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Exhibit
10.29.1
FIRST AMENDMENT TO
COMMERCIAL OFFICE LEASE
This First Amendment to
Commercial Office Lease (“First Amendment”) is entered
into effective the October 23, 2006, by and between USAA STRATUM
EXECUTIVE CENTER JOINT VENTURE, a Texas joint venture, whose
address is 9830 Colonnade Boulevard, Suite 600, San Antonio, Texas
78230 (“Landlord”) and SYNPLICITY, INC., a California
corporation (“Tenant”), whose address is 11044 Research
Boulevard, Suite D-130, Austin, Texas 78759.
WHEREAS, under that certain
Commercial Office Lease dated June 9, 2003
(“Lease”), by and between Landlord and Tenant, Tenant
leases approximately 1,697 Rentable Square Feet of office space
(the “Premises”) known as Suite D-130 in the building
known as Building D at the Stratum Executive Center, located at
11044 Research Boulevard, Austin, Texas 78759, as more particularly
described in the Lease; and
WHEREAS, Landlord and Tenant
desire to extend the Term and relocate and contract the
Premises.
NOW THEREFORE, in
consideration of the rentals to be paid and the covenants and
agreements to be kept and performed by both parties hereto,
Landlord and Tenant hereby agree to amend the Lease as
follows:
| (1) |
Section 1.3 Premises is deleted in its entirety and
replaced with the following: |
“1.3 Premises .
For the period commencing on the Commencement Date and ending on
the Original Premises Expiration Date (as defined herein): 1,697
Rentable Square Feet (“Original Premises”) known as
Suite D-130 located on the first floor of Building D as outlined on
Exhibit A-1 attached hereto and made a part
hereof.
For the period commencing on
the Relocation Date (as defined herein) and ending on the
Expiration Date: 1,337 Rentable Square Feet (“Relocation
Premises”) known as Suite B-530 located on the fifth floor of
Building B as outlined on Exhibit A-1 attached hereto
and made a part hereof.”
| (2) |
Section 1.8 Commencement Date is deleted in its
entirety and replaced with the following: |
“1.8 Commencement
Date . July 1, 2003 (“Commencement Date”), as
to the Original Premises and January 8, 2007
(“Relocation Date”), as to the Relocation
Premises.”
| (3) |
Section 1.9 Expiration Date is deleted in its
entirety and replaced with the following: |
“1.9 Expiration
Date . January 7, 2007, as to the Original Premises, and
December 31, 2009, as to the Relocation Premises. The
Expiration Date as to the Original Premises is also sometimes
referred to as the “Original Premises Expiration
Date”.”
| (4) |
Section 1.10 Term is deleted in its entirety and
replaced with the following: |
“Forty-two
(42) months and seven (7) days as to the Original
Premises, beginning on the Commencement Date and expiring on the
Original Premises Expiration Date and thirty-five (35) months
twenty-four (24) days as to the Relocation Premises, beginning
on the Relocation Date and ending on the Expiration
Date.”
| (5) |
Effective on the Relocation Date, the Basic Rent
schedule in Section 1.11 is deleted in its entirety and
replaced with the following Basic Rent schedule: |
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“Month(s)
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Monthly
Basic Rent |
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Annual
Basic Rent
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7/1/03 – 6/30/04
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$ |
2,404.08 |
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$ |
28,848.96 |
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7/1/04 – 6/30/04
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$ |
2,474.79 |
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$ |
29,697.48 |
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7/1/05 – 1/7/07
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$ |
2,545.50 |
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$ |
30,546.00 |
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1/8/07 – 12/31/07
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$ |
2,339.75 |
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$ |
28,077.00 |
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1/1/08 – 12/31/08
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$ |
2,395.46 |
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$ |
28,745.52 |
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1/1/09 – 12/31/09
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$ |
2,451.17 |
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$ |
29,414.00” |
| (6) |
Effective on the Relocation Date, Section 1.12 is deleted
in its entirety and replaced with the following: |
“Commencing on the
Commencement Date and ending on the Original Premises Expiration
Date, a period of twelve (12) months comprising calendar year
2003 and commencing on the Relocation Date and ending on the
Expiration Date, a period of twelve (12) months comprising
calendar year 2006.”
| (7) |
Effective on the Relocation Date, Section 1.15
Tenant’s Proportionate Share is amended to add the
following at the end: |
“Effective on the
Relocation Date, Tenant’s Proportionate Share of the Project
is reduced to be 0.55% (determined by dividing the Rentable Square
Feet of the Premises by the Rentable Square Feet of the Project and
multiplying the resulting quotient by one hundred and rounding to
the second decimal place.”
| (8) |
Effective on the Relocation Date, Section 1.16 Parking
Space Allocation is amended to add the following at the
end: |
“Effective on the
Relocation Date, Tenant’s Parking Space Allocation shall be
reduced and Tenant shall have the non-exclusive right to five
(5) unreserved parking spaces within the Parking Facilities.
Tenant’s Parking Space Allocation shall continue to include
Tenant’s Proportionate Share of visitor
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