[gy0d2wvcaa4v000001.jpg]Exhibit 10.43

 

 

 

 

[gy0d2wvcaa4v000002.jpg]

B.L.C.T. (PHC 15A) LIMITED

and

BLUEBUTTON DEVELOPER COMPANY (2012J LIMITED

and

BLUEBUTTON PROPERTIES UK LIMITED

and

MIMECAST SERVICES LIMITED

and

MIMECAST LIMITED

 

 

 

 

 

 

 

 

 

DEED OF VARIATION

of an agreement for under1ease dated 2 January

2018 relating to the 3ro, 41h and 51h floors of 1

Finsbury Avenue, London EC2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Herbert Smith Freehills LLP

 

 

 

 

 

 

11/51055588_2

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TABLE OF CONTENTS

 

Clause

 

Headings

Page

 

 

 

 

1.

 

RECITALS

1

 

 

 

 

2.

 

DEFINITIONS AND INTERPRETATION

1

 

 

 

 

3.

 

VARIATION

1

 

 

 

 

4.

 

CONSENT OF DEVELOPER'S GUARANTOR

1

 

 

 

 

5.

 

CONSENT OF TENANrs GUARANTOR

2

 

 

 

 

6.

 

SEVERANCE

2

 

 

 

 

7.

 

EXCLUSION OF THIRD PARTY RIGHTS

2

 

 

 

 

SCHEDULE 1 (VARIATIONS)

3

 

 

 

 

11/51055588_2

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THIS DEED OF VARIATION is made this 17 day of January 2019

BETWEEN:

(1)

B.L.C.T. (PHC 15A) LIMITED (a company registered in Jersey with number 76075)
whose registered address is at 47 Esplanade, St Helier, Jersey JE1 080 (the
"Landlord");

(2)

BLUEBUTTON DEVELOPER COMPANY (2012) LIMITED (Co. Regn. No. 08034527) whose
registered office is at York House, 45 Seymour Street, London W1 H 7LX (the
"Developer''):

(3)

BLUEBUTTON PROPERTIES UK LIMITED (Co. Regn. No. 07018582) whose registered
office is at York House, 45 Seymour Street, London W1H 7LX (the "Developer's
Guarantor");

(4)

MIMECAST SERVICES LIMITED (Co. Regn. No. 04901524) whose registered office is at
6" Floor, CityPoint, One Ropemaker Street, London EC2Y 9AW (the "Tenant"); and

(5)

MIMECAST LIMITED (a company registered in Jersey with number 76075) whose
registered address is at 22 Grenville Street, St Helier, Jersey JE4 8PX (the
'Tenant's Guarantor").

WHEREBY IT IS AGREED as follows:

1.

RECITALS

1.1

The parties have agreed to enter into this deed to vary certain terms in the
Agreement for Lease relating to payments to be made thereunder.

2.

DEFINITIONS AND INTERPRETATION

2.1

Definitions

In this deed:

"Agreement for Lease" means an agreement for under1ease dated 2 January 2018
relating to floors 3, 4 and 5 of 1 Finsbury Avenue, London EC2 made between the
parties to this deed.

2.2

Interpretation

 

2.2.1

Any words or expressions which are defined in the Agreement for Lease have the
same meanings in this deed.

 

2.2.2

Where a party comprises more than one person, their obligations take effect
jointly and severally.

 

2.2.3

Clause headings do not affect the construction of this deed.

3.

VARIATION

The parties agree that:

3.1

schedule 1 has effect in relation to the variation of the Agreement for Lease;

3.2

the variation of the Agreement for Lease takes effect from and induding the date
of this deed;

3.3

all documents which are collateral to the Agreement for Lease, whether made
before or after Its creation, have effect subject to the variation of the
Agreement for Lease by this deed; and

3.4

all other provisions of the Agreement for Lease and of the documents referred to
in clause 3.3 are confirmed.

4.

CONSENT OF DEVELOPER'S GUARANTOR

The Developer's Guarantor consents to the variation of the Agreement for Lease
by this deed and confirms that its obligations contained in Agreement for Lease
continue in full force and effect and apply to the Agreement for Lease as varied
by this deed.

 

11/51055588_2

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5.

CONSENT OF TENANTS GUARANTOR

The Tenant's Guarantor consents to the variation of the Agreement for Lease by
this deed and confirms that its obligations contained in Agreement for Lease
continue in full force and effect and apply to the Agreement for Lease as varied
by this deed.

6.

SEVERANCE

If any provision of this deed is void or prohibited due to any applicable law,
it shall be deemed to be deleted and the remaining provisions of this deed shall
continue in force.

7.

EXCLUSION OF THIRD PARTY RIGHTS

The parties confirm that no term of this deed fs enforceable under the Contracts
(Rights of Third Parties) Act 1999 by a person who is not a party to it.

IN WITNESS whereof this deed has been executed by the parties hereto and is
intended to be and is hereby delivered on the date first above written.

 

11/51055588_2

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SCHEDULE 1

(VARIATIONS)

The Agreement for Lease shall be varied as follows:

1.

Clause 14.9.1 shall be deleted and replaced with the following new clause
14.9.1:

"On the later of 5 April 2019 and the date of completion of the Leases the
Landlord shall pay to the Tenant the Fitting-Out Contribution, receipt of which
the Tenant shall acknowledge in writing, as an inducement for the Tenant to
execute and enter into the Leases."

2.

Clause 18.11 shall be deleted and replaced with the following new clause 18.11:

"On the later of 5 April 2019 and the date of completion of the Leases the
Landlord shall pay to the Tenant a sum equivalent to 12 month Principal Rent
payable in respect of the Premises (exclusive of VAT (if any)), receipt of which
the Tenant shall acknowledge in writing, as an inducement for the Tenant to
execute and enter into the Leases."

 

EXECUTED AS A DEED by

 

/s/ Illegible

B.L.C.T. (PHC 15A) LIMITED

 

Director

 

 

 

 

 

 

acting by [Names of two of

 

/s/ Illegible

its directors/a director and its secretary)

 

[Director/Secretary]

 

 

 

 

 

 

EXECUTED AS A DEED by

 

 

BLUEBUTTON DEVELOPER

 

/s/ Illegible

COMPANY (2012) LIMITED

 

Director

 

 

 

 

 

 

acting by [Names of two of

 

 

its directors/a director and its secretary]

 

/s/ Illegible

 

 

[Director/Secretary]

 

 

 

EXECUTED AS A DEED by

 

 

BLUEBUTTON PROPERTIES

 

s/ Illegible

UK LIMITED

 

Director

 

 

 

acting by [Names of two of

 

/s/ Illegible

 

 

 

its directors/a director and its secretary]

 

[Director/Secretary]

 

 

 

EXECUTED AS A DEED by

 

 

MIMECAST SERVICES LIMITED

 

/s/ Peter Bauer

 

 

Director

 

 

 

acting by [Names of two of

 

/s/ Peter Campbell

 

 

[Director/Secretary]

 

 

 

its directors/a director and its secretary]

 

 

 

 

 

EXECUTED AS A DEED by

 

/s/ Peter Bauer

MIMECAST LIMITED

 

Director

 

 

 

acting by (Names of two of

 

 

its directors/a director and its secretary)

 

/s/ Peter Campbell

 

 

[Director/Secretary]