Exhibit 10.12
SECOND AMENDMENT OF LEASE
This Second Amendment of Lease made this 27th day of May, 1999 by and between
the HEGA Realty Trust, with an address of c/o Dirigo Management Company, Xxx
Xxxx Xxxxxx, Xxxxxxxx, Xxxxx, 00000 ("Landlord"), and Systems Consulting
Company, Inc. having a mailing address of 000 Xxxxxxxx Xxxxxx, Xxxxx 000,
Xxxxxxxx, Xxxxx 00000 ("Tenant").
WHEREAS, Landlord and Tenant entered into a lease dated May 24, 1996 (the
"Original Lease") with respect to Tenant's occupancy of 22,991 square feet known
as Suites 500, 501, and 404 (the Premises") located at 000 Xxxxxxxx Xxxxxx,
Xxxxxxxx, Xxxxx; and
WHEREAS, Xxxxx 000 located at 000 Xxxxxxxx Xxxxxx consisting of 5,265 square
feet has also been leased as described in "First Amendment of Lease"
(collectively, with the Original Lease, the "Lease"); and
WHEREAS, Landlord and Tenant entered into a lease dated September 25, 1997 (the
"Second Lease"), with respect to Tenant's occupancy of 830 square feet known as
Suite 406 located at 000 Xxxxxxxx Xxxxxx, Xxxxxxxx, Xxxxx, and the term of the
Second Lease ends concurrently with the Original Lease; and
WHEREAS, the parties hereto desire to extend the term of the Lease by one year
for Suites 500, 501, 404, and 533 in the building at 000 Xxxxxxxx Xxxxxx and to
include in Tenant's Space under such extended term of the Lease, Suite 406 in
the building at 537 Congress;
NOW THEREFORE, for valuable consideration the receipt and sufficiency of which
the parties hereby acknowledge, the parties agree effective November 1, 1999,
the Lease shall be amended as follows:
1. In Article I, TERM, the following words shall be substituted;
"(a) Four (4) Years with respect to all space under the Original
Lease;
(b) For the term commencing March 1, 1999, terminating on
October 31, 2000 with respect to Suite 533; and
(c) For the term commencing November 1, 1999, terminating October
31, 2000 with respect to Suite 406."
2. In Article I, TENANT'S SPACE, the following words shall be substituted;
"Suites 500, 501, 404, 406 and 533 (Tenant also has access and use
of the basement area from 3/1/99 to 10/31/00)"
3. In Article I, BASE RENT, the following words shall be substituted;
"11/1/96 -- 10/31/97: $11,495.50 per month ($6.00 psf)
11/1/97 -- 10/31/98: $15,672.20 per month ($8.18 psf)
11/1/98 -- 2/28/99: $19,504.03 per month ($10.18 psf)
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3/1/99 -- 10/31/99: $23,014.03 per month ($9.77 psf)
11/1/99 -- 10/31/00: $26,073.21 per month ($10.76 psf)"
4. In Article I, RENTABLE FLOOR AREA OF TENANT'S SPACE, the following words
shall be added; "Approximately 29,086 square feet"
5. In Article V, LANDLORD COVENANTS, the following words shall be substituted
in paragraph (a) "Heating and cooling for suites 500, 501, and 404, for
the term ending October 31, 2000; Commencing November 1, 1999, heating and
cooling of the Tenant's Space shall be the Tenant's responsibility as
provided in Article VI below."
6. In Article VI, TENANT COVENANTS, the following words shall be added to the
end of paragraph (a); "Commencing November 1, 1999, for suites 500, 501,
404, 406 and 533, the Tenant agrees to pay for all charges for electricity
supplied to the leased premises used for lighting, heating, ventilating
and air conditioning (HVAC)."
Except as otherwise expressly amended, modified and provided for in this
Amendment, all of the terms and conditions of said Lease are hereby ratified and
shall be deemed to be incorporated herein and made a part hereto and shall
continue full force and effect. This document contains all the agreements of the
parties with respect to the subject matter thereof and supersedes all prior
dealing between them with respect to such subject matters.
IN WITNESS WHEREOF, the parties hereto have set their hands and seals in two
counterpart copies, each of which counter copy shall be deemed an originals for
all purposes, as of the date and year above written
/s/ [ILLEGIBLE] /s/ Xxxxx X. Xxxxxxxxx 5/27/99
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Witness LANDLORD: HEGA REALTY TRUST Date
By: Xxxxx X. Xxxxxxxxx
Authorized Agent for HEGA Realty Trust
/s/ Xxxxxx X. Xxxxxx /s/ Xxxxxx X. St. Germain 5/27/99
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Witness Systems Consulting Company Date
By: Xxxxxx X. St. Xxxxxxx
Its: Chief Financial Officer
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