Document:

Separation and Consulting Agreement

 Exhibit 10.41 
 February 15, 2006 
 Mr. Jerome Perez 
 President 
 Leapfrog Enterprises 
 6401 Hollis Street, Suite 100 
 Emeryville, CA 94608-1071 
 Re: Separation and Consulting Agreement 
 Dear Jerry: 
 On behalf of LeapFrog Enterprises, Inc. (the “Company”), I am writing to set forth the terms and conditions of the
Separation and Consulting Agreement (the “Agreement”) that the Company is offering to you with respect to your employment transition. As set forth below, this Agreement is intended to modify and supplement your Employment Agreement with
the Company, executed effective as of February 10, 2004 (the “Employment Agreement”), which is attached as Exhibit A hereto, but not to nullify or replace any provision of the Employment Agreement that is not inconsistent with this
Agreement. 
 1. Resignation Date. You have submitted your resignation from employment with the Company for “Good
Reason,” as that term is defined in Section 3.3.3 (Good Reason) of the Employment Agreement. (All capitalized terms used in this Agreement shall have the meaning given to them in the Employment Agreement, unless they are expressly defined
differently in this Agreement.) Due to the effect of the reorganization of the Company’s senior executive structure, effected as of February 15, 2006 by the Company’s Board of Directors, on your role, responsibilities, and authority,
the Company hereby waives the requirement of Section 3.3.3 of the Employment Agreement for thirty (30) days notice of such a resignation. Accordingly, you and the Company have agreed that as of February 15, 2006 (the “Separation
Date”) you have resigned from your positions as President and Director of the Company, and from any and all other offices, directorships, or positions you may hold with the Company or any of its subsidiaries or other affiliated entities, and
the Company accepts those resignations. On or as soon as practicable after the Resignation Date, you shall receive a final paycheck from the Company for all accrued wages and all accrued and unused vacation through the Resignation Date, subject to
standard withholdings and deductions. 
 2. Compensation and Benefits After Resignation. The parties acknowledge and agree that
Section 3.2 (Compensation and Benefits Upon Termination) of the Employment Agreement was intended to provide all of the same benefits for a termination for Good Reason (rather than “without Good Reason”) that otherwise would have been
provided for a termination without Cause under those sections. Under this Agreement, you shall receive all of the compensation and benefits that would be available under Section 3.2 of the Employment Agreement for a termination without Cause,
except as certain terms (including but not limited to certain stock option vesting, the payment of Consulting Fees and health insurance 

  

 1. 

