CMGI Inc. Contracts
Sample Business Contracts
California-Newark-3 Dumbarton Business Center Lease [Amendment No. 1] - Windy Pacific Partners and Pacific Mailing Corp.
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.
FIRST AMENDMENT TO LEASE BETWEEN WINDY PACIFIC PARTNERS AND PACIFIC MAILING CORPORATION THIS FIRST AMENDMENT TO LEASE (the "Amendment") is made and entered into as of December 22, 1995 by and between WINDY PACIFIC PARTNERS ("Lessor") and PACIFIC MAILING CORPORATION ("Lessee"). RECITALS: -------- A. Lessor and Lessee are parties to that certain lease (the "Lease") dated July 30, 1995 for a portion of the building on the real property commonly known as Lot #3, Dumbarton Business Center, Newark, California. AGREEMENT --------- NOW, THEREFORE, Lessor and Lessee agree as follows: 1. Amendment of Lease. The following paragraph 62 is hereby added to the ------------------ Lease: 62. Additional Premises. ------------------- 62.1 Premises: Rent, during the Additional Premises Lease Term, -------------- the Premises shall include the remainder of the Building (the "Additional Premises") and the Monthly Base Rent payable hereunder shall be increased by $14,333. 62.2 Additional Premises Lease Term. The additional Premises ------------------------------------ Lease Term shall commence thirty (30) days after Lessor notifies Lessee that the improvements described in paragraph 62.3 below are substantially complete and ready for occupancy and continue for sixty (6) months. 62.3 Improvements. Lessor will construct the tenant ------------------ improvements to the additional Premises in accordance with the plans prepared by Vance M. Brown & Sons, Inc., a copy of which is attached hereto as Exhibit A. All other work shall be at Lessee's cost and shall be subject to the terms of the work letter attached to the Lease. 62.4 Base Rent Upon Execution; Security Deposit. Concurrently ------------------------------------------------- with the signing of this Amendment, Lessee is paying Lessor the sum of $28,666; $14,333 of which is payment of the first month's Base Rent with respect to the additional Premises and $14,333 of which is additional security deposit. The additional security deposit shall be held in accordance with paragraph 5 and returned to Lessee upon expiration of the Additional Premises Lease Term in accordance with the terms of paragraph 5. 2. Miscellaneous. Except as amended herein, the Lease shall remain in ------------- full force and effect. Defined terms in the Lease shall have the same meaning in this Amendment unless otherwise defined herein. This Amendment constitutes the entire agreement between the parties with respect to the subject matter hereof. IN WITNESS WHEREOF, the parties hereto have executed this First Amendment to Lease as of the date first set forth above. LESSOR: LESSEE: Windy Pacific Partners, Pacific Mailing Corporation, a general partnership a California corporation By: Windy Hill Investment Company, By: /s/Michael Tuite Its: Managing Partner ------------------------- Its: President By: /s/Willim J. Hurwick ----------------------- -------------------------- William J. Hurwick By: California Pacific Commercial Corporation, a California corporation By: /s/Daniel J. McGanney, III -------------------------------- Daniel J. McGanney, III <PAGE> DRAWING SHOWING SLICES 1 - 2 - 3 MARKED AS EXHIBIT "A" <PAGE> Dumbarton Business Park Office: 986 SF December 18, 1995 Central Ave Warehouse: 37,492 SF Newark, CA --------- Total: 38,478 SF <TABLE> <CAPTION> TOTAL COST <S> <C> <C> 1. Carpentry/Miscellaneous $ 7,710 $0.20 2. Door, Frames and Hardware 4,200 0.11 3. Glass and Glazing Interior 600 0.02 4. Metal Studs and Gyp Board 13,298 0.35 5. Casework 1,160 0.03 6. Chain Link Fencing (2,000 SF) 3,950 0.10 7. Acoustic Ceilings 888 0.02 8. Insulation 714 0.02 9. Carpet/VCT/Sheetvinyl 2,196 0.06 10. Painting 1,600 0.04 11. Toilet Partitions & Accessories 2,200 0.06 12. Plumbing 8,860 0.23 13. Fire Sprinklers 5,834 0.15 14. HVAC 6,380 0.17 15. Electrical 24,240 0.63 16. Architectural & Structural Design Fees 2,500 0.06 ------- ----- Sub Total $83,830 $2.18 Permit Fees (Allow) 1,200 0.03 Contractor's Fee 4,192 0.11 ------- ----- TOTAL $89,222 $2.32 </TABLE> Exclusions: Window Blinds; Security Systems, Telephone & Data Wiring.