FIRST AMENDMENT TO OFFICE LEASE
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THIS FIRST AMENDMENT TO OFFICE LEASE ("Amendment") is entered
into as of September 29, 1997, by and between WHCPS REAL ESTATE LIMITED
PARTNERSHIP, a Delaware limited partnership ("Landlord"), and MICROAGE COMPUTER
CENTERS, INC., a Delaware corporation ("Tenant").
R E C I T A L S:
- - - - - - - -
A. Landlord and Tenant have entered into that certain Office
Lease dated August 15, 1997, for certain premises located in the office building
at 0000 Xxxxx Xxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxx (the "Lease"). All capitalized
terms not otherwise defined herein shall have the same meanings as set forth in
the Lease.
B. Landlord and Tenant desire to amend the Lease to (i)
exclude from the Premises all space located on the first (1st) floor of the
Building (the "First Floor Space"), (ii) add to the Premises that certain space
located on the plaza level of the Building referred to as Suite L150 containing
approximately 5,268 rentable square feet (the "Plaza Level Space"), and (iii)
amend various other provisions of the Lease to reflect such exclusion and
addition.
A G R E E M E N T:
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NOW, THEREFORE, in consideration of the foregoing, the mutual
covenants contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties agree as
follows:
1. Premises. Section 6 of the Summary is deleted in its
entirety and the following is substituted therefor:
"6. Premises (Article 1): Initially, approximately 57,308 rentable
square feet of space located on the
plaza level and the seventh (7th),
eighth (8th) and ninth (9th) floors, as
set forth on Exhibit A attached hereto.
Effective on the Must Take Effective
Date, the Premises will increase to
include approximately 26,906 rentable
square feet of space located on the
third (3rd) floor, as set forth on
Exhibit A attached hereto, for a total
of 84,214 rentable square feet."
2. Base Rent. Section 8 of the Summary is deleted in its
entirety and the following is substituted therefor:
"8. Base Rent (Article 3):
Annual
Monthly Rental Rate
Annual Installment per Rentable
Lease Year Base Rent of Base Rent Square Foot
---------- --------- ------------ -----------
Lease Commencement $1,600,066.00 $133,338.83* $19.00
Date - Lease Year 2
Lease Year 3 - Lease Year 4 $1,684,280.00 $140,356.67 $20.00
Lease Year 5 - Lease $1,768,494.00 $147,374.50 $21.00
Expiration Date
*Note: Until the Must take Rent Commencement Date, the Monthly Installment of
Base Rent will be $90,737.67, based upon 57,308 rentable square feet."
