Document:

Q3 2000 Ex1091

10600 North De Anza Blvd.408.446.0700

Suite 200Facsimile 408.446.0583

Cupertino, CA 95014-2075www sobrato.com

 

SOBRATO 
DEVELOPMENT COMPANIES

FIRST AMENDMENT TO
LEASE

Building 1 - 2215 Bridgepointe Parkway, San Mateo

This first amendment to lease (`Amendment') is made this
11th day of June, 1999 (the "Effective Date") by and between SOBRATO
INTERESTS III, a California limited partnership having an address at I060 N. De
Anza Blvd Suite 200, Cupertino, California 95014 ("Landlord") and SIEBEL
SYSTEMS, INC., a Delaware corporation having its principal place of business at
1855 South Grant Street, San Mateo, California 94402 ("Tenant").

WITNESSETH

WHEREAS Landlord and Tenant entered to a lease dated
March 11, 1999, (the "Lease") for a building to be constructed at 2215
Bridgepointe Parkway in the location labeled as Building 1 on Exhibit "A"
attached hereto ("Premises"), and

WHEREAS Landlord and Tenant are concurrently entering
into a lease for Building 3 (the "Building 3 Lease"); and

WHEREAS Landlord and Tenant wish to accelerate the
construction of the Premises in exchange for a reduction in the Base Monthly
Rent and a modification of the security deposit provisions to provide for
individual letters of credit for this Lease, the Building 2 Lease and the
Building 3 Lease;

NOW, THEREFORE, in order to effect the intent of the
parties as set forth above and for good and valuable consideration exchanged
between the parties, the Lease is amended as of the Effective Date as
follows:
1.The first sentence of Section 4.A is modified to
provide that the Lease Term shall be automatically extended so as to be
coterminous with the Expiration Date of the Building 3 Lease. Rent during such
extended term shall be at the Base Monthly Rent in effect immediately prior to
such extended term. The second sentence of 4.A is deleted is replaced by the
following: "Notwithstanding the foregoing, in no event shall the Commencement
Date be less than forty five (45) days following the Commencement Date for
Building 2."

2.The anticipated Commencement Date for the Premises
referenced in Section 4.A is accelerated from August 1, 2001 to September 15,
2000.

3.The Base Monthly Rent referenced in Section 4.A is
decreased from the sum of Three Hundred Thirty Four Thousand Three Hundred Fifty
Five Dollars ($334,355.00) to Three Hundred Twenty Thousand Sixty Four Dollars
($320,064.00).

4.The Base Monthly Rent referenced in Section 4.B is
reduced from Two and 363/1000 ($2.363) per square foot to Two and 262/1000
($2.262) per square foot.

5.Section 4.D is replaced in its entirety by the following: 

 

Security Deposit
(i)Amount: Tenant shall deposit with Landlord a
letter of credit (`Letter of Credit") in a form reasonably acceptable to
Landlord in the amount of Eight Million Four Hundred Thousand Dollars
($8,400,000.00) to secure Tenant's obligation to complete Tennant Improvements
in the Building. Upon Landlord's receipt of evidence reasonably satisfactory to
Landlord of lien free completion of the Tenant Improvements and that Tenant has
fully paid for the cost of all Tenant Improvements for the Building, the Letter
of Credit shall be cancelled and returned to Tenant by Landlord. Notwithstanding
the foregoing, in the event Tenant elects to defer construction on a portion of
the non-core Tenant Improvements in the Building (as provided further and
restricted in Section 5.B), Landlord shall not require Tenant to continue to
post the Letter of Credit after payment in full for all other Tenant
Improvements associated with the Building. 

