Document:

exv4w2

 

Exhibit
4.2

Restricted Stock Unit Award (#) ____

AMENDED AND RESTATED CINEMARK HOLDINGS, INC.

2006 LONG TERM INCENTIVE PLAN

RESTRICTED STOCK UNIT AWARD CERTIFICATE

     THIS
IS TO CERTIFY that Cinemark Holdings, Inc., a Delaware corporation
(the “Company”), has
offered you (“Grantee”) the right to receive restricted stock units (“Restricted Stock Units” or
the
“Award”) under the Amended and Restated Cinemark Holdings, Inc. 2006 Long Term Incentive Plan
(the “Plan”), as follows:

	 	 	 	 	 
	Name of Grantee:
	 	 	 	 
	 

	 	 

	 	 
	 
	 	 	 	 
	Hypothetical Number of Shares:
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Offer Grant Date:	 	                    , 2008	 	 
	 
	 	 	 	 
	Offer Expiration Date:	 	_____ Days after the Offer Grant Date	 	 
	 
	 	 	 	 
	Payment Date:
	 	 	 	 
	 

	 	 	 	 
	 
	 	 	 	 
	Vesting Provisions:
	 	 	 	 

The Award
will vest in whole or in part on ___ provided (i) Grantee continues to
provide Service through such date and (ii) the change in Implied Equity Value between January 1,
2008 and December 31, 2010 results in an internal rate of return (“IRR”) equal to or greater than
the following performance schedule:

	 	 	 	 	 
	IRR	 	Vesting Percentage
	less than 8.5%
	 	 	0.0	%
	8.5% but less than 10.5%
	 	 	33.3	%
	10.5% but less than 12.5%
	 	 	66.6	%
	12.5% or greater
	 	 	100.0	%

Any Restricted Stock Units that vest in accordance with the performance schedule will be paid in
the form of shares of Common Stock on the Payment Date specified above. The Restricted Stock Units
will vest and the restrictions will lapse if the Grantee continues to provide Service through
                    
and the performance targets specified above are attained. For purposes of determining
Implied Equity Value, the multiple factor will be 10.

By your signature and the signature of the Company’s representative below, you and the Company
agree to be bound by all of the terms and conditions of the Restricted Stock Unit Agreement, which
is attached hereto as Annex I and the Plan (both incorporated herein by this reference as if set
forth in full in this document). By executing this Certificate, you hereby irrevocably elect to
accept the Restricted Stock Units rights granted pursuant to this Certificate and the related
Restricted Stock Unit Agreement and to receive the Award of Restricted Stock Units designated above
subject to the terms of the Plan, this Certificate and the Award Agreement.

	 	 	 	 	 	 	 	 	 
	GRANTEE:	 	 	 	Cinemark Holdings, Inc.
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	By:	 	 
	 	 	 	 	 	 	 
	Name:

	 	 	 	 	 	Name:	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Title:	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 
	Dated:

	 	 	 	 	 	Dated:	 	 
	 

	 	 
	 	 	 	 	 	 

 

 

AMENDED AND RESTATED

CINEMARK HOLDINGS, INC.

2006 LONG TERM INCENTIVE PLAN

RESTRICTED STOCK UNIT AWARD AGREEMENT

     This Restricted Stock Unit Agreement (this “Agreement”), is made and entered into on the
execution date of the Restricted Stock Unit Certificate to which it is attached (the
“Certificate”), by and between
Cinemark Holdings, Inc., a Delaware corporation (the
“Company”),
and the Director, Employee or Consultant
(“Grantee”) named in the Certificate.

     Pursuant to the Amended and Restated Cinemark Holdings, Inc. 2006 Long Term Incentive Plan, as
amended or restated from time to time (the
“Plan”), the Administrator of the Plan has authorized
the grant to Grantee of restricted stock units (“Restricted Stock Units” or the “Award”), upon
the terms and subject to the conditions set forth in this Agreement and in the Plan.
Capitalized terms not otherwise defined herein have the meanings ascribed to them in the Plan.

     NOW, THEREFORE, in consideration of the premises and the benefits to be derived from the mutual
observance of the covenants and promises contained herein and other good and valuable
consideration, the sufficiency of which is hereby acknowledged, the parties hereto agree as
follows:

     1. Basis For Award. THIS AWARD IS MADE PURSUANT TO SECTION 5.6 OF THE PLAN. THE
GRANTEE HEREBY RECEIVES AS OF THE DATE HEREOF AN AWARD OF RESTRICTED STOCK UNITS PURSUANT TO THE
TERMS OF THIS AGREEMENT (THE “GRANT”)

     2. Units Awarded.

          (a) The Company hereby awards to Grantee Restricted Stock Units for the Hypothetical Number of
Shares set forth in the Certificate. Restricted Stock Units are hypothetical Common Stock units
having a value equal to the Fair Market Value of an identical number of shares of the Company’s
Common Stock. Each restricted stock unit represents a right to receive one share of Common Stock
from the Company at the Payment Date set forth in the Certificate.

          (b) The Company shall in accordance with the Plan establish and maintain an account (the
“Restricted Stock Unit Account”) for Grantee, and shall credit such account for the number of
Restricted Stock Units granted to Grantee. The Company shall credit the Restricted Stock Unit
Account for any securities or other property (including regular cash dividends) distributed by the
Company in respect of its Common Stock. Any such property shall be subject to the same vesting
schedule as the Restricted Stock Units to which they relate.

          (c) Until the Restricted Stock Units awarded to the Grantee have vested and become payable on
the Payment Date specified in the Certificate, the Restricted Stock Units and any related
securities, cash dividends or other property nominally credited to a Restricted Stock

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Unit Account may not be sold, transferred, or otherwise disposed of, and may not be pledged or
otherwise hypothecated.

     3. Vesting. The Restricted Stock Units covered by this Agreement shall vest subject to the Vesting Schedule set forth in the
Certificate. Any Restricted Stock Units not previously vested or forfeited shall vest upon the Sale of the Company, provided Grantee provides continuous Service through the consummation date of such Sale of the Company and satisfies the terms of this Agreement. Except as otherwise provided in this Section, if Grantee’s Service is terminated for any reason, including as a result of Grantee’s death, disability or retirement, any unvested Restricted Stock Units will be forfeited immediately.

     4. Payment. Subject to Grantee’s satisfaction of applicable withholding requirements pursuant to Section 7 hereof, payment will be made in shares of Common Stock as soon as practicable after the Payment Date set forth in the Certificate. If the Certificate does not specify a Payment Date, the Payment Date will be the Vesting Date. The Administrator shall cause a stock certificate to be delivered to
 Grantee with respect to such shares free of all restrictions hereunder, except for applicable federal securities laws restrictions. Any securities, cash dividends or other property credited to the Restricted Stock Unit Account other than Restricted Stock Units will be paid in cash, or, in the discretion of the Administrator, in kind.

     5. Compliance with Laws and Regulations. The issuance and transfer of Common Stock upon vesting of the Restricted Stock Units is subject to compliance by the Company and Grantee with all applicable requirements of federal and state securities laws and with all applicable requirements of any stock exchange on which the Company’s Common Stock may be listed at the time of such issuance or transfer. Grantee
 understands that the Company is under no obligation to register or qualify such shares of Common Stock with the Securities and Exchange Commission, any state securities commission, or any stock exchange to effect such compliance.

     6. Tax Withholding. As a condition to payment under Section 4 hereof, Grantee agrees that no later than the date as of which the Restricted Stock Units vest, Grantee shall pay to the Company (in cash or to the extent permitted by the Administrator, by tendering shares of Common Stock held by Grantee, including shares that otherwise would be issued and transferred to Participant as payment upon vesting o
f the Restricted Stock Units (“Share Withholding”), with a Fair Market Value on the date the Restricted Stock Units vest equal to the amount of Grantee’s minimum statutory tax withholding liability, or to the extent permitted by the Administrator, a combination thereof) any federal, state, or local taxes of any kind required by law to be withheld with respect to the Restricted Stock Units for which the restrictions lapse. Alternatively, the Company or its Subsidiaries will, to t
he extent permitted by law, have the right to deduct from any payment of any kind otherwise due to Grantee (including payments due when the Restricted Stock Units vest) any federal, state, or local taxes of any kind required by law to be withheld with respect to such Restricted Stock Units.

     7. Nontransferability. This Award is not transferable.

     8. No Right to Continued Service. Nothing in the Plan or this Agreement confers on Grantee any right to continue to
serve as an Employee, Director or Consultant of the Company or any Subsidiary, or limits in any way the right of the

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Company or any Subsidiary to terminate Grantee’s Service to the Company or any Subsidiary, with or without Cause.

     9. Representations and Warranties of Grantee. Grantee represents and warrants to the Company that:

          (a) Agrees to Terms of the Plan. Grantee has received a copy of the Plan and has read
and understands the terms of the Plan and this Agreement, and agrees to be bound by their terms and
conditions. Grantee acknowledges that there may be adverse tax consequences upon the vesting of
Restricted Stock Units or thereafter if the Award is paid and Grantee later disposes of the shares
of Common Stock, and that Grantee should consult a tax advisor prior to such time.

          (b) Cooperation. The Grantee agrees to sign such additional documentation as the
Company may reasonably require from time to time.

     10. Modification. The Agreement must not be amended or modified except in writing signed by both parties.

     11. Plan. Except as otherwise provided herein, or unless the context clearly indicates otherwise, capitalized terms used but not defined herein have the same definitions as provided in the Plan. The terms and provisions of the Plan are incorporated herein by reference, and the Grantee hereby acknowledges receiving a copy of the Plan. This Agreement and the Plan constitute the entire agreement of the parties
and supercede all prior undertakings and agreements with respect to the subject matter hereof. In the event of any inconsistency between the nondiscretionary terms and provisions of this Agreement and the Plan, the Plan will govern.

     12. Interpretation. In the event of any dispute regarding the interpretation of this Agreement, Grantee, the Company, or both shall submit such dispute to the Administrator for review. The resolution of such a dispute by the Administrator shall be final and binding on the Company and Grantee.

     13. Successors and Assigns. The Company may assign any of its rights under this Agreement. This Agreement will be binding upon and inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer set forth herein, this Agreement is binding upon Grantee and Grantee’s heirs, executors, administrators, legal representatives, successors and assigns.

     14. Governing Law. This Agreement is to be governed by and construed in accordance with the laws of the State of Delaware without giving effect to its conflict of law principles. If any provision of this Agreement is determined by a court of law to be illegal or unenforceable, then such provision will be enforced to the maximum extent possible and the other provisions will remain fully effective and enforcea
ble.

3exv10w12

 

Exhibit 10.12

SEVENTH AMENDMENT TO OFFICE LEASE

     This SEVENTH AMENDMENT TO OFFICE LEASE (“Seventh Amendment”) is made and entered into as of
the 2nd day of May 2008, by and between CHINA BASIN/SAN FRANCISCO, LLC, a Delaware limited
liability company (“Landlord”), and LOOPNET, INC., a California corporation (“Tenant”).

RECITALS :

     A. PWREF/MCC-China Basin L.L.C., predecessor-in-interest to Landlord, and Tenant entered into
that certain Office Lease dated January 8, 2003 (the “Office Lease”), as amended by the terms of
that certain First Amendment to Lease dated as of August 4, 2005 (the “First Amendment”), that
certain Second Amendment to Office Lease dated as of April 17, 2006 (the “Second Amendment”), that
certain Third Amendment to Office Lease dated as of August 15, 2006 (the “Third Amendment”), that
certain Fourth Amendment to Office Lease dated as of December 14, 2006 (the “Fourth Amendment”),
that certain Fifth Amendment to Office Lease dated as of August 30, 2007 (the “Fifth Amendment”),
and that certain Sixth Amendment to Office Lease dated as of September 12, 2007 (the “Sixth
Amendment”), whereby Landlord leases to Tenant and Tenant leases from Landlord a total of
approximately 36,779 rentable square feet of space commonly known as Suites 4000, 4100, 4150, 4200
and 4300 (as used herein, collectively, the “Existing Premises”), located on the fourth
(4th) floor of the building located at 185 Berry Street, San Francisco, California,
which is commonly known as the “Wharfside Building” (the “Building”). The Office Lease, First
Amendment, Second Amendment, Third Amendment, Fourth Amendment, Fifth Amendment and Sixth Amendment
are, collectively, the “Lease.”

