Document:

Converted by EDGARwiz

Exhibit 10.14

Addendum to patronage contract (guarantee agreement)

of July 16, 2012

between

Josef Mettler, Bachtelstrasse 20, 8808 Pfäffikon

Hans Rigendinger, Hartbertstrasse 11, 7000 Chur

Max Rössler, Aeschi 4, 6052 Hergiswil

Zypam Ltd. 35a Jasmine Court, Regent St, Belize City, Belize

hereinafter referred to as "guarantors"

and

SunVesta Holding AG, Seestrasse 97, 8942 Oberrieden

hereinafter referred to as "beneficiaries"

The Section 5, respectively § 5.1. of the patronage contract will be adjusted as follows:

5. Expiry date

5.1. This agreement is irredeemable and shall be lifted only on 31 December 2018

Oberrieden, September 22nd 2015

Oberrieden, September 22nd 2015

The guarantors:

SunVesta Holding AG

/s/ Hans Rigendinger

/s/ Hans Rigendinger

Hans Rigendinger

Hans Rigendinger

/s/ Josef Mettler

/s/ Josef Mettler

Josef Mettler

Josef Mettler

/s/ Dr. Max Rӧssler

Dr. Max. Rössler

/s/ Josef Mettler

Zypam Ltd.

represented by Josef MettlerConverted by EDGARwiz

Exhibit 10.5

Guaranty Agreement

between

Josef Mettler, Bachtelstrasse 20, CH-8808 Pfaffikon

Hans Rigendinger, Hartbertstrasse 11, CH-7000 Chur

Max Rossler, Aeschi 4, CH-6052 Hergiswil

Zypam Ltd., 35a Jasmine Court, Regent St, Belize-City, Belize

represented by Josef Mettler

hereinafter referred to as "Guarantors"

and

SunVesta Holding AG

Seestrasse 97

CH-8942 Oberrieden

hereinafter referred to as "Beneficiary"

1. Statements, declaration of intention and principle

1.1 The balance sheet of the beneficiary dated 31.12.2011 prepared on the basis of going concern

values as well as the cash flow planned as of 15th June 2012 (both documents are listed in

Appendix A for this Agreement) show a capital requirement that is not yet secured at the present

time which has to be covered at any time up to the date when the whole project financing is

secured (construction loan) "Paradisus Papagayo Bay".

1.2 The guarantors are together majority shareholders or principal lenders of the beneficiary and

since the establishment of the beneficiary they have covered the capital requirements that have

arisen. With regard to this and in the endeavour to guarantee cover to creditors of the beneficiary

and for the purpose of ensuring the capital requirement of the beneficiary up to the time of

securing the whole project finance "Paradisus Papagayo Bay" this Guarantee Agreement

(hereinafter referred to as "Agreement") is concluded.

2. Guarantee performance

2.1 The guarantors undertake, irrespective of the validity and legal effectiveness of any further

contracts concluded between them and the beneficiaries and agreeing to waive any right to

objections and arguments from the same, irrevocably, to pay to the beneficiary upon the first

written payment demand, within 30 days from receipt of the demand, the amount necessary to

guarantee the cover mentioned under §1.

2.2 Recourse to this guarantee shall be deemed to have taken place if the written payment

demand is in the possession of the guarantors.

1

3. Further duties of the guarantors

3.1  The  guarantors  shall  inform  the  company  immediately  if  they  are  no  longer  able  to  fulfill  their

obligations in accordance with this Agreement.

3.2 During the period of this Agreement the guarantors shall refrain from selling, encumbering or

decreasing their current equity holding in the beneficiary. In the same way the liabilities of the

beneficiary in relation to the guarantors shall not be paid off during the period of this Agreement.

The guarantors shall refrain from assigning to third parties any claims they have in relation to the

beneficiary.

3.3 All claims of the guarantors in relation to the beneficiary based on the provision of guarantee

payments to the beneficiary or the latter's creditors shall count in full as subordinated in rank as

defined by Art. 725 OR (code of obligations).

The parties relinquish all rights of offsetting and retention in relation to each other.

4. Assignability

A party is not permitted to transfer or assign to third parties individual rights or all rights of this

Agreement without the prior written consent of the other party. Any transfer or assignment

without such consent shall be invalid.

5. Period of validity

5.1 Notice of termination cannot be issued for this Agreement. It may be cancelled only if the

beneficiary has succeeded in securing the project finance (construction loan) for the project

"Paradisus Papagayo Bay".

6. Approval, credit standing

6.1 This Agreement has been approved by the board of directors of the beneficiary in

acknowledgement of the credit standing of the guarantors.

