Document:

Exhibit 10.1

               [LOGO OF WERNER ENTERPRISES, INC.]

                RESTRICTED STOCK AWARD AGREEMENT

THIS  RESTRICTED STOCK AWARD AGREEMENT (this "Agreement") is made
and  entered  into as of the [_____] day of [__________]  20[___]
(the  "Grant Date"), by and between Werner Enterprises,  Inc.,  a
Nebraska  corporation (the "Company"), and [_______________],  an
eligible  participant  and  recipient ("Participant")  under  the
Werner  Enterprises, Inc. Equity Plan (as defined  and  described
below).   As set forth herein, this Agreement is subject  to  the
terms and conditions of the Werner Enterprises, Inc. Equity Plan,
as may be amended from time to time.

                            RECITALS

     WHEREAS,   the  Company  has  in  effect   the   Werner
     Enterprises,  Inc.  Equity Plan,  which  was  initially
     adopted by the Company on May 12, 1987 and ratified and
     approved by the stockholders of the Company on June  9,
     1987  as the Werner Enterprises, Inc. Stock Option Plan
     (as  amended  and restated on May 3, 1994, February  8,
     2000, May 9, 2000, February 25, 2003 and May 11, 2004),
     and  which was amended, restated and renamed the Werner
     Enterprises, Inc. Equity Plan by the Company  on  March
     15,  2007 and ratified and approved by the stockholders
     of  the Company on May 8, 2007 (the "Plan"), and  which
     may be amended and restated from time to time;

     WHEREAS,  the  Plan  permits shares  of  the  Company's
     common stock, $0.01 par value (the "Common Stock"),  to
     be  granted as restricted stock to (i) any key employee
     (including an employee who is a member of the Company's
     Board  of Directors (the "Board") and/or an officer  of
     the  Company  and its subsidiaries) and (ii)  any  non-
     employee member of the Board;

     WHEREAS,  the  Company believes it to be  in  the  best
     interests  of  the  Company and  its  stockholders  for
     certain key employees and non-employee members  of  the
     Board  to  obtain  or  increase their  stock  ownership
     interest in the Company in order to establish a greater
     incentive in providing services to the Company  and  to
     further  align  their  interests  with  those  of   the
     stockholders of the Company; and

     WHEREAS, Participant is a [key employee][a non-employee
     member  of  the  Board] and has been  selected  by  the
     Compensation  Committee of the Board (the  "Committee")
     to receive an award of restricted stock under the Plan.

                            AGREEMENT

NOW,  THEREFORE,  in  consideration of the promises  and  of  the
covenants  and  agreements herein set forth, the  parties  hereby
mutually covenant and agree as follows:

                           Page 1 of 7

<PAGE>

1.    Grant  of  Restricted  Stock.  Subject  to  the  terms  and
      -----------------------------
conditions of the Plan (attached hereto as Exhibit A and  made  a
part  hereof)  and this Agreement, the Company hereby  grants  to
Participant an aggregate number of [_______] restricted shares of
Common   Stock  (such  restricted  shares  of  Common  Stock  are
hereinafter  referred  to  as  the "Restricted  Stock"   or   the
"Award").   The Restricted Stock granted under this Agreement  is
exempt from Section 409A of the Internal Revenue Code of 1986, as
amended.  The Restricted Stock was granted to Participant on  the
aforementioned Grant Date.

2.    Acceptance of Award.  The granting of this Restricted Stock
      --------------------
Award  does  not impose any obligation on Participant  to  accept
such  Award.  By accepting the Award, however, Participant agrees
to  be  subject  to and bound in accordance with  the  terms  and
conditions   of  this  Agreement  and  the  Plan.   Participant's
execution   of  this  Agreement  shall  evidence  and  constitute
Participant's acceptance of the Award contemplated herein.

3.    Vesting.   [The Restricted Stock shall become nonrestricted
      --------
and fully vested, and restrictions on such Restricted Stock shall
lapse,  on  [__________,  20___] (the "Vesting  Date").][Separate
designated  portions of the Restricted Stock shall become  vested
on  the  "Vesting  Dates" as set forth on  the  Vesting  Schedule
(attached  hereto as Exhibit B and made a part  hereof).]   Until
the  occurrence  of the Vesting Date[s], [all of  the  Restricted
Stock][each portion of Restricted Stock for which the  respective
Vesting  Date  has  not  occurred] shall be  non-vested,  may  be
canceled   and   forfeited  upon  Participant's  termination   of
employment  and may not be subject to further vesting under  this
Agreement, pursuant to the Plan and Section 7 of this Agreement.

4.    Value  of Restricted Stock.  Participant acknowledges  that
      ---------------------------
the  value  of each share of Restricted Stock granted under  this
Agreement  is  not predetermined, fixed, permanent  or  otherwise
set,  specified or guaranteed whatsoever.  On the Vesting Date[s]
and  each  subsequent date thereafter, the value of  such  shares
that  fully  vest and become unrestricted shall  equal  the  Fair
Market Value of the Common Stock of the Company on the respective
date.   Participant acknowledges that the Fair  Market  Value  of
such shares may fluctuate and vary according to market conditions
and other factors.  "Fair Market Value" means the closing trading
price  of  one share of Common Stock on the NASDAQ Global  Select
MarketSM  securities exchange, as published by  the  Wall  Street
Journal for the date in question.

5.    Taxes.   Participant  will be solely  responsible  for  any
      ------
federal,  state, local or other taxes imposed in connection  with
the  granting and acceptance of the Restricted Stock pursuant  to
this  Agreement and the Plan and with the delivery of  Restricted
Stock  that has vested and become unrestricted pursuant  thereto.
Participant  acknowledges that upon Participant's recognition  of
the   income  with  respect  to  the  Restricted  Stock   granted
hereunder, the Company may withhold taxes pursuant to  the  terms
of the Plan.

