Document:

Termination of Lease Agreement between Onvia and Blume Yale Limited Partnership

    Exhibit
      10.14

    TERMINATION
      OF LEASE AGREEMENT

    

    

    THIS
      TERMINATION OF LEASE AGREEMENT (this
      “Agreement”),
      is
      made as of this 27th
      day of
      July, 2007 by and between BLUME
      YALE LIMITED PARTNERSHIP, a Washington
      limited partnership (hereinafter referred to as “Landlord”)
      and
ONVIA,
      INC.,
      a
      Delaware corporation, f/k/a Onvia.com, Inc., a Washington corporation
      (hereinafter referred to as “Onvia”
or
      “Tenant”).
      The
      recitals that follow incorporate the terms defined in Section
      1
      of this
      Agreement. 

    

    RECITALS

    

    Whereas,
      Landlord and Tenant entered into the Onvia Lease; and 

    

    Whereas,
      Landlord, Tenant and Foundation are, of even date herewith, executing a certain
      Stage III Tri-Party Agreement (“Stage
      III Tri-Party Agreement”)
      providing for the simultaneous (i) termination of the Onvia Lease and (ii)
      amendment of an existing lease between Landlord and Foundation to cause the
      Onvia Space to be leased by Foundation under the terms of said lease, subject
      to
      the terms and conditions as more specifically set forth in the Stage III
      Tri-Party Agreement; and

    

    Whereas,
      Landlord and Tenant desire to terminate the Onvia Lease, subject to the terms
      and conditions as more specifically set forth below and in the Stage III
      Tri-Party Agreement.

    

    Now,
      therefore,
      in
      consideration of the mutual covenants contained herein and other valuable
      consideration, the adequacy and receipt of which is hereby acknowledged, the
      parties hereby mutually agree to modify and terminate the Onvia Lease as
      follows:

    

    1. Definitions.
      The
      terms “Stage
      III Transition Notice”,
      “Stage
      III Transition Date”,
      “Onvia
      Lease”,
      “Foundation”,
      “Foundation
      Lease”,
      “Stage
      III Collateral
      Agreements”
and
      “Onvia
      Space”
have
      the meanings set forth in the Stage III Tri-Party Agreement. 

    

    2. Effect
      of Delivery of Transition Notice.
      Upon the
      delivery of a valid Stage III Transition Notice in accordance with the Stage
      III
      Tri-Party Agreement, the Onvia Lease shall terminate on the Stage III Transition
      Date specified in the Stage III Transition Notice, as if the Stage III
      Transition Date had originally been identified as the “Termination Date” under
      Section 3.1 of the Onvia Lease and as the last day of the “Lease Term” as
      defined in the Onvia Lease. 

    

    3. Conditions
      in Stage III Tri-Party Agreement.
      Reference is made to the Stage III Tri-Party Agreement, including Section 3
      thereof, for conditions to the effectiveness of this Agreement, including the
      absence of default under the Onvia Lease and Foundation

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    Lease
      as
      of the delivery of the Stage III Transition Notice and the Stage III Transition
      Date, the delivery of a valid Stage III Transition Notice, and the delivery
      to
      Onvia of notice from Landlord that Landlord’s lender has consented to the
      transactions contemplated by the Stage III Collateral Agreements. 

    

    4. Rent
      and Letter of Credit. 

    

    4.1 Rent.
      Any Rent
      paid by Onvia for period(s) subsequent to the Stage III Transition Date shall
      be
      reconciled between Onvia and Foundation as set forth in the Stage III Tri-Party
      Agreement. Each party shall retain their respective rights and obligations
      with
      respect to additional rent due or payable under the Onvia Lease prior to the
      Stage III Transition Date (including rights to payments following reconciliation
      or operating costs and/or real estate tax payment amounts, if any).

    

    4.2 Letter
      of Credit.
      Provided
      Onvia has satisfied its obligations hereunder and under Section
      7
      below in
      particular, Landlord shall return the letter of credit held by Landlord under
      Paragraph 7 of Exhibit E of the Onvia Lease within three (3) business days
      of
      the Stage III Transition Date. 

    

    5. Surrender
      of Possession.
      Effective as of the Stage III Transition Date, Tenant hereby releases and
      surrenders to Landlord, its successors and assigns, the Onvia Space and all
      rights and interest and any and all improvements in non-trade fixtures Tenant
      may have thereunder.

    

    6. Acceptance
      of Surrender.
      Landlord, for itself and its successors and assigns, accepts the surrender
      of
      the Onvia Space and the termination of the Onvia Lease from and after the Stage
      III Transition Date on the terms and conditions set forth in Section
      2
      of this
      Agreement and the Onvia Lease. 

