Document:

Exhibit 10.29

 

SIXTH AMENDMENT

TO

LOAN AND SECURITY AGREEMENT

 

This Sixth
Amendment to Loan and Security Agreement is entered into as of May 30, 2003
(the “Amendment”), by and between COMERICA BANK-CALIFORNIA (“Bank”) and
SEEBEYOND TECHNOLOGY CORPORATION (“Borrower”).

 

RECITALS

 

Borrower and
Bank are parties to that certain Loan and Security Agreement dated as of
December 4, 2000, as amended by that certain Amendment to Loan and Security
Agreement dated as of June 10, 2001, that certain Second Amendment to Loan and
Security Agreement dated as of October 31, 2001, that certain Third Amendment
to Loan and Security Agreement dated as of August 7, 2002, that certain Fourth
Amendment to Loan and Security Agreement dated as of December 24, 2002, and
that certain Fifth Amendment to Loan and Security Agreement dated as of March
26, 2003, as amended from time to time (the “Agreement”).  The parties desire to amend the Agreement in
accordance with the terms of this Amendment.

 

NOW,
THEREFORE, the parties agree as follows:

 

1.             Certain defined terms in Section 1
of the Agreement hereby are amended as follows:

 

“Revolving
Maturity Date” means May 31, 2004.

 

2.             Unless otherwise defined, all
initially capitalized terms in this Amendment shall be as defined in the
Agreement.  The Agreement, as amended
hereby, shall be and remain in full force and effect in accordance with its
respective terms and hereby is ratified and confirmed in all respects.  Except as expressly set forth herein, the
execution, delivery, and performance of this Amendment shall not operate as a
waiver of, or as an amendment of, any right, power, or remedy of Bank under the
Agreement, as in effect prior to the date hereof.  Borrower ratifies and reaffirms the continuing effectiveness of
all promissory notes, guaranties, security agreements, mortgages, deeds of
trust, environmental agreements, and all other instruments, documents and
agreements entered into in connection with the Agreement.

 

3.             Borrower represents and warrants
that the representations and warranties contained in the Agreement are true and
correct as of the date of this Amendment, and that no Event of Default has
occurred and is continuing.

 

4.             This Amendment may be executed in
two or more counterparts, each of which shall be deemed an original, but all of
which together shall constitute one instrument.

 

5.             As a condition to the effectiveness
of this Amendment, Bank shall have received, in form and substance satisfactory
to Bank, the following:

 

(a)           this Amendment, duly executed by
Borrower;

 

(b)           a renewal fee in the amount of
Eighteen Thousand Seven Hundred Fifty Dollars ($18,750);

 

(c)           an Affirmation of Security Agreement
and Guaranty, executed by each of Borrower’s subsidiaries, in substantially the
forms attached hereto;

 

(d)           an amount equal to all Bank Expenses
incurred to date; and

 

(e)           such other documents, and completion
of such other matters, as Bank may reasonably deem necessary or appropriate.

 

 

IN WITNESS
WHEREOF, the undersigned have executed this Amendment as of the first date
above written.

 

	
   

  	
  SEEBEYOND
  TECHNOLOGY CORPORATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Barry
  Plaga

  	
   

  
	
   

  	
   

  
	
   

  	
  Title:

  	
  SVP &
  CFO

  	
   

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  COMERICA
  BANK-CALIFORNIA

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Bonnie
  Kehe

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  Title:

  	
  Senior Vice
  President

  	
   

  
						

 

2Exhibit
10.007

 

SECOND AMENDMENT TO
TEN-YEAR INDUSTRIAL NET LEASE AGREEMENT

(Building No. 2)

 

This Second Amendment to Office
Lease (“Amendment”) is entered into, and dated for reference purposes, as of
April 30, 2003 (the “Execution Date”) by and between METROPOLITAN LIFE
INSURANCE COMPANY, a New York corporation (herein referred to as “Metropolitan”
or “Landlord”), as Landlord, and CYGNUS, INC., a Delaware corporation (herein
referred to as “Cygnus” or “Tenant”), with reference to the following facts:

 

RECITALS

 

A.                                   Landlord and Tenant are parties to that certain
lease comprised of the following:  that
certain written Ten-Year Industrial Net Lease Agreement (Building No. 2) dated
September 27, 1988 entered into by Landlord’s predecessor in interest (Seaport
Centre Venture Phase I, a California general partnership, herein, the
“Venture”) and Tenant’s predecessor in interest as Tenant (Cygnus Research
Corporation, a California corporation), for certain premises of approximately
37,856 square feet of space in Building 2 of Phase I (“Premises”), whose
current street address remains 400 Penobscot Drive, Redwood City, California,
all as more particularly described therein, which Original Lease included Rider
No. 1 To Seaport Centre Standard Lease and Exhibits A, A-1& B (the
“Original Lease”), as amended by that certain First Amendment to Ten-Year
Industrial Net Lease Agreement (Building No. 2) dated as of June 9, 1998
entered into by Landlord and Tenant (the “First Amendment”) (the Original
Lease, as amended by the First Amendment, is referred to as the “Existing
Lease”).

