Document:

EX-10.1

 Exhibit 10.1 

AMENDED AND RESTATED SECOND AMENDMENT 

2007 OMNIBUS STOCK AND INCENTIVE PLAN 

FOR CAPITAL SENIOR LIVING CORPORATION 

This Amended and Restated Second Amendment to the 2007 Omnibus Stock and Incentive Plan for Capital Senior Living Corporation
(“Plan”) is hereby adopted subject to approval by the Company’s shareholders, which approval must be obtained on or before December 31, 2015. 

W I T N E S S E T H: 

WHEREAS, the Board has determined that it is in the best interest of Capital Senior Living Corporation (“Company”) and its
shareholders to: (i) increase of the number of shares available for awards under the Plan; (ii) add restricted share units as a form of award under the Plan; (iii) revise and update the performance measures applicable to performance
awards under the Plan; (iv) provide for a minimum one-year vesting period for restricted shares and restricted share units awarded to the Company’s non-employee directors; (v) extend the termination date of the Plan to
December 16, 2024; and (vi) make certain other clarifying and ministerial changes; and 
 WHEREAS, under and in accordance
with Section 22 of the Plan, the Board has been granted the authority to amend the Plan, subject in this case to shareholder approval. 

NOW THEREFORE, The Plan Is Hereby Amended As Follows: 

I. Section 2 of the Plan is amended, effective as of December 16, 2014, by deleting Section 2(c) in its entirety,
and substituting therefore the following: 
 “(c) “Award” shall mean either an Option, an SAR, a Restricted Share
Award, a Restricted Share Unit Award, or a Performance Award, except that where it shall be appropriate to identify the specific type of Award, reference shall be made to the specific type of Award.” 

II. Section 2(g)(i) of the Plan is amended, effective as of March 26, 2015, by deleting Section 2(g)(i) in its
entirety, and substituting therefore the following: 
 “(i) the consummation of a merger, consolidation, statutory share exchange or
sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company that requires the consent or vote of the holders of the Parent’s Common Stock, other than
a consolidation, merger or share exchange of the Parent in which the holders of the Parent’s Common Stock immediately prior to such transaction have the same proportionate ownership of common stock of the surviving corporation immediately after
such transaction (provided that, for the avoidance of doubt, a “Change in Control” shall only be deemed to occur upon the consummation of such merger, consolidation, statutory share exchange or sale, lease, exchange or other asset transfer
and not upon any shareholder approval related to such event);” 

  
 1 

 III. Section 2 of the Plan is amended, effective as of December 16, 2014, by
deleting Section 2(ii) in its entirety, and substituting therefore the following: 
 “(ii) “Performance
Measures” shall mean (i) earnings, including one or more of operating income, earnings before or after taxes, earnings before or after interest, depreciation, amortization, rent (or restructuring) costs, adjusted EBITDA,
adjusted EBITDAR, economic earnings, or extraordinary or special items or book value per share (which may exclude nonrecurring items); (ii) pre-tax income, after-tax income or adjusted net income; (iii) earnings per share (basic or
diluted); (iv) operating profit; (v) revenue, revenue growth or rate of revenue growth; (vi) return on assets (gross or net), return on investment, return on capital, or return on equity; (vii) returns on sales or revenues;
(viii) operating expenses; (ix) stock price appreciation; (x) cash flow, free cash flow, cash flow return on investment (discounted or otherwise), net cash provided by operations, or cash flow in excess of cost of capital;
(xi) cash flow from facility operations (CFFO); (xii) facility net operating income (NOI); (xiii) implementation or completion of critical projects or processes; (xiv) acquisition financing; (xv) cumulative earnings per
share growth; (xvi) operating margin or profit margin; (xvii) containment of Company expenses, (xviii) expense targets, reductions and savings, productivity and efficiencies; (xix) strategic business criteria, consisting of one
or more objectives based on meeting specified market penetration, geographic business expansion, employee satisfaction, resident satisfaction, human resources management, supervision of litigation and/or information technology goals, goals relating
to acquisitions, divestitures, joint ventures and/or similar transactions and/or goals relating to budget comparisons; (xx) personal professional objectives, including, without limitation, any of the foregoing performance goals, the
implementation of policies and plans, the negotiation of transactions, the development of long term business goals, formation of joint ventures, research or development collaborations, and the completion of other corporate transactions;
(xxi) any combination of, or a specified increase or decrease in, any of the foregoing; and (xxii) such other criteria which the Committee reasonably determines is comparable to any of the foregoing listed criteria. Where applicable, the
Performance Measures may be expressed in terms of attaining a specified level of the particular criteria or the attainment of a percentage increase or decrease in the particular criteria, and may be applied to one or more of the Parent, a
Subsidiary, or a division or strategic business unit of the Company, or may be applied to the performance of the Parent or a Subsidiary relative to a market index, a group of other companies or a combination thereof, all as determined by the
Committee. The Performance Measures may be subject to a threshold level of performance below which no payment will be made (or no vesting will occur), levels of performance at which specified payments will be made (or specified vesting will occur),
and a maximum level of performance above which no additional payment will be made (or at which full vesting will occur). Where applicable, a Performance Measure may be measured on a generally accepted accounting principles (GAAP) or non-GAAP basis,
as determined by the Committee at the time such Performance Measure is established. Notwithstanding the immediately preceding sentence, the Committee may 

