Document:

EX-10.1

EXHIBIT 10.1

Dated April 20, 2005

SPHERION TECHNOLOGY (UK) LIMITED (1)

- and -

CTI DATA SOLUTIONS LIMITED (2)

LEASE

relating to

Ground First and Second Floor, Nordic House, 120 High Street, Purley,

Russell-Cooke

2 Putney Hill

Putney

London SW15 6AB

DX 59456 Putney

TELEPHONE: 0208 394 6511

FACSIMILE: 0208 394 6566

Ref: 14/AI/tsm/CTI/110635/2

Engrossment: 02 03.05

1

This Lease is made the 20th day of April 2005

BETWEEN:-

	 	(1)	 	SPHERION TECHNOLOGY (UK) LIMITED (Company Registration No: 03129645) whose registered office
is situate Bryan Cave, 33 Cannon Street, London, EC4M 5TE (“the Lessor” which expression
shall where the context so admits include the reversioner for the time being expectant upon
the term hereby created) and

	 	(2)	 	CTI DATA SOLUTIONS LIMITED (Company Registration No: 02969593) whose registered office is
situate at Nordic House, 120 High Street, Purley, Surrey, CR8 ZAD (“the Lessee” which
expression shall where the context so admits include the person for the time being entitled
to the premises hereby demised for the residue of the term hereby created)

WITNESSETH:-

1. Definitions and Interpretations

For all purposes of this Lease the terms defined in this clause have the meanings specified

1.1 Interpretation of “this Lease”

The expression “this Lease” includes, unless expressly stated to the contrary, any document
supplemental to or collateral with this document or entered into in accordance with this
document except the Previous Lease

1.2 “The Previous Lease”

“The Previous Lease” means a Lease dated the 10th August 2000 between (1)
Interim Technology (UK) Limited (2) CTI Data Solutions Limited by which all that Ground
First and Second Floors of Nordic House, 120 High Street, Purley, Surrey (“the Premises”)
were demised to the Lessee TOGETHER WITH the rights therein granted excepting and
reserving as therein provided or demised for the term of five years from and including the
28 day of January 2000

1.3 “The Rent Deposit Deed”

“The Rent Deposit Deed” means a Rent Deposit Deed dated the 10th August 2000 and
made between Interim Technology (UK) Limited (1) and CTI Data Solutions Limited (2)

1.4 “The Superior Lease”

“The Superior Lease” means a lease dated 4 April 1989 and made between Conifer Court
Limited (1) GN Elmi Limited (2) and G N Elmi a.s. (3)

1.5 “The Supplemental Deed”

“The Supplemental Deed” means The Supplemental Deed dated the 10th August 2000
and made between Interim Technology (UK) Limited (1) and CTI Data Solutions Limited (2)

2. Recitals

2.1. The Premises are vested in the Lessee and the reversion immediately expectant on the
term granted by the Previous Lease is vested in the Lessor

	 	2.2.	 	The Lessee has requested the Lessor to grant a further lease of the Premises
to them on the terms appearing below

3. Demise

The Lessor demises to the Lessee with full title guarantee the Premises together with the
rights specified in the Previous Lease but excepting and reserving to the Lessor the rights
specified in the Previous Lease TO HOLD the Premises to the Lessee for a term (“The Term”)
of years from and including the 27th January 2005 until the 24th
December 2013 (subject to earlier termination as provided herein) YIELDING AND PAYING to
the Lessor the rent of Forty Five Thousand POUNDS (£45,000.00) per annum (subject to review
as hereinafter provided) payable without any deduction by equal quarterly payments in
advance on the usual quarter days in every year and proportionately for any period of less
than a year, the first such payment being a proportionate sum in respect of the period from
and including the date hereof to and including the day before the next quarter day after
that date, to be paid on the date of this Lease

4. Terms

Except as to the term of years granted this Lease is made upon the same terms and subject
to the same covenants provisos and conditions as are contained in the Previous Lease as if
they were set out in this Lease in full with such modifications as are set out herein and
in Schedule 1

