Sample Business Contracts


California-San Mateo-1650 South Amphlett Boulevard Lease [Amendment No. 1] - Cornerstone Properties I LLC and AvantGo Inc.

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.

                      # 1 Amendment to Lease / Expansion

AMENDMENT, made this 28th day of January, 1998, between CORNERSTONE PROPERTIES
I, LLC, having an office at 1720 So. Amphlett Blvd., Suite 110, San Mateo,
California, 94402, "Lessor", and, BOMBARDIER SOFTWARE, having an office at 1650
So. Amphlett Blvd., Suite 114, San Mateo, California, 94402, "Lessee."

WHEREAS, BAYSHORE CORPORATE CENTER, and BOMBARDIER SOFTWARE, entered into a
Lease dated June 23, 1997, covering Suite 114 in the building 1650 South
Amphlett Blvd., San Mateo, California, 94402, at the rental and upon the terms
and conditions there more particularly set forth; and

WHEREAS BAYSHORE CORPORATE CENTER IS NOW CORNERSTONE PROPERTIES I, LLC
WHEREAS Bombardier Software, Inc. is now AvantGo, Inc.
WHEREAS, Lessor and Lessee are desirous of amending said Lease in the manner set
forth below.

SQUARE FOOTAGE: Suite 114 consists of 1,117 square feet. Effective February 1,
1998, Lessee will lease an additional 2,220 square feet in suite 212, Building
1650, see Exhibit "A." The total leased square footage shall be 3,337.

LEASE TERM: The term for the above mentioned space shall be from February 1,
1998 to July 31, 1998

RENT:
Existing Space: 1,117 square feet (1650/114)
$2.10 per square foot full service, per month        $2,345.70 per month

Expansion Space: 2,220 square feet (1650/212)
$2.10 per square foot, full service, per month       $4,662.00 per month

TOTAL COMBINED SPACES            $7,007.70 PER MONTH

OPERATING EXPENSES AND PROPERTY TAXES: Lessee will be billed for Operating
Expenses and Property Taxes at a proportionate rate of 1.005 %. The base year
for Operating Expenses and Property Taxes shall be 1997.

SECURITY DEPOSIT:  Upon execution of this lease, Lessee shall increase security
deposit from $2,289.85 to $7,007.70. An increase in the amount of $4,717.85.

TENANT IMPROVEMENTS: Costs paid by Lessor: Paint touch up and steam clean
carpets.

GENERAL TERMS: All other terms, covenants, provisions, and agreements of said
Lease dated June 23, 1997 and subsequent Amendments shall remain in full force.

IN WITNESS WHEREOF, this Amendment to Lease has been duly executed by the
parties hereto.

Dated:_____________________           Lessor: CORNERSTONE PROPERTIES I, LLC

                                      By:     _______________________________
                                              Steve Kaufman


Dated: 2/2/98                         Lessee: AvantGo, Inc.
      ---------------------
                                      By:     /s/ Felix Lin
                                              ________________________________
                                              Felix Lin

Exhibit "A", & "B" Attached

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