Document:

EX-10.56

 Exhibit 10.56 
 EXECUTION VERSION 
 EVERTEC, INC. 

RIDER CUPEY BUILDING 
 FIRST AMENDMENT 
  

	1.	AMENDMENT. This First Amendment of Lease amends, effective as of January 1, 2006, the RIDER CUPEY BUILDING, of the Master Lease Agreement, dated
April 1, 2004 for premises hereinafter referred to as Cupey Center. This Amendment is to reflect the changes in leaseable area of premises caused by staging process programmed to relocate the Tenant’s units to and from Cupey Center, and to
establish the occupancy as per final area to be occupied. 

 The Leaseable Area of Building shall be change from
TWO HUNDRED SIXTY FIVE THOUSAND FIVE HUNDRED FIFTY ONE DOLLARS POINT TWENTY THREE (265,551.23) to TWO HUNDRED FORTY TWO THOUSAND SEVEN HUNDRED SIXTY EIGHT POINT EIGHTY NINE (242,768.89). Except as hereinafter provided, the RIDER CUPEY BUILDING
dated April 1, 2004, and all its terms, provisions, covenants and conditions will remain in full force and effect. 
  

	2.	MEMORANDUM OF LEASE. This Memorandum RIDER is an integral part of the Master Lease Agreement and all of the terms hereof are incorporated into the agreement in
all respects. Whenever used in the Master Lease Agreement the defined terms shall have the meaning set forth in this RIDER: 

  

					
		 	 a.      Date:
	  	January 1st, 2006
			
		 	 b.      Landlord:
	  	 Banco Popular de Puerto Rico

(including its successors or assigns).

			
		 	 c.      Landlord Representative:
	  	Jaime L. Nazario Yordán
			
		 	 d.      Landlord’s Mailing Address:
	  	 Real Estate Division (716)

Banco Popular de Puerto Rico
 P.O. Box
362708
 San Juan, Puerto Rico 00936-2708

			
		 	 e.      Tenant:
	  	EVERTEC, Inc.
			
		 	 f.       Tenant’s Representative:
	  	Luis Abreu Rigual
			
		 	 g.      Tenant’s Billing Address:
	  	Cupey Center Building

					
		 		  	 Banco Popular de Puerto Rico

P.O. Box 362708
 San Juan, Puerto Rico
00936-2708

			
		 	 h.      Tenant’s Trade Name:
	  	EVERTEC
			
		 	 i.       Leased Premises:
	  	Cupey Center
			
		 	 j.       Permitted Use:
	  	Information technology services
			
		 	 k.      Leaseable Area of Premises:
	  	

  

											
	 	  	 Original

Area
	  	 Modification

1/1/05
	  	 Modification

5/1/05
	  	 Modification

9/1/05
	  	 Modification

1/1/06

	 Building A1
	  	  28,896.77	  	  28,896.77	  	  28,896.77	  	  28,896.77	  	  30,481.05
						
	 Building A2
	  	  48,395.09	  	  48,395.09	  	  48,395.09	  	  48,395.09	  	  49,327.78
						
	 Building A3
	  	  43,457.44	  	  43,457.44	  	  50,475.49	  	  50,475.49	  	  50,314.69
						
	 Building B1
	  	  15,545.24	  	  15,545.24	  	  20,332.51	  	  20,332.51	  	  29,710.55
						
	 Building B2
	  	    4,630.01	  	    4,630.01	  	    4,630.01	  	  16,050.88	  	  30,596.11
						
	 Building C3
	  	      2,795.01	  	    2,795.01	  	    2,795.01	  	    2,795.01	  	    2,780.98
						
	 Building D1
	  	    7,081.87	  	    7,081.87	  	    7,081.87	  	    7,081.87	  	    6,953.06
						
	 Building D2
	  	    6,526.42	  	    5,321.21	  	    5,321.21	  	    5,321.21	  	    5,951.46
		  	  
	  	  
	  	  
	  	  
	  	  

	 Total
	  	157,327.85	  	156,122.64	  	167,927.96	  	179,348.83	  	206,115.68

  

					
		 	 l.       Leaseable Area of Building:
	  	242,768.89 rentable square fee
			
		 	 m.     Tenant’s Proportionate Share of Operating
	  	

  
 2 

					
		 	          Expenses ((l) ÷ (m)):
	  	

  

											
	 	 	 Original

Area
	  	Modification
1/1/05	  	Modification
5/1/05	  	Modification
9/1/05	  	Modification
1/1/06
		 	.59246	  	.6425	  	.6911	  	.7381	  	.8482

  

									
		 	 n.      Original Lease Commencement Date:
	  	April 1st, 2004
			
		 	 o.      Amendment Date:
	  	January 1st, 2006
			
		 	 p.      Basic Rent
	  	
				
		 		 	 1.      Annual Basic Rent:
	  	$14.42 per sq. ft. — $2,972,188.11 from 1/1/06 to 3/31/06
				
		 		 	 2.      Monthly Basic Rent:
	  	$247,682.34
			
		 	 q.      Additional Rent
	  	
				
		 		 	 1.      Annual Additional Rent:
	  	$7.64 per sq. ft. — $1,574,723.80 per year (operating expenses as estimated from 1/1/06 to 3/31/06, to be adjusted as indicated in Section 12 of the Master Lease
Agreement, including the Parking Garage)
				
		 		 	 2.      Monthly Additional Rent:
	  	$131,226.98 per month
			
		 	 r.       Original Termination Date:
	  	March 31, 2005
			
		 	 s.      Renewal Term:
	  	On a year to year basis up to four renewal options
			
		 	 t.       Renewal Term Basic Rent:
	  	Increase of 3% each year over the prior year’s Basic Rent effective on the anniversary date
			
		 	 u.      Late Payment Charge:
	  	10% of any unpaid amount

  

	3.	COMMENTS. 

  

	 	a.	The electricity will be charged separately based on actual consumption. 

  

	 	b.	The leaseable area of premises is subject to revision to reflect any change in occupancy. 

 

	4.	ATTACHMENTS. The following documents are attached to and made a part of the Rider. Tenant shall comply with all the terms and conditions contained in each of
these documents. 

  

	 	a.	Space Plan — Attachment A 

  

	 	b.	Landlord Furnished Service — Attachment B (N/A) 

  
 3 

									
	Tenant	 	 	 	Landlord
		
	EVERTEC, Inc.	 	BANCO POPULAR DE PUERTO RICO
					
	 By:
	 	 /s/ Luis Abreu Rigual
	 		 	By:	 	/s/ Héctor SANTIAGO GÓMEZ
		 	LUIS ABREU RIGUAL	 		 	HÉCTOR SANTIAGO GÓMEZ
				
		 		 	By:	 	/s/ Naydamar López Ramirez        
		 		 		 	NAYDAMAR LÓPEZ RAMIREZ

  
 4EX-10.57

 Exhibit 10.57 
 EXECUTION VERSION 
 EVERTEC, INC, 

SECOND AMENDMENT 

RENEWAL 

MEMORANDUM OF LEASE 
  

	1.	AMENDMENT: This Second Amendment is attached to and made a part of that certain Master Lease Agreement dated April 1, 2004 and First Amendment dated
January 1, 2006, entered into by and between Landlord and Tenant concurrently herewith. Tenant hereby requests, and Landlord hereby grants, a renewal of the Lease Agreement as modified effective as of April 1, 2010. This Amendment reflects
a change in the leaseable area of premises caused by increasing 12,893.17 square feet being used as warehouse and 1,357.52 square feet used as an office in the Staging Area and reducing 2,780.98 square feet from Building C3. Also some other
adjustments to the square footage of premises have been taken in consideration from previous Amendment. 

 The
Leaseable Area of Premises is hereby changed from TWO HUNDRED FORTY TWO THOUSAND SEVEN HUNDRED SIXTY EIGHT POINT EIGHTY NINE (242,768.89) to TWO HUNDRED FIFTY ONE THOUSAND THREE HUNDRED FIFTY FOUR POINT FIFTY FOUR (251,354.54). Except as
hereinafter provided, the Master Lease dated April 1, 2004 and First Amendment dated January 1, 2006, and all its terms, provisions, covenants and conditions will remain in full force and effect. 

 

	2.	MEMORANDUM OF LEASE: This Memorandum is an integral part of the Master Lease Agreement and all of the terms hereof are incorporated into the agreement in all
respects. Whenever used in the Master Lease Agreement the defined terms shall have the meanings set forth in this Memorandum. 

  

					
		 	 a.      Date:
	  	April 23, 2010
			
		 	 b.      Landlord:
	  	Banco Popular de Puerto Rico
			
		 	 c.      Representative of Landlord:
	  	Mr. Héctor Santiago Gómez and
		 		  	Mrs. Coralee A. Coll
			
		 	 d.      Address of Landlord:
	  	Real Estate Division (716)
		 		  	Banco Popular de Puerto Rico
		 		  	P.O. Box 362708
		 		  	San Juan, Puerto Rico 00936-2708
			
		 	 e.      Tenant:
	  	EVERTEC, INC
			
		 	 f.       Representative of Tenant:
	  	Mr. Omar Dávila
			
		 	 g.      Tenant’s Address:
	  	P.O. Box 364527
		 		  	San Juan, Puerto Rico
			
		 	 h.      Tenant’s Trade Name:
	  	EVERTEC, INC.

