1
Exhibit 10.24
FIRST SUBLEASE AMENDMENT
TIES SUBLEASE AMENDMENT is executed as of the 29th day of October, 1997
by and between National Medical Care, Inc. ("Sublandlord") and GeoTel
Communications Corporation ("Subtenant").
WHEREAS, Sublandlord and Subtenant entered into a Sublease dated as of
February 7, 1997 (the "Sublease") for certain premises located within a building
situated at 000 Xxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx and more particularly
described in the Sublease (the "Subleased Premises");
WHEREAS, Sublandlord and Subtenant now wish to amend the Sublease;
NOW, THEREFORE, Sublandlord and Subtenant hereby amend the Sublease as follows:
I. Addendum I is deleted in its entirety and replaced with the following:
Subtenant agrees to sublease additional space comprised of approximately 19,337
square feet located on the 13th Floor of Tower II. Prior to January 1, 1998,
Subtenant shall submit to Sublandlord a floor plan of the l3th floor of Tower II
which shows cross-hatched the additional space to be subleased pursuant to this
Section 1. The aforementioned floor plan will be submitted to Landlord for
review and approval. Upon completion, the final floor plan will be initialed by
Landlord, Sublandlord and Tenant and attached hereto as Exhibit I-A. The
following terms will apply to the additional sublease space shown on Exhibit
I-A:
Effective Date: January 1, 1998
Additional Monthly Base Rent Jan. 1, 1998 - March 31, 2002 $15,308.46
April 1, 2002 - Dec. 31, 2006 $18,531.29
Subtenant shall submit plans and specifications for Initial Improvements to the
additional space in accordance with this Sublease and the Master Lease. Final
plans and specifications for the Initial Improvements herein will be attached
hereto as Exhibit I-B and made a part hereof. The additional space will be made
a part of the Subleased Premises as of the Effective Date above, and will
thereon be subject to all terms and conditions of the Sublease not inconsistent
with the terms herein.
II. Addendum II is deleted in its entirety and replaced with the following:
Subtenant agrees to sublease additional space comprised of the balance
(approximately 15,885 square feet) of the l3th Floor of Tower II. Prior to
January 1, 1998, Subtenant shall submit to Sublandlord a floor plan of the
l3th.floor of Tower II which shows cross-hatched the additional space to be
subleased pursuant to this Section II. The aforementioned floor plan will be
submitted to Landlord for review and approval. Upon completion, the final floor
plan will be initialed by Landlord, Sublandlord and Tenant and attached hereto
as Exhibit II-A. The following terms will apply to the additional sublease space
shown on Exhibit II-A:
2
-2-
Effective Date: Upon the earlier of (I) January 1, 1999 or
(ii) the date on which Subtenant occupies
the space described in this Section 11 or
any portion thereof.
Additional Monthly Base Rent: $15,223.13
Subtenant shall submit plans and specifications for Initial Improvements to the
additional space in accordance with this Sublease and the Master Lease. Final
plans and specifications for the Initial Improvements herein will be attached
hereto as Exhibit II-B and made a part hereof. The additional space described in
this Section II will be made a part of the Subleased Premises as of the
Effective Date above, and will thereon be subject to all terms and conditions of
the Sublease not inconsistent with the terms herein.
III. All other terms and conditions of the Sublease not inconsistent with
this Sublease Amendment remain in full force and effect. This First
Amendment to Sublease will be of no force and effect until consented to
by Landlord and any lender of Landlord required to give consent under
the Lease.
IN WITNESS WHEREOF Sublandlord and Subtenant have caused this First
Sublease Amendment to be executed as of the day and year above written.
GeoTel Communications Corporation National Medical Care, Inc.
By: By:
Name: Xxx Xxxxx Name: Xxxxxxxx X. Xxxxxxxxx
Title: Vice President and CFO Title: Vice President
