Amendment to Membership Agreement, dated December 14, 2022 by and between WeWork and the Registrant
Exhibit 10.42
AMENDMENT TO MEMBERSHIP AGREEMENT
HI ADAM PERLISH
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 200 Berkeley Street Tenant LLC ("WeWork") and dated January 29, 2020, 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
Primary member: Adam Perlish
***@***
+17034070449
AMENDED MEMBERSHIP DETAILS
WeWork 200 Berkeley
Current Office(s)
19-120 • 2 person office
Membership Fee:
$1,750.00/mo from January 1, 2023
Commitment term
Start date: January 1, 2023
End date: March 31, 2023
Amendment to Membership Agreement | 1 |
MEMBERSHIP FEE SUMMARY
| | | | | | | | NET |
| | | | MEMBERSHIP | | | | DISCOUNTED |
OFFICE |
| DATES |
| FEE |
| DISCOUNT |
| FEE |
19-120 | | 01/01/2023 - | | $1,750.00 | | $87.50 | | $1,662.50 |
| 03/31/2023 | | | | | | |
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 and incur the obligations described in this Amendment on behalf of
Community Manager's signature |
| Electronic Signature |
| | |
Molly McLaughlin | | Gil Price |
200 Berkeley Street Tenant LLC | | Signed on December 14, 2022 |
| | |
WeWork | |
| |
200 Berkeley Street | (646) 491-9060 |
Boston, MA, 02116, USA | ***@*** |
VAT: 834152702 | |
Amendment to Membership Agreement | 2 |