     B. Tenant desires to expand the Existing Premises to include that certain space consisting of
a total of approximately 9,378 rentable square feet of space, comprised of (i) that certain space
consisting of approximately 2,436 rentable square feet of space and commonly known as Suite 4500
and located on the fourth (4th) floor of the Building, (ii) that certain space
consisting of approximately 5,275 rentable square feet of space and commonly known as Suite 4600
and located on the fourth (4th) floor of the Building, and (iii) that certain space of
previously common area corridor consisting of approximately 1,667 rentable square feet of space and
located between the areas commonly known as Lobby 1 and Lobby 2 on the fourth (4th)
floor of the Building (collectively, the “7th Amendment Expansion Premises”), all as more
particularly delineated on Exhibit A attached hereto and made a part hereof, and to make
other modifications to the Lease, and in connection therewith, Landlord and Tenant desire to amend
the Lease as hereinafter provided.

AGREEMENT :

     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
meaning as is given such terms in the Lease unless expressly superseded by the terms of this
Seventh Amendment.

     2. Modification of Premises. Effective as of June 1, 2008 (the “Expansion
Commencement Date”), Tenant shall lease from Landlord and Landlord shall lease to Tenant the 7th
Amendment Expansion Premises. Consequently, effective upon the Expansion Commencement Date, the
Existing Premises shall be increased to include the 7th Amendment Expansion Premises. Landlord and
Tenant hereby acknowledge that such addition of the 7th Amendment Expansion Premises to the
Existing Premises shall, effective as of the Expansion Commencement Date, increase the size of the
Premises to approximately 46,157 rentable square feet. The Existing Premises and the 7th Amendment
Expansion Premises may hereinafter collectively be referred to as the “Premises.” The terms and
provisions of this Seventh Amendment shall be effective as of the date of this Seventh Amendment.

CHINA BASIN/SAN FRANCISCO, LLC

[Loopnet, Inc.]

 

 

     3. Extension of Lease Term. Pursuant to the Lease, the Lease Term is scheduled to
expire on May 31, 2008. Landlord and Tenant hereby agree to renew the Lease Term for a period of
seven (7) years, from June 1, 2008, through May 31, 2015, on the terms and conditions set forth in
this Seventh Amendment, unless sooner terminated as provided in the Lease, as hereby amended. The
period of time commencing on June 1, 2008, and ending on May 31, 2015, shall be referred to herein
as the “Renewal Term.”

     4. Base Rent

          4.1. Existing Premises. Prior to June 1, 2008, Tenant shall continue to pay Base Rent
for the Existing Premises in accordance with the terms of the Lease, as in effect prior to this
Seventh Amendment.

          4.2. Entire Premises. Commencing on June 1, 2008 and continuing throughout the
Renewal Term, Tenant shall pay to Landlord monthly installments of Base Rent for the entire
Premises (i.e., the Existing Premises and the 7th Amendment Expansion Premises) which payments
shall otherwise be in accordance with the terms of the Lease, as follows:

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	 	 	Annual Rental Rate
	 	 	Annualized	 	 	 	 	 	Per Rentable Square
	Period	 	Base Rent	 	Monthly Base Rent	 	Foot
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	June 1, 2008 — May
31, 2009
	 	$	1,892,437.00	 	 	$	157,703.08	 	 	$	41.00	 
	June 1, 2009 — May
31, 2010
	 	$	1,949,210.11	 	 	$	162,434.18	 	 	$	42.23	 
	June 1, 2010 — May
31, 2011
	 	$	2,007,686.41	 	 	$	167,307.20	 	 	$	43.50	 
	June 1, 2011 — May
31, 2012
	 	$	2,067,917.01	 	 	$	172,326.42	 	 	$	44.80	 
	June 1, 2012 — May
31, 2013
	 	$	2,129,954.52	 	 	$	177,496.21	 	 	$	46.15	 
	June 1, 2013 — May
31, 2014
	 	$	2,193,853.15	 	 	$	182,821.10	 	 	$	47.53	 
	June 1, 2014 — May
31, 2015
	 	$	2,259,668.75	 	 	$	188,305.73	 	 	$	48.96	 

          4.3. Abated Base Rent. Notwithstanding Section 4.2 above, provided that Tenant is not
then in default under the Lease (as hereby amended, beyond the applicable notice and cure period
set forth in the Lease), Landlord hereby agrees to abate and release Tenant of any obligation to
pay monthly Base Rent for the Premises during the period commencing on June 1, 2008 and ending on
September 30, 2008 (the “Abatement Period”). During such Abatement Period, Tenant shall still be
responsible for the payment of all of its other monetary obligations under the Lease (as hereby
amended). In the event of a default by Tenant under the terms of the Lease that results in the
termination of this Lease, then as a part of the recovery set forth in Section 19.2 of the
Office Lease, Landlord shall be entitled to the recovery of the monthly Base Rent that was abated
under the provisions of this Section 4.3.

     5. Tenant’s Share of Direct Expenses.

          5.1. Existing Premises. Prior to June 1, 2008, Tenant shall continue to pay Tenant’s
Share of Direct Expenses in connection with the Existing Premises in accordance with the terms of
the Lease, as in effect prior to this Seventh Amendment. Nothing set forth herein, specifically
including, without limitation, the revised Base Year with respect to the period of time on and
after June 1, 2008, as set forth in Section 5.2, below, shall be deemed to waive any of the
obligations of Landlord or Tenant under the terms set forth in Section 4.4.1 of the Office Lease
with respect to Direct Expenses incurred or accrued during the period commencing on January 1, 2008
and ending on May 31, 2008.

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          5.2. Entire Premises. Effective as of June 1, 2008, with respect to the entire
Premises (i.e., the Existing Premises and the 7th Amendment Expansion Premises) Tenant shall
continue to pay Tenant’s Share of Direct Expenses in accordance with the terms of the Lease (as
amended), provided that with regard to Direct Expenses arising or accruing on or after June 1,
2008, the following shall apply:

               5.2.1 Tenant’s Share shall equal 5.0555% ; and

               5.2.2 the Base Year shall be the calendar year 2008. Accordingly, Tenant shall not be
obligated to pay Tenant’s Share of Direct Expenses which arise or accrue during the period from
June 1, 2008, to December 31, 2008.

          5.3. Landlord’s Books and Records. Notwithstanding any provision to the contrary
contained in the Lease (as hereby amended), if Tenant reasonably disputes any amounts set forth in
any Statement described above in Article 4 of the Office Lease, Tenant will have the right,
at no cost or expense to Landlord (except as otherwise provided in this Section 5.3 below),
to cause Landlord’s general ledger of accounts to be audited (with respect to such disputed
Statement only) by a nationally recognized firm of certified public accountants reasonably approved
by Landlord, or by a certified public accountant mutually acceptable to Landlord and Tenant, either
of which has prior experience in the review of financial statements and which shall not have
provided primary accounting services to Tenant or any other tenant in the Project within the last
three (3) years and which shall not be retained by Tenant on a contingency basis; provided,
however, Tenant shall not have the right to perform any such audit more than one (1) time for any
calendar year during the Lease Term. Any audit conducted by or on behalf of Tenant shall be
completed within three (3) months of its receipt of the relevant Statement and shall be conducted
in an expeditious and diligent manner and timely completed at Landlord’s office during Landlord’s
normal business hours and in the manner so as to minimize interference with Landlord’s business
operations. Landlord shall have no obligation and Tenant shall have no right to make photocopies
of any of Landlord’s ledgers, invoices or other items. Tenant’s audit shall be limited to an
on-site review of Landlord’s general ledger of accounts. The amounts payable under this
Section 5.3 by Landlord to Tenant or to Tenant to Landlord, as the case may be, will be
appropriately adjusted on the basis of such audit. If such audit reveals that Tenant has overpaid
any amount of Direct Expenses, Landlord shall refund the amount of any such overpayment to Tenant
within sixty (60) days following such audit, with interest at the same rate which is applicable to
Tenant under the terms of this Lease. If such audit discloses an overstatement of Direct Expenses
in excess of five percent (5%) for such calendar year, Landlord will reimburse Tenant for the
reasonable cost of the audit; otherwise the cost of such audit including Landlord’s costs incurred
in complying with such audit shall be borne by Tenant. In no event shall this Section 5.3
be deemed to allow any review of any of Landlord’s records by any subtenant of Tenant. Tenant
hereby acknowledges that Tenant’s sole right to inspect Landlord’s books and records and to contest
the amount of Direct Expenses payable by Tenant shall be as set forth in this Section 5.3,
and Tenant hereby waives any and all other rights pursuant to applicable law to inspect such books
and records and/or to contest the amount of Direct Expenses payable by Tenant. Tenant agrees to
keep, and to cause in its account and employee to keep, all information revealed by any audit of
Landlord’s books and records strictly confidential and not to disclose any such information or
permit any such information to be disclosed to anyone other than Landlord, unless compelled to do
so by a court of law.

          5.4. Operating Expenses. Effective as of June 1, 2008, and with regard to Operating
Expenses arising or accruing on or after June 1, 2008, in the event and to the extent Landlord
obtains earthquake insurance (or a new category or type of earthquake insurance, as opposed to
merely a modification to any existing type of earthquake insurance) which was not included as part
of Operating Expenses during the entire Base Year (i.e., calendar year 2008, as set forth in
Section 5.2.2, above), then Operating Expenses for the Base Year shall be deemed increased
by the amounts Landlord would have incurred during the Base Year with respect to such earthquake
insurance had such earthquake insurance been included in Operating Expenses during the entire Base
Year.

          5.5. Tax Expenses. Tenant acknowledges that Landlord is currently in the process of
performing certain Renovations to the Project with the construction of two (2) additional floors
(and related structural changes) on top of the original three (3) floors of the Berry Street
Building (such Renovations, the “Berry Building Addition”), which Berry Building Addition is
anticipated to be substantially completed in calendar year 2008.

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Notwithstanding any provision in the Lease to the contrary, the Tax Expenses applicable to the
Base Year (i.e., calendar year 2008, as set forth in Section 5.2.2, above) shall be
calculated assuming the Berry Building Addition and related improvements have been completed and
have been fully assessed for real estate taxes purposes.

     6. 7th Amendment Expansion Premises Improvements. Except as specifically set forth in
the Tenant Work Letter attached hereto as Exhibit B, Landlord shall not be obligated to
provide or pay for any improvement work or services related to the improvement of the Existing
Premises or the 7th Amendment Expansion Premises, and Tenant shall (i) continue to accept the
Existing Premises in its presently existing, “as-is” condition, and (ii) accept the 7th Amendment
Expansion Premises in its presently existing, “as-is” condition. Tenant’s agreement to accept the
Existing Premises and the 7th Amendment Expansion Premises in such presently existing, “as-is”
condition shall not relieve Landlord from, or reduce or otherwise alter, Landlord’s maintenance,
repair, restoration and replacement obligations under the Lease (as hereby amended).

     7. Option Term(s).

          7.1. In General. Landlord hereby grants the Original Tenant, and any assignee of
Tenant’s entire interest in the Lease (as hereby amended) in accordance with the terms set forth in
Article 14 of the Office Lease, two (2) options to further extend the Lease Term for a
period of five (5) years each (each, an “Option Term”), which option(s) shall be exercisable only
by written notice delivered by Tenant to Landlord as provided below, provided that, as of the date
of delivery of such notice, Tenant is not in default under the Lease (as hereby amended) beyond any
applicable cure period set forth in the Lease, and has not previously been in economic default or
material non-economic default under the Lease (as hereby amended) beyond any applicable cure period
set forth in the Lease more than twice during the immediately preceding five (5) year period. Upon
the proper exercise of such option to extend, and provided that, as of the end of the Renewal Term,
or the first Option Term, as applicable, Tenant is not in default under the Lease (as hereby
amended) beyond any applicable cure period set forth in the Lease, and has not previously been in
economic default or material non-economic default under the Lease (as hereby amended) beyond any
applicable cure period set forth in the Lease more than twice during the immediately preceding five
(5) year period, the Lease Term, as it applies to the Premises, shall be further extended for a
period of five (5) years. The rights contained in this Section 7 shall be personal to the Original
Tenant and any assignee of Tenant’s entire interest in the Lease (as hereby amended) in accordance
with the terms set forth in Article 14 of the Office Lease (and not any sublessee or other
transferee of the Original Tenant’s interest in the Lease) if the Original Tenant or such assignee
occupies at least eighty percent (80%) of the then-existing Premises (with occupancy by any
Affiliate of Original Tenant or its assignee being deemed occupancy by Original Tenant or its
assignee). In the event Tenant fails to timely exercise the right set forth in this Section
7, this Section 7 shall be null and void and of no further force or effect.