  
 2 

 
make equitable adjustments to a Performance Measure in recognition of unusual, non-recurring or non-economic events or items affecting the Parent or a Subsidiary or the financial statements of
the Parent or a Subsidiary, in response to changes in applicable laws or regulations, or to account for items of gain, loss or expense determined to be extraordinary or unusual in nature or infrequent in occurrence or related to the disposal of a
segment of a business or related to a change in accounting principles. The Performance Measures shall be subject to certification by the Committee.” 

IV. Section 2 of the Plan is amended, effective as of December 16, 2014, by deleting Section 2(pp) in its
entirety, and substituting therefore the following: 
 “(pp) “Restricted Period” shall mean the period during
which Restricted Shares or Restricted Share Units shall be subject to Restrictions.” 
 V. Section 2 of the Plan is
amended, effective as of December 16, 2014, by deleting Section 2(ss) in its entirety, and substituting therefore the following: 

“(ss) “Restricted Share Distributions” shall mean any amounts, whether Shares, cash or other property
(other than regular cash dividends) paid or distributed by the Parent with respect to Restricted Shares or Restricted Share Units during a Restricted Period.” 

VI. Section 2 of the Plan is amended, effective as of December 16, 2014, by deleting Section 2(aaa) in its
entirety, and substituting therefore the following: 
 “(aaa) “Vest”, “Vested” and similar terms shall mean
the number of Award Shares which have become nonforfeitable, including the number of Restricted Shares or Restricted Share Units on which the Restrictions have lapsed; provided, further, and without limitation, that the lapse of Restrictions imposed
under a Performance Award, based on the attainment of the Performance Measures set forth in such Performance Award, is also a Vesting event.” 

VII. Section 2 of the Plan is amended, effective as of December 16, 2014, to add the following new
Section 2(eee): 
 “(eee) “Restricted Share Unit” means a right, granted to an Eligible Person under
Section 13 hereof, to receive Common Stock, cash, or a combination thereof at the end of a specified deferral period.” 
 VIII.
Section 3 of the Plan is amended, effective as of December 16, 2014, to increase the number of Available Shares by an additional 2,000,000 Shares. 

IX. Section 12 of the Plan is amended, effective as of December 16, 2014, by deleting Section 12(b) in its
entirety, and substituting therefore the following: 
 “(b) The Restrictions on Restricted Shares shall lapse in whole, or in
installments, over whatever Restricted Period shall be selected by the Committee; provided, further, and 

  
 3 

 
notwithstanding the foregoing, the Committee may not (i) select a Restricted Period of less than three (3) years (one (1) year in the case of a Restricted Share Award to a
Non-Employee Director), (ii) provide for a lapse of Restrictions at a rate which, at any time during the Restricted Period, would result in a percentage of lapsed Restrictions greater than the quotient (expressed as a percentage) of
(x) the number of days from the first day of the Restricted Period to the date of reference, divided by (y) 1080 (365 in the case of a Restricted Share Award to a Non-Employee Director), or (iii) select a Restricted Period in excess
of nine (9) years.” 
 X. Sections 13 through 24 and related cross-references are hereby designated as Sections
14 through 25, and the following new Section 13 is hereby added to the Plan effective as of December 16, 2014: 

“13. Restricted Share Unit Awards. 

