Document:

APC 2015 2Q - Exhibit 10(ii)

EXHIBIT 10(ii)
FIRST AMENDMENT TO TIME SHARING AGREEMENT
THIS FIRST AMENDMENT TO TIME SHARING AGREEMENT (this “Amendment”) is made as of June 2, 2015, by and between Anadarko Petroleum Corporation, a Delaware corporation (the “Operator” or the “Company”), and R. A. Walker (the “Passenger”).
RECITALS
A.    The Operator and the Passenger have entered into a Time Sharing Agreement (the “Agreement”), dated as of May 15, 2012, pursuant to which (i) the Operator agreed to make Aircraft, with flight crew, when the Aircraft and flight crew are not otherwise needed for business purposes, available to the Passenger for the Passenger’s personal travel in accordance with the Aircraft Policy on a non-exclusive time-sharing basis in accordance with §91.501 of the FAR and (ii) the Passenger agreed to reimburse the Operator for the personal use of the Aircraft for certain flights as permitted under the FAR, in each case, in accordance with the terms and provisions of the Agreement.
B.    The Operator and the Passenger desire to amend the Agreement in accordance with the terms and conditions set forth below.
C.    Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Agreement.
NOW, THEREFORE, in consideration of the premises and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:
1.    Amendments.  The Agreement is hereby amended as follows:
		
	(a)
	By deleting existing Section 20A(I) in its entirety and inserting in place thereof the following:

20A.  Subordination; Consent to Assignment
I.    5491 Aircraft
This Agreement, to the extent it relates to the 5491 Aircraft (as such term is defined below) is subject to the terms and provisions of:
		
	(i)
	that certain Aircraft Lease (S/N 5491) and related Lease Supplement (the Aircraft Lease, together with the Lease Supplement and all riders and addenda thereto, the “5491 Aircraft Lease”), each dated as of February 6, 2015, by and between Banc of America Leasing & Capital LLC, a Delaware limited liability company (“BALC”), and APC Aviation, Inc., a Delaware corporation (“APC”), regarding the Gulfstream Aerospace model GV-SP (G550) aircraft bearing United States Registration number N276A and manufacturer’s serial number 5491 (the “5491 Aircraft”);

		
	(ii)
	that certain Aircraft Sublease (S/N 5491) and related Sublease Supplement (the Aircraft Sublease, together with the Sublease Supplement and all riders and addenda thereto, the “5491 Aircraft Sublease”), each dated as of February 6, 2015, by and between APC and the Operator regarding the 5491 Aircraft;

		
	(iii)
	that certain Consent to Sublease and Assignment (the “5491 Consent”), dated as of February 6, 2015, by and between BALC, APC and the Operator; and

		
	(iv)
	any related documents, agreements or instruments of any kind whatsoever relating to the 5491 Aircraft Lease, the 5491 Aircraft Sublease or the 5491 Consent.

Without limiting the generality of the foregoing, the rights of APC, the Operator, the Passenger and any other party, person or entity of any kind whatsoever claiming through any of APC, the Operator or the Passenger with respect to the 5491 Aircraft (and any and all proceeds thereof, including, any insurance proceeds) shall be subject and subordinate in all respects to any and all of the rights, privileges, powers, entitlements, benefits, remedies, title or interests of BALC in or to the 5491 Aircraft (and any and all proceeds thereof, including, any insurance proceeds), including, all of BALC’s respective rights and remedies under or in connection with any of the 5491 Aircraft Lease, the 5491 Aircraft Sublease, the 5491 Consent and any related documents, agreements or instruments of any kind whatsoever (including, without limitation, BALC’s right to repossess the 5491 Aircraft and to terminate this Agreement with respect to the 5491 Aircraft pursuant to the 5491 Aircraft Lease and this Section).  In addition, and notwithstanding anything to the contrary set forth in this Agreement or otherwise, upon the occurrence of any Event of Default (as such term is defined in 5491 Aircraft Lease) under or in connection with 5491 Aircraft Lease, this Agreement shall automatically and immediately terminate with respect to the 5491 Aircraft.
		
	(b)
	By adding a new Section 20A(III) immediately prior to the existing final paragraph of Section 20(A), which shall read as follows:

III.    2044 Aircraft
This Agreement, to the extent it relates to the 2044 Aircraft (as such term is defined below) is subject to the terms and provisions of:
		
	(v)
	that certain Aircraft Lease (S/N 2044) and related Lease Supplement (the Aircraft Lease, together with the Lease Supplement and all riders and addenda thereto, the “2044 Aircraft Lease”), each dated as of April 30, 2015, by and between WFEFI and APC regarding the Gulfstream Aerospace model IAI Ltd. Gulfstream 280 (G280) aircraft bearing United States Registration number N855A and manufacturer’s serial number 2044 (the “2044 Aircraft”);

		
	(vi)
	that certain Aircraft “Dry” Lease Agreement (together with all supplements, riders and addenda thereto, the “2044 Aircraft “Dry” Lease”), dated as of August 1, 2014, by and between APC and the Operator regarding the 2044 Aircraft;

		
	(vii)
	that certain Collateral Assignment of Aircraft “Dry” Lease Agreement (the “2044 Assignment”), dated as of April 30, 2015, by and between WFEFI, APC and the Operator; and

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	(viii)
	any related documents, agreements or instruments of any kind whatsoever relating to the 2044 Aircraft Lease, the 2044 Aircraft “Dry” Lease or the 2044 Assignment.

Without limiting the generality of the foregoing, the rights of APC, the Operator, the Passenger and any other party, person or entity of any kind whatsoever claiming through any of APC, the Operator or the Passenger with respect to the 2044 Aircraft (and any and all proceeds thereof, including, any insurance proceeds) shall be subject and subordinate in all respects to any and all of the rights, privileges, powers, entitlements, benefits, remedies, title or interests of WFEFI in or to the 2044 Aircraft (and any and all proceeds thereof, including, any insurance proceeds), including, all of WFEFI’s respective rights and remedies under or in connection with any of the 2044 Aircraft Lease, the 2044 Aircraft “Dry” Lease, the 2044 Assignment and any related documents, agreements or instruments of any kind whatsoever (including, without limitation, WFEFI’s right to repossess the 2044 Aircraft and to terminate this Agreement with respect to the 2044 Aircraft).  In addition, and notwithstanding anything to the contrary set forth in this Agreement or otherwise, upon the occurrence of any Event of Default (as such term is defined in 2044 Aircraft Lease) under or in connection with 2044 Aircraft Lease, this Agreement shall automatically and immediately terminate with respect to the 2044 Aircraft.
		
	(c)
	By deleting the existing final paragraph of Section 20(A) in its entirety and inserting in place thereof the following:

Without limiting the generality of any terms or provisions of this Agreement or otherwise, Passenger hereby acknowledges and consents to the assignment by Operator of Operator’s right, title and interest in and to this Agreement (i) as it relates to the 5491 Aircraft to BALC and its successors and assigns and (ii) as it relates to the 5307 Aircraft and the 2044 Aircraft to WFEFI and its successors and assigns.

		
	(d)
	By deleting in its entirety Schedule A attached to the Agreement and replacing it in its entirety with the Schedule A attached hereto.

2.    References to Agreement.  From and after the date of this Amendment, each and every reference to “this Agreement” in the Agreement or to “the Agreement” in the Agreement and any related documents is deemed for all purposes to reference the Agreement as amended pursuant to this Amendment unless the context clearly indicates or dictates a contrary meaning.
3.    Miscellaneous.
		
	(a)
	This Amendment constitutes the entire agreement among the Operator and the Passenger with respect to the amendment of the Agreement contemplated hereby and completely and fully supersedes all other prior agreements, both written and oral, among the Operator and the Passenger relating thereto.

		
	(b)
	The Operator and the Passenger each hereby ratifies and confirms in all respects all of its obligations under the Agreement and agrees that, except to the extent expressly modified by this Amendment, the Agreement continues in full force and effect as if set forth specifically herein.

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	(c)
	All of the terms and conditions of this Amendment shall survive the execution and delivery of this Amendment.  This Amendment may be executed in any number of counterparts, all of which when taken together shall constitute but a single instrument.  The headings in this Amendment are for convenience only and shall not limit or otherwise affect any of the terms hereof.

		
	(d)
	In the event that any provision of this Amendment is for any reason held to be invalid, illegal or unenforceable, in whole or in part or in any respect, then such provision only shall be deemed null and void and shall not affect any other provision hereof, and the remaining provisions shall remain operative and in full force and effect.

		
	(e)
	This Amendment shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the internal laws of the State of Texas, without regard to its choice of law principles

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IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective duly authorized representatives as of the date first above written.
	
		
	Operator:

	 
	 

	ANADARKO PETROLEUM CORPORATION

	 
	 

	 
	 

	By:
	/s/ ROBERT K. REEVES

	Name:
	Robert K. Reeves

	Title:
	EVP, General Counsel and CAO

	 
	 

	 
	 

	Passenger:

	 
	 

	 
	/s/ R. A. WALKER

	Name:
	R.A. Walker

	 
	 

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SCHEDULE A

	
			
	Type of Aircraft
	U.S. Registration Number
	Manufacturer Serial Number

	Gulfstream G280
	N855A
	2044

	Gulfstream G550
	N288A
	5307

	Gulfstream G550
	N273A
	5273

	Gulfstream G550
	N276A
	5491

6manh-ex101_310.htm

Exhibit 10.1

 

SEVENTH AMENDMENT TO LEASE AGREEMENT

THIS SEVENTH AMENDMENT TO LEASE AGREEMENT (this "Seventh  Amendment") is entered into on the Seventh Amendment Date set forth below Landlord's signature hereto (the "Seventh Amendment Date") by and between 2300 WINDY RIDGE LLC, a Georgia limited liability company (hereinafter referred to as "Landlord"), and MANHATTAN ASSOCIATES, INC., a Georgia corporation (hereinafter referred to as "Tenant").

W I T N E S S E T H:

WHEREAS, Wildwood Associates, a Georgia general partnership (hereinafter referred to as "Wildwood"), and Tenant entered into that certain Lease Agreement dated June 25, 2001 (hereinafter referred to as the "Original Lease"), as amended by that certain First Amendment to Lease Agreement between Wildwood and Tenant dated June 10, 2002 (hereinafter referred to as the "First Amendment"), as amended by that certain Second Amendment to Lease Agreement between 2300 Windy Ridge Parkway Investors, LLC, a Delaware limited liability company (hereinafter referred to as "Investors"), as successor-in-interest to Wildwood, and Tenant dated February 21, 2007 (hereinafter referred to as the "Second Amendment"), as amended by that certain Third Amendment to Lease Agreement between Investors and Tenant dated June 14, 2007 (hereinafter referred to as the "Third Amendment"), as amended by that certain Fourth Amendment to Lease Agreement between SP4 2300 Windy Ridge, L.P., a Delaware limited partnership (hereinafter referred to as "Windy Ridge"), as successor-in-interest to Investors, and Tenant dated as of August 15, 2012 (hereinafter referred to as the "Fourth Amendment"), and as amended by that certain Fifth Amendment to Lease Agreement between Landlord, as successor-in-interest to Windy Ridge, and Tenant dated as of May 19, 2014 (hereinafter referred to as the "Fifth Amendment", as amended by that certain Sixth Amendment to Lease Agreement between Landlord and Tenant dated August 14, 2014 (“Sixth Amendment”); the Original Lease, as amended by the First Amendment, Second Amendment, Third Amendment, Fourth Amendment, Fifth Amendment, and Sixth Amendment, is hereinafter sometimes referred to as the "Lease"), pursuant to which Tenant leases certain premises in the building known as "Wildwood Center" located at 2300 Windy Ridge Parkway, Atlanta, Georgia 30339 (the "Building"), consisting, as of the Seventh Amendment Date, of 191,978 square feet of Rentable Floor Area being Floor 1 North (22,719 rsf), Floor 3 North (24,056 rsf), Floor 7 (425 rsf), Floor 8 (18,765 rsf), Floor 9 (62,576 rsf), Floor 10 (62,445 rsf), and Storage Space (398 usable sf), which premises are more particularly described in the Lease (hereinafter referred to as the "Original Premises");

WHEREAS, Landlord and Tenant desire to amend the Lease to expand the Original Premises by leasing additional certain storage space located on the basement of the North Tower of the Building containing 992 usable square feet and more particularly shown as the "Additional Storage Space" on Exhibit A-7 attached hereto and incorporated by this reference (the “Additional Storage Space").

NOW, THEREFORE, for and in consideration of Ten and No/100 Dollars ($10.00), the mutual covenants and conditions set forth herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree to amend the Lease as follows:

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1.Defined Terms.  Capitalized terms used herein, unless otherwise defined herein, shall have the same meanings as given such terms in the Lease.

2.Storage Space.  In addition to the Premises described in the Lease, commencing on  May 1, 2015 (“Additional Storage Space Commencement Date”) Landlord hereby rents and leases to Tenant, and Tenant hereby rents and leases from Landlord, the Additional Storage Space, upon the same terms and conditions as contained in the Lease for the lease of the Premises, except as follows: 

 

	
a.
	
Tenant shall pay monthly rent to Landlord for the Additional Storage Space as and when Base Rent is due under the Lease in the amount of $661.35 per month.  Base Rent shall be escalated by annually by 2% beginning July 1, 2016; 

 

	
b.
	
The lease term of the Additional Storage Space shall expire and be co-terminus with the Lease of the Premises, as it may be extended from time to time; 

 

	
c.
	
Tenant may use the Additional Storage Space only as a storage area and people may not be assigned to work therein on a full-time basis;

 

	
d.
	
Landlord shall provide only the following services to the Additional Storage Space:

 

i.electricity; and

 

ii.Janitorial service for common areas;

 

	
e.
	
The Additional Storage Space shall not be included in determining the number of parking spaces; and 

 

	
f.
	
