Document:

Fifth Amendment to Office Lease, effective August 16, 2006

 Exhibit 10.87 
 FIFTH AMENDMENT TO OFFICE LEASE 
 LNR Warner
Center 
 For valuable consideration, the receipt and adequacy of which are expressly acknowledged, Landlord and Tenant
agree that: 
 1. Definitions. In this Fifth Amendment, the following terms have the meaning given: 
 (a) Effective Date: August 16, 2006. 
 (b) Landlord: MP Warner Center, LLC, a Delaware limited partnership. 
 (c) Tenant: Health Net of California, Inc., Inc., a California corporation. 
 (d) Lease: Office Lease dated September 20, 2000 between DCA Home, Inc. and Lennar Rolling Ridge, Inc.
(collectively, “Prior Landlord”) and Tenant (“Original Lease”), as amended by: 
 (1) First
Amendment to Lease dated May 14, 2001, between LNR Warner Center, LLC (“LNR”), successor-in-interest to Prior Landlord, and Tenant (“First Amendment”), 
 (2) Second Amendment to Office Lease dated May 1, 2003 between LNR and Tenant (“Second Amendment”).

 (3) Third Amendment dated October 10, 2003 between Warner Center OPCO, L.P., a Delaware limited
partnership (“OPCO”), successor-in-interest to LNR, and Tenant (“Third Amendment”). 
 (4)
Fourth Amendment to Office Lease dated May31, 2006 between OPCO, predecessor-in-interest to Landlord, and Tenant, and approved by Landlord, as successor-in-interest to OPCO (“Fourth Amendment”). 
 (5) This Fifth Amendment. 
 (e) Original Premises: Approximately 288,749 rentable square feet (271,007 usable square feet), being all of Building B and Floors 3, 4, and 5 in Building C, as more particularly described in
Section 6.2 of the Summary of Basic Lease Information to the Original Lease. 
 (f) Second Floor Building
C Space: Approximately 34,987 rentable and 32,906 usable square feet on the second floor of Building C, as more particularly described in the First Amendment. 
 (g) First Floor Building C Space: Approximately 10,218 rentable and 9,066 usable square feet on the first floor of
Building C, as more particularly described in the Second Amendment. 
 (h) Premises: Approximately 333,954
rentable and 312,979 usable square feet, comprised of the Original Premises, the Second Floor Building C Space, and the First Floor Building C Space. 
 (i) Building B: 21281 Burbank Blvd. 
                          Woodland Hills, CA 91367 
 (j) Building C: 21271 Burbank Blvd. 
                          Woodland Hills, CA 91367 
 Any capitalized term used in this Fifth Amendment but not defined in this Fifth Amendment has the meaning set forth for such term in the
Lease. 
 2. Rescission of 2nd Reduction Notice. Prior to execution of this Fifth Amendment, Tenant delivered to Landlord a Reduction Notice dated December 30, 2005 (the “2nd Floor Reduction Notice”) pursuant to Section 1.7 of the Original Lease purporting to reduce the Second Floor
Building C Space from the Premises prior to the scheduled December 31, 2007 expiration date therefor. Notwithstanding Tenant’s delivery of such 2nd Floor Reduction Notice, such 2nd Floor Reduction Notice and any reduction of the Second Floor Building C Space contemplated thereby are hereby
irrevocably rescinded, terminated and of no force and effect as if the 2nd Floor Reduction Notice was never delivered by Tenant to Landlord. 