7. Final provisions

7.1 This Agreement contains the whole contractual intention of the parties concluding the

contract and it replaces all previous written and verbal agreements between the parties relating to

this matter.

7.2 If a party makes no use or only partial use of their right under this Agreement, this shall not

signify a general relinquishment of the entitlement to assert such rights.

7.3 Changes and additions to this Agreement, including this provision, shall require written form

and the consent and signature of both parties.

2

7.4 If individual provisions of this Agreement are or become invalid, this shall not affect the

validity or effectiveness of the other provisions of the Agreement. The parties undertake to

replace the invalid or ineffective provision with a valid and effective regulation that comes as

close as possible to the sense and purpose of the invalid or ineffective provisions. The same shall

apply, mutatis mutandis, for gaps in the contract.

8. Applicable law and place of jurisdiction

8.1 This Agreement shall be subject to Swiss law with exclusion of any rules concerning conflicts

of laws such as international private law.

8.2 The courts of law at the registered office of the debtor shall have exclusive jurisdiction for

judgment on all disputes from or in connection with this Agreement – including any that relate to

the question of formation of this Agreement or its validity.

City, date:

City, date:

Oberrieden, 16th July 2012

Oberrieden, 16th July 2012

The Guarantors:

SunVesta Holding AG

/s/ Hans Rigendinger

/s/ Hans Rigendinger

Hans Rigendinger

Hans Rigendinger

/s/ Josef Mettler

/s/ Josef Mettler

Josef Mettler

Josef Mettler

/s/ Max Rössler

Max Rössler

/s/ Josef Mettler

Zypam Ltd.

represented by Josef Mettler

3Exhibit 101 Milpitas Lease 12222015

		
			FIRST AMENDMENT TO LEASE
		

		
			THIS FIRST AMENDMENT TO LEASE (“First Amendment”) is entered into as of December 22, 2015, by and between SPUS6 MURPHY CROSSING, LP, a Delaware limited partnership (“Landlord”) and INTERSIL CORPORATION, a Delaware corporation (“Tenant”), with reference to the following facts:
		

		
			A.Landlord (as successor in interest to MRTP, LLC, a Delaware limited liability company) and Tenant are parties to that certain Office Lease dated as of March 1, 2010 (the “Lease”) (the “Lease”), pursuant to which Landlord leases to Tenant the following: all of the rentable area of the Building 3, located at 1001 Murphy Ranch Road in Milpitas, California, consisting of approximately 64,717 rentable square feet (the “Building 3 Premises”); all of the rentable area of Building 4, located at 933 Murphy Ranch Road in Milpitas, California, consisting of approximately 61,502 rentable square feet (the “Building 4 Premises”); and a portion of the rentable area of Building 5, located at 915 Murphy Ranch Road, consisting of approximately 19,530 rentable square feet (the “Building 5 Premises”), all located in that certain Project currently known as Murphy Crossing and as more particularly described in the Lease.  The Building 3 Premises, the Building 4 Premises and the Building 5 Premises are collectively referred to in this First Amendment as the “Original Premises”.
		

		
			B.Tenant does not currently occupy the Building 5 Premises, and Landlord desires to lease the Building 5 Premises to a third party.  Accordingly, Landlord and Tenant have agreed upon the surrender by Tenant to Landlord of the Building 5 Premises on the following terms and conditions.  The Original Premises, less the Building 5 Premises, is referred to herein as the “Remaining Portion of the Original Premises”.
		

		
			C.The Lease by its terms expires on February 29, 2020 (“Current Expiration Date”), and the parties desire to extend the Term of the Lease, all on the following terms and conditions.
		

		
			NOW, THEREFORE,  in consideration of the above recitals which by this reference are incorporated herein, the mutual covenants and conditions contained herein and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows:
		

		
			1.Reduction and Vacation.
		

		
			a)Effective retroactive to November 30, 2015 (the “Reduction Effective Date”), the Premises is decreased from 145,749 rentable square feet consisting of the Building 3 Premises, the Building 4 Premises and the Building 5 Premises to 126,219 rentable square feet consisting of the Building 3 Premises and the Building 4 Premises, by the elimination of the Building 5 Premises.  As of the Building 5 Premises Vacation Date, (i) the Building 5 Premises shall be deemed surrendered by Tenant to Landlord, (ii) except to the extent set forth in Section 1(b) below, the Lease shall be terminated with respect to the Building 5 Premises, and (iii) the “Premises”, as defined in the Lease, shall mean the Remaining Portion of the Original Premises.  
		