    

    7. Condition
      of Onvia Space on Surrender; Removal of Signs. 

    

    7.1 Onvia
      Space.
      Notwithstanding anything to the contrary set forth in the Onvia Lease, Tenant
      shall have no duty or obligation to remove any improvements, cabling or wiring
      installed in the Onvia Space, nor repair or restore the Onvia Space upon
      termination of the Onvia Lease, it being the understanding of Landlord, Onvia
      and Foundation that the Onvia Space shall be surrendered to Landlord by Tenant
      in their then current “as is” condition. Onvia’s obligations obligations to
      Foundation regarding the condition of the Onvia Space shall be the subject
      matter of a separate agreement between Foundation and Onvia.

    

    7.2 Signs.
      Not
      later than ten (10) business days prior to the Stage III Transition Date, Onvia
      shall remove the signs on the Building installed by or for the benefit of Onvia
      and repair the surface of the Building to its original condition at Onvia’s
      expense. In the event Onvia fails to do so, or if Landlord incurs any expense
      in
      restoring the surface of the Building, Onvia shall remit to Landlord such costs
      as shall be incurred by Landlord upon submission of Landlord’s invoice for same.

    
      
        
        

      

      
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    8. Commissions.
      Each
      party hereto represents and warrants to the other party that there are no
      broker’s commissions due any broker employed or representing such party with
      respect to this Agreement and each party agrees to indemnify and hold harmless
      the other party from and against any such claims for commissions arising by
      or
      through the actions of the indemnifying party. Each party hereto hereby
      represents and warrants that it is authorized to enter into this Agreement
      and
      perform its obligations hereunder. 

    

    9. Execution.
      This
      Agreement may be executed with facsimile copies, either counterpart of which,
      when fully executed, shall be considered an original and binding agreement.
      All
      notices to be delivered under this Agreement shall be delivered to the parties
      in the manner as provided in the Stage III Tri-Party Agreement. 

    

    10. Modifications;
      Amendment.
      This
      Agreement may not be orally changed or terminated, nor any of its provisions
      waived, except by an agreement in writing signed by the party against whom
      enforcement of such change, termination or waiver is sought.

    

    In
      witness whereof,
      Landlord
      and Tenant have caused this Lease Termination Agreement to be executed as of
      the
      date hereinabove written.

    

    
      	
              BLUME
                YALE LIMITED PARTNERSHIP

               

              Landlord

               

               

              By:
                _____________________________

               

              Its:
                ______________________________

            	
              ONVIA,
                INC.

               

              Tenant

               

               

              By:
                _____________________________

               

              Its:
                ______________________________

            

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    STATE
      OF
      WASHINGTON }

    }
      :ss

    COUNTY
      OF
      KING   }

    

    I
      certify
      that I know or have satisfactory evidence that the person appearing before
      me
      and making this acknowledgment is the person whose true signature appears on
      this document.

    

    On
      this
      ____ day of ____________, 2007, before me personally appeared _______________,
      to me known to be the ____________ of ONVIA, INC., the corporation that executed
      the within and foregoing instrument, and acknowledged the said instrument to
      be
      the free and voluntary act and deed of said corporation, for the uses and
      purposes therein mentioned, and on oath stated that he was authorized to execute
      said instrument and that the seal affixed, if any, is the corporate seal of
      said
      corporation.

    

    WITNESS
      my hand and official seal hereto affixed the day and year first above
      written.

    

    

    
      	
              Notary
                Public in and for the State of Washington, residing at 

              My
                commission expires: 

              [Type
                or Print Notary Name]

               

               

               

               

            

    

    

    (Use
      This
      Space for Notarial Seal Stamp)

    

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    STATE
      OF
      WASHINGTON  )

    )
      ss.

    COUNTY
      OF
      KING   )

    

    I
      certify
      that I know or have satisfactory evidence that the person appearing before
      me
      and making this acknowledgment is the person whose true signature appears on
      this document. 

    

    On
      this
      ____ day of ________________, 2007, before me personally appeared BRUCE M.
      BLUME, to me known to be the general partner of BLUME YALE LIMITED PARTNERSHIP,
      the partnership that executed the within and foregoing instrument, and
      acknowledged the said instrument to be the free and voluntary act and deed
      of
      said partnership, for the uses and purposes therein mentioned, and on oath
      stated that he was authorized to execute said instrument.

    

    WITNESS
      my hand and official seal hereto affixed the day and year first above
      written.

    

    

    
      	
              Notary
                Public in and for the State of Washington, residing at 

              My
                commission expires: 

              [Type
                or Print Notary Name]

               

               

               

               

            

    

    

    (Use
      This
      Space for Notarial Seal Stamp)Agreement between Onvia and the Bill and Melinda Gates Foundation

    Exhibit
      10.15

    AGREEMENT
      BETWEEN ONVIA, INC.