          7.2. Partial Renewal. Tenant shall have the right (the “Partial Renewal Right”) to
cause the first or second Option Term to apply to only a portion of the Premises consisting,
however, of not less than eighty percent (80%) of the Premises existing as of the expiration of the
Renewal Term; provided, however, such Partial Renewal Right shall be exercised in accordance with,
and subject to, this Section 7.2. In the event Tenant desires to exercise its Partial
Renewal Right, the Exercise Notice (as defined in Section 7.4, below) shall describe the
area of the Premises which Tenant elects to no longer lease (the “Non-Renewed Space”)
(which shall consist of not more than twenty percent (20%) of the Premises existing as of the
expiration of the Renewal Term), with the remainder of the Premises to be the “Extension Premises;”
provided, however, in no event shall the Non-Renewed Space be of a size or configuration, or be
located in a location in the Building that is non-marketable, as reasonably determined by Landlord,
but only if Landlord notifies Tenant in writing of its reasonable objection(s) to the size,
configuration or location of the Non-Renewed Space (stating with reasonable specificity the changes
needed to eliminate Landlord’s objection) (“Objection Notice”) within five (5) business days after
delivery of Tenant’s Exercise Notice. In the event that Landlord fails to respond to Tenant
regarding the size, configuration or location of the Non-Renewed Space within the five (5) business
day period set forth above, Tenant shall have the right to send a “reminder notice” to Landlord,
which conspicuously indicates that Landlord’s continued failure to respond may result in the deemed
approval of Tenant’s designation of the Non-Renewed Space. If Landlord fails to notify Tenant of its reasonable objections to the
size,

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configuration or location of the Non-Renewed Space within five (5) business days after
receipt of the reminder notice identified in this Section 7.2, then such failure shall be
deemed Landlord approval of Tenant’s designation of the Non-Renewed Space. If Tenant elects to
exercise the Partial Renewal Right, then prior to the first (1st) day of the Option Term Tenant
shall, at Tenant’s sole cost and expense, cause the Extension Premises to be separately demised, if
necessary, from the Non-Renewal Space (the “Demising Obligation”), which Demising Obligation shall
be performed by Tenant in accordance with the terms and conditions set forth in Article 8
of the Office Lease, and Tenant shall be solely responsible, at Tenant’s cost, for all
modifications, additions or alterations required by any applicable building or fire/lifesafety code
to be made to the Premises, the Non-Renewed space, the Base Building and/or Common Areas on the
forth (4th) floor of the Building as a result of such demising. If Tenant elects to
exercise the Partial Renewal Right, then Landlord and Tenant shall be relieved of their respective
obligations under this Lease with respect to the applicable Non-Renewed Space as of the first (1st)
day of the Option Term, except for those obligations set forth in the Lease (as hereby amended)
which specifically survive the expiration or earlier termination of the Lease, including, without
limitation, the payment by Tenant of all accrued but unpaid amounts owed by Tenant under the Lease
(as hereby amended), through the day immediately preceding the first (1st) day of the Option Term,
with respect to the Non-Renewed Space. In the event that Tenant fails to vacate, and surrender and
deliver to Landlord exclusive possession of the Non-Renewed Space, with the Demising Obligation
completed and free of all subleases, and otherwise in the condition required pursuant to the terms
of the Lease, prior to the first (1st) day of the Option Term, then the provisions of Article
16 of the Office Lease shall apply to the Non-Renewed Space.

          7.3. Option Rent. The annual rent payable by Tenant during the applicable Option Term
(the “Option Rent”) shall be equal to the “Fair Rental Value” for the Premises as of the
commencement date of such Option Term. The “Fair Rental Value” shall be equal to the annual rent
(including additional rent and considering any “base year” or “expense stop” applicable thereto),
including all escalations, at which tenants are leasing non-sublease, non-encumbered, non-equity,
non-renewal commercial office space comparable in size, location and quality to the Premises, for a
comparable lease term, in an arm’s length transactions consummated during the ten (10) month period
(the “Rent Review Period”) prior to the date Landlord delivers the “Option Rent Notice,” as that
term is defined in Section 7.4, below, which comparable commercial office space is located
in the Project, or if there are not a sufficient number of comparable transactions in the Project
than in “Comparable Buildings,” as that term is defined below (“Comparable Transactions”), taking
into consideration all the applicable concessions generally considered in the Comparable
Transaction, including, without limiation, the following concessions (collectively, the
“Concessions”): (a) rental abatement concessions, if any, being granted such tenants in connection
with such comparable space; (b) tenant improvements or allowances provided or to be provided for
such comparable space, taking into account, and deducting the value of, the existing improvements
in the Premises, such value to be based upon the age, quality and layout of the improvements and
the extent to which the same can be utilized by a general office user; and (c) other reasonable
monetary concessions being granted such tenants in connection with such comparable space; provided,
however, that in calculating the Fair Rental Value, no consideration shall be given to (i) the fact
that Landlord is or is not required to pay a real estate brokerage commission in connection with
Tenant’s exercise of its right to lease the Premises during the Option Term, and (ii) any period of
rental abatement, if any, granted to tenants in comparable transactions in connection with the
design, permitting and construction of tenant improvements in such comparable spaces. If, in
determining the Option Rent, Concessions are granted, Landlord may, at Landlord’s sole option,
elect any or a portion of the following: (A) to grant some or all of the Concessions to Tenant in
the form as described above (i.e., as free rent or as an improvement allowance), and (B) to adjust
the rental rate component of the Option Rent to be an effective rental rate which takes into
consideration the total dollar value of the Concessions (in which case the Concessions evidenced in
the effective rental rate shall not be granted to Tenant). For purposes of this Lease, “Comparable
Buildings” shall mean first-class commercial office projects located in San Francisco, California
with similar locations and with views and amenities similar to the Building.

          7.4. Exercise of Options. The option contained in this Section 7 shall be
exercised by Tenant, if at all, and only by Tenant delivering irrevocable written notice (the
“Exercise Notice”) of its exercise thereof to Landlord not more than eighteen (18) and not less
than thirteen (13) months prior to the expiration of the Renewal Term or the first Option
Term, as applicable. In the event that Tenant timely exercises the renewal option, then Landlord
shall

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deliver notice setting forth the Option Rent (the “Option Rent Notice”) to Tenant not less
than five (5) months prior to the expiration of the Renewal Term or the first Option Term, as
applicable, setting forth the Option Rent. Tenant may, at Tenant’s option, object to the Option
Rent contained in the Option Rent Notice, by written notice to Landlord (the “Objection Notice”)
within thirty (30) days following Tenant’s receipt of the Option Rent Notice, in which case the
parties shall follow the procedure, and the Option Rent shall be determined, as set forth in
Section 7.5, below. In the event that Tenant shall fail to timely deliver an Objection
Notice, the Option Rent set forth in the Option Rent Notice shall be the Option Rent due during the
Option Term and Tenant shall have no right to contest the same. Landlord and Tenant shall execute
an amendment setting forth the terms and conditions of the Option Term. Tenant shall not have any
right to exercise the second Option Term in the event that Tenant fails to timely exercise its
right to the first Option Term as set forth in this Section 7.

          7.5. Determination of Option Rent.  In the event Tenant timely and appropriately
objects to the Option Rent Landlord and Tenant shall attempt to agree upon the Option Rent using
their best good-faith efforts. If Landlord and Tenant fail to reach agreement within fifteen (15)
business days following Tenant’s objection to the Option Rent (the “Outside Agreement Date”), then
each party shall make a separate determination of the Option Rent within five (5) business days
after the applicable Outside Agreement Date, and such determinations shall be submitted to
arbitration in accordance with Sections 7.4.1 through 7.4.7 below.

               7.5.1 Landlord and Tenant shall each appoint one arbitrator who shall be a real estate broker
who shall have been active over the five (5) year period ending on the date of such appointment in
the leasing of first class commercial office projects in the South of Market Street area of San
Francisco, California. Each such arbitrator shall be appointed within fifteen (15) days after the
applicable Outside Agreement Date. .

               7.5.2 The two (2) arbitrators so appointed shall within ten (10) days of the date of the
appointment of the last appointed arbitrator agree upon and appoint a neutral third arbitrator who
shall be certified as an MAI appraiser and shall have had at least five (5) years experience as a
real estate appraiser for San Francisco, California.

               7.5.3 The third arbitrator shall within thirty (30) days of his or her appointment make a
determination of the Option Rent taking into account the requirements of Section 7.3 above
(the “Neutral Determination”) and shall notify Landlord and Tenant which of Landlord or Tenant’s
determination of Option Rent was closest to the Neutral Determination. The determination of the
third arbitrator shall be limited solely to the issue of whether Landlord’s or Tenant’s submitted
Option Rent is the closest to the Neutral Determination determined by the third arbitrator. The
Option Rent submitted by Landlord or Tenant which the third arbitrator decides is closest to the
Neutral Determination shall be the Option Rent.

               7.5.4 The decision of the neutral arbitrator shall be binding upon Landlord and Tenant.

               7.5.5 If either Landlord or Tenant fails to appoint an arbitrator within fifteen (15) days
after the applicable Outside Agreement Date, then the arbitrator appointed by one of them shall
reach a decision, notify Landlord and Tenant thereof, and such arbitrator’s decision shall be
binding upon Landlord and Tenant.

               7.5.6 If the two (2) arbitrators fail to agree upon and appoint a third arbitrator, or if both
parties fail to appoint an arbitrator, then the appointment of the third arbitrator or any
arbitrator shall be dismissed and the matter to be decided shall be forthwith submitted to
arbitration under the provisions of the American Arbitration Association, but subject to the
instruction set forth in this Section 7.5.

               7.5.7 Landlord and Tenant shall each separately pay any fees and costs of their selected
arbitrator, and shall each pay one-half (1/2) of the fees and costs of the third arbitrator.

     8. Right of First Offer. Landlord hereby grants Tenant, and any assignee of Tenant’s
entire interest in the Lease (as hereby amended), a one-time right (subject to the terms set forth
in Section 8.6, below) of first offer with respect to any of the following space that

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comes available during the Renewal Term: (i) Suites 3000 and 3100 on the third (3rd) floor of
the Building, consisting of a total of approximately 25,370 rentable square feet of space, (ii) all
of the space on the fourth (4th) floor of the Building, consisting of a total of
approximately 40,761 square feet of space, and (iii) Suites 5050, 5100, 5200, 5300, 5350, 5400,
5411, 5500 and 5510 on the fifth (5th) floor of the Building, consisting of a total of
approximately 42,867 rentable square feet of space (individually, or collectively, “First Offer
Space”). The current approximate locations, outlines and square footages of such suites as of the
date of this Seventh Amendment are set forth on Exhibit C attached hereto, it being
acknowledged that the same are subject to change, revisions and other modifications from time to
time (specifically including, without limiation, modifications resulting from third party leases
which combine suites or modify the outlines and/or square footages of such suites). Such rights of
first offer shall commence only following the expiration or earlier termination of the existing
leases for the First Offer Space; however, such right of first offer shall be subordinate to all
third party rights existing as of the date of execution of this Seventh Amendment with respect to
the First Offer Space (whether pursuant to renewal options, rights of first offer, expansion
options, must take requirements, or otherwise; collectively, the “Superior Right Holders”), if any,
which shall be disclosed on the schedule attached hereto as Exhibit D. Tenant’s right of
first offer shall be on the terms and conditions set forth in this Section 8. References
to “Tenant” in this Section 8 shall refer to “Tenant” and any assignee of Tenant’s entire interest
in the Lease (as hereby amended).

          8.1. Procedure for Offer. Once Landlord determines that no Superior Right Holder(s)
will be exercising any of its right(s) with respect to particular First Offer Space, and such First
Offer Space becomes available for lease to third parties, Landlord shall provide Tenant with a
written notice (“Notice of First Offer Opportunity”) offering to lease to Tenant such First Offer
Space, and such Notice of First Offer Opportunity shall list the suite number, rentable square
footage, “First Offer Rent,” as that term is defined in Section 8.3 below, and the other economic
terms upon which Landlord is willing to lease such space to Tenant.

