Document:

<PAGE>

                            SIXTH AMENDMENT TO LEASE

      THIS SIXTH AMENDMENT TO LEASE ("6th Amendment"), dated this 17 day of
January, 2001, is entered into by and between DRAPER LAND LIMITED PARTNERSHIP
No. 2, a Utah limited partnership ("Landlord"), and 1-800 CONTACTS, INC., a
Delaware Corporation ("Tenant").

                              W I T N E S S E T H:

      Whereas, Landlord and Tenant (then known as 1-800-LENS NOW, INC., dba 1-
800-CONTACTS, A Utah corporation) entered into a Lease dated November 3, 1997,
as amended by the First Amendment to Lease, dated May 25, 1998, the Second
Amendment to Lease, dated August 6, 1998, the Third Amendment to Lease, dated
January 17, 2001, the Fourth Amendment to Lease dated January 17, 2001, and the
Fifth Amendment to Lease dated January 17, 2001, which are incorporated herein
by reference ("Amended Lease");

      Whereas, the parties hereto desire to amend certain terms and conditions
of the Amended Lease as specifically indicated in this Amendment. However,
unless specifically amended herein, all terms and conditions of the Amended
Lease remain in full force and effect.

      NOW, THEREFORE, in consideration of the mutual promises, representations
and covenants contained herein, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

      1.    The recitals contained herein are hereby incorporated by reference.

      2.    Article 1 (a) of Amended Lease shall be amended to increase the
            premises by the following:

      (a)   4th Expansion Space. Landlord hereby leases to Tenant, and Tenant
            hereby leases from Landlord, for the term and subject to the terms
            and conditions hereinafter set forth, to each and all of which
            Landlord and Tenant hereby mutually agree, those certain premises,
            highlighted on Exhibit A-1 attached hereto, which include
            approximately 2,602 Rentable square feet of office space ("4th
            Expansion Space"). The location of the 4th Expansion Space and
            related Building is commonly known as: 66 E. Wadsworth Park Dr.,
            Bldg. B, Suite, 101, Draper, UT 84020 (the "Building").

      (b)   Lease term for 4th Expansion Space. The Lease Term for the 4th
            Expansion Space shall be 64 months commencing January 1, 2001, and
            ending on April 30, 2006. Options to extend the lease for the 4th
            Expansion Space shall be the same as for the Original Premises as
            specified in the Lease.

                                       1
<PAGE>

      (c)   Rent for 4th Expansion Space. The Base Rent is $17.70 per year per
            per rentable square foot. Base rent shall be increased by $.60 per
            year per rentable square foot on May 25th consistent with the annual
            increase date in the Lease.

      3.    Additional parking stalls. Tenant will have use of an additional 5
            non-reserved parking stalls for each 1,000 rentable square feet of
            4th Expansion Space.

      4.    Security Deposit. No additional security deposit is required.

      5.    Miscellaneous. Except as expressly modified herein, the Lease, First
            Amendment to Lease, Second Amendment to Lease, Third Amendment to
            Lease, Fourth Amendment to Lease, and Fifth Amendment to Lease,
            remain in full force and effect between the parties in accordance
            with their original terms.

IN WITNESS WHEREOF, the parties have executed this Sixth Amendment to Lease
dated the day and year first above written.

TENANT,                              LANDLORD,

1-800-Contacts, Inc.                 DRAPER LAND LIMITED PARTNERSHIP No. 2

By: /s/ Scott [ILLEGIBLE]            By: /s/ Kip Wadsworth
    --------------------                 ------------------------------------
                                             Kip Wadsworth

                                       2<PAGE>

     Exhibit 10.12

[LOGO OF BANK ONE APPEARS HERE]

   Principal        Loan Date   Maturity   Loan No.   Call
  $5,000,000.00    07-02-1999  07-02-2000            078105
  -------------    ----------  ----------            ------

  Collateral       Account     Officer     Initials
    328            1518454676  00410
    ---            ----------  -----

  References in the shaded area are for Lender's use only and do not limit the
applicability of this document to any particular loan or item.