 

B.                                     Landlord and Tenant now desire to modify the term
of the Lease, base rent for the modified term, security deposit, option to
extend and other provisions of the Existing Lease, all as more particularly
provided herein.

 

NOW, THEREFORE, in consideration
of the foregoing, and of the mutual covenants set forth herein and of other
good and valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the parties hereto agree as follows:

 

Section 1.                                            Scope of Amendment; Defined Terms; Premises.  Except
as expressly provided in this Amendment, the Existing Lease shall remain in
full force and effect.  Should any
inconsistency arise between this Amendment and the Existing Lease as to the
specific matters which are the subject of this Amendment, the terms and
conditions of this Amendment shall control. 
The term “Existing Lease” defined above shall refer to the Existing
Lease as it existed before giving effect to the modifications set forth in this
Amendment and the term “Lease” as used herein and in the Existing Lease shall
refer to the Existing Lease as modified by this Amendment.  This Amendment shall be construed to be a
part of the Lease and shall be deemed incorporated in the Lease by this
reference.  All capitalized terms used
in this Amendment and not defined herein shall have the meanings set forth in
the Existing Lease unless the context clearly requires otherwise.  The term “Landlord” as used herein shall
have the same meaning as and may be used interchangeably with the term “Lessor”
in the Lease, and the term “Tenant” as used herein shall have the same meaning
as and may be used interchangeably with the term “Lessee” in the Lease.

 

Section 2.                                            Modification and Extension of Term.  Landlord
and Tenant acknowledge and agree that, before giving effect to this Amendment,
pursuant to the Existing Lease, the Expiration Date of the Term (also referred
to as the “Extended Term” in Section 3 of the First Amendment) of the Existing
Lease is December 10, 2003. 
Notwithstanding any provision of the Existing Lease to the contrary,
including, without limitation, Section 3 of the First Amendment, the Expiration
Date of the Term of the Existing Lease shall be April 30, 2003 instead of
December 10, 2003, and then this Lease for the Premises shall continue for a
term of six (6) years (the “Modified Term”) beginning at 12:00 A.M. local time
at the Building on May 1, 2003 (the “Modified Term Commencement Date”) and
expiring at 11:59 P.M. local time on April 30, 2009 (hereafter, the “Expiration
Date” with respect to the Modified Term), unless sooner terminated pursuant to
the terms of the Lease.  Landlord and
Tenant acknowledge and agree that this Amendment provides all rights and
obligations of the parties with respect to extension of the Term, whether or
not in accordance with any other provisions, if any, of the Existing Lease
regarding renewal or extension, and
any such provisions, options or rights for renewal or extension provided in the
Existing Lease (including, without limitation, Section 13 of the First
Amendment) are hereby deleted  as
of the Execution Date, and that any
extension beyond the Modified Term is governed by the Option to Extend set
forth in Section 10 below.

 

Section 3.                                            Premises Leased “AS-IS”; Tenant Work.

 

(a)                                  As-Is.  Notwithstanding any provision of the Lease
to the contrary, Tenant acknowledges and agrees that (i) Tenant occupies the
Premises and has investigated their condition to the extent Tenant desires to
do so; (ii) Tenant hereby agrees that this Lease is of the Premises in its “AS
IS” condition; (iii) no representation regarding the condition of the Premises
or the Building has been made by or on behalf of Landlord; and (iv) Landlord
has no obligation to remodel or to make any repairs (except as otherwise
provided for in the Lease), alterations or improvements to the Premises or the
Building in connection with this Amendment or provide Tenant any allowance for
any work by Tenant.

