Amendment No. 1 to Lease Agreement between Gold Pointe D, LLC and Health Net, Inc. (11931 Foundation Place, Rancho Cordova, CA)
This amendment updates the lease agreement between Gold Pointe D, LLC (landlord) and Health Net, Inc. (tenant) for office space at 11931 Foundation Place, Rancho Cordova, California. Effective November 22, 2002, it revises the premises size, the tenant’s proportionate share, the lease term dates, and the schedule of base rent payments. The lease now covers 31,200 square feet, with rent amounts specified for set periods through January 7, 2013. All other terms of the original lease remain unchanged.
EXHIBIT 10.63
AMENDMENT NUMBER ONE TO THAT LEASE AGREEMENT BETWEEN GOLD POINTE D, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS SUCCESSOR-IN-INTEREST TO LANDHOLD, INC., A CALIFORNIA CORPORATION, AS LANDLORD, AND HEALTH NET, INC, A DELAWARE CORPORATION, AS TENANT, DATED MARCH 5th, 2001, FOR THE PREMISES LOCATED AT 11931 FOUNDATION PLACE IN RANCHO CORDOVA, CALIFORNIA.
Effective November 22, 2002, the above described Lease Agreement shall be modified as follows:
The Basic Lease Information – Premises shall be replaced in its entirety as follows:
| Premises: | The Premises referred to in this Lease consist of approximately 31,200 rentable square feet on the first floor of the Building. | |||||
| Tenant’s Proportionate Share: | 49.32%, based on a Building rentable area of approximately 63,265 square feet. | |||||
| Lease Commencement Date: | July 8, 2002 | |||||
| Lease Expiration Date: | January 7, 2013 | |||||
| Base Rent: | Months: | Monthly Base Rent for Premises | ||||
| 07/08/02-01/07/03: | Free Rent and Building Operating Expenses. | |||||
| 01/08/03-01/07/05: | $57,096.00 | |||||
| 01/08/05-01/07/07: | $58,656.00 | |||||
| 01/08/07-01/07/09: | $60,216.00 | |||||
| 01/08/09-01/07/11: | $61,776.00 | |||||
| 01/08/11-01/07/13: | $63,336.00 | |||||
All other terms and conditions shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment the day and year written below.
| LANDLORD: | ||
| GOLD POINTE D, LLC, a California limited liability Company | ||
| By: | /s/ Michael E. Diepenbrock | |
| Michael E. Diepenbrock, Managing Member | ||
TENANT:
| HEALTH NET, INC. A Delaware Corporation | ||
| By: | /s/ Dennis Bell | |
| Dennis Bell | ||
| Its: | Vice President | |
