Exhibit 10.25
OFFICE SUBLEASE, AS AMENDED
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ROOFTOP SPACE LICENSE FOR COMM EQUIPMENT, AS AMENDED
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This amendment pertains to the Office Sublease of June 1, 1998, between Phase 1
Incubator, Inc. (Phase 1), and SkyCache, Inc. (now Cidera, Inc.) and to the
Rooftop Space License for Communications Equipment of the same date between the
same parties. These amendments provide:
1. Effective the first of the month after execution of this amendment, the
lease rate shall rise to $15.00 per square foot per year on space
utilized by Cidera, Inc. ("Cidera"), at 000 Xxxxxx Xxxxxx, Xxxxxx,
Xxxxxxxx.
2. Cidera's present space utilization includes:
Office 1, 20'x10'=200 square feet
Office 3 (presently the NOC), 19'x25'=475 sq ft
Office 8 (Engrg), 24'x13'=312 sq ft
Storeroom, 19'x9'=171 sq ft
"Orange Room" 29'x12'=348 sq ft
Office 22 (upstairs), 17'x17'=289 sq ft
Total: 1,795 square feet at present
Based upon above utilization, monthly rate shall become
$2,243.75
3. This agreement shall terminate August 31, 2004, coteminus with the land
lease agreement with Xxxxxxxx'x.
4. At any time, Cidera may surrender any full room back to Phase 1 and the
monthly rate shall be adjusted on the following first of the month. In
any event, Cidera shall have a maximum of one year's continued use of
the "Orange Room."
5. From time to time and at the sole discretion of Phase 1, average energy
consumption readings from Cidera's use of the above rented space may be
taken, and Phase 1 shall be reimbursed for such energy consumption.
6. In the event that Cidera desires security enhancements to the building
and/or the Cidera space, Cidera shall make the arrangements for such
installation and shall be responsible for the cost.
7. Phase 1 has the right to require that the uses presently found in Office
1, 3, 8, and the Storeroom be moved by Cidera to the second floor of the
building at Cidera expense, upon sixty (60) day notice. Phase 1 shall
not, however, unreasonably withhold a Cidera request for an extension of
time for such a move.
8. Cidera shall have the option to expand its roof rights using the same
per-square-foot effective rate as in the original License, consistent
with safe and effective building engineering. Phase 1 shall not
unreasonably withhold permission for such additional rights.
9. Other than for the terms and conditions contained in these amendments,
the other provisions of the original agreements remain in force. Where
there arises a conflict in terms, the amendments shall govern.
LESSOR: Phase 1 Incubator, Inc.
By:
/s/ X. X. Xxxxxx
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X. X. Xxxxxx
Title: Vice President
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LESSEE: Cidera, Inc., a Delaware
Corporation, by:
/s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
Title: Executive Vice President
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