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AMENDMENT NO. 5 TO LEASE

Lease Agreement

AMENDMENT NO. 5 TO LEASE | Document Parties: JOHN ARRILLAGA FAMILY TRUST | SYNOPSYS, INC | RICHARD T. PEERY You are currently viewing:
This Lease Agreement involves

JOHN ARRILLAGA FAMILY TRUST | SYNOPSYS, INC | RICHARD T. PEERY

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Title: AMENDMENT NO. 5 TO LEASE
Date: 12/21/2007
Industry: Software and Programming     Sector: Technology

AMENDMENT NO. 5 TO LEASE, Parties: john arrillaga family trust , synopsys  inc , richard t. peery
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Exhibit 10.11

AMENDMENT NO. 5
TO LEASE

         THIS AMENDMENT NO. 5 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 August 17, 1990 Landlord leased to Tenant all of that certain 104,170± square foot building located at 700C East Middlefield Rd., Mountain View, California, the details of which are more particularly set forth in said August 17, 1990 Lease Agreement (the " Lease "), and

         B.     WHEREAS , said Lease was amended by the Commencement Letter dated April 1, 1991 which amended the Commencement Date of the Lease to commence March 15, 1991 and terminate March 14, 1999, and

         C.     WHEREAS , said Lease was amended by Amendment No. 1 dated June 16, 1992 which: (i) extended the Lease Term through October 31, 2000; (ii) added a Paragraph addressing co-terminous lease terms; (iii) replaced Lease Paragraph 51 (" Hazardous Materials ") and Exhibit A to the Lease; and (iv) amended Lease Paragraph 31 (" Notices ") and the Basic Rent schedule, and

         D.     WHEREAS , said Lease was amended by Amendment No. 2 dated March 22, 1993 which extended the Lease Term through December 31, 2000 and amended the Basic Rent Schedule, and

         E.     WHEREAS , said Lease was amended by Amendment No. 3 dated June 23, 1993, which: (i) extended the Term of the Lease through December 31, 2002 to be co-terminous with the projected term of the Lease Agreement dated June 23, 1993 for premises located at 700A East Middlefield Road, Mountain View, California; (ii) amended the Basic Rent schedule; and (iii) replaced Paragraph 47 (" Parking "), and

         F.      WHEREAS , said Lease was amended by Amendment No. 4 dated November 4, 1994 which: (i) extended the Term of the Lease through February 28, 2003 to be co-terminous with the extended Termination Date of the Lease Agreement dated June 23, 1993 for premises located at 700A East Middlefield Road, Mountain View, California, and (ii) amended the Basic Rent schedule and the Aggregate Rent of the Lease Agreement, and

         G.     WHEREAS , it is now the desire of the parties hereto to amend the Lease by: (i) amending Amendment No. 3 Paragraph 2 (" Lease Terms Co-Terminous ") and Amendment No. 2 Paragraph 1 (" Term of Lease ") to include reference to Tenant's other lease agreements with Landlord dated June 16, 1992, June 23, 1993, and August 24, 1994 for premises respectively located at 700B and 700A East Middlefield Road, Mountain View, California and 1101 West Maude Avenue, Sunnyvale, California; (ii) adding a Cross Default Paragraph in reference to Tenant's three existing leases for premises respectively located at 700A and 700B East Middlefield Road, Mountain View, California, and 1101 West Maude Avenue, Mountain View, California; and (iii) establishing Tenant's temporary driveway rights to adjacent p


 
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