1
EXHIBIT 10.22.2
[THE IRVINE COMPANY LOGO/LETTERHEAD]
December 21, 1999
Xx. Xxxxxxx X. Xxxxxxxx
Chairman of the Board
President & Chief Executive Officer
Western Digital Corporation
0000 Xxxxxx Xxxxxx Xxxxx
Xxxxxx, XX 00000
Dear Xxxxx:
I am in receipt of your letter dated December 20, 1999 wherein you ask that we
defer the date by which Western Digital must notify The Irvine Company of your
desire to extend the lease term. This letter shall serve to modify our existing
agreement (Second Amendment to Lease) dated January 6, 1999 as follows: (i) in
that the "Commitment Notice" must be received by Landlord no later than January
28, 2000 and (ii) the Term of the lease shall be extended to expire on midnight
January 31, 2001.
Xxxxx, to the extent that your lease status can be resolved in January, we may
well be able to backfill floors 8-15 given the current level of tenant demand
for space and the lack of mid-rise office space in Irvine Spectrum. For example,
the former AT&T building adjacent to your headquarters is now 98% leased with
prospects to go to 100% in the next sixty days. It would be our desire to stage
your downsizing to occur from the lowest floor (8) first, and move up in a
contiguous fashion. We believe this would enable us to lease this space faster
than if we have to lease from 15 down.
To be effective, we need to receive a signed copy of this letter agreement prior
to December 31, 1999.
2
Xx. Xxxxxxx X. Xxxxxxxx
December 21, 1999
Page Two
Best wishes for a Happy Holiday Season
Sincerely,
/s/ Xxxxxxx X. Xxx The above Terms are agreed to by:
--------------
RGS:cf
cc: Xxxxxxx X. Xxxxxxx Western Digital Corporation
Xxxxx Xxxxxxx
By: /s/ Xxxxxxx X. Xxxxxxxx 12-22-99
------------------------
It's Authorized officer