Borrower: CARRIER ACCESS CORPORATION,   Lender: Bank One, Colorado, NA
          A DELAWARE CORPORATION        Corporate Lending - Boulder
          5395 PEARL PARKWAY            1125 17th Street
          BOULDER,CO 80301              Denver, CO 80217

Principal Amount: $5,000,000.00         Date of Note: July 2, 1999

PROMISSORY NOTE MODIFICATION AGREEMENT

This Agreement is made and entered into on July 2, 2000 ("Agreement Date"), to
be effective as of July 2, 2000 ("Effective Date"), by and between Carrier
Access Corporation, A Delaware Corporation ("Borrower") and Bank One, Colorado,
N.A. ("Lender").

WITNESSETH:

WHEREAS, Borrower heretofore executed a promissory note in the amount of
$5,000,000.00 dated July 2, 1998 in favor of Lender as same may have been
amended or modified from time to time ("Promissory Note"); and, WHEREAS,
Borrower hereby acknowledges, agrees, verifies, ratifies and affirms that as of
Agreement Date, the outstanding principal balance on the Promissory Note is Zero
AND 00/100 DOLLARS ($0.00) plus accrued interest and charges; and; WHEREAS, the
Promissory Note has at all times been, and is now, continuously and without
interruption outstanding in favor of Lender; and WHEREAS Borrower has requested
that the Promissory Note be modified to the limited extent as hereinafter set
forth; and, WHEREAS, Lender has agreed to such modification; NOW THEREFORE, by
mutual agreement of the parties and in mutual consideration of the agreements
contained herein and for other good and valuable considerations, the receipt and
sufficiency of which is hereby acknowledged, the parties hereto agree that the
Promissory note is modified as hereinafter indicated.

1.   ACCURACY OF RECITALS.

Borrower acknowledges the accuracy of the Recitals, stated above.

2.   MODIFICATION OF PROMISSORY NOTE

     1.1  Section PAYMENT of Promissory Note is hereby amended to read as
          follows:
          The maturity date of the Promissory note is changed from July 2, 2000,
          to July 2, 2001.  On the maturity date Borrower shall pay to Lender
          the unpaid principal, accrued and unpaid interest, and all other
          amounts payable by Borrower under the Promissory note and Loan
          Documents.  Interest on the Promissory Note shall be due and payable
          commending on August 2, 2000, and continuing on the same day of each
          successive month thereafter until the maturity date.  No payments of
          principal on the Loan and the note shall be due and payable until the
          maturity date.
     2.2  Each of the Loan Documents is modified to provide that it shall be a
          default or an event of default thereunder if Borrower shall fail to
          comply with any of the covenants of Borrower herein or if any
          representation of warranty by Borrower or by any guarantor herein is
          materially incomplete, incorrect, or misleading as of the date hereof.
          As used in this Agreement, "Loan Documents" shall include the
          Promissory Note and all documents executed by Borrower(s) or others in
          connection with the Loan, which is represented by the Promissory Note.
     3.3  Each reference in the Loan Documents to any of the Loan Documents
          shall be a reference to such documents as modified herein.

3.   RATIFICATION OF LOAN DOCUMENTS AND COLLATERAL
<PAGE>

The Loan Documents are ratified and affirmed by Borrower and shall remain in
full force and effect as modified herein.  Any property or rights to or interest
in property granted as security in the Loan Documents shall remain as security
for the loan and the obligations of Borrower in the Loan Documents.

4.   BORROWER REPRESENTATIONS AND WARRANTIES

Borrower represents and warrants to Lender:

     4.1  No default or event of default under any of the Loan Documents as
          modified hereby, nor any event, that, with the giving of notice or the
          passage of time or both, would be a default or an event of default
          under the Loan Documents as modified herein as occurred and is
          continuing.
     4.2  There has been no material adverse change in the financial conditions
          of Borrower or any other person whose financial statement has been
          delivered to Bank in connection with the Promissory Note from the most
          recent financial statement received by Bank.
     4.3  Each and all representations and warranties of Borrower in the Loan
          Documents are accurate on the date hereof.
     4.4  Borrower has no claims, counterclaims, defenses, or set-offs with
          respect to the Loan or the Loan Documents as modified herein.
     4.5  The Promissory Note and Loan Documents as modified herein are the
          legal, valid, and binding obligation of Borrower, enforceable against
          Borrower in accordance with their terms.
     4.6  Borrower is validly existing under the laws of the State of its
          formation or organization and has the requisite power and authority to
          execute and deliver this Agreement and to perform the Loan Documents
          as modified herein. The execution and delivery of this Agreement and
          the performance of the Loan Documents as modified herein have been
          duly authorized by all requisite action by or on behalf of Borrower.
          This Agreement has been duly executed and delivered on behalf of
          Borrower.

