Amendment to WeWork Membership Agreement between First Person and 3900 W Alameda Ave Tenant LLC, dated July 8, 2022
Exhibit 10.9
AMENDMENT TO MEMBERSHIP AGREEMENT
HI CORY ROSENBERG
Please review the Amendment to your Membership Agreement below.
If you have any questions or concerns, please don’t hesitate to reach out to us at ***@***
Reference is hereby made to the Membership Agreement between 3900 W Alameda Ave Tenant LLC (“WeWork”) and First Person dated June 30, 2021, including the accompanying Membership Details Form and any other amendments thereto (the “Agreement”). The parties agree that the following terms shall be considered binding amendments to the Agreement (the “Amendment”). Capitalized terms not defined herein shall have the meaning ascribed to them in the Agreement.
MEMBER INFORMATION
First Person
Primary member: Cory Rosenberg
***@***
+17329966210
AMENDED MEMBERSHIP DETAILS
WeWork The Tower
Current Office(s)
15-105 ● 13 person office
Membership Fee:
$5,950.00/mo from August 1, 2022
Commitment term
Start date: August 1, 2022
End date: April 30, 2023
Amendment to Membership Agreement | 1 |
MEMBERSHIP FEE SUMMARY
OFFICE | DATES | MEMBERSHIP FEE | DISCOUNT | NET DISCOUNTED FEE | ||||||||||
15-105 | 08/01/2022 – 04/30/2023 | $ | 5,950.00 | $ | 2,050.00 | $ | 3,900.00 |
ANNUAL ESCALATION
On each anniversary of the start date for the office, the Membership Fee will be subject to an automatic three and a half percent (3.5%) increase over the then current Membership Fee.
This amendment may alter the date upon which Member Company’s annual increase of the Membership Fee occurs, but in no event shall it occur on a date earlier than the next anniversary of the Start Date of the Agreement.
In the event of any inconsistency between the Agreement and this Amendment, the terms of this Amendment shall prevail. The parties further agree that other than the terms modified by this Amendment, the Agreement remains otherwise unchanged, including the annual Membership Fee increases set forth in the Agreement.
By electronically signing this Amendment you represent that you have the proper authority to execute this Amendment on behalf of First Person and incur the obligations described in this Amendment on behalf of First Person
Community Manager’s signature | Electronic Signature | |
Rachel McGowen | Cory Rosenberg | |
3900 W Alameda Ave Tenant LLC | First Person | |
Signed on July 8, 2022 |
Wework | ||
3900 W Alameda Ave, Suite 1200 | ||
Burbank, CA, 91505, USA | 818 ###-###-#### | |
VAT: 812941744 | ***@*** |
Amendment to Membership Agreement | 2 |