Document:

EXHIBIT 10.17

ACKNOWLEDGMENT, CONSENT

  AND REAFFIRMATION OF GUARANTOR OF LEASE

     THIS ACKNOWLEDGMENT, CONSENT AND REAFFIRMATION OF GUARANTOR OF LEASE (the “Consent”), is made this 3rd day of June, 2008, by PREMIERE GLOBAL SERVICES, INC. (“Guarantor”), to and for the
benefit of 3280 PEACHTREE I LLC (“Landlord”).

WITNESSETH:

     WHEREAS, Guarantor did duly execute and deliver that certain Guaranty of Lease (the “Original Guaranty”), on October 28, 2005, in connection with and as a material inducement for that certain Lease Agreement,
as may have been amended previously (the “Original Lease”), involving Landlord and American Teleconferencing Services, Ltd. d/b/a Premiere Global Services (“Tenant”).

     WHEREAS, Landlord and Tenant have entered into an amendment to the Original Lease (the “Lease Amendment”), dated June 3rd, 2008 subject to and conditioned upon the execution and delivery of this
Consent.

     WHEREAS, Landlord would not have entered into or agreed to the Lease Amendment, were it not for the execution and delivery of this Consent to Landlord, which Consent was a material inducement to Landlord to enter into
the Lease Amendment.

     WHEREAS, Guarantor, which will derive material and substantial benefit from the Lease Amendment, desires to provide this Consent, in connection with the Lease Amendment.

     NOW THEREFORE, for and in consideration of the mutual covenants contained herein, and for Ten and No/100 Dollars ($10.00) and other good and valuable consideration, paid by the parties hereto to one another, the
receipt and sufficiency of which are acknowledged by the parties hereto, the parties hereto hereby covenant and agree as follows:

     1. Amendment to Lease. Guarantor hereby acknowledges and consents to the fact that the Original Lease has been modified and amended by virtue of the Lease Amendment.

     2. No Modification. The granting of this Consent by Guarantor to Landlord and Tenant in no way modifies or amends the Guaranty or any Guarantor’s obligations and duties under the Guaranty. Said Guaranty is and
shall remain in full force and effect and is a valid and continuing obligation of Guarantor according to its terms.

     3. Warranties and Representations. The warranties and representations made by Guarantor in the Guaranty are made and ratified as of the date hereof with respect to this Consent.

     4. No Further Consent Required. The request made by Landlord herein and the giving of this Consent by Guarantor shall in no way be or be deemed to be a waiver of Landlord’s rights under the Guaranty.

     5. Binding Nature. This Consent shall inure to the benefit of Landlord, Tenant and their respective heirs, legal representatives, successors and assigns.

     6. Georgia Law. This Consent has been given, and shall be construed under, the laws of the State of Georgia.

     IN WITNESS WHEREOF, the undersigned have caused this Consent to be executed under seal and delivered on the day and year first above written.

	   	
“Guarantor”
        
	 	 	 
	 	
PREMIERE GLOBAL SERVICES, INC.
        
	 	 	 
	 	 	 
	 	By:	
 /s/ Scott Askins Leonard
      

        
	 	Its:	
 SVP-LegalEXHIBIT 10.18

FIRST AMENDMENT TO LEASE AGREEMENT

     THIS FIRST AMENDMENT TO LEASE AGREEMENT (the “First Amendment”), is made this 14th day of July, 2006, by 3280 PEACHTREE I LLC (as “Landlord”) and XPEDITE SYSTEMS, LLC, D/B/A PREMIERE GLOBAL SERVICES (as “Tenant”).

W I T N E S S E T H:

     WHEREAS, Landlord and Tenant did enter into that certain Lease Agreement, dated as of October 28, 2005 (the “Original Lease”), for space in that certain building known as “Terminus 100”, located at 3280 Peachtree Road, Atlanta, Georgia (the “Building”), as such space is more particularly described in the Original Lease (the “Demised Premises”).

     WHEREAS, Landlord and Tenant desire to modify and amend the Original Lease, in the manner and for the purposes herein set forth.

     NOW, THEREFOR, for and in consideration of the mutual premises, and for Ten and No/100 Dollars ($10.00) and other good and valuable consideration, paid by the parties hereto to one another, the receipt and sufficiency of which are acknowledged by the parties hereto, the parties hereto hereby covenant and agree as follows:

     1. Defined Terms. All capitalized terms not defined herein shall have the same meaning as set forth in the Original Lease.

     2. Construction Matters. Notwithstanding the terms of the Original Lease, Tenant has instructed that Landlord select and use, and Landlord shall select and use, as the general contractor for performing tenant finish work in the Demised Premises, Humphries and Company General Contractors (“Humphries”). Landlord, upon the direction and at the request of Tenant, will not bid such work, as required under the Original Lease, to any other contractor. Once Humphries has provided a final price for the tenant finish work for the Demised Premises, Landlord shall provide such price to Tenant, for Tenant’s approval.

     3. No Other Modifications. Except as expressly modified herein, the Original Lease shall remain in full force and effect and, as modified herein, is expressly ratified and confirmed by the parties hereto.