6.   Issuance Upon Vesting; Withholdings.
     ------------------------------------

     (a)  On  the  designated Vesting Date[s], Participant  shall
          have  all  rights as a stockholder and be  entitled  to
          certificates  for  Restricted  Stock  that  vested  and
          became unrestricted upon Participant's satisfaction  of
          all    applicable   tax   withholding    amounts    and
          requirements.   The shares are payable  to  Participant
          [upon vesting][[_______] ([___]) days after the end  of
          the  [vesting period][performance period, as  based  on

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<PAGE>

          the  Committee's assessment of the extent to which  the
          performance goals were achieved]].

     (b)  The  Company is not obligated to deliver any Restricted
          Stock  that  has vested and become unrestricted  unless
          Participant  has  satisfied  all  applicable   federal,
          state,  local  and other tax withholding  requirements.
          Participant  may  pay all required withholding  amounts
          pursuant to the provisions of the Plan.

7.    Termination of Employment; Death.  Subject to the Plan  and
      ---------------------------------
this   Agreement  and  unless  the  Plan  and  Agreement  provide
otherwise,  during  Participant's lifetime, only  Participant  is
entitled  to  receive  the  Restricted Stock  granted  hereunder.
Termination  of  Participant's employment with the  Company  will
affect  the  forfeiture of, and rights to become vested  in,  the
Restricted  Stock  granted herein and shall be  governed  by  the
provisions  of  the  Plan.  In the event Participant  dies  while
holding  Restricted Stock (not otherwise forfeited), all  service
period and other restrictions applicable to such Restricted Stock
shall  lapse, and such Restricted Stock shall become fully vested
and nonforfeitable in accordance with the Plan.

8.    Nonassignability of Award.  The Award of  Restricted  Stock
      --------------------------
shall  not  be  assigned,  mortgaged,  pledged,  attached,  sold,
transferred or otherwise encumbered by Participant other than  by
will  or the applicable laws of descent and distribution,  except
as  may be permitted by the Board or Committee from time to  time
in   accordance  with  the  Plan.   If  Participant  attempts  to
alienate,  assign,  pledge, hypothecate or otherwise  dispose  of
Participant's  Restricted  Stock  Award,  such   Award   may   be
terminated and become null and void pursuant to the Plan.

9.    [No ]Stockholder  and Dividend Rights.  [Participant  shall
      --------------------------------------
not  be  deemed  for  any purpose to have any  dividend,  voting,
liquidation or other rights with respect to the Restricted  Stock
granted  hereunder,  except to the extent  that  such  Restricted
Stock vests and becomes unrestricted and Participant then becomes
entitled  to  an  issued stock certificate for  such  vested  and
unrestricted   shares,  pursuant  to  this  Agreement   and   the
Plan.][Participant shall have dividend[ and voting]  rights  with
respect to Restricted Stock granted under this Agreement.   These
dividend[  and  voting]  rights  shall  accrue  to  Participant's
benefit  only  with  regard  to  the  Restricted  Stock  held  by
Participant on the record date of the payable dividend[  and  the
voting date], and dividends paid on unvested Restricted Stock may
be  held  in  escrow by the Company and are subject to  the  same
forfeitability and transferability restrictions as the underlying
Restricted Stock.]

10.  Restrictions on Transfers of Common Stock.
     ------------------------------------------

     (a)  Participant  agrees individually and for  Participant's
          heirs, legatees and legal representatives, with respect
          to  all  unrestricted shares of Common  Stock  acquired
          pursuant  to the terms and conditions of this Agreement
          (or  any  shares of Common Stock issued pursuant  to  a
          stock dividend or stock split thereon or any securities
          issued  in lieu thereof or in substitution or  exchange
          therefor),  that  Participant and Participant's  heirs,
          legatees  and legal representatives shall not  sell  or
          otherwise dispose of such shares except pursuant to  an
          effective  registration statement under the  Securities
          Act of 1933 (the "1933 Act") or except in a transaction
          which,  in  the opinion of counsel for the Company,  is
          exempt  from  the registration and prospectus  delivery
          requirements under the Act.

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<PAGE>

     (b)  As  further conditions to Participant's receipt of  the
          unrestricted  Common Stock acquired  pursuant  to  this
          Agreement and the Plan, Participant agrees individually
          and   for  Participant's  heirs,  legatees  and   legal
          representatives,  prior to such acquisition,  to  those
          investment representations and warranties set forth  in
          Section  16 hereto and to take those other actions,  as
          counsel for the Company determines may be necessary  or
          appropriate  for compliance with the 1933 Act  and  any
          applicable    securities   laws.    Participant    also
          understands  and  acknowledges that federal  and  state
          securities  laws govern Participant's  right  to  sell,
          transfer and otherwise dispose of the Restricted Stock,
          whether vested or unvested.

     (c)  Unless  otherwise determined by the Board,  Participant
          agrees  that if any certificate representing restricted
          shares  of  Common Stock acquired under this  Agreement
          and  in accordance with the Plan is issued prior to the
          Vesting  Date[s] of such restricted shares,  then  such
          certificate  shall bear a legend substantially  similar
          to  the  following  (and any other  legend  as  may  be
          required by state securities laws):

               The   shares  of  Common  Stock   of   Werner
               Enterprises,   Inc.   represented   by   this
               certificate are restricted securities as that
               term  is  defined under Rule 144  promulgated
               under  the Securities Act of 1933, as amended
               (the  "Act").  These shares may not be  sold,
               assigned,  transferred or disposed of  unless
               (i)  such shares are registered under the Act
               or  (ii)  such sale, assignment, transfer  or
               disposition of such shares is exempt from the
               registration    and    prospectus    delivery
               requirements  of the Act and  any  applicable
               state securities laws.  Any sale, assignment,
               exchange, gift, transfer or other disposition
               of  the  Common  Stock  represented  by  this
               certificate  is  subject  to  the  terms  and
               provisions  of  the Werner Enterprises,  Inc.
               Equity  Plan  and the Restricted Stock  Award
               Agreement, dated [__________, 20___], by  and
               between   Werner   Enterprises,   Inc.    and
               [Participant].
                -----------

     (d)  Unless  the Board determines otherwise, any certificate
          representing   unrestricted  shares  of  Common   Stock
          acquired  under  this Agreement and in accordance  with
          the  Plan shall not bear a restrictive legend, provided
          Participant  satisfies the requirements  set  forth  in
          Section 6 hereto.