 

(b)                                 Tenant Work Generally.  Landlord
and Tenant acknowledge and agree that notwithstanding any provisions of the
Lease to the contrary:  (i) Tenant may
desire to do certain repainting, recarpeting, remodeling, repair, improvement
or alteration in connection with this Amendment, which for purposes of this
Lease is referred to as the Tenant Work; (ii) all Tenant Work, if any, shall be
done as

 

1

 

alterations, additions or improvements of the Premises or any part
thereof within the meaning of Paragraph 11 of the Lease (“Tenant Alterations”),
subject to and in compliance with all conditions and provisions of the Lease
applicable to Tenant Alterations, except as otherwise expressly provided
herein; (iii) such work, including all design, plan review, obtaining all
approvals and permits, and construction shall be at Tenant’s sole cost and
expense; and (iv) in connection with any Tenant Work, Tenant shall pay Landlord
a construction administration fee not to exceed two percent (2%) of the total
amount of any and all construction contracts for such work.

 

Section 4.                                            Monthly Base Rent for Modified Term Commencing
Upon Modified Term Commencement Date.  Notwithstanding any provision
of the Lease to the contrary, the amount of monthly base rent due and payable
by Tenant for the Premises, accruing on and after the Modified Term
Commencement Date and monthly thereafter for the Modified Term shall be as
follows:

 

	
  Period from/through

  	
   

  	
  Monthly Total

  	
   

  	
  Monthly Rate/Square Foot

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Month 01 – Month 08

  	
   

  	
  $

  	
  68,140.80

  	
   

  	
  $

  	
  1.80

  	
   

  
	
  Month 09 – Month 24

  	
   

  	
  $

  	
  70,033.60

  	
   

  	
  $

  	
  1.85

  	
   

  
	
  Month 25 – Month 36

  	
   

  	
  $

  	
  71,926.40

  	
   

  	
  $

  	
  1.90

  	
   

  
	
  Month 37 – Month 48

  	
   

  	
  $

  	
  73,819.20

  	
   

  	
  $

  	
  1.95

  	
   

  
	
  Month 49 – Month 60

  	
   

  	
  $

  	
  75,712.00

  	
   

  	
  $

  	
  2.00

  	
   

  
	
  Month 61 – Month 72

  	
   

  	
  $

  	
  77,604.80

  	
   

  	
  $

  	
  2.05

  	
   

  

 

Section 5.                                            Tenant’s Share of Operating Expenses. 
Notwithstanding any provision of the Lease to the contrary, during the
Modified Term (and any extension thereof) in addition to the base rent payable
by Tenant, Tenant shall pay Tenant’s proportionate share of all operating expenses
as set forth in Section 6 of the First Amendment.

 

Section 6.                                            Utilities.  Notwithstanding any provision
of the Lease to the contrary, excluding all utilities separately billed or
metered to Tenant which shall be paid for solely and separately by Tenant,
during the Modified Term in addition to the base rent and operating expenses
payable by Tenant, Tenant shall pay Tenant’s proportionate share of all
utilities expenses as allocated and paid in the same proportionate share as set
forth in Section 7 of the First Amendment.

 

Section 7.                                            Security Deposit.  Notwithstanding any provision
to the contrary in either Paragraph 6 of the Original Lease or Section 8 of the
First Amendment, Landlord and Tenant acknowledge and agree that:  (a) immediately prior to the Execution Date,
there was no separate amount held by Landlord under the Existing Lease as a
security deposit, but Tenant and Landlord had agreed pursuant to Section 8 of
the First Amendment that the amount of Thirty Thousand Five Hundred Sixty-two
Dollars ($30,562.00) held by Landlord under the Related Lease (as defined in
the Existing Lease) would also be held as, and be available as, the security
deposit under the Existing Lease; (b) upon Landlord’s receipt of Seventy-seven
Thousand Six Hundred Five Dollars ($77,605.00) required by Subsection (c) below
as the new security deposit under this Lease, Section 8 of the First Amendment
is deleted and such Thirty Thousand Five Hundred and Sixty-two Dollars
($30,562.00) shall cease to be held as, or to be available as, a security
deposit under this Lease, and shall continue to be held by Landlord only as a
security deposit pursuant to the Related Lease; (c) concurrently with execution
of this Amendment, Tenant shall deposit with Landlord Seventy-seven Thousand
Six Hundred Five Dollars ($77,605.00) in cash which shall be the total security
deposit to be held by Landlord as the security deposit applicable only to this
Lease pursuant to the terms of Paragraph 6 of the Original Lease, and the first
two sentences of Paragraph 6 of the Original Lease are hereby deleted; and (d)
except as modified above, the provisions of such Paragraph 6 shall continue to
apply.

