SECOND AMENDMENT to that certain Lease dated August 15, 1994, together
with its Addendum, Second Addendum and First Amendment dated May 10, 1996,
copies of which are attached hereto and made a part hereof, between Waterfront
Tower Partners, L.P. Landlord and SERENA Software International, formerly known
as SERENA Consulting, Incorporated. Tenant.
Now therefore:
The above referenced Lease, its addendums and First Amendment thereto remain in
full force and effect except as herein set forth:
1. An additional 4,546 square feet of rentable space is hereby added to
the presently contracted 17,322 square feet for a total of 21,868 square feet.
Said 4,546 square feet is located on the third floor at 000 Xxxxxxx Xxxxxxxxx,
Xxxxxxxxxx, Xxxxxxxxxx, 00000, known as Suite 318 and is shown on Exhibit A
attached hereto. Estimated occupancy date is October 1, 1996. Actual occupancy
date is NOVEMBER 1, 1996.
2. This lease for the additional 4,546 square feet will be coterminous
with the lease terms set forth in the above referenced First Amendment. The rent
schedule for additional 4,546 square feet will be as follows:
MONTHLY OF TERM MONTHLY RENT
1 - 12 $7,273.60 ($1.60/sq.ft.)
13 - 24 $7,500.90 ($1.65/sq.ft.)
25 - 36 $7,728.20 ($1.70/sq.ft.)
37 - 40 $7,955.50 ($1.75/sq.ft.)
Bal. of Term $8,182.80 ($1.80/sq.ft.)
A summary of the rent schedule for the total square footage of 21,868 is
attached as Exhibit 'B'. This summary will blend the above rent schedule with
existing rent payments and will be modified to conform with the date of
occupancy of Suite 318 and go into effect as of said occupancy date.
3. The new space will be improved with Landlords Standard Tenant
Improvements as shown on final plans approved by both parties and made a part
hereof. Unless otherwise provided for in said plans, Landlord will complete work
at Landlords expense.
4. An additional Security Deposit of $7,273.60 shall be paid by Tenant to
Landlord upon execution of this Amendment by both parties.
5. Direct expense Base Year to be 1996. Tenant's percentage of building
space upon occupancy of 4,546 square feet will be 21.8%.
6. Landlord is not represented by a Broker and is not liable for any
brokerage fees unless otherwise provided herein.
7. Upon occupancy of the additional 4,546 square feet an additional four
covered parking spaces will be reserved for Tenant at a monthly rental of
$100.00. This brings the total of tenant's covered parking spaces provided as
referenced in Exhibit E of our Lease to 15. Tenant shall be responsible for the
cost of the signs which designate each additional space.
We the undersigned, hereby agree to the terms and conditions herein set forth.
Date: August 20, 1996 Date: 8/24/96
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Tenant Landlord
SERENA Software International Waterfront Tower Partners L.P.
formerly known as SERENA by Peninsula Office Mgmt. Inc.
Consulting Incorporated General Partner
by /s/ Xxxxxxx X. Xxxxxx by /s/ Xxxxxx X. Orphan
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Xxxxxxx X. Xxxxxx Xxxxxx X. Orphan
President and CEO General Partner & President
EXHIBIT A
[IMAGES OMITTED]
EXHIBIT B
SERENA SOFTWARE LEASE
TERM AND MONTHLY RENT SUMMARY
Original Square Footage Add Space 2nd Floor Add Space 3rd Floor Monthly Rent
Term Dates No. of Months 15,594 1,738 4,546 21,878
02/01/95-01/31/96 12 $1.25 $19,492.50 $19,492.50
02/01/96-07/31/96 5 $1.30 $20,272.20 $20,272.20
Beginning New 60 Month Lease Term
08/01/96-10/31/96 3 $1.30 $20,272.20 $1.60 $2,780.80 $23,053.00
11/01/96-01/31/97 3 $1.30 $20,272.20 $1.60 $2,780.80 $1.60 $7,273.60 $30,326.60
02/01/97-09/30/97 8 $1.35 $21,051.90 $1.65 $2,867.70 $1.60 $7,273.60 $31,193.20
10/01/97-01/31/98 4 $1.35 $21,051.90 $1.65 $2,867.70 $1.65 $7,500.90 $31,420.50
02/01/98-09/30/98 8 $1.40 $21,831.60 $1.70 $2,954.60 $1.65 $7,500.90 $32,287.10
10/01/98-01/31/99 4 $1.40 $21,831.60 $1.70 $2,954.60 $1.70 $7,728.20 $32,514.40
02/01/99-09/30/99 8 $1.50 $23,391.00 $1.75 $3,041.50 $1.70 $7,728.20 $34,160.70
10/01/99-01/31/00 4 $1.50 $23,391.00 $1.75 $3,041.50 $1.75 $7,955.50 $34,388.00
02/01/00-09/30/00 8 $1.55 $24,170.70 $1.80 $3,128.40 $1.75 $7,955.50 $35,254.60
10/01/00-01/31/01 4 $1.55 $24,170.70 $1.80 $3,128.40 $1.80 $8,182.80 $35,481.90
02/01/01-07/31/01 6 $1.60 $24,950.40 $1.85 $3,215.30 $1.80 $8,182.80 $36,348.50