          8.2. Procedure for Acceptance. If Tenant wishes to exercise Tenant’s right of first
offer with respect to the space described in the Notice of First Offer Opportunity, then within ten
(10) business days of delivery of such Notice of First Offer Opportunity to Tenant, Tenant shall
deliver written notice to Landlord of Tenant’s election to exercise its right of first offer with
respect to the entire space described in such Notice of First Offer Opportunity (specifically
including if such space comprises more than one of the suites identified in Section 8, above) on
the terms contained in such notice. If Tenant fails to so notify Landlord, in writing, of either
its election to exercise its right of first offer, or its election to reject such right of first
offer, within the foregoing ten (10) business day period, then Landlord shall be free to lease the
space described in the Notice of First Offer Opportunity to anyone to whom Landlord desires on any
terms Landlord desires. If, however, Tenant does notify Landlord, in writing, within such ten (10)
business day period that Tenant rejects such right of first offer, then Landlord shall be free to
lease the space described in the Notice of First Offer Opportunity to anyone to whom Landlord
desires on any terms Landlord desires, provided that the base rent offered to such third-party is
not more (on a per rentable square foot basis) than five percent (5%) lower than the Base Rent
offered to Tenant in the Notice of First Offer Opportunity. In connection with the terms of the
immediately preceding sentence, in the event that Landlord desires to offer (within a period of six
(6) months commencing upon the expiration of the ten (10) business day period) the space described
in the Notice of First Offer Opportunity to a third-party at a base rent (on a per rentable square
foot basis) which is more than five percent (5%) lower than the Base Rent offered to Tenant in the
Notice of First Offer Opportunity, then Landlord shall, via a revised Notice of First Offer
Opportunity, first re-offer to lease to Tenant such First Offer Space at such lower base rent, and
Tenant shall, within ten (10) business days of delivery of such revised Notice of First Offer
Opportunity to Tenant, deliver written notice to Landlord of Tenant’s election to exercise its
right of first offer with respect to the entire space described in the revised Notice of First
Offer Opportunity on the terms contained in such notice. If Tenant then fails to so notify
Landlord of its election to exercise its right of first offer within the ten (10) business day
period set forth in the immediately preceding sentence, then Landlord shall be free to lease the
space described in the Notice of First Offer Opportunity to anyone to whom Landlord desires on any
terms (including any base rent) that Landlord desires. Notwithstanding anything to the contrary
contained herein, Tenant must elect to exercise its right of first offer, if at all, with
respect to all of the space offered by Landlord to Tenant at any particular time, and Tenant may
not elect to lease only a portion thereof.

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          8.3. First Offer Space Rent. In the event that Tenant exercises its right under this
Section 8 to lease First Offer Space on or prior to November 30, 2008, then the Rent
payable by Tenant for such First Offer Space (the “First Offer Rent”) shall be at the same rate at
which Rent is payable by Tenant for the Premises under the Lease as hereby amended as of the “First
Offer Commencement Date,” as that term is defined in Section 8.5 below, which Rent shall
include all applicable escalations to the Rent made or to be made during the Lease Term. In the
event that Tenant exercises its right under this Section 8 to lease First Offer Space after
November 30, 2008, then the Rent payable by Tenant for such First Offer Space (the “First Offer
Rent”) shall be equal to the Fair Rental Value applicable to such First Offer Space. In either
case, the Base Year applicable to the payment of Tenant’s Share of Direct Expenses in connection
with such First Offer Space shall be the calendar year in which the First Offer Commencement Date
occurs.

          8.4. Construction In the First Offer Space. Tenant shall take the First Offer Space
in its “as is” condition, subject to Tenant’s right to receive a tenant improvement allowance, if
any, which may be determined as part of the Fair Rental Value determination, and the construction
of improvements in the First Offer Space shall comply with the terms of Article 8 of the
Lease.

          8.5. Amendment to Lease. If Tenant timely exercises Tenant’s right to lease First
Offer Space as set forth herein, Landlord and Tenant shall within thirty (30) days thereafter
execute an amendment to this Lease for such First Offer Space upon the terms and conditions as set
forth in the Lease (as hereby amended), the Notice of First Offer Opportunity and this Section
8. Notwithstanding the foregoing, an otherwise valid exercise of Tenant’s right of first offer
shall be of full force and effect irrespective of whether such amendment is timely signed by
Landlord and Tenant. Tenant shall commence payment of Rent for the First Offer Space, and the term
of the First Offer Space shall commence upon the date (the “First Offer Commencement Date”) which
is the earlier to occur of (i) the date which is ninety (90) days following Landlord’s delivery of
the First Offer Space to Tenant, (ii) the date upon which Tenant substantially completes its
improvements within the First Offer Space, and (iii) the date upon which Tenant first commences to
conduct business in the First Offer Space. The term of the First Offer Space shall terminate
coterminously with the expiration or earlier termination of the Lease (as hereby amended).

          8.6. Termination of the Right of First Offer. The rights contained in this
Section 8 shall be personal to the Original Tenant and any assignee of Tenant’s entire
interest in the Lease (as hereby amended) in accordance with the terms set forth in Article
14 of the Office Lease, and may only be exercised by Tenant if Tenant (or such assignee)
occupies the entire then-existing Premises (with occupancy by any Affiliate of Original Tenant or
its assignee being deemed occupancy by Original Tenant or its assignee). The right of first offer
granted herein shall terminate as to the particular First Offer Space upon the failure by Tenant to
exercise its right of first offer with respect to such First Offer Space as offered by Landlord;
provided, however, in the event that Landlord does not enter into a lease with a third party with
respect to such First Offer Space within one hundred eighty (180) days following the expiration of
the last to occur of the applicable ten (10) business day periods set forth in Section 8.2, above,
then Tenant’s rights under this Section 8 with respect to that particular First Offer Space only
shall renew. Tenant shall not have the right to lease First Offer Space pursuant to the terms of
this Section 8 in the event that less than two (2) years remain prior to the Lease
Expiration Date, as the same may be extended pursuant to the terms of Section 7, above;
provided, however, if Landlord delivers a First Offer Notice at a time within such two (2) year
period where Tenant’s option to extend this Lease for an Option Term remains in effect, then
notwithstanding any contrary provision of this Lease, Tenant may exercise its right of first offer
so long as Tenant simultaneously exercises such Option Term. Tenant shall not have the right to
lease First Offer Space if, as of the date of the attempted exercise of any right of first offer by
Tenant, or as of the scheduled date of delivery of such First Offer Space to Tenant, Tenant is in
default under the Lease (as hereby amended) beyond any applicable cure period set forth in the
Lease, or Tenant has previously been in economic default or material non-economic default under the
Lease (as hereby amended) beyond any applicable cure period set forth in the Lease more than twice
during the immediately preceding five (5) year period.

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     9. Tenant Signage.

          9.1. In General. In addition to the signage rights expressly set forth in the Lease,
Tenant shall have the right, at Tenant’s sole cost and expense, to install custom signage within
the main entrance to the Premises. In addition, Tenant shall be entitled to one (1) non-exclusive
exterior building sign identifying Tenant’s name or logo (the “Building Sign”) in connection with
Tenant’s lease of the Premises. In the event that Tenant elects to utilize such Building Sign,
Tenant shall commence payment of rent for the Building Sign in the amount of Five Thousand and
No/100 ($5,000.00) per month, which rent shall be deemed Additional Rent under the Lease. If
Tenant elects to cease utilizing the Building Sign, upon removal thereof in accordance with Section
9.5 of this Seventh Amendment, Tenant shall have no further obligation to pay Additional Rent for
the Building Sign.

          9.2. Specifications and Permits. The Building Sign shall set forth Tenant’s name and
logo as determined by Tenant in its sole discretion; provided, however, in no event shall the
Building Sign include an “Objectionable Name,” as that term is defined in Section 9.3, below. The
graphics, materials, color, design, lettering, lighting, size, illumination, specifications and
exact location of the Building Sign (collectively, the “Sign Specifications”) shall be subject to
the prior written approval of Landlord, which approval may be withheld in Landlord’s sole
discretion. In addition, the Building Sign shall be subject to Tenant’s receipt of all required
governmental permits and approvals and shall be subject to all applicable laws and to any
covenants, conditions and restrictions affecting the Project. Landlord shall use commercially
reasonable efforts, at no cost to Landlord, to assist Tenant in obtaining all necessary
governmental permits and approvals for the Building Sign. Tenant hereby acknowledges that Landlord
has made no representation or warranty to Tenant with respect to the probability of obtaining all
necessary governmental approvals and permits for the Building Sign. In the event Tenant does not
receive the necessary governmental approvals and permits for the Building Sign, Tenant’s and
Landlord’s rights and obligations under the remaining terms and conditions of the Lease shall be
unaffected.

          9.3. Objectionable Name. To the extent the Tenant desires to change the name and/or
logo set forth on the Building Sign, such name and/or logo shall not have a name which relates to
an entity which is of a character or reputation, or is associated with a political faction or
orientation, which is inconsistent with the quality of the Project, or which would otherwise
reasonably offend a landlord of the Comparable Buildings (an “Objectionable Name”). The parties
hereby agree that the name “LoopNet” or any reasonable derivation thereof, shall not be deemed an
Objectionable Name.

          9.4. Termination of Right to Tenant’s Signage. The rights contained in this Section 9
shall be personal to the Original Tenant and any assignee of Tenant’s entire interest in the Lease
(as hereby amended) in accordance with the terms set forth in Article 14 of the Office
Lease, and may only be exercised and maintained by the Original Tenant or such assignee (and not
any sublessee or other transferee of Tenant’s interest in the Lease) if (i) the Original Tenants or
such assignee in occupancy of no less than seventy-five percent (75%) of the then-existing
Premises, (ii) Tenant is not then in default under the Lease, as amended (beyond the applicable
notice and cure period set forth in the Lease), (iii) Tenant has not been in default under the
Lease, as amended (beyond the applicable notice and cure period set forth in the Lease), more than
once during the prior twelve (12) month period, and (iv) Tenant has not been in default under the
Lease, as amended (beyond the applicable notice and cure period set forth in the Lease), more than
two (2) times during the immediately preceding five (5) year period. The signage rights set forth
in this Section 9 may not be transferred, assigned, subleased or otherwise alienated by
Tenant; provided, however, that Tenant shall have the right, upon prior written notice to Landlord,
to transfer the signage rights set forth in this Section 9 to an Affiliate assignee of Tenant’s
entire interest in the Lease (as hereby amended), and Landlord’s approval shall not be required for
such transfer.

          9.5. Cost and Maintenance. The costs of the actual Building Sign and the
installation, design, construction and any and all other costs associated with the Building Sign,
including, without limitation, utility charges and hook-up fees, permits, and maintenance and
repairs, shall be the sole responsibility of Tenant. Should the Building Sign require repairs
and/or maintenance, as determined in Landlord’s reasonable judgment, Landlord shall have the right
to provide notice thereof to Tenant and Tenant (except as set forth below) shall cause such repairs
and/or maintenance to be performed within thirty (30) days after receipt of such notice

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from Landlord, at Tenant’s sole cost and expense; provided, however, if such repairs and/or
maintenance are reasonably expected to require longer than thirty (30) days to perform, Tenant
shall commence such repairs and/or maintenance within such thirty (30) day period and shall
diligently prosecute such repairs and maintenance to completion. Should Tenant fail to perform
such repairs and/or maintenance within the periods described in the immediately preceding sentence,
Landlord shall, upon the delivery of an additional five (5) business days’ prior written notice,
have the right to cause such work to be performed and to charge Tenant as Additional Rent for the
actual cost of such work. Upon the expiration or earlier termination of the Lease, or upon the
expiration or termination of Tenant’s rights under this Section 9, Tenant shall, at
Tenant’s sole cost and expense, cause the Building Sign to be removed and shall cause the areas in
which such Building Sign was located to be restored to the condition existing immediately prior to
the placement of such Building Sign (reasonable wear and tear excepted). If Tenant fails to timely
remove the Building Sign or to restore the areas in which such the Building Sign was located, as
provided in the immediately preceding sentence, then Landlord may perform such work, and all actual
costs incurred by Landlord in so performing shall be reimbursed by Tenant to Landlord within thirty
(30) days after Tenant’s receipt of an invoice therefor. The terms and conditions of this
Section 9.5 shall survive the expiration or earlier termination of the Lease.

     10. Security Deposit. Landlord and Tenant acknowledge that Landlord is currently
holding a Security Deposit in the amount of $114,609.21, in accordance with the terms of the Lease.
Landlord shall continue to retain such Security Deposit as security for the faithful performance
by Tenant of the terms, covenants and conditions of the Lease, as hereby amended, during the
Renewal Term.

     11. Parking. Effective as of the date of this Seventh Amendment, Section 9 of
the Summary attached to the Office Lease is hereby amended and restated as follows:

	 	 	 	 	 	 	 
	 

	 	“9.
	 	Parking

(Article 28):
	 	One (1) unreserved parking pass for
every 4,000
rentable square feet of
the Premises.”

In addition, Landlord may, at any time, institute valet assisted parking within the Project parking
facility, and Tenant and its employees shall comply with any such valet assisted parking.

     12. Landlord’s Option as to Subject Space. Effective as of the date of this Seventh
Amendment, Section 14.4 of the Office Lease is hereby amended and restated as follows:

“Notwithstanding anything to the contrary contained in this Article 14, and
except as set forth in Section 14.8 below, with respect to a Transfer (i) for not
less than twenty percent (20%) of the Premises, and/or (ii) for the entire remaining
Lease Term, Landlord shall have the option, by giving written notice to Tenant
within thirty (30) days after receipt of any Transfer Notice, to recapture the
Subject Space. Such recapture notice shall cancel and terminate this Lease with
respect to the Subject Space as of the date stated in the Transfer Notice as the
effective date of the proposed Transfer until the last day of the term of the
Transfer as set forth in the Transfer Notice (or at Landlord’s option, shall cause
the Transfer to be made to Landlord or its agent, in which case the parties shall
execute the Transfer documentation promptly thereafter). In the event of a
recapture by Landlord, if this Lease shall be canceled with respect to less than the
entire Premises, the Rent reserved herein shall be prorated on the basis of the
number of rentable square feet retained by Tenant in proportion to the number of
rentable square feet contained in the Premises, and this Lease as so amended shall
continue thereafter in full force and effect, and upon request of either party, the
parties shall execute written confirmation of the same. If Landlord declines, or
fails to elect in a timely manner to recapture the Subject Space under this
Section 14.4, then, provided Landlord has consented to the proposed
Transfer, Tenant shall be entitled to proceed to transfer the Subject Space to the
proposed Transferee, subject to provisions of this Article 14.”