11.  Adjustments.  In the event there is change in the number  or
     ------------
rights  and privileges of the outstanding shares of Common  Stock
(or of any stock or other securities into which such Common Stock
may  be changed or for which it may be exchanged), then the Board
or  Committee  may adjust the number or rights and privileges  of
the shares subject to the Restricted Stock Award if the Board  or
Committee  in  its  sole discretion determines that  such  change
equitably   requires  such  an  adjustment.   As  part   of   the
adjustment, the Board or Committee shall determine, in  its  sole
discretion, the manner of any such adjustment.  Any adjustment or
substitution  provided for in this Section 11 or the  Plan  shall
not result in the issuance of any fractional shares.

12.   Board and Committee Authority.  As consistent with the Plan
      ------------------------------
and  this  Agreement, the Board and Committee have the power  and
discretion  to  interpret this Agreement;  adopt  rules  for  the

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<PAGE>

administration, interpretation and application of this Agreement;
and  interpret  or  revoke  any such rules  (including,  but  not
limited  to, determinations of employment termination and whether
any  Restricted Stock has vested or shall be deemed vested).  All
actions taken and all interpretations and determinations made  by
the  Board and Committee in good faith will be final and  binding
upon  Participant, the Company and all other interested  parties.
No member of the Board or Committee will be personally liable for
any  action, determination or interpretation made in  good  faith
with respect to this Agreement.

13.  Rights and Powers of Company Not Affected.  The existence of
     ------------------------------------------
the  Restricted  Stock  granted under this  Agreement  shall  not
affect  in  any  way the rights or powers of the Company  or  its
stockholders  to  authorize and effect any  or  all  adjustments,
recapitalizations,  reorganizations or other  transformations  or
alterations  to  the  Company's capital  structure,  business  or
operations;  any  merger  or  acquisition  of  the  Company;  any
issuance   of  bonds  or  debentures;  any  preferred  or   prior
preference  stock ahead of or affecting the Common Stock  or  the
rights thereof; a dissolution or liquidation of the Company;  any
sale  or  transfer of all or any part of the Company's assets  or
business;  or any other lawful corporate act or proceeding  of  a
similar character or otherwise.

14.   No  Right to Employment.  The provisions of this  Agreement
      ------------------------
(including the granting and vesting of the Restricted  Stock)  do
not  confer  upon  Participant any right to continued  employment
with  the  Company  or  its subsidiaries,  nor  do  any  of  such
provisions interfere in any way with the right of the Company  or
subsidiary  (as  the  case  may be)  to  terminate  Participant's
employment   or   to  make  any  modification  to   Participant's
compensation at any time.

15.    Changes   in   Circumstances   Affecting   Common   Stock.
       ----------------------------------------------------------
Participant  expressly  understands and agrees  that  Participant
assumes  all  risks incident to (i) any change hereafter  in  any
applicable laws or regulations or (ii) any change in the value of
the   Restricted  Stock  issued  under  this  Agreement  or   the
outstanding Common Stock after the date hereof.

16.   Participant  Representations and  Warranties.   Participant
      ---------------------------------------------
acknowledges, represents and warrants the following:

     (a)  Any Restricted Stock acquired by Participant under this
          Agreement  is for Participant's own account, investment
          purposes only and is not acquired with a view to or for
          the  resale, distribution or fractionalization thereof,
          in  whole or in part, and no other person has a  direct
          or  indirect  beneficial interest  in  such  Restricted
          Stock.

     (b)  The offering and acceptance of the Restricted Stock  is
          intended  to  be  exempt  from registration  under  the
          Securities  Act  of 1933, as amended (the  "Act"),  and
          Participant  will not sell or otherwise  transfer  such
          shares  without  registration  under  the  Act  or   an
          exemption therefrom.

     (c)  Sales  or  transfers  of the Restricted  Stock  granted
          hereunder  are further restricted by the provisions  of
          the  Plan  and applicable federal and state  securities
          laws, rules and regulations.

                           Page 5 of 7
<PAGE>

     (d)  Participant  has knowledge and experience in  financial
          and business matters and understands and is capable  of
          evaluating  the  merits  and  inherent  risks   of   an
          investment of this nature.

     (e)  Participant  (i)  has the financial ability  and  fully
          agrees  to  bear  the  economic risk  of  his  acquired
          investment in the Company; (ii) has adequate means  for
          providing   for   his   current  needs   and   personal
          contingencies;  and (iii) does not need liquidity  with
          respect to his acquired investment in the Company.

     (f)  Participant has obtained, or had reasonable opportunity
          to   obtain,  sufficient  information  concerning   the
          Restricted  Stock,  Company  and  any  other   relevant
          information relating to an acquired investment  in  the
          Restricted Stock.

     (g)  In  making his decision to accept the Restricted Stock,
          Participant shall rely solely upon this Agreement,  the
          Plan,  any written information supplied by the  Company
          (or its authorized representatives) and any independent
          investigations made by Participant.  Participant  shall
          not rely on the Company or any of its officers or Board
          members  with  respect to tax advice or other  economic
          considerations  involved in an acquired  investment  of
          Restricted   Stock   relating  to   Participant's   own
          respective tax and economic situation.

17.    Notice.   All  notices,  claims,  certificates,  requests,
       -------
demands and other communications provided hereunder shall  be  in
writing and shall be deemed duly given if personally delivered or
if   sent  by  a  recognized  overnight  courier;  registered  or
certified mail (return receipt requested and postage prepaid); or
telecopy,  facsimile or other means of electronic  correspondence
(confirmation  of  receipt requested).   Participant  shall  send
notice to the Corporate Secretary of the Company at the Company's
principal  executive offices in Omaha, Nebraska, and the  Company
shall  send  notice to Participant at an address  designated  and
provided by Participant to the Corporate Secretary.  Notice shall
be  deemed to be received as follows:  (i) for personal delivery,
on the date of such delivery; (ii) for recognized courier, on the
next  business day after sent; (iii) for registered or  certified
mail,  on  the  third business day following that  on  which  the
notice  was  postmarked;  and  (iv) for  telecopy,  facsimile  or
electronic correspondence, when receipt of confirmation is  given
(or if no receipt is provided, on the business day after the date
sent).