 
reimbursement, and certain terms governing your consulting relationship with the Company) shall be modified as provided in this Agreement. 
 (a) Vesting. As provided in Section 3.2(ii) (After First Year) of the Employment Agreement, one half of the shares
subject to the Option that have not otherwise vested as of the Separation Date shall accelerate vesting and become fully exercisable as of the Separation Date, however the parties acknowledge and agree that all such Option shares have previously
vested. All other shares subject to any other equity award (including any stock options, performance shares, and restricted stock grants) (the “Other Equity Awards”) shall cease vesting as of the Separation Date; except that the restricted
stock grant dated November 10, 2004 of 40,000 shares shall continue to vest in accordance with its terms during the Consulting Period. Pursuant to the terms of the grants, all vested stock options under both the Option and the Other Equity
Awards shall be exercisable until the date that is three (3) months after the end of the Consulting Period. The Option and Other Equity Awards shall continue to be governed by the Company’s 2002 Equity Incentive Plan and the terms of the
applicable grant documents. 
 (b) Consulting Fees. The Consulting Fees that would otherwise have been payable
monthly under Section 3.2(iii) (Three Year Post-Employment Consulting) of the Employment Agreement, shall be paid as follows: no payments shall be made during the first six (6) months of the Consulting Period. Six (6) months after the
Separation Date, the Company shall pay you an initial Consulting Fee of $262,500, provided that: (i) you are not in material breach of the terms of the Employment Agreement or this Agreement; and (ii) you have not provided any services or
assistance in any capacity to a Competitive Business (as defined in Section 3.2(iii)(j) of the Employment Agreement), provided further that, in the event that you have provided such services or assistance to a Competitive Business, you shall
receive a prorated portion of the initial Consulting Fee of $262,500 reflecting the portion of the six month period after the Separation Date that elapsed prior to the commencement of your services or assistance to a Competitive Business.
Thereafter, if you have not previously breached or provided competitive services or assistance as described in the preceding sentence, monthly payments of the Consulting Fees shall commence as provided in Section 3.2(iii)(c) (Consulting Fees)
of the Employment Agreement. 
 (c) Health Reimbursements. The Company’s reimbursement of your premiums for
continued health insurance coverage after the Separation Date pursuant to Section 3.2(vii) (Health Reimbursements) of the Employment Agreement shall be made as follows: no reimbursement payment shall be made for the first six (6) months
after the Separation Date; on the six (6) month anniversary of the Separation Date, the Company shall reimburse you in one lump sum for the total amount of your premium payments since the Separation Date; and beginning with your next monthly
premium payment after that lump sum payment is made, the Company shall reimburse you on a monthly basis as provided in Section 3.2(vii) of the Employment Agreement. 
 3. Protection of Consulting Information. You agree that, during the Consulting Period and thereafter, you will not use or disclose any confidential or proprietary information or materials of the Company
that you obtain or develop in the course of performing the Services, except: (a) with permission of a duly-authorized Company officer, (b) for the purpose of performing the Services, or (c) as required by compulsion of law (after
providing notice of such 

  

 2. 

 
compulsion to the Company so as to afford the Company an opportunity to object to such compulsion and disclosure). 
 4. Employment Expense Reimbursements. No later than forty-five (45) days after the Separation Date, you shall submit your final
documented employee expense reimbursement statement reflecting all business expenses you incurred through the Separation Date for which you seek reimbursement. The Company will reimburse you for such expenses pursuant to its regular business
practice. The Company agrees that, six (6) months after the Separation Date, it will: (a) reimburse you in the amount of $5,000 for your life insurance premiums, as provided in Section 2.4(iii) of the Employment Agreement; and
(b) reimburse you in the amount of $5,000 for attorneys fees you have incurred in the negotiation and review of this Agreement. 
 5. Deferred Compensation. In the event that the Company reasonably determines that any payments or other compensation to you under this Agreement, the Employment Agreement, or a written employee benefit plan subject to ERISA,
fail to satisfy the distribution requirement of Section 409A(a)(2)(A) of the Internal Revenue Code (the “Code”) as a result of Section 409A(a)(2)(B)(i) of the Code, then the payment of such benefits shall not be made pursuant to
the payment schedules provided herein and instead the payment of such benefits shall be delayed or otherwise restructured to the minimum extent necessary so that such benefits are not subject to the provisions of Section 409A(a)(1) of the Code.

 6. Return of Company Property. Within ten (10) days of the Separation Date, you shall return to the Company all
documents (and all copies thereof) and other property belonging to the Company that you have in your possession or control, with the exception of any property that the Company authorizes you in writing to retain in connection with your consulting
Services hereunder, which property shall be returned promptly upon the request of the Company. The documents and property to be returned by you include, but are not limited to, all files, correspondence, email, memoranda, notes, notebooks, drawings,
records, plans, forecasts, reports, studies, analyses, compilations of data, proposals, agreements, financial information, research and development information, sales and marketing information, operational and personnel information, specifications,
code, software, databases, computer-recorded information, tangible property and equipment (including, but not limited to, facsimile machines, mobile telephones, and servers), credit cards, entry cards, identification badges and keys; and any
materials of any kind which contain or embody any proprietary or confidential information of the Company or any of its Affiliates (and all reproductions thereof in whole or in part). You agree to make a diligent search to locate any such documents,
property and information. If you have used any personally owned computer, server, or e-mail system to receive, store, review, prepare or transmit any Company confidential or proprietary data, materials or information, within fifteen
(15) business days after the Separation Date, you shall provide the Company with a computer-useable copy of all such information and then permanently delete and expunge such confidential or proprietary information from those systems; and you
agree to provide the Company access to your system as requested to verify that the necessary copying and/or deletion is done. 
 7.
Disclosure. You hereby acknowledge and agree that this Agreement and a description of the terms set forth herein will be filed by the Company with the Securities and Exchange Commission pursuant to its obligations as a reporting company under
the Securities 

  

 3. 

 
Exchange Act of 1934, as amended and the rules and regulations promulgated thereunder, and consequently shall be publicly available. 
 8. Nondisparagement. For the three (3) year period following the Separation Date, you agree not to disparage the Company and its
officers, directors, and employees in any manner intended to be harmful to them or their business, business reputation or personal reputation; and the Company (through its executive officers and directors) agrees not to disparage you in any manner
intended to be harmful to you or your business, business reputation or personal reputation. Notwithstanding anything else in this paragraph, both the Company and you may respond accurately and fully to any inquiry or request for information to the
extent required by legal process. 
 9. No Admissions. The promises and payments in consideration of this Agreement shall not
be construed to be an admission of any liability or obligation by either party to the other party, and neither party makes any such admission. 
 10. No Voluntary Adverse Assistance. You agree that you will not voluntarily assist any other person in preparing, bringing, or pursuing any litigation, arbitration, administrative claim or other formal proceeding against the
Company, its parents, subsidiaries, Affiliates, distributors, officers, directors, employees or agents, with respect to any matters arising prior to the end of the Consulting Period, unless pursuant to subpoena or other compulsion of law.

 11. Acts Necessary To Effect This Agreement. You and the Company agree to timely execute any instruments or perform any
other acts that are or may be necessary or appropriate to effect and carry out the transactions contemplated by this Agreement. 
 12.
Release. In exchange for the consideration under this Agreement to which you would not otherwise be entitled, you hereby generally and completely release the Company and its directors, officers, employees, shareholders, partners, agents,
attorneys, predecessors, successors, parent and subsidiary entities, insurers, affiliates, and assigns from any and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts,
conduct, or omissions occurring at any time prior to or at the time you sign this Agreement. This general release includes, but is not limited to: (1) all claims arising out of or in any way related to your employment with the Company or the
termination of that employment; (2) all claims related to your compensation or benefits from the Company, including salary, bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any
other ownership or equity interests in the Company; (3) all claims for breach of contract, wrongful termination, and breach of the implied covenant of good faith and fair dealing; (4) all tort claims, including claims for fraud,
defamation, emotional distress, and discharge in violation of public policy; and (5) all federal, state, and local statutory claims, including claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising
under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990, the federal Age Discrimination in Employment Act (as amended) (“ADEA”), the federal Family and Medical Leave Act, the California
Family Rights Act, and the California Fair Employment and Housing Act (as amended). Notwithstanding the foregoing, you are not releasing the Company hereby from: (a) any obligation to indemnify you pursuant to the 

  

 4. 

 
articles and bylaws of the Company, any valid fully executed indemnification agreement with the Company, any applicable directors and officers liability
insurance policy, and applicable law; or (b) any obligations to make payments to you under Section 3.2(iv) (Loss Reimbursement) or Section 3.2(vi) (Pro Rata Bonus) of the Employment Agreement. You represent that you have no lawsuits,
claims or actions pending in your name, or on behalf of any other person or entity, against the Company or any other person or entity subject to the release granted in this paragraph. 
 13. ADEA Waiver. You acknowledge that you are knowingly and voluntarily waiving and releasing any rights you may have under the ADEA, and
that the consideration given for the waiver and release in the preceding paragraph hereof is in addition to anything of value to which you are already entitled. You further acknowledge that you have been advised, as required by the ADEA, that:
(a) your waiver and release do not apply to any rights or claims that may arise after the date that you sign this Agreement; (b) you should consult with an attorney prior to signing this Agreement (although you may choose voluntarily not
to do so); (c) you have twenty-one (21) days from the date you receive this Agreement to consider this Agreement (although you may choose voluntarily to sign it earlier); (d) you have seven (7) days following the date you sign
this Agreement to revoke the Agreement by providing written notice of your revocation to the Board; and (e) this Agreement will not be effective until the date upon which the revocation period has expired, which will be the eighth day after the
date that this Agreement is signed by you (the “Effective Date”). 
 14. Section 1542 Waiver. In giving the
releases set forth in this Agreement, which include claims which may be unknown to you at present, you acknowledge that you have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does
not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.” You hereby expressly waive and
relinquish all rights and benefits under that section and any law or legal principle of similar effect in any jurisdiction with respect to your release of claims herein, including but not limited to the release of unknown and unsuspected claims.