(a) Restricted Share Units may be granted at any time and from time to time prior to the termination of the Plan to Eligible Persons as
determined by the Committee. Restricted Share Units are Awards denominated in units of Shares under which the issuance of Shares is subject to such Restrictions (including continued employment or performance conditions) and terms as the Committee
deems appropriate. Each grant of Restricted Share Units shall be evidenced by an Award Agreement. Unless determined otherwise by the Committee, each Restricted Share Unit will be equal to one Share and will entitle a Holder, upon the lapse of the
Restrictions, to receive one Share or payment of an amount of cash equal to the Fair Market Value of one Share. To the extent determined by the Committee, Restricted Share Units may be satisfied or settled in Shares, cash or a combination thereof.

 (b) Each Restricted Share Unit Award Agreement shall contain provisions regarding (i) the number of Restricted Share Units subject to
such Award or a formula for determining such number and (ii) such terms and conditions on the grant, issuance, Vesting and/or forfeiture of the Restricted Share Units as may be determined from time to time by the Committee. 

(c) The grant, issuance, retention, Vesting and/or settlement of Restricted Share Units will occur when and in such installments as the
Committee determines or under criteria the Committee establishes; provided, that, the Committee may not (i) select a Restricted Period of less than three (3) years (one (1) year in the case of a Restricted Share Unit Award to a
Non-Employee Director), (ii) provide for Vesting at a rate which, at any time during the Restricted Period, would result in a percentage of Vested Restricted Share Units greater than the quotient (expressed as a percentage) of (x) the
number of days from the first day of the Restricted Period to the date of reference, divided by (y) 1080 (365 in the case of a Restricted Share Unit Award to a Non-Employee Director), or (iii) select a Vesting period in excess of nine
(9) years. 
 (d) The Committee may accelerate the date on which Restrictions lapse with respect to any Restricted Share Units, so long
as such acceleration does not cause Restrictions to lapse in a manner which would have violated Section 13(c) above if the accelerated lapsing schedule had been adopted on the Date of Grant of such Restricted Share Units. 

  
 4 

 (e) Notwithstanding Section 13(d) and (d) to the contrary, the Committee may accelerate
a Restricted Share Unit Award, or expressly provide for automatic acceleration under the terms of a Restricted Share Unit Award, to whatever extent the Committee selects, where the acceleration results solely from Holder’s death, Disability, or
Retirement. 
 (f) In the event of a Holder’s Separation for any reason, any portion of any Award of Restricted Share Units that is not
vested as of the date of such Separation, or for which vesting is not accelerated pursuant to Section 13(d) or (d), above, shall immediately be forfeited by the Holder. 

(g) Holders shall have no voting rights with respect to Shares underlying Restricted Share Units unless and until such Shares are reflected as
issued and outstanding Shares on the Parent’s stock ledger. 
 (h) Holders in whose name an Award of Restricted Share Units is granted
shall be entitled to receive all Restricted Share Distributions, unless determined otherwise by the Committee. The Committee will determine whether any such Restricted Share Distributions will be automatically reinvested in additional Shares or will
be payable in cash; provided that such additional Shares and/or cash shall subject to the same restrictions and vesting conditions as the Award with respect to which they were distributed. Notwithstanding anything herein to the contrary, in no event
shall Restricted Share Distributions be currently payable with respect to unvested or unearned Performance Awards. 
 (i) The Committee may,
in an Award Agreement or otherwise, provide for the deferred delivery of Shares upon settlement, vesting or other events with respect to Restricted Share Units. Notwithstanding anything herein to the contrary, in no event will any deferral of the
delivery of Shares or any other payment with respect to any Restricted Share Unit Award be allowed if the Committee determines, in its sole discretion, that the deferral would result in the imposition of the additional tax under
Section 409A(a)(1)(B) of the Code. The Parent shall have no liability to a Holder, or any other party, if a Restricted Share Unit Award that is intended to be exempt from, or compliant with, Section 409A of the Code is not so exempt or
compliant or for any action taken by the Committee.” 
 XI. Section 25 of the Plan (as so redesignated) is amended,
effective as of December 16, 2014, by deleting it in its entirety, and substituting therefore the following: 
 “25.
Effective Date and Termination Date. The Plan shall be effective as of its Effective Date, and shall terminate on December 16, 2024.” 

  
 5 

 Dated the 26th day of March, 2015. 

 

			
	CAPITAL SENIOR LIVING CORPORATION
		
	By:		 /s/ Lawrence A. Cohen

	Name:		Lawrence A. Cohen
	Title:		Vice Chairman of the Board and
			Chief Executive Officer

  
 6Exhibit 1010iii-SecondAmendmenttoOctober2011Lease

Exhibit 10.10(iii)
SECOND AMENDMENT TO LEASE AGREEMENT
This SECOND AMENDMENT TO LEASE AGREEMENT (“Second Amendment”) is made and entered into as of the 2nd day of April, 2015, by and between KR 690 MIDDLEFIELD, LLC, a Delaware limited liability company (“Landlord”), and SYNOPSYS, INC., a Delaware corporation (“Tenant”), with reference to the following facts:
R E C I T A L S :
A.     Landlord (as successor-in-interest to 690 E. Middlefield Road Fee, LLC, a Delaware limited liability company) and Tenant are parties to that certain 690 E. Middlefield Road Lease Agreement dated as of October 14, 2011 (the “Original Lease”), as amended by that certain First Amendment to Lease Agreement dated November 27, 2012 (the “First Amendment”), and that certain Acknowledgement of Commencement of Term dated of even date herewith (the “Commencement Acknowledgement”) (the Lease, the First Amendment, and the Commencement Acknowledgement are hereinafter collectively referred to as the “Lease”), whereby Landlord leases to Tenant and Tenant leases from Landlord the property located at 690 E. Middlefield Road, Mountain View, CA (the “Project”), as more particularly described in the Lease.
B.     Landlord and Tenant desire to amend and modify the Work Letter attached to the Original Lease as Exhibit B (the “Work Letter”), as more particularly set forth below.
A G R E E M E N T:
NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
1.     Capitalized Terms. All capitalized terms when used herein shall have the same respective meanings as are given such terms in the Lease unless expressly provided otherwise in this Second Amendment.
2.     Increase in Tenant Allowance. The Tenant Allowance, as set forth in Section 14 (a) of the Work Letter, is hereby increased by One Hundred Ninety-Two Thousand Five Hundred Sixty-Nine Dollars ($192,569.00), from Twenty-One Million Two Hundred Forty-Nine Thousand One Hundred Fifty Dollars ($21,249,150.00) to Twenty-One Million Four Hundred Forty-One Thousand Seven Hundred Nineteen Dollars ($21,441,719.00). Pursuant to the Tenant Expenditure Authorization (“TEA”) attached hereto as Exhibit A, the foregoing increase in the Tenant Allowance is attributable to the transfer of the obligation to construct certain components of Landlord’s Work, as set forth in the TEA as Items COR #22A, #24, #54, #55, and #56 (the “New Tenant’s Work Obligations”), from Landlord to Tenant, less the costs chargeable to Tenant for changes to Landlord’s Work which were previously implemented by Landlord at Tenant’s request (as set forth in the TEA as Items COR #13, #15, #16, #17, #18, #19, #21, #22, #23, #25, #26, #28, #29, #30, #31, #32, #33, #40, #44, #45, #46, and #47 (collectively, the “Additional Landlord’s Work Obligations”)). The New Tenant’s Work Obligations shall constitute part of Tenant’s Work and shall be constructed by Tenant in accordance with the Tenant’s Plans previously approved by Landlord. The parties’ agreement to increase the Tenant Allowance by the amount set forth in this Section 2, and to apply the amounts owing by Tenant to Landlord for the Additional Landlord’s Work Obligations as a credit against the amount of cost savings in the Landlord’s Work due to the New Tenant’s Work Obligations as set forth in the TEA, supersedes the terms of Section 13 of the Work Letter with respect to Tenant’s obligation to pay Landlord directly for Change Orders to Landlord’s Work or the Landlord’s Plans.
3.     Tenant’s Cost. The cost of Tenant’s Work is anticipated to be approximately Thirty-Nine Million Four Hundred Thousand Dollars ($39,400,000.00) (subject to additional change orders), as set forth in that certain Standard Form of Agreement Between Owner and Construction Manager as Constructor dated May 28, 2013 and the change orders which have been approved prior to the date of this Second Amendment, and therefore the cost of Tenant’s Work is anticipated to be less than Forty-Four Million Three Hundred Twenty-One Thousand Thirty Dollars ($44,321,030.00), as referenced in Section 14 (b) of the Work Letter.