     4. Legal Representatives, Successors and Assigns. This First Amendment shall be binding upon and shall inure to the benefit of Landlord and Tenant and their respective legal representatives, successors and assigns.

     5. Georgia Law. This First Amendment shall be construed and interpreted under the laws of the State of Georgia.

     6. Time of Essence. Time is of the essence of this First Amendment.

     7. Consent of Guarantor. Tenant shall cause the guarantor of the Original Lease to execute and deliver to Landlord the Acknowledgement and Consent of Guarantor, attached hereto as Exhibit “B”, by this reference incorporated herein, with the execution and delivery of this First Amendment. The delivery of this document is a material inducement to Landlord, without which Landlord would not have executed and delivered this First Amendment.

     IN WITNESS WHEREOF, the parties have hereunto set their hands and seals as of the day, month and year first above written.

	 	“LANDLORD”: 
	 	 
	 	3280 PEACHTREE I LLC, 
	 	a Georgia limited liability company 
	 	 	 
	  	By: 	Cousins Properties Incorporated, 
	  	  	a Georgia corporation, 
	  	  	managing member 
	 	 	 	 
	  	  	By: 	/s/ John S. McCall
      

    
	  	  	Its: 	
      SVP
        

      

    
	 	 	 	 
	 	 	 	
      (CORPORATE SEAL) 

    

 

	 	“TENANT”: 
	 	 
	 	XPEDITE SYSTEMS, LLC D/B/A PREMIERE GLOBAL 
	 	SERVICES 
	 	 	 
	 	By: 	
      /s/ Michael Havener
        

      

    
	 	Name: 	
      Michael Havener
        

      

    
	 	Title: 	
      CFO
        

      

    
	 	 	
      

    
	 	Attest:	
      /s/ Nicole M. Kamen
        

      

    
	 	Name: 	
      Nicole M. Kamen
        

      

    
	 	Title: 	
      VP
        

      

    
	 	 	 
	 	 	
      (CORPORATE SEAL) 

    

2EXHIBIT 10.19

ACKNOWLEDGMENT, CONSENT

  AND REAFFIRMATION OF GUARANTOR OF LEASE

     THIS ACKNOWLEDGMENT, CONSENT AND REAFFIRMATION OF GUARANTOR OF LEASE (the “Consent’), is made this 14th day of July, 2006, by PREMIERE GLOBAL SERVICES, INC. (“Guarantor”), to and for the
benefit of 3280 PEACHTREE I LLC (“Landlord”).

W I T N E S S E T H:

     WHEREAS, Guarantor did duly execute and deliver that certain Guaranty of Lease (the “Original Guaranty”), on October 28, 2005, in connection with and as a material inducement for that certain Lease Agreement,
as may have been amended previously (the “Original Lease”), involving Landlord and Xpedite Systems, LLC d/b/a Premiere Global Services (“Tenant”).

     WHEREAS, Landlord and Tenant have entered into an amendment to the Original Lease (the “Lease Amendment”), dated July 14, 2006 subject to and conditioned upon the execution and delivery of this Consent.

     WHEREAS, Landlord would not have entered into or agreed to the Lease Amendment, were it not for the execution and delivery of this Consent to Landlord, which Consent was a material inducement to Landlord to enter into
the Lease Amendment.

     WHEREAS, Guarantor, which will derive material and substantial benefit from the Lease Amendment, desires to provide this Consent, in connection with the Lease Amendment.

     NOW THEREFORE, for and in consideration of the mutual covenants contained herein, and for Ten and No/100 Dollars ($10.00) and other good and valuable consideration, paid by the parties hereto to one another, the
receipt and sufficiency of which are acknowledged by the parties hereto, the parties hereto hereby covenant and agree as follows:

     1. Amendment to Lease. Guarantor hereby acknowledges and consents to the fact that the Original Lease has been modified and amended by virtue of the Lease Amendment.

     2. No Modification. The granting of this Consent by Guarantor to Landlord and Tenant in no way modifies or amends the Guaranty or any Guarantor’s obligations and duties under the Guaranty. Said Guaranty is
and shall remain in full force and effect and is a valid and continuing obligation of Guarantor according to its terms.

     3. Warranties and Representations. The warranties and representations made by Guarantor in the Guaranty are made and ratified as of the date hereof with respect to this Consent.

     4. No Further Consent Required. The request made by Landlord herein and the giving of this Consent by Guarantor shall in no way be or be deemed to be a waiver of Landlord’s rights under the Guaranty.

     5. Binding Nature. This Consent shall inure to the benefit of Landlord, Tenant and their respective heirs, legal representatives, successors and assigns.

     6. Georgia Law. This Consent has been given, and shall be construed under, the laws of the State of Georgia.

     IN WITNESS WHEREOF, the undersigned have caused this Consent to be executed under seal and delivered on the day and year first above written.

	   	“Guarantor”
        
	 	 
	 	
PREMIERE GLOBAL SERVICES, INC.
        
	 	 	 
	 	By: 	
/s/ Michael Havener
      

              
	 	Its:	
 CFO

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00146-of-00352.parquet"}]]