Letter Agreement for Extension of Sublease Term between GlassHouse Technologies, Inc. and NMS Communications Corporation

Contract Categories: Real Estate Lease Agreements
Summary

GlassHouse Technologies, Inc. notifies NMS Communications Corporation of its decision to extend the term of their existing sublease for one additional year, starting December 1, 2005, at an annual fixed rent of $180,090. This letter serves as formal notice under the terms of their sublease agreement. Both parties acknowledge and agree to the extension, continuing their landlord-tenant relationship under the same terms for the extended period.

EX-10.24 29 dex1024.htm LETTER AGREEMENT BY AND BETWEEN THE REGISTRANT AND NMS COMMUNICATION Letter Agreement by and between the Registrant and NMS Communication

Exhibit 10.24

May 31, 2005

NMS Communications Corporation

100 Crossing Boulevard

Framingham, MA 01702

Dear Friends:

Pursuant to the Second Sublease Agreement Amendment dated April 7, 2004, amending the Sublease Agreement between our two companies, dated October 30, 2002, as previously amended (the “Sublease”), GlassHouse Technologies, Inc. has an option to extend the Term of the Sublease for an additional one year period commencing December 1, 2005, at an Annual Fixed Rent of $180,090.

Please accept this letter as our notice, pursuant to Section 19 (d) of the Sublease, to exercise such option and extend the term for an additional year commencing December 1, 2005, at the Annual Fixed Rental of $ 180,090.

We appreciate the good landlord–tenant relationship that we have enjoyed and look forward to its continuation.

Kindly sign and return the enclosed copy of this letter to acknowledge your receipt of this notice.

Thank you for your consideration.

 

Sincerely yours,
GlassHouse Technologies, Inc.
By:  

/s/    Ken Hale

  Ken Hale, Chief Financial Officer

 

Receipt Acknowledged
NMS Communications Corporation
By:  

/s/    Jamie Toale

Title/Date:   Vice President May 31, 2005

 

cc: NMS Communications Corporation

100 Crossing Boulevard

Framingham, MA 01702

Attn: VP & General Counsel