Sample Business Contracts


California-Santa Clara-2800-2860 San Tomas Expressway Lease [Amendment] - Akamai Technologies Inc. and San Tomas Properties LLC

Lease Forms

  • Start a state-specific lease for the rental of commercial property. Specify the term and rent due, as well as whether the landlord or tenant is responsible for property taxes, insurance, and maintenance and repairs.
  • When a tenant vacates commercial property before the lease term has expired, it may be able to rent the premises to a third party. The tenant would be the sublessor and the third party would be the sublessee. Besides preparing a sublease, both parties will want to review the provisions for assignment or subletting in the original lease agreement between the landlord and the sublessor.
  • Tenants of residential property should prepare a sublease agreement if they are seeking to sublease a room or the entire apartment or house to a third party. All parties should review the original lease agreement to see if there are any restrictions on subletting or assigning the premises.
  • Triple net leases are a type of commercial leases where the tenant has to pay for property taxes, insurance, utilities, and maintenance, in addition to the monthly rent.
  • When renting an office space, tenants should understand the amount of the rent and duration of the lease. Other important terms include whether the space can be subleased, which parties are responsible for maintenance, and whether any furniture and furnishings will be provided. 

                                                     November 6, 2002
DIVCO West Group, LLC
San Tomas Properties, LLC
150 Spear Street
San Francisco, CA 94105

    Re:  Office Lease

Dear Sir or Madam:

     Reference  is made to that  certain  Office  Lease by and between San Tomas
Properties,  LLC ("Landlord") and Akamai Technologies,  Inc.  ("Akamai"),  dated
June 30, 2000 (the  "Lease") and ongoing  discussions  of the parties  regarding
restructuring  of the same.  All  capitalized  terms used and not defined herein
shall  have the  meanings  given to them in the Lease.  This is to  confirm  the
agreement of the parties that  effective  upon receipt by Landlord of payment of
Rent for the month of October 2002 in the amount of  $$578,811.39,  such payment
date shall be  retroactive,  and such payment  shall be  considered to have been
made under the Lease without default, nunc pro tunc, as of October 1, 2002. Also
effective upon receipt of such payment by Landlord,  Landlord waives any default
that may have  occurred  relating to delay in payment of Rent for October  2002.
All other  provisions  of the Lease shall  remain in full force and  effect.  By
signing in the space  provided  below,  you represent that you are authorized to
sign this letter agreement on behalf of Landlord, and you agree to the terms set
forth above.

                                           Very truly yours,

                                           Akamai Technologies, Inc.

                                           By: /s/ Akamai Technologies, Inc.
                                              ----------------------------------
                                              Name:  Kathryn J. Meyer
                                              Title:  VP, General Counsel
Agreed and Acknowledged:

San Tomas Properties, LLC

/s/ San Tomas Properties LLC
--------------------------------------
Name:  Stuart Shiff
Title: Authorized Signatory
Date:  11-06-02

ClubJuris.Com