Tenant accepts such Additional Storage Space on an "AS IS, WHERE IS" basis, "WITH ALL FAULTS" and without any representations and warranties whatsoever, and no work or improvements or any allowance therefor shall be required from Landlord for such Additional Storage Space. Tenant shall not make any improvements or alterations to the Additional Storage Space without Landlord's consent.  

 

3.Termination Option of Additional Storage Space. Nothwithstanding anything to the contrary contained in the Lease, provided Tenant is not in default under the Lease beyond any applicable notice and/or cure period, Tenant shall have the option (the “Termination Option”) to terminate the term of this Additional Storage Space any time on or after the thirty-sixth (36th) month (“Termination Date”) of the Additional Storage Space Commencement Date, by providing Landlord with written notice of such option election (the “Termination Notice”). The Termination Notice shall be effective only if it is given to the Landlord at least twelve (12) months prior to the Termination Date (the “Termination Notice Deadline”). This Termination Option is an ongoing Option.

 

   

 

4.Brokerage Commissions.  Landlord and Tenant acknowledge and agree that CBRE, Inc. ("Broker") has acted in a dual capacity in the negotiation of this Seventh Amendment 

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as broker for Landlord and as broker for Tenant. Tenant represents and warrants that it has not retained or consulted with a broker, agent or commission salesperson with respect to the negotiation of this Seventh Amendment, except for Broker, and that no commissions, fees or compensation of any kind are due and payable in connection herewith to any broker, agent or commission salesperson acting for or on behalf of Tenant, other than to Broker. Tenant agrees to indemnify and hold Landlord harmless from all loss, cost and damage suffered or incurred by Landlord as the result of any breach by Tenant of the representation and warranty contained in this Paragraph. Landlord represents and warrants that, except for Broker, no broker, agent or commission salesperson has represented Landlord in the negotiation of this Seventh Amendment, and Landlord has agreed to compensate Broker for its services in accordance with the terms of a separate commission agreement between Landlord and Broker.  

 

5.No Defaults.  Landlord and Tenant agree that there are, as of the Seventh Amendment Date, regardless of the giving of notice or the passage of time, or both, no defaults or breaches on the part of Landlord or Tenant under the Lease. 

6.Miscellaneous.  This Seventh Amendment shall become effective only upon its full execution and delivery by Landlord and Tenant. This Seventh Amendment contains the parties' entire agreement regarding the subject matter covered by it and supersedes all prior correspondence, negotiations, and agreements, if any, whether oral or written, between the parties concerning such subject matter. There are no contemporaneous oral agreements, and there are no representations or warranties between the parties not contained in this Seventh Amendment. The person executing this Seventh Amendment on behalf of Tenant does hereby covenant and warrant that Tenant is a duly authorized and existing corporation, that Tenant has full right and authority to enter into this Lease, and that the person signing on behalf of Tenant is authorized to do so. Except as modified by this Seventh Amendment, the terms and provisions of the Lease shall remain in full force and effect, and the Lease shall be binding upon and shall inure to the benefit of Landlord and Tenant, their successors and permitted assigns.

7.No Further Amendments; Ratification.  Except as expressly amended herein, all terms and conditions of the Lease remain unamended in full force and effect and are ratified and confirmed by Landlord and Tenant. In the event of any conflict between the terms and conditions of this Seventh Amendment and any of the terms and conditions of the Lease, the terms and conditions of this Seventh Amendment shall control.

IN WITNESS WHEREOF, the parties have executed this Seventh Amendment as of the date set forth below each party's signature hereto, respectively, but with intent to be bound hereby on the Seventh Amendment Date.

 

 

 

 

LANDLORD:

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2300 WINDY RIDGE LLC, a Georgia limited liability company

By:Wildwood CS, LLC, a Delaware limited liability company, its Managing Member

By: /s/ Fred Arena

Name: Fred Arena

Title: Manager

 

"Seventh Amendment Date": April 28, 2015

 

TENANT:

MANHATTAN ASSOCIATES, INC., a Georgia corporation

By: /s/ Dennis B. Story

Name: Dennis B. Story

Title: Executive Vice President and Chief Financial

           Officer

 

 

Attest: /s/ Mark McCormick

Print Name: Mark McCormick

Title: Senior Director, Contract Administration

 

[CORPORATE SEAL]

 

Date signed by Tenant: April 22, 2015

 

 

[SIGNATURE PAGE TO SEVENTH AMENDMENT]

 

 

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EXHIBIT A-7

Additional Storage Space

 

 

 

[Drawings, dimensions, plans, boundaries, furniture, fixtures and improvements shown in this Exhibit are for illustrative purposes only and are not intended to indicate the actual square footages, build out or improvements to such space]

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