     13. Landlord Compliance with Laws. Effective as of the date of this Seventh
Amendment, the last two (2) sentences of Article 24 of the Office Lease are hereby amended
and restated as follows:

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“Landlord shall comply with all Applicable Laws and Codes relating to the Base
Building, provided that compliance with such Applicable Laws and Codes is not the
responsibility of Tenant under the Lease, and provided further that Landlord’s
failure to comply therewith would prohibit Tenant from obtaining or maintaining a
certificate of occupancy for the Premises, or would prohibit Tenant’s ability to
operate Tenant’s business, or would unreasonably and materially affect the safety of
Tenant’s employees or create a significant health hazard for Tenant’s employees.
Landlord shall be permitted to include in Operating Expenses any costs or expenses
incurred by Landlord under this language to the extent consistent with the terms of
Section 4.2.4 of this Lease.”

     14. Abatement Event. Effective as of the Expansion Commencement Date, the following
is hereby added to the end as the last sentence of Section 6.4 of the Office Lease:

“Notwithstanding anything to the contrary, Tenant shall have the
right to terminate the Lease upon written notice therefor to
Landlord, in the event of any Abatement Event which continues for a
period of one hundred fifty (150) consecutive days or for a period
of one hundred eighty (180) non-consecutive days in any calendar
year.”

     15. No Landlord Relocation Rights. Landlord acknowledges that Landlord does not
currently possess and shall not have any rights to relocate the Premises pursuant to the Lease.

     16. Corridor Approvals.

          16.1. In General. Landlord and Tenant acknowledge that, as more particularly set
forth in Section 2.2.3 of the Tenant Work Letter, Tenant desires to perform certain
“Corridor Work.” In connection therewith, Tenant shall be required to obtain various governmental
approvals and permits (the “Corridor Work Permits”). Tenant shall submit the “Approved Working
Drawings” (as that term is defined in Section 3.4 of the Tenant Work Letter) with respect
to such Corridor Work to the appropriate governmental authorities in order to obtain such Corridor
Work Permits on or before the date which is three (3) weeks following the date of this Seventh
Amendment. To the extent that Tenant submits such Approved Working Drawings to the appropriate
governmental authorities on or before the date set forth in the immediately preceding sentence,
then in the event that such appropriate governmental authorities fail to (i) issue the Corridor
Work Permits to Tenant, (ii) provide Tenant with reasonable objections to the Approved Working
Drawings, or (iii) require reasonable revisions to be made the Approved Working Drawings in order
to be able to issue the Corridor Work Permits to Tenant, all within sixty (60) days following the
date of the full execution and delivery of this Seventh Amendment by Landlord and Tenant, then
Tenant shall have the right, upon written notice delivered to Landlord on or before the date which
is five (5) business days following the expiration of the foregoing sixty (60) day period, to elect
to terminate the Lease (as hereby amended), which termination shall be effective as of the date
(the “Termination Date”) which is one (1) year following the date Landlord receives such
termination notice (such one (1) year period shall, to the extent all or a portion of the same is
after May 31, 2008, be referred to herein as the “One Year Extension Term”). Tenant shall,
concurrently with its delivery of such notice to Landlord, deliver to Landlord an amount sufficient
to reimburse Landlord for its review and processing fees, as well as any reasonable professional
fees (including, without limitation, attorneys’, accountants’, architects’, engineers’ and
consultants’ fees) and brokerage commissions incurred by Landlord in connection with this Seventh
Amendment. To the extent Tenant exercises its right to terminate the Lease (as hereby amended)
pursuant to the terms of this Section 16, then the Lease (as hereby amended) shall
terminate effective as of the Termination Date with the same force and effect as if the Lease (as
hereby amended) were scheduled to expire in accordance with its terms as of such Termination Date,
and, without limiting the generality of the foregoing, Tenant shall surrender possession of the
entire Premises to Landlord on such Termination Date in the condition required pursuant to the
terms and conditions of the Lease (as hereby amended). The termination rights granted to Tenant
under this Section 16 are personal to the Tenant originally named herein, and may not be
assigned or transferred to any other person or entity. Tenant’s failure to so notify Landlord
shall be deemed Tenant’s waiver of any right to terminate the Lease (as hereby amended) as set
forth hereinabove.

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          16.2. One Year Extension Term. To the extent Tenant exercises its right to terminate
the Lease (as hereby amended) pursuant to the terms of Section 16.1, above, Tenant’s lease
of the Premises during the One Year Extension Term shall be as set forth in this Section 16.2.

               16.2.1 Lease Term. The Lease Term shall be extended and shall expire (unless sooner
terminated as provided in the Lease, as hereby amended) on the last day of the One Year Extension
Term.

               16.2.2 Premises. Notwithstanding the exercise of such termination right, the Premises
shall nevertheless be expanded to include the 7th Amendment Expansion Premises on the
Expansion Commencement Date. Tenant shall accept the 7th Amendment Expansion Premises
in its presently existing, “as is” condition, and Tenant shall continue to accept the Existing
Premises in its presently existing, “as is” condition. Landlord shall not be obligated to provide
or pay for any improvement work or services related to the improvement of the Premises (it being
acknowledged that the Tenant Work Letter attached hereto has Exhibit B shall have no
applicability and shall be deemed of no force and effect). Tenant shall have no right to perform
the Corridor Work.

               16.2.3 Base Rent. Effective as of the Expansion Commencement Date, Tenant shall pay
Base Rent for the entire Premises (i.e., the Existing Premises and the 7th Amendment
Expansion Premises) in the amount of One Hundred Fifty-Seven Thousand Seven Hundred Three and
08/100 Dollars ($157,703.08) (i.e., $41.00 per rentable square foot on an annual basis) per month.

               16.2.4 Tenant’s Share of Direct Expenses. Effective as of June 1, 2008, with respect
to the entire Premises (i.e., the Existing Premises and the 7th Amendment Expansion Premises)
Tenant shall continue to pay Tenant’s Share of Direct Expenses in accordance with the terms of the
Lease, provided that with regard to Direct Expenses arising or accruing on or after June 1, 2008,
Tenant’s Share shall equal 5.0555%.

               16.2.5 Security Deposit. The terms and conditions set forth in Section 10 of
this Seventh Amendment, above, shall apply, and shall survive such exercise of Tenant’s termination
right and the termination of the Lease.

               16.2.6 Parking. The terms and conditions set forth in Section 11 of this
Seventh Amendment, above, shall apply, and shall survive such exercise of Tenant’s termination
right and the termination of the Lease.

               16.2.7 No Landlord Relocation Rights. The terms and conditions set forth in
Section 15 of this Seventh Amendment, above, shall apply, and shall survive such exercise
of Tenant’s termination right and the termination of the Lease.

               16.2.8 Brokers. The terms and conditions set forth in Section 21 of this
Seventh Amendment, below, shall apply, and shall survive such exercise of Tenant’s termination
right and the termination of the Lease.

               16.2.9 Other Terms. The following Sections (and any corresponding sub-Sections) of
this Seventh Amendment shall have no applicability during the One Year Extension Term:
Sections 3, 4.2, 4.3, 5.2, 5.3, 5.4, 5.5,
6, 7, 8, 9, 12, 13, 14, 17,
18, 19, and 20; and Exhibits B, C, D and E.

     17. Subordination. Landlord shall use commercially reasonable efforts to provide
Tenant, at Tenant’s cost, with a nondisturbance agreement in a commercially reasonable form from
Landlord’s presently existing lender holding a deed of trust on the Project within ninety (90) days
following the date of this Seventh Amendment.

     18. Landlord’s Option to Repair. Effective as of the Expansion Commencement Date, the
following shall be added to Section 11.2 of the Office Lease:

“Notwithstanding anything to the contrary, if Landlord elects to terminate the Lease
pursuant to Section 11.2(v) while Tenant possesses any un-exercised
extension or renewal rights, Landlord shall provide written notice to Tenant
indicating Landlord’s termination intention and upon receipt of such notice from

-12-

 

Landlord, Tenant shall have the right to exercise Tenant’s extension or renewal
right early by delivering written notice to Landlord within ten (10) days after
receipt of Landlord’s notice of intention to terminate, in which case the Term shall
automatically be extended and Landlord shall not be permitted to terminate the
Lease.”

     19. Removal and Restoration of Alterations. Notwithstanding Section 8.5 of the Office
Lease, effective as of the Expansion Commencement Date, Tenant shall not be required to remove or
restore any Alterations or improvements installed or existing prior to the date of this Seventh
Amendment; provided, however, and notwithstanding the foregoing, upon the expiration of the Lease
(as hereby amended), or immediately following any earlier termination of this Lease, Tenant shall
continue to be obligated, at Tenant’s sole cost and expense, to remove all Lines in the Premises
(including the 7th Amendment Expansion Premises) installed by Tenant, and repair any damage caused
by such removal.

     20. Assignment and Subletting. Effective as of the Expansion Commencement Date,
Section 14.2.7 of the Office Lease is herby amended and restated as follows:

“Either the proposed Transferee, or any person or entity which directly or
indirectly, controls, is controlled by, or is under common control with, the
proposed Transferee, is negotiating or has negotiated within the past two (2) months
with Landlord to lease space in the Project, provided that Landlord has space in the
Project reasonably consistent with the Transferee’s rentable area requirements.”

     21. 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 Seventh
Amendment other than McCarthy Cook & Co. and CB Richard Ellis (the “Brokers”), and that they know
of no other real estate broker or agent who is entitled to a commission in connection with this
Seventh 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, other than the Brokers,
occurring by, through, or under the indemnifying party. The terms of this Section 21 shall
survive the expiration or earlier termination of this Seventh Amendment.

[Continued on Following Page]

-13-

 

     22. No Further Modification. Except as set forth in this Seventh Amendment, all of
the terms and provisions of the Lease shall remain unmodified and in full force and effect.

     IN WITNESS WHEREOF, this Seventh Amendment has been executed as of the day and year first
above written.

	 	 	 	 	 	 	 	 	 
	“LANDLORD”
	 	“TENANT”	 	 
	 
	 	 	 	 	 	 	 	 
	CHINA BASIN/SAN FRANCISCO, LLC,

a Delaware limited liability company
	 	LOOPNET, INC.,

a California corporation
	 	 
	 
	By:

	 	CHINA BASIN LANDING, LLC,
	 	By:
	 	/s/ RICHARD J BOYLE JR.	 	 
	 

	 	
a Delaware limited liability company,
	 	 	 	
Name: RICHARD J BOYLE JR.
	 	 
	 

	 	its Manager
	 	 	 	
Title: CHAIRMAN AND CEO
	 	 
	 

	 	
	 	 	 	
Date: APRIL 28, 2008
	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	CALSMART L.L.C.,
	 	By:
	 	/s/ Thomas P. Byrne	 	 
	 

	 	a Delaware limited liability company,
	 	 	 	Name: Thomas P. Byrne
	 	 
	 

	 	its Member/Manager
	 	 	 	
Title: President
	 	 
	 

	 	
	 	 	 	
Date: April 28, 2008	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	RREEF AMERICA L.L.C.,

a Delaware limited liability company,

its Manager	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Patricia A. Ashton	 	 	 	 	 	 
	 

	 	Patricia A. Ashton,

Vice President-District Manager
	 	 	 	 	 	 
	 

	 

	 	
Date: 5/02/08	 	 	 	 	 	 

-14-

 

EXHIBIT A

OUTLINE OF 7th AMENDMENT EXPANSION PREMISES

          This Exhibit A is referenced in Recital B of that certain Seventh Amendment to Office
Lease made and entered into as of the 2nd day of May 2008, by and between CHINA BASIN/SAN
FRANCISCO, LLC, a Delaware limited liability company (“Landlord”), and LOOPNET, INC., a California
corporation (“Tenant”).

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
	 	/s/ TPB
 	 
	 	 	 
	 	 	 

EXHIBIT A
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EXHIBIT B

TENANT WORK LETTER

     This Exhibit B is referenced in Section 6 of that certain Seventh Amendment to Office
Lease made and entered into as of the 2nd day of May 2008, by and between CHINA BASIN/SAN
FRANCISCO, LLC, a Delaware limited liability company (“Landlord”), and LOOPNET, INC., a California
corporation (“Tenant”).

