Document:

2003 10-K Exhibit 10.39

Exhibit 10.39

ADDENDUM TO EIGHTH AMENDMENT TO SUBLEASE

This Addendum ("Addendum") is made to the EIGHTH AMENDMENT TO
SUBLEASE ("Amendment"), dated for convenience October 1, 2003, by and between
PeopleSoft, Inc., a Delaware corporation ("Sublessor"), Commerce One Operations,
Inc., a Delaware corporation, ("Sublessee") and Commerce One, Inc., a
Delaware corporation ("Commerce One, Inc.") and, together with
Sublessor and Sublessee, ("the Parties").

For good and valuable consideration, the sufficiency of which is expressly
acknowledged by each of the Parties, the Parties agree as follows:

1) In full satisfaction of its obligations under Section 3.4 of the
Amendment, Commerce One, Inc. has granted to Sublessor 1,561,321 shares of
restricted common stock.  The Parties agree that the grant price of those shares
is one dollar and thirty-two cents ($1.32) per share, with a collective value of
two million, sixty thousand, nine hundred and forty four dollars
($2,060,944).

2) In full satisfaction of its obligations under Section 3.3 of the
Amendment, and upon receipt by Commerce One from Sublessor of the original Prior
Note as described below, Sublessee shall deliver to Sublessor an executed
unsecured promissory note ("Note") in the amount of two million,
thirty nine thousand and fifty six dollars ($2,039,056), which shall be in the
form attached as Exhibit A to this Addendum.  Upon Sublessee's delivery of the
executed Note to Sublessor, the Parties expressly acknowledge that the executed
Note shall supersede the Promissory Note previously drawn in Sublessor's favor
in the amount of one million, seven hundred and twenty six thousand, seven
hundred and ninety two dollars ($1,726.792), dated December 31, 2003 and
previously delivered to Sublessor ("Prior Note").  Concurrent with the
execution of this Addendum and prior to delivery of the Note referenced above,
Sublessor shall immediately deliver to Sublessee all original or copies of the
Prior Note possessed by Sublessor and/or Sublessor's counsel.  The Parties
expressly agree that the Prior Note shall be null and void as of the date of
execution of this Amendment.  Sublessor and its successors and assigns agree to
defend, indemnify, exonerate, and hold harmless Sublessee and/or Commerce One,
Inc., and their respective successors and assigns, from and against any loss,
liability, claim, judgment or expense incurred by  Sublessee and/or Commerce
One, Inc. arising from any effort by Sublessor, its employees, directors,
agents, successors or affiliates to enforce or otherwise assert the validity of
the Prior Note.  

3) Upon execution and delivery of the Note described in Paragraph 2 above,
both Sublessee and Commerce One, Inc. will have satisfied all obligations
contained in sections 3.2, 3.3, and 3.4 of the Amendment.  In addition, for
purposes of Section 5.2(c) of the Amendment, the Parties hereby stipulate that
Sublessor shall be deemed to have received all consideration provided for in
sections 3.2, 3.3, and 3.4 of the Amendment as of December 31, 2003.  

4) Sublessor represents and warrants that it has received from Master Lessor
a written instrument that satisfies all of the conditions set forth in Section
5(a) of the Amendment ("Consent Form"), and Sublessor will provide
Sublessee with a copy of that Consent Form prior to the execution of this
Addendum but in no event later than February 6, 2004.  In the event Sublessor
fails to provide Sublessee a copy of the Consent Form prior to February 6, 2004,
Sublessor expressly and knowingly waives and agrees not to assert any claim that
the Amendment is ineffective based upon a failure of any Party to meet the
requirements of Section 5(a) of the Amendment.

5) Except as expressly modified or supplemented hereby, all other provisions
in the Amendment remain unaffected by this Addendum; provided, however, that in
the event of a conflict between the Amendment and this Addendum, this Addendum
shall govern.

6) General Provisions.

(a)This Addendum shall be binding on and shall inure to the benefit of
each of the Parties hereto, their respective successors, assigns or legal
representatives of any kind, nature or character.

(b)In case any one or more of the provisions of this Addendum shall for
any reason be held to be invalid, illegal or unenforceable in any respect, such
invalidity, illegality or unenforceability shall not affect any other provision
of this Addendum, and this Addendum shall be construed as if such invalid,
illegal or unenforceable provision had not been contained herein.

(c)This Addendum (including Exhibit A, which is incorporated herein by
this reference) and the Amendment constitute the entire agreement between the
Parties with respect to the subject matter hereof and supersedes all prior
offers, negotiations, oral and written.  This Addendum may not be amended or
modified in any respect whatsoever except by an instrument in writing signed by
all Parties.  

(d)This Addendum may be executed in any number of counterparts, each of
which shall be deemed an original, including signatures received by facsimile,
but all of such counterparts together shall constitute but one and the same
instrument.

(e)This Addendum and the rights and obligations of the Parties hereunder
shall be construed and interpreted in accordance with the laws of the State of
California (including, without limitation, conflict of laws), both in
interpretation and performance. 

 

 

IN WITNESS WHEREOF, the parties have executed this Addendum.

