EXHIBIT 10.16
________________
AMENDMENT NO. 1 TO
LEASE AGREEMENT
BY AND BETWEEN
XXXXX FIVE PARTNERSHIP, LTD.
AS LANDLORD,
AND
CIRRUS LOGIC, INC.
AS TENANT
________________
FIRST AMENDMENT TO LEASE AGREEMENT
This is a First Amendment to the Lease Agreement by and between Xxxxx Five
Partnership, Ltd., as Landlord, and Cirrus Logic, Inc., as Tenant, effective
November 10, 2000 for space in the Terrace V Building (the "Lease").
Since the execution of the Lease, Landlord and Tenant have agreed to make
certain amendments to the Lease as follows:
1. Base Building Design Criteria Additions. Tenant has requested certain
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items be included in the Base Building Plans which were not included in the Base
Building Design Criteria set forth on Exhibit C. Landlord has agreed to
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include the items (the "Base Building Design Criteria Additions") which are set
forth on Exhibit C-1 in the construction of the Base Building. Landlord and
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Tenant have agreed that the additional costs to Landlord for the Base Building
Design Criteria Additions is $392,543. Landlord and Tenant have agreed the
$392,543 shall be paid for out of the Allowance as defined in the Tenant's Work
Letter attached as Exhibit M to the Lease.
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2. Construction Allowance. Landlord and Tenant agree to amend Exhibit M
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Tenant's Work Letter by deleting the first sentence of Section 3.6 and
substituting the following in lieu thereof:
"Landlord will provide Tenant a construction allowance ("Allowance"): (a)
first, to pay for the cost of preparing the Space Plans and the Working
Drawings for the Tenant Finish Work, along with all architectural and
engineering costs incurred in connection with the Tenant
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Finish Work; (b) second to pay for the Base Building Design Criteria
Additions; (c) third, to pay for the cost of constructing the Tenant Finish
Work in accordance with the Working Drawings; (d) fourth, to pay costs for
the purchase and installation of modular furniture, signage, phone and
computer cabling and; (e) fifth, to pay moving costs of up to $1.50 per
square foot of Rentable Area in the Leased Premises."
3. Ratification of Lease. Excepted as amended herein, the Lease is ratified
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and confirmed by Landlord and Tenant.
LANDLORD: TENANT:
XXXXX FIVE PARTNERSHIP, LTD. CIRRUS LOGIC, INC.
BY: Xxxxx Five Development Corp., By: /s/ Xxxxx Xxxxxx
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its general partner Name: XXXXX XXXXXX
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Title: VP, MARKETING
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By: /s/ L. Xxxx Xxxxxx
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L. Xxxx Xxxxxx,
President
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EXHIBIT C-1
BASE BUILDING DESIGN CRITERIA ADDITIONS
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DESCRIPTION COST W/FEE
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Data Center and Associated Conduit $ 66,622
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Duplicate Electrical Service $ 0.00
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Dropped Slab Area $ 10,034
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Piggy Back Generator $ 61,242
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Patio Structures and Finishes $160,482
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Garage Elevator Vestibule $ 18,763
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Grease Trap and all Associated Piping $ 15,457
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Concrete Encased Conduit $ 8,244
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Enhancement of Slab Strength $ 51,700
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TOTAL COST $392,543
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