Exhibit
10.20
PEERY/ARRILLAGA JOINT
VENTURE
Sent Via Email:
Rebecca.jorgenson@synopsys.com
Original By Certified Mail
April 25, 2006
- To:
- Synopsys, Inc.
Rebecca Jorgenson
700 E. Middlefield Rd.
Mountain View, CA 94039
- RE:
- NOTIFICATION OF CHANGE OR OWNERSHIP OF LEASED
PREMISES—EFFECTIVE APRIL 25, 2006
Tenant is
hereby notified and advised that, effective as of April 25,
2006 (the " Transfer
Date "), SILICON VALLEY CA-I, LLC, a
Delaware limited liability company (the " Purchaser ") has purchased
and acquired from Peery/Arrillaga Joint Venture (the "
Seller "), all
of Seller's right, title and interest in and to the leased premises
consisting of 104,170 square feet, which is located within the
property commonly known as Maude 5 (the " Property "), including,
without limitation, all of Seller's right, title and interest as
the " Landlord
," " Lessor " and "
Owner " arising
from and after the Transfer Date in connection with all lease
agreements and, if any, amendments thereto, with respect to the
Property. In connection with Purchaser's acquisition of the
Property, Seller has assigned to Purchaser, the following items to
the extent delivered to Seller by tenants of the Property: the net
balance of security deposits, all letters of credit, all promissory
notes (excluding notes for deferred rental amounts and/or
reimbursement costs for tenant improvements, if any), all lease
guaranties, and any unapplied amounts of prepaid rent. Effective as
of the Transfer Date, Purchaser has assumed all of the obligations
of Seller arising under the Lease from and after the Transfer
Date.
Tenant is
further advised that, if Tenant has unpaid amounts outstanding and
due Seller with regard to periods prior to the Transfer Dates
and/or outstanding amounts due
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