	
Sublessor:
	
PeopleSoft, Inc.,

	 	
a Delaware Corporation

	
Dated: November 10, 2003
	
By:  /s/ Kevin Parker 

	 	
Vice President

	
Sublessee:
	
Commerce One Operations, Inc.,

	 	
a Delaware Corporation

	
Dated: November 10, 2003
	
By:  /s/ Charles D. Boynton 

	 	
Senior Vice President and Chief Financial Officer

Commerce One Operations, Inc.

	
Commerce One, Inc., a Delaware Corporation:
	 

	
Dated: November 10, 2003
	
By:  /s/ Charles D. Boynton 

	 	
Senior Vice President and Chief Financial Officer

Commerce One, Inc.2003 10-K Exhibit 10.40

Exhibit 10.40

COMMERCE ONE OPERATIONS, INC.

                                        PROMISSORY NOTE

 

	
$2,039,056 
	
San Francisco, California
December 31, 2003

FOR VALUE RECEIVED the
undersigned, Commerce One Operations, Inc., a Delaware corporation, and Commerce
One, Inc., a Delaware corporation (jointly and severally, the "Payor"), hereby
promises to pay to the order of PeopleSoft, Inc., a Delaware corporation, (the
"Lender") the sum of Two Million Thirty Nine Thousand and Fifty Six Dollars
($2,039,056) ("Principal") without interest except as herein
provided. The Principal shall be due in a single
payment on February 22, 2005 or on such earlier date as the
Principal may become due and payable by the terms of this Note (the "Maturity Date").

The Principal shall be paid in the
lawful currency of the United States of America at such address as Lender may
designate or, in the absence of such designation, at the
address provided below for notice to Lender. This Promissory Note ("Note") may be prepaid, without penalty, in whole or in part,
at any time. All payments made hereunder shall be first applied to reduce the
Principal on this Note.

Each of the following events, acts, occurrences or
conditions shall constitute an event of default ("Event of Default") under this Note:

(a)Payor shall fail to pay any amounts owed
pursuant to this Note on or before
the Maturity Date.

(b)Payor shall fail to perform or observe any
other material agreement, covenant or obligation arising under this Note.

(c) Payor shall be in
default under any other collateral obligation for repayment of borrowed money
from a bank or other financial institution and such default shall continue
beyond any applicable notice and cure period.

(d)(i) Payor shall
commence a voluntary case concerning itself under the Bankruptcy Code; (ii) an
involuntary case is commenced against Payor and the petition is not controverted
within fifteen (15) days or if timely controverted is not dismissed within thirty (30) days, after
commencement of the case; (iii) a custodian (as defined in the Bankruptcy Code)
or receiver is appointed for, or takes charge of, all or substantially all of
the property of Payor, or Payor commences any other proceedings under any
reorganization, arrangement, adjustment of debt, relief of debtors, dissolution,
insolvency or liquidation or similar law of any jurisdiction whether now or
hereafter in effect relating to Payor, or there is commenced against Payor any
such proceeding which remains active for a period of sixty (60)
days; (iv) an order of relief or other order approving any such case or
proceeding is entered; (v) Payor is adjudicated insolvent or bankrupt; (vi)
Payor suffers any appointment of any custodian or the like for it or any
substantial part of its property to continue undischarged or unstayed for a
period of thirty (30) days; (vii) Payor makes a general assignment for the
benefit of creditors; or (viii) Payor shall by any act or failure to act consent
to, approve of or acquiesce in any of the foregoing.

Upon the occurrence of any Event of Default, all accrued Principal due under this Note shall become immediately due and payable, without necessity of prior notice or demand. If this Note is not paid in full on the Maturity Date,
or on such earlier date as all accrued Principal shall become due and payable,
interest thereafter shall accrued at a rate of ten percent (10%) simple interest
per annum. 

Payor shall pay to Lender all reasonable costs and
expenses, including, without limitation, the fees and expenses of counsel and court costs, incurred in
connection with any Event of Default or the enforcement by the Lender of any of
its rights or remedies with respect this Note. 

Any written notice hereunder shall be delivered to the Parties as follows: 

Notice to Commerce One: 
Commerce One Operations, Inc.

   Attn. General Counsel (w/copy to Chief Financial Officer)

   One Market Street, Steuart Tower, Suite 1300

   San Francisco, CA 94105

Notices to PeopleSoft:

PeopleSoft, Inc.

   One Technology Way

   Denver, CO 80237

   Attn: Vice President, Real Estate and Workplace Services

with a copy to:

PeopleSoft, Inc.

   4460 Hacienda Drive

   Pleasanton, CA 94588-8018

   Attn: General Counsel

Payor waives presentment, demand
for payment, notice of nonpayment and all other defenses to the enforcement of
this Note other than prior payment.

 

 

[REMAINDER OF THIS PAGE INTENTIONLLY LEFT BLANK]

This Note shall be governed by and construed in
accordance with the laws of the State of California without regard to the
conflicts of law provisions of the State of California or any other state. If
any provision hereof is found to be invalid or unenforceable by a court of
competent jurisdiction, the invalidity thereof shall not affect the
enforceability of the remaining provisions of this Note.

COMMERCE ONE OPERATIONS,
INC.

 

By: /s/ Charles D. Boynton

Name: Charles D. Boynton 

Title: Chief Financial Officer 

 

COMMERCE ONE, INC.

 

By: /s/ Charles D. Boynton

Name: Charles D. Boynton 

Title: Chief Financial Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00063-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00063-of-00352.parquet"}]]