Document:

Exhibit 10.18

	
	confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST
confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
	confidential
Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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	confidential
Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
	confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST
confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:03 PM EST

	
	4826-3416-6011.3
374971.00003/10-14-21/mbs/elm

FIRST AMENDMENT TO OFFICE LEASE
THIS FIRST AMENDMENT TO OFFICE LEASE (this "First Amendment") is made
and entered into effective as of October 14, 2021 (the "Effective Date"), by and between KW
MARINA  VIEW, LLC,  a  Delaware  limited  liability  company ("Landlord"),  and TELESIGN
CORPORATION, a California corporation ("Tenant").
R E C I T A L S :
A. Landlord and Tenant entered into that certain Office Lease dated as of November
25, 2014 (the "Original Lease"), as  amended  by  that  certain Lease  Commencement  Notice
executed by Tenant (the "Lease Commencement Notice").  The Original Lease and the Lease
Commencement Notice are collectively referred to herein as the "Lease".
B. Pursuant to the Lease, Landlord currently leases to Tenant, and Tenant currently
leases from Landlord, those certain premises (the "Premises") commonly known as Suites 500
and 600, containing approximately 21,536 rentable square feet located in the building addressed
as 13274 Fiji Way, Marina Del Rey, California (the "Building").
C. Landlord and Tenant now desire to amend the Lease to (i) extend the Lease Term,
and (ii) modify various terms and provisions of the Lease, all as hereinafter provided.
D. All capitalized terms when used herein shall have the same meanings given such
terms in the Lease unless expressly superseded by the terms of this First Amendment.
NOW THEREFORE, in consideration of the foregoing recitals and the mutual covenants
contained herein, and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto agree as follows:
1. Extension of Lease Term.  The Lease Term, which is currently scheduled to expire
on November 30, 2022, is hereby extended for a period of seventy (70) months (the "Extended
Term"), commencing on December 1, 2022 (the "Extended Term Commencement Date") and
expiring on September 30, 2028, unless extended or sooner terminated pursuant to the terms of the
Lease, as hereby amended.
DocuSign Envelope ID: D0F34E58-CA39-43FF-8C46-8B531BE20C8D
confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:05 PM EST
confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:05 PM EST

	
	4826-3416-6011.3
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2. Base Rent.  During the Extended Term, Tenant shall pay Base Rent to Landlord for
the Premises as set forth in the following schedule (subject to abatement as provided in Section 3
below):

Period of
Extended Term

Annual
Base Rent

Monthly Installment
of Base Rent
12/1/22-11/30/23 $1,227,552.00 $102,296.00
12/1/23-11/30/24 $1,264,378.56 $105,364.88
12/1/24-11/30/25 $1,302,309.96 $108,525.83
12/1/25-11/30/26 $1,341,379.20 $111,781.60
12/1/26-11/30/27 $1,381,620.60 $115,135.05
12/1/27-9/30/28 $1,423,069.20 $118,589.10
3. Abatement of Base Rent.  Notwithstanding Section 2 above to the contrary and
provided that Tenant is not in default under the Lease, as hereby amended, beyond all applicable
notice and cure periods, Landlord hereby agrees to abate Tenant's obligation to pay the following
(collectively,  the  "Extended  Term  Abated  Rent"):    (i) one  hundred  percent  (100%)  of  the
monthly installments of Base Rent otherwise payable by Tenant for the Premises during the period
from December 1, 2022 through and including June 30, 2023; and (ii) fifteen percent (15%) of the
monthly installments of Base Rent otherwise payable by Tenant for the Premises during the period
from July 1, 2023 through and including November 30, 2024.  During such periods, Tenant shall
remain responsible for the payment of all of its other monetary obligations under the Lease, as
hereby amended, subject to the Parking Abated Rent set forth in Section 8 below.  In the event of
a default by Tenant under the terms of the Lease, as hereby amended, that results in the early
termination of the Lease, as hereby amended, pursuant to the provisions of Section XV of the
Original Lease, then as a part of the recovery set forth in Section XV of the Original Lease (to the
extent  Landlord  is  not  otherwise  made  whole  through  the  recovery  of  leasehold  damages),
Landlord shall be entitled to recover the Extended Term Abated Rent.
4. Property Taxes and Operating Expenses.
4.1 Base Year.  From and after the Extended Term Commencement Date, the
Base Year (originally set forth in Section 4.01(A) of the Original Lease) shall be revised to be
calendar year 2023.
4.2 Proposition  13  Protection.  Notwithstanding  anything  to  the  contrary
contained in the Lease, as hereby amended, with respect to the first (1st) (and only the first (1st))
sale, refinancing or change of ownership of the land upon which any of the Premises and Building
are situated (the "Real Property") that is consummated during the first (1st) five (5) years of the
Extended Term, to the extent that in connection therewith, the Real Property is reassessed (the
"Reassessment")  for  real  property  tax  purposes  by  the  appropriate  governmental  authority
pursuant to the terms of Proposition 13, the following clauses (i), (ii) and (iii) shall apply to such
Reassessment of the Real Property.
DocuSign Envelope ID: D0F34E58-CA39-43FF-8C46-8B531BE20C8D
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Andrew Whitworth
telesign.com
Jan 20, 2022 8:05 PM EST
confidential
Andrew Whitworth
telesign.com
Jan 20, 2022 8:05 PM EST

