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EXHIBIT 10.14
Office Lease
Amendment (1921 Gallows Road, Vienna Virginia) commencing
January 1, 2008
THIRD AMENDMENT TO LEASE
THIS THIRD AMENDMENT TO LEASE (the
"
Third Amendment ")
is made and
entered
into this
14th
day
of
May ,
2007 (the "
Effective Date "),
by and between TYSONS INTERNATIONAL LAZA I &
II,
L.P., a Delaware limited partnership ("
Landlord ")
and CONVERA TECHNOLOGIES, INC., a Delaware corporation ("
Tenant ").
W
I
T
N
E
S
S
E
T
H
:
WHEREAS,
pursuant to that Office Lease Agreement dated March 4, 1999
(the "
Original Lease "),
485 Properties, LLC ("
Original Landlord ")
leased to Excalibur Technologies Corporation ("
Original Tenant ")
and Original Tenant leased from Original Landlord the "
Original Premises ,"
comprising approximately 18,691 square feet of total Gross Rentable
Area ("
GRA "),
as more particularly described in
the
Original Lease, and located on the second (2
nd )
,
fourth
(4 th
)
and
seventh ( 7th
)
floors
in that "
Building "
having an address of 1921 Gallows Road, Vienna, Virginia 22182,
such Building being "
Tower
II "
of
a two-building multi-story office and retail "
Project "
now known as "
Tysons
International Plaza ";
WHEREAS,
Original Landlord and Tenant, as successor-in-interest by
merger with Original Tenant, entered into that certain First
Amendment to Lease dated August 1, 2001 (the "
First Amendment "),
whereby the parties amended the Original Lease to expand the
Original Premises to include additional GRA comprising
approximately 1,811 square feet on the second (2
nd )
floor
of the Building (the "
Additional Premises ");
WHEREAS,
the Original Premises as expanded by the Additional Premises
comprised approximately 20,502 of GRA;
WHEREAS,
Original Landlord and Tenant entered into that certain Second
Amendment to Lease dated October 22, 2004 (the "
Second Amendment "),
whereby (i) the Original Premises was reduced by approximately
7,566 square feet of GRA (the "
Returned Premises ")
to 13,172 square feet of GRA (which includes an additional 236
square feet of GRE per Section 4 of the Second Amendment), the
entirety of which is located on the second (2
nd )
floor
of the Building, and (ii) the Term was extended through December
31, 2007;
WHEREAS,
the term "
Premises "
as used herein shall mean the Original Premises as expanded by the
Additional Premises and as reduced by the Returned Premises,
comprising approximately 13,172 square feet of GRA (subject to
adjustment as provided in Section 3 of this Third
Amendment);
WHEREAS,
the term "
Lease "
as used herