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EXHIBIT 10.1
FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE (hereafter "First Amendment") is made and entered
into this 16th day of June, 1999, by and between XXXXXX SEATTLE INVESTORS I,
L.L.C., a Delaware limited liability company as Landlord, and N2H2, Inc., a
Washington corporation, as Tenant.
RECITALS
A. Landlord and Tenant have entered into that certain Office Lease dated
March 12, 1999, (the "Lease"), whereby Landlord has leased to Tenant and Tenant
has leased from Landlord approximately 30,071 rentable square feet known as
Suite 3400 ("Premises") in that certain building located at 000 Xxxxxx Xxxxxx,
Xxxxxxx, Xxxxxxxxxx 00000 ("Building").
B. Landlord and Tenant desire to further amend certain terms and
conditions of the Lease and to lease temporary space on the 40th floor of the
Building ("Temporary Premises") on an "as-is" basis and to subject the
Temporary Premises in the Building to the terms and conditions of the Lease as
set forth in this First Amendment.
C. All capitalized terms not otherwise defined herein shall have the
same meaning as set forth in the Lease.
NOW, THEREFORE, in consideration of the mutual covenants and conditions
stated herein, Landlord and Tenant hereby modify, amend and supplement the
Lease and agree as follows:
1. TEMPORARY PREMISES. The Temporary Premises shall consist of that portion of
the 40th floor of the Building known as Suite 4000 consisting of
approximately 3,905 rentable square feet as more particularly shown on
Exhibit A.
2. TEMPORARY PREMISES TERM. The Temporary Premises term shall commence on July
15, 1999 and continue on a month-to-month basis until terminated by either
party at the end of a month with at least thirty (30) days prior written
notice. In no event shall the temporary Premises Term extend beyond
December 31, 1999 without the execution of a separate document by both
parties.
3. TEMPORARY PREMISES RENT. The base monthly, fully-serviced based rent
("Temporary Premises Rent"), payable on or before the 1st day of each month
(except for the first month's rent which shall be prorated), is $9,437.08.
4. TENANT IMPROVEMENTS. Tenant accepts the Temporary Premises on an "as-is"
basis and assumes responsibility for any and all costs to improve the
Temporary Premises. Tenant shall submit all plans to Landlord for review
and consent and shall follow the Building procedures for all work. Tenant
shall be solely responsible for the suitability of the design and function
of the Tenant Improvements for Tenant's needs and business.
5. NO CONFLICT. Except as modified by this First Amendment, the terms and
conditions of the Lease shall remain in full force and effect. In the event
of any
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conflict between the terms of this First Amendment and the Lease, this
First Amendment shall govern and control the intent and agreement of the
parties.
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to
Lease as of the date first set forth above.
LANDLORD: TENANT:
Xxxxxx Seattle Investors I, L.L.C., N2H2, Inc.,
a Delaware limited liability company a Washington corporation, as Tenant.
By: Xxxxxx Street Real Estate
Fund I, L.P., a Delaware limited
partnership,
Manager
By: Xxxxxx Street Managers I, L.P.,
a Delaware limited partnership,
General Partner
By: WSC Managers I, Inc.,
a Delaware corporation,
General Partner
By: /s/ XXXXXXX X. XXXXXX By: /s/ XXXX XXXXXX
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Xxxxxxx X. Xxxxxx, Xxxx Xxxxxx,
Vice-President CFO/COO
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NOTARY PAGE
STATE OF ILLINOIS )
------------ ) :ss.
COUNTY OF XXXX )
------------
I certify that I know or have satisfactory evidence that the person appearing
before me and making this acknowledgment is the person whose true signature
appears on this document.
On this 21st day of June, 1999, before me personally appeared XXXXXXX X.
XXXXXX, to me known to be the VICE PRESIDENT of WSC MANAGERS I, INC., a
Delaware corporation, the corporation that executed the within and foregoing
instrument as General Partner of XXXXXX STREET MANAGERS I, L.P., a Delaware
limited partnership, the general partner of XXXXXX STREET REAL ESTATE FUND I,
L.P., a Delaware limited partnership, the Manager of XXXXXX SEATTLE INVESTORS I,
L.L.C., a Delaware limited liability company, the company joint venture that
executed the within and foregoing instrument, and acknowledged the said
instrument to be the free and voluntary act and deed of said joint venture, for
the uses and purposes therein mentioned, and on oath stated that he/she was
authorized to execute said instrument.
WITNESS my hand and seal hereto affixed the day and year first above written.
/s/ XXXXXXXXX XXXXX
[SEAL] ------------------------------------------------
Xxxxxxxxx Xxxxx
------------------------------------------------
(Type or Print Name)
Notary Public in and for the State of IL
---------,
Residing at
-----------------------------------,
My Appointment Expires: 9/27/00
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State of Washington )
) :ss.
County of King )
On this ___ day of June, 1999, before me personally appeared XXXX XXXXXX to me
known to be the/a CFO/COO of N2H2, INC., the corporation that executed the
within and foregoing instrument, and acknowledged the said instrument to be the
free and voluntary act and deed of said corporation, for the uses and purposes
therein mentioned, and on oath stated that he/she was authorized to execute the
said instrument and that the seal affixed, if any, is the corporate seal of said
corporation.
IN WITNESS, WHEREOF, I have hereunto set my hand and affixed my official seal
the day and year first above written.
/s/ XXXXXXX X. XXXX
[SEAL] --------------------------------------------------
Xxxxxxx X. Xxxx
--------------------------------------------------
(Type or Print Name)
Notary Public in and for the State of Washington
-----------,
Residing at Redmond
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My Appointment Expires: 11/7/02
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EXHIBIT A
TEMPORARY PREMISES
(Floor plans showing Premises shaded)
[FLOOR PLAN LAYOUT]
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