(ii)Use by Landlord: Landlord shall be entitled to
draw against the full amount of the Letter of Credit at any time provided only
that Landlord certifies to the issuer of the Letter of Credit that Tenant has
failed to make a payment for Tenant Improvement costs as provided in 5.F, that
Tenant has failed to timely renew or extend the Letter of Credit as required by
this subsection (ii), or that Tenant has failed to amend the Letter of Credit or
obtain a new Letter of Credit as required by this subsection (ii) and such
failure has not been cured within ten (10) days following Landlord's notice to
Tenant. Tenant shall keep the Letter of Credit in effect at all times prior to
payment in full for the Tenant Improvements for the Building. At least sixty
(60) days prior to expiration of any Letter of Credit, the term thereof shall be
renewed or extended for a period until Tenant has paid in full for the Tenant
Improvements for the Building. Subject to the notice requirement and cure period
provided herein, Tenant's failure to so renew or extend the Letter of Credit
shall be a material default of this Lease by Tenant entitling Landlord to draw
down on the entire amount of the Letter of Credit. Any amounts drawn on the
Letter of Credit shall be used to pay for the cost of the Tenant Improvements.
In the event the Letter of Credit is drawn by Landlord, and the proceeds used to
pay for the completion of the Tenant Improvements in the Building, after
Landlord's completion of the Tenant Improvements in the Building, Landlord shall
refund to Tenant any excess proceeds from the Letter of Credit. In the event of
termination of Landlord's interest in this Lease, Landlord may deliver the
Letter of Credit to Landlord's successor in interest in the Premises and
thereupon be relieved of further responsibility with respect to the Letter of
Credit. Except as provided herein, no other security deposit shall be required
by Tenant.

(iii)Letter of Credit Fee: Landlord and Tenant
agree to share equally in the fee charged to provide the Letter of Credit. In no
event, however, shall Landlord's share of the fee exceed the sum of Forty Two
Thousand Dollars ($42,000.00) per annum.

6.The seventh through the ninth sentences of Section 5.A
beginning "Landlord shall contract for the installation" shall be replaced in
its entirety by "Landlord's affiliated construction company, Sobrato
Construction Corporation shall act as the general contractor for the Building
Shell and shall begin construction of the Building Shell immediately following
the Effective Date. Upon completion of the Tenant Improvement Plans, Landlord
and Tenant shall select a general contractor ("General Contractor") on the basis
of a competitive bid of the cost to construct the Tenant Improvements.
Thereafter, Landlord shall cause the General Contractor to complete construction
of the Tenant Improvements. Landlord and Sobrato Construction shall use
commercially reasonable efforts to ensure effective coordination between the
General Contractor selected to construct the Tenant Improvements and Sobrato
Construction Corporation."

7.The first sentence of Section 5.J is replaced by
"Sobrato Construction Corporation and General Contractor shall each procure (as
a cost of the Building Shell or the Tenant Improvements as applicable) a "Broad
Form" liability insurance policies in the amount of Three Million Dollars
($3,000,000.00)."

8.The first three sentences of Section 5.K are replaced
by "After the Building Shell and Tenant Improvements are Substantially Complete,
Landlord shall cause Sobrato Construction Corporation and/or the General
Contractor to immediately correct any construction defect or other "punch list"
item which Tenant brings to Landlord's attention. All such work shall be
performed so as to reasonably minimize the interruption to Tenant and its
activities on the Premises. Sobrato Construction Corporation shall provide a
standard contractor's warranty with respect to the Building Shell for one (1)
year from the Commencement Date. The General Contractor shall provide a standard
contractor's warranty with respect to the Tenant Improvements for one (1) year
from the Commencement Date."

9.The completion date for the Tenant Improvement Plans
referenced in Section 5.B is accelerated from October 1, 2000 to November 15,
1999.

10.The Termination Date reference in Section 5.G is
accelerated from August 1, 2002, until September 15, 2001.

11.All defined terms shall have the same meanings as in
the Lease, except as otherwise stated this Amendment.

12.Except as hereby amended, the Lease and all of the
terms, covenants and conditions thereof shall remain unmodified and in full
force and effect. In the event of any conflict or inconsistency between the
terms and provisions of this Amendment and the terms and provisions of the
Lease, the terms and provisions of this Amendment shall prevail.

IN WITNESS WHEREOF, the parties hereto have set their
hands to this Amendment as of the day and date first above written.

