FEE TO BROKERS OUT OF THE PROCEEDS ACCRUING
TO THE ACCOUNT OF SELLER AT THE CLOSING.
27.3
SELLER ACKNOWLEDGES RECEIPT OF A COPY HEREOF AND
AUTHORIZES BROKERS TO DELIVER A SIGNED COPY TO BUYER.
NOTE:
A PROPRIETARY INFORMATION SHEET IS REQUIRED TO BE DELIVERED TO BUYER BY
SELLER UNDER THIS AGREEMENT.
BROKER:
SELLER:
eOffice Suites, Inc.
10345 Olympic LLC
Attn: Howard Sher
By:
Title:
Date:
Address:
13101 Washington Blvd.
Name Printed:
Los Angeles, CA
Title:
Telephone:
(310) 566 7004
Telephone/Facsimile:
Facsimile:
Federal ID No.
By:
Date:
Name Printed:
Title:
Address:
Telephone/Facsimile:
Federal ID No.
ADDENDUM TO THE STANDARD OFFER, AGREEMENT AND ESCROW
INSTRUCTIONS FOR THE PURCHASE OF REAL ESTATE DATED
JANUARY 20, 2004, BY AND BETWEEN bebe stores, inc. AND/OR ASSIGNEE,
AS BUYER AND 10345 OLYMPIC LLC, AS SELLER, FOR THE PROPERTY AT
10345 WEST OLYMPIC BOULEVARD, LOS ANGELES, CALIFORNIA 90064
28.
IN ADDITION TO CONTINGENCIES TO CLOSING
REFERENCED IN PARAGRAPH 9(E) ABOVE, SELLER TO GRANT BUYER THE RIGHT, AT BUYER'S
SOLE COST AND EXPENSE, TO APPLY WITH THE CITY OF LOS ANGELES, FOR A CODE UPDATE
INSPECTION IN ORDER TO ESTABLISH THE PROPERTY'S CURRENT STANDING WITH THE CITY
OF LOS ANGELES RELATING TO COMPLIANCE WITH ASSOCIATED ISSUES OF THE CITY OF LOS
ANGELES'S MOST RECENT ZONING, CODES AND RESTRICTIONS.
THE RESULTS OF SUCH CODE
UPDATE INSPECTION SHALL BE, PER PARAGRAPH 9(E) ABOVE, CONTINGENCIES TO THE CLOSE
OF ESCROW.
29.
SELLER TO PROVIDE TO BUYER ANY AND ALL
EXISTING REPORTS CONCERNING: 1) ENVIRONMENTAL INTEGRITY OF THE PROPERTY (PHASE I
AND PHASE II ENVIRONMENTAL ASSESSMENTS); 2) COMPLIANCE WITH CITY OF LOS ANGELES
CODES, INCLUDING BUT NOT LIMITED TO ADA (AMERICANS WITH DISABILITIES ACT)
REQUIREMENTS; 3) CITY REQUIREMENTS, IF ANY, FOR FIRE SAFETY/SPRINKLERS
(INCLUDING MOST RECENT TITLE 19 BACKFLOW PRESSURE TEST INSPECTION; 4) SEISMIC
COMPLIANCE AND/OR SEISMIC UPGRADE WORK THAT HAS BEEN COMPLETED; 5) COPIES OF
MOST RECENT OCCUPANCY PERMITS AND BUSINESS LICENSES FOR ALL PAST AND PRESENT
DELINEATED RENTABLE AREAS; 6) PER PARAGRAPH 2.4, SELLER TO DISCLOSE WHETHER
CURRENT FIRE SPRINKLER MONITOR SYSTEM IS OWNED BY SELLER OR LEASED BY SELLER.
ADDITIONALLY, SHOULD RECORDS OF NON-COMPLIANCE EXIST FOR ANY OF THE ABOVE
REFERENCED ITEMS, SELLER SHALL LIKEWISE PROVIDE THESE TO BUYER.
INVESTIGATION
OF ALL OF THESE ITEMS SHALL BE, PER PARAGRAPH 9, CONTINGENCIES TO THE CLOSE OF
ESCROW.
30.
IN ADDITION TO CONTINGENCIES TO CLOSING
REFERENCED IN PARAGRAPH 9 AND THOSE ABOVE, SELLER TO PROVIDE ANY AND ALL
DOCUMENTATION RELATING TO PROPERTY'S CURRENT STATUS WITH THE CITY OF LOS ANGELES
REGARDING ALL ASPECTS OF COMPLIANCE, WHETHER OR NOT THESE ITEMS ARE INCLUDED IN
DOCUMENTS REFERENCED IN PARAGRAPH 9(A) AND/OR 9(E).
FURTHER, SELLER TO PROVIDE
BUYER WITH ANY AND ALL DOCUMENTATION RELATING TO AGREEMENTS MADE BY SELLER AND
CITY OF LOS ANGELES REGARDING PARKING (MINIMUMS, "GRANDFATHER"/LEGAL
NON-CONFORMING PROVISIONS, ETC.); CERTIFICATE(S) OF OCCUPANCY AND/OR BUSINESS
LICENSE(S); AND/OR ANY OUTSTANDING OR UNRESOLVED/NON-RECONCILED ISSUES THAT MAY
EXIST RELATIVE TO PROPERTY'S STANDING WITH THE CITY.
31.
NOTWITHSTANDING THE TIME PERIODS DETAILED IN
PARAGRAPH 9 ABOVE, AND TO ALL REFERENCES IN PARAGRAPH 1.2 AND PARAGRAPH