5.   BORROWER COVENANTS

Borrower covenants with Lender:

     5.1  Borrower shall execute, deliver, and provide to Lender such additional
          agreements, documents, and instruments as reasonably required by
          Lender to effectuate the intent of this Agreement.
     5.2  Borrower fully, finally, and forever releases and discharges Lender
          and its successors, assigns, directors, officers, employees, agents,
          and representatives from any and all actions, cause of action, claims,
          debts, demands, liabilities, obligations, and suits, of whatever kind
          or nature, in law or equity of Borrower, whether now known or unknown
          to Borrower, (i) in respect of the Loan, the Loan documents, or the
          actions or omissions of Lender in respect of the Loan or the Loan
          Documents and (ii) arising from events occurring prior to the date of
          this Agreement. As used in this Agreement, Loan Docuyments" shall
          include the Promissory Note and all documents
          executed by Borrower(s) in connection with the Loan which is
          represented by the Promissory Note.
     5.3  Contemporaneously with the execution and delivery of this Agreement,
          Borrower has paid to Bank:
          5.3.1   All accrued and unpaid interest under the Promissory Note and
                  all amounts, other than interest and principal, due and
                  payable by Borrower under the Loan Documents as the date
                  hereof.
          5.3.2   All the internal and external costs and expenses incurred by
                  Lender in connection with this Agreement (including, without
                  limitation, inside and outside attorneys, processing, filing
                  and recording costs, expenses, and fees).

6.   EXECUTION AND DELIVERY OF AGREEMENT BY BANK

Lender shall not be bound by this Agreement until (i) Lender has executed and
delivered this Agreement; (ii) Borrower has performed all of the obligations of
Borrower under this Agreement to be performed contemporaneously with the
execution and delivery of this Agreement, (iii) each guarantor(s) of the Loan,
if any, has executed this Agreement and (iv) if required by Lender, Borrower and
any guarantor(s) have executed and delivered to Lender an arbitration
resolution, and an environmental questionnaire, and an environmental
certification and indemnity agreement.

7.   INTEGRATION, ENTIRE AGREEMENT, CHANGE, DISCHARGE, TERMINATION, OR WAIVER

The Loan Documents as modified herein contain the complete understanding and
agreement of Borrower and Lender in respect of the Loan and supersedes all prior
representations, warranties, agreements, arrangements, understandings, and
negotiations.  No provision of the Loan Documents as modified herein may be
changed, discharged, supplemented, terminated, or waived except in a writing
signed by the parties thereto.

8.   BINDING EFFECT
<PAGE>

The Loan Documents as modified herein shall be binding upon and shall insure t
the benefit of Borrower and lender and their successors and assigns and the
executors, legal administrators, personal representatives, heirs, devises, and
beneficiaries of Borrower, provided, however, Borrower may not assign any of its
right or delegate any of its obligation under the Loan Documents and any
purported assignment or delegation shall be void.

9.   CHOICE OF LAW

This Agreement shall be governed by and construed in accordance with the laws of
the State of Colorado without giving effect to conflicts of law principles.

10.  COUNTERPART EXECUTION

This Agreement may be executed in one or more counterparts, each of which shall
be deemed an original and all of which together shall constitute one and the
same documents.  Signature pages may be detached from the counterparts and
attached to a single copy of this Agreement to physically form one document.

11.  NOT A NOVATION

This Agreement is a modification only and not a novation.  Except for the above-
quoted modification(s), the Promissory Note, any agreement or security document,
and all the terms and conditions thereof, shall be and remain in full force and
effect with the changes herein deemed to be incorporated therein.  This
Agreement is to be considered attached to the Promissory Note and made a part
thereof.  This Agreement shall not release or affect the liability of any
guarantor, surety or endorser of the Promissory Note or release any owner of
collateral securing the Promissory Note.  The validity, priority and
enforceability of the Promissory Note shall not be impaired hereby.

BORROWER:

CARRIER ACCESS CORPORATION, A DELAWARE CORPORATION

By: /s/ Nancy Pierce

 NANCY PIERCE, CFO TREAS/SECRETARY

                       FIRST AMENDMENT TO LOAN AGREEMENT

     This Amendment ("Amendment") is made as of the 2/nd/ day of July, 2000, by
and between CARRIER ACCESS CORPORATION, A DELAWARE CORPORATION (the "Borrower")
and Bank One, Colorado, NA (the "Lender").

     WHEREAS, the Borrower and the Lender entered into a Loan Agreement dated
July 2, 1999 as amended (if applicable) (the "Loan Agreement"); and

     WHEREAS, the parties hereto desire to amend the Loan Agreement as set forth
below:

     NOW, THEREFORE, the parties hereto agree as follows:

     1.   Capitalized terms not defined herein shall have the meaning ascribed
          in the Loan Agreement.

     2.   Section ADDITIONAL AFFIRMATIVE COVENANT The Section bearing the
          heading TANGIBLE NET WORTH of the Loan Agreements hereby amended to
          read as follows:

          Borrower covenants and agrees with Lender that, while this Agreement
          is in effect, Borrower will comply at all times with the following
          covenants and net ratio.  Borrower will maintain a minimum Tangible
          Net Worth of $75,000.00 plus 75% of the net proceeds from any public
          and/or private equity offering.

     3.   The Borrower represents and Warrants that (a) the representations and
          warranties contained in the Loan Agreement are true and correct in all
          material respects as of the date of this Amendment, (b) no condition,
          act or event which could constitute an Event of Default under the Loan
          Agreement exists, and (c) no condition, event, act or omission has
          occurred, which, with the giving of notice or passage of time, would
          constitute an Event of Default under the Loan Agreement.

     4.   The Borrower agrees to pay all fees and out-of-pocket disbursements
          incurred by the Lender in connection with this Amendment, including
          legal fees, incurred by the Lender in the preparation, consummation,
          administration, and
<PAGE>

          enforcement of this Amendment.

     5.   This Amendment shall become effective only after it is fully executed
          by the Borrower and the Lender and the Lender shall have received from
          the Borrower the following documents: First Amendment to Loan
          Agreement.

Except as amended by this Amendment, the Loan Agreement, shall remain in full
force and effect in accordance with its terms.

     6.   This Amendment is a modification only and not a novation. Except for
          the above-quoted modification(s), the Loan Agreement, any agreement or
          security document, and all the terms, and conditions thereof, shall be
          and remain in full force and effect with the changes herein deemed to
          be incorporated therein. This Amendment is to be considered attached
          to the Loan Agreement and made a part thereof. This Amendment shall
          not release or effect the liability of any guarantor, surety or
          endorser of the Loan Agreement or release any owner of collateral
          securing the Loan Agreement. The validity, priority and enforceability
          of the Loan Agreement shall not be impaired hereby. To the extent that
          any provision of this Agreement conflicts with any term or condition
          set forth in the Loan Agreement, or any agreement or security document
          executed in conjunction therewith, the provision of this Amendment
          shall supersede and control. Borrower acknowledges that as of the date
          of this Amendment it has no offsets with respect to all amounts owed
          by Borrower to Lender and Borrower waives and releases all claims
          which it may have against Lender arising under the Loan Agreement on
          or prior to the date of this Amendment.

     7.   The Borrower acknowledges and agrees that this Amendment is limited to
          the terms outlined above, and shall not be construed as an amendment
          of any other terms or provisions of the Loan Agreement; The Borrower
          hereby specifically ratifies and affirms the terms and provisions of
          the Loan Agreement. Borrower releases Lender from any and all claims
          which may have arisen, known or unknown, in connection with the Loan
          Agreement on or prior to the date hereof. This Amendment shall not
          establish a course of dealing or be construed as evidence of any
          willingness on the Lender's part to grant other or future amendments,
          should any be requested.

IN WITNESS HEREOF, the parties have entered into this Amendment as of the day
and year first above written.

BANK ONE, COLORADO, NA                            BORROWER:

By    /s/ Todd Bohman
   ----------------------------------------       CARRIER ACCESS CORPORATION
      Todd Bohman, Assistant Vice President       A DELAWARE CORPORATION

                                                       By   /s/ Nancy Pierce
                                                          ---------------------
                                                            Nancy Pierce,
                                                            Corporate
                                                            Development Officer,
                                                            Treasurer/Secretary

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00022-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00022-of-00352.parquet"}]]