Document:

Exhibit 10.60

 

FIRST AMENDMENT TO LEASE AGREEMENT

CHANGE OF COMMENCEMENT DATE

 

This First Amendment to Lease Agreement (the

“Amendment”) is made and entered into December 10, 1997, by and between WHLNF

Real Estate Limited Partnership, a Delaware limited partnership (“Landlord”),

and InVision Technologies, Inc., a Delaware corporation (“Tenant”), with

reference to the following facts:

 

RECITALS

 

A.  Landlord and Tenant have entered into that

certain Lease Agreement dated February 11, 1997 (the “Lease”), for the leasing

of certain premises containing approximately 95,245 rentable square feet of

space located at 7151 Gateway Boulevard, Newark, California (the “Premises”) as

such Premises are more fully described in the Lease.

 

B.   Landlord and Tenant wish to amend the

Commencement Date of the Lease.

 

NOW,

THEREFORE, in consideration of the foregoing and for other

good and valuable consideration, the receipt and adequacy of which are hereby

acknowledged, Landlord and Tenant hereby agree as follows:

 

1.   Recitals:  Landlord and Tenant agree that the above recitals are true and

correct.

 

2.   Commencement:  The Commencement Date of the Lease shall be

August 15, 1997.

 

3.   Expiration:  The last day of the Term of the Lease (the “Expiration Date”)

shall be August 14, 2007.

 

4.   The dates on which the Base Rent will be

adjusted are:

 

	

  August 15, 1997

  	

   

  	

  $

  	

  0.00

  	

   

  	

  (Months 1-2)

  
	

  October 15, 1997

  	

   

  	

  $

  	

  50,151.00

  	

   

  	

  (Months 3-4)

  
	

  December 15, 1997

  	

   

  	

  $

  	

  71,433.75

  	

   

  	

  (Months 5-12)

  
	

  August 15, 1998

  	

   

  	

  $

  	

  80,958.25

  	

   

  	

  (Months 13-24)

  
	

  August 15, 1999

  	

   

  	

  $

  	

  83,815.60

  	

   

  	

  (Months 25-36)

  
	

  August 15, 2000

  	

   

  	

  $

  	

  87,625.40

  	

   

  	

  (Months 37-48)

  
	

  August 15, 2001

  	

   

  	

  $

  	

  91,435.20

  	

   

  	

  (Months 49-60)

  
	

  August 15, 2002

  	

   

  	

  $

  	

  95,245.00

  	

   

  	

  (Months 61-72)

  
	

  August 15, 2003

  	

   

  	

  $

  	

  99,054.80

  	

   

  	

  (Months 73-84)

  
	

  August 15, 2004

  	

   

  	

  $

  	

  102,864.60

  	

   

  	

  (Months 85-96)

  
	

  August 15, 2005

  	

   

  	

  $

  	

  106,674.40

  	

   

  	

  (Months 97-108)

  
	

  August 15, 2006

  	

   

  	

  $

  	

  110,484.20

  	

   

  	

  (Months 109-120)

  

 

5.   Effect of Amendment:  Except as modified herein, the terms and

conditions of the Lease shall remain unmodified and continue in full force and

effect. In the event of any conflict between the terms and conditions of the

Lease and this Amendment, the terms and conditions of this Amendment shall

prevail.

 

6.   Definitions:  Unless otherwise defined in this Amendment, all terms not defined

in this Amendment shall have the meaning set forth in the Lease.

 

7.   Authority:  Subject to the provisions of the Lease, this Amendment shall be

binding upon and inure to the benefit of the parties hereto, their respective

heirs, legal representatives, successors and assigns. Each party hereto and the

persons signing below warrant that the person signing below on such party’s

behalf is authorized to do so and to bind such party to the terms of this

Amendment.

 

8.   The terms and provisions of the Lease are

hereby incorporated in this Amendment.

 

IN WITNESS

WHEREOF, the parties have executed this Amendment as of the date and year

first above written.

 

TENANT:

 

	

  InVision Technologies,

  Inc.,

  a Delaware corporation

  
	

   

  
	

  By:

  	

  /s/ Curt DiSibio

  	

   

  
	

   

  
	

  Its:

  	

  C.F.O.