18.   Assignment  of Agreement.  Participant is  prohibited  from
      -------------------------
assigning,  transferring or otherwise conveying  this  Agreement,
including  any  or  all of Participant's duties  and  obligations
hereunder, until the terms, conditions and restrictions contained
herein  have been satisfied and released or unless the  Board  or
Committee consents and permits otherwise.

19.  Amendment or Modification; Counterparts.  This Agreement may
     ----------------------------------------
be amended, modified or supplemented only by a written instrument
executed by all parties to this Agreement.  This Agreement may be
executed in one or more counterparts.  Each counterpart shall  be
deemed  original,  but  all  such  counterparts  together   shall
constitute but one agreement.

20.   Severability.   If  any  provision  of  this  Agreement  is
      -------------
adjudicated or determined by a court of competent jurisdiction to
be  invalid,  prohibited or unenforceable for any lawful  reason,
such provision (as to such jurisdiction) shall be ineffective and
rendered  null and void.  In such event, the remaining provisions
of this Agreement shall remain effective, valid and enforceable.

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<PAGE>

21.  Governing Law.  This Agreement shall be governed by the laws
     --------------
of  the  State  of Nebraska without regard to the  principles  of
conflicts of laws and with respect to all matters, including (but
not  limited  to)  matters  of  validity,  construction,  effect,
performance and remedies.  Participant expressly submits  to  the
exclusive  personal  jurisdiction  and  exclusive  venue  of  the
federal  and state courts of competent jurisdiction in the  State
of Nebraska.

22.   Waiver of Jury Trial.  Each party to this Agreement  hereby
      ---------------------
irrevocably  and  unconditionally waives, to the  fullest  extent
permitted by law, the right to trial by jury in any suit,  action
or proceeding arising hereunder.

23.   Terms of the Plan Govern.  All parties acknowledge that the
      -------------------------
Restricted Stock is granted under and pursuant to the Plan, which
shall  govern all rights, interests, obligations and undertakings
of  the  Company and Participant.  The Plan shall govern  and  be
controlling  in the event (i) any of the terms of  the  Plan  and
this   Agreement  are  inconsistent  or  conflict  or  (ii)  this
Agreement is silent and does not include provisions with  respect
to  a  particular matter or circumstance.  All capitalized  terms
not otherwise defined herein shall have the meanings assigned  to
such terms in the Plan.

IN WITNESS WHEREOF, the parties hereto agree to the terms and
conditions herein and have executed this Restricted Stock Award
Agreement, effective as of the Grant Date first set forth above.

PARTICIPANT:                         WERNER ENTERPRISES, INC.:

                                 By:
---------------------------          ---------------------------
Signature                            Signature

---------------------------          ---------------------------
Name (Print)                         Name (Print)

---------------------------          ---------------------------
Title                                Title

---------------------------          ---------------------------
Date                                 Date

                           Page 7 of 7
<PAGE>

                            EXHIBIT A
                            ---------

                    WERNER ENTERPRISES, INC.
                           EQUITY PLAN

<PAGE>

                           [EXHIBIT B]
                            ---------

                        VESTING SCHEDULE

Separate  portions  of the Restricted Stock granted  pursuant  to
this Agreement shall vest on the "Vesting Dates" according to the
following schedule and the [__________, 20___] Grant Date:

     1. First  Vesting  Date.  [_______] percent  ([_____%])
        of  the  shares of the Restricted Stock Award  shall
        become  vested, and the restrictions on such  shares
        shall lapse, on [__________, 20___];

     2. [Second]    Vesting    Date.    [_______]    percent
        ([_____%])  of  the shares of the  Restricted  Stock
        Award  shall become vested, and the restrictions  on
        such shares shall lapse, on [__________, 20___];

     3. [Third]  Vesting Date.  [_______] percent ([_____%])
        of  the  shares of the Restricted Stock Award  shall
        become  vested, and the restrictions on such  shares
        shall lapse, on [__________, 20___];

     4. [Fourth]    Vesting    Date.    [_______]    percent
        ([_____%])  of  the shares of the  Restricted  Stock
        Award  shall become vested, and the restrictions  on
        such  shares  shall lapse, on [__________,  20___];[
        and]

     5. [Fifth]  Vesting Date.  [_______] percent ([_____%])
        of  the  shares of the Restricted Stock Award  shall
        become  vested, and the restrictions on such  shares
        shall  lapse, on [__________, 20___].  On such final
        Vesting  Date,  all shares of the  Restricted  Stock
        Award  shall  have vested, and all  restrictions  on
        such  shares shall have lapsed, after the expiration
        of [_______] ([___]) years from the Grant Date.ex10-1.htm

     

    EXHIBIT 10.1

    
      THIRD
AMENDMENT TO OFFICE LEASE

       

      This Third Amendment to Office Lease (the “Third Amendment”), dated
November 30, 2009, is made by and between DOUGLAS EMMETT 1993, LLC, a Delaware
limited liability company (“Landlord”), with offices at 808 Wilshire Boulevard,
Suite 200, Santa Monica, California 90401, and CytRx CORPORATION, a Delaware
corporation (“Tenant”), with offices at 11726 San Vicente Boulevard, Suites 650
and 688, Los Angeles, California 90049.

