690 E. Middlefield Road Fee, LLC c/o Dostart Development Company, LLC 145 Addison Avenue Palo Alto, CA 94301 May 9, 2012
Exhibit 10.10(i)
[*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 promulgated under the Securities Exchange Act of 1934, as amended.
690 E. Middlefield Road Fee, LLC
c/o Dostart Development Company, LLC
145 Addison Avenue
Palo Alto, CA 94301
May 9, 2012
SYNOPSYS, INC.
700 E. Middlefield Road
Mountain View, CA 94043
Attn: Vice President, Real Estate and Facilities
Re: | Lease Agreement dated October 14, 2011 by and between 690 E. Middlefield Road Fee. LLC, as Lessor, and Synopsys, LLC, as Lessee, concerning that certain real property located at 690 E. Middlefield Road, Mountain View, California 94043 |
Gentlemen:
Reference is made to that certain Lease Agreement (the Lease) dated as of October 14, 2011 by and between 690 E. Middlefield Road Fee, LLC, a Delaware limited liability company (the Prior Landlord) and Synopsys, Inc., a Delaware corporation (the Tenant), concerning that certain real property located at 690 E. Middlefield Road, Mountain View, California (the Premises). This letter shall constitute notice to you that the Prior Landlord recently sold the Premises (the Transaction) to KR 690 Middlefield, LLC, a Delaware limited liability company (the Purchaser). Please note that, in connection with the Transaction, the Lease has been assigned by the Prior Landlord to the Purchaser.
You are hereby directed to make all future payments of rent and other sums due under the Lease directly to KR 690 Middlefield, LLC. Accordingly, commencing immediately, rent and all other sums due under the Lease should be paid as follows:
(A) If paying by check, money order or other instrument, please mail such items to the following address:
KR 690 Middlefield, LLC
c/o Kilroy Realty, L.P.
12200 West Olympic Blvd., Suite 200
Los Angeles, CA 90064
(B) If paying by wire transfer, such amounts are to be transferred by wire to the following account:
| Beneficiary Bank: |
Union Bank
445 S. Figueroa Street,
Los Angeles, California 90071-1602
Synopsys, Inc.
May 9, 2012
| ABA Number: [*] |
| Beneficiary Account Holder: Kilroy Realty LP |
| Beneficiary Account Number: [*] |
| Upon wiring, please send email notification of the same to: ***@*** |
All payments under the Lease must be delivered to the above referenced account no later than the day on which such amounts are due pursuant to the terms of the lease.
Effective as of the date of this letter, any notices to Landlord under the Lease must be sent, transmitted, or delivered, as the case may be, to the following addresses:
KR 690 Middlefield, LLC
c/o Kilroy Realty, L.P.
12200 West Olympic Boulevard, Suite 200
Los Angeles, California 90064
Attention: Legal Department
with copies to:
Kilroy Realty Corporation
4400 Bohannon Drive
Building Management Office, Suite 240
Menlo Park, California 94025
Attention: Property Manager
and
Kilroy Realty Corporation
100 First Street
Office of the Building, Suite 250
San Francisco, California 94105
Attention: Asset Manager
and
Allen Matkins Leck Gamble Mallory & Natsis LLP
1901 Avenue of the Stars, Suite 1800
Los Angeles, California 90067
Attention: Anton N. Natsis, Esq.
As part of the Transaction, the letter of credit held by the Prior Landlord with respect to the Lease has been transferred to, and the Prior Landlords obligations with respect to such letter of credit have been assumed by the Purchaser as of the date of this letter. Any and all
[*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 promulgated under the Securities Exchange Act of 1934, as amended.
Synopsys, Inc.
May 9, 2012
payments of rent (or other sums due under the Lease) hereafter paid to any party other than the Purchaser shall not relieve you of the obligation of making said payment to the Purchaser.
Sincerely, | ||||||
PRIOR LANDLORD: | ||||||
690 E. MIDDLEFIELD ROAD FEE, LLC, a Delaware limited liability company | ||||||
By: | DDC Rock 690 E. Middlefield, LLC, a Delaware limited liability company, Its Sole Member | |||||
By: | DDC 690 E. Middlefield Road Associates, LLC, a Delaware limited liability company, Its Manager |
By: | /s/ Mollie Ricker | |||||
Name: | Mollie Ricker | |||||
Title: | Authorized Representative |
[*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 promulgated under the Securities Exchange Act of 1934, as amended.