     This Tenant Work Letter shall set forth the terms and conditions relating to the construction
of the Premises (including the 7th Amendment Expansion Premises). This Tenant Work Letter is
essentially organized chronologically and addresses the issues of the construction of the Premises,
in sequence, as such issues will arise during the actual construction of the Premises. All
references in this Tenant Work Letter to Sections of “this Amendment” shall mean the relevant
portion of the Seventh Amendment to which this Tenant Work Letter is attached as Exhibit B
and of which this Tenant Work Letter forms a part, all references in this Tenant Work Letter to
Articles or Sections of “this Lease” shall mean the relevant portions of the Lease (as amended)
being amended by this Amendment, and all references in this Tenant Work Letter to Sections of “this
Tenant Work Letter” shall mean the relevant portions of Sections 1 through 5 of
this Tenant Work Letter. The construction of the improvements to the Premises contemplated by this
Amendment shall be governed by the terms of this Tenant Work Letter and not the terms of the
Article 8 of the Office Lease.

SECTION 1

DELIVERY OF THE PREMISES AND BASE BUILDING; LANDLORD WORK

     1.1 In General. Upon the full execution and delivery of this Amendment by Landlord
and Tenant, Landlord shall deliver the 7th Amendment Expansion Premises and “Base Building,” as
that term is defined below, to Tenant, and Tenant shall accept the 7th Amendment Expansion Premises
and Base Building from Landlord in their presently existing, “as-is” condition, subject to Section
1.2 below. The “Base Building” shall consist of those portions of the 7th Amendment Expansion
Premises which were in existence prior to the construction of tenant improvements in the Premises
for any prior tenant of the Premises. Tenant shall continue to accept the Existing Premises in its
presently existing, “as-is” condition.

     1.2 Landlord Work. Landlord shall deliver the 7th Amendment Expansion Premises in
broom clean condition with all heating, air conditioning, ventilating, mechanical, electrical,
plumbing systems and elevators, in good working order. Tenant acknowledges that Landlord is
currently in the process of performing certain renovation work in the lobby areas of the fourth
(4th) floor of the Building, and that Landlord will use commercially reasonable efforts
to substantially complete such renovation work on or before the Expansion Commencement Date,
provided, however that Landlord shall have no liability to Tenant relating to or arising from any
failure or delay by Landlord in substantially completing such renovation work. Additionally,
Landlord shall, to the extent required for Tenant to obtain or maintain a certificate of occupancy
(or its equivalent) for general office use for the Premises, cause the existing restrooms in the
area commonly known as “Lobby 1” on the fourth (4th) floor of the Building, to be in
compliance with all applicable building codes and other governmental laws, ordinances and
regulations which were enacted prior to the commencement of the date of this Lease and applicable
to new construction for general office space, including, without limitation, any handicap access
codes which were created in order to implement the Americans With Disabilities Act (the “ADA”; as
the ADA is in effect as of the date of this Amendment).

SECTION 2

TENANT IMPROVEMENTS

     2.1 Tenant Improvement Allowance. Tenant shall be entitled to a one-time tenant
improvement allowance (the “Tenant Improvement Allowance”) in the amount of $32.50 per rentable
square foot of the Premises for the costs relating to the initial design and construction of
Tenant’s improvements which are permanently affixed to the Premises (the “Tenant Improvements”);
provided, however, an amount of such Tenant Improvement Allowance up to $4.00 per rentable square
foot of the Premises may be used in accordance with Section 2.2.1.9

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
	 	/s/ TPB
 	 
	 	 	 
	 	 	 

CHINA BASIN/SAN FRANCISCO, LLC

[Loopnet, Inc.]

EXHIBIT B
-1-

 

below. Except as otherwise specifically set forth in this Tenant Work Letter, Landlord shall
not be obligated to make disbursements (or provide credits) pursuant to this Tenant Work Letter in
a total amount which exceeds the Tenant Improvement Allowance and the “Landlord’s Drawing
Contribution,” as that term is defined in Section 3.1, below. In the event that the Tenant
Improvement Allowance is not fully utilized by Tenant prior to June 1, 2009, then except as set
forth immediately below, such unused amounts shall revert to Landlord and Tenant shall have no
further rights with respect thereto. In the event, however, that the Tenant Improvement Allowance
is not be fully utilized pursuant to the terms set forth in this Tenant Work Letter prior to June
1, 2009, then Tenant may elect, upon not less than thirty (30) days’ prior written notice to
Landlord for Landlord to provide Tenant with a credit against the payment(s) of Rent next due and
owing for the Premises, in an amount equal to the positive difference between the Tenant
Improvement Allowance and the amount of the actual unused amount, if any, of the Tenant Improvement
Allowance which would otherwise revert to Landlord as of June 1, 2009. In the event that Tenant
fails to so notify Landlord of its election to receive such credit against the payment(s) of Rent
next due and owing for the Premises on or before December 31, 2008, then all such unused amounts
shall revert to Landlord and Tenant shall have no further rights with respect thereto.

     2.2 Disbursement of the Tenant Improvement Allowance.

          2.2.1 Tenant Improvement Allowance Items. Except as otherwise set forth in this
Tenant Work Letter, the Tenant Improvement Allowance shall be disbursed by Landlord only for the
following items and costs (collectively the “Tenant Improvement Allowance Items”):

               2.2.1.1 Payment of the fees of the “Architect” and the “Engineers,” as those terms are
defined in Section 3.1 of this Tenant Work Letter, and payment of the fees incurred by, and
the cost of documents and materials supplied by, Landlord and Landlord’s consultants in connection
with the preparation and review of the “Construction Drawings,” as that term is defined in
Section 3.1 of this Tenant Work Letter;

               2.2.1.2 The payment of plan check, permit and license fees relating to construction of the
Tenant Improvements;

               2.2.1.3 The cost of construction of the Tenant Improvements (and the Corridor Work (as
defined in Section 2.2.3), including, without limitation, testing and inspection costs, hoisting
and trash removal costs, and contractors’ fees and general conditions;

               2.2.1.4 The cost of any changes in the Base Building when such changes are required by the
Construction Drawings (including if such changes are due to the fact that such work is prepared on
an unoccupied basis), such cost to include all direct architectural and/or engineering fees and
expenses incurred in connection therewith;

               2.2.1.5 The cost of any changes to the Construction Drawings or Tenant Improvements required
by all applicable building codes and all applicable laws (the “Code”);

               2.2.1.6 The cost of the “Coordination Fee,” as that term is defined in Section
4.2.2.1 of this Tenant Work Letter;

               2.2.1.8 Sales and use taxes;

               2.2.1.9 The cost of all networking equipment and cabling to be installed in the Premises, but
in no event in excess of an amount equal to $4.00 per rentable square foot of the Premises; and

               2.2.1.10 All other costs approved by or expended by Landlord in connection with the
construction of the Tenant Improvements.

          2.2.2 Disbursement of Tenant Improvement Allowance. During the construction of the
Tenant Improvements, Landlord shall make monthly disbursements of the Tenant Improvement Allowance
for Tenant Improvement Allowance Items for the benefit of Tenant and shall authorize the release of
monies for the benefit of Tenant as follows.

               2.2.2.1 Monthly Disbursements. On or before the first day of each calendar month
during the construction of the Tenant Improvements (or such other date as

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
	 	/s/ TPB
 	 
	 	 	 
	 	 	 

EXHIBIT B
-2-

 

Landlord may designate), Tenant shall deliver to Landlord: (i) a request for payment of the
“Contractor,” as that term is defined in Section 4.1 of this Tenant Work Letter, approved
by Tenant, in a form to be provided by Landlord, showing the schedule, by trade, of percentage of
completion of the Tenant Improvements in the Premises, detailing the portion of the work completed
and the portion not completed; (ii) invoices from all of “Tenant’s Agents,” as that term is defined
in Section 4.1.2 of this Tenant Work Letter, for labor rendered and materials delivered to
the Premises; (iii) executed mechanic’s lien releases from all of Tenant’s Agents which shall
comply with the appropriate provisions, as reasonably determined by Landlord, of California Civil
Code Section 3262(d); and (iv) all other information reasonably requested by Landlord. Tenant’s
request for payment shall be deemed Tenant’s acceptance and approval of the work furnished and/or
the materials supplied as set forth in Tenant’s payment request. Thereafter, Landlord shall
deliver a check to Tenant made jointly payable to Contractor and Tenant in payment of the lesser
of: (A) the amounts so requested by Tenant, as set forth in this Section 2.2.2.1, above,
less a ten percent (10%) retention (the aggregate amount of such retentions to be known as the
“Final Retention”), and (B) the balance of any remaining available portion of the Tenant
Improvement Allowance (not including the Final Retention), provided that Landlord does not
reasonably dispute any request for payment based on non-compliance of any work with the “Approved
Working Drawings,” as that term is defined in Section 3.4 below, or due to any substandard
work. Landlord’s payment of such amounts shall not be deemed Landlord’s approval or acceptance of
the work furnished or materials supplied as set forth in Tenant’s payment request.

               2.2.2.2 Final Retention. Subject to the provisions of this Tenant Work Letter, a
check for the Final Retention payable jointly to Tenant and Contractor shall be delivered by
Landlord to Tenant following the completion of construction of the Premises, provided that (i)
Tenant delivers to Landlord properly executed mechanics lien releases in compliance with both
California Civil Code Section 3262(d)(2) and either Section 3262(d)(3) or Section 3262(d)(4), (ii)
Landlord has determined in its reasonable judgment that no substandard work exists which adversely
affects the mechanical, electrical, plumbing, heating, ventilating and air conditioning,
life-safety or other systems of the Building, the curtain wall of the Building, the structure or
exterior appearance of the Building, or any other tenant’s use of such other tenant’s leased
premises in the Building and (iii) Architect delivers to Landlord a certificate, in a form
reasonably acceptable to Landlord, certifying that the construction of the Tenant Improvements in
the Premises has been substantially completed.

          2.2.3 Corridor Work and other Tenant Improvements. Landlord acknowledges that,
subject to the terms and conditions of this Tenant Work Letter, Tenant shall, as part of the
construction of the Tenant Improvements, collapse the corridor areas as more particularly set forth
on those certain plans prepared by Hooks ASD and dated January 10, 2008 (such Tenant Improvements
may be referred to individually as the “Corridor Work”). Tenant hereby acknowledges that Landlord
has made no representation or warranty to Tenant with respect to the probability of obtaining all
necessary governmental approvals and permits for such Corridor Work. In the event Tenant does not
receive the necessary governmental approvals and permits for such Corridor Work, then subject to
the terms set forth in Section 16 of this Amendment, Tenant’s and Landlord’s rights and obligations
under the remaining terms and conditions of the Lease shall be unaffected. Additionally, subject
to Landlord’s review and approval of the Construction Drawings (as defined in Section 3.1,
below), Tenant shall have the right to install (subject to the terms and conditions of this Tenant
Work Letter) the following Tenant Improvements in the Premises: (i) supplemental HVAC equipment
for the purpose of serving computer labs or additional server rooms; (ii) a security system within
the Premises and on the exterior doors of the Premises, provided such security system is in
compliance with the Building’s security systems and policies, (iii) indirect lighting fixtures in
lieu of Building standard fixtures, provided such fixtures comply with Title 24 and do not
interfere with other Building systems, (iv) a limited number of floor cores for supplemental
electrical needs, provided that the location and approval of all such floor cores will be subject
to Landlord’s reasonable approval; and (v) power poles for supplemental electrical power.

          2.2.4 Other Terms. Landlord shall only be obligated to make disbursements from the
Tenant Improvement Allowance to the extent costs are incurred by Tenant for Tenant Improvement
Allowance Items. All Tenant Improvement Allowance Items for which the Tenant Improvement Allowance
has been made available shall be deemed Landlord’s property under the terms of the Lease.

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
	 	/s/ TPB
 	 
	 	 	 
	 	 	 

EXHIBIT B
-3-

 

          2.2.5 Removal of Tenant Improvements. To the extent that the Corridor Work is perform
by Tenant in accordance with those certain plans prepared by Hooks ASD and dated January 10, 2008,
Tenant shall not be obligated upon the expiration or earlier termination of this Lease to restore
any portion of such Corridor Work. In addition, to the extent that as part of the Tenant
Improvements Tenant installs any power poles for Tenant’s supplemental electrical needs, then all
such power poles shall be removed by Tenant upon the expiration or earlier termination of the
Lease, and which removal shall be subject to the terms set forth in Section 8.5 of the
Lease. With respect to all other Tenant Improvements, in connection with Landlord’s review of any
of the Construction Documents, Landlord shall notify Tenant in writing of Tenant Improvements that
Tenant shall be required to remove (including corresponding restorations to the affected portions
of the Building) upon the expiration or earlier termination of the Lease, and which removal shall
be subject to the terms set forth in Section 8.5 of the Lease; provided, however, that
Tenant shall not be required to remove any Tenant Improvements which (i) comply with current
Building standards for improvements, and (ii) constitute improvements which are normal and
customary for general office use. Notwithstanding the foregoing, upon the expiration of the Lease
Term, or immediately following any earlier termination of this Lease, Tenant shall continue to be
obligated, at Tenant’s sole cost and expense, to remove all Lines in the Premises (including the
7th Amendment Expansion Premises) installed by Tenant, and repair any damage caused by such
removal.