	
	4826-3416-6011.3
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(i) For purposes of this Section 4.2, the term "Tax Increase" shall mean
that portion of the real property taxes assessed against the Real Property (collectively, the "Real
Property Taxes"), as calculated as of the date immediately following the Reassessment, which is
attributable solely to the Reassessment.  Accordingly, the term Tax Increase shall not include any
portion of the Real Property Taxes, as calculated immediately following the Reassessment, which:
(A) is attributable to the value of the Real Property as of the Extended Term Commencement Date
or any subsequent assessment of the Real Property based upon any construction of any tenant
improvements and alterations made after such date for the Premises or other rentable space in the
Building (including, without limitation, any alterations and improvements made to or on behalf of
Tenant pursuant to the terms of the Lease, as hereby amended); (B) is attributable to assessments
which were pending immediately prior to the Reassessment which assessments were conducted
during,  and  included  in,  such  Reassessment  or  which  assessments  were  otherwise  rendered
unnecessary following the Reassessment; or (C) is attributable to the annual inflationary increase
of real estate taxes, but not in excess of the statutory two percent (2%) per annum increase (as such
statutory increase may be modified by subsequent legislation).
(ii) During the first twelve (12) months of the Extended Term, only, Tenant
shall not be obligated to pay any portion of the Tax Increase.  During the thirteenth (13th) through
twenty-fourth (24th) months of the Extended Term, only, Tenant shall be obligated to pay twenty
percent (20%) of the Tax Increase (but shall not be obligated to pay eighty percent (80%) of the
Tax Increase).  During the twenty-fifth (25th) through thirty-sixth (36th) months of the Extended
Term, only, Tenant shall be obligated to pay forty percent (40%) of the Tax Increase (but shall not
be obligated to pay sixty percent (60%) of the Tax Increase).  During the thirty-seventh (37th)
through forty-eighth (48th) months of the Extended Term, only, Tenant shall be obligated to pay
sixty percent (60%) of the Tax Increase (but shall not be obligated to pay forty percent (40%) of
the Tax Increase).  During the forty-ninth (49th) through sixtieth (60th) months of the Extended
Term, only, Tenant shall be obligated to pay eighty percent (80%) of the Tax Increase (but shall
not be obligated to pay twenty percent (20%) of the Tax Increase).
(iii) The amount of Real Property Taxes which Tenant is not obligated to
pay or will not be obligated to pay in connection with a Reassessment due to the first (1st) sale,
refinancing or change of ownership of the Real Property during the first five (5) years after the
Extended Term Commencement Date pursuant to the terms of this Section 4.2, shall be sometimes
referred  to  hereafter  as  a  "Proposition  13  Protection  Amount."    If  the  occurrence of  a
Reassessment is reasonably foreseeable by Landlord and the Proposition 13 Protection Amount
attributable to such Reassessment can be reasonably quantified or estimated for each remaining
year during such five (5) year period after the Extended Term Commencement Date commencing
with the year in which the Reassessment will occur, the terms of this Section 4.2(iii) shall apply to
each such Reassessment.  Upon notice to Tenant, Landlord shall have the right to purchase the
Proposition  13  Protection  Amount relating  to  the  applicable  Reassessment  (the  "Applicable
Reassessment"),  at  any  time  during  the  five  (5)  year  period  after  the Extended  Term
Commencement Date, by paying to Tenant in cash an amount equal to the Proposition 13 Purchase
Price (as defined below).  As used herein, "Proposition 13 Purchase Price" shall mean the present
value  of  the  Proposition  13  Protection  Amount  remaining  during  the  period  (the
"Protection Period") commencing as of the date of payment of the Proposition 13 Purchase Price
by Landlord (the "Payment Date") and continuing through and including the last day of the fifth
(5th) year after the Extended Term Commencement Date.  Such present value shall be calculated
DocuSign Envelope ID: D0F34E58-CA39-43FF-8C46-8B531BE20C8D
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telesign.com
Jan 20, 2022 8:05 PM EST
confidential
Andrew Whitworth
telesign.com
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	4826-3416-6011.3
374971.00003/10-14-21/mbs/elm -4-

