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Exhibit 10.30
SIXTH AMENDMENT TO LEASE
This Sixth Amendment to Lease (this "Sixth Amendment") is entered into
as of the 2nd day of August, 1996 by and between 000 XXXXXXX XXXXXX COMPANY, a
limited partnership ("Landlord") and INSTANT VIDEO TECHNOLOGIES, INC., a
Delaware corporation ("Tenant"), based upon the following facts, understandings
and agreements:
A. Landlord and Tenant entered into a written lease (the "Lease") dated
February 15, 1993, whereby Landlord leased to Tenant and Tenant hired from
Landlord, certain premises on the fifth floor designated as SUITE 503
containing an aggregate of approximately 2,328 rentable square feet, of that
certain eight-story building known as 000 Xxxxxxx Xxxxxx, Xxx Xxxxxxxxx,
Xxxxxxxxxx (the "Leased Premises"). Landlord and Tenant entered into a First
Amendment to Lease (the "First Amendment") dated February 9, 1994, whereby
Tenant extended the Lease by an additional six (6) months terminating August
15, 1994, a Second Amendment to Lease (the "Second Amendment") dated June 9,
1994, whereby Tenant extended the Lease by an additional six (6) months
terminating February 15, 1995, a Third Amendment to Lease (the "Third
Amendment") dated January 13, 1995, whereby Tenant extended the Lease by an
additional six (6) months terminating August 15, 1995, a Fourth
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Amendment to Lease (the "Fourth Amendment") dated June 12, 1995, whereby Tenant
extended the Lease by an additional six (6) months terminating February 15,
1996, and a Fifth Amendment to Lease (the "Fifth Amendment") dated February 13,
1996, whereby Tenant extended the Lease by an additional six (6) months
terminating AUGUST 15, 1996.
B. Landlord and Tenant now desire to further amend the Lease as
hereinafter provided.
NOW, THEREFORE, in consideration of the mutual promises contained
herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Landlord and Tenant agree as
follows:
1. Definitions. All defined terms not otherwise defined herein shall
have the same meaning as in the Lease.
2. Amendment of Section 2. The first sentence of Section 2 is hereby
deleted and replaced with the following sentence:
Term. The term of this lease shall be extended for an additional SIX
(6) MONTHS commencing AUGUST 16, 1996, and terminating FEBRUARY 15, 1997.
3. Conflict. In the event of any conflict between the provisions of the
Lease, the First Amendment to Lease, the Second Amendment to Lease, the Third
Amendment to Lease, the Fourth Amendment to Lease, the Fifth Amendment to Lease
or this Sixth Amendment to Lease, the provisions of the Sixth Amendment to
Lease shall govern.
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4. Ratification. The Lease as modified by this Sixth Amendment to Lease
is ratified in all respects.
IN WITNESS WHEREOF, the parties have executed this Sixth Amendment to
Lease as of the date first hereinabove written.
LANDLORD: 000 XXXXXXX XXXXXX COMPANY,
a limited partnership
By: L&B INSTITUTIONAL PROPERTY
MANAGERS OF CALIFORNIA, INC.,
its managing agent
By: /s/ XXXX X. XXXXXXX
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Xxxx X. Xxxxxxx
Authorized Signatory
TENANT: INSTANT VIDEO TECHNOLOGIES, INC.,
a Delaware corporation
By: /s/ XXXX X. XXXXXXXX
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Name: Xxxx X. Xxxxxxxx
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Its: President / CEO
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