 15. Dispute Resolution. To ensure rapid and economical resolution of any disputes regarding this Agreement, the parties
hereby agree that any and all claims, disputes or controversies of any nature whatsoever arising out of, or relating to, this Agreement, or its interpretation, enforcement, breach, performance or execution, your employment with the Company, or the
termination of such employment, shall be resolved, to the fullest extent permitted by law, by final, binding and confidential arbitration in San Francisco, California conducted pursuant to the provisions of Section 12 (Arbitration) of the
Employment Agreement. 
 16. Miscellaneous. This Agreement, including the Employment Agreement attached hereto as an exhibit,
constitutes the complete, final and exclusive embodiment of the entire agreement between you and the Company with regard to the subject matter hereof. It is entered into without reliance on any promise or representation, written or oral, other than
those expressly contained herein, and it supersedes any other agreements, promises, warranties or representations concerning its subject matter. Notwithstanding the provision of the previous sentence, this Agreement shall be construed to modify and
supplement the Employment Agreement, but not to 

  

 5. 

 
nullify or replace any provision of the Employment Agreement that is not inconsistent with this Agreement. This Agreement may not be modified or amended
except in a writing signed by both you and a duly authorized officer of the Company. This Agreement will bind the heirs, personal representatives, successors and assigns of both you and the Company, and inure to the benefit of both you and the
Company, their heirs, successors and assigns. If any provision of this Agreement is determined to be invalid or unenforceable, in whole or in part, this determination shall not affect any other provision of this Agreement and the provision in
question shall be modified so as to be rendered enforceable in a manner consistent with the intent of the parties insofar as possible under applicable law. This Agreement shall be construed and enforced in accordance with the laws of the State of
California without regard to conflicts of law principles. Any ambiguity in this Agreement shall not be construed against either party as the drafter. Any waiver of a breach of this Agreement, or rights hereunder, shall be in writing and shall not be
deemed to be a waiver of any successive breach or rights hereunder. This Agreement may be executed in counterparts which shall be deemed to be part of one original, and facsimile signatures shall be equivalent to original signatures. 
 If this Agreement is acceptable to you, please sign below on or within twenty-one (21) days of your receipt of this letter and return the original to me. If I do
not receive the fully executed Agreement from you by such date, the Company’s offer contained herein will expire. 
 We very much look forward to
continuing to work with you. 
 Sincerely, 
  

			
	LEAPFROG ENTERPRISES, INC.
		
	By:	 	/s/ Thomas J. Kalinske
		 	Thomas J. Kalinske
		 	Chief Executive Officer

 Exhibit A – Employment Agreement 
  

					
	Understood and Agreed:	 		 	
			
	/s/ Jerome Perez	 		 	2/15/06
	Jerome Perez	 		 	Date

  

 6. 

