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FIFTH AMENDMENT TO THE BASIC LEASE INFORMATION AND CANYON PARK TECHNOLOGY CENTER OFFICE BUILDING LEASE AGREEMENT

Office Lease Agreement

FIFTH AMENDMENT TO THE
BASIC LEASE INFORMATION AND
CANYON PARK TECHNOLOGY CENTER
OFFICE BUILDING LEASE AGREEMENT | Document Parties: OMNITURE, INC. | TCU PROPERTIES I, LLC | Canyon Park Management Company, Inc You are currently viewing:
This Office Lease Agreement involves

OMNITURE, INC. | TCU PROPERTIES I, LLC | Canyon Park Management Company, Inc

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Title: FIFTH AMENDMENT TO THE BASIC LEASE INFORMATION AND CANYON PARK TECHNOLOGY CENTER OFFICE BUILDING LEASE AGREEMENT
Date: 4/4/2006
Industry: Software and Programming    

FIFTH AMENDMENT TO THE
BASIC LEASE INFORMATION AND
CANYON PARK TECHNOLOGY CENTER
OFFICE BUILDING LEASE AGREEMENT, Parties: omniture  inc. , tcu properties i  llc , canyon park management company  inc
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Exhibit 10.8F

FIFTH AMENDMENT TO THE
BASIC LEASE INFORMATION AND
CANYON PARK TECHNOLOGY CENTER
OFFICE BUILDING LEASE AGREEMENT

     This Fifth Amendment (this “Fifth Amendment”) to the Canyon Park Technology Center Office Building Lease Agreement and the Basic Lease Information pertaining thereto, as amended (the “Lease”), is entered into effective for all purposes as of the 25 th day of January 2006 by and between TCU PROPERTIES I, LLC, a Utah limited liability company (“Landlord”), and OMNITURE, INC., a Delaware corporation (“Tenant”), having an office at 550 East Timpanogos Circle, Orem, Utah 84097.

Recitals

     A. Landlord and Tenant are parties to the Lease, together with the First, Second, Third and Fourth Amendments to the Lease, for certain office space in Canyon Park Technology Center (“CPTC”) in Orem, Utah, defined in the Lease as the “Premises.”

     B. Tenant desires to expand the Premises to include additional space in the basement of Building G at CPTC.

     C. Tenant also desires to extend the Term of the Lease and amend certain other provisions of the Lease as set forth below.

Agreement

     Therefore, Landlord and Tenant agree as follows:

 

1.

 

Amendment of Fourth Amendment . Landlord and Tenant hereby amend the Fourth Amendment to the Basic Lease Information and Canyon Park Technology Center Office Building Lease Agreement dated May 31, 2005 concerning 432 rentable square feet of storage space (the “Storage Space”) located in G-02. The Fourth Amendment is no longer of any force or effect, and the Storage Space contemplated therein is now part of the Premises added by way of this Fifth Amendment.

 

 

 

 

 

2.

 

Premises . The definition of “Premises” under the Lease is amended by adding approximately 11,065 rentable square feet of space located in the basement of Building G as set forth below:

 

 

 

 

 

a.

 

G-01

 

9,551 rentable square feet

b.

 

G-02

 

1,514 rentable square feet

 


 

 

 

 

G-01 shall be “garden level” space, as set forth below, and G-02 shall be used as a data center. The Premises are shown cross-hatched on the floor plan attached hereto as Exhibit A .

 

 

 

 

 

3.

 

Rentable Area . The “Rentable Area” of the Premises under the Lease shall increase to 102,566 rentable square feet.

 

 

 

 

 

4.

 

Basic Rent for G-01 and G-02 . Tenant agrees that the Basic Rental fee for the Premises added by way of this Fifth Amendment shall be $13.57 per rentable square foot per year, or $12,512.67 monthly, and $150,152.05 annually. Monthly rent for the Premises added under this Fifth Amendment shall be due in accordance with the payment terms in the Lease.

 

 

 

 

 

5.

 

Commencement Date — G-01 and G-02 . January 1, 2007. Landlord agrees that the excavation, installation of the rock wall and construction of the “Garden Level” as outlined in Section 12 and the Tenant Improvements in G-01 and G-02 shall be substantially completed on or before January 1, 2007. For purposes of this Amendment, “Substantially Completed” means the date on which (i) Tenant improvements for the Premises have been completed (punch list items excluded) as per the approved blue prints; (ii) Landlord has obtained authorization for occupancy of the Premises from appropriate governmental authorities; (iii) the alterations and Tenant Improvements installed by Landlord are installed and in good operating order; (iv) the Premises are ready for the installation of the equipment, furniture, fixtures that Tenant will install; and (v) the following items are installed by Landlord and in good operating order: (A) entry ways, hallways and office space on which the Premises are located (including walls, flooring, ceiling, lighting, etc.), (B) heating, ventilation, and air conditioning (“HVAC”) systems, other mechanical systems, utilities and plumbing servicing the Premises, and (C) the doors and hardware serving the Premises: and (vi) Landlord has delivered possession of the Premises to Tenant in similar condition to the previous Tenant Premises.

 

 

 

 

 

6.

 

Annual Increases for G-01 and G-02 . With regard to G-01 and G-02, Basic Rental under the Lease shall escalate $0.425 per rental square foot on January 1, 2008 and on each one-year anniversary thereafter, for the Term of the Lease.

 

 

 

 

 

7.

 

Premises Summary Chart . Notwithstanding anything to the contrary contained in any amendment to the Le


 
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