KILROY REALTY
690 E. Middlefield Road
[Synopsys, Inc.]

4.    Landlord’s and Tenant’s Respective Payment Obligations for Tenant’s Work. In accordance with Section 14(b) of the Work Letter, effective as of the date hereof the following provisions shall apply to Landlord’s and Tenant’s respective obligations to pay for the costs of Tenant’s Work that are allowed to be funded by the Tenant Allowance:
4.1     Landlord shall pay Tenant fifty percent (50%) of the amount of each request submitted by Tenant for disbursement from the Tenant Allowance subject to the terms of Section 14(c) of the Work Letter (provided that such disbursement request qualifies for payment from the Tenant Allowance pursuant to the provisions of the Work Letter) until Landlord has disbursed a total of Seventeen Million Nine Hundred Fifty-Eight Thousand Two Hundred Eighty-One Dollars ($17,958,281.00) for such disbursement requests in the aggregate. The parties acknowledge that Landlord has previously disbursed the full $17,958,281.00 prior to the date of this Second Amendment.
4.2     Tenant shall pay from its own funds (directly to its contractors) fifty percent (50%) of the amount of each request submitted by Tenant for disbursement from the Tenant Allowance subject to the terms of Section 14(c) of the Work Letter (provided that such disbursement request qualifies for payment from the Tenant Allowance pursuant to the provisions of the Work Letter) until Tenant has paid Seventeen Million Nine Hundred Fifty-Eight Thousand Two Hundred Eighty-One Dollars ($17,958,281.00) for such disbursement requests in the aggregate. In no event shall the amounts payable by Tenant under this Section 4.2 be payable by Landlord from the Tenant Allowance. The parties acknowledge that Tenant has previously paid the full $17,958,281.00 prior to the date hereof.
4.3     In view of the fact that Landlord and Tenant have previously paid the full amounts required under Sections 4.1 and 4.2 above, Landlord shall hereafter pay one hundred percent (100%) of the amount of each request submitted by Tenant for disbursement from the Tenant Allowance subject to the terms of Section 14(c) of the Work Letter (provided that such disbursement request qualifies for payment from the Tenant Allowance pursuant to the provisions of the Work Letter), but in no event shall Landlord be required to disburse more than the remaining balance of the Tenant Allowance and any such disbursement from the Tenant Allowance shall be in accordance with Section 14(c) of the Work Letter. Based on the calculations set forth in Sections 2 and 3 above, the remaining balance of the Tenant Allowance following the disbursements and payments set forth in Sections 4.1 and 4.2 above was equal to Three Million Four Hundred Eighty Three Thousand Four Hundred Thirty-Eight Dollars ($3,483,438.00), but as the result of subsequent disbursements by Landlord of the Tenant Allowance, as of the date of this Second Amendment the remaining balance of the Tenant Allowance equals One Million Seven Hundred Nineteen Thousand Nine Hundred Sixty-Eight and 89/100 Dollars ($1,719,968.89).
5.    Landlord’s Work. The parties hereby acknowledge and agree that (i) Landlord’s Work (including, without limitation, the Additional Landlord’s Work Obligations, but excluding the components of the originally contemplated Landlord’s Work which now constitute the New Tenant’s Work Obligations) has previously been completed by Landlord, and (ii) notwithstanding any contrary provision of the Lease or the Work Letter, Landlord shall have no obligation to construct the work comprising the New Tenant’s Work Obligations or the corresponding work that would have otherwise been part of Landlord’s Work. Further notwithstanding any contrary provision of the Lease, as amended hereby, or the Work Letter, Landlord shall, at Landlord’s sole cost, following Landlord’s receipt of notice from Tenant on or prior to March 20, 2020, (i) repair any structural defects in the concrete retaining wall located at the Project or cosmetic defects which are unsightly to an unreasonable extent in the event that a structural engineer selected by Landlord and reasonably approved by Tenant determines that such wall has structurally failed or has cosmetic defects which are unsightly to an unreasonable extent, and (ii) repair the decorative scored asphalt at the Project in the event that the deteriorating condition of such asphalt becomes unsightly to an unreasonable extent or there is a reasonable likelihood that such deteriorating condition will cause personal injury (collectively, “Landlord’s Extra Repair Obligations Through 3/20/20”). The parties agree that Landlord’s Extra Repair Obligations Through 3/20/20 shall not apply with respect to any matters for which Tenant fails to notify Landlord in writing on or prior to March 20, 2020. For purposes of Section 1938 of the California Civil Code, Landlord hereby discloses to Tenant, and Tenant hereby acknowledges, that the Premises have not undergone inspection by a Certified Access Specialist (CASp).