													
		 	 i.       Premises:
	  	Cupey Center
			
		 	 j.       Permitted Use:
	  	Information Technology Services
					
	 	 	k.      Leaseable Area of Premises:	  	 Building
	  	 Area Leased
	  	 
		 		 		 		  	Building A1	  	30,485.40	  	
		 		 		 		  	Building A2	  	47,867.84	  	
		 		 		 		  	Building A3	  	50,626.00	  	
		 		 		 		  	Building B1	  	29,798.12	  	
		 		 		 		  	Building B2	  	28,138.92	  	
		 		 		 		  	Building D1	  	3,878.38	  	
		 		 		 		  	Building D2	  	6,589.95	  	
		 		 		 		  	Anexo Staging	  	1,357.52	  	
		 		 		 		  	  
	  	  
	  	
		 		 		 		  	Sub-Total	  	198,742.13	  	
		 		 		 		  	Warehouse	  	12,893.17	  	
		 		 		 		  		  	  
	  	
		 		 		 		  	TOTAL	  	211,635.30	  	
			
		 	 l.       Leaseable Area of Building:
	  	251,354.54 rentable square feet
			
		 	 m.     Tenants Proportionate Share (K+L):
	  	0.7907% (excluding Warehouse area)
			
		 	 n.      Lease Term:
	  	Five (5) Years
			
		 	 o.      Commencement date:
	  	April 1, 2010
			
		 	 p.      Basic Rent:
	  	
					
		 		 		 	 1.      Annual Basic Rent:
	  	Offices area: $16.72 per 198,742.13 sq. ft. $3,322,968.41 and Warehouse area: at $8.24 per 12,893.17 sq. ft. $106.239.72 A 3% increase will apply for each
consecutive year
					
		 		 		 	 2.      Monthly Basic Rent:
	  	Offices areas: $276,914.03 per month and Warehouse area: $8,853.31 per month for the first year
				
		 		 	 q.      Additional Rent:
	  	
					
		 		 		 	 1.      Annual Additional Rent:
	  	$9.92 per 198,742.13 sq. ft. $1,971,521.93 (as estimated operating expenses of Building and Parking Garage, to be adjusted as indicated in Section 11 of the Master
Lease
					
		 		 		 	 2.      Monthly Additional Rent:
	  	$164,293.49 (subject to revision as indicated in Section 11 of the Master Lease Agreement)

  
 2 

					
		  	 r.       Security Deposit:
	  	None
			
		  	 s.      Termination Date:
	  	March 31, 2015
			
		  	 t.       Renewal Options:
	  	On a year to year basis up to five (5) renewals options
			
		  	 u.      Renewal Term of Basic Rent:
	  	Increase of 3% each year over the prior year’s Basic Rent effective on the anniversary date
			
		  	 v.      Late Charge:
	  	12% of any unpaid amount
			
		  	 x.      Tenant’s Insurance Coverage:
	  	
		
		  	 Comprehensive General Liability Insurance, including bodily injury, property damage, personal injury and advertising injury with a
minimum limit of insurance of $1,000,000.00 per occurrence and $2,000,000.00 aggregate. Legal Liability coverage covering the premises and leasehold improvements in the premises and all Tenant’s equipment, trade fixtures, appliances,
furnishings and personal property, also protection against all perils included in the classification of fire, earthquake, windstorm, vandalism, flood, theft and sprinkler leakage. Tenant’s Insurance Certificates shall be on behalf of Banco
Popular de Puerto Rico and Popular, Inc. with the Hold Harmless Clause, Additional Insured or Loss Payee Clause, 60-days Cancellation Notice Clause, and Waiver of Subrogation. Fire Legal Liability coverage in the minimum amount of One Hundred
Thousand Dollars ($100,000.00).

  

	3.	COMMENTS: 

  

	 	a.	The electricity will be charged separately based on actual consumption. 

  

	 	b.	The leaseable area of premises is subject to revision to reflect any change in occupancy. 

 

	4.	ATTACHMENTS: 

  

	 	a.	Space Plans — Attachments A 

  
 3 

											
	 	 	Tenant	 	 	 	Landlord	 	 
		
	EVERTEC, INC.	 	BANCO POPULAR DE PUERTO RICO
						
	 By:
	 	 /s/ Omar Davila
	 		 	By:	 	 /s/ Hector Santiago Gomez
	 	
		 	OMAR DAVILA	 		 		 	HECTOR SANTIAGO GOMEZ	 	
		 	VICE PRESIDENT	 		 		 	VICE PRESIDENT	 	
						
		 		 		 	By:	 	 /s/ Coralee A. Coll
	 	
		 		 		 		 	CORALEE A. COLL	 	
		 		 		 		 	OFFICER	 	

  
 4

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