SECTION 3

CONSTRUCTION DRAWINGS

     3.1 Selection of Architect/Construction Drawings. Tenant shall retain the
architect/space planner designated by Tenant, subject to the approval of Landlord, which approval
shall not be unreasonably withheld, conditioned or delayed (the “Architect”) to prepare the
“Construction Drawings,” as that term is defined in this Section 3.1, it being acknowledged
that Landlord has pre-approved HooksASD as the Architect. Landlord shall pay, as a cost
(“Landlord’s Drawing Contribution”) not to be deducted from the Tenant Improvement Allowance but in
an amount not to exceed $0.15 per rentable square foot of the Premises, the cost of one (1)
preliminary space plan for the Premises, but not the cost of any revisions thereto requested by
Tenant or required by Landlord and no portion of the Landlord’s Drawing Contribution, if any,
remaining after the completion of the Tenant Improvements shall be available for use by Tenant.
Tenant shall retain the engineering consultants designated by Tenant, subject to the approval of
Landlord, which approval shall not be unreasonably withheld, conditioned or delayed (the
“Engineers”) to prepare all plans and engineering working drawings relating to the structural,
mechanical, electrical, plumbing, HVAC, lifesafety, and sprinkler work in the Premises, which work
is not part of the Base Building. The plans and drawings to be prepared by Architect and the
Engineers hereunder shall be known collectively as the “Construction Drawings.” All Construction
Drawings shall comply with the drawing format and specifications determined by Landlord, and shall
be subject to Landlord’s approval, which shall not be unreasonably withheld, conditioned or
delayed. Tenant and Architect shall verify, in the field, the dimensions and conditions as shown
on the relevant portions of the base building plans, and Tenant and Architect shall be solely
responsible for the same, and Landlord shall have no responsibility in connection therewith.
Landlord’s review of the Construction Drawings as set forth in this Section 3, shall be for
its sole purpose and shall not imply Landlord’s review of the same, or obligate Landlord to review
the same, for quality, design, Code compliance or other like matters. Accordingly, notwithstanding
that any Construction Drawings are reviewed by Landlord or its space planner, architect, engineers
and consultants, and notwithstanding any advice or assistance which may be rendered to Tenant by
Landlord or Landlord’s space planner, architect, engineers, and consultants, Landlord shall have no
liability whatsoever in connection therewith and shall not be responsible for any omissions or
errors contained in the Construction Drawings, and Tenant’s waiver and indemnity set forth in
Sections 8.5 and 10.1 of this Lease shall specifically apply to the Construction Drawings.

     3.2 Final Space Plan. Tenant shall supply Landlord with four (4) copies signed by
Tenant of its final space plan for the Premises before any architectural working drawings or
engineering drawings have been commenced. The final space plan (the “Final Space Plan”) shall
include a layout and designation of all offices, rooms and other partitioning, their intended use,
and equipment to be contained therein. Landlord may request clarification or more specific
drawings for special use items not included in the Final Space Plan. Landlord shall advise Tenant
in writing within five (5) business days after Landlord’s receipt of the Final Space Plan for the
Premises if the same is unsatisfactory or incomplete in any respect, specifying with

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
	 	/s/ TPB
 	 
	 	 	 
	 	 	 

EXHIBIT B
-4-

 

reasonable specificity the reasons for Landlord’s objection and/or the changes needed to
eliminate Landlord’s objection. If Tenant is so advised, Tenant shall promptly cause the Final
Space Plan to be revised to correct any deficiencies or other matters Landlord may reasonably
require. In the event that Landlord fails to respond to Tenant regarding the Final Space Plan
within the five (5) business day period set forth above, then the Final Space Plan shall be deemed
to have been approved by Landlord.

     3.3 Final Working Drawings. After the Final Space Plan has been approved by
Landlord, Tenant shall supply the Engineers with a complete listing of standard and non-standard
equipment and specifications, including, without limitation, B.T.U. calculations, electrical
requirements and special electrical receptacle requirements for the Premises, to enable the
Engineers and the Architect to complete the “Final Working Drawings” (as that term is defined
below) in the manner as set forth below. Upon the approval of the Final Space Plan by Landlord and
Tenant, Tenant shall promptly cause the Architect and the Engineers to complete the architectural
and engineering drawings for the Premises, and Architect shall compile a fully coordinated set of
architectural, structural, mechanical, electrical and plumbing working drawings in a form which is
complete to allow subcontractors to bid on the work and to obtain all applicable permits
(collectively, the “Final Working Drawings”) and shall submit the same to Landlord for Landlord’s
approval. Tenant shall supply Landlord with four (4) copies signed by Tenant of such Final Working
Drawings. Landlord shall advise Tenant in writing within five (5) business days after Landlord’s
receipt of the Final Working Drawings for the Premises if the same is unsatisfactory or incomplete
in any respect, specifying with reasonable specificity the reasons for Landlord’s objection and/or
the changes needed to eliminate Landlord’s objection. If Tenant is so advised, Tenant shall
immediately revise the Final Working Drawings in accordance with such review and correct any
deficiencies or other matters Landlord may reasonably require. In the event that Landlord fails to
respond to Tenant regarding the Final Working Drawings within the five (5) business day period set
forth above, then the Final Working Drawings shall be deemed to have been approved by Landlord.

     3.4 Approved Working Drawings. The Final Working Drawings shall be approved (or, as
set forth in Section 3.3, above, deemed approved) by Landlord (the “Approved Working Drawings”)
prior to the commencement of construction of the Premises by Tenant. After approval by Landlord of
the Final Working Drawings, Tenant may submit the same to the appropriate municipal authorities for
all applicable building permits. Tenant hereby agrees that neither Landlord nor Landlord’s
consultants shall be responsible for obtaining any building permit or certificate of occupancy for
the Premises and that obtaining the same shall be Tenant’s responsibility; provided, however, that
Landlord shall cooperate with Tenant in executing permit applications and performing other
ministerial acts reasonably necessary to enable Tenant to obtain any such permit or certificate of
occupancy. No changes, modifications or alterations in the Approved Working Drawings may be made
without the prior written consent of Landlord, which consent may not be unreasonably withheld,
conditioned or delayed.

SECTION 4

CONSTRUCTION OF THE TENANT IMPROVEMENTS

     4.1 Tenant’s Selection of Contractors.

          4.1.1 The Contractor. A general contractor shall be retained by Tenant to construct
the Tenant Improvements. Such general contractor (“Contractor”) shall be selected by Tenant,
subject to the approval of Landlord, which approval shall not be unreasonably withheld, conditioned
or delayed.

          4.1.2 Tenant’s Agents. All subcontractors, laborers, materialmen, and suppliers used
by Tenant (such subcontractors, laborers, materialmen, and suppliers, and the Contractor to be
known collectively as “Tenant’s Agents”) must be approved in writing by Landlord, which approval
shall not be unreasonably withheld, conditioned or delayed. If Landlord does not approve any of
Tenant’s proposed subcontractors, laborers, materialmen or suppliers, Tenant shall submit other
proposed subcontractors, laborers, materialmen or suppliers for Landlord’s written approval.

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
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EXHIBIT B
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     4.2 Construction of Tenant Improvements by Tenant’s Agents.

          4.2.1 Construction Contract; Cost Budget. Prior to Tenant’s execution of the
construction contract and general conditions with Contractor (the “Contract”), Tenant shall submit
the Contract to Landlord for its approval, which approval shall not be unreasonably withheld,
conditioned or delayed. Prior to the commencement of the construction of the Tenant Improvements,
and after Tenant has accepted all bids for the Tenant Improvements, Tenant shall provide Landlord
with a detailed breakdown, by trade, of the final costs to be incurred or which have been incurred,
as set forth more particularly in Sections 2.2.1.1 through 2.2.1.10, above, in connection
with the design and construction of the Tenant Improvements to be performed by or at the direction
of Tenant or the Contractor, which costs form a basis for the amount of the Contract (the “Final
Costs”). If the amount of Final Costs is greater than the amount of the Tenant Improvement
Allowance (the “Improvement Excess”), then Tenant shall pay a percentage of each amount disbursed
by Landlord to the Contractor or otherwise disbursed under this Tenant Work Letter, which
percentage shall be equal to the amount of the Improvement Excess divided by the amount of Final
Costs, and such payment by Tenant shall be a condition to Landlord’s obligation to pay any amounts
of the Tenant Improvement Allowance. In the event that, after the Final Costs have been delivered
by Tenant to Landlord, the costs relating to the design and construction of the Tenant Improvements
shall change, any additional costs necessary to such design and construction in excess of the Final
Costs, shall be paid by Tenant directly to the Contractor to Landlord within ten (10) days
following written demand by Landlord, but Tenant shall continue to provide Landlord with the
documents described in Sections 2.2.2.1 (i), (ii), (iii) and (iv) of this Tenant Work
Letter, above, for Landlord’s approval, prior to Tenant paying such costs.

          4.2.2 Tenant’s Agents.

               4.2.2.1 Landlord’s General Conditions for Tenant’s Agents and Tenant Improvement
Work. Tenant’s and Tenant’s Agent’s construction of the Tenant Improvements shall comply with
the following: (i) the Tenant Improvements shall be constructed in strict accordance with the
Approved Working Drawings; (ii) Tenant’s Agents shall submit schedules of all work relating to the
Tenant’s Improvements to Contractor and Contractor shall, within five (5) business days of receipt
thereof, inform Tenant’s Agents of any changes which are necessary thereto, and Tenant’s Agents
shall adhere to such corrected schedule; and (iii) Tenant shall abide by all rules made by
Landlord’s Building manager with respect to the use of freight, loading dock and service elevators,
storage of materials, coordination of work with the contractors of other tenants, and any other
matter in connection with this Tenant Work Letter, including, without limitation, the construction
of the Tenant Improvements. Tenant shall pay a logistical coordination fee (the “Coordination
Fee”) to Landlord in an amount equal to three percent (3%) of the total hard and soft costs
incurred in connection with the Tenant Improvements, but in no event in excess of an amount equal
to $1.50 per rentable square foot of the Premises.

               4.2.2.2 Indemnity. Tenant’s indemnity of Landlord as set forth in this Lease shall
also apply with respect to any and all costs, losses, damages, injuries and liabilities related in
any way to any act or omission of Tenant or Tenant’s Agents, or anyone directly or indirectly
employed by any of them, or in connection with Tenant’s non-payment of any amount for which Tenant
is responsible arising out of the Tenant Improvements and/or Tenant’s disapproval of all or any
portion of any request for payment. Such indemnity by Tenant, as set forth in this Lease, shall
also apply with respect to any and all costs, losses, damages, injuries and liabilities related in
any way to Landlord’s performance of any ministerial acts reasonably necessary (i) to permit Tenant
to complete the Tenant Improvements, and (ii) to enable Tenant to obtain any building permit or
certificate of occupancy for the Premises, except to the extent caused by the gross negligence or
willful misconduct of Landlord, its agents, servants or employees.

               4.2.2.3 Requirements of Tenant’s Agents. Each of Tenant’s Agents shall guarantee to
Tenant and for the benefit of Landlord that the portion of the Tenant Improvements for which it is
responsible shall be free from any defects in workmanship and materials for a period of not less
than one (1) year from the date of completion thereof. Each of Tenant’s Agents shall be
responsible for the replacement or repair, without additional charge, of all work done or furnished
in accordance with its contract that shall become defective within one (1) year after the later to
occur of (i) completion of the work performed by such contractor or subcontractors and (ii) the
Premises Commencement Date. The correction of such work shall include, without

	 	 	 	 	 
	 	 	 
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EXHIBIT B
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additional charge, all additional expenses and damages incurred in connection with such
removal or replacement of all or any part of the Tenant Improvements, and/or the Building and/or
common areas that may be damaged or disturbed thereby. All such warranties or guarantees as to
materials or workmanship of or with respect to the Tenant Improvements shall be contained in the
Contract or subcontract and shall be written such that such guarantees or warranties shall inure to
the benefit of both Landlord and Tenant, as their respective interests may appear, and can be
directly enforced by either. Tenant covenants to give to Landlord any assignment or other
assurances which may be necessary to effect such right of direct enforcement.