KILROY REALTY
690 E. Middlefield Road
[Synopsys, Inc.]
-2-

6.     Tenant’s Removal Obligations at End of Lease Term. Notwithstanding any contrary provision of the Work Letter, Landlord hereby reserves the right to require Tenant, at Tenant’s sole cost, to remove the Tenant cafeteria prior to the expiration or sooner termination of the Lease, as amended, and restore such portion of the building to the condition that would have existed pursuant to Landlord’s Plans had such cafeteria not been constructed, upon written notice from Landlord to Tenant prior to the expiration or sooner termination of the Lease, as amended. Further notwithstanding any contrary provision of the Work Letter, Landlord hereby waives the right to require Tenant to remove any items of the New Tenant’s Work Obligations, and except for the Tenant cafeteria, any other items of the Additional Landlord’s Work Obligations, upon the expiration or sooner termination of the Lease.
7.     No Brokers. Landlord and Tenant hereby warrant to each other that they have had no dealings with any real estate broker or agent in connection with the negotiation of this Second Amendment, and that they know of no real estate broker or agent who is entitled to a commission in connection with this Second Amendment. Each party agrees to indemnify and defend the other party against and hold the other party harmless from any and all claims, demands, losses, liabilities, lawsuits, judgments, and costs and expenses (including, without limitation, reasonable attorneys’ fees) with respect to any leasing commission or equivalent compensation alleged to be owing on account of the indemnifying party’s dealings with any real estate broker or agent in connection with this Second Amendment. The terms of this Section 7 shall survive the expiration or earlier termination of the term of the Lease.
8.     Utility Billing Information. In connection with any electricity, gas and/or water services to the Premises which Tenant is permitted or required by the Lease to contract for directly with the third-party provider thereof, Tenant shall promptly following written request by Landlord provide Landlord with a copy of the invoices received by Tenant from such third-party providers. Tenant acknowledges that pursuant to California Public Resources Code Section 25402.10 and the regulations adopted pursuant thereto (collectively the “Energy Disclosure Requirements”), Landlord may be required to disclose information concerning Tenant’s energy usage at the Premises to certain third parties, including, without limitation, prospective purchasers, lenders and tenants of the Buildings (the “Tenant Energy Use Disclosure”). Tenant hereby (A) consents to all such Tenant Energy Use Disclosures, and (B) acknowledges that Landlord shall not be required to notify Tenant of any Tenant Energy Use Disclosure. Further, except to the extent of Landlord’s gross negligence in preparing the Tenant Energy Use Disclosure, Tenant hereby releases Landlord from any and all losses, costs, damages, expenses and liabilities relating to, arising out of and/or resulting from any Tenant Energy Use Disclosure. The terms of this Section 8 shall survive the expiration or earlier termination of the Lease, as amended.
9.     Governing Law. This Second Amendment shall be construed according to the laws of the State of California, without regard to choice of law provisions thereof.
10.     Attorneys’ Fees and Costs. In the event of any action at law or in equity between the parties to enforce any of the provisions of this Second Amendment, any unsuccessful party to such litigation shall pay to the successful party all costs and expenses, including reasonable attorneys’ fees (including costs and expenses incurred in connection with all appeals) incurred by the successful party, and these costs, expenses and attorneys’ fees may be included in and as part of the judgment. A successful party shall be any party who is entitled to recover its costs of suit, whether or not the suit proceeds to final, non-appealable judgment.
11.     Counterparts. This Second Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument, and shall become effective when there exist copies hereof which, when taken together, bear the authorized, original signatures of each of the parties hereto.
12.     Conflict; No Further Modification. In the event of any conflict between the Lease and this Second Amendment, the terms of this Second Amendment shall prevail. Except as specifically set forth in this Second Amendment, all of the terms and provisions of the Lease and all exhibits thereto shall remain unmodified and in full force and effect.
13.     Waiver. No failure or delay by either party to insist upon the strict performance of any term, condition or covenant of this Second Amendment, or to exercise any right, power or remedy hereunder shall constitute a waiver of the same or any other term of this Second Amendment or preclude such party from enforcing or exercising the same or any such other term, conditions, covenant, right, power or remedy at any later time.

