Document:

First Amendment to the Stock Option Plan Agreement

 Exhibit 10.12 
  
 FIRST AMENDMENT TO THE 
 STOCK OPTION PLAN AGREEMENT 
  
 THIS FIRST AMENDMENT, made this 12th day of August, 2005, by Gencor Industries, Inc. (the
“Company”) and                      (the “Optionee”) 
  
 W I T N E S S E T H: 
  

WHEREAS, the Company established the Gencor Industries, Inc. 1997 Stock Option Plan (the “Plan”); and 
  
 WHEREAS, in accordance with the Plan, the Company and Optionee entered
into a Stock Option Agreement effective as of March 30, 2001 (the “Stock Option Agreement”); and 
  
 WHEREAS, the Company and Optionee desire to amend the Stock Option Agreement; 
  
 NOW, THEREFORE, in consideration of the mutual covenants hereinafter set forth and for other good and valuable
consideration, the parties hereto have agreed, and do hereby agree, to amend the Stock Option Agreement effective as of August 15, 2005 as follows: 
  
 1. Section 7 of the Agreement is hereby amended to read as follows: 
  
 “7. Medium of Payment. The purchase price for those Shares with respect to which this Option, and any
withholding or employment taxes required to be paid by the Optionee in connection with the exercise of the Option (and/or receipt and/or vesting of any Shares received upon exercise of the Option) shall be payable in any of the following manners:
(a) cash, (b) certified or official bank check, (c) money order, (d) Shares that have been held by the Optionee for at least six (6) months (or such other Shares as the Committee determines will not cause the Company to recognize for financial
accounting purposes a charge for compensation expense), (e) pursuant to a “cashless exercise” procedure, by delivery of a properly executed exercise notice together with such other documentation, and subject to such guidelines, as the
Committee shall require to effect an exercise of the Option and delivery to the Company by a licensed broker acceptable to the Company of proceeds from the sale of Shares sufficient to pay the exercise price and 

 any applicable income or employment taxes, (f) the withholding of Shares otherwise deliverable upon exercise of the
Option (to the extent that the Committee determines that the withholding will not cause the Company to recognize for financial accounting purposes a charge for compensation expense), or (g) in such other consideration as the Committee deems
appropriate, or by a combination of the above.” 
  
 2. The
following new Section 23 is hereby added to the Stock Option Agreement to read as follows: 
  
 “23. Issuance of Non-Vested Shares. In the event that the Optionee exercises all or any portion of this Option, a portion of the Shares received by the Optionee upon exercise of the Option (the
“Non-Vested Portion”) shall be subject to the provisions of this Section 23. For purposes of this Agreement, the number of Shares (the “Non-Vested Shares”) that shall constitute the Non-Vested Portion shall be that number of
Shares (rounded down to the nearest whole share) that have a Fair Market Value on the date on which the Option is exercised (the “Exercise Date”) equal to the product of (i) the number of Shares with respect to which the Option is being
exercised multiplied by (ii) the amount by which the Fair Market Value of a Share on the Exercise Date exceeds the purchase price of the Shares. 
  
 (a) Vesting of Non-Vested Shares. The Non-Vested Shares acquired upon exercise of the Option shall become vested in accordance with the following
provisions: 
  
 (i) All of the Non-Vested Shares shall become
fully vested on December 31, 2007 if the Optionee’s Continuous Service has not terminated prior to December 31, 2007. 
  
 (ii) The Non-Vested Shares shall become fully vested in the event that on or before December 31, 2007, either of the following occurs: (1) termination of
the Optionee’s Continuous Service (x) by reason of the Optionee’s death, or in the event the Optionee is determined by a medical doctor satisfactory to the Committee to have suffered a Disability, (y) by the Company without Cause, or (z)
by the Optionee for Good Reason, or (2) a Change in Control of the Company during the Optionee’s Continuous Service. 
  
 (b) Forfeiture of Non-Vested Shares. If the Optionee’s Continuous Service is terminated or ceases, any Non-Vested Shares that have not
previously vested pursuant to Section 23(a) and that do not vest on account of such termination or cessation shall automatically and without notice be forfeited immediately upon such event or occurrence and revert back to the Company, without any
payment or other consideration to the Optionee. The Compensation Committee of the Company’s Board of Directors shall have the power and authority to enforce on behalf of the Company any and all rights of the Company under this Agreement in the
event of the Optionee’s forfeiture of Non-Vested Shares pursuant to this Section 23(b). 

 (c) Delivery of Non-Vested Shares. 
  