2

5. Covenants

	 	5.1.	 	The Lessee covenants with the Lessor to observe and perform all the covenants
and conditions on its part contained in the Previous Lease as modified below in the
Schedule

	 	5.2	 	The Lessor covenants with the Lessee to observe and perform all the covenants
and conditions on its part contained in the Previous Lease as modified below in the
Schedule

	 	5.3	 	Upon the rent review on 25th December 2008 the Lessee covenants to
pay the adjusted rent pursuant to the Fourth Schedule of the Superior Lease (but for
the avoidance of doubt the upward only basis is to apply to apply pro-rata as the rent
under the Superior Lease)

6. The Contracts (Rights of Third Parties) Act 1999

For the purposes of The Contracts (Rights of Third Parties) Act 1999 it is not
intended that any third party shall have the benefit of any term or terms of this Lease

7. Rent Deposit

The terms of the Rent Deposit Deed shall continue to apply to the parties hereto subject to
the following: -

7.1. The Deposit Balance shall be held in a separate interest earning back account with

the Landlord’s solicitors who for the time being are Ross & Craig of 12A Upper
Berkely Street London W1H 7QE designated “Nordic House, 120 High Street, Purley
Rent Deposit”.

	 	7.2.	 	In the event of the Term continuing beyond 26th January 2008 the
Landlord will not require any Rent Deposit but will repay the Rent Deposit to the
Tenant in accordance with the Terms of the Rent Deposit Deed.

8. Landlord and Tenant Act Exclusion

	 	8.1	 	The Lessor has served on the Lessee a notice dated February 16, 2005 in the
form or substantially in the form set out in Schedule 1 to the Regulatory Reform
(Business Tenancies) (England and Wales) Order 2003 in relation to the tenancy created
by this Lease

	 	8.2	 	The Lessee, or a person duly authorised by the Lessee has made a
declaration/statutory declaration dated February 18, 2005 in a form complying with the
requirements of Schedule 2 to the Regulatory Reform (Business Tenancies) (England and
Wales) Order 2003 in relation to the notice described in clause 8.1.

	 	8.3	 	Where declaration referred to in clause 8.2 was made by a person other than
the Lessee the Lessee confirms the declarant was duly authorised by the Lessee to make
the declaration on the Lessee’s behalf

	 	8.4	 	The Lessor and Lessee agree that the provisions of sections 24 to 28 of the
Landlord and Tenant Act 1954 are excluded in relation to the tenancy created by this
Lease

9. Supplemental Deed

Clauses 5, 7 and 8.2 8.3 of the Supplemental Deed shall continue to apply to the terms of
this Lease.

SCHEDULE 1

Modifications

	 	 	 	1. The Lessee shall be liable to redecorate in accordance with the terms clause 3(7) of the
Superior Lease

2. In place of clause 6 of the Previous Lease the following wording shall apply: -

	 	 	 	“6.1. If the Lessee wishes to terminate the Lease on 26th January 2007
or at anytime thereafter and shall give the Lessor not less than six months notice in
writing then upon expiry of such notice The Term shall immediately cease and determine
but without prejudice to the rights of either party in respect of any antecedent claim
or breach of covenant

	 	6.2.	 	If the Lessee exercises its break clause on the 26 January 2007 it shall pay
to the Lessor the equivalent of three months of the annual rent”.

	 	3.	 	The Lessor is to contribute to the Lessee on the date hereof the sum of £5,000.00 as a
contribution to repairs and renovation to the suspended ceiling tiles on the Ground and First
Floors of the Premises

IT IS HEREBY CERTIFIED that the transaction hereby effected does not form part of a larger
transaction or series of transactions in respect of which the amount or value or aggregate amount
or value of the consideration (other than rent) exceeds the sum of £150,000.00.

IT IS HEREBY CERTIFIED that there is no Agreement for Lease to which this Lease gives effect

IN WITNESS whereof the parties hereto have executed these presents the day and year first before
written

	 	 	 	 	 
	EXECUTED as a Deed by the said
	 	 	)	 
	SPHERION TECHNOLOGY (UK) LIMITED)
acting by:-
	 	 	)	 
	   Director /s/ R. Krause

	   Director /s/ Lisalglesn

	EXECUTED as a Deed by the said
	 	 	)	 
	CTI DATA SOLUTIONS LIMITED
	 	 	)	 
	acting by:-
	 	 	)	 
	   Director /s/ A. Burt

	   Secretary /s/ C. Lewis

3EX-10.2

EXHIBIT 10.2

Dated 28 January 2000

INTERIM TECHNOLOGY (UK) LIMITED (1)

-and-

CTI DATA SOLUTIONS LIMITED (2)

     

AGREEMENT FOR LEASE

-of-

Ground first and second floors Nordic House

120 High Street Purley Surrey

     

Bracher Rawlins

180 Fleet Street

London EC4A 2HG

Tel: 020 7404 9400

Fax: 020 7404 9401

THIS AGREEMENT is made the 28 day of January, 2000

BETWEEN

	 	(1)	 	The Landlord INTERIM TECHNOLOGY (UK) LIMITED whose registered office is at 29 Queen Anne’s
Gate London SW1H 9BU

(2) The Tenant CTI DATA SOLUTIONS LIMITED of 854 Brighton Road Purley Surrey CR8 2LZ

IT IS AGREED as follows:

1. Interpretation

	 	 	 	 	 
	1.1	 	In this Agreement the following words and expressions have the following meanings:

	 
	 	 	 	 
	
 
	 	Ancillary Deed
	 	a deed in the form of the draft annexed hereto

Landlord’s Solicitors Bracher Rawlins of 180 Fleet Street London EC4A 2HG (ref: JG)

	 	 	 	Property the ground first and second floors of the building known as Nordic House 120 High
Street Purley Surrey being the premises comprised in the Superior Lease

Rent Deposit Deed a rent deposit deed in the form of the draft annexed hereto

Standard Conditions the Standard Conditions of Sale (3rd Edition)

Superior Landlord the landlord under the Superior Lease (currently Conifercourt Limited)

	 	 	 	Superior Lease a lease dated 4 April 1989 made between Conifercourt Limited (1) G N Elmi
Limited (2) and G N Elmi a.s.

Underlease an underlease of the Property in the form of the draft annexed hereto

1.2 The headings to the Clauses shall not affect the construction of this Agreement

	 	1.3	 	In this Agreement words importing one gender shall be construed as importing any other gender
and any reference to a Clause or Schedule shall be construed as a reference to a clause or
Schedule of this Agreement

2. Agreement for grant of Underlease

	 	2.1	 	The Landlord will grant and the Tenant will take a lease of the Property which will be in the
form of the Underlease

	 	2.3	 	The Underlease will be completed within five working days of the satisfaction of the
conditions in clause 4 and the date to be inserted in clause 2 of the Underlease as the
commencement date of the 5 year term shall be the date referred to in clause 8.1 of this
Agreement as the commencement date of the licence to occupy thereby granted.

	 	2.4	 	The parties will enter into the Ancillary Deed simultaneously with completion of the
Underlease

	 	2.5	 	The Tenant will pay to the Landlord’s Solicitors on the date hereof the rent deposit money of
£11,250 referred to in the Rent Deposit Deed to be held by them on the terms of the Rent
Deposit Deed as if the same had been completed and the Rent Deposit Deed will be completed
simultaneously with completion of the Underlease

3. Standard Conditions of Sale

3.1 This Agreement incorporates the Standard Conditions

	 	3.2	 	Terms used or defined in this Agreement have the same meaning when used in the Standard
Conditions but references to “the seller” and “the buyer” in the Standard Conditions shall
where the context so admits be construed as references to the Landlord and the Tenant
respectively

	 	3.3	 	Where there is a conflict between the Standard Conditions and this Agreement this Agreement
prevails.

4. Conditions

	 	 	 	 	 	 	 
	4.1	 	Completion of this Agreement is conditional on:
	 
	 	 	 	 	 	 
	
