THIRD LEASE AMENDMENT Dated For Reference March 11, 2002
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EX-10.2(C) 14 dex102c.htm THIRD LEASE AMENDMENT Third Lease Amendment
Exhibit 10.2(c)
THIRD LEASE AMENDMENT
Dated For Reference March 11, 2002
The undersigned parties agree as follows:
| 1) | This document amends that certain lease dated June 1, 1999, as amended by an AGREEMENT TO AMEND LEASE signed 12/16/99 and 12/17/99, and by the SECOND AGREEMENT TO AMEND LEASE dated March 14, 2000, collectively called the Lease. |
| 2) | The Lease is between 1020 Prospect Street LP, successor to Prospect Associates LLC, (The Landlord) and The Active Network, Inc., a Delaware corporation formerly known as RaceGate.com, ActiveUSA.com, and Active.com, (the Tenant), for the office space known as Suite #200 201 and 250 (being the entire second floor and herein called the Second Floor Space or Suite #250) and Suite #304 and Suite #401 (the Premises) located at 1020 Prospect Street, La Jolla, California 92037 (the Building). |
| 3) | The Term of the Lease expires July 31, 2002. The Term of the Lease as to the Second Floor Space only shall be extended for a period of thirty six (36) months, commencing August 1 2002 and ending July 31, 2005. |
| 4) | For all purposes under the Lease the Second Floor Space is agreed to have a Rentable Area of 11,010 square feet (sometimes herein called Rentable Square Feet or RSF). |
| 5) | The Monthly Base Rent for the Second Floor Space shall be as followings: |
| 12 months starting 8/1/02 | $28,075.50 | $2.55 per RSF | ||
| 12 months starting 8/1/03 | $30,277.50 | $2.75 per RSF | ||
| 12 months starting 8/1/04 | $33,580.50 | $3.05 per RSF |
| 6) | Landlord’s Address for Notice is 5090 Shoreham Place Suite 102, San Diego, CA 92122 |
| 7) | All other terms of the Lease shall remain unchanged. |
| LANDLORD: 1020 Prospect Street, LP Investors L.L.C | ||||||
| By NSD Ventures, LLC, a California Limited Liability Company, General Partner | ||||||
| By | /s/ Henry A. Gotthelf | Date | 3/19/02 | |||
| Henry A. Gotthelf, Managing Member | ||||||
| TENANT: The Active Network, Inc , A Delaware Corporation | ||||||
| By | /s/ Kourosh Vossughi | Date | 3-13-02 | |||
| Print name Kourosh Vossughi | ||||||
| Title General Counsel | ||||||