 

	

Landlord

Sobrato Interests III,

a California limited partnership

By:/s/

Its: General Partner

	

Tenant

Siebel Systems, Inc.

a Delaware Corporation

By:/s/

Its: Director, Legal Affairs

10600 North De Anza Blvd.408.446.0700

Suite 200Facsimile: 408.446.0583

Cupertino CA 95014-2075www.sobrato.com

 

SOBRATO 
DEVELOPMENT COMPANIES

 

SECOND AMENDMENT
TO LEASE

This second amendment to lease ("Amendment') is made this
31st day of July, 2000 ("Effective Date") by and between Sobrato
Interests III, a California limited partnership having an address at 10600 N. De
Anza Blvd., Suite 200, Cupertino, California 95014 ("Landlord") and Siebel
Systems, Inc., a Delaware corporation having its principal place of business at
1855 South Grant Street, San Mateo, CA 94402 California ("Tenant").

WITNESSETH

WHEREAS Landlord and Tenant entered into a lease
dated March 11, 1999, and a First Amendment to Lease dated June 11, 1999 (the
"Lease") for the premises ("Premises") located at 2215 Bridgepointe Parkway, San
Mateo, California; and

WHEREAS Landlord and Tenant wish to memorialize the
Lease Commencement date.

NOW, THEREFORE, in order to effect the intent of the
parties as set forth above and for good and valuable consideration exchanged
between the parties, the Lease is amended as of the Effective Date as
follows:
1.The Lease Commencement date shall be July 5, 2000

2.All defined terms shall have the same meanings as in
the Lease, except as otherwise stated in this Amendment.

3.Except as hereby amended, the Lease and all of the
terms, covenants and conditions thereof shall remain unmodified and in full
force and effect. In the event of any conflict or inconsistency between the
terms and provisions of this First Amendment and the terms and provisions of the
Lease, the terms and provisions of this First Amendment shall prevail.

IN WITNESS WHEREOF, the parties hereto have set their
hands to this Amendment as of the day and date first above written.

	

Landlord

Sobrato Interests III,

a California limited partnership

By:/s/

Its: General Partner

	

Tenant

Siebel Systems, Inc.

a Delaware Corporation

By:/s/

Its: Vice President, Facilities & Real  EstateQ3 2000 Ex10101

FIRST AMENDMENT
TO LEASE

This first amendment to lease ("Amendment") is made this
23rd day of September, 2000 ("Effective Date") by and between Sobrato
Interests III, a California limited partnership having an address at 10600 N. De
Anza Blvd., Suite 200, Cupertino, California 95014 ("Landlord") and Siebel
Systems, Inc., a Delaware corporation having its principal place of business at
1855 South Grant Street, San Mateo, CA 94402 California ("Tenant").

WITNESSETH

WHEREAS Landlord and Tenant entered into a lease
dated June 11, 1999 (the "Lease") for the premises ("Premises") located at 2207
Bridgepointe Parkway, San Mateo, California; and

WHEREAS Landlord and Tenant wish to memorialize
the Lease Commencement and Termination dates.

NOW, THEREFORE, in order to effect the intent
of the parties as set forth above and for good and valuable consideration
exchanged between the parties, the Lease is amended as of the Effective Date as
follows:

	The Lease Commencement date shall be September 18,
2000

	The Lease Termination date shall be September 17,
2012

	All defined terms shall have the same meanings as in the
Lease, except as otherwise stated in this Amendment.

	Except as hereby amended, the Lease and all of the terms,
covenants and conditions thereof shall remain unmodified and in full force and
effect. In the event of any conflict or inconsistency between the terms and
provisions of this First Amendment and the terms and provisions of the Lease,
the terms and provisions of this First Amendment shall prevail.

IN WITNESS WHEREOF, the parties hereto have set
their hands to this Amendment as of the day and date first above written.

	

Landlord

Sobrato Interests III,

a California limited partnership

By:/s/

Its: General Partner

	

Tenant

Siebel Systems, Inc.

a Delaware Corporation

By:/s/

Its: Vice President, Facilities & Real  Estate

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