 (i) One or more stock certificates evidencing the Non-Vested Shares shall be issued in the name of the Optionee but shall
be held and retained by the Records Administrator of the Company until the date (the “Applicable Date”) on which the Non-Vested Shares become vested pursuant to Section 23(a). All such stock certificates shall bear the following legends,
along with such other legends that the Company’s Board of Directors of the Company shall deem necessary and appropriate or which are otherwise required or indicated pursuant to any applicable stockholders agreement: 
  
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO SUBSTANTIAL
VESTING AND OTHER RESTRICTIONS AS SET FORTH IN THE STOCK OPTION AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH RESTRICTIONS ARE BINDING ON TRANSFEREES
OF THESE SHARES, AND INCLUDE VESTING CONDITIONS WHICH MAY RESULT IN THE COMPLETE FORFEITURE OF THE SHARES. 
  
 (ii) The Optionee shall deposit with the Company stock powers or other instruments of transfer or assignment, duly endorsed in blank with signature(s)
guaranteed, corresponding to each certificate representing the Non-Vested Shares until such shares become vested. If the Optionee shall fail to provide the Company with any such stock power or other instrument of transfer or assignment, the Optionee
hereby irrevocably appoints the Secretary of the Company as his attorney-in-fact, with full power of appointment and substitution, to execute and deliver any such power or other instrument which may be necessary to effectuate the transfer of the
Non-Vested Shares (or assignment of distributions thereon) on the books and records of the Company. 
  
 (iii) On or after Applicable Date, upon written request to the Company by the Optionee, the Company shall promptly cause a new certificate or
certificates to be issued for and with respect to all shares that become vested on that Applicable Date, which certificate(s) shall be delivered to the Optionee as soon as administratively practicable after the date of receipt by the Company and the
Optionee’s written request. The new certificate or certificates shall continue to bear those legends and endorsements that the Company shall deem necessary or appropriate (including those relating to restrictions on transferability and/or
obligations and restrictions under the Securities Laws). 
  
 (d)
Non-Transferability of Non-Vested Shares. The Non-Vested Shares are not transferable unless and until they become vested in accordance with Section 23(a) of this Agreement. The terms of this Agreement shall be binding upon the executors,
administrators, heirs, successors and assigns of the Optionee. Any attempt to effect a Transfer of any Non-Vested Shares prior to the date on which the shares become 

 vested pursuant to this Agreement shall be void ab initio. For purposes of this Agreement, “Transfer” shall
mean any sale, transfer, encumbrance, gift, donation, assignment, pledge, hypothecation, or other disposition, whether similar or dissimilar to those previously enumerated, whether voluntary or involuntary, and including, but not limited to, any
disposition by operation of law, by court order, by judicial process, or by foreclosure, levy or attachment. 
  
 (e) Tax Matters; Section 83(b) Election. 
  
 (i) If the Optionee properly elects, within thirty (30) days of the date on which the Option is exercised, to include in gross income for federal income
tax purposes an amount equal to the fair market value (as of the date on which the Option is exercised) of the Non-Vested Shares pursuant to Section 83(b) of the Internal Revenue Code of 1986, as amended (the “Code”), the Optionee shall
make arrangements satisfactory to the Company to pay to the Company any federal, state or local income taxes required to be withheld with respect to the Non-Vested Shares. If the Optionee shall fail to make such tax payments as are required, the
Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be issued to the Optionee under this Agreement) otherwise due to
the Optionee any federal, state or local taxes of any kind required by law to be withheld with respect to the Non-Vested Shares. 
  
 (ii) If the Optionee does not properly make the election described in Subsection 23(e)(i) above, the Optionee shall, no later than the date as of which
any Non-Vested Shares become vested pursuant to section 23(a) hereof, pay to the Company, or make arrangements satisfactory to the Board for payment of, any federal, state or local taxes of any kind required by law to be withheld with respect to the
Non-Vested Shares that become vested, and the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind (including without limitation, the withholding of any Shares that otherwise would be issued to the
Optionee under this Agreement) otherwise due to Optionee any federal, state, or local taxes of any kind required by law to be withheld with respect to the Non-Vested Shares. 
  
 (iii) Tax consequences to the Optionee (including without limitation federal, state, local and foreign income tax
consequences) with respect to the Non-Vested Shares (including without limitation the grant, vesting and/or forfeiture thereof) are the sole responsibility of the Optionee. The Optionee shall consult with his or her own personal accountant(s) and/or
tax advisor(s) regarding these matters, the making of a Section 83(b) election, and the Optionee’s filing, withholding and payment (or tax liability) obligations. 
  
 (f) For purposes of this Section 23, the following terms shall have the following meanings: 
  
 (i) “Cause” shall have the equivalent meaning (or the same
meaning as “cause” or “for cause”) set forth in any employment agreement, consulting, or other agreement for the performance of services between the Optionee, and the 

 Company or a Related Entity or, in the absence of any such agreement or any such definition in such agreement, such term
shall mean (i) an action or omission of the Optionee which constitutes a willful and material breach of, or willful and material failure or refusal (other than by reason of his disability or incapacity) to perform his duties and responsibilities to
the Company which is not cured within fifteen (15) days after receipt by the Optionee of written notice of same, (ii) fraud, embezzlement, misappropriation of funds or breach of trust in connection with his services to the Company, or (iii) a
conviction of any crime which involves dishonesty or a breach of trust. Any termination for Cause shall be made by notice in writing to the Optionee, which notice shall set forth in reasonable detail all acts or omissions upon which the Company is
relying for such termination. The Optionee shall have the right to address the Company’s Board of Directors regarding the acts set forth in the notice of termination and may be represented by counsel at that meeting of the Board. 
  
 (ii) “Change in Control” shall mean the occurrence of any of the
following: 
  
 (1) The acquisition by any Person of Beneficial
Ownership within the meaning of Rule 13d-3 promulgated under the Exchange Act of more than fifty percent (50%) of either (A) the then outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (B) the
combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities) (the foregoing Beneficial Ownership hereinafter being referred
to as a “Controlling Interest”); provided, however, that for purposes of this Section 23(f)(ii)(1), the following acquisitions shall not constitute or result in a Change of Control: (x) any acquisition by any Person that as of the date on
which the Option is exercised owns Beneficial Ownership of a Controlling Interest; (y) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any Related Entity; or (z) any acquisition by any
corporation pursuant to a transaction which complies with clauses (A), (B) and (C) of subsection (3) below; or 
  
 (2) During any period of two (2) consecutive years (not including any period prior to the date on which the Option is exercised) individuals who
constitute the Board on the date on which the Option is exercised (the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the
date on which the Option is exercised whose election, or nomination for election, by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though
such individual were a member of the Incumbent Board, but excluding, for this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of
directors or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board; or 
  
 (3) Consummation of a reorganization, merger, statutory share exchange or consolidation or similar corporate transaction involving the 

 Company or any of its Subsidiaries, a sale or other disposition of all or substantially all of the assets of the Company,
or the acquisition of assets or stock of another entity by the Company or any of its Subsidiaries (each a “Business Combination”), in each case, unless, following such Business Combination, (A) all or substantially all of the individuals
and entities who were the Beneficial Owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than fifty
percent (50%) of the then outstanding shares of common stock and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such
Business Combination (including, without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially
the same proportions as their ownership, immediately prior to such Business Combination of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be, (B) no Person (excluding any employee benefit plan (or
related trust) of the Company or such corporation resulting from such Business Combination) or any Person that as of the date on which the Option is exercised owns Beneficial Ownership of a Controlling Interest) beneficially owns, directly or
indirectly, fifty percent (50%) or more of the then outstanding shares of common stock of the corporation resulting from such Business Combination or the combined voting power of the then outstanding voting securities of such corporation except to
the extent that such ownership existed prior to the Business Combination and (C) at least a majority of the members of the Board of Directors of the corporation resulting from such Business Combination were members of the Incumbent Board at the time
of the execution of the initial agreement, or of the action of the Board, providing for such Business Combination; or 
  
 (4) Approval by the shareholders of the Company of a complete liquidation or dissolution of the Company. 
  
 (iii) “Continuous Service” shall mean the continuous service to
the Company or any Related Entity, without interruption or termination, in any capacity of an employee, director or consultant. Continuous Service shall not be considered interrupted in the case of (i) any approved leave of absence, (ii) transfers
among the Company, any Related Entity, or any successor, in any capacity of an employee, director or consultant, or (iii) any change in status as long as the individual remains in the service of the Company or any Related Entity in any capacity of
an employee, director or consultant. An approved leave of absence shall include sick leave, military leave, or any other authorized personal leave. 
  
 (iv) “Disability” shall mean a permanent and total disability (within the meaning of Section 22(e) of the Code), as determined by a medical
doctor satisfactory to the Committee. 
  