 EXHIBIT A 
 EMPLOYMENT AGREEMENT 
 [Employment Agreement, effective as of
February 10, 2004, between Jerome Perez and 
 LeapFrog filed as Exhibit 10.28 with LeapFrog Enteprises, Inc.’s Form 10-K

 filed on March 12, 2004 (SEC File No. 001-31396)] 
  

 7.Sixth Amendment, dated March, 22, 2006, to Net Lease

 Exhibit 10.42 
 SIXTH AMENDMENT TO LEASE 
 THIS SIXTH AMENDMENT TO LEASE (“Agreement”) dated
this 22 day of March, 2006, is made and entered into by and between HOLLIS STREET INVESTORS, L.L.C., a Delaware limited liability company (“Landlord”) and LEAPFROG ENTERPRISES, INC., a Delaware corporation
(“Tenant”). 
 BACKGROUND 
 A. Landlord and Tenant entered into that certain Lease Agreement dated November 14, 2000, for approximately 40,060 rentable square feet of space (the “Premises”) located at 6401 Hollis
Street, Suite 150, Emeryville, California, as more fully described in the Lease. 
 B. The Lease has been amended by a First Amendment to
Lease dated April 30, 2001. 
 C. The Lease has been amended by a Second Amendment to Lease dated February 22, 2002, whereby the
Premises were expanded by an additional 30,770 rentable square feet and Tenant’s Pro Rata Share was increased to Fifty-One and Sixty-Two Hundredths Percent (51.62%). 
 D. The Lease has been amended by a Third Amendment to Lease dated March 27, 2003, whereby the Premises were again expanded by an additional 31,980 rentable square feet and Tenant’s Pro Rata Share was
increased to Seventy-Four and Ninety-Three Hundredths Percent (74.93%). 
 E. The Lease has been amended by a Fourth Amendment to Lease dated
March 27, 2003. 
 F. The Lease has been amended by a Fifth Amendment to Lease dated March 7, 2005 (“Fifth Amendment”),
whereby the Lease Term was extended until March 31, 2016. 
 G. The Lease Agreement, as amended from time to time, is referred to as the
“Lease”. 
 H. The Premises currently contain 102,810 rentable square feet. 
 I. The current term of the Lease expires on March 31, 2016. 
 J. Tenant desires to expand the size of the Premises by an additional 34,393 rental square feet known as Suite 125 and to amend the terms and conditions of the Lease as set forth in this Agreement. 
 K. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Lease. 

 AGREEMENT 
 NOW, THEREFORE, in consideration of the covenants and agreements contained herein, the parties hereby mutually agree as follows: 
 1. COMMENCEMENT DATE. For purposes of this Agreement, the effective date for the expansion of the Premises (the “Expansion Commencement Date”) shall be the earlier of (i) the
date of Tenant’s occupancy of Suite 125, or (ii) January 1, 2007; provided that if the Suite 125 Improvements (as defined below) are not complete by January 1, 2007, the Expansion Commencement Date shall be the earlier of
(x) the date of Tenant’s occupancy of Suite 125 or (y) the date of Substantial Completion (as defined below) of the Suite 125 Improvements. Tenant shall not be obligated, however, to pay Rent (Base Rent and Tenant’s Pro Rata
Share of Operating Expenses and Taxes) until the later of January 1, 2007, or the Expansion Commencement Date (“Rent Commencement Date”). 
 2. EXPIRATION DATE. The term of the Lease expires on March 31, 2016. 
 3.
PREMISES. The square footage of the Premises is currently 102,810 rentable square feet (the “Existing Premises”). As of the Expansion Commencement Date, the term “Premises” shall include the Existing
Premises and an additional 34,393 rentable square feet located in the Building as depicted on revised Exhibit A attached hereto (the “Suite 125”) for a total of 137,203 rentable square feet. Tenant shall have
access to Suite 125 approximately two (2) weeks prior to the date of Substantial Completion of the Suite 125 Improvements for purposes of installing furniture, fixtures and equipment; provided that, Tenant shall not interfere with or
delay the construction of the Suite 125 Improvements. Such early access shall not constitute “occupancy” of Suite 125 by the Tenant. As of the date Landlord delivers Suite 125 to Tenant, Suite 125 shall be in compliance with all applicable
laws, including Access Laws, and the building systems shall be in good working order. Tenant shall have the right to install its own furniture and fixtures (including artwork and promotional displays) in the Building lobby and Landlord agrees, at
Tenant’s written request, to remove some or all of Landlord’s lobby furniture and artwork (subject to the City of Emeryville Art Commission guidelines), provided that any such installation by Tenant shall be subject to Landlord’s
reasonable approval which may be revoked at anytime upon 30 days written notice to Tenant and subject to Common Area uses as outlined in Paragraph 1 of the Lease. Tenant further acknowledges that other tenants within the Property shall continue to
have free access to the gym and common area restrooms located within the Building. 
 4. SUBSTANTIAL COMPLETION. For the
purposes of this Agreement, the term “Substantial Completion” means the date that the Suite 125 Improvements have been completed substantially in accordance with the plans and specifications described in Paragraph 9 below, subject to Punch
List Work and Landlord has received a certificate of occupancy, or equivalent, for Suite 125 from the appropriate Governmental Authority having jurisdiction over the Building, permitting Suite 125 to be occupied by Tenant in accordance with Laws.

