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FIRST AMENDMENT TO OFFICE LEASE

Office Lease Agreement

FIRST AMENDMENT TO OFFICE LEASE | Document Parties: RAINMAKER SYSTEMS INC | OTR, You are currently viewing:
This Office Lease Agreement involves

RAINMAKER SYSTEMS INC | OTR,

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Title: FIRST AMENDMENT TO OFFICE LEASE
Date: 11/17/2006
Industry: Computer Services    

FIRST AMENDMENT TO OFFICE LEASE, Parties: rainmaker systems inc , otr
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EXHIBIT 10.1

FIRST AMENDMENT TO OFFICE LEASE

THIS FIRST AMENDMENT TO OFFICE LEASE (this “First Amendment”), dated November 3, 2006 is made and entered into by and between OTR, an O HIO G ENERAL P ARTNERSHIP , as Nominee of The State Teachers Retirement Board of Ohio, a statutory organization created by the laws of Ohio (“Landlord”), and R AINMAKER S YSTEMS , I NC ., a D ELAWARE C ORPORATION (“Tenant”), upon the following terms and conditions.

RECITALS

A. Landlord and Tenant entered into that certain Office Lease (the “Lease”) dated July 19, 2005, pursuant to which Tenant leased 16,606 rentable square feet of space designated as Suite 400 (the “Original Premises”), located on the 4 th floor of that certain office building located at 900 East Hamilton Ave, Suite 400, Campbell, CA 95008 (the “Building”).

B. Landlord and Tenant mutually agree to amend the Lease to, among other things, expand the Tenant’s Premises by an additional six thousand five hundred forty-three (6,543) square feet of rentable area, commonly referred to as Suite 420, located on the 4 th floor of the Building and extend the term of the Lease for an additional period of one (1) year and three (3) months, commencing on November 1, 2008 and expiring on January 31, 2010.

AGREEMENT

NOW, THEREFORE, in consideration of the mutual covenants and agreements herein and in the Lease, and for other good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, it is hereby agreed as follows:

1. DEFINED TERMS .

Each capitalized term used as a defined term in this First Amendment but not otherwise defined herein shall have the same meaning ascribed to such term in the Lease, and shall be applied throughout the term of the Lease as defined herein below.

2. EXPANSION AREA .

Effective upon February 1, 2007 (the “Expansion Area Commencement”), Landlord shall deliver, pursuant to the terms of the Work Letter attached hereto, the space commonly referred to as Suite 420, located on the 4 th floor of the Building, comprising approximately six thousand five hundred forty-three (6,543) square feet of rentable are (the “Expansion Area”).

3. RENEWAL OF TERM .

Tenant acknowledges that, to the best of its knowledge, Landlord is not in default of the Lease, and that Tenant is in possession of the Premises. The term of the Lease for Tenant’s existing Premises consisting of sixteen thousand six hundred six rentable square feet is hereby amended to extend for an additional period of one (1) year and t


 
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