Amendment to Lease Agreement between BEBOB Associates and Internet Capital Group, Inc.

Contract Categories: Real Estate Lease Agreements
Summary

This amendment, effective February 1, 2000, updates the lease between BEBOB Associates (Landlord) and Internet Capital Group, Inc. (Tenant) to add 573 square feet to the leased premises, with the lease term for this space running until December 31, 2004. The Tenant will pay a total base rent of $54,936.67, or $934.13 per month, and is responsible for certain tax and operating expense increases and all improvements to the new space. All other terms of the original lease remain unchanged.

EX-10.4 5 0005.txt AMENDMENT TO LEASE AMENDMENT TO LEASE ------------------ This is an Amendment made this 1st day of February, 2000, by and between BEBOB ASSOCIATES ("Landlord") and INTERNET CAPITAL GROUP, INC. ("Tenant"). W I T N E S S E T H ------------------- WHEREAS, Landlord and Tenant entered into an Agreement of Lease dated January 2000 for a 15,000 rentable square foot portion of Building 600 for a period of Five (5) years terminating December 31, 2004; and WHEREAS, Landlord and Tenant agree that Tenant shall lease from Landlord the 573 square feet as shown on the attached plan commencing February 1, 2000; and terminating December 31, 2004. NOW, THEREFORE in consideration of the mutual covenants contained herein, and intending to be legally bound hereby, the parties agree to amend said Lease effective February 1, 2000, as follows: 1. The term of the Lease for the 573 square feet shall be from February 1, 2000 to December 31, 2004. 2. The total base rental for the 573 square feet shall be Fifty-Four Thousand Nine Hundred Thirty-Six and 67/100 Dollars ($54,936.67). 3. The Monthly Base rental for the 573 square feet shall be Nine Hundred Thirty-One and 13/100 Dollars ($934.13). 4. Payment for increases in Real Estate Taxes and/or Operating Expenses over $5.50/square foot for this 573 square feet will begin as of February 1, 2000, based upon the percentage of the phase of Safeguard Corporate Campus in which the 573 square feet is situated, that percentage being 1.4%. 5. All improvements for the 573 square feet will be paid by the Tenant and will be due and payable as of February 1, 2000. 6. All other terms and conditions as contained in said Lease shall remain the same, except as herein modified. INTERNET CAPITAL GROUP, INC. BEBOB ASSOCIATES By: /s/ Henry N. Nassau By: /s/ Gerry Wilk ---------------------------------- ----------------------------- Henry N. Nassau Gerry Wilk Attest: Attest: - ------------------------------------- ---------------------------------