LEASE AMENDMENT #3
Lease Amendment #3 (this "Lease Amendment #3") to that certain Lease dated
February 21, 1991, and as amended by Lease Amendment #1 dated June 11, 1993, and
Lease Amendment #2 dated February 13, 1997 between Xxxxxxx Properties, L.P., a
California limited partnership, as Landlord, and Hypermedia Communications,
Inc., a California corporation, as Tenant (the "Lease"), for Premises located on
the 2nd and 3rd floors, consisting of approximately 7,526 rentable square feet
(the "Premises") located at 000 Xxxxxxx'x Xxxxxx Xxxxxxxxx, Xxxxxx 000 and 365,
San Mateo, California.
Landlord and Tenant hereby agree that the term of the Lease is hereby renewed
and extended for an additional term of thirty-six (36) months to commence on the
May 1, 2000, and to end on April 30, 2003, on condition that Landlord and Tenant
comply with all the provisions of the covenants and agreements contained in the
Lease except:
1) Rental: Base Rent for the premises shall be:
5/01/00 - 4/30/01: $33,641.00 per month plus operating expenses per
Paragraph 29 of the Lease. Operating expenses
through December 31, 2000 are estimated to be
$5,870.00 per month. Direct operating expenses
are estimated a year in advance and collected on
a monthly basis. Any adjustments necessary (up or
down) will be made at the end of the operating
year.
5/01/01 - 4/30/02: $34,620.00 per month plus operating expenses per
Paragraph 29 of the Lease.
5/01/02 - 4/30/03: $35,673.00 per month plus operating expenses per
Paragraph 29 of the Lease.
2) Tenant Improvements: Tenant accepts the premises in "as is" condition.
3) Security Deposit: The Security Deposit under the Lease shall be
increased by $13,100.00 for a total Security
Deposit of $35,673.00, payable upon execution of
this Lease Amendment #3.
IN WITNESS WHEREOF, the parties hereto have executed this Lease Amendment #3 as
of this ________ day of March, 2000.
LANDLORD: TENANT:
Xxxxxxx Properties, L.P., Hypermedia Communications, Inc.,
a California limited partnership a California corporation
By: Xxxxxxx Properties, Inc.,
a Maryland corporation
its General Partner
By: ____________________________ By: ____________________________
Xxxxx X. Xxxxx Xxx Xxxxx
Its: Vice President Its: Chief Financial Officer,
Vice President of Finance &
Administration
