FIRST AMENDMENT OF LEASEOf Lease • February 27th, 2015 • CyberArk Software Ltd. • Services-prepackaged software
Reference is hereby made to the Lease dated October 28, 2013 as effected by the Term Commencement letter dated January 31, 2014 (the “Lease”) between Wells 60 Realty LLC (“Landlord”), and Cyber-Ark Software, Inc. (“Tenant”) pursuant to which Lease Tenant rented from Landlord premises located on the first floor of the Building as more particularly described in the Lease (called herein the “Suite 103 Premises”). The purpose of this First Amendment of Lease is to document the terms of Tenant (i) extending the Initial Term of the Lease of the Premises, and (ii) leasing additional space on the first floor of the Building as more particularly depicted as Suite No. 102 on Exhibit A attached hereto, and as further described below. Capitalized terms used herein and not otherwise defined shall have the same meanings as set forth in the Lease.
English Language Summary of New Office Lease AgreementOffice Lease Agreement • February 27th, 2015 • CyberArk Software Ltd. • Services-prepackaged software
Reference is made to the lease agreement (the “Original Lease”), by and between Azorei Mallal Industries Ltd. (the “Landlord”) and CyberArk Software Ltd. (the “Company”), regarding the Company’s office space in Israel. The Landlord intends to build a new real-property project, including four new office buildings situated at the same location as the Original Lease. On February 26, 2015, the Company signed a new lease agreement with the Landlord (the “New Lease”).