 

Section 8.                                            Parking.  Notwithstanding any provision
of the Existing Lease to the contrary, Landlord and Tenant acknowledge and
agree that during the Modified Term Section 9 of the First Amendment is deleted
and the aggregate number of parking spaces provided for Tenant’s use pursuant
to Paragraph 30 of the Existing Lease shall be one hundred and twenty-five
(125) parking spaces, all of which shall be undesignated/unreserved spaces,
except for up to five (5) of such spaces which Tenant may mark as reserved for
Tenant’s visitors.

 

Section 9.                                            Removal of Tenant Alterations.  Upon
the expiration or earlier termination of the Term of the Lease, including the
Modified Term and any extension thereof provided for in this Amendment, Tenant
shall not be required to remove any of the alterations, additions or
improvements to or of the Premises or any part thereof by Tenant for Tenant’s
initial occupancy under the Lease or made thereafter and still existing as of
the date of this Amendment, provided that such alterations, additions or
improvements were made in accordance with the applicable provisions of the
Lease, as amended.  Landlord and Tenant
acknowledge and agree that hereafter,
all alterations, additions or improvements of the Premises or any part thereof
within the meaning of Paragraph 11 of the Lease (“Tenant Alterations”, as used
in Section 3(b) of this Amendment), including Tenant Work, if any, as used in
Section 3(b) of this Amendment, shall be subject to and in compliance with all
conditions and provisions of the Lease applicable to Tenant Alterations,
including the procedure set forth in the third paragraph of Paragraph 11 of the
Lease to identify those Tenant Alterations which Tenant desires to remove at
the end of the Lease Term and those which Landlord will require Tenant to
remove.

 

Section 10.                                      Option to
Extend.

 

(a)                                  Landlord
hereby grants Tenant a single option to extend the Modified Term of the Lease for an additional period of five (5)
years (such period may be referred to as the “Option Term”), as to the

 

2

 

entire Premises as it may then exist, upon and subject to the terms and
conditions of this Section (the “Option To Extend”), and provided that at the
time of exercise of such right:  (i)
Tenant must be in occupancy of the entire Premises; and (ii) there has been no
material adverse change in Tenant’s financial position from such position as of
the date of execution of the Lease, as certified by Tenant’s independent
certified public accountants, and as supported by Tenant’s certified financial
statements, copies of which shall be delivered to Landlord with Tenant’s written
notice exercising its right hereunder.

 

(b)                                 Tenant’s
election (the “Election Notice”) to exercise the Option To Extend must be given
to Landlord in writing no earlier than the date which is twelve (12) months
before the Expiration Date and no later than the date which is nine (9) months
prior to the Expiration Date.  If Tenant
either fails or elects not to exercise its Option to Extend by not timely
giving its Election Notice, then the Option to Extend shall be null and void.

 

(c)                                  The
Option Term shall commence immediately after the expiration of the Modified Term of the Lease.  Tenant’s leasing of the Premises during the
Option Term shall be upon and subject to the same terms and conditions
contained in the Lease except that (i) the monthly base rent, plus payment of
Tenant’s proportionate share of Operating Expenses and Utilities charges
pursuant to the Lease (in addition to all expenses paid directly by Tenant to
the utility or service provider, which direct payments shall continue to be
Tenant’s obligation) shall be amended to equal the “Option Term Rent”, defined
and determined in the manner set forth in the immediately following Subsection;
(ii) the Security Deposit provisions shall remain as provided in the Lease;
(iii) Tenant shall accept the Premises in its “AS-IS” condition without any
obligation of Landlord to repaint, remodel, repair (except as otherwise
provided for in the Lease), improve or alter the Premises or to provide Tenant
any allowance therefor; and (iv) there shall be no further option or right to
extend the term of the Lease.  If Tenant
timely and properly exercises the Option To Extend, references in the Lease to
the Term shall be deemed to mean the Modified
Term as extended by the Option Term unless the context clearly requires otherwise.

