Exhibit 10.1.1
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Great Oaks Properties
00000 Xxxxxxxx Xxxxxx XXXXX XXXXXX
Xxx Xxxxxx, XX 00000 Project Manager
(000) 000-0000
Fax (000) 000-0000
ADDENDUM #7
TO STANDARD INDUSTRIAL /COMMERCIAL MULTI-XXXXXXX LEASE- GROSS
DATED JUNE 1, 2000
FOR 00 XXXXX XXXX XXXX., XXX XXXX, XX
FOR SUNRISE TELECOM, INC.
By mutual agreement, Sunrise Telecom, Inc. and Great Oaks Properties agree to
remove from the lease, dated June 22, 1999, the upstairs portion of the lease
area (29,775 sq ft) with appurtenant first floor lobby area, staircase and
elevator only. Sunrise Telecom, Inc. to maintain it's possession of the first
floor, less the lobby area, staircase and elevator, at 00 Xxxxx Xxxx Xxxx.,
subject to the lease terms. The effective date of this addendum is March 5-
2002.
Conditions for release of Sunrise Telecom, Inc second floor lease agreement are:
A. Sunrise will remove the door and doorjamb, and close the opening under
the stair on the first floor lobby.
B. Secure the door into the Sunrise manufacturing area from the lobby.
C. Reinstall the two doors on the second floor at the elevator and stair
to the lobby. These doors are to be fire-rated and must be installed
to meet the Fire Xxxxxxxx'x requirements.
D. Since the electrical meter reads usage for the second floor and first
floor of Sunrise Telecom, Inc., Great Oaks Properties will pay the
PG&E electrical charges only. The monthly rent will be increased by
$4,400 per month to reflect these charges based on an estimated 30,000
KWH per month and an 8 hour per day/ 5 days per work week on just the
first floor at a PG&E rate of .147 per KWH. This change will be
effective March 5, 2002 at the change of the PG&E billing to Great
Oaks Properties.
E. Sunrise Telecom, Inc. agrees that it shall not give notice under
Addendum 5 as to the remaining first floor space before July 5, 2002.
F. Great Oaks Properties shall have unrestricted rights to show the
second floor area to prospective tenants following the execution of
this Lease Addendum #7.
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G. All other conditions of the lease shall remain in full force.
H. Sunrise to install exit signs and emergency lighting as per code to
the second floor area prior to March 5, 2002.
I. This agreement is null and void if not fully executed by Wednesday,
November 21, 2001.
Read and approved on this 20 day Read and approved on this 20 day
of November, 2001 of November, 2001.
/s/ Xxxxx X. Xxxxxx /s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxx Xxxxx X. Xxxxxxxx
General Partner Chief Financial Officer
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