       

      WHEREAS,

       

      A.           DOUGLAS
EMMETT JOINT VENTURE, a California general partnership (“DEJV”), pursuant to the
provisions of that certain Office Lease dated April 13, 2000 (the “Original Lease”), leased to
THE KRIEGSMAN CAPITAL GROUP, LLC, a California limited liability company (“Original Tenant”), and
Original Tenant leased from DEJV space in the property located at 11726 San
Vicente Boulevard, Los Angeles, California  (the “Building”), commonly known as
Suite 650 (the “Original
Premises”);

       

      B.           Landlord,
Original Tenant and Tenant subsequently entered into that certain Assignment,
Assumption and Consent dated July 31, 2003 (the “Assignment”), whereby Original
Tenant assigned all of its right, title and interest in and to the Lease to
Tenant, and Tenant assumed all of Original Tenant’s obligations under the
Original Lease;

       

      C.           Landlord
acquired all of DEJV’s interest, right and title in and to the real property and
Building in which the Premises are located, becoming successor-in-interest to
DEJV and landlord under the Lease;

       

      D.           Landlord
and Tenant subsequently entered into that certain First Amendment to Office
Lease dated October 14, 2005 (the “First Amendment”), wherein
Tenant expanded its occupancy within the Building to include Suite 688 (the
“Suite
688”);

       

      E.           Landlord
and Tenant subsequently entered into that certain Second Amendment to Office
Lease dated March 25, 2008 (the “Second
Amendment”);

       

      F.           Tenant
wishes to surrender possession of the Original Premises (the “Surrender Space”), lease Suite
600 (the “Expansion
Space”) as shown on Exhibit A, re-name the Expansion Space as Suite 650
and extend the Term of the Lease, pursuant to this Third Amendment;

       

      G.           Landlord
has conditionally approved Tenant’s lease of the Expansion Space and the
surrender of the Original Premises, contingent upon Tenant’s acceptance of and
compliance with the provisions of this Third Amendment; and

       

      H.           Landlord
and Tenant, for their mutual benefit, wish to revise certain other covenants and
provisions of the Lease.

       

      NOW, THEREFORE, in
consideration of the covenants and provisions contained herein, and other
good and valuable consideration, the sufficiency of which Landlord and Tenant
hereby acknowledge, Landlord and Tenant agree:

       

      
        	
                1.

              	
                Confirmation of Defined
      Terms.  Unless modified herein, all terms previously
      defined and capitalized in the Lease shall hold the same meaning for the
      purposes of this Third Amendment.  The Original Lease, as
      amended by the First Amendment, the Second Amendment and this Third
      Amendment, shall herein be referred to as the “Lease”.

              

      

       

      
        	
                2.

              	
                Extension of
      Term.  Notwithstanding anything to the contrary contained
      herein, the Term of the Lease is hereby extended through and including
      midnight on the last calendar day of the sixtieth (60th)
      full calendar month after the Expansion Date (as hereinafter defined) (the
      “Termination
      Date”).  The period commencing on the Expansion Date and
      continuing through and including the Termination Date shall be referred to
      herein as the “Expansion Term”.

              

      

       

      
        	
                3.

              	
                Surrender Space and Terms of
      Surrender.  On or before 11:59 p.m. on the date (the
      “Surrender Date”)
      that is the day before the Expansion Date (hereinafter defined),
      Tenant shall vacate and deliver to Landlord the exclusive possession of
      the Original Premises pursuant to the same provisions and requirements of
      the Lease as would apply to surrender of the Premises upon expiration of
      the Lease. Tenant shall deliver to Landlord any plans and specifications,
      maintenance records, warranties, permits, approvals and licenses
      pertaining to the Surrender Space or to any improvements remaining
      thereon, or to both (but not pertaining to
  Tenant’s

              

      

       

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      business
conducted therein) in the possession of Tenant. All of the terms, covenants,
agreements and conditions of the Lease remain in full force and effect with
respect to the Surrender Space through the Surrender Date.  Tenant
shall continue to pay all rent and monetary obligations that accrue through and
including the Surrender Date, as such become due and payable under the
Lease.  As of 11:59 p.m. on the Surrender Date, the surrender of
the Surrender Space will be deemed effective and the monetary obligations with
respect to the Surrender Space shall be prorated, billed and payable in the
manner provided in the Lease, in the same manner as would apply if the term of
the Lease expired on the Surrender Date with respect to the Surrender Space. If
Tenant vacates the Surrender Space, but leaves any property, trash or debris
therein, or if there is any damage to the Surrender Space beyond reasonable wear
and tear, then the costs incurred by Landlord in the removal or repair of such
items, as the case may be, shall be billed directly to Tenant as additional
rent.   Notwithstanding any provision of this Third Amendment to the
contrary, in the event that Tenant fails timely to vacate and deliver exclusive
possession of the Surrender Space to Landlord by the Surrender Date as required
under the Lease, except as amended by this Third Amendment, Tenant shall be
deemed to be holding over with respect to the Surrender Space and such
possession shall be a tenancy at sufferance under the terms of the
Lease.

       

      3.1           Release Of Liability and
Claims.  Contingent upon
Landlord and Tenant fully performing the covenants and provisions contained
herein and in the Lease, then, except as otherwise contained herein, on the
Surrender Date (or if Tenant holds over in the Surrender Space, such later date
as Tenant actually surrenders possession of the Surrender Space). Landlord and
Tenant shall be fully and unconditionally released and discharged from their
respective obligations arising from or connected with the Lease with respect to
the Surrender Space. Tenant, for itself, and on behalf of any third party
claiming by, on behalf of or after Tenant, hereby releases any rights or claims
to occupancy of the Surrender Space and/or any benefit thereof, arising out of
in connection with the Lease after the Surrender Date.

       

      3.2           Disclaimer.  The
Lease provides for payment of Tenant’s Share of Operating Expenses periodically
on an estimated basis with adjustment to the actual amounts due at some time in
the future.  Tenant has not received a final calculation of the actual
amount due for the period of time ending on the Surrender Date with respect to
the Surrender Space. Accordingly, Tenant understands and agrees
that:

       

      a)           Landlord’s
estimate or allocation of anticipated increases in payments owed for Tenant’s
Share of Operating Expenses is only an estimate by Landlord and is not intended
nor shall be construed as a limitation or ceiling upon the actual amounts which
may be due;

       

      b)           Tenant
shall be solely responsible for payment of Tenant’s Share of Operating Expenses
with respect to the Surrender Space through and including the Surrender Date (or
if Tenant holds over in the Surrender Space, such later date as Tenant actually
surrenders possession of the Surrender Space) by virtue of such adjustments and
shall be solely entitled to any refunds resulting from such adjustments, even if
such calculations are rendered to Tenant by Landlord after the Surrender Date;
and

       

      c)           The
final reconciliation of Tenant’s Share shall not be completed until after the
year end of the calendar year for which such computations are to be made, after
which computation has been completed, Landlord shall notify Tenant of any
adjustment in Additional Rent due for the balance of the period Tenant is in
possession of the Surrender Space, computed to and including the Surrender Date
(or if Tenant holds over in the Surrender Space, such later date as Tenant
actually surrenders possession of the Surrender Space).