		 

 

		
			b)Tenant shall have a period of thirty (30) days after the Reduction Effective Date (i.e., on or before December 30, 2015) to vacate the Building 5 Premises in accordance with the terms of the Lease (the “Building 5 Premises Vacation Date”).  Tenant shall fully comply with all obligations under the Lease respecting the Building 5 Premises up to and including the Building 5 Premises Vacation Date, other than the payment of Monthly Rent or Tenant’s Share of Expenses with respect to the Building 5 Premises, but including, without limitation, those provisions relating to the condition of the Building 5 Premises and the removal of Tenant’s property from the Building 5 Premises.  Tenant’s removal requirements with respect to the Building 5 Premises are limited to all fitness equipment, cubicles, furniture and other personal property.  Tenant, at its option, may remove its security system from the Building 5 Premises.
		

		
			c)If Tenant shall holdover in the Building 5 Premises beyond the day immediately preceding the Building 5 Premises Vacation Date, Tenant shall be liable for Monthly Rent and Additional Rent respecting the Building 5 Premises equal to twice the amount in effect under the Lease as of the period immediately prior to the Reduction Effective Date, prorated on a per diem basis.  Such holdover amount shall not be in limitation of Tenant’s liability for consequential or other damages arising from Tenant’s holding over nor shall it be deemed permission for Tenant to holdover in the Building 5 Premises.
		

		
			2.Extension.  The Term is hereby extended for a period of thirty-nine (39) months and shall expire on May 31, 2023 (the “Extended Expiration Date”), unless sooner terminated in accordance with the terms of the Lease.  That portion of the term of the Lease commencing the day immediately following the Current Expiration Date (“Extension Date”) and ending on the Extended Expiration Date shall be referred to herein as the “Extended Term”, and unless the context clearly provides otherwise, from and after the Extension Date, references in the Lease to the “Term” shall be deemed to include the Extended Term, and references in the Lease to the “Expiration Date” shall mean the Extended Expiration Date.  
		

		
			3.Monthly Rent.    
		

		
			a)Retroactively from December 1, 2015 through and including the Extended Term, and with respect to the Remaining Portion of the Premises, the schedule of Monthly Rent set forth in Schedule 1 to the Lease is deleted, and the following is substituted therefor:
		

		 

 

			
					
						Months of Term or Period

					
					
						Monthly Rent

				
	
					
						December 1, 2015 - balance of Rent Year 6

					
					
						$172,660.45

				
	
					
						Rent Year 7

					
					
						$177,840.26

				
	
					
						Rent Year 8

					
					
						$183,175.47

				
	
					
						Rent Year 9

					
					
						$188,670.73

				
	
					
						Rent Year 10

					
					
						$194,330.86

				
	
					
						Rent Year 11

					
					
						$236,029.53

				
	
					
						Rent Year 12

					
					
						$243,602.67

				
	
					
						Rent Year 13

					
					
						$249,913.62

				
	
					
						March 1, 2023 - May 31, 2023

					
					
						$257,486.76

				

		
			 
		

		
			All such Monthly Rent shall be payable by Tenant in accordance with the terms of the Lease.
		

		
			4.Additional Consideration.  As additional consideration for the early vacation of the Building 5 Premises, Tenant agrees to pay to Landlord, on or before January 11, 2016, a one-time payment in the amount of $507,698.00.
		

		
			5.Tenant’s Share.  For the period commencing on the Reduction Effective Date and ending on the Extended Expiration Date, Tenant shall no longer be responsible for the payment of Tenant’s Share of Expenses with respect to the Building 5 Premises.  Notwithstanding anything in this First Amendment to the contrary, Tenant shall remain liable for all year-end adjustments with respect to Tenant’s Share of Expenses applicable to the Building 5 Premises for that portion of the calendar year preceding the Reduction Effective Date.  Such adjustments shall be paid at the time, in the manner and otherwise in accordance with the terms of the Lease, unless otherwise specified herein.
		

		
			6.Representations.  Each party represents to the other that it has full power and authority to execute this First Amendment.  Tenant represents that it has not made any assignment, sublease, transfer, or conveyance of the Lease or any interest therein or in the Building 5 Premises and further represents that there is not and will not hereafter be any claim, demand, obligation, liability, action or cause of action by any other party respecting, relating to or arising out of any assignment, sublease, transfer or conveyance of any interest in the Building 5 Premises, and Tenant agrees to indemnify and hold harmless Landlord from all liabilities, expenses, claims, demands, judgments, damages or costs arising from any of the same, including without limitation, attorneys’ fees.  Tenant acknowledges that Landlord will be relying on this First Amendment in entering into leases for the Building 5 Premises with other parties.
		

