Exhibit 10.37
THIRD AMENDMENT TO LEASE
Agreement made as of the 27th day of May, 1997 between MASSACHUSETTS
INSTITUTE OF TECHNOLOGY ("Lessor") and ANALOG DEVICES, INC. ("Lessee").
WHEREAS: Lessor is the lessor and Lessee the lessee under a lease agreement
(the "Lease") dated February 8, 1995 with respect to the building at 00 Xxxxxx
Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxxxx (the "Building") as previously amended;
WHEREAS: Lessee expanded the Leased Premises to include the third and
fourth floors of the Building by its exercise of an expansion option on terms
set forth in the Lease as modified by prior amendments which enabled the Lessee
to defer taking possession of the fourth floor until June 1, 1998 and to defer
payment of Basic Rent with respect to that floor until December 1, 1998;
WHEREAS: Lessee desires to take possession of the fourth floor of the
Building, effective as of this date, and has agreed that the commencement date
for payment of Basic Rent with respect to that floor shall be advanced to
December 1, 1997; and
WHEREAS: Lessor has agreed to modify the Lease as set forth below: NOW
THEREFORE: the parties agree as follows:
1. Lessee shall be entitled to take possession of the fourth floor of the
Building on May 27, 1997.
2. Lessee shall commence payment of Basic Rent for the fourth floor of the
Building commencing December 1, 1997.
3. Except as set forth herein, the terms of the Lease as previously amended
are hereby confirmed to be in full force and effect.
Executed as a sealed instrument as of the date first above written.
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
By: /s/ Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx, its
Director of Real Estate
and Assistant Treasurer
ANALOG DEVICES, INC.
By: /s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
Treasurer
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