AEW LT BREA IMPERIAL CENTRE, LLC, a Delaware limited
liability company (“Landlord”) and FREMONT INVESTMENT & LOAN, a California industrial bank
(“Tenant”), with reference to the facts set forth in the Recitals below.
RECITALS:
A. Landlord, as successor-in-interest to Crown Brea Associates, LLC, and Tenant are
parties to that certain Standard Office Lease dated as of April 23, 2004, as amended by that
certain (i) Notice of Lease Term Dates dated as of October 12, 2004, (ii) Lease Amendment No.
1 undated in August, 2004, and (iii) Third Amendment to Standard Office Lease dated as of November
15, 2005 (as amended, the “Lease”, but excluding therefrom an unexecuted second amendment to lease,
which the parties agree was never entered into), pursuant to which Landlord agreed to lease to
Tenant the entire office building (the “Premises”) commonly known as 0000 Xxxx Xxxxxxxx Xxxxxxx,
Xxxx, Xxxxxxxxxx 00000 (the “Building”). The Premises is more particularly defined in the Lease and
contains approximately 104,662 rentable square feet.
B. The parties hereto now desire to amend the Lease as hereinafter provided.
C. Unless otherwise defined in this Amendment, all capitalized terms used in this
Amendment shall have the same meanings assigned to them in the Lease.
NOW, THEREFORE, in consideration of the foregoing Recitals and the covenants and agreements
hereinafter set forth, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
AGREEMENT:
1. Right of First Offer to Purchase. Landlord and Tenant acknowledge and agree
that Article 33 of the Lease is hereby deleted in its entirety (it being the intent of the
parties that Tenant have no further right of first offer to purchase the Premises).
2. No Other Modifications. Except as expressly modified herein, the Lease shall
remain in full force and effect.
3. Entire Agreement. The Lease and this Amendment contain all of the agreements
of the parties hereto with respect to any matter covered or mentioned in such documents, and
no prior written or oral agreement or any prior letter or understanding pertaining to any such
matter shall be effective for any purpose.
4. Counterparts. This Amendment may be executed in multiple counterparts, each
of which shall be deemed an original and all of which together shall constitute but one and
the same Amendment.
IN WITNESS WHEREOF, the parties have caused this Amendment to be executed as of the date first
written above.
“Landlord” AEW LT BREA IMPERIAL CENTRE, LLC, a Delaware limited liability company |
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By: | /s/ Xxxxxx X. Xxxxx | |||
Name: | Xxxxxx X. Xxxxx | |||
Title: | Authorized Signatory | |||
“Tenant”
FREMONT INVESTMENT & LOAN, a California industrial bank |
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By: | /s/ Xxxx Xxxxxx | |||
Name: | Xxxx Xxxxxx | |||
Its: | VP, Corporate Real Estate | |||