Exhibit 10.10
AMENDMENT NO 1 TO
LEASE
THIS
AMENDMENT NO. 1 TO LEASE (“Amendment No.
1”) is dated as of January 27, 2005, by and between KILROY REALTY, L.P.,
a Delaware Limited Partnership, KILROY REALTY CORPORATION, a
Maryland Corporation, General Partner (“Landlord”), and
1 st PACIFIC BANK OF CALIFORNIA,
a California Corporation
(“Tenant”), with reference to the following facts and
objectives:
R
E C
I T A L
S :
A.
Legacy Sabre Springs,
LLC, predecessor-in-interest to Landlord, acting in
the capacity of and therein
referred to as Landlord, entered into a Lease dated September 30,
2004, with Tenant, acting in the capacity of and therein
referred to as Tenant (the “Lease”) for Suite 100 (the
“Premises”),
containing approximately 5,316 rentable square feet, located in a
six-story building, the street address of which is 13500
Evening Creek Drive North, San Diego, California 92128
(“Building”), containing approximately 140,915 rentable
square feet. The Building comprises a portion of the Kilroy Sabre
Springs project (the “Project”), which also contains a
second six-story office building containing approximately 140,915,
with a street address of 13520 Evening Creek Drive North, San
Diego, California, 92128. The Lease and this Amendment No. 1 are
hereinafter collectively referred to as the
“Lease.”
B.
Landlord and
Tenant now wish to amend the Lease to confirm the
commencement and expiration
dates of the term, as hereinafter provided.
NOW, THEREFORE,
in consideration of the foregoing
Recitals and the mutual covenants contained herein, and for other good and
valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, Landlord and Tenant agree as
follows:
1.
Confirmation of
Dates
The parties hereby confirm that the
Term of the Lease will commence February 7, 2005 (“Lease Commencement Date”) for
a term of approximately eighty-four (84) months, expiring on
February 29, 2012 (unless sooner terminated or extended as provided
in the Lease.)
2.
Rent
Rent shall
comme
