Office Space Lease Agreement between InnerWorkings, Incorp, and Echo Global Logistics (November 22, 2005)
This agreement outlines the terms under which Echo Global Logistics will lease office space from InnerWorkings/Incorp at 600 W. Chicago, Suite 830, Chicago, IL. The lease begins on January 1, 2006, and lasts as long as the InnerWorkings Master Lease. Echo will pay 20% of the InnerWorkings lease amount directly to the landlord, with taxes and utilities included. Telephone and internet costs are shared based on headcount, and parking is billed monthly. Either party can end the lease with 180 days' written notice. The agreement includes use of furniture and phone systems.
Exhibit 10.13
Office Space Lease
November 22, 2005
The purpose of this letter is to outline the details by which Echo will be leasing a portion of the Incorp / InnerWorkings office space.
Address: 600 W. Chicago, Suite 830, Chicago, IL 60610
Location of space: North most pod of InnerWorkings / Incorp space (See attached floor plan)
Begin | Date: 1/1/2006 |
Duration: Same as InnerWorkings Master Lease Agreement
Lease Amount 20% of InnerWorkings lease amount. Payable directly to Landlord.
Taxes | / Utilities: Included in Rent |
Telephone / Internet: 25% of Actual Common Expense (to be updated quarterly based on proportional amount of total headcount).
Parking: $120 per space billed monthly, 1 space free
Automatic Extension Either party may terminate the lease with 180 day written notice.
Other: Space includes use of furniture and phone system. Phones and general phone equipment will be purchased by InnerWorkings and Echo will have use while leasing the facility.
InnerWorkings |
/s/ Nick Galassi |
Nick Galassi Chief Financial Officer |
Echo Global Logistics: |
/s/ Orazio Buzza |
Orazio Buzza President |
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