SECOND AMENDMENT TO LEASE
(180 ▇▇▇▇ ▇▇▇▇▇▇▇ Way)
This SECOND AMENDMENT To LEASE (this "Amendment") is dated as of this
31st day of March, 2000, by and between CORPORATE TECHNOLOGY CENTRE ASSOCIATES
II LLC, a California limited liability company ("Landlord"), and ADEPT
TECHNOLOGY, INC., a California corporation ("Tenant").
RECITALS
A. Landlord and Tenant entered into a Lease dated June 1, 1998, as
amended by that certain First Amendment to Lease dated July 31, 1998
(collectively, the "Lease"), for premises within a building with a street
address of ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, and more particularly
described in the Lease;
B. Landlord and Tenant now desire to amend the Lease on the terms and
conditions set forth herein. Capitalized terms used in this Amendment and not
otherwise defined shall have the meanings assigned to them in the Lease.
AGREEMENT
Now THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree
as follows:
1. Lease Amendment. As of March 24, 2000, the Lease is amended as
follows:
(a) Leased Premises. The definition of Lease Premises shall
exclude the Recapture Premises and the definition of "Leased Premises" set forth
in Article 1 of the Lease is hereby deleted and replaced in its entirety as
follows:
Leased Premises: Certain interior space on the second floor
of the Building as outlined on Exhibit B
attached hereto, consisting of approximately
10,417 square feet and, for purposes of this
Lease, agreed to contain said numher of
square feet.
(b) Base Monthly Rent. The definition of Base Monthly Rent set
forth in Article 1 of the Lease is deleted and replaced in its entirety as
follows:
Base Monthly Rent: The term "Base Monthly Rent" shall mean the following:
During Period: Base Monthly Rent is:
1/1/2000 through 3/24/2000 $52,982.88
3/25/2000 through 12/31/2000 $17,917.24
1/1/2001 through 12/31/2001 $18,646.43
1/1/2002 through 12/31/2002 $19,375.62
1/1/2003 through 12/31/2003 $20,104.81
(c) Tenant's Proportionate Share. Tenant's Project
Proportionate Share is changed to 3.35% and Tenant's Building Proportionate
Share is changed to 18.1%.
(d) Floor Plan. Exhibit B of the Lease is deleted and replaced
with the floor plan set forth on Exhibit A attached hereto.
2. Notices. After April 30, 2000, all notices to be sent to Landlord
under the Lease shall be sent to Landlord at ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇,
▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇.
3. Ratification. The Lease, as amended by this Amendment, is hereby
ratified by Landlord and Tenant and Landlord and Tenant hereby agree that the
Lease, as so amended, shall continue in full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment as
of the date first written above.
LANDLORD:
CORPORATE TECHNOLOGY CENTRE ASSOCIATES II LLC, a
California limited liability company
By: Corporate Technology Centre Partners II LLC, a
California limited liability company, its
Managing Member
By: Menlo Equities LLC, a California limited
liability company, its Managing Member
By: Menlo Equities Inc., a California
corporation, its Management
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
----------------------------------
▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, President
TENANT:
ADEPT TECHNOLOGY, INC., a
California corporation
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
----------------------------------------
Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Chief Financial Officer
GRAPHIC OMITTED
EXHIBIT A
FLOOR PLAN