KILROY REALTY
690 E. Middlefield Road
[Synopsys, Inc.]
-3-

14.    Captions and Headings. The titles or headings of the various paragraphs hereof are intended solely for convenience of reference and are not intended and shall not be deemed to modify, explain or place any construction upon any of the provisions of this Second Amendment.
[signatures on following page]

KILROY REALTY
690 E. Middlefield Road
[Synopsys, Inc.]
-4-

IN WITNESS WHEREOF, this Second Amendment has been executed as of the day and year first above written.
LANDLORD:
KR 690 MIDDLEFIELD, LLC, 
a Delaware limited liability company
By:    Kilroy Realty, L.P.,
a Delaware limited partnership, 
Its Sole Member
By: Kilroy Realty Corporation, 
a Maryland Corporation,
Its General Partner
By: /s/ Jeffrey C. Hawken    
Name: Jeffrey C. Hawken    
Title: Executive Vice President, Chief Operating Officer    
By:  /s/ Mike L. Sanford    
Name: Mike L. Sanford    
Title: Executive Vice President, Northern California    
TENANT:
SYNOPSYS, INC., 
a Delaware corporation
	
		
	By:
	/s/ Jan Collinson         

	Name:
	Jan Collinson

	Title:
	Senior Vice President, Human Resources and Facilities.

KILROY REALTY
690 E. Middlefield Road
[Synopsys, Inc.]
-5-

EXHIBIT A
TENANT EXPENDITURE AUTHORIZATION

	
		
	
	Synopsys, Inc.
690 E. Middlefield Rd. 
Mountain View, CA

TENANT EXPENDITURE AUTHORIZATION 
ABOVE STANDARD COST ANALYSIS 
Date:    3/11/2015

	
					
	Item#
	Scope
	Cost

	COR # 13
	Increase stair riser by 15" at Stair 1 & 2. Rotate Stair 2 by 90 Degrees
	

	$164,372.00
	

	COR # 15
	Additional Pavilion Pavers
	

	$30,575.00
	

	COR # 16
	Enlarge IDF Rooms to 12' x 12'
	

	$9,214.00
	

	COR # 17
	Enlarge IDF room fan coil units to 2.5 tons per owner direction
	

	$4,963.00
	

	COR # 18
	Depressed SOG by 5 1/2“ except at core or cafeteria areas
	

	$121,708.00
	

	COR # 19
	Addition of (3) 30 ft. aluminium flagpoles
	

	$11,254.00
	

	COR # 21
	Upsize shell generators to 500 KW to accommodate Tl loads
	

	$350,649.00
	

	COR # 22
	(40) Turtle Storage bike locker
	$
	—
	

	COR # 22A
	(40) Hannan Specialties bike locker (Alternate to 22A)
	

	($62,803.000
	)

	COR # 23
	Add 4 showers and 4 sinks in Building 2 Men’s $ Women’s restrooms
	

	$101,476.00
	

	COR # 24
	Credit for Lobby Stair Removal
	

	($1,588,465.000
	)

	COR # 25
	Revise HVAC to (4) 125 ton units with shafts
	

	$121,477.00
	

	COR # 26
	Add loading docks to both buildings
	

	$138,540.00
	

	COR # 28
	Enlarge Ground floor restrooms. Add 2 urinals and 2 toilets each building
	

	$51,188.00
	

	COR # 29
	Replace sing with urinal at men’s restroom floors 2-5
	

	$1,834.00
	

	COR # 30
	Revise restroom fixture and accessories at all floors
	

	$169,421.00
	

	
						
	COR # 31
	Modify entrance mats to 10' total length, add 5' exterior mats
	 
	

	$23,256.00
	

	COR # 32
	Building 1 and site revisions to accommodate future tenant cafeteria
	 
	