 3. Extension of Lease Term for Second Floor Building C
Space. Tenant has properly exercised its 2nd Floor
Extension Option to extend the 2nd Floor Lease Term (which
is currently scheduled to expire on December 31, 2007) for the Second Floor Building C Space for the four (4) year 2nd Floor Extension Term (as such terms are defined in the First Amendment). Accordingly, the 2nd Floor Lease Term for the Second Floor Building C Space, and the
Second Floor Building C Expiration Date, are each hereby extended four (4) years until December 31, 2011. As a result of such extension, the Expiration Date for all of the Premises described in Section 1(h) above is now
December 31, 2011. The Base Rent payable for the Second Floor Building C Space during such 2nd Floor Extension Term shall be as set forth in the second (2nd) schedule contained in Section 5(b) of the Third Amendment. 
 4. Landlord’s Addresses. As of the Effective Date, Landlords Addresses, as amended and replaced in Section 7 of the
Third Amendment, are hereby further amended and replaced with the following: 
 MP Warner Center 
 c/o RREEF Management Company 
 5820 Canoga Avenue, Suite 220 
 Woodland Hills, California 91367 
 Attention: District manager 
 Landlord’s Address for Rent Payments: 
 MP Warner Center, LLC 
 DEPT. 2798 
 Los
Angeles, CA 90084 
 5. Deletion of Reduction Rights. Section 1.7 of the Original Lease and Tenant’s
reduction rights set forth therein are hereby deleted in their entirety and of no further force or effect. 
 6. Brokers. Landlord and Tenant each hereby represents and warrants to the other party that the representing party has had no dealings with any real estate broker or agent in connection with the negotiation of this Fifth
Amendment other than Cushman & Wakefield, Inc. (“Broker”), and that the representing party knows of no other real estate broker or agent who is entitled to a brokerage commission in connection with this Fifth Amendment. Tenant
shall be solely responsible for paying all brokerage commissions and fees, if any, payable to Broker with respect to the rescission and termination of the 2nd Floor Reduction Notice as provided in Section 2 above, and any portion of the lease term for the Second Floor
Building C Space reinstated as a result of such rescission and termination through December 31, 2007. Landlord shall be solely responsible for paying all brokerage commissions and fees (if any) payable to Broker with respect to the extension of
the lease term for the Second Floor Building C Space as provided in Section 3 above for the four (4) year 2nd Floor Extension Term (i.e., for the 4-year period from January 1, 2008 through December 31, 2011),
but not for any period prior thereto, all pursuant to a separate agreement between Landlord and Broker. 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, costs and expenses (including without limitation reasonable attorneys’ fees) with respect to (i) any failure by such party to pay the commissions and fees payable by such party to Broker with respect to
this Fifth Amendment as provided hereinabove, and (ii) any leasing commissions or equivalent compensation alleged to be owing in connection with this Fifth Amendment on account of the indemnifying party’s dealings with any real estate
broker or agent other than Broker. 
 7. Binding Effect. This Fifth Amendment becomes effective only upon the
execution by Landlord and Tenant. Each party hereto represents and warrants to the other that the person executing this Fifth Amendment on behalf of such party is duly authorized to do so. 
 8. Confirmation of Lease. As amended by this Fifth Amendment, Landlord and Tenant ratify the terms and conditions of the
Lease. 
  

									
	LANDLORD:	 		 	TENANT:
			
	 MP WARNER CENTER,
 a Delaware limited liability company
	 		 	 HEALTH NET OF CALIFORNIA, INC.,
 a California corporation

					
	By:	 	RREEF Management Company,	 		 	By:	 	/s/ Dennis Bell
		 	a Delaware corporation,	 		 	Name:	 	Dennis Bell
		 	Authorized Agent	 		 	Title:	 	Vice President Real Estate Management
		 		 		 	Date:	 	8/30/06
					
	By:	 	/s/ Karen Saitta	 		 		 	
		 	Name: Karen Saitta	 		 		 	
		 	Its: Vice President	 		 		 	

 Date:
8/31/06Third Amendment of Lease, dated October 16, 2006

 Exhibit 10.91 
 THIRD AMENDMENT OF LEASE 
 This Third Amendment of
Lease is made as of this 16th day of October, 2006, by and between Beard Sawmill, LLC (hereinafter referred to as “Landlord”), and Health Net of the Northeast, Inc. 
 In consideration of the mutual benefits and obligations set forth herein, the parties hereby amend a certain lease between Landlord and
Physicians Health Services of Connecticut, Inc. dated August 18, 2000, previously amended by a First Amendment of Lease dated December 23, 2002 and a Second Amendment of Lease dated June 14, 2004, all for the lease of space in
Landlord’s building at 100 Beard Sawmill Road, Shelton, Connecticut (the August 18, 2000 lease as amended, hereinafter referred to collectively as the “Lease”), in the following manner: 
 A. Said First Amendment of Lease and Second Amendment of Lease are hereby canceled and restated, as amended by this Third Amendment of Lease,
such that as of the Third Amendment of Lease, the Lease shall be read and interpreted by reference to only the August 18, 2000 lease and this Third Amendment of Lease. 
 B. As of the date of this Third Amendment of Lease, it is agreed by both parties hereto that Health Net of the Northeast, Inc.
(“HNNE”), successor in interest to Physicians Health Services of Connecticut, Inc. has assumed all rights and obligations as tenant under the Lease pursuant to that certain Assignment and Assumption of Lease between Health Net of
Connecticut, Inc., as Assignor, and HNNE, as Assignee, dated of substantially even date herewith. Hereinafter, HNNE shall be referred to as “Tenant”. 
 C. Paragraph 1.1 (c) of the Lease is deleted and is replaced with the following: 
 “1.1 (c) The Tenant’s Leased Premises Square Footage fluctuates over the Initial Term of the Lease, and the following square footages represent the Tenant’s Leased Premises Square
Footage for the various periods during the Initial Term of the Lease: 
 [i] 104,233 square feet, for the period
from the Initial Commencement Date until February 28, 2003; 
 [ii] From and after March 1, 2003,
Tenant’s Leased Premises Square Footage shall be increased by 5,727 square feet, and the space designated as Space 2A on Exhibit A, Sheet 1 shall be added to Tenant’s Leased Premises Square Footage; 
 [iii] From and after June 28, 2004, Tenant’s Leased Premises Square Footage shall be increased by 5,288 square
feet, and the space designated as Space 2B on Exhibit A, Sheet 1 shall be added to Tenant’s Leased Premises Square Footage; 
  

 1 

 [iv] From and after August 15, 2004, Tenant’s Leased Premises
Square Footage shall be increased by 5,990 square feet, and the space designated as Space 2C on Exhibit A, Sheet 1 shall be added to Tenant’s Leased Premises Square Footage; 
 [v] From and after November 1, 2004, Tenant’s Leased Premises Square Footage shall be increased by 6,217 square
feet, and the space designated as Space 2D on Exhibit A, Sheet 1 shall be added to Tenant’s Leased Premises Square Footage; 
 [vi] From and after the Space 1A Commencement Date, Tenant’s Leased Premises Square Footage shall be increased by 4,020 square feet, and the space designated as Space 1A on Exhibit A, Sheet 2 shall
be added to Tenant’s Leased Premises Square Footage. The “Space 1A Commencement Date” is the date on which Landlord delivers possession of the Space 1A to Tenant, broom clean and free of any possessions of any other tenant; and

 [vii] From and after the Space 1B Commencement Date, Tenant’s Leased Premises Square Footage shall be
increased by 793 square feet, and the space designated as Space 1B on Exhibit A, Sheet 2 shall be added to Tenant’s Leased Premises Square Footage. The “Space 1B Commencement Date” is the date on which Landlord delivers possession of
the Space 1B to Tenant, broom clean and free of any possessions of any other tenant.” 
 D. Paragraph 1.1 (d) of the
Lease is deleted and is replaced with the following: 
 “1.1 (d) The “Initial Commencement
Date” is September 1, 2001” 
 E. Paragraph 1.1 (e) of the Lease is deleted and is replaced with the
following: 
 “1.1 (e) The “Initial Term” is from September 1, 2001 until the end of the
day on August 31, 2016.” 
 F. Paragraph 1.1 (g) of the Lease is deleted and is replaced with the following:

 “1.1 (g) The “Base Rent” for the Initial Term is $14.00 per square feet of Tenant’s
Leased Premises Square Footage (as described in paragraph 1.1 (c)) per annum, payable in equal monthly installments, in advance, on the first of each month.” 
 G. Paragraph 1.1 (i) of the Lease is deleted and is replaced with the following: 
 “1.1 (i) The “Notice Address” for Landlord and Tenant are: 
 Landlord: 
 Beard Sawmill, LLC 
 % R. D. Scinto, Inc. 
 One Corporate Drive, Suite 100 
 P. O. Box 880 
  

