Exhibit
10.17
AMENDMENT NO. 2 TO
LEASE
THIS AMENDMENT NO. 2 is made and entered into this fourth day of October, 1995, by
and between JOHN ARRILLAGA
, Trustee, or his Successor Trustee UTA dated
7/20/77 ( ARRILLAGA FAMILY
TRUST ) as amended (previously known
as the JOHN ARRILLAGA SEPARATE PROPERTY
TRUST ), and RICHARD T. PEERY , Trustee, or his
Successor Trustee UTA dated 7/20/77 ( RICHARD T. PEERY SEPARATE PROPERTY TRUST
) as amended, collectively as LANDLORD , and
SYNOPSYS, INC. , a Delaware corporation, as TENANT .
RECITALS
A. WHEREAS
, by Lease Agreement dated June 23, 1993
Landlord leased to Tenant all of that certain 104,170
+/- square foot
building located at 700A East Middlefield Road, Mountain View,
California, the details of which are more particularly set forth in
said June 23, 1993 Lease Agreement (the " Lease "), and
B. WHEREAS
, said Lease was amended by Amendment No. 1
dated November 4, 1994 which: (i) acknowledged Tenant's
exercise of its option to delay occupancy of the first floor of the
Premises and established February 1, 1995 as the Commencement
Date for the second floor of the Premises; (ii) decreased the
Term of the Lease to eight (8) years five (5) months, or
from October 1, 1994 through February 28, 2003, pursuant
to Lease Paragraph 51 (" Commencement Date, Lease Term and Basic Rent Schedule
Amended in the Event Tenant Delays Occupancy on the First and/or
Second Floor of the Leased Premises "); and (iii) amended the Basic Rent schedule and the
Aggregate Rent of said Lease Agreement accordingly, and
C. WHEREAS
, it is now the desire of the parties hereto to
amend the Lease by: (i) amending Lease Paragraphs 49 ("
Cross Default ")
and 50 (" Lease Terms
Co-Terminous "), to include reference
to Tenant's other lease agreements with Landlord dated
August 17, 1990, June 16, 1992, and August 24, 1995
for premises respectively located at 700C and 700B East Middlefield
Road, Mountain View, California and 1101 West Maude Avenue,
Sunnyvale, California; (ii) amending Lease
Paragraph 52.B. (" Structural
Capital Costs Regulated by Governmental Agencies after the
Commencement of this Lease Not Caused by Tenant or Tenant's Uses or
Remodeling of the Premises ") to
correct an error disclosed by a recent audit of said Lease which
requires the deletion of the reference to the last four
(4) years of the Lease Term as a factor in calculating
Tenant's cash contribution towards the cost of said capital
improvements; and (iii) establishing Tenant's temporary
driveway rights to adjacent property leased by Tenant at 1101 West
Maude Avenue, Mountain View, California; and
(iv) replacing Exhibit A to said Lease as
hereinafter set forth.
AGREEMENT
NOW THEREFORE , for
valuable consideration, receipt of which is hereby acknowledged,
and in consideration of the hereinafter mutual promises, the
parties hereto do agree as follows:
1. AMENDMENT TO LEASE PARAGRAPH 50
("LEASE TERMS CO-TERMINOUS") : The aforementioned Paragraph are
hereby amended by the parties hereto to include the
following:
-
-
"It is understood that Landlord and Tenant have
three other leases dated August 17, 1990, June 16, 1992,
and August 24, 1995 for premises respectively located at 700C
and 700B East Middlefield Road, Mountain View, California and 1101
West Maude Avenue, Sunnyvale, California (" Other Leases "). It is
acknowledged that it is the intention of the parties that the Term
of this Lease be co-terminus with the term of the Other Leases such
that the terms of
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