SECOND AMENDMENT TO THE BASIC LEASE INFORMATION AND CANYON PARK TECHNOLOGY CENTER OFFICE BUILDING LEASE AGREEMENT
Exhibit 10.8C
SECOND AMENDMENT TO THE
BASIC LEASE INFORMATION AND
CANYON PARK TECHNOLOGY CENTER
OFFICE BUILDING LEASE AGREEMENT
BASIC LEASE INFORMATION AND
CANYON PARK TECHNOLOGY CENTER
OFFICE BUILDING LEASE AGREEMENT
This Second Amendment (this “Second Amendment”) to the Basic Lease Information and Canyon Park
Technology Center Office Building Lease Agreement dated May 9, 2003 and the First Amendment thereto
(together, the “Lease”) is hereby entered into as of December 8, 2004 (the “Effective Date”) by and
between TCU PROPERTIES I, LLC, a Utah limited liability company (“Landlord”), and OMNITURE, INC., a
Delaware corporation (“Tenant”), having an office at 000 Xxxx Xxxxxxxxxx Xxxxxx, Xxxx, Xxxx 00000.
Recitals
A. Under the Lease and First Amendment, Tenant is renting from Landlord certain office and
data center space in Canyon Park Technology Center (“CPTC”) in Orem, Utah, defined as the
“Premises” in the Lease.
B. Tenant desires to expand the Premises to include an additional 15,145 rentable square feet
(“RSF”) of space in Building G at CPTC.
Agreement
Therefore, Landlord and Tenant agree as follows:
1. Commencement Date. The Commencement Date under the 2nd Amendment will be January 1,
2005 or Commencement Date on date on which the Premises are Substantially Completed. For purposes
of this Lease, “Substantially Completed” and/or “Substantial Completion” means the earlier of (a)
the date on which Tenant actually occupies the Premises, or (b) the date on which (i) Tenant
Improvements for the Premises (“Leasehold Improvements”) have been completed so that Tenant may use
the Premises for their intended purpose; (ii) Landlord has obtained authorization for occupancy of
the Premises from appropriate governmental authorities, if required; and (iii) Tenant, its
employees, agents, customers, and invitees have ready access to the Building and the Premises
through the lobby, entranceways, and hallways.
2. Definition of Premises. The definition of “Premises” under the Lease is amended by
adding additional space of approximately 15,145 RSF to the existing Premises in the Lease
as follows:
Premises G13 and G04 — 14,411 RSF of Building in 1st floor of G13
and 734 RSF of data center, office and storage space in Building basement of
G04 as shown crosshatched on Attachment A and A-1 hereto attached.
3. Rentable Area. The “Rentable Area” of the Premises shall increase from
47,915 RSF to 63,060 RSF.
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4. Rate/Annual Increases. The Basic Rate per square foot on the new Premises as
outlined in section 4 above will be $14.50 per RSF. Basic Rent shall escalate $0.50
per rentable square foot on each one-year anniversary of Lease Commencement Date.
5. Rent. Monthly and annual Basic Rent for the Additional Premises shall be
$18,299.60 monthly and $219,595.25 annually. Monthly Rent for the 2nd
Amendment Additional Space shall be due in accordance with the payment terms in the Lease.
6. Deposit. An additional security deposit equal to the last months’ Rent of
$20,823.69 shall be paid to Landlord by Tenant upon execution of this Amendment.
7. Tenant Improvements. Landlord agrees to provide, install and pay for Tenant
Improvements similar in look, quality and standard (wall type, finish, side lights, doors, paint,
carpet, lighting, cubbies, column wraps, glass walls, doors, cabling placed in cable trays and
cleaned up. etc.) as Tenant’s Premises the Building.
8. Plans, Specifications and Permits. Landlord and Tenant mutually agree that the
approved and signed floor plan hereto attached as Attachment B for Premises G13 will be the
final approved floor plans to be submitted for the final blue prints for the Premises. Tenant and
Landlord shall approve and sign the final blue prints prior to submitting them to the City of Orem
for the issuance of a building permit. Upon Landlord receiving proper building permits Landlord
will have seventy (70) days from the date of issuance to completed Tenant Improvements in each of
the Premises.
9. Construction. Landlord and Tenant agree that the Construction time line on the
Tenant Improvements shall be seventy (70) days from the date of receiving a valid building permit
on the Premises. Landlord will pay Tenant $500.00 dollars per day penalty in reduced rent until the
Tenant Improvements are completed and Tenant may occupy the Premises as described and outlined in
Section 2. Delays in Construction that are caused by Tenant change orders will not be included in
the seventy (70) day Construction period. Tenant agrees that for each day Construction is delayed
by Tenant change orders, Landlord shall receive five hundred ($500.00) dollars per day penalty from
Tenant.
10. Change Orders. Tenant shall sign and Landlord and Tenant shall approve all change
orders prior to any work be done.
11. Furniture. Landlord shall allow Tenant to use the Landlord’s Xxxxxx Xxxxxx
modular furniture at no charge to Tenant provided such furniture is not being used by Landlord or
other tenants and subject to availability. Tenant is responsible for any damage to the furniture,
normal wear and tear excepted. Not withstanding the above, Landlord agrees to provide and pay for
all Xxxxxx Xxxxxx H-legs needed for the installed office furniture provided by Landlord in the
fixed offices. Landlord agrees to provide Tenant from Canyon Park inventory and free of charge the
use following of the following modular furniture systems from Canyon Park inventory to be installed
in the permanent fixed wall offices within the Premises:
A — Xxxxxx Xxxxxx pedestal file cabinets (xxxx and black) |
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B — White boards | ||
C — Pin boards that Tenant can have recovered |
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D — Task lighting | ||
E — Shelving | ||
F — Desk drawers | ||
G — Xxxxxx Xxxxxx work surfaces (series I and series II that are slightly different tone and style) | ||
H —H-leg supports-Landlord shall purchase the H-legs |
12. Rent Abatement. Provided that Tenant is not in material breach of the Lease and no
amount of Basic Rent is past due, the Rental shall be zero for the first month of occupancy as
determined in Section 1 above. Notwithstanding any other term or condition of this Lease, Tenant
need not pay Landlord any Adjusted Rental for the Free Rent Month.
13. As-Is Condition. Tenant accepts the Premises in its existing, “as-is” condition
except for any Tenant Improvements as outlined in section 9 and section 10 above and acknowledges
and agrees that Landlord shall provide no funds for additional Tenant Improvements.
14. Same Terms. Except as amended herein, all other terms and conditions of the Lease
and 1st Amendment, as previously amended, shall remain in full force and effect.
TENANT: | ||||||||
OMNITURE a Delaware Corporation | ||||||||
By: | /s/ Xxxx Xxxxx | |||||||
Name: Xxxx Xxxxx | ||||||||
Title: CEO | ||||||||
Date: December __, 2004 | ||||||||
LANDLORD: | ||||||||
TCU PROPERTIES I, LLC | ||||||||
By: Canyon Park Management | ||||||||
Company, Inc., its Manager |
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By: | /s/ Xxxxx Xxxxxxxxx | |||||||
Name: Xxxxx Xxxxxxxxx | ||||||||
Title: Vice President | ||||||||
Date: December __, 2004 |
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