by multiplying (A) the Proposition 13 Protection Amount for the Protection Period by (B) by the
Discount Rate, as defined below (with such present value to be based upon the assumption that
Tenant will pay Real Property Taxes on an equal semi-annual basis during the Protection Period).
As used herein, the term "Discount Rate" shall mean the Base Treasury Rate (as defined below).
The term "Base Treasury Rate" shall mean the yield calculated by the linear interpolation of the
yields, as reported in Federal Reserve Statistical Release H.15-Selected Interest Rates under the
heading "U.S. Government Securities/Treasury Constant Maturities" for the week ending one (1)
week prior to the Payment Date, of U.S. Treasury constant maturities with maturity dates (one
longer and one shorter) most nearly approximating the last day of the Protection Period.  If Release
H.15 is no longer published, Landlord shall select a comparable publication to determine the Base
Treasury  Rate.    Upon  such  payment  of  the  Proposition  13  Purchase  Price,  the  provisions  of
Section 4.2(ii) above shall not apply to any Real Property Taxes attributable to the Applicable
Reassessment.    Since  Landlord  is  estimating  the  Proposition  13  Purchase  Price  because  a
Reassessment  has  not  yet  occurred,  then  when  such  Reassessment  occurs,  if  Landlord  has
underestimated  the  Proposition  13  Purchase  Price,  then  upon  notice  by  Landlord  to  Tenant,
Tenant's Base Rent next due shall be credited with the amount of such underestimation, and if
Landlord overestimates the Proposition 13 Purchase Price, then upon notice by Landlord to Tenant,
Base Rent next due shall be increased by the amount of the overestimation.
5. Condition of Premises; Refurbishment Allowance.
5.1 Condition of Premises.  Except as provided in Section 5.2 below, Tenant is
currently in possession of the Premises and shall continue to accept the same in its current "AS IS"
condition as  of  the  Effective  Date  and  the Extended Term Commencement  Date without  any
agreements, representations, understandings or obligations on the part of Landlord to perform or
pay for any alterations, repairs or improvements in or to the Premises.
5.2 Refurbishment Allowance.
5.2.1 In  General.   Notwithstanding Section 5.1  above to  the  contrary,
Tenant  shall  be  entitled  to  receive  from  Landlord  a  one-time  refurbishment  allowance  (the
"Refurbishment  Allowance")  in  the  amount  of up  to,  but  not  exceeding,  $1,399,840.00
(i.e., $65.00 per rentable square foot of the Premises) to help reimburse Tenant for the actual out-
of-pocket  costs  incurred  and/or paid  for  by  Tenant  (collectively,  the  "Refurbishment Costs")
during the period (the "Refurbishment Period") from the Extended Term Commencement Date
through and including November 30, 2023 for the design and construction of any permanently
affixed alterations and tenant improvements which are made and/or installed by or for Tenant in
the Premises during  the  Refurbishment  Period and/or  for  refurbishment  of  built-in  furniture
systems in the Premises and Tenant's Signage, and the acquisition and/or installation of cabling,
wiring  and  telecommunications  systems  and  equipment  in  the  Premises,  and  installation  of
computer  and  other  operating  systems  including  HVAC (collectively,  the  "Refurbishment
Work").  All Refurbishment Work shall be undertaken by Tenant in compliance with Article IX
of  the  Original  Lease.   Landlord shall  not  charge  Tenant  a  construction  supervision  and
management fee in connection with any Refurbishment Work.  The Refurbishment Work shall be
performed by a general contractor (the "Contractor") and subcontractors designated and retained
by Tenant after a competitive bid process and subject to Landlord's prior reasonable approval;
provided, however, in any event Tenant shall be obligated to contract with Landlord's mechanical
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engineer  and  fire/life-safety  subcontractors  for  any  mechanical  and/or  life-safety  work  in  the
Premises.
5.2.2 Disbursement  of  Refurbishment  Allowance.   Subject  to  the
limitations set forth in Section 5.2.3 below, Landlord shall disburse the Refurbishment Allowance
following completion of the Refurbishment Work, in one lump sum disbursement, but not sooner
than  thirty (30)  days  after  Landlord  has  received  all  of  the  following  (collectively,  the
"Refurbishment Work Draw Documents"):  (i) a request for payment by Tenant certifying that
the Refurbishment Work has been completed and all Refurbishment Costs have been paid for;
(ii) factually correct invoices and paid receipts for labor and materials rendered in connection with
and evidencing the completed Refurbishment Work and the Refurbishment Costs and Tenant's
payment  thereof; and (iii) executed  final,  unconditional  mechanic's  lien  releases  from  all
contractors,  subcontractors  and  other  persons  or  entities  performing  the  Refurbishment  Work,
reasonably  satisfactory  to  Landlord.   Tenant's  request  for  payment  shall  be  deemed  Tenant's
acceptance and approval of the work furnished and/or the materials supplied as set forth in the
Refurbishment Work Draw Documents as between Landlord and Tenant.  Following Landlord’s
receipt of completed Refurbishment Work Draw Documents, Landlord shall deliver a check (the
 “Disbursement Check”) to Tenant made payable to Tenant in payment of the lesser of:  (A) the
amounts so requested by Tenant in the applicable Refurbishment Draw Documents therefor, as set
forth in hereinabove, and (B) the balance of any remaining available portion of the Refurbishment
Allowance, provided that Landlord does not dispute any Refurbishment Work Draw Documents
for payment based on non-compliance of any work with Article IX of the Original Lease, or due
to any substandard work, or for any other reason.
5.2.3 Limitations  on  Disbursement.   In  no  event  shall  Landlord  be
obligated to make disbursements pursuant to this Section 5.2 in a total amount that exceeds the
Refurbishment Allowance.  In addition, Landlord shall have no obligation to disburse any portion
of the Refurbishment Allowance (i) with respect to any Refurbishment Work that is performed
prior to or after the Refurbishment Period, or (ii) with respect to any Refurbishment Work Draw
Documents that are delivered by Tenant prior to or after the Refurbishment Period.  Except as
provided hereinbelow, Tenant shall not be entitled to receive, or have any rights to, any portion of
the  Refurbishment  Allowance  that  is  not  used  to  pay for  the  Refurbishment  Costs  of  the
Refurbishment Work performed during the Refurbishment Period.  Notwithstanding the foregoing
to the contrary, so long as Tenant is not then in default under the Lease, as amended hereby, beyond
any applicable notice and cure periods, Tenant may elect, by written notice (the "Base Rent Credit
Notice") delivered to Landlord at any time during the Refurbishment Period, to receive any then
unused portion of the Refurbishment Allowance as a credit against the Base Rent next due and
payable  by  Tenant  under the  Lease,  as  hereby  amended.   The Base Rent Credit  Notice  shall
expressly state the exact amount of such then unused portion of the Refurbishment Allowance
which Tenant elects to receive as a credit against the Base Rent due and payable by Tenant under
the Lease, as hereby amended (the "Base Rent Credit Amount") and the month(s) as to which
the Base Rent Credit Amount (or portions thereof) shall be applied.  If Tenant properly and timely
delivers the Base Rent Credit Notice to  Landlord:   (A) the Refurbishment Allowance shall be
reduced by the Base Rent Credit Amount; and (B) Landlord shall  apply  the Base Rent Credit
Amount as a credit against the monthly installment(s) of Base Rent as and to the extent specified
by Tenant in the Base Rent Credit Notice until such Base Rent Credit Amount is exhausted and
reduced to $0.00.  If Tenant fails to timely provide the Base Rent Credit Notice, then any portion
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of the Refurbishment Allowance which remains unused as of the expiration of the Refurbishment
Period shall be applied automatically as a credit against Base Rent.
5.2.4 Space Plan Allowance.  In addition to and separate and apart from
the Refurbishment Allowance,  Landlord  shall  reimburse  Tenant  in  an  amount  up  to,  but  not
exceeding, $3,230.40 (i.e.,  $0.15  per rentable square  foot  of  the  Premises)  (the  "Space  Plan
Allowance")  for  all  actual  costs  (collectively,  the  "Space  Plan  Costs") incurred  and  paid  by
Tenant in connection with the preparation of the initial test-fit plan for the Refurbishment Work,
which reimbursement shall be made by Landlord to Tenant within ten (10) days after Landlord's
receipt  from Tenant of the  following  (collectively, a  "Space  Plan  Costs  Reimbursement
Request"):  (i) a request for payment of the Space Plan Costs; and (ii) an invoice and paid receipts
evidencing such Space Plan Costs; provided, however, that (A) Tenant shall be responsible for all
Space Plan Costs in excess of the Space Plan Allowance (which costs may be paid out of the
Refurbishment Allowance), and (B) in no event shall Landlord be obligated to disburse any portion
of the Space Plan Allowance and/or pay for any Space Plan Costs to the extent Tenant delivers the
Space Plan Reimbursement Request to Landlord after the date that is ninety (90) days after the
Extended Term Commencement Date.
6. Option to Extend.  During the Extended Term, Tenant shall continue to have the
Option set forth in Section 3.02 of the Original Lease, except that all references therein to "Lease
Term" shall mean and refer to the "Extended Term."
7. Right of First Offer.  During the Extended Term, Tenant shall continue to have the
right of first offer set forth in Section 2.03 of the Original  Lease, except that (i) all references
therein to "Lease Term" shall mean and refer to the "Extended Term", and (ii) the phrase "as of
the date of this Lease" in the second (2nd) sentence of Section 2.03 shall be deleted and replaced
with:  "as of the Extended Term Commencement Date".
8. Parking.  During the Extended Term, Tenant  shall continue to rent the  Parking
Passes (and Reserved Parking Passes if elected by Tenant) pursuant to Exhibit F attached to the
Original Lease at the then-current monthly charges established from time to time by Landlord for
parking;  provided,  however,  so  long  as Tenant is  not  in  default  under the  Lease,  as  hereby
amended, beyond all applicable notice and cure periods, Landlord hereby agrees to abate Tenant's
obligation  to  pay  the  following  (collectively,  the  "Parking Abated  Rent"):    (i) one  hundred
percent  (100%)  of  the  monthly  charges the  Parking  Passes  and  Reserved  Parking  Passes  (if
applicable) otherwise payable by Tenant during the period from December 1, 2022 through and
including June 30, 2023; and (ii) fifteen percent (15%) of the monthly charges for the Parking
Passes and Reserved Parking Passes (if applicable)  otherwise payable by Tenant for the Premises
during the period from July 1, 2023 through and including November 30, 2024.  During such
periods, Tenant shall remain responsible for the payment of all of its other monetary obligations
under the Lease, as hereby amended.  In the event of a default by Tenant under the terms of the
Lease, as hereby amended, that results in the early termination of the Lease, as hereby amended,
pursuant to the provisions of Section XV of the Original Lease, then as a part of the recovery set
forth in Section XV of the Original Lease (to the extent Landlord is not otherwise made whole
through the recovery of leasehold damages), Landlord shall be entitled to recover the Parking
Abated Rent.
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9. Letter of Credit.  On or before the date which is the earlier of (i) one hundred twenty
(120) days prior to the expiration of the existing Letter of Credit in the amount of $266,189.96,
and (ii) July 31, 2022, Tenant shall deliver to Landlord a certificate of renewal or extension of
such Letter of Credit to Landlord (or a new Letter of Credit in the same amount); such Letter of
Credit must satisfy the requirements set forth in Article V of the Original Lease and Exhibit H
attached thereto, except  that the final date of expiration for such Letter of Credit shall be one
hundred twenty (120) days after the expiration of the Extended Term (provided, however, if Tenant
exercises its Option pursuant to Section 3.02 of the Original Lease then, not later than one hundred
twenty (120) days prior to the commencement of the Option Term, Tenant shall deliver to Landlord
a  new  Letter  of  Credit  or  certificate  of  renewal  or  extension  evidencing  the  Letter  of  Credit
expiration date as one hundred twenty (120) days after the expiration of such Option Term).
10. Permitted Dogs.  Notwithstanding anything to the contrary contained in the Lease,
from and after the Effective Date through and including the Extended Term (as may be extended),
Tenant's employees shall be permitted to bring into the Premises on a daily basis (during those
times in which Tenant is present in the Premises) up to an aggregate of ten (10) fully-domesticated,
fully-vaccinated, trained dogs under twenty-five (25) pounds that are kept by such employees as
pets (collectively, the "Permitted Dogs"), subject to the following terms and conditions:
10.1 all Permitted Dogs shall be strictly controlled at all times, shall not be left
unattended in the Premises or the Building at any time, shall not be permitted to walk or otherwise
roam through the Building unattended or off-leash and shall not be permitted to foul, damage or
otherwise mar any part of the Premises or the Building;
10.2 all Permitted Dogs shall be on a leash at all times that they are not entirely
within the Premises;
10.3 Tenant  shall  not  bring  the  Permitted  Dogs  to  the  Building  if  any  of  the
Permitted Dogs become ill or contract a disease that could potentially threaten the health or well-
being of any tenant or occupant of the Building (which diseases shall include, without limitation,
rabies, leptospirosis, flea infestation and lyme disease);
10.4 the Permitted Dogs may use the elevators servicing the Building to access
the Premises; provided, however, that the Permitted Dogs may not use the elevator serving the
parking deck;
10.5 Tenant shall be responsible for any additional cleaning costs and all other
costs which may arise from the presence of the Permitted Dogs at the Building in excess of the
costs that would have been incurred had the Permitted Dogs not been allowed in or around the
Building;
10.6 Tenant  assumes  responsibility  for,  and  agrees  at  the  sole  discretion  of
Landlord to indemnify, defend and hold Landlord and Landlord's agents, employees and partners
harmless from, any and all Claims, arising from, resulting from or connected with any and all acts
of, or the presence of, any Permitted Dogs in, on or about the Building (including but not limited
to biting or causing bodily injury to any other tenant, subtenant, occupant, licensee or invitee of
the Building, or damage to the Premises (including any tenant improvements therein), the Building
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and/or the property of, Landlord or any other tenant, subtenant, occupant, licensee or invitee of the
Building);
10.7 Tenant  shall  immediately  remove  any  waste  and  excrement  of  any
Permitted Dogs from the Building and properly clean the affected area;
10.8 any  Permitted  Dogs  shall  not  bark  excessively  or  otherwise  create  a
nuisance (e.g., jump on any tenant, subtenant, occupant, licensee or invitee of the Building, or
growl) at the Building;
10.9 the Permitted Dogs shall not be allowed in the Common Areas, except en
route to or from the Premises;
10.10 Tenant  shall  provide  Landlord  with  evidence  reasonably  satisfactory  to
Landlord  that  Tenant's  liability  insurance  provided  pursuant  to Section 10.03(A)  of  the  Lease
covers dog-related injuries and damage; and
10.11 Tenant shall comply with all Applicable Laws associated with or governing
the presence of the Permitted Dogs within the Building and all additional rules and regulations as
may be adopted by Landlord from time to time and/or as required by Landlord's lender, and such
presence shall not violate the certificate of occupancy for the Building.
Landlord shall have the unilateral right at any time to rescind Tenant's right to have
any dogs in the Premises (other than service animals in accordance with the Rules and Regulations
attached to the Lease as Exhibit C), if in Landlord's good faith determination, there is a legitimate
business  reason  not to  continue  to  allow  any  such  dogs  into  the  Building,  including,  without
limitation, if (i) the Permitted Dogs are, in Landlord's reasonable judgment, a substantial nuisance
to the Building (for purposes hereof, the causes for which the Permitted Dogs may be found to be
a "substantial nuisance" include but are not limited to (A) Tenant's failure to remove any waste
and excrement of any Permitted Dogs from the Building and properly clean the affected area,
(B) the Permitted Dogs damaging or destroying property in the Building), or (C) Permitted Dogs
that jump on others, bark regularly, growl at others or otherwise exhibit unreasonably problematic
behavior, or (ii) other tenants or occupants of the Building complain about the Permitted Dogs.
The rights granted herein with respect to the Permitted Dogs shall not apply or be transferable to
any other animal, and in the event Tenant wishes to bring an animal or dog other than the Permitted
Dogs (or service animals) into the Building, Tenant shall submit a written request to Landlord for
its approval, which approval may be withheld in Landlord's sole and absolute discretion.
11. California  Accessibility  Disclosure.   The  following  notice  is  hereby  provided
