EXHIBIT 10.11A
SECOND AMENDMENT TO LEASE AGREEMENT DATED
SEPTEMBER 6, 1995 AND AMENDMENT ON OCTOBER 20, 1995, ENTERED INTO BY
AND BETWEEN RESEARCI I GROVE ASSOCIATES, A VI RG I XXX XX MITED
PARTNERSIHIP, AS LANDLORD
AND AXENT TECHNOLOG IES, INC.,
A DELAWARE CORPORATION, (Succcssor-ln-Interest to RAXCO, Inc.) AS TENANT
THIS SECOND AMENDMENT TO LEASE AGREEMENT is made this 18 Day of September
1998, by and between Research Grove Associates, A Virginia Limited Partnership
("Landlord"), and AXENT Technologies, Inc. a Delaware Corporation (Successor
In-Interest to RAXCO, Tue.) (herein after referred to as "Tenant")
RECITALS:
R-1. Landlord and Tenant entered into a Lease Agreement dated September 6,
1995 and Amended on October 20, 1995 (the "Lease"), whereby Tenant
leased from Landlord approximately 13,508 rentable square feet of space
in Landlord's building commonly known as Research West II, 0000
Xxxxxxxx Xxxxxxxxx, Xxxxxxxxx, XX 00000 for a term commencing October
9, 1995, and ending February 28, 1999 as more particularly described in
the Lease.
R-2. Tenant now desires to increase the size of the Demised Premises and to
lease from Landlord effective the later of October I, 1998 or the date
Landlord tenders possession of that certain portion of the second (2nd)
floor containing approximately 12, 850 rentable square feet ("First
Expansion Space") as shown on Exhibit "A-I " which is attached hereto
and made a part hereof. This suite shall be known as suite 250.
R-3. Landlord and Tenant desire to extend the Term of the Lease upon the terms
set forth herein.
R-4 Landlord desires to provide Tenant with a credit for leasehold
improvements.
NOW THEREFORE in consideration of the Demised Premises, (the sum of ten
dollars ($10.00) and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, Landlord and Tenant
do hereby agree as follows:
1. Recitals: The recitals are incorporated herein by this reference.
2. Term: The Term of the Lease for Suites 200 and 250 is hereby
extended through the last day of February 2004.
3. Premises: Effective as of the later of October 1, 1998 or the date
Landlord tenders possession of the First Expansion Space to Tenant, Section
1 of the Lease is hereby amended to reflect that the First Expansion Space
(as shown on Exhibit "A-1" which is attached hereto and made a part hereof
containing approximately 12, 850 rentable square feet of space), shall be
added to and become part of the Demised Premises, whereupon the Demised
Premises shall contain a total of 26,358 rentable square feet of space.
4. Rent:
A. Minimum Rent (as defined in Section 3 of the Lease), for the First
Expansion Space shall be as follows: First Expansion Space through February
28, 1999, the annual Minimum Rent for the First Expansion Space shall be
Three Hundred Fourteen thousand Eight Hundred Twenty Five and xx/I 00
Dollars ($314,825.00), payable in advance on the first day of the month in
installments of Twenty Six Thousand Two Hundred Thirty Five and 42/100
Dollars ($26,235.42).
B. Effective March I, 1998, the annual Minimum Rent for the
Demised Premises (which includes the First Expansion Space) shall be
Six Hundred Forty Five Thousand Seven Hundred Seventy One and xx/l 00
Dollars ($645,771.00) payable in advance on the first day of the month
in installments of Fifty Three Thousand Eight Hundred Fourteen and
25/100 Dollars ($53,814.25).
5. Pro Rata
Share
Pro Xxxx Share:
Improvement
6.Improvement
Allowance:
7. Ratification
Ratification:
Tenant's Pro Rata Share upon commencement of the Term of the First Expansion
Space Premises shall be Twenty-One and 21/100 Percent (21.21%).
The Tenant Improvement Allowance for the Demised Premises shall be Three Hundred
Ninety Five `thousand Three Hundred Seventy live Dollars ($395,370.00), payable
March 1,1999 within thirty (30) days of the date Landlord tenders possession of
the First Expansion Space to `Tenant.
Except as modified herein above, the L.ease shall remain in full force and
effect in accordance with its terms, and is hereby ratified, adopted and
confirmed by Landlord and Tenant.
IN WITNESS WHEEREOF, Landlord and Tenant have caused this Second
Amendment to be executed by their duly authorized representatives as of the date
first above written.
WITNESS: LANDLORD: Research Grove Associates, A
Virginia Limited Partnership
/s/ Xxxx X. Xxxxx
By: Xxxx X. Xxxxxx,
Managing General Partner
WITNESS: TENANT: AXENT Technologies, Inc
/S/ Xxxxxx X. Xxxxxxx, Xx.
Name: Xxxxxx X. Xxxxxxx, Xx.
Title: VP and CFO
