Exhibit 10.16


 


AMENDMENT
NO. 2


TO LEASE


 


 


THIS AMENDMENT NO. 2 is made and entered into this 7TH day
of April, 2000, by and between A&P FAMILY INVESTMENTS, a California general
partnership, as LANDLORD, and NEOMAGIC CORPORATION, a California corporation,
as TENANT.


 


RECITALS


 


 


A.     WHEREAS, by Lease Agreement
dated February 5, 1996 Landlord leased to Tenant all of that certain 45,000+
square foot building located at 3260 Jay Street, Santa Clara, California, the
details of which are more particularly set forth in said February 5, 1996 Lease
Agreement, and


 


B.      WHEREAS, said Lease was
amended by the Commencement Letter dated May 7, 1996 which confirmed the May 1,
1996 Lease Commencement Date and the April 30, 2003 Lease Termination Date,
and,


 


C.      WHEREAS, said lease was
amended by Amendment No. 1 dated October 15, 1997, which amended the Lease by
adding a co-terminous paragraph and a cross default paragraph in relation to a
separate lease agreement dated October 9, 1997 between the parties hereto, and


 


D.                 WHEREAS, it is
now the desire of the parties hereto to amend the Lease by amending the Basic
Rent Schedule and Aggregate Rent under the Lease as hereinafter set forth.


 


AGREEMENT


 


 


NOW THEREFORE, for valuable consideration, receipt of which is hereby
acknowledged, and in consideration of the hereinafter mutual promises, the
parties hereto do agree as follows:


 


1.     BASIC RENT:  As an accommodation to Tenant, Landlord has
agreed to allow Tenant to sublease one hundred percent of the Leased Premises
for a period of two years, commencing April 15, 2000 through April 14,
2002.  In consideration for Landlord’s
approval, the Basic Rent due for the last year of the Lease Term shall be
increased by $1.20 per square foot per month, and the total monthly Basic Rent
shall be amended as follows:


 


                On June 1, 2002,
the sum of ONE HUNDRED THIRTY TWO THOUSAND SEVEN HUNDRED FIFTY AND NO/100
DOLLARS ($132,750.00) shall be due, and a like sum due on the first day of each
month thereafter, through and including May 1, 2003.


 


                The Aggregate Rent
shall be increased by $648,000.00, or from $5,833,832.66 to $6,481,832.66.


 


EXCEPT AS MODIFIED HEREIN, all other terms, covenants, and conditions
of said February 5, 1996 Lease Agreement shall remain in full force and effect.


 


 

















 


                IN WITNESS WHEREOF,
Landlord and Tenant have executed this Amendment No. 2 to Lease as of the day
and year last written below.


 


	
  LANDLORD:

  	
   

  	
  TENANT:

  
	
   

  	
   

  	
   

  
	
  A&P
  FAMILY INVESTMENTS

  	
   

  	
  NEOMAGIC
  CORPORATION

  
	
   

  	
   

  	
  a
  California corporation

  
	
  RICHARD
  T. PEERY 1976 CHILDRENS TRUST

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By

  	
   

  	
   

  	
  By

  	
   

  
	
  John
  Arrillaga, 

  as General Partner 

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  	
  Print
  Name/Title

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
  Date:

  	
   

  	
   

  	
   

  
							



 


 


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