BASIC LEASE INFORMATION LEASE DATE. For identification purposes only, the date of this Lease is August 15, 1997 LANDLORD: PENINSULA OFFICE PARK ASSOCIATES, L.P., a California limited partnership TENANT: SECURITY DYNAMICS TECHNOLOGIES, INC., a Delaware corporation PROPERTY: Peninsula Office Park Nine PROJECT: Peninsula Office Park BUILDING ADDRESS: 2955 Campus Drive, San Mateo, CA 94403 RENTABLE AREA OF BUILDING: Approximately 124,194 rentable square feet PREMISES: Floor: Four Suite Number: 400 Rentable Area: approximately 31,397 rentable square feet TERM: Ten (10) Years SCHEDULED COMMENCEMENT DATE: June 1, 1998 EXPIRATION DATE: The day preceding the Tenth (10th) anniversary of the Commencement Date BASE RENT: $2.42 per rentable square foot per month (subject to adjustment pursuant to the provisions of Section 35 below) from the Commencement Date through the day preceding the second anniversary of the Commencement Date. Thereafter, Base Rent shall be increased in accordance with the provisions of Section 35 below. BASE YEAR: This is a net lease where Tenant is responsible for Tenant's Share of Additional Rent in accordance with the applicable provisions of the Lease. Therefore, the term Base Year is not used in this Lease. TENANT'S SHARE: 25.3% -1- 5 SECURITY DEPOSIT: $30,000.00 (in cash or a letter of credit). Any letter of credit shall be subject to the provisions of Section 36 below. LANDLORD'S ADDRESS Peninsula Office Park FOR PAYMENT OF RENT: File 72882 P.O. Box 61000 San Francisco, CA 94161-2882 BUSINESS HOURS: 8:00 a.m. to 6:00 p.m. Monday - Friday (excluding Holidays) LANDLORD'S ADDRESS PENINSULA OFFICE PARK ASSOCIATES, L. P. FOR NOTICES: c/o William Wilson & Associates 2929 Campus Drive, Suite 145 San Mateo, CA 94403 Attention: Property Management with a copy to: PENINSULA OFFICE PARK ASSOCIATES, L. P. c/o William Wilson & Associates 2929 Campus Drive, Suite 450 San Mateo, CA 94403 Attn: General Counsel TENANT'S ADDRESS 20 Crosby Drive FOR NOTICES: Bedford, MA 01730 BROKER(S): Colliers Parrish, Inc. GUARANTOR(S): (None) PROPERTY MANAGER: William Wilson & Associates 2929 Campus Drive, Suite 145 San Mateo, CA 94403 ADDITIONAL PROVISIONS: 35. COST OF LIVING ADJUSTMENTS 36. LETTER OF CREDIT 37. PARKING 38. EXTENSION OPTION 39. RIGHT OF FIRST OFFER 40. FITNESS CENTER 41. SIGN ON MONUMENT 42. ROOFTOP EQUIPMENT -2- 6 EXHIBITS: --------- Exhibit A - 1: The Premises Exhibit A - 2: The Building Exhibit B: Construction Rider Exhibit C: Building Rules Exhibit D: Additional Provisions Exhibit E: ...
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BASIC LEASE INFORMATION LEASE DATE. November 18, 1998 TENANT: SYNCHRONICITY, INC., a Massachusetts corporation LANDLORD: W9/PHC REAL ESTATE LIMITED PARTNERSHIP, a Delaware limited partnership PREMISES: Suite No. 1300 in the office building commonly known as 160 West Santa Clara Street (the "BUILDING"), and whose street address is 160 West Santa Clara Street, San Jose, California, 95113. The Premises are outlined on the plan attached to the Lease as Exhibit A. The land on which the Building is located (the "LAND") is described on Exhibit B. The term "Building" includes the related land, driveways, parking - facilities, and similar improvements. TERM: Approximately sixty (60) months, commencing on January 1, 1999 (the "COMMENCEMENT DATE") and ending at 5:00 p.m. on the last day of the sixtieth full calendar month following the Commencement Date (the "TERM" which definition shall include all renewals of the initial term), subject to adjustment and earlier termination as provided in the Lease. OPTION: One (1) option for forty-eight (48) months BASIC RENT: Basic Rent shall be the following amounts for the following periods of time: LEASE MONTH MONTHLY BASIC RENT Months 1-12 $20,138.10 Months 13-24 $20,915.36 Months 25-36 $21,763.28 Months 37-48 $22,681.86 Months 49-60 $23,529.78 As used herein, the term "LEASE MONTH" shall mean each calendar month during the Term (and if the Commencement Date does not occur on the first day of a calendar month, the period from the Commencement Date to the first day of the next calendar month shall be included in the first Lease Month for purposes of determining the duration of the Term and the monthly Basic Rent rate applicable for such partial month). SECURITY DEPOSIT: $23,529.78, plus a letter of credit in the amount of $70,590.00. RENT: Basic Rent, Tenant's Proportionate Share of Taxes, Tenant's share of Additional Rent, and all other sums that Tenant may owe to Landlord or otherwise be required to pay under the Lease. PERMITTED USE: Sales, marketing, and general office use. TENANT'S PROPORTIONATE SHARE: 3.34%, which is the percentage obtained by dividing the 7,066 rentable square feet in the Premises by the 211,757 rentable square feet in the Building. Landlord and Tenant stipulate that the number of rentable square feet in the Premises and in the Building set forth above shall be binding upon them. EXPENSE STOP: Actual Operating Costs for calendar year 1999 BASE YEAR: 1999 INITIAL LIABILITY INSURANCE AMOUNT: $3,000,000.00 MAXIMUM CONSTRUCTION ALLOWANCE: $5.0...