 5. TENANT’S PRO RATA SHARE. As of the Expansion Commencement Date, Tenant’s Pro Rata Share for the Building shall
be one hundred percent (100%) and Tenant’s pro Rata Share for the Project shall be Sixty and eight-five hundredths percent (60.85%). 
 6. RENT. The definition of “Base Rent” in Section 1 of the Lease is hereby amended to reflect that the Base Rent shall include both the Base Rent for the Existing Premises and the Base Rent for Suite 125.
The Base Rent for Suite 125 shall be as set forth below, payable in equal monthly installments, in advance, on the first business day of each and every month of the Term. The Base Rent and Tenant’s Prorate Share of Operating Expenses and Taxes
shall commence on the Rent Commencement Date. 
  

 2 

 Expansion Space (34,392 rsf) 
  

				
	 Months
	  	Base Rent/
Month
	 Rent Commencement Date – December 31,2007
	  	$	44,019.43
	 January 1, 2008 – December 31, 2008
	  	$	44,965.24
	 January 1, 2009 – December 31, 2009
	  	$	45,934.69
	 January 1, 2010 – December 31, 2010
	  	$	46,928.38
	 January 1, 2011 – December 31, 2011
	  	$	53,992.59
	 January 1, 2012 – December 31, 2012
	  	$	55,153.36
	 January 1, 2013 – December 31, 2013
	  	$	56,343.14
	 January 1,2014 – December 31,2014
	  	$	57,562.67
	 January 1, 2015 – December 31, 2015
	  	$	58,812.68
	 January 1, 2016 – March 31, 2016
	  	$	60,093.95

 The above-referenced Base Rent figures include the costs of parking spaces allocated to Suite 125. 
 7. TI ALLOWANCE. Landlord shall provide Tenant with an improvement allowance equal to One Million Eight Hundred Ninety-One Thousand Six
Hundred Fifteen and No/100 Dollars ($1,891,615.00) (“TI Allowance”) computed at the rate of Fifty-Five and No/100 Dollars ($55.00) per rentable square foot of Suite 125, to use for improvements to Suite 125 (“Suite
125 Improvements”). The TI Allowance shall apply to all costs incurred by Landlord in the performance of the Suite 125 Improvements, including but not limited to costs of labor, materials, space planning, architectural and engineering
fees, construction documents, permits, and a construction management fee payable to Landlord equal to four percent (4%) of the hard construction costs. The TI Allowance may also be used by Tenant for Suite 125 furniture and fixtures (including
data cabling) and for moving expenses. In the event Tenant uses less than Fifty-Five and No/100 Dollars ($55.00) per square foot, any unused portion shall be credited to rent due under the Lease. In the event Tenant requires more than Fifty-Five and
No/100 Dollars ($55.00) per square foot, Landlord will agree to provide Tenant with up to an additional Ten and No/100 Dollars ($10.00) per square foot of TI Allowance, which amount actually be used by Tenant shall be amortized over the Term of the
Lease with interest at an annual rate of eight percent (8%) per annum, payable monthly as Additional Rent. Any cost in excess of the TI Allowance, as increased pursuant to the previous sentence, will be the responsibility of Tenant. 