 (v) “Good
Reason” shall have the equivalent meaning (or the same meaning as “good reason” or “for good reason”) set forth in any employment agreement, consulting, or other agreement for the performance of services between the

 Optionee, and the Company or a Related Entity or, in the absence of any such agreement or any such definition in such
agreement, such term shall mean (i) the assignment to the Optionee of any duties inconsistent in any respect with the Optionee’s position (including status, titles and reporting requirements), authority, duties or responsibilities, or any other
action by the Company which results in a diminution in such position, authority, duties or responsibilities, excluding for this purpose an isolated, insubstantial and inadvertent action not taken in bad faith and which is remedied by the Company
promptly after receipt of notice thereof given by the Optionee; (ii) any failure by the Company to comply with any of its obligations to the Optionee, other than an isolated, insubstantial and inadvertent failure not occurring in bad faith and which
is remedied by the Company promptly after receipt of notice thereof given by the Optionee; or (iii) the Company’s requiring the Optionee to be based at any office or location outside of Orlando, Florida except for travel reasonably required in
the performance of the Optionee’s responsibilities. 
  
 (vi)
“Person” shall have the meaning ascribed to such term in Section 3(a)(9) of the Securities Exchange Act of 1934 and used in Sections 13(d) and 14(d) thereof, and shall include a “group” as defined in Section 13(d) thereof.

  
 (vii) “Related Entity” shall mean any Subsidiary,
and any business, corporation, partnership, limited liability company or other entity in which the Company or a Subsidiary holds a substantial ownership interest, directly or indirectly. 
  
 (viii) “Subsidiary” shall mean any corporation or other entity in which the Company has a direct or indirect
ownership interest of 50% or more of the total combined voting power of the then outstanding securities or interests of such corporation or other entity entitled to vote generally in the election of directors or in which the Company has the right to
receive 50% or more of the distribution of profits or 50% or more of the assets on liquidation or dissolution. 
  
 3. The following new Section 24 is hereby added to the Stock Option Agreement to read as follows: 
  
 “24. Attestation. If and to the extent that the Optionee
satisfies the purchase price upon exercise of the Option, and/or the Optionee’s obligation to pay any withholding or employment taxes resulting from the exercise of the Option and/or receipt or vesting of Shares received as a result of the
Optionee’s exercise of the Option, by the delivery of Shares, he may instead, subject to procedures satisfactory to the Committee, satisfy such delivery requirement by presenting proof of beneficial ownership of such Shares, in which case the
Company shall treat the Option as exercised (and the withholding and employment taxes paid) without further payment and shall withhold such number of Shares from the Shares acquired by the exercise of the Option.” 
  
 4. In all other respects, the Stock Option Agreement shall remain unchanged
by this Amendment. 

 IN WITNESS WHEREOF, the parties have caused this instrument to be executed the day and year first
above written. 
  

			
	GENCOR INDUSTRIES, INC.
		
	 By:Third Amendment to Lease

 Exhibit 10.5 
  
 THIRD AMENDMENT TO LEASE 
  
 THIS THIRD AMENDMENT TO LEASE (this “Third Amendment”) is made as of February 4, 2005 (the “Effective Date”) between C&B
VENTURES – NAPA TWO, LLC, a California limited liability company (“Landlord”), and SONIC SOLUTIONS, a California corporation (“Tenant”). 
  
 RECITALS 
  
 A. Novato Gateway Associates, a California general partnership, Landlord’s predecessor-in-interest, and Tenant entered into a Golden Gate Plaza Full
Service Lease dated as of January 26, 1995, as amended by an Amendment to Lease dated as of November 20, 2000 and a Second Amendment to Lease dated as of July 2, 2004 (collectively, the “Lease”), whereby Tenant has leased
approximately 38,345 rentable square feet of space in the building commonly known as 101 Rowland Way located in Novato, California. Capitalized terms not otherwise defined in this Third Amendment shall have the meanings given to such terms in
the Lease. 
  
 B. Landlord and Tenant seek to extend the term of
the Lease and to otherwise amend the Lease as provided in this Third Amendment. 
  
 AGREEMENT 
  
 NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 
  
 1. Extension of the Term. The “Renewal Commencement Date” shall mean February 1, 2005. The term of the
Lease, which was originally set to expire on May 31, 2006, is hereby extended so that the term of the Lease will now expire on January 31, 2010. 
  