  	

   

  
	

   

  
	

  Date:

  	

  12/15/97

  	

   

  
	

   

  
	

  LANDLORD:

  
	

   

  
	

  WHLNF Real Estate Limited

  Partnership,

  
	

  a Delaware limited

  partnership

  
	

   

  
	

  By:

  	

  Lincoln Property Company

  Management Services, Inc.,

  as manager and agent for Landlord

  
	

   

  
	

   

  	

  By:

  	

  /s/ [ILLEGIBLE]

  	

   

  
	

   

  	

   

  	

  Senior Vice President

  	

   

  
	

   

  
	

   

  	

  Date:Exhibit 10.61

 

SECOND AMENDMENT TO LEASE AGREEMENT

 

This Second

Amendment to Lease Agreement (this “Amendment”) is made as of the 1st day of

July, 2002, by and between DMV SUB 4 LLC, a Delaware limited liability company

(“Landlord”), and INVISION TECHNOLOGIES, INC., a Delaware corporation

(“Tenant”).

 

RECITALS

 

A.                         Tenant

and WHLNF Real Estate Limited Partnership (“WHLNF”) entered into that certain

Lease Agreement dated February 11, 1997, as amended by that certain First

Amendment to Lease Agreement dated December 10, 1997 (collectively the

“Lease”), for premises located in Building II (the “Building”) located at 7151

Gateway Boulevard, in the Bridgeway Technology Center, in the City of Newark,

County of Alameda, State of California, all as more particularly set forth in

the Lease (the “Original Premises”).

 

B.                           WHLNF

conveyed all of its interest in the Building and the Park to Landlord by grant

deed.

 

C.                           Landlord

and Tenant desire to amend the Lease upon the terms and conditions set forth

below.

 

NOW, THEREFORE,

in consideration of the foregoing, the parties hereto agree as follows:

 

The Lease is

hereby amended as follows:

 

1.        Expansion of Premises.  In addition to the Original Premises

currently leased by Tenant, on September 1, 2002 (the “Effective Date”), Landlord

and Tenant agree that Tenant shall also lease approximately 18,742 rentable

square feet located at 7007 Gateway Boulevard, Newark, California 94560 (the

“Expansion Premises”), as depicted on the floor plan attached hereto and made a

part thereof as Exhibit A.  All terms,

covenants and conditions of the Lease, as amended hereby, shall cover the lease

of the Expansion Premises during the Expansion Period (as defined below).

 

2.        Expansion Premises

Term.  The term of the Lease

covering the Expansion Premises shall be for a period of twenty five (25)

months from and including the Effective Date to and including September 30,

2004 (the “Expansion Period”).

 

3.        Condition of

Expansion Premises.  Landlord shall

not be responsible for making any improvements to the Expansion Premises and

Tenant agrees to accept the Expansion Premises in their “as-is” condition as of

the date hereof, including without limitation, leaving all currently existing

racking in the Expansion Premises for Tenant’s use thereof during the Expansion

Period. Landlord shall, at its sole cost and expense, provide Tenant with an

allowance of Fifty Six Thousand Two Hundred Twenty Six and No/100 Dollars

($56,226.00) (the

 

 

“Allowance”) for the purpose of

Tenant’s installation of general improvements to the Expansion Premises subject

to compliance with the provisions of Section 10.1 of the Lease. The Allowance

shall be  available for application to

the cost of such improvements only to the extent such improvements have been

completed on or before December 31, 2002, absent any Landlord-caused  delays related thereto. The Allowance shall

be paid to Tenant or to Tenant’s Contractor(s) (as hereinafter defined) or

Tenant’s agents at Tenant’s direction, within fifteen (15) business days after

the receipt of written notice, accompanied by the following (an “Application

for Payment”): (i) invoices covering the subject work, (ii) a written

certification from Tenant’s architect that the work described on all such

invoices has been substantially completed in accordance with the plans and

specifications approved by Landlord, and (iii) copies of conditional or

unconditional, partial or complete waivers of lien, as appropriate, from all

contractors subcontractors and materialmen (“Tenant’s Contractor(s)”) covering

all work which is the subject of the invoices so submitted, and (iv) in the

event payment is to be made to Tenant, copies of any applicable documentation

that indicates that Tenant has made payment to Tenant’s Contractor(s) or agents

related to the invoices for which payment is requested. Tenant and Landlord

agree that all costs of the work in excess of the Allowance shall be paid by

Tenant prior to any disbursement by Landlord of the Allowance.  If any portion of the Allowance exceeds the

costs of the work for which it is applicable, Tenant shall not be entitled to

any payment, rent reduction, or credit therefor.  Tenant may enter the Expansion Premises prior to the Effective

Date to ready the Expansion Premises for its occupancy upon all of the terms of

the Lease other than the obligation to pay rent for the Expansion Premises, in

whatever form.

