Second Amendment to Lease Agreement between Corridor Park Pointe II, L.P. and Intelligent Reasoning Systems, Inc.

Contract Categories: Real Estate Lease Agreements
Summary

This amendment updates the lease agreement between Corridor Park Pointe II, L.P. (landlord) and Intelligent Reasoning Systems, Inc. (tenant) for office space in Austin, Texas. The main change increases the number of parking spaces available to the tenant from 61 to 141. All other terms of the original lease remain unchanged. The amendment is effective once both parties have signed it.

EX-10.21 5 ex10-21.txt SECOND AMENDMENT TO LEASE AGREEMENT 10.21 SECOND AMENDMENT TO LEASE AGREEMENT BETWEEN CORRIDOR PARK POINTE II, L.P., AS LANDLORD, AND INTELLIGENT REASONING SYSTEMS, INC., AS TENANT, AT CORRIDOR PARK POINTE BUILDING E STATE OF TEXAS ) COUNTY OF TRAVIS ) KNOW ALL PERSONS BY THESE PRESENTS: That the parties to this Second Amendment to Lease Agreement (the "Amendment"), are Corridor Park Pointe II, L.P., herein referred to as "Landlord", and Intelligent Reasoning systems, Inc., herein referred to as "Tenant". W I T N E S S E T H WHEREAS, Landlord and Tenant entered into a Lease Agreement (the "Lease"), dated May 21, 1999, covering approximately 15, 136 square feet (the "Premises"), in Corridor Park Pointe Building E (the "Building"), in Austin, Texas, as more particularly described in the Lease, and WHEREAS, Landlord and Tenant entered into a First Amendment to Lease Agreement (the "First Amendment"), dated November 9, 1999, wherein the Premises were expanded from 15,136 square feet to 35,200 square feet, in Corridor Park Pointe Building E, and the expiration date of the Lease was revised to be December 31, 2006, and WHEREAS, Landlord and Tenant have agreed to modify the Lease as provided herein. NOW THEREFORE, in consideration of the mutual promises and covenants set forth herein, Landlord and Tenant agree as follows: The number of parking spaces that Tenant, its employees, customers and licensees shall have the right to use within the parking areas designated for such use by Landlord shall be increased from sixty-one (61) surface parking spaces to one hundred forty-one (141) surface parking spaces. All of the other rights and responsibilities regarding parking shall remain as stated in Paragraph 5(C) of the Lease. All other terms and conditions of the Lease shall remain in full force and effect. This Second Amendment to Lease does not become effective until executed and delivered by both Landlord and Tenant. IN WITNESS WHEREOF, Landlord and Tenant, acting herein by duly authorized individuals, have caused this Second Amendment to Lease to be executed in multiple counterparts, each of which shall have the force and effect of any original, on this the 15th day of March, 2000. WITNESS FOR LANDLORD: LANDLORD: CORRIDOR PARK POINTE II, L.P., a Delaware limited partnership /s/ Milo Burdette - ---------------------------------- By: B & O Property, L.L.C., a Delaware limited Liability company, General Partner By: B & O Management Company, L.L.C., a Delaware limited Liability company, Operating Manager By: /s/ C. Patrick Oles -------------------------- C. Patrick Oles, Jr., President WITNESS FOR TENANT: TENANT: INTELLIGENT REASONING SYSTEMS, INC. By: /s/ Stephen R. Gunn - ---------------------------------- ------------------------------------ Stephen R. Gunn Its: Vice President of Finance