       

      
        	
                4.

              	
                Expansion Date and Expansion
      Term.  The lease of the Expansion Space shall be
      effective, and Landlord shall deliver possession of Expansion Space to
      Tenant for occupancy upon, the date which is the next business day after
      Substantial Completion (as hereinafter defined) of the Landlord Work
      contemplated in Exhibit B (“Expansion Date”) and,
      upon such delivery, the Expansion Space shall become a part of the
      “Premises” as defined in the Lease. The anticipated
      Expansion Date is February 15, 2010.  In the event of any Tenant
      Delay (as such term is defined in Exhibit B), in addition to any other
      remedies available to Landlord under the Lease or applicable law, the
      Expansion Date shall be the next business day after the date the
      Improvements would have been Substantially Completed had no such Tenant
      Delay occurred. Landlord and Tenant shall promptly execute an amendment to
      the Lease, confirming the finalized Expansion Date and Expansion Term as
      soon as they are determined. For purposes of establishing the Expansion
      Date, Substantial Completion shall be defined as and the
      Landlord

              

      

       

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      Work
shall be deemed “Substantially
Complete”, when the Landlord Work as described in Exhibit B is complete
and the City of Los Angeles has issued a final sign-off on all building permits
for such Landlord Work, except for millwork or minor, insubstantial details of
construction, corrective work or decoration of a purely cosmetic nature or
mechanical adjustments which remain to be done which taken together will not
materially interfere with Tenant’s quiet enjoyment and full utilization of the
entirety of the Expansion Space (“Punchlist Matters”) and
Landlord shall have delivered possession of the Expansion Space to the Tenant
(which delivery shall have occurred upon delivery of the keys to the Expansion
Space to Tenant).  Substantial Completion shall be deemed to have occurred
notwithstanding a requirement to complete Punchlist Matters.  Landlord
shall provide Tenant with notice of Landlord’s estimate of Substantial
Completion approximately ten (10) business days prior to Landlord’s good faith
estimate of when Substantial Completion is expected to occur (which notice
requirement, notwithstanding any contrary provisions of the Lease, may be
satisfied by delivering notice to the person identified as Tenant’s
representative in Section 6.1 of Exhibit B attached hereto), provided that such
notice shall represent Landlord’s good faith estimate only and shall not
constitute a representation, warranty or covenant as to Substantial Completion
occurring on the particular date stated in the notice; such notice shall have no
bearing on establishment of the Expansion Date; and Landlord shall have no
liability in the event Landlord’s good faith estimate is inaccurate. However,
Substantial Completion cannot occur unless Landlord shall have given the notice
to Tenant of the anticipated Substantial Completion date approximately ten (10)
business days prior to the good faith estimate of the Substantial Completion
date.

       

      Tenant’s
taking possession of the Expansion Space and/or commencing Tenant’s normal
business operations in the Expansion Space shall be deemed conclusive evidence
that, as of the Expansion Date, Landlord has Substantially Completed the Tenant
Improvements contemplated hereunder, except for any Punchlist Matters (as such
term is defined in Exhibit B attached hereto) to be completed as identified on
the Punchlist prepared by Landlord pursuant to Exhibit B.

       

      If for
any reason (including any Tenant Delay or Landlord’s inability to complete the
Improvements called for hereunder) Landlord is unable to deliver possession of
the Expansion Space to Tenant on the anticipated Expansion Date, this Third
Amendment shall not be void or voidable, nor shall Landlord be liable to Tenant
for any damage resulting from Landlord’s inability to deliver such
possession.  However, Tenant shall not be obligated to pay the Fixed
Monthly Rent or Additional Rent that Tenant is required to pay for the Expansion
Space pursuant to this Third Amendment until the next business day after
Substantial Completion, subject to any Tenant Delay.  Except for such
delay in the commencement of Rent (but subject to any acceleration of the
Expansion Date as a result of any Tenant Delay), Landlord’s failure to give
possession on the anticipated Expansion Date shall in no way affect Tenant’s
obligations hereunder. If possession of the Expansion Space is not tendered by
Landlord within forty-five (45) days after the anticipated Expansion Date, then,
subject to any Tenant Delay, Tenant shall have the right to terminate the terms
of this Third Amendment only (and not the Lease) by giving written notice to
Landlord within ten (10) days after such failure. Landlord shall have ten (10)
business days after receipt of such notice to cure such failure and, if Landlord
has not cured the matter within such time period (subject to any Tenant Delay),
the entire Lease shall terminate upon a second (2nd)
written notice from Tenant after such failure to cure.  If such notice
of termination is not so given by Tenant within said ten (10) day time period,
then this Third Amendment shall continue in full force and effect.

       

      If, due
to Force Majeure, Landlord is unable to tender possession of the Expansion Space
within sixty (60) days after the anticipated Expansion Date (but subject to a
day for day extension for each day of a Tenant Delay), then this Third Amendment
and the rights and obligations of Landlord and Tenant under this Third Amendment
only shall terminate automatically, without further liability by either party to
the other, and without further documentation being required.

       

      
        	
                5.

              	
                Expansion of
      Premises.  As of the Expansion Date, the definition of
      the Premises shall be revised to include both Suite 688 and the Expansion
      Space and the same shall be renamed Suite 650, and wherever in the Lease
      the word “Premises” is found, it shall thereafter refer to both Suite 688
      and the Expansion Space together, as if the same had been originally
      included in said Lease. As of the Expansion Date, the Usable Area of the
      Premises shall increase from 3,883 square feet to 4,730 square feet and
      the Rentable Area of the Premises shall increase from 4,721 square feet to
      5,739 square feet.

