FIRST AMENDMENT TO OFFICE SUBLEASE
THIS FIRST AMENDMENT TO OFFICE SUBLEASE (this Amendment) is made and entered into as of the 21 day of April, 2021 (the Amendment Effective Date), by and between MERIDIANLINK, INC., a California corporation (Sublandlord), and PROFIT RECOVERY PARTNERS, LLC, a California limited liability company (Subtenant).
W I T N E S S E T H :
WHEREAS, Sublandlord and Subtenant are parties to that certain Office Sublease dated March 24, 2021 (the Original Sublease; the Original Sublease, as amended by this Amendment, the Sublease), for certain premises in the building located at 1600 Sunflower Avenue, Costa Mesa, California 92626 (the Building), consisting of approximately 17,000 rentable square feet of space on the second floor of the Building known as Suite 100 (the Original Sublease Premises); and
WHEREAS, Sublandlord has agreed to lease additional premises to Subtenant and Subtenant has agreed to lease from Sublandlord such additional premises; and
WHEREAS, Sublandlord and Subtenant desire to evidence such expansion of the Original Sublease Premises and to amend certain other terms and conditions of the Original Sublease by means of this Amendment.
NOW, THEREFORE, in consideration of Ten and No/100 Dollars ($10.00), the mutual covenants contained herein, and other good and valuable consideration, the receipt, adequacy and sufficiency of which are hereby acknowledged, the Original Sublease is hereby amended and the parties hereto do hereby agree as follows:
1. Recitals; Capitalized Terms. The recitals set forth herein above are incorporated herein as if restated in their entireties. All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Original Sublease.
2. Expansion; Grant of Expansion Space. Subject to Prime Landlords consent to this Amendment, commencing upon the Amendment Effective Date (the Expansion Date), Sublandlord agrees to lease to Subtenant and Subtenant agrees to lease from Sublandlord, for the entire Sublease Term, and subject to and in accordance with the terms of the Sublease, as amended by this Amendment, an additional 3,594 rentable square feet of space known as Suite 120 as shown on Exhibit A attached hereto and by this reference made a part hereof (the Expansion Space). As of the Expansion Date: (a) the Expansion Space shall be subject to all of the terms and conditions of the Sublease for the entire Sublease Term; (b) all references in the Sublease to the Sublease Premises shall be deemed to include the Original Sublease Premises and the Expansion Space; (c) the total rentable square feet of space leased to Subtenant pursuant to the Sublease shall be 20,594 rentable square feet; and (d) the Sublease Premises, as so expanded, shall be known together as Suite 100. If Sublandlord is delayed in delivering possession of the Expansion Space due to any reason, such delay shall not be a default by Sublandlord, render the Sublease void or voidable, or otherwise render Sublandlord liable for damages.