SECOND AMENDMENT TO AMENDED AND RESTATED OFFICE LEASE
THIS SECOND AMENDMENT TO AMENDED AND RESTATED OFFICE LEASE (this Amendment) is made and entered into as of the 8th day of November, 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 A&R Lease), as amended by that certain First Amendment to Amended and Restated Office Lease, dated June 29, 2018 (the First Amendment) (the A&R Lease and the First Amendment, collectively, the Lease), relating to approximately 96,260 rentable square feet of space (collectively, the Existing Premises), located in Suites 100, 110, 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. Landlord and Tenant now desire to further amend the Lease to expand the Existing Premises by an additional 26,852 rentable square feet of space situated on the 11th Floor of the Building.
C. 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.
D. 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. 11th Floor Expansion Premises. Landlord and Tenant hereby agree that Tenant shall lease approximately 26,852 rentable square feet of space situated on the 11th Floor of the Building (the 11th Floor Expansion Premises), effective as of the 11th Floor Expansion Premises Commencement Date (as hereinafter defined). The 11th Floor Expansion Premises shall be and become a part of the Existing Premises for all purposes under the Lease, and the 11th Floor 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 deemed inserted into the Lease as part of Exhibit B currently attached to the Lease. From and after the 11th Floor Expansion Premises Commencement Date, the Premises shall be deemed to consist of approximately 123,112 square feet of Premises Rentable Area. Landlord shall deliver the 11th Floor Expansion Premises pursuant to the terms of Rider 9 of the A&R Lease.
2. Tenants Share. Effective as of the 11th Floor Expansion Premises Commencement Date, Section 8(i) of the Basic Lease Information (the BLI) shall be hereby supplemented to provide that Tenants Share with respect to the 11th Floor Expansion Premises shall be 7.43%.
3. Lease Term. Landlord and Tenant hereby agree that Landlord shall lease to Tenant, and Tenant shall lease from Landlord, the 11th Floor Expansion Premises, commencing on September 1, 2019 if and only if the space is delivered by June 1, 2019 (such date herein referred to as the 11th Floor Expansion Premises Commencement Date) and ending on August 31, 2028, unless otherwise terminated earlier pursuant to the terms of the Lease. The Commencement Date will be adjusted per Rider 9 if there are any delays in delivering the 11th Floor Expansion Premises.
4. Basic Rent. Commencing on the 11th Floor Expansion Premises Commencement Date and ending on August 31, 2028, Landlord and Tenant hereby agree that Section 5 of the BLI shall be supplemented to provide that the Basic Rent payable with respect the 11th Floor Expansion Premises shall be as follows: