FIRST AMENDMENT TO AMENDED AND RESTATED OFFICE LEASE
THIS FIRST AMENDMENT TO AMENDED AND RESTATED OFFICE LEASE (this Amendment) is made and entered into as of the 29th day of June, 2018 (the Effective Date), by and between GRANITE PARK III, LTD. (Landlord), as landlord, and ALKAMI TECHNOLOGY, INC., a Delaware corporation (Tenant), as tenant.
W I T N E S S E T H:
A. Landlord and Tenant executed that certain Amended and Restated Office Lease, dated September 6, 2017 (the Lease), relating to approximately 92,480 rentable square feet of space, which includes both the Extension Premises and the Expansion Premises (collectively, the Existing Premises), located in Suites 100, 120, 200, 240, 245, 250, 260, 280, 290, 295, 380, the 10th Floor, the 9th Floor and Suite 270 of that certain building commonly referred to as Granite Park Three (the Building).
B. Terms defined in the Lease, when used herein, shall have the same meanings as are ascribed to them in the Lease, except as otherwise defined herein.
C. Landlord and Tenant now desire to amend the Lease as hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged and confessed by the respective parties hereto, Landlord and Tenant do hereby agree that the Lease is and shall be amended as follows:
1. Suite 110 Expansion Premises. Landlord and Tenant hereby agree that Tenant shall lease approximately 3,780 rentable square feet of space situated in Suite 110 of the Building (the Suite 110 Expansion Premises), effective as of the Suite 110 Expansion Premises Commencement Date (as hereinafter defined). The Suite 110 Expansion Premises shall be and become a part of the Existing Premises for all purposes under the Lease, and the Suite 110 Expansion Premises shall be as described on Exhibit B-1 attached hereto and made a part hereof for all purposes, which Exhibit B-1 attached hereto shall be inserted into the Lease as part of Exhibit B currently attached to the Lease.
2. Tenants Share. Effective as of the Suite 110 Expansion Premises Commencement Date, Section 8(i) of the BLI shall be hereby supplemented to provide that Tenants Share with respect to the Suite 110 Expansion Premises shall be 1.05%.
3. Lease Term. Landlord and Tenant hereby agree that Landlord shall lease to Tenant, and Tenant shall lease from Landlord, the Suite 110 Expansion Premises, commencing on September 1, 2018 (such date herein referred to as the Suite 110 Expansion Premises Commencement Date) and ending on December 31, 2019, unless otherwise terminated earlier pursuant to the terms of the Lease. The Suite 110 Expansion Premises shall remain ROFO Space pursuant to the terms of the Lease.
4. Basic Rent. Commencing on the Suite 110 Expansion Premises Commencement Date and ending on December 31, 2019, Landlord and Tenant hereby agree that Section 5 of the BLI shall be supplemented to provide that the Basic Rent payable with respect the Suite 110 Expansion Premises shall be as follows:
| || || || || || || || |
| || ||Annual Basic Rent PSF of |
| || ||Basic Monthly Rent || |
| ||$ ||0.00 ||* || ||$ ||0.00 ||* |
| ||$ ||27.00 || || ||$ ||8,505.00 || |
|* || |
Notwithstanding anything to the contrary, Tenant shall only be obligated to pay Tenants Share of Electrical Expenses with respect to the Suite 110 Expansion Premises from the Suite 110 Expansion