              

      

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      Landlord
engaged an independent third party space plan audit firm to measure the Usable
Area of the Expansion Space in accordance with the June, 1996 standards
published by  Building Owners’ and Managers’ Association (“BOMA”).  Based upon
such re-measurement Landlord has been advised that the accurate Usable Area of
the Expansion Space is approximately 3,603 square feet. Based on Landlord’s
deemed load factor as indicated herein below, the corrected Rentable Area of the
Expansion Space is hereby agreed to be approximately 4,331 square feet.  Landlord and Tenant
agree that Landlord is utilizing an add-on factor of 20.20% to compute the
Rentable Area of the Expansion Space.  Rentable Area herein is
calculated as 1.2020 times the estimated Usable Area, regardless of what the
actual square footage of the common areas of the Building may be, and whether or
not they are more or less than 20.20% of the total estimated Usable Area of the
Building. The purpose of this calculation is solely to provide a general basis
for comparison and pricing of this space in relation to other spaces in the
market area.

       

      
        	
                6.

              	
                Revision in Fixed
      Rent.  Commencing on the Expansion Date, and continuing
      through the last calendar day of the twelfth (12th)
      calendar month of the Expansion Term, the Fixed Monthly Rent payable by
      Tenant for the Premises shall be $23,242.95 per
  month.

              

      

       

      Commencing
the first calendar day of the thirteenth (13th)
calendar month of the Expansion Term, and continuing through the last calendar
day of the twenty-fourth (24th)
calendar month of the Expansion Term, the Fixed Monthly Rent payable by Tenant
for the Premises shall increase from $23,242.95 per month to $23,940.24 per
month.

       

      Commencing
the first calendar day of the twenty-fifth (25th)
calendar month of the Expansion Term, and continuing through the last calendar
day of the thirty-sixth (36th)
calendar month of the Expansion Term, the Fixed Monthly Rent payable by Tenant
for the Premises shall increase from $23,940.24 per month to $24,658.45 per
month.

       

      Commencing
the first calendar day of the thirty-seventh (37th)
calendar month of the Expansion Term, and continuing through the last calendar
day of the forty-eighth (48th)
calendar month of the Expansion Term, the Fixed Monthly Rent payable by Tenant
for the Premises shall increase from $24,658.45 per month to $25,398.20 per
month.

       

      Commencing
the first calendar day of the forty-ninth (49th)
calendar month of the Expansion Term, and continuing through the last calendar
day of the sixtieth (60th)
calendar month of the Expansion Term, the Fixed Monthly Rent payable by Tenant
for the Premises shall increase from $25,398.20 per month to $26,160.14 per
month.

       

      
        	
                7.

              	
                Revision to Tenant’s
      Share.  As of the Expansion Date, Tenant’s Share, solely
      as it relates to the Expansion Space, shall be
  4.82%.

              

      

       

      
        	
                8.

              	
                Revision to Base
      Year.  As of the Expansion Date, the Base Year for
      Tenant’s payment of increases in Operating Expenses solely for the
      Expansion Space shall be calendar year
2010.

              

      

       

      As of
July 1, 2011, the Base Year for Tenant’s payment of increases in Operating
Expenses, solely as it relates to Suite 688, shall be calendar year
2011.

       

      
        	
                9.

              	
                Modification to Security
      Deposit.  Landlord acknowledges that it currently holds
      the sum of $19,745.37 as a Security Deposit under the Lease, which amount
      Landlord shall continue to hold throughout the Expansion Term, unless
      otherwise applied pursuant to the provisions of the
      Lease.  Concurrent with Tenant’s execution of this Third
      Amendment, Tenant shall tender the sum of $81,414.77, which amount
      Landlord shall add to the Security Deposit already held by Landlord, so
      that thereafter, subject to application of such amounts to Fixed Monthly
      Rent as provided in Section 9.1, below, Landlord shall hold a total of
      $101,160.14 as a Security Deposit on behalf of Tenant. Tenant hereby
      waives the provisions of Section 1950.7 of the California Civil Code, and
      all other laws, statutes, ordinances or other governmental rules,
      regulations or requirements now in force or which may hereafter be enacted
      or promulgated, which (i) establish the time frame by which Landlord must
      refund a security deposit under a lease, and/or (ii) provide that Landlord
      may claim from the Security Deposit only those sums reasonably necessary
      to remedy defaults in the payment of rent, to repair damage caused by
      Tenant or to clean the Premises, it being agreed that Landlord may, in
      addition, claim those sums specified in Lease Article 18, and/or those
      sums reasonably necessary to compensate Landlord for any loss or damage
      caused by Tenant’s breach of the Lease or the acts or omission of Tenant
      or any Tenant Party. As used in the Lease a “Tenant Party” shall mean
      Tenant, any employee of Tenant, or any agent, authorized representative,
      design consultant or construction manager engaged by or under the control
      of Tenant.

              

      

       

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      9.1           Corresponding
Reduction to Security Deposit and Rent Offset.

       

      (a)           Subject
to Section 9.1(b) below and notwithstanding the foregoing provisions of Section
9 to the contrary, during the Expansion Term, the Security Deposit for the
Premises shall be reduced and a portion applied to the Fixed Monthly Rent
payable by Tenant for the Premises as follows:

       

      i)           on
first calendar day of the forty-ninth (49th)
full calendar month after the Expansion Date (“Month 49”) the Security
Deposit shall be reduced by the amount of $26,160.14, which shall be applied to
Fixed Monthly Rent due for Month 49, so that the balance of the Security Deposit
to be held throughout the remainder of the Expansion Term shall be
$75,000.00.

       

      (b)           Notwithstanding
the scheduled applications to Fixed Monthly Rent set forth above, in the event
Tenant commits a material default of any of its obligations under the Lease
prior to any of the scheduled applications of the Security Deposit to Fixed
Monthly Rent, and such material default continues after any applicable notice
and cure period, then the Security Deposit shall thereafter remain on deposit
with Landlord in the full amount then held and no additional reduction in the
Security Deposit shall occur thereafter.

       

      
        	
                10.