 

(d)                                 The
Option Term Rent shall mean the greater of (i) the monthly base rent payable by
Tenant under this Lease calculated at the rate applicable for the last full
month of the Modified Term, plus
payment of Tenant’s proportionate share of Operating Expenses and Utilities
charges pursuant to the Lease (in addition to all expenses paid directly by
Tenant to the utility or service provider, which direct payments shall continue
to be Tenant’s obligation) (collectively, “Preceding Rent”) or (ii) the
“Prevailing Market Rent”.  As used
herein Prevailing Market Rent shall mean the rent and all other monetary
payments, escalations and triple net payables by Tenant, including consumer
price increases, that Landlord could obtain from a third party desiring to
lease the Premises for a term equal to the Option Term and commencing when the
Option Term is to commence under market leasing conditions, and taking into
account the following:  the size,
location and floor levels of the Premises; the type and quality of tenant
improvements; age and location of the Project; quality of construction of the
Project; services to be provided by Landlord or by tenant; the rent, all other
monetary payments and escalations obtainable for new leases of space comparable
to the Premises in the Project and in comparable buildings in the mid-Peninsula
area, and other factors that would be relevant to such a third party in
determining what such party would be willing to pay therefor.  The determination of Prevailing Market Rent
based upon the foregoing criteria shall be made by Landlord, in the good faith
exercise of Landlord’s business judgment. 
Within thirty (30) days after Tenant’s exercise of the Option To Extend,
Landlord shall notify Tenant of Landlord’s determination of Option Term Rent
for the Premises.  If Landlord’s
determination of Prevailing Market Rent is greater than the Preceding Rent, and
if Tenant, in Tenant’s sole discretion, disagrees with the amount of Prevailing
Market Rent determined by Landlord, Tenant may elect to revoke and rescind the
exercise of the option by giving written notice thereof to Landlord within
forty-five (45) days after notice of Landlord’s determination of Prevailing
Market Rent.

 

(e)           This Option to
Extend is personal to Cygnus and to any assignee of the Lease which is an
Affiliate (defined below) and may not be used by, and shall not be transferable
or assignable (voluntarily or involuntarily) to any other person or
entity.  For purposes of this Section,
“Affiliate” means (i) any subsidiary, affiliate or division controlled by
Tenant; (ii) a successor corporation related to Tenant through merger,
consolidation or non-bankruptcy reorganization; or (iii) a purchaser of
substantially all of Tenant’s assets, in each case of (i), (ii) and (iii) which
also must satisfy the requirements described in the paragraph immediately
following Paragraph 15(d) of the Lease.

 

(f)                                    Upon
the occurrence of any of the following events, Landlord shall have the option,
exercisable at any time prior to commencement of the Option Term, to terminate
all of the provisions of this Section with respect to the Option to Extend,
with the effect of canceling and voiding any prior or subsequent exercise so
this Option to Extend is of no force or effect:

 

(i)   Tenant’s failure to timely
exercise the Option to Extend in accordance with the provisions of this
Section.

 

(ii)  The existence at the time Tenant
exercises the Option to Extend or at the commencement of the Option Term of any
default beyond any applicable notice and grace period.

 

(g)                                 Without
limiting the generality of any provision of the Lease, time shall be of the
essence with respect to all of the provisions of this Section.

 

Section 11.  Current Addresses for Notice.  The current addresses for notices permitted
or required under the Lease (as amended in Section 14 of the First Amendment
and hereby) to be sent to Landlord or Tenant respectively are, until further
written notice from a party of its new address, as follows:

 

3

 

Notices to Landlord shall be
addressed:

 

Metropolitan Life Insurance Company

c/o
Seaport Centre Project Manager

701
Chesapeake Drive

Redwood
City, CA 94063

 

with
copies to the following:

 

Metropolitan
Life Insurance Company

400
South El Camino Real, Suite 800

San
Mateo, CA  94402

Attention:  Director, Equity Investments

 

Notices to Tenant shall be addressed as follows:

 

Cygnus, Inc.

400 Penobscot Drive

Redwood City, CA 94063

Attention:  Mr. John C Hodgman, Chairman, President and
CEO

 

Section 12.  Time of Essence.  Without
limiting the generality of any other provision of the Lease, time is of the
essence to each and every term and condition of this Amendment.