8. BASE BUILDING ALLOWANCE. Paragraph 6(c) of the Fifth Amendment is hereby amended to provide that the Base Building Allowance may be
used by Tenant for Tenant Improvements in Suite 175, 150 and/or 100 beyond the December 31, 2006 date provided that use of the Base Building Allowance is initiated prior to December 31, 2006. If not used on or before June 30, 2007,
any unused portion of the Tenant Allowance shall no longer be available. 
 9. CONSTRUCTION. 
 a. Landlord shall construct the Suite 125 Improvements using the TI Allowance, with the architects and general contractor mutually agreed
upon by Landlord and Tenant. 
 b. Within four (4) weeks after execution of this Agreement, Tenant shall cause its
architect to furnish to Landlord, for Landlord’s reasonable approval, space plans sufficient to convey the architectural design of Suite 125, including, without limitation, the location of doors, partitions, electrical and telephone outlets,
plumbing fixtures, heavy floor 

  

 3 

 
loads and other special requirements (collectively, the “Space Plan”). Landlord’s architect shall review the Space Plan. The fees of
Landlord’s architect shall be paid via the TI Allowance. If Landlord fails to approve the Space Plan within the ten (10) day period following its receipt of the Space Plan, the Space Plan shall be deemed disapproved. If Landlord shall
disapprove of any portion of the Space Plan within such ten (10) day period, Landlord shall advise Tenant of the reasons therefor and shall notify Tenant of the revisions to the Space Plan that are reasonably required by Landlord for the
purpose of obtaining approval. Tenant shall thereafter submit to Landlord, for Landlord’s approval, a redesign of the Space Plan, incorporating the revisions agreed upon by the parties. 
 c. Landlord shall cause its architect to prepare from the approved Space Plan, complete plans and specifications for the Suite 125
Improvements. The plans and specifications shall (a) be compatible with the Building shell and with the design, construction and equipment of the Building; (b) comply with all Governmental Requirements; (c) comply with all applicable
insurance regulations; and (d) be consistent with the approved Space Plan. 
 d. All work or installation performed by
Landlord or Tenant in Suite 125 shall be completed in compliance with the provisions of the Lease and this Agreement and shall be performed by contractor(s) and subcontractors of any tier who (a) are parties to, and bound by, a collective
bargaining agreement with a labor organization affiliated with the Building and Construction Trades Council of the AFL-CIO applicable to the geographic area in which the Building is located and to the trade or trades in which the work under the
contract is to be performed and (b) employ only members of such labor organizations to perform work within their respective jurisdictions. 
 e. The Suite 125 Improvements shall be the property of Landlord upon completion unless otherwise agreed to in writing by the parties. Tenant shall not be obligated to remove the Suite 125 Improvements at the end of
the Term. 
 f. Landlord warrants that all of the Suite 125 Improvements shall be constructed in a good and workmanlike manner
and free from defects for twelve (12) months following the date of Substantial Completion. During such 12-month period, Landlord shall promptly correct any defect, patent or latent, in the Suite 125 Improvements at Landlord’s sole cost and
expense, as they become known to Landlord or within thirty (30) days after Tenant notifies Landlord of such defect. Landlord shall assign to Tenant any and all warranties and guarantees of third parties held by Landlord, with respect to the
Suite 125 Improvements that Tenant is responsible to maintain pursuant to the terms of the Lease and that extend beyond the 12-month period, for enforcement directly by Tenant. If a warranty or guaranty is not assignable, then Landlord shall enforce
it for the benefit of Tenant, as directed by Tenant. 
 g. The final, stand alone paragraph of Section 5(b) of the Lease
regarding the pass through of certain costs as Operating Expenses shall not apply to Landlord’s obligations under this Section 9 f. 
 10. PARKING. 
 a. Commencing on the Expansion Commencement Date, Tenant shall have the right to use
Two and Seventy-Five Hundredths (2.75) spaces per 1,000 rentable square feet of leased area in Suite 125 (approximately 95 parking stalls) for a combined total of 505 parking stalls for the entire Premises. In order to achieve the above-stated
parking ratio, some parking may be tandem parking requiring an attendant. Tenant agrees that in that event the cost of the parking attendant shall be an Operating Expense allocated to the entire Project and Tenant will be liable for Tenant’s
Pro Rata Share thereof. 
  