    AND
      BILL
& MELINDA GATES FOUNDATION

    

    This
      Agreement is made effective as of the 31st day of July, 2007, by and between
      Onvia, Inc. (“Onvia”) and the Bill & Melinda Gates Foundation
      (“Foundation”). Onvia and Foundation have previously entered into separate
      leases for premises in the building located at 1260 Mercer Street, in Seattle,
      WA. Onvia’s lease is dated February
      8, 2000, as amended by Amendment No. 1 to Office Lease Agreement dated January
      31, 2001 and as further amended by Amendment No. 2 to Office Lease Agreement
      dated [September 7, 2006]
      (collectively, the “Onvia Lease”), with the premises thereunder being comprised
      of a portion of the first floor, all of the rentable area on the third floor
      and
      the Plaza Building (approximately 29,785 square feet total) all as identified
      in
      the drawing attached hereto as Exhibit
      A
      (collectively the “Onvia Premises”). Foundation’s lease is dated August 30, 2006
      as amended by that certain Amendment No. 1 to Office Lease Agreement dated
      March
      9, 2007 (collectively, the “Foundation Lease”). Foundation desires to expand the
      Foundation Lease to include the Onvia Premises and Onvia is prepared to move
      from the Onvia Premises, allowing Onvia and the landlord to terminate the Onvia
      Lease to allow Foundation to add the Onvia Premises to the Foundation Lease,
      subject to the terms and conditions set forth herein. For good and valuable
      consideration, the receipt and sufficiency of which is hereby acknowledged,
      the
      parties agree as follows:

    

    1.
      Onvia
      hereby agrees to move from the Onvia Premises, subject to the conditions set
      forth herein. The parties agree that the “Transition Date” shall occur no later
      than June 1, 2008. Onvia shall provide Foundation with thirty (30) days prior
      written notice before the contemplated Transition Date. Onvia shall deliver
      the
      Onvia Premises on the transition Date in a “broom clean” condition. Onvia shall
      not be responsible to repair of “normal wear and tear” to the Onvia Premises.

    

    2.
      On a
      date that is at least ten (10) days prior to the Transition Date, but in any
      event no later than May 1, 2008, Onvia and Foundation shall jointly execute
      and
      deliver to the landlord under the Onvia Lease a letter substantially in the
      form
      attached hereto as Exhibit
      B
      (“Notice
      Letter”). Under the terms of a separate agreement (“Tri-Party Agreement”)
      entered into of even date herewith by and among Onvia, Foundation and Blume
      Mercer Limited Partnership (the “Landlord”), the delivery of the Notice Letter
      to the Landlord and Landlord’s lender’s consent to the Collateral Agreements (as
      that term is defined in the Tri-Party Agreement) will effect a termination
      of
      the Onvia Lease pursuant to a separate lease termination agreement of even
      date
      herewith entered into between Onvia and the Landlord, as well as an amendment
      to
      the Foundation Lease entered into between Foundation and the Landlord.

    

    3.
      In the
      event of a breach or default by either party hereunder, the non-defaulting
      party
      shall be entitled to specific performance. In the event either party brings
      an
      action to enforce the terms of this Agreement, the substantially prevailing
      party in such action shall be entitled to recover from the other party an award
      of its reasonable attorneys fees and costs related thereto. 

    

    4.
      The
      parties agree to cooperate in good faith and to use reasonably commercial
      efforts to timely accomplish all of the foregoing.

    

    5.
      Foundation shall be solely responsible for the payment of the
      following brokerage fees and commissions due in connection with this
      transaction (including this Agreement, the Lease Termination Agreement and
      the
      Amendment to the Foundation Lease) to both the Foundation’s broker, Kinzer Real
      Estate Services (a commission equal to $1.00 per square foot per year) and
      Onvia’s broker, The Staubach Company (a commission equal to $0.50 per square
      foot per year), with such commissions being prorated for any period shorter
      than
      one year. The commission calculations shall be based on the number of months
      from the Transition Date through April 30, 2010, which is the end of the Onvia
      Lease Term. 

    

    6.
      Rent.
      In the
      event the Transition Date is not the last day of a calendar month, Foundation
      and Onvia shall allocate between them rent (including basic rent, additional
      rent and parking) prepaid for the month in which the Transition Date occurs.
      Such allocation shall be on a prorata basis based on the number of days before
      the Transition Date and the number of days from the Transition Date through
      the
      end of the month. 

    

    7.
      All
      notices, requests and demands to be given hereunder shall be in writing, sent
      by
      (i) certified mail, return receipt requested, postage prepaid; or (ii)
      recognized overnight courier service; or (iii) by facsimile, to the parties
      at
      their respective addresses or facsimile numbers set forth below, provided,
      however, that if such notice is given by facsimile, an original counterpart
      of
      such notice shall concurrently be sent in either the manner specified in clause
      (i) or (ii) above, at the addresses set forth below.

    

    8.
      Each
      party covenants and agrees to treat this Agreement, its terms and subject matter
      as confidential, and neither party shall disclose the same to any third party
      except as may be necessary and appropriate in order to consummate the
      transactions contemplated hereunder.

    

    9.
      Foundation hereby represents and warrants to Onvia that: Foundation is duly
      organized and validly existing under the laws of the State of Washington, is
      authorized to consummate the transactions and fulfill all of its obligations
      hereunder and has all necessary power to execute and deliver this Agreement
      and
      to perform all of Foundation’s obligations hereunder; and this Agreement has
      been duly authorized by all requisite corporate action on the part of Foundation
      and are the valid and legally binding obligations of Foundation.

    

    10.
      Onvia hereby represents and warrants to Foundation that: Onvia is duly
      organized, validly existing and in good standing under the laws of the State
      of
      Delaware, is authorized to consummate the transactions and fulfill all of its
      obligations hereunder and has all necessary power to execute and deliver this
      Agreement and to perform all of Onvia’s obligations hereunder; and this
      Agreement has been duly authorized by all requisite corporate action on the
      part
      of Onvia and are the valid and legally binding obligations of
      Onvia.

    

    Signatures
      appear on the next page.

    
      
        
        

      

      
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    Dated
      as
      of the date first appearing above.

    

    ONVIA,
      INC.

    

    

    By
      _______________________________  

    Its
      _______________________________  

    Address:

    _________________________

    _________________________

    Attention:
      ________________

    Fax
      No.:
      (___) __________

    

    BILL
      & MELINDA GATES FOUNDATION

    

    

    By
      _______________________________

    Alexander
      Friedman, Chief Financial Officer

    Address:

    1551
      Eastlake Avenue East

    PO
      Box
      23350

    Seattle,
      WA 98102 

    Attention:
      Site Operations Manager

    Fax
      No.:
      (206) 709-3180

    

    

    
      
        
        

      

      
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    State
      of
      Washington

    County
      of
      King

    

    I
      certify
      that I know or have satisfactory evidence that ____________________ is the
      person who appeared before me, and said person acknowledged that (he/she) signed
      this instrument, on oath stated that (he/she) was authorized to execute the
      instrument and acknowledged it as the ______________ of Onvia, Inc. to be the
      free and voluntary act of such party for the uses and purposes mentioned in
      the
      instrument.

    

    Dated:
      ______________

    

     

    Notary
      Public

    

    [Seal
      or
      Stamp]  

    [Printed
      Name]

    My
      appointment expires __________

    

    

    State
      of
      Washington

    County
      of
      King

    

    I
      certify
      that I know or have satisfactory evidence that Cheryl Scott is the person who
      appeared before me, and said person acknowledged that she signed this
      instrument, on oath stated that she was authorized to execute the instrument
      and
      acknowledged it as the Chief Operating Officer of the Bill & Melinda Gates
      Foundation to be the free and voluntary act of such party for the uses and
      purposes mentioned in the instrument.

    

    Dated:
      ______________

    

     

    Notary
      Public

    

    [Seal
      or
      Stamp]  

    [Printed
      Name]

    My
      appointment expires __________

    

    
      
        
        

      

      
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    K:\33909\10000\CMC\CMC_A2264

    

    EXHIBIT
      A

    
      
        
        

      

      
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    EXHIBIT
      B

    

    

    ________________,
      2007

    

    The
      Blume
      Company

    1100
      NE
      45th
      Street,
      Suite 500

    Seattle,
      WA 98105

    Attn:
      Gregory G. Blume

    

    Gentlemen:

    

    This
      letter serves as Notice pursuant to that certain Stage III Tri-Party Agreement
      dated __________ __, 2007 by and between Blume Yale Limited Partnership
      (“Landlord”); Onvia, Inc. (“Onvia”); and the Bill & Melinda Gates Foundation
      (“Foundation”). This letter is the “Stage III Transition Notice” described in
Section
      2
      of the
      referenced Stage III Tri-Party Agreement. 

     

    Pursuant
      to the Stage III Tri-Party Agreement, you are hereby notified that the
Stage
      III
Transition
      Date (as defined in the Stage
      III
Tri-Party
      Agreement) is __________, 200_.

    

    

    
      	
              BILL
                & MELINDA GATES

              FOUNDATION
                

               

               

              By
                _______________________________

              Cheryl
                Scott, Chief Operating Officer

            	
              ONVIA,
                INC. 

               

               

              By
                _______________________________

              Its
                _______________________________

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