FIRST AMENDMENT TO LEASE AMB U.S. LOGISTICS FUND, L.P. August 12,2010
Exhibit 10.02
FIRST AMENDMENT TO LEASE
AMB U.S. LOGISTICS FUND, L.P.
August 12,2010
0000 Xxxx Xxxxxx, Xxxxx Xxxxx
Xxxxxxxxx, Xxxxxxxx 00000
Re: | Industrial Lease Agreement dated as of October 19, 2006, by and between AMB U.S. Logistics Fund, L.P., successor in interest to Marley Neck 3R, LLC, as Landlord, and Under Armour, Inc., as Tenant, pertaining to approximately 308,220 square feet of space (the “Premises”) located at 0000 Xxxx Xxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxx (the “Lease”) |
Dear Tenant:
This letter shall serve to confirm the agreement of Landlord and Tenant to amend the Lease as follows:
1. Effective immediately, Section 62 of the Lease is hereby deleted in its entirety.
2. Effective immediately, all notices required to be delivered to Landlord under the Lease shall be delivered to AMB Property Corporation, 00 Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxx, Xxxxxxxxxxxxx 00000, Attention: Xxxxxx X. Xxxxxxx, with a copy to AMB Property Corporation, 0000X Xxxxxx Xxxx, Xxxxxxxx, Xxxxxxxx 00000, Attention: Xxxx X. Xxxxxxx. All payments under the Lease owing to Landlord shall be payable to Landlord at X.X. Xxx 0000, Xxxxxxxxxx, Xxx Xxxx 00000-0000. All notices required to be delivered to Tenant under the Lease shall be delivered to: 0000 Xxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx 00000, Attention: Xxxxx Xxxxx, with a copy to 0000 Xxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxx 00000, Attention: Legal Department.
3. Tenant has no option, right of first refusal, right of first offer, or other right to renew, extend, lease additional space, or purchase any part of the Premises or Building except as provided in Section 2.2 of the Lease.
Except as modified hereby, the Lease shall remain unchanged and in full force and effect. Capitalized terms not defined herein shall have the meanings ascribed to such terms in the Lease.
Please sign where indicated below to acknowledge your agreement as to the foregoing matters. In the meantime, please contact me with any questions.
[Remainder of page intentionally left blank; signatures appear on following page]
Very truly yours, | ||
AMB U.S. LOGISTICS FUND, L.P., | ||
a Delaware limited partnership | ||
By: | AMB PROPERTY, L.P., a Delaware limited partnership | |
Its: | General Partner | |
By: | AMB PROPERTY CORPORATION, | |
a Maryland corporation | ||
Its: | General Partner | |
By: | /s/ Xxxx X. Xxxxxxx | |
Xxxx X. Xxxxxxx | ||
Its: | Vice President, Operations and Leasing |
THE FOREGOING TERMS AND CONDITIONS OF THIS FIRST AMENDMENT TO LEASE ARE ACKNOWLEDGED AND AGREED TO ON BEHALF OF TENANT AS OF THIS 12TH DAY OF AUGUST 2010. | ||
a Maryland corporation | ||
By: | /s/ Xxxxx Xxxxx | |
Name: | Xxxxx Xxxxx | |
Its: | Executive V.P., Business Development |