Exhibit 10.1.1
FIRST AMENDMENT TO OFFICE LEASE
THIS FIRST AMENDMENT TO OFFICE LEASE
(this “ First Amendment ”) is entered
into as of the 20 th day of June,
2008 (the “ Effective Date ”), by and
between CHESAPEAKE PLAZA, L.L.C. , a Oklahoma limited
liability company (“ Landlord ”), and
PIER 1 SERVICES COMPANY , a Delaware statutory trust
(“ Tenant ”).
Recitals:
A. Landlord and Tenant
entered into that certain Office Lease dated June 9, 2008 (the
“ Lease ”), covering certain space
containing approximately 344,798 Rentable Square Feet located on
the mezzanine and on the 5 th , 6 th , 7 th , 8 th , 9 th , 10
th , 11
th , 12
th , 14
th , 15
th , 16
th , 17
th and
20 th
floors (the “ Premises ”), of the office
building now known as Chesapeake Plaza and located at 100 Pier 1
Place, Fort Worth, Tarrant County, Texas (the “
Building ”).
B. Landlord and Tenant
desire to amend and modify the Lease in certain respects as
provided herein. Unless otherwise expressly provided herein,
capitalized terms used herein shall have the same meanings as
designated in the Lease.
Agreement:
In consideration of the sum of Ten
and No/100 Dollars ($10.00), the mutual covenants and agreements
contained herein and in the Lease, and for other good and valuable
consideration, the receipt and sufficiency of which is hereby
acknowledged, Landlord and Tenant hereby amend and modify the Lease
as follows:
1. Premises .
Landlord and Tenant have agreed to redefine the Rentable Square
Footage of the Premises for all purposes under the Lease.
Accordingly, as of the Effective Date, all references to the
Rentable Square Footage of the Premises being 344,798 square feet
are deleted and replaced with references to the Rentable Square
Footage of the Premises being 357,294 square feet. In addition,
Exhibit A-1 attached to the Lease is hereby
deleted in its entirety and replaced with
Exhibit A-1 attached hereto. Notwithstanding
Sections 1.C and 2 and any other provisions of
the Lease to the contrary, if Tenant and/or any of Tenant’s
employees are charged a fee for access to the fitness
center/workout room (but specifically excluding any fees or charges
that are associated with incidental services or products that are
offered at the fitness center/workout room, including, but not
limited to, charges or fees for personal trainers or sales of food
and beverage products) in the Building (wherever located), the
total square footage of the fitness center/workout room, including
any dressing rooms, showers or restrooms incidental to such fitness
center/workout room, will be removed from the calculation of the
Common Area Allocation factor used to determine the Rentable Square
Footage of the Premises (as set out in Exhibit A-1
attached hereto), and therefore the Rentable Square Footage of the
Premises shall be reduced accordingly. The figures of
“$2,133,586.00” and “246,183” in
Section 3.E are replaced with the figures
“$2,210,892.66” and “255,103”,
respectively.
2. Base
Rent . As of the Effective Date hereof,
Section 1.D of the Lease is hereby deleted in its
entirety and replaced with the following:
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Company |
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First Amendment to Office
Lease |
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