 4 

 b. Notwithstanding the above, Tenant shall continue to have the right to use unlimited
parking spaces beyond Tenant’s allocation (the “Additional Parking Spaces”) until such time as all parking spaces in the Project have been allocated to tenants. Provided that Landlord may notify Tenant from time to time
as Landlord leases additional space in the Project of the number of Additional Parking Spaces that Tenant must relinquish so that Landlord can provide parking spaces for other tenants in the Project (which parking for other tenants shall not exceed
four (4) spaces per 1,000 rentable square feet of leased area) without implementing tandem parking. After Tenant has relinquished its right to use all of the Additional Parking Spaces, Landlord may need to implement tandem parking for all
tenants. 
 11. OPTION TO EXTEND. The provisions of Section 39 of the Lease. Renewal Option, shall apply to Suite
125. 
 12. RIGHT OF FIRST OFFER. The Right of First Offer in Paragraph 9 of the Fifth Amendment shall remain in effect but
shall be amended to (i) delete the first sentence of Section 9(a), (ii) Available Space shall be defined to include only those spaces within the Property in excess of 5,000 square feet and (iii) shall apply to Available Space on
or after January 1, 2008. 
 13. TERMINATION RIGHT. The provisions of the termination right in Paragraph 10 of the Fifth
Amendment shall not apply to Suite 125. 
 14. AUTHORITY. Tenant represents and warrants that all necessary corporate actions
have been duly taken to permit Tenant to enter into this Agreement and that the person signing this Agreement on behalf of Tenant has been duly authorized and instructed to execute this Agreement. Landlord represents and warrants that all necessary
company actions have been duly taken to permit Landlord to enter into this Agreement and that the person signing this Agreement on behalf of Landlord has been duly authorized and instructed to sign this Agreement. 
 15. BROKERS. Each of Landlord and Tenant warrants and represents that it has dealt with no real estate broker in connection with this
Agreement other than Colliers International and NAIBT Commercial (collectively, “Broker”), and that no other broker is entitled to any commission on account of this Agreement. The party who breaches this warranty shall defend, hold
harmless and indemnify the other from any loss, cost, damage or expense, including reasonable attorneys’ fees, arising from the breach; Landlord’s indemnity of Tenant shall include claims by the Broker. Landlord is solely responsible for
paying the commission of the Broker in accordance with a separate agreement. 
 16. FULL FORCE AND EFFECT. Except as expressly
modified above, all terms and conditions of the Lease remain in full force and effect and are hereby ratified and confirmed. Landlord and Tenant hereby acknowledge and agree that, except as provided in this Agreement, the Lease has not been
modified, amended, canceled, terminated, released, superseded or otherwise rendered of no force or effect. 
 INTENTIONALLY BLANK 

 

 5 

													
	LANDLORD:	 		 	TENANT:
			
	Hollis Street Investors, L.L.C.,	 		 	Leapfrog Enterprises, Inc.,
	a Delaware limited liability company	 		 	a Delaware corporation
					
	By:	 	NewTower Trust Company Multi- 	 		 	By:	 	/s/ William B. Chiasson
		 	Employer Property Trust, its Manager	 		 	Name:	 	William B. Chiasson
		 		 		 		 	Its:	 	Chief Financial Officer
						
		 	By:	 	Kennedy Associates Real Estate	 		 		 	
		 		 	Counsel, Inc., its Authorized	 		 		 	
		 		 	Signatory	 		 		 	
							
		 		 	By:	 	/s/ Scott M. Matthews	 		 		 	
		 		 	Name:	 	Scott M. Matthews	 		 		 	
		 		 	Its:	 	Vice President	 		 		 	

  

 6 

 Exhibit A 
 [Diagram Omitted]

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