		
			7.Renewal Option; Right of First Offer.  Notwithstanding the extension of the Term as provided in this First Amendment, Tenant shall retain its Renewal Option as set forth in 
		

		 

 

		Article 31 of the Lease, provided that references in Article 31 to the expiration of the initial Term shall be deemed to refer to the expiration of the Extended Term, as defined in this First Amendment.  Article 32 of the Lease, concerning Tenant’s right of first offer with respect to space on the fifth (5th) floor of Building 5, is hereby deleted in its entirety.
		

		
			8.Miscellaneous.
		

		
			a)This First Amendment and the attached exhibits, which are hereby incorporated into and made a part of this First Amendment, set forth the entire agreement between the parties with respect to the matters set forth herein.  There have been no additional oral or written representations or agreements.
		

		
			b)Except as herein modified or amended, the provisions, conditions and terms of the Lease shall remain unchanged and in full force and effect.
		

		
			c)In the case of any inconsistency between the provisions of the Lease and this First Amendment, the provisions of this First Amendment shall govern and control.
		

		
			d)Submission of this First Amendment by Landlord is not an offer to enter into this First Amendment but rather is a solicitation for such an offer by Tenant.  Landlord shall not be bound by this First Amendment until Landlord has executed and delivered the same to Tenant.
		

		
			e)The capitalized terms used in this First Amendment shall have the same definitions as set forth in the Lease to the extent that such capitalized terms are defined therein and not redefined in this First Amendment.
		

		
			f)Tenant hereby represents to Landlord that Tenant has dealt with no broker in connection with this First Amendment, other than Kidder Mathews and Cresa (collectively, “Tenant’s Brokers”).  Tenant agrees to defend, indemnify and hold Landlord harmless from all claims of any brokers other than Tenant’s Brokers claiming to have represented Tenant in connection with this First Amendment.  Landlord hereby represents to Tenant that Landlord has dealt with no broker in connection with this First Amendment, other than CBRE, Inc.  Landlord agrees to defend, indemnify and hold Tenant harmless from all claims of any brokers claiming to have represented Landlord in connection with this First Amendment.
		

		
			g)Each signatory of this First Amendment represents hereby that he or she has the authority to execute and deliver the same on behalf of the party hereto for which such signatory is acting.
		

		
			h)The Premises have not undergone an inspection by a Certified Access Specialist (CASp).  This notice is given pursuant to California Civil Code Section 1938.
		

		
			i)Tenant represents and warrants to Landlord that Tenant is currently in compliance with and shall at all times through and including the Extended Expiration Date (including any extension thereof), remain in compliance with the regulations of the Office of Foreign Asset Control (“OFAC”) of the Department of the Treasury (including those named on OFAC’s Specially Designated and Blocked Persons List) and any statute, executive order 
		

		 

 

		(including the September 24, 2001, Executive Order Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism), or other governmental action relating thereto.
		

		
			j)This First Amendment may be executed in multiple counterparts each of which is deemed an original but together constitute one and the same instrument.  This First Amendment may be executed in so-called “pdf” format and each party has the right to rely upon a pdf counterpart of this First Amendment signed by the other party to the same extent as if such party had received an original counterpart.
		

		
			[SIGNATURES ARE ON THE FOLLOWING PAGE]
		

		

		

		 

 

		IN WITNESS WHEREOF, Landlord and Tenant have duly executed this First Amendment as of the day and year first above written.
		

		
			 
		

		
			LANDLORD:
		

		
			 
		

		
			SPUS6 MURPHY CROSSING, LP
		

		
			a Delaware limited partnership
		

		
			 
		

			
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Ming J. Lee

				
	
					
						Name:

					
					
						Ming J. Lee

				
	
					
						Title:

					
					
						Vice President

				

		
			 
		

			
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Michael Burrichter

				
	
					
						Name:

					
					
						Michael Burrichter 

				
	
					
						Title:

					
					
						Vice President

				

		
			 
		

		
			TENANT:
		

		
			 
		

		
			INTERSIL CORPORATION,
a Delaware corporation
		

		
			 
		

			
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ Andrew Micallef

				
	
					
						Name:

					
					
						Andrew Micallef 

				
	
					
						Title:

					
					
						SVP Operations 

				

		
			 
		

		

		

		 

 

		Certificate of Tenant
		

		
			(If a Corporation or Partnership)
		

		
			 
		

		
			I, Andrew S. Hughes, Secretary of Intersil Corporation, a Delaware corporation, hereby certify that the officer executing the foregoing First Amendment to Lease on behalf of Tenant is duly authorized to act on behalf of and bind the Tenant.
		

		
			 
		

		
			(Corporate Seal)
		

		
			 
		

			
					
						 

					
					
						 

				
	
					
						 

					
					
						/s/ Andrew S. Hughes

				
	
					
						Name:

					
					
						Andrew S. Hughes

				
	
					
						Date:

					
					
						December 22, 2015

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