 
	 	 	4.1.1	 	 	the consent of the Superior Landlord for the grant of the Underlease and

4.1.2 the issue of a Court Order authorising the agreement contained in clause 7 of the

Underlease that the provisions of sections 24 to 28 (inclusive) of the Landlord
and Tenant Act 1954 shall not apply to the Underlease

	 	4.2	 	If the conditions in clause 4.1 are not satisfied by 28 April 2000 then either party shall be
entitled at any time thereafter (but not after the conditions are satisfied) to rescind this
Agreement by notice in writing to that effect to the other of them

5. Superior Landlord’s Consent

	 	5.1	 	The Landlord will use all reasonable endeavours (but without being required to make any
payment to the Superior Landlord other than its solicitors’ and surveyors’ costs) to obtain
the consent of the Superior Landlord for the grant of the Underlease as soon as reasonably
possible

	 	5.2	 	The Tenant will provide all such information and references as are reasonably required to
enable the Landlord to obtain such consent and will give such covenants to the Superior
Landlord as the Superior Landlord may reasonably require as a condition of giving its consent

6. Court Order

The Landlord and the Tenant shall forthwith following the date hereof apply to the Mayor’s
and City of London Court for the Court Order referred to in clause 4.1.2 and will use all
reasonable endeavours to obtain the same as soon as reasonably possible

7. Vacant Possession

Subject to the provisions of clause 8 of this Agreement the Underlease will be granted with
vacant possession on completion

8. Licence to Occupy

	 	8.1	 	The Landlord gives the Tenant licence to occupy the Property on the terms provided for in
this clause from 28 January 2000 until the date which is three months thereafter or (if
earlier) until completion of the Underlease

8.2 The Tenant will pay to the Landlord:

	 	(i)	 	on the date hereof a licence fee of £11, 250 which if the licence granted by
this clause 8 is terminated other than by completion of the Underlease will be treated
as a licence fee at an annual rate of £45,000 for the period of the Tenant’s
occupation and if the Underlease is completed will be treated as the payment referred
to in clause 2.1 of the Ancillary Deed and

	 	(ii)	 	a further licence fee equal to and payable at the same times and in the same
manner as the payments (other than the principal rent) payable by the Tenant under the
Underlease as if the same had been completed

	 	8.3	 	Until actual completion of the Underlease the Tenant will have no estate right or interest in
the Property other than as bare licensee

	 	8.4	 	During the period of the licence the Tenant shall be deemed to be subject to and will comply
with the same exceptions covenants conditions and provisions as are contained in the
Underlease so far as they are not inconsistent with the terms of this Agreement

	 	8.5	 	The Landlord shall be entitled to terminate the licence granted by this clause 8 at any time
on notice in writing to the Tenant if the Superior Landlord refuses consent for the grant of
the Underlease

	 	8.6	 	If the licence granted by this clause 8 is terminated at any time prior to the end of the
period referred to in clause 8.1 the landlord shall repay to the tenant such part of the
licence fee as shall be attributable to the period following such termination apportioned on a
daily basis

9. Agreement non-assignable

This Agreement is personal to the Tenant and is non-assignable

10. Agreement to remain in full force and effect

Notwithstanding completion of the Underlease this Agreement shall remain in full force and
effect so far as anything contained or referred to in this Agreement remains to be
implemented.

11. Schedule of Condition

The Landlord and the Tenant shall as soon as shall be practicable after the date hereof
appoint surveyors for the purposes of preparing and agreeing a schedule of condition
evidencing the state and condition of repair of the Property and the parties will act in the
good faith in seeking to agree such a schedule and the schedule of condition so prepared
shall be annexed to the Underlease and shall represent the schedule of condition referred to
therein.

SIGNED by B. Rawlins

for and on behalf of

INTERIM TECHNOLOGY (UK) LIMITED

SIGNED by /s/ A. Burt

for and on behalf of

CTI Data Solutions Limited

CTI DATA SOULTUONS LIMITED

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