SEC Contract Filing

Filing Date: 2015-08-14

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<FILENAME>dataiocorporationthirdamendm.htm
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<p style="margin:0in;margin-bottom:.0001pt;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>

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<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;page-break-after:avoid;text-align:center;"><b><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">THIRD AMENDMENT TO LEASE</font></u></b></p>

<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:0in;page-break-after:avoid;text-align:center;"><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">(Redmond East)</font></b></p>

<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">THIS THIRD AMENDMENT TO LEASE (&quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Third Amendment</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;)
is made and entered into as of the _____ day of April, 2015, by and between
ARDEN REALTY LIMITED PARTNERSHIP, a Maryland limited partnership (&quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Landlord</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;)
and DATA I/O CORPORATION, a Washington corporation (&quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Tenant</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;).</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:24.0pt;page-break-after:avoid;text-align:center;"><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;text-transform:uppercase;">r e c i t a l s</font></u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;text-decoration:none;text-transform:uppercase;">:</font></p>

<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">A.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Carr Redmond, LLC, a Delaware limited liability company
(&quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Original Landlord</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;) and Tenant entered into that certain
Lease dated as of February&nbsp;28, 2006 (the &quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Original Lease</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;)
as amended by that certain First Amendment to Lease dated as of August&nbsp;24,
2006 by and between Original Landlord and Tenant (&quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">First Amendment</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;)
and by that certain Second Amendment to Lease dated as of January&nbsp;31, 2011
by and between Landlord and Tenant (&quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Second Amendment</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;),
whereby Landlord leases to Tenant and Tenant leases from Landlord certain
office space located in that certain building located and addressed at 6464 185<sup>th</sup>
Avenue&nbsp;NE, Redmond, Washington (the &quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Existing Building</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&quot;).&#160;
The Original Lease, as amended by the First Amendment and the Second Amendment,
may be referred to herein as the &quot;</font><b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">Lease</font></b><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">.&quot;&#160; Landlord is the
successor-in-interest to Original Landlord.</font></p>

<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">B.&#160;&#160;&#160;&#160;&#160;&#160;&#160; By this Third Amendment, Landlord and Tenant desire to
relocate the Existing Premises, and to otherwise modify the Lease as provided
herein.</font></p>

<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">C.&#160;&#160;&#160;&#160;&#160;&#160;&#160; Unless otherwise defined herein, capitalized terms as
used herein shall have the same meanings as given thereto in the Original
Lease.</font></p>

<p style="margin:0in;margin-bottom:0in;margin-left:0in;margin-right:0in;margin-top:12.0pt;text-align:justify;text-indent:.5in;"><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">NOW, THEREFORE, in consideration of the foregoing recitals and
the mutual covenants contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto hereby agree as follows:</font></p>

<p style="margin:0in;margin-bottom:12.0pt;margin-left:0in;margin-right:0in;margin-top:24.0pt;page-break-after:avoid;text-align:center;"><u><font face="Times New Roman" lang=EN-US style="font-size:12.0pt;text-transform:uppercase;">A G R E E M E N T:</font></u></p>

<p style="margin:0in;margin-bottom:0in;mar