               4.2.2.4 Insurance Requirements.

                    4.2.2.4.1 General Coverages. All of Tenant’s Agents shall carry worker’s
compensation insurance covering all of their respective employees, and shall also carry commercial
general liability insurance, including property damage, all with limits, in form and with companies
as are required to be carried by Tenant as set forth in the Lease.

                    4.2.2.4.2 Special Coverages. Tenant shall carry “Builder’s All Risk” insurance in an
amount approved by Landlord covering the construction of the Tenant Improvements, and such other
insurance as Landlord may require, it being understood and agreed that the Tenant Improvements
shall be insured by Tenant pursuant to the Lease immediately upon completion thereof. Such
insurance shall be in amounts and shall include such extended coverage endorsements as may be
reasonably required by Landlord including, but not limited to, the requirement that all of Tenant’s
Agents shall carry excess liability and Products and Completed Operation Coverage insurance, each
in amounts not less than $500,000 per incident, $2,000,000 in aggregate, and in form and with
companies as are required to be carried by Tenant as set forth in the Lease.

                    4.2.2.4.3 General Terms. Certificates for all insurance carried pursuant to this
Section 4.2.2.4 shall be delivered to Landlord before the commencement of construction of
the Tenant Improvements and before the Contractor’s equipment is moved onto the site. All such
policies of insurance must contain a provision that the company writing said policy will give
Landlord thirty (30) days prior written notice of any cancellation or lapse of the effective date
or any reduction in the amounts of such insurance. In the event that the Tenant Improvements are
damaged by any cause during the course of the construction thereof, Tenant shall immediately repair
the same at Tenant’s sole cost and expense. Tenant’s Agents shall maintain all of the foregoing
insurance coverage in force until the Tenant Improvements are fully completed and accepted by
Landlord, except for any Products and Completed Operation Coverage insurance required by Landlord,
which is to be maintained for ten (10) years following completion of the work and acceptance by
Landlord and Tenant. All policies carried under this Section 4.2.2.4 shall insure Landlord
and Tenant, as their interests may appear, as well as Contractor and Tenant’s Agents. All
insurance, except Workers’ Compensation, maintained by Tenant’s Agents shall preclude subrogation
claims by the insurer against anyone insured thereunder. Such insurance shall provide that it is
primary insurance as respects the owner and that any other insurance maintained by owner is excess
and noncontributing with the insurance required hereunder. The requirements for the foregoing
insurance shall not derogate from the provisions for indemnification of Landlord by Tenant under
Section 4.2.2.2 of this Tenant Work Letter.

                    4.2.2.4.4 Tenant’s Access Rights. Landlord agrees that following the mutual execution
and delivery of this Lease, Tenant and Tenant’s Agents shall be granted access to the Premises for
purposes of completing the Tenant Improvements and fixturizing the Premises, provided Tenant and
Tenant’s Agents have provided Landlord evidence of the insurance coverage required under this
Section 4.2.2.4.

          4.2.3 Governmental Compliance. The Tenant Improvements shall comply in all respects
with the following: (i) the Code and other state, federal, city or quasi-governmental laws, codes,
ordinances and regulations, as each may apply according to the rulings of the controlling public
official, agent or other person; (ii) applicable standards of the American Insurance Association
(formerly, the National Board of Fire Underwriters) and the National Electrical Code; and (iii)
building material manufacturer’s specifications.

          4.2.4 Inspection by Landlord. Landlord shall have the right to inspect the Tenant
Improvements at all times, provided however, that Landlord’s failure to inspect the Tenant

	 	 	 	 	 
	 	 	 
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EXHIBIT B
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Improvements shall in no event constitute a waiver of any of Landlord’s rights hereunder nor
shall Landlord’s inspection of the Tenant Improvements constitute Landlord’s approval of the same.
Should Landlord reasonably disapprove any portion of the Tenant Improvements, Landlord shall notify
Tenant in writing of such disapproval and shall specify the items disapproved. Any defects or
deviations in, and/or disapproval by Landlord of, the Tenant Improvements shall be rectified by
Tenant at no expense to Landlord, provided however, that in the event Landlord determines that a
defect or deviation exists or disapproves of any matter in connection with any portion of the
Tenant Improvements and such defect, deviation or matter might adversely affect the mechanical,
electrical, plumbing, heating, ventilating and air conditioning or life-safety systems of the
Building, the structure or exterior appearance of the Building or any other tenant’s use of such
other tenant’s leased premises, Landlord may, take such action as Landlord deems reasonably
necessary, at Tenant’s expense and without incurring any liability on Landlord’s part, to correct
any such defect, deviation and/or matter, including, without limitation, causing the cessation of
performance of the construction of the Tenant Improvements until such time as the defect, deviation
and/or matter is corrected to Landlord’s satisfaction.

          4.2.5 Meetings. Commencing upon Landlord’s approval of the Final Space Plan, Tenant
shall hold weekly meetings at a reasonable time, with the Architect and the Contractor regarding
the progress of the preparation of Construction Drawings and the construction of the Tenant
Improvements, which meetings shall be held at the Building, and Landlord and/or its agents shall
receive prior notice of, and shall have the right to attend, all such meetings, and, upon
Landlord’s request, certain of Tenant’s Agents shall attend such meetings. In addition, minutes
shall be taken at all such meetings, a copy of which minutes shall be promptly delivered to
Landlord. One such meeting each month shall include the review of Contractor’s current request for
payment.

     4.3 Notice of Completion; Copy of Record Set of Plans. Within ten (10) days after
completion of construction of the Tenant Improvements, Tenant shall cause a Notice of Completion to
be recorded in the office of the Recorder of the county in which the Building is located in
accordance with Section 3093 of the Civil Code of the State of California or any successor statute,
and shall furnish a copy thereof to Landlord upon such recordation. If Tenant fails to do so,
Landlord may execute and file the same on behalf of Tenant as Tenant’s agent for such purpose, at
Tenant’s sole cost and expense. At the conclusion of construction, (i) Tenant shall cause the
Architect and Contractor (A) to update the Approved Working Drawings as necessary to reflect all
changes made to the Approved Working Drawings during the course of construction, (B) to certify to
the best of their knowledge that the “record-set” of as-built drawings are true and correct, which
certification shall survive the expiration or termination of this Lease, and (C) to deliver to
Landlord two (2) sets of copies of such record set of drawings within ninety (90) days following
issuance of a certificate of occupancy for the Premises, and (ii) Tenant shall deliver to Landlord
a copy of all warranties, guaranties, and operating manuals and information relating to the
improvements, equipment, and systems in the Premises.

SECTION 5

MISCELLANEOUS

     5.1 Tenant’s Representative. Tenant has designated [[PLEASE PROVIDE]]
                    
as its sole representative with respect to the matters set forth in this Tenant
Work Letter, who shall have full authority and responsibility to act on behalf of the Tenant as
required in this Tenant Work Letter.

     5.2 Landlord’s Representative. Landlord has designated Mr. Garth Phillips as its
sole representative with respect to the matters set forth in this Tenant Work Letter, who, until
further notice to Tenant, shall have full authority and responsibility to act on behalf of the
Landlord as required in this Tenant Work Letter.

     5.3 Time of the Essence in This Tenant Work Letter. Unless otherwise indicated, all
references herein to a “number of days” shall mean and refer to calendar days. If any item
requiring approval is timely disapproved by Landlord, the procedure for preparation of the document
and approval thereof shall be repeated until the document is approved by Landlord.

	 	 	 	 	 
	 	 	 
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EXHIBIT B
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     5.4 Tenant’s Lease Default. Notwithstanding any provision to the contrary contained
in this Lease, if an event of default as described in the Lease or this Tenant Work Letter has
occurred, beyond any applicable notice and cure period set forth therein, at any time on or before
the substantial completion of the Premises, then (i) in addition to all other rights and remedies
granted to Landlord pursuant to this Lease, Landlord shall have the right to withhold payment of
all or any portion of the Tenant Improvement Allowance and/or Landlord may cause Contractor to
cease the construction of the Premises (in which case, Tenant shall be responsible for any delay in
the substantial completion of the Premises caused by such work stoppage), and (ii) all other
obligations of Landlord under the terms of this Tenant Work Letter shall be forgiven until such
time as such default is cured pursuant to the terms of this Lease (in which case, Tenant shall be
responsible for any delay in the substantial completion of the Premises caused by such inaction by
Landlord).

     5.5 Miscellaneous Charges. In connection with the construction of the Tenant
Improvements, to the extent the same is reasonably available, Landlord shall provide, and neither
Tenant nor Tenant’s Agents nor the Contractor or subcontractors retained by Tenant to construct the
Tenant Improvements shall be charged for (i) the use of elevators, electricity, water, and/or
loading docks, and (ii) two (2) parking spaces during Building Hours and five (5) parking spaces
outside of Building Hours. Landlord shall also provide Tenant, Contractor and Tenant’s Agents with
reasonable access to the Premises in order to construct the Tenant Improvements. Notwithstanding
the foregoing, if Tenant, Tenant’s Agents or the Contractor requires any of the foregoing in
connection with any use reasonably unrelated to Tenant’s construction and/or installation of the
Tenant Improvements, Tenant shall pay the applicable cost of such service.

     5.6 Capitalized Terms. All capitalized terms when used herein shall have the same meaning as
is given such terms in the Lease unless expressly superseded by the terms of this Work Letter.

	 	 	 	 	 
	 	 	 
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EXHIBIT B
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EXHIBIT C

FIRST OFFER SPACES

     This Exhibit C is referenced in Section 8 of that certain Seventh Amendment to Office
Lease made and entered into as of the 2nd day of May 2008, by and between CHINA BASIN/SAN
FRANCISCO, LLC, a Delaware limited liability company (“Landlord”), and LOOPNET, INC., a California
corporation (“Tenant”).

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
	 	/s/ TPB
 	 
	 	 	 
	 	 	 

CHINA BASIN/SAN FRANCISCO, LLC

[Loopnet, Inc.]

EXHIBIT C
-1-

 

	 	 	 	 	 
	 	 	 
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EXHIBIT C
-2-

 

	 	 	 	 	 
	 	 	 
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EXHIBIT C
-3-

 

EXHIBIT D

SCHEDULE OF SUPERIOR RIGHT HOLDERS

     This Exhibit D is referenced in Section 8 of that certain Seventh Amendment to Office
Lease made and entered into as of the 2nd day of May 2008, by and between CHINA BASIN/SAN
FRANCISCO, LLC, a Delaware limited liability company (“Landlord”), and LOOPNET, INC., a California
corporation (“Tenant”).

	 	 	 	 	 	 	 
	 	 	 	 	Currently	 	 
	 	 	Current Approximate	 	Anticipated	 	 
	Suite Number	 	RSF	 	Expiration Date	 	Options
	3000
	 	16,633	 	3/31/2010	 	None
	3100
	 	8,737	 	4/20/2010	 	None
	4601
	 	2,924	 	8/8/2012	 	None
	4603
	 	5,832	 	8/8/2012	 	None
	4610
	 	678	 	11/30/2008	 	None
	4800
	 	24,533**	 	7/31/2009	 	None
	4801
	 	1,679	 	Vacant	 	N/A
	4805
	 	2,040	 	Vacant	 	N/A
	4807
	 	3,075	 	Vacant	 	N/A
	5050
	 	2,884	 	4/30/2008	 	None
	5100
	 	19,014	 	5/31/2014	 	1-5 YR
	5200
	 	3,684	 	2/28/2010	 	None
	5300
	 	5,458	 	9/30/2013*	 	None
	5350
	 	3,459	 	3/31/2013*	 	None
	5400
	 	2,264	 	2/28/2009	 	1-3 YR
	5411
	 	2,852	 	1/31/2013	 	None
	5500
	 	4,661	 	1/31/2013	 	None
	5510
	 	1,475	 	1/31/13	 	None

 

			
	*	 	Lease Pending
	 
	**	 	Subject to square footage recalculation

	 	 	 	 	 
	 	 	 
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CHINA BASIN/SAN FRANCISCO, LLC

[Loopnet, Inc.]

EXHIBIT D
-1-

 

EXHIBIT E

TENANT’S SIGN SPECIFICATIONS

     This Exhibit E is referenced in Section 9.2 of that certain Seventh Amendment to
Office Lease made and entered into as of the 2nd day of May 2008, by and between CHINA BASIN/SAN
FRANCISCO, LLC, a Delaware limited liability company (“Landlord”), and LOOPNET, INC., a California
corporation (“Tenant”).

[TO
BE ATTACHED]

	 	 	 	 	 
	 	 	 
	 	/s/ PAA
 	 
	 	 	 
	 	 	 
	 	/s/ RJB
 	 
	 	 	 
	 	 	 
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CHINA BASIN/SAN FRANCISCO, LLC

[Loopnet, Inc.]

EXHIBIT E
-1-

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