 

4.        Rent Amendment.  Commencing on October 1, 2002, and

continuing throughout the Expansion Period, the monthly Base Rent due under the

Lease for the Expansion Premises, shall be Seventeen Thousand Eight Hundred

Four and 90/100 Dollars ($17,804.90). No Base Rent applicable to the Expansion

Premises shall be due for the month of September, 2002.

 

5.        Tenant’s Percentage

Share.  Commencing on October 1,

2002, and continuing throughout the Expansion Period, Tenant’s Share of

Operating Expenses, of Tax Expenses, of Common Area Utility Costs and of

Utility Expenses, pursuant to Sections 6.1, 6.2 and 7 of the Lease,

respectively, as applicable to the Expansion Premises, shall be ten and 98/100

percent (10.98%) based on 18,742 rentable square feet for the Expansion

Premises and 170,675 rentable square feet for the Park).

 

6.        Meaning of “Premises”.  From and after the Effective Date, wherever

in the Lease, as amended hereby, the term “Premises” is used (other than in the

terms “Expansion Premises” and “Original Premises”), it shall mean and refer to

both the Expansion Premises and the Original Premises.

 

7.        Brokers.  Landlord shall pay to CB Richard Ellis

(“Landlord’s Broker”) a commission in connection with this Amendment as

provided for in a separate agreement between Landlord and Landlord’s Broker.

Tenant and Landlord agree that, except for Landlord’s Broker

 

2

 

and Insignia/ESG, Inc.  (“Tenant’s Broker”), who shall be free to

share the commission paid by Landlord to Landlord’s Broker, as they may agree,

no brokers or finders have been involved in the transaction described in this

amendment and Landlord and Tenant agree that in the event any other broker,

salesperson or other person makes any claim for any commission or finder’s fee

based upon the lease of the Expansion Premises to Tenant or any other items or

interests contemplated by this Amendment, the party through whom said broker,

salesperson or other person makes its claim shall defend, indemnify and hold

harmless the other party from said claim and all liabilities, costs and

expenses relating thereto, including reasonable attorneys’ fees, which may be

incurred by such other party in connection with such claim.

 

8.        Entire Agreement.  This Amendment and the Lease contain all of

the covenants, conditions and agreements between the parties concerning the

Premises, and shall supersede all prior correspondence, agreements and

understandings concerning the Premises, both oral and written.

 

9.        Authority.  Each person executing this Amendment on

behalf of a party hereto represents and warrants that he or she is authorized

and empowered to do so and to thereby bind the party on whose behalf he or she

is authorized and empowered to do so and to thereby bind the party on whose

behalf he or she is signing.

 

10.      Definitions.  All capitalized terms used herein shall have

the meanings set forth herein or, if not set forth herein, shall have the

meanings set forth in the Lease for said terms.

 

11.      Effect of Amendment.  Except as specifically amended hereby, all

of the terms and conditions of the Lease shall be and remain in full force and

effect.

 

12.      Incorporation of

Recitals.  The Recitals and Sections

1, 2, 3, 4, 5, 6, 7, 8, and 10 set forth above in this Amendment are hereby

incorporated into the Lease by this reference.

 

3

 

IN WITNESS WHEREOF, the parties have executed this Amendment to be

effective as of the date and year hereinabove first written.

 

	

   

  	

  TENANT:

  
	

   

  	

   

  
	

  LANDLORD:

  	

  InVision

  Technologies, Inc.

  a Delaware corporation

  
	

   

  	

   

  
	

  DMV Sub 4,

  LLC

  	

   

  
	

  a Delaware

  limited liability company

  	

  By:

  	

  /s/ Ross

  Mulholland

  	

   

  
	

   

  	

   

  
	

   

  	

  By:

  	

  DMV

  Investors, LLC,

  	

  Name:

  	

  Ross

  Mulholland

  	

   

  	 

	

   

  	

   

  	

  a Delaware

  limited liability

  	

   

  	 

	

   

  	

   

  	

  company, its

  sole member

  	

  Its:

  	

  CFO

  	

   

  	 

	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	 

	

   

  	

   

  	

   

  	

   

  	

   

  	

   

  	 

	

   

  	

   

  	

  By:

  	

  Lend Lease

  Real Estate

  Investments, Inc., a Delaware

  corporation, its manager

  	

   

  
	

   

  	

   

  	

   

  	

   

  
	

   

  	

   

  	

   

  	

   

  
	

   

  	

  By:

  	

  /s/ Peggy A.

  Toppin

  	

   

  	

   

  
	

   

  	

  Its:

  	

  Peggy A. Toppin

  Vice President

  	

   

  	

   

  
												

 

4

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