Exhibit 10.23
THREE SISTERS RANCH
ENTERPRISES
LEASE ADDENDUM & PARTIAL TERMINATION AGREEMENT
TENANT Conceptus, Inc.
TENANT'S ADDRESS: 000 Xxxxxxxxxx Xxxx
Xxx Xxxxxx, XX 00000
LANDLORD: Three Sisters Ranch Enterprises
LANDLORD'S ADDRESS: X.X. Xxx 0000
Xxx Xxxxxx, XX 00000
Project: San Xxxxxx Business Park
Description That six (6) building project totaling
approximately 123,280 square feetcommonly
known as San Xxxxxx Business Park, San
Carlos, California
LEASE TERMINATION: Tenant, by this Addendum, terminates its right
of use or occupancy as to 981 B and 000 X
Xxxxxxxxxx Xxxx, Xxx Xxxxxx (approximately
11,941 square feet +/-) as part of the demised
Premises as of December 1,1997; Tenant shall
pay the sum of $89,557.50 as a termination fee
(an agreed upon sum based upon a calculation of
six months' rent composed of six times the sum
of $12,538.05 of monthly base rent and
$2,388.20 of monthly CAM costs); Tenant shall
leave the Premises in broom swept clean
condition free of debris and shall return all
keys to Landlord; all terms and conditions of
the other existing leases between Landlord and
Tenant shall remain the same except failure to
make payment hereunder at time of execution
shall constitute a default under all existing
leases with Landlord and shall be treated as
failure to pay Rent.
THREE SISTERS RANCH ENTERPRISES
"Landord"
/s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
General Manager
CONCEPTUS, INC.
By: /s/ Xxxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxxxx, President and CEO