	$53,479.00
	

	COR # 33
	Site electrical revisions and plumbing site revisions
	 
	

	$304,297.00
	

	COR # 40
	Added and revised exterior doors
	 
	

	$29,364.00
	

	COR # 44
	Add to include BacNet interface to lighting control panels
	 
	

	$11,813.00
	

	COR # 45
	Smoker’s Court Design Fee
	 
	

	$780.00
	

	COR # 46
	2 Level Parking Structure Conceptual Design
	 
	

	$15,000.00
	

	COR # 47
	Installation of conduit for tenant fiberlines
	 
	

	$52,974.00
	

	COR # 54
	Remove Monument Signage scope from DCI scope
	 
	

	($256,875.000
	)

	COR # 55
	Credit to remove unfinished items at sport court area from scope of work. 
Entire area including existing parking lot to be left in current conditions.
	 
	

	($23,765.000
	)

	COR # 56
	Signage Allowance (Code Compliance) Reconciliation
	 
	

	($28,295.000
	)

	 
	 
	 
	 

	 
	Total
	 
	

	($192,569.000
	)

KILROY REALTY
690 E. Middlefield Road
[Synopsys, Inc.]
EXHIBIT A
-1-

ACKNOWLEDGEMENT OF COMMENCEMENT OF TERM
April 2, 2015 
Synopsys
700 E. Middlefield Road
Mountain View, CA 94043
Attn: Vice President, Real Estate and Facilities
		
	Re:
	Acknowledgement and Confirmation of Commencement Date under the 690 E. Middlefield Road Lease Agreement between KR 690 MIDDLEFIELD, LLC (as successor-in-interest to 690 E. Middlefield Road Fee, LLC) (“Landlord”) and Synopsys, Inc. (“Tenant”), dated as of October 14, 2011 (the “Original Lease”), as amended by that certain First Amendment to Lease Agreement dated November 27, 2012 (the “First Amendment”), and that certain Second Amendment to Lease Agreement dated as of even date herewith (the “Second Amendment”)

Ladies and Gentlemen:
This letter will confirm that:
		
	1.
	The Early Occupancy Period under (and as defined in) the Original Lease, as amended, commenced on January 5, 2015 and the Commencement Date under (and as defined in) the Original Lease, as amended, is March 1, 2015.

		
	2.
	The Rent Commencement Date under (and as defined in) the Original Lease, as amended, is September 1, 2015; however pursuant to Section 2(b) of the Original Lease, due to Tenant’s early occupancy of the Premises, the actual date that Tenant shall commence to pay Base Rent in accordance with the terms of the Lease is July 5, 2015, and Tenant is obligated to pay Expenses for the Premises commencing as of January 5, 2015.

		
	3.
	The Expiration Date under (and as defined in) the Original Lease, as amended, is August 31, 2030.

		
	4.
	Tenant has accepted delivery of the Premises.

		
	5.
	Landlord’s Work is complete and to Tenant’s knowledge the condition of the Buildings (including Landlord’s Work) complies with Landlord’s obligations under the Original Lease and the Work Letter attached thereto as Exhibit B.

		
	6.
	The provisions of Section 45 of the Original Lease (regarding the possible increase in the rentable square footage of the Premises) have terminated, and the rentable square footage of the Premises is 340,913.

		
	7.
	The Option Agreement between Landlord and Tenant and dated of even date with the Original Lease has terminated without Tenant exercising its right to purchase the Project, and Tenant has no further right to purchase the Project pursuant thereto. Please acknowledge your receipt of this letter and confirmation of, and agreement with, the foregoing by signing and returning a copy to the undersigned.

Very truly yours,
KR 690 MIDDLEFIELD, LLC,  
a Delaware limited liability company
By:    Kilroy Realty, L.P.,
a Delaware limited partnership
Its Sole Member
		
	By: 
	Kilroy Realty Corporation, 

a Maryland Corporation
Its General Partner
By: /s/ Eileen S. Kong    
Name: Eileen S. Kong    
Title: Senior Portfolio Manager    

(signatures continue on following page)

Acknowledged and Agreed:
SYNOPSYS, INC., 
a Delaware corporation
	
		
	By: /s/ Jan Collison         

	Name:
	Jan Collison

	Title: Senior Vice President, Human Resources and Facilities

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