SEC Contract Filing

Filing Date: 2016-11-07

Document Content:
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<TYPE>EX-10.2
<SEQUENCE>2
<FILENAME>d191784dex102.htm
<DESCRIPTION>EX-10.2
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>COMMERCIAL LEASE </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This
<B>COMMERCIAL LEASE</B> (&#147;<B>Lease</B>&#148;) is entered into as of September 13, 2016 (the &#147;<B>Effective Date</B>&#148;), by and between <B>PKY INTERNATIONAL PLAZA II, LLC</B>, a Delaware limited liability company
(&#147;<B>Landlord</B>&#148;), and <B>FLEETMATICS USA, LLC</B>, a Delaware limited liability company (&#147;<B>Tenant</B>&#148;). In consideration of the mutual covenants set forth herein, Landlord and Tenant agree as follows: </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>1.</B> <B><U>Terms and Definitions</U></B><B>.</B> The following definitions and terms apply to this Lease (other words are defined
elsewhere in the text of this Lease): </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(a)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Tenant&#146;s Current Address</B>&#148;: 1100 Winter Street, Suite 4600, Waltham, Massachusetts 02451, Attention: A1 Vasile, with a copy to Legal Department. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(b)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Premises</B>&#148;: Suite 300 located on the third floor in the Corporate Center Two at International Plaza building (the &#147;<B>Building</B>&#148;) located on land with an address of 4211 West Boy Scout
Blvd., Tampa, Florida 33607 (the &#147;<B>Land</B>&#148;) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(c)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Rentable Area of Premises</B>&#148;: 17,051 rentable square feet (&#147;<B>RSF</B>&#148;) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Rentable Area of Building</B>&#148;: 290,648 RSF </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(e)</TD>
<TD ALIGN="left" VALIGN="top"><B></B>&#147;<B>Pro-rata Share</B>&#148;: Tenant&#146;s pro-rata share is 5.87%, which is determined by dividing the Rentable Area of Premises by the Rentable Area of Building. </TD></TR></TABLE>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(f)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Term</B>&#148;: a period of approximately eighty-eight (88) months beginning on the Commencement Date and expiring at 6 o&#146;clock PM local time on the Expiration Date. </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(g)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Lease Year</B>&#148;: each successive twelve (12) month period throughout the Term; provided that the first Lease Year shall commence on the Commencement Date and expire (i) on the last day of the month
preceding the first anniversary of the Commencement Date, if the Commencement Date occurs on the first day of the month; or (ii) on the last day of the month in which the first anniversary of the Commencement Date occurs, if the Commencement Date
occurs on a day other than the first day of the month; each subsequent Lease Year shall commence on the day following the expiration of the previous Lease Year; and, the last Lease Year shall expire upon the expiration of the Term.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left">(h)</TD>
<TD ALIGN="left" VALIGN="top">&#147;<B>Commencement Date</B>&#148;: Subject to and upon the terms and conditions set forth herein, the Commencement Date of this Lease shall be the earlier of (i) the date Tenant takes possession of all or any portion
of the Premises for the purpose of conducting Tenant&#146;s business; or (ii) Substantial Completion, as defined and provided in the Work