SEC Contract Filing

Filing Date: 2015-02-27

Document Content:
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<TYPE>EX-10.17
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<FILENAME>ex10_17.htm
<DESCRIPTION>EXHIBIT 10.17
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<div style="TEXT-ALIGN: right; TEXT-INDENT: 0.75pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">Exhibit 10.17</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0.75pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0.75pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">TENTH AMENDMENT TO LEASE AGREEMENT BETWEEN </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0.75pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">METROPOLITAN LIFE INSURANCE COMPANY, AS LANDLORD </div>

<div style="TEXT-ALIGN: center; TEXT-INDENT: 0.75pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">AND</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 206.7pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 201.25pt">ACTIVE POWER, INC., AS TENANT</div>

<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, serif; MARGIN-LEFT: 206.7pt; FONT-SIZE: 10pt; FONT-WEIGHT: bold; MARGIN-RIGHT: 201.25pt">&#160;</div>

<div style="TEXT-ALIGN: justify; TEXT-INDENT: 36pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt">THIS TENTH AMENDMENT TO LEASE AGREEMENT ("<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Amendment"</u></font>) is made and entered into as of the <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>31st</u></font>, day of January, 2003 by and between <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">METROPOLITAN</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">LIFE</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">INSURANCE </font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">COMPANY</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>("<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Landlord"</u></font>) and <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">ACTIVE</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">POWER,</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">INC., </font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>("Tenant").</div>

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<div style="TEXT-ALIGN: center; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">WITNESSETH:</div>

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<div style="TEXT-ALIGN: justify; TEXT-INDENT: 27pt; FONT-FAMILY: 'Times New Roman', Times, Serif; FONT-SIZE: 10pt">Landlord and Tenant entered into that certain Lease Agreement dated March 12, 1996 (the "<font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Lease</u></font>" for space in Stonehollow 1), amended by the <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>First</u></font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>&#160;</u></font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Amendment</u></font> dated June 24, 1996 increasing the square footage to 8,100 square feet in Stonehollow 1, Suite 135, amended by the <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Second</u></font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>&#160;</u></font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Amendment</u></font> dated September 4, 1996 notifying Landlord of a name change from "Magnetic Bearing Technologies" to "Active Power, Inc." amended by the Third Amendment dated October 10, 1997 expanding into <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">STONEHOLLOW </font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">2</font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt; FONT-WEIGHT: bold">&#160;</font>for approximately an additional 15,080 square feet of space located at 11525 Stonehollow Drive, Suite 255, Austin, Texas for a total of 23,180 square feet of space, amended by the <font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>Fourth</u></font><font style="FONT-FAMILY: 'Times New Roman', Times, serif; FONT-SIZE: 10pt"><u>&#160;</u></font><font style="FONT-FAMILY: 'T