 2. Base Rent. Commencing on the Renewal Commencement Date, the monthly Base Rent shall be as follows: 
  

				
	 Period

	  	Monthly Base Rent

	 February 1, 2005 - January 31, 2006
	  	$	88,193.50
	 February 1, 2006 - January 31, 2007
	  	$	90,839.31
	 February 1, 2007 - January 31, 2008
	  	$	93,564.48
	 February 1, 2008 - January 31, 2009
	  	$	96,371.42
	 February 1, 2009 - January 31, 2010
	  	$	99,262.56

  
 The parties agree that
the size of the Premises shall conclusively be 38,345 rentable square feet, regardless of whether the actual size of the Premises (whether rentable or useable) is greater or less than this specified size. 
  
 3. Base Year. Commencing on the Renewal Commencement Date, the Base
Year shall be 2005. 
  

 1 

 4. Percentage Share. Commencing as of the Renewal Commencement Date, (i) Tenant’s
percentage share of Property Taxes and Operating Expenses for the Premises shall be calculated based on 38,345 rentable square feet, (ii) Tenant’s percentage share of Operating Expenses allocated to the Building shall be sixty-one and
52/100ths percent (61.52%), and (iii) Tenant’s percentage share of Operating Expenses allocated to the Project shall be thirty-three and 5/100ths percent (33.05%). 
  
 5. Tenant Improvement Allowance. Landlord shall provide Tenant with a tenant improvement allowance of up to Two
Hundred Sixty-Eight Thousand Four Hundred Fifteen Dollars ($268,415.00) (the “Renewal TI Allowance”), to be applied by Tenant only toward the cost of refurbishing the Premises (e.g., walls, offices, conference rooms and other similar
improvements, new carpet, paint, power upgrades [excluding, however, any upgrades to redundant power sources such as uninterrupted power supply and back-up generators], HVAC work, lighting, etc.) (“Refurbishing”). Tenant cannot use the
Renewal TI Allowance to pay for furniture or trade fixtures or for any other purpose other than Refurbishing the Premises. 
  
 Once Tenant has completed and paid for one or more particular Refurbishing projects, Landlord shall reimburse Tenant for the costs of such Refurbishing
work, in an aggregate amount not to exceed the Renewal TI Allowance, within thirty (30) days after Landlord’s receipt of the following: (i) a written request for reimbursement that itemizes, on a line item basis, the Refurbishing
costs for which Tenant seeks payment, (ii) invoices, contracts and other documents that reasonably evidence that Tenant has actually incurred Refurbishing costs in an amount equal to or exceeding the Renewal TI Allowance (provided, however,
Tenant can request multiple draws upon the Renewal TI Allowance for multiple Refurbishing projects so long as the total amount of all draws does not exceed the maximum Renewal TI Allowance of $268,415.00), (iii) final, unconditional lien
releases from all contractors and material and service providers who have provided materials and services for the Refurbishing work, which lien releases comply with California Civil Code Section 3262(d), and (iv) such other documents and
information as Landlord shall reasonably request. 
  
 6. Right
of First Offer. Subject to all existing rights of expansion, rights of first refusal, rights of first offer or similar rights given to existing tenants or occupants of the Building, if Landlord anticipates that space on the second and third
floors of the Building (the “Expansion Space”) will become available due to the expiration or earlier termination of leases or other occupancy agreements for such Expansion Space, then Landlord shall provide written notice to Tenant (the
“Availability Notice”) stating: (i) the anticipated availability of the Expansion Space, (ii) the then-current fair market value of such Expansion Space (including base rent, base year, increases in base rent, tenant improvement
allowances and other relevant economic terms), as determined by Landlord in its reasonable business judgment, and (iii) Landlord’s good faith estimate of the date such space will become available for Tenant’s occupancy (the
“Anticipated Expansion Commencement Date”). Landlord shall provide the Availability Notice to Tenant no earlier than seven months prior to the anticipated date the Expansion Space will become available. 
  
 Tenant shall have thirty (30) days after receipt of the Availability
Notice to notify Landlord in writing if it elects to lease the Expansion Space. If Tenant timely notifies Landlord of its election to lease the Expansion Space, then, commencing upon the date Landlord delivers 

  

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possession of the Expansion Space to Tenant, but in no event earlier than the Anticipated Expansion Commencement Date unless otherwise agreed to by Tenant,
the Expansion Space shall become part of the Premises, the Lease shall be deemed amended to incorporate the economic terms for the Expansion Space as set forth in the Availability Notice, and the term of the Lease with respect to the Expansion Space
shall run concurrently with the term of the Lease with respect to the balance of the Premises. Upon the request of either party, the parties shall execute a written Lease amendment that incorporates the terms described in this Paragraph 5. Although
the failure of the parties to enter into such an amendment shall not diminish the rights and obligations of Landlord and Tenant with respect to the Expansion Space as described in this Paragraph 5. 
  
