EXHIBIT 10.13
This FIRST AMENDMENT TO LEASE (this "Amendment") is made this 5th day
of August, 1997, by and between WRC PROPERTIES, INC. ("Landlord") and ICOS
CORPORATION ("Tenant").
RECITALS
Landlord is landlord and Tenant is the tenant under that certain Lease
dated for reference purposes December 20, 1996 (the "Premier South Lease"), for
premises located at 00000 00xx Xxxxxx X.X., Xxxxxxx, Xxxxxxxxxx 00000 (the
"Premises"). The legal description of the land on which the Premises is located
is attached hereto as Exhibit A.
Tenant simultaneously leases from Landlord in the same building as the
Premises, space consisting of 1,511 rentable square feet (the "1,511 RSF Space")
pursuant to a lease between Landlord and Tenant dated for reference purposes
February 26, 1992, as amended by First Amendment dated for reference purposes
August 21, 1992 (the "Premier North Lease").
By amendment to the Premier North Lease executed simultaneously
herewith, Landlord and Tenant have agreed that, effective September 15, 1997,
the 1,511 RSF Space shall be deleted from the premises under the Premier North
Lease. Landlord and Tenant agree that effective September 15, 1997, the 1,511
RSF Space shall be added to the Premises under the Premier South Lease and
simultaneously therewith the Base Monthly Rent and pro rata charges based on
Tenant's square footage under lease shall be adjusted to reflect the addition of
the 1,511 RSF Space.
Except as specifically provided herein, all capitalized terms shall
have the meanings assigned in the Premier South Lease.
AGREEMENT
NOW, THEREFORE, for good and valuable consideration, the parties hereto
agree as follows:
Effective September 15, 1997, the 1,511 RSF Space shall be added to the
Premises under the Premier South Lease. With such addition, the rentable square
footage of the Premises under the Premier South Lease is 17,496 square feet and
all charges under the Premier South Lease based on Tenant's pro rata square
footage under lease shall reflect that square footage.
The Base Monthly Rent schedule for the Premier South Lease shall be as
follows, provided that the schedule shall not apply to any period prior to
September 15, 1997, such prior period being governed by the Premier South Lease
without reference to this First Amendment:
Months Amount
1-36 $17,924.00
37-60 $19,475.00
61-85 $20,681.00
Except as specifically provided herein, the Premier South Lease is and
remains in full force and effect.
LANDLORD:
WRC PROPERTIES, INC.,
a Delaware corporation
By: /s/ Xxxxx Xxxxxxxx
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Xxxxx Xxxxxxxx
Its: Assistant Secretary
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TENANT
ICOS Corporation,
a Washington corporation
By: /s/ Xxxx Xxxxxx
----------------------------
Its: Executive Vice President, Operations
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STATE OF NEW YORK )
) ss.
COUNTY OF NEW YORK )
I certify that I know or have satisfactory evidence that the person
appearing before me and making this acknowledgement is the person whose true
signature appears on this document.
On this _____ day of 1996 before me personally appeared Xxxxx Xxxxxxxx
to be known to be the Assistant Secretary of WRC Properties, Inc., the
corporation that executed the within and foregoing instrument, and acknowledged
the said instrument to be the free and voluntary act and deed of such party for
the uses and purposes mentioned in the instrument.
Dated this _________ day of _________________________, 19_____.
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(Signature)
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(Print Name)
Notary Public, in and for the State
of Washington, residing at _____________
My Commission Expires ______________
STATE OF WASHINGTON )
) ss.
COUNTY OF SNOHOMISH )
I certify that I know or have satisfactory evidence that Xxxx Xxxxxx
signed this instrument, on oath stated that (he/she) was authorized to execute
the instrument and acknowledged it in (his/her) capacity as Executive Vice
President, Operations of ICOS CORPORATION to be the free and voluntary act of
such party for the uses and purposes mentioned in the instrument.
Dated this 7th day of August, 1997.
/s/ Xxxx X. Xxxxxx
-----------------------------------
(Signature)
Xxxx X. Xxxxxx
-----------------------------------
(Print Name)
Notary Public, in and for the State
of Washington, residing at Bothell
My Commission Expires 10-19-00
EXHIBIT A
LEGAL DESCRIPTION - (Premier North and South)
SECTION 30, TOWNSHIP 27 NORTH, RANGE 5 EAST, X.X., SNOHOMISH COUNTY, WASHINGTON,
RECORDED UNDER AF #8505105032 BEING A PORTION OF NE1/4 SE1/4 SECTION 30 TOWNSHIP
27 RANGE 5 EAST AND PORTION NW1/4 SW1/4 SECTION 29 TOWNSHIP 27 RANGE 5 EAST.
Cross hatched area denotes Project.
[MAP OF CANYON PARK BUSINESS CENTER]
