FIFTHAMENDMENT TO LEASE (Creekside)

Contract Categories: Real Estate - Lease Agreements
EX-10.1 2 a07-4721_1ex10d1.htm EX-10.1

Exhibit 10.1

FIFTH AMENDMENT TO LEASE
(Creekside)

THIS FIFTH AMENDMENT TO LEASE (“Fifth Amendment”) is made and entered into as of the 21st day of December, 2006, by and between ARDEN REALTY LIMITED PARTNERSHIP, a Maryland limited partnership (“Landlord”) and WEBSENSE, INC., a Delaware corporation (“Tenant”).

R E C I T A L S:

A.            Legacy-RECP Sorrento OPCO, LLC, a Delaware limited liability company (“Original Landlord”) and Tenant entered into that certain Office Lease dated as of April 19, 2002 (the “Original Lease”), as amended by (i) that certain First Amendment to Lease dated as of October 1, 2002 by and between Original Landlord and Tenant (the “First Amendment”), (ii) that certain Second Amendment to Lease dated as of April 30, 2003 by and between Tenant and Sorrento Valley Road, LLC, a Delaware limited liability company (“SVR”) (as successor-in-interest under the Lease to Original Landlord) (the “Second Amendment”), (iii) that certain Third Amendment to Lease dated as of July 30, 2004 by and between Tenant and SVR (the “Third Amendment”), and (iv) that certain Fourth Amendment to Lease dated as of March 24, 2005 by and between Tenant and SVR (the “Fourth Amendment”), whereby Tenant leases certain space located in those certain buildings located and addressed at 10220, 10240 and 10260 Sorrento Valley Road, San Diego, California (collectively, the “Project”). The Original Lease, as amended by the First Amendment, the Second Amendment, the Third Amendment and the Fourth Amendment, may be referenced to herein as the “Lease.” Landlord is the successor-in-interest under the Lease to SVR.

B.             By this Fifth Amendment, Landlord and Tenant desire to extend the date by which Tenant must exercise its early cancellation right (if at all).

C.            Unless otherwise defined herein, capitalized terms as used herein shall have the same meanings as given thereto in the Lease.

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

AG R E E M E N T:

1.                     Tenant’s Early Cancellation Right. The second (2nd) sentence of Section 14 of the Third Amendment is hereby revised to read as follows: “To exercise such termination right, Tenant must deliver to Landlord, on or before January 31, 2007, written notice of Tenant’s exercise of such termination right (the “Termination Notice”).” Except as specified in this Section 1 above, all other terms and conditions of Section 14 of the Third Amendment shall remain in full force and effect.

2.             No Further Modification. Except as set forth in this Fifth Amendment, all of the terms and provisions of the Lease shall remain unmodified and in full force and effect.




IN WITNESS WHEREOF, this Fifth Amendment has been executed as of the day and year first above written.

“Landlord”:

 

 

 

 

 

ARDEN REALTY LIMITED PARTNERSHIP,
a Maryland limited partnership

 

 

 

 

By:

ARDEN REALTY, INC.,
a Maryland corporation

 

 

Its:  Sole General Partner

 

 

 

 

 

By:

/s/

 

 

 

 

 

 

 

 

 

 

Its:

 

 

 

 

 

 

 

 

 

 

“Tenant”:

 

 

 

 

 

WEBSENSE, INC.,
a Delaware corporation

 

 

 

 

By:

/s/

 

 

 

Name:

 

 

 

 

Its:

 

 

 

 

 

 

 

 

 

 

 

 

By:

 

 

 

 

Name:

 

 

 

 

Its: