LEASE EXTENSION
EXHIBIT 10.39
LEASE EXTENSION
CB Xxxxxxx Xxxxx Limited
#000 - 0000 Xxxx Xxxxxxx Xxxxxx
Xxxxxxxxx, XX X0X 0X0
Attention: Ms. Xxxx Xxxxxx and Xx. Xxxxx Xxxxx
Re: | Leases between Pivotal Corporation (the "Tenant") and Dunsmuir and Hornby Ltd. (the "Landlord") for the 4th and 6th floor premises of the building located at 000 Xxxxxxxx, Xxxxxxxxx, XX (the "Building") dated August 18, 2000. |
Pivotal Corporation hereby provides notice to the Landlord as per the Schedule “D” Special Provisions “Option to Extend” clauses to extend the lease of the 4th and 6th floor premises for a period of five (5) months commencing May 1, 2002 and expiring September 30, 2002 on the same terms and conditions as the 6th floor premises less the leasing commission.
Pivotal Corporation hereby exercises their Right of First Refusal as per the Schedule “D” Special Provisions of the 6th Floor Lease as follows:
Premises: | 7th Floor - approximately 12,000 square feet | |
Commencement Date: | May 1, 2002 | |
Expiry Date: | September 30, 2002 | |
Rental Rate: | Market rental rates |
A party hereto may signify its agreement to the terms hereof by facsimile transmission. A telecopy facsimile of this agreement received by a party hereto which shows the signature(s) of the authorized signatory(ies) of the other party will be good proof of execution by that other party.
DATED at North Vancouver this 30th day of October, 2001.
PIVOTAL CORPORATION
Per: [SIGNATURE ILLEGIBLE]
[SIGNATURE ILLEGIBLE]
(Authorized Signatory)
(Witness)
ACCEPTED at ____________________ this ____ day of _________________, 2001.
DUNSMUIR & HORNBY LTD.
Per:
(Authorized Signatory)
(Witness)