 2 

 Shelton, CT 06484 
 Tenant: 
 Health
Net of the Northeast, Inc. 
 One Far Mill Crossing 
 P.O. Box 904 
 Shelton, CT 06484 
 Attn: Chief Financial Officer 
 Health Net, Inc. 
 P.O. Box 2470 
 Rancho Cordova, CA 95741 2470 
 Attn: Director of Real Estate” 
 H. Paragraph 2.17 of the Lease is deleted and replaced with the following: 
 “2.17 “Tenant’s Percentage” means the percentage equivalent to the ratio of the Leased Premises Square Footage divided by the Total Building Square Footage which as of the Initial Commencement Date is 70.11%.
Tenant’s Percentage shall be proportionately adjusted upon any change in Tenant’s Leased Premises Square Footage or Total Building Square Footage, but will not be adjusted based upon the degree of occupancy of the Project.”

 I. The following paragraphs, Paragraph 3.07, Paragraph 3.08, and Paragraph 3.09 are hereby added to the Lease: 
 “3.07 Paragraph 3.04 of the Lease outlines the Landlord’s Initial Fit-Out Work required to be completed by the
Landlord under the terms of the Lease. Landlord has completed all work required under the terms of the Lease and the Leased Premises has been accepted by Tenant. 
 3.08 Landlord has completed all work required to the Second Floor Space A and the Second Floor Space A has been accepted by
Tenant. 
 3.09 Tenant shall accept possession of Space 2B, Space 2C, Space 2D, Space 1A and Space 1B on an as is
basis.” 
 References to Exhibit A means the Exhibit A attached to the August 18, 2000 lease. “Exhibit A, Sheet
1” and “Exhibit A, Sheet 2” are separate exhibits from Exhibit A, and are added to the Lease and incorporated into it as new exhibits, and are attached hereto. 
 In the event of any conflict between this Third Amendment of Lease and the August 18, 2000 lease, this Third Amendment of Lease shall
control, the Lease being hereby ratified and to remain in full force and effect in all other respects. 
  

 3 

 IN WITNESS WHEREOF, the parties have hereunto set their hands and seals as of the day and
year first above written. 
  

									
	BEARD SAWMILL, LLC	 		 	HEALTH NET OF THE NORTHEAST, INC.
				
	/s/ Robert D. Scinto	 		 	By:	 	/s/ Dennis Bell
	By: Robert D. Scinto, a member	 		 	Its:	 	Vice President Real Estate Management

  

 4 

 AFFIRMATION OF GUARANTY LEASE BY HEALTH NET, INC. 
 In consideration of Beard Sawmill, LLC, as Landlord, entering into an amendment to the lease dated the 18th day of August, 2000 between
Landlord and Physicians Health Services, Inc. and which amendment, the Third Amendment of Lease dated the              day of
                    , 2006 , recognizes Health Net of the Northeast, Inc., successor in interest to Physicians Health Services of Connecticut,
Inc. as “Tenant” and increases the size of Tenant’s leased premises, the undersigned Guarantor does hereby covenant and agree, to and with the Landlord, and the Landlord’s heirs, assigns and personal representatives, that if a
default shall at any time be made by the Tenant of the terms of the Lease as amended by the Third Amendment of Lease, including without limitation, the Base Rent, the Additional Rent and any damages as a result of breach, then the undersigned
Guarantor will well and truly pay said sums that may remain due unto the Landlord. 
 IN WITNESS WHEREOF, the Guarantor has
executed this affirmation of guaranty on the 5th day of October, 2006. 
  

			
	Health Net, Inc.
		
	By:	 	/s/ Dennis Bell

 State of California 
 As City/Town of Woodland Hills 

County of Los Angeles 
 Personally appeared Dennis Bell, signer and sealer of the foregoing instrument and duly authorized Vice President of Health Net, Inc., who acknowledged the same to be his/her free act and deed and the duly authorized free act and deed of
Health Net, Inc., before me, this 5th day of October, 2006. 
  

	
	
	/s/ Lisa Vizconde
	Notary

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