 

Section 13.  Brokers.  Tenant
represents that in connection with this Amendment it is represented by Tory
Corporate Real Estate Advisors, Inc., doing business as The Staubach Company
(“Tenant’s Broker”) and, except for Tenant’s Broker and Landlord’s Broker
(defined below), Tenant has not dealt with any real estate broker, sales
person, or finder in connection with this Amendment, and no such person
initiated or participated in the negotiation of this Amendment.  Tenant
hereby indemnifies and agrees to protect, defend and hold Landlord and
Landlord’s Broker harmless from and against all claims, losses, damages,
liability, costs and expenses (including, without limitation, attorneys’ fees
and expenses) by any broker, agent or other person  claiming
a commission or other form of compensation by virtue of alleged representation
of, or dealings or discussions with, Tenant with respect to the subject matter
of this Amendment, except for
Landlord’s Broker and except for a
commission payable to Tenant’s Broker to the extent provided for in a separate
written agreement between Tenant’s Broker and Landlord’s Broker (defined
below).  Landlord represents that in connection with this Amendment it is
represented by Cornish and Carey (“Landlord’s Broker”) and, except for
Landlord’s Broker and Tenant’s Broker, Landlord has not dealt with any real estate
broker, sales person, or finder in connection with the subject matter of this
Amendment.  Tenant is not obligated to
pay or fund any amount to Landlord’s Broker, and Landlord hereby agrees to pay
such commission, if any, to which Landlord’s Broker is entitled in connection
with the subject matter of this Amendment pursuant to Landlord’s separate
written agreement with Landlord’s Broker.  Landlord hereby indemnifies and
agrees to protect, defend and hold Tenant harmless from and against all claims,
losses, damages, liability, costs and expenses (including, without limitation,
attorneys’ fees and expenses) by any broker, agent or other person  claiming
a commission or other form of compensation by virtue of alleged representation
of Landlord with respect to the transaction contemplated by this
Amendment.  The provisions of this
Section shall survive the expiration or earlier termination of the Amendment or
the Lease.

 

Section 14.  Attorneys’ Fees.  Each
party to this Amendment shall bear its own attorneys’ fees and costs incurred
in connection with the discussions preceding, negotiations for and
documentation of this Amendment.  In the
event any party brings any suit or other proceeding with respect to the subject
matter or enforcement of this Amendment or the Lease, the prevailing party (as
determined by the court, agency or other authority before which such suit or
proceeding is commenced) shall, in addition to such other relief as may be
awarded, be entitled to recover attorneys’ fees, expenses and costs of
investigation as actually incurred, including court costs, expert witness fees,
costs and expenses of investigation, and all attorneys’ fees, costs and
expenses in any such suit or proceeding (including in any action or
participation in or in connection with any case or proceeding under the
Bankruptcy Code, 11 United States Code Sections 101 et seq., or any
successor statutes, in establishing or enforcing the right to indemnification,
in appellate proceedings, or in connection with the enforcement or collection
of any judgment obtained in any such suit or proceeding).

 

Section 15.  Effect of Headings; Recitals:
Exhibits.  The titles or headings of the various parts or
sections hereof are intended solely for convenience and are not intended and
shall not be deemed to or in any way be used to modify, explain or place any
construction upon any of the provisions of this Amendment.  Any and all Recitals set forth at the
beginning of this Amendment are true and correct and constitute a part of this
Amendment as if they had been set forth as covenants herein.  Exhibits, schedules, plats and riders hereto
which are referred to herein are a part of this Amendment.

 

Section 16.  Entire Agreement; Amendment.  The
Lease as amended by this Amendment constitutes the full and complete agreement
and understanding between the parties hereto and shall supersede all prior
communications, representations, understandings or agreements, if any, whether
oral or written, concerning the subject matter contained in the Lease as so
amended, and no provision of the Lease as so amended may be modified, amended,
waived or discharged, in whole or in part, except by a written instrument
executed by all of the parties hereto.

 

4

 

Section 17.  Authority.  Each
party represents and warrants to the other that it has full authority and power
to enter into and perform its obligations under this Amendment, that the person
executing this Amendment is fully empowered to do so, and that no consent or
authorization is necessary from any third party.  Landlord may request that Tenant provide Landlord evidence of
Tenant’s authority.

 

Section 18.  Counterparts.  This Amendment may be executed in duplicates
or counterparts, or both, and such duplicates or counterparts together shall
constitute but one original of the Amendment. 
Each duplicate and counterpart shall be equally admissible in evidence,
and each original shall fully bind each party who has executed it.

 

IN WITNESS WHEREOF, the parties
hereto have executed this Amendment as of the date first set forth above.

 

 

	
  TENANT:

  	
  CYGNUS, INC

  	
   

  
	
   

  	
  a Delaware corporation

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ John C Hodgman

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  John C Hodgman

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Chairman, President and CEO

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  LANDLORD:

  	
  METROPOLITAN LIFE INSURANCE COMPANY,

  
	
   

  	
  a New York corporation

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ Joel R. Redmon

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Joel R. Redmon

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Director

  
						

 

5

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