 If Tenant elects not to lease the Expansion Space, or Tenant fails to respond
within the 30 day period described above, then Tenant shall no longer have the right to lease the Expansion Space, and Landlord shall be free to market and lease the Expansion Space on such terms and conditions as it elects, for a period of six
months following Tenant’s election or deemed election to forego leasing the Expansion Space. If Landlord has not leased the Expansion Space during this six month period, then Landlord must again provide the Availability Notice to Tenant and
afford Tenant the opportunity to expand into the Expansion Space on the terms as provided in this Paragraph 5 before Landlord can continue to market and/or lease the Expansion Space. 
  
 7. Brokers. Tenant represents and warrants that The Staubach Company is the exclusive broker for Tenant in connection
with this transaction. If a broker or finder (other than The Staubach Company) claims that it represented Tenant in connection with this Third Amendment and that it is entitled to a commission or finder’s fee, then Tenant shall indemnify,
protect and defend Landlord from all loss, claim, cause of action, cost, expense and liability arising out of such claim, including reasonable attorneys’ fees. Landlord shall pay the commission owing to The Staubach Company in the amount of
$167,882.00, equal to four percent (4%) of the Base Rent to be paid by Tenant over the incremental term of the Lease created under this Third Amendment beyond Tenant’s lease obligations existing prior to this Third Amendment. Landlord
shall pay this commission to The Staubach Company promptly after this Third Amendment has been fully executed. 
  
 8. Counterparts. This Third Amendment may be executed in any number of counterparts, each of which shall constitute an original hereof and all of
which shall constitute one and the same document. 
  
 9. Entire
Agreement. This Third Amendment and the documents described herein contain the entire agreement between the parties hereto with respect to the matters described herein and supersede all prior agreements, oral or written, between the parties
hereto with respect to such matters. This Third Amendment constitutes a part of and is incorporated into the Lease, and the Lease, as amended by this Third Amendment, remains in full force and effect. In the event of any conflict between the terms
of this Third Amendment and the terms of the Lease, the terms of this third Amendment shall govern. 
  
 10. Representations and Warranties. Tenant and Landlord hereby represent, warrant and agree as follows: (i) Landlord represents and warrants
that it is the Owner of the Property and has the right and authority to enter into this Lease and convey the leasehold interest 

  

 3 

 
conveyed hereunder; (ii) Landlord and Tenant each represent and warrant that, to their actual knowledge, without investigation, as of the date of this
Third Amendment, there exists no breach, default or event of default under the Lease, as amended by this Third Amendment, or any event or condition which, with notice or passage of time or both, would constitute a breach, default or event of default
on the part of Tenant or Landlord under the Lease, as amended by this Third Amendment; and (iii) Tenant represents and warrants that, to its actual knowledge, without investigation, as of the date of this Third Amendment, Tenant has no offset
or defense to its performance or obligations under the Lease, as amended by this Third Amendment. Furthermore, each individual executing this Lease on behalf of Tenant, as a California corporation, or on behalf of Landlord, as a California limited
liability company, represents and warrants that he or she is duly authorized to execute and deliver this Lease on behalf of Tenant or Landlord, respectively, and that this Lease is binding upon Tenant and Landlord in accordance with their respective
articles of incorporation and bylaws, or operating agreement. 
  
 IN WITNESS WHEREOF, Landlord and Tenant have executed this third Amendment as of the date first written above. 
  

							
	LANDLORD:	 	 C&B VENTURES-NAPA TWO, LLC.
 a California
limited liability company

			
	 	 	 By:
	 	 G&W Ventures, LLC.
 a California limited
liability company,
 Its Manager

				
	 	 	 	 	 By:
	 	 /s/ Matthew T. White

	 	 	 	 	 Name:
	 	 Matthew T. White

	 	 	 	 	 Its:
	 	 Manager

		
	TENANT:	 	 SONIC SOLUTIONS,
 a California
corporation

			
	 	 	 By:
	 	/s/ Robert J. Doris
	 	 	 Name:
	 	Robert J. Doris
	 	 	 Its:
	 	President
			
	 	 	 By:
	 	/s/ A. Clay Leighton
	 	 	 Name:
	 	A. Clay Leighton
	 	 	 Its:
	 	SVP- CFO

  

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