Exhibit10.41 SECONDAMENDMENT TO OFFICE LEASE AGREEMENT

Contract Categories: Real Estate - Lease Agreements
EX-10.41 2 v157156_ex10-41.htm Unassociated Document
Exhibit 10.41
 
SECOND AMENDMENT TO OFFICE LEASE AGREEMENT

THIS SECOND AMENDMENT TO OFFICE LEASE AGREEMENT (“Amendment”) is made as of this 31st day of July 2009, by and between LJ BALBOA, LP, a California limited partnership (“Landlord”), and DOT VN, INC., a California corporation (“Tenant”).

RECITALS

A,           Landlord, as successor-in-interest to Wood Creek Associates LLC and Tenant are parties to an Office Lease Agreement dated June 2006 for certain real property commonly known as Suite 114 of the building located at 9449 Balboa Avenue, San Diego, California, the size being approximately 3,148 rentable square feet (the “Premises”); and subsequently amended the Office Lease Agreement on July 1, 2008 (the “First Amendment to Lease”).

B.           Landlord and Tenant desire to further amend the Office Lease Agreement to extend the Lease.

AGREEMENT

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Landlord and Tenant agree as follows:

1.           Effective Date.  The Effective Date of this Second Amendment shall be September 1, 2009 (“Effective Date.”).

2.           Term:  The Term of the Office Lease Agreement shall be extended for a period of thirteen (13) months, commencing on September 1, 2009.

3.           Base Rent.  The schedule of Base Rent, as set forth in Paragraph I.D, Page 1, of the Office Lease Agreement, is revised to reflect, in accordance with this Second Amendment, that as of the Effective Date, the Base Rent shall be as follows:

Period
Monthly Base Rent
09/01/09 – 10/31/09 (2 Months)
$3,305.40
11/01/09 – 03/31/10 (5 Months)
$6,610.80
04/01/10 – 09/30/10 (6 Months)
$6,799.68
 
4.           Improvements.  The Landlord agrees to re-balance the HVAC units as necessary within the Premises.

5.           Full Force and Effect.  Except as expressly modified hereby, the Office Lease Agreement shall remain unchanged and in full force and effect.  All references, herein and in the Office Lease Agreement and First Amendment, shall mean, unless the context clearly indicates to the contrary, the Office Lease Agreement as amended by this Second Amendment.  Defined terms used herein shall have the meaning set forth in the Office Lease Agreement, unless a contrary meaning is contained in the First Amendment or in this Second Amendment.

 
 

 
 
6.           No Oral Agreements.  The Office Lease Agreement, the First Amendment and this Second Amendment contain all of the agreements of the parties with respect to the matters set forth herein, except for those terms and conditions, incorporated herein by reference.  There are no oral agreements or understandings between the parties hereto affecting the Office Lease Agreement, the First Amendment or this Second Amendment.  Neither the Office Lease Agreement, the First Amendment, nor this Second Amendment can be changed or terminated orally but only by an agreement in writing signed by the party against whom enforcement or any waiver, change, modification or discharge is sought.

7.           Successors and Assigns.  This Office Lease Agreement, as amended hereby, shall apply to and bind Landlord and Tenant and their respective successors and assigns.


IN WITNESS WHEREOF, Landlord and Tenant have executed this Second Amendment as of the date first set forth above,
 
LANDLORD:
Dated:  ____________  
     
 
LJ BALBOA, LP
a California limited partnership
 
       
 
By:
/s/   
   
Kathleen Nelson, Controller/Property Manager
444 Camino Del Rio South, Suite 101
San Diego, CA  92108
Notices:  Attention to Jan Gilbert/United Hansel Mgmt.
 
 
 
TENANT:
Dated:  August 6, 2009  
     
 
Lessee:  DOT VN, INC.
a California corporation
 
       
 
By:
/s/ Lee Johnson  
   
Lee Johnson, President
9449 Balboa Avenue, Suite 114
San Diego, CA  92123