pursuant to Section 1938(e) of the California Civil Code:
"A Certified Access Specialist (CASp) can inspect  the subject premises  and determine
whether  the  subject  premises  comply  with  all  of  the  applicable  construction-related
accessibility  standards  under  state  law.    Although  state  law  does  not  require  a  CASp
inspection of the subject premises, the commercial property owner or Landlord may not
prohibit the Tenant or tenant from obtaining a CASp inspection of the subject premises for
the occupancy or potential occupancy of the Tenant or tenant, if requested by the Tenant
or tenant.  The parties shall mutually agree on the arrangements for the time and manner
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of the CASp inspection, the payment of the fee for the CASp inspection, and the cost of
making  any  repairs  necessary  to  correct  violations  of  construction-related accessibility
standards within the premises."
In furtherance of and in connection with such notice:  (i) Tenant, having read such notice and
understanding Tenant's right to request and obtain a CASp inspection and with advice of counsel,
hereby elects not to obtain such CASp inspection and forever waives its rights to obtain a CASp
inspection with respect to the Premises, Building and/or Real Property to the extent permitted by
applicable laws now or hereafter in effect; and (ii) if the waiver set forth in clause (i) hereinabove
is not enforceable pursuant to applicable laws now or hereafter in effect, then Landlord and Tenant
hereby agree as follows (which constitute the mutual agreement of the parties as to the matters
described in the last sentence of the foregoing notice):  (A) Tenant shall have the one-time right to
request for and obtain a CASp inspection of the Premises, which request must be made, if at all,
in  a  written  notice  delivered  by Tenant to Landlord on  or  before  the Extended Term
Commencement Date; (B) any CASp inspection timely requested by Tenant shall be conducted
(1) between the hours of 9:00 a.m. and 5:00 p.m. on any business day, (2) only after ten (10) days'
prior written notice to Landlord of the date of such CASp inspection, (3) in a professional manner
by  a CASp  designated by Landlord and without  any  testing  that would damage the Premises,
Building or Real Property in any way, and (4) at Tenant's sole cost and expense, including, without
limitation, Tenant's payment of the fee for such CASp inspection, the fee for any reports prepared
by the CASp in connection with such CASp inspection (collectively, the "CASp Reports") and
all other costs and expenses in connection therewith; (C) Tenant shall deliver a copy of any CASp
Reports to Landlord within three (3) business days after Tenant's receipt thereof; (D) Tenant, at its
sole  cost  and  expense,  shall  be  responsible  for  making  any  improvements,  alterations,
modifications and/or repairs to or within the Premises to correct violations of construction-related
accessibility  standards  disclosed  by  such  CASp  inspection;  and  (E) if  such  CASp  inspection
identifies  any  improvements,  alterations,  modifications and/or repairs  necessary  to  correct
violations of construction-related accessibility standards relating to those items of the Building
and Real Property located outside the Premises that are Landlord's obligation to repair as set forth
in Section 6.02(c) of  the  Original  Lease,  then Landlord shall  perform  such  improvements,
alterations, modifications and/or repairs as and to the extent required by applicable laws to correct
such  violations,  and Tenant shall  reimburse Landlord for  the  cost  of  such  improvements,
alterations, modifications and/or repairs within ten (10) business days after Tenant's receipt of an
invoice therefor from Landlord.
12. Miscellaneous Modifications.  Section 3.03 of the Original Lease is hereby deleted
and of no further force or effect.  From and after the Extended Term Commencement Date, the
numbers "Two Million Dollars ($2,000,000)" and "Three Million Dollars ($3,000,000)" set forth
in Section 10.03(A) of the Original Lease shall each be deleted and replaced with:  "Five Million
Dollars ($5,000,000)".  Landlord acknowledges and agrees that Tenant's insurance requirements
may  be  satisfied  through  an  umbrella  policy  in  an  amount  not  less  than  Five  Million  Dollars
($5,000,000).
13. Landlord's Notice Address.  Landlord's address for notices is hereby revised to be:

c/o Kennedy-Wilson Properties, Ltd.
13274 Fiji Way, Suite 320
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	4826-3416-6011.3
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Marina Del Rey, California  90292
Attn:  Property Manager-Marina View

with a copy to:

c/o Kennedy-Wilson Properties, Ltd.
151 S. El Camino Drive
Beverly Hills, California 90212
Attn: Kelly Pucci and KW Marina View, LLC

c/o Kennedy-Wilson Properties, Ltd.
151 S. El Camino Drive
Beverly Hills, California 90212
Attn: General Counsel
14. Brokers.  Landlord and Tenant each hereby represents and warrants to the other
party that  it  has  had  no  dealings  with  any  real  estate  broker  or  agent  in  connection  with  the
negotiation of this First Amendment, except for First Property Realty Corporation, representing
Landlord, and CBRE, Inc., representing Tenant (collectively, the "Brokers") and that it knows of
no other real estate broker or agent who is entitled to a commission in connection with this First
Amendment.  Each party agrees to indemnify and defend the other party against and hold the other
party harmless from all claims, demands, losses, liabilities, lawsuits, judgments, and costs and
expenses (including, without limitation, reasonable attorneys' fees) with  respect to  any leasing
commission  or  equivalent  compensation  alleged  to  be  owing  on  account  of  any  breach  of  the
foregoing representation  and warranty by the indemnifying party in  connection with  this First
Amendment.
15. No Further Modification.  Except as set forth in this First Amendment, all of the
terms and provisions of the Lease shall remain unmodified and in full force and effect.
16. Counterparts.  This First Amendment may be executed in multiple counterparts,
each of which is to be deemed original for all purposes, but all of which together shall constitute
one and the same instrument.
17. Electronic Signatures.  Each of the parties to this First Amendment (i) has agreed
to permit the use from time to time, where appropriate, of telecopy or other electronic signatures
(including, without limitation, DocuSign) in order to expedite the transaction contemplated by this
First Amendment, (ii) intends to be bound by its respective telecopy or other electronic signature,
(iii) is aware that the other will rely on such telecopied or other electronically transmitted signature,
and (iv) acknowledges  such reliance and waives any defenses to  the  enforcement of this First
Amendment and the documents affecting the transaction contemplated by this First Amendment
based on the fact that a signature was sent by telecopy or electronic transmission only.
[SIGNATURES ON FOLLOWING PAGE]
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IN  WITNESS  WHEREOF,  the  parties  have  caused  this First Amendment to  be  duly
executed by their duly authorized representatives as of the date first above written.

LANDLORD: KW MARINA VIEW, LLC,
a Delaware limited liability company
 By:
Name:
Its:
TENANT: TELESIGN CORPORATION,
 a California corporation
 By:
Name:
Its:

DocuSign Envelope ID: D0F34E58-CA39-43FF-8C46-8B531BE20C8D
10/15/2021
Joe Burton
CEO
President
Kent Mouton
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Andrew Whitworth
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Jan 20, 2022 8:05 PM ESTExhibit 10.19

	
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