              	
                Parking.  As
      of the Expansion Date, Tenant shall purchase on a “must-take” basis two
      (2) unreserved parking permits and shall have the right but not the
      obligation to purchase an additional twelve (12) unreserved parking
      permits throughout the Expansion Term at the prevailing monthly Building
      parking rates in effect, which monthly rates may change from time to time,
      in Landlord’s sole discretion.

              

      

       

      
        	
                11.

              	
                Acceptance of Premises.
       Tenant
      acknowledges that (i) it has been in possession of Suite 688 for four (4)
      years, and (ii) to the best of Tenant’s knowledge, as of the date hereof,
      it has no claim against Landlord in connection with Suite 688 or the
      Lease.  Tenant has made its own inspection of and inquiries
      regarding the Expansion Space, which is already
      improved.  Therefore, except for the improvements to be
      completed by Landlord’s contractor pursuant to Exhibit B, attached hereto
      and made a part hereof by reference, Tenant accepts the Expansion Space in
      its “as-is” condition.  Tenant further acknowledges that
      Landlord has made no currently effective representation or warranty,
      express or implied regarding the condition, suitability or usability of
      the Suite 688, Expansion Space or the Building for the purposes intended
      by Tenant.

              

      

       

      
        	
                12.

              	
                Warranty of
      Authority.  If Landlord or Tenant signs as a corporation
      or limited liability company or a partnership, each of the persons
      executing this Third Amendment on behalf of Landlord or Tenant hereby
      covenants and warrants that the applicable entity executing herein below
      is a duly authorized and existing entity that is qualified to do business
      in California; that the person(s) signing on behalf of either Landlord or
      Tenant have full right and authority to enter into this Third Amendment;
      and that each and every person signing on behalf of either Landlord or
      Tenant are authorized in writing to do
so.

              

      

       

      If either
signatory hereto is a corporation, the person(s) executing on behalf of said
entity shall affix the appropriate corporate seal to each area in the document
where request therefor is noted, and the other party shall be entitled to
conclusively presume that by doing so the entity for which said corporate seal
has been affixed is attesting to and ratifying this Third
Amendment.

       

      
        	
                13.

              	
                Broker
      Representation.  Landlord and Tenant represent to one
      another that it has dealt with no broker in connection with this Third
      Amendment other than Douglas Emmett Management, LLC
      and CRESA Partners.  Landlord and Tenant shall hold one
      another harmless from and against any and all liability, loss, damage,
      expense, claim, action, demand, suit or obligation arising out of or
      relating to a breach by the indemnifying party of such
      representation.  Landlord agrees to pay all commissions due to
      the brokers listed above created by Tenant’s execution of this Third
      Amendment.

              

      

       

      
        	
                14.

              	
                Confidentiality.  Landlord
      and Tenant agree that the covenants and provisions of this Third Amendment
      shall not be divulged to anyone not directly involved in the management,
      administration, ownership, lending against, or subleasing of the Premises,
      other than Tenant’s or Landlord’s counsel-of-record or leasing or
      sub-leasing broker of record.

              

      

       

      
        	
                15.

              	
                Governing
      Law.  The provisions of this Third Amendment shall be
      governed by the laws of the State of
California.

              

      

       

      
        	
                16.

              	
                Reaffirmation.  Landlord
      and Tenant acknowledge and agree that the Lease, as amended herein,
      constitutes the entire agreement by and between Landlord and Tenant
      relating to the Premises, and
      supersedes any and all other agreements written or oral between the
      parties hereto.  Furthermore, except as modified herein, all
      other covenants and provisions of the Lease shall remain unmodified and in
      full force and effect.

              

      

       

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

       

      
        	
                17.

              	
                Storage of Existing Furniture,
      Fixtures and Equipment from Suite 600. Tenant has informed Landlord
      that it intends to purchase or otherwise acquire all of the remaining
      furniture, fixtures and equipment in Suite 600 that were left behind by
      the previous tenant.  Landlord agrees to store such items for
      Tenant free of charge in Suite 600 between the date of this Third
      Amendment and the Expansion Date and use commercially reasonable efforts
      to assist Tenant in protecting such items from damage while work is being
      performed by Landlord’s Contractor in such Suite
  600.

              

      

       

      
        	
                18.

              	
                Submission of
      Document.  No expanded contractual or other rights shall
      exist between Landlord and Tenant with respect to the Expansion Space, as
      contemplated under this Third Amendment, until both Landlord and Tenant
      have executed and delivered this Third Amendment, whether or not any
      additional rental or security deposits have been received by Landlord, and
      notwithstanding that Landlord has delivered to Tenant an unexecuted copy
      of this Third Amendment.

              

      

       

      The
submission of this Third Amendment to Tenant shall be for examination purposes
only, and does not and shall not constitute a reservation of or an option for
the Tenant to lease the Expansion Space, or otherwise create any interest by
Tenant in the Expansion Space or any other portion of the Building other than
the original Suite 688 currently occupied by Tenant.  Execution of
this Third Amendment by Tenant and its return to Landlord shall not be binding
upon Landlord, notwithstanding any time interval, until Landlord has in fact
executed and delivered this Third Amendment to Tenant.

       

      

       

      IN WITNESS WHEREOF, Landlord
and Tenant have duly executed this document, effective the later of the date(s)
written below.

       

       

      

       

      
        	
                LANDLORD:

                 

              	
                TENANT:

              
	
                DOUGLAS
      EMMETT 1993, LLC, a Delaware limited liability company

                 

                By:Douglas
      Emmett Management, LLC,

                a Delaware limited liability
      company,

                its
      Agent

                By:Douglas
      Emmett Management, Inc.,

                a
      Delaware corporation, its Manager

                By:/s/ MICHAEL J. MEANS

                Michael
      J. Means, Senior Vice President

                 

                Dated:  December 1,
      2009

                 

              	
                CytRx
      CORPORATION, a Delaware corporation

                 

                By:            /s/ STEVEN A. KRIEGSMAN

                Name:_________________________________

                Title:_________________________________

                 

                Dated:_________________________________

                 

                By:             /s/ JOHN Y. CALOZ

                Name:_________________________________

                Title: _________________________________

                 

                Dated:  December
      1, 2009

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