SEVENTH AMENDMENT TO PALO ALTO LEASE Seventh Amendment to Lease By and between and ClickAction, Inc.
EXHIBIT 10.12
SEVENTH AMENDMENT TO PALO ALTO LEASE
Seventh Amendment to Lease
By and between
0000 Xxxx Xxxxxxxx Xxxx, LLC
and
ClickAction, Inc.
This Seventh Amendment dated December
12, 2001, amends the Sixth Amendment dated and executed November 26, 2001.
Whereas both Parties agree to the following
modifications:
1. Premises:
The term “Premises” shall mean 13,997 rentable square feet as outlined Exhibit H hereto, which is a portion (65.1%) of that certain free standing single-story
office/R&D building which is a total size of approximately 21,497 square feet, and which is located at and commonly known as 2197 East Bayshore Road, Palo Alto, Santa Xxxxx County, State of California.
2. Rent:
The monthly Rent
shall be as follows:
| Months |
Rent | |
| 12/01/01 – 11/30/02 |
$27,294.15 | |
| 12/01/02 – 11/30/03 |
$28,385.92 | |
| 12/01/03 – 5/31/04 |
$29,521.36 |
3. Parking:
Lessee shall be entitled to use 48 total stalls, which shall be located at the rear of the project as shown on Exhibit H. Lessee and their employees, suppliers, quests,
visitors, shippers, customers or invitees shall only use these parking stalls.
4. Utilities
Lessor shall place the utilities for the entire building under Lessor’s name and each Lessee shall be responsible for their
pro-rata share of such xxxx. Lessee’s pro-rata share of the building is 65.1%. Lessor shall xxxx back to Lessee the amount due on a monthly basis and Lessee shall have seven (7) business days to make payment to Lessor.
Should, at any time during the term of the Lease, a portion of the building become vacant, Lessee shall be responsible for the
utilities based on their pro-rata share of the total space occupied, at that time, in the building.
All other term and condition from the Lease and prior Amendments shall remain in full force and
effect.
AGREED AND ACKNOWLEDGED:
Lessor: 0000 XXXX XXXXXXXX XXXX, LLC
| By: |
/S/ XXXXX
XXXXXXX | |
Date: 12/19/01
Lessee: CLICKACTION, INC.
| By: |
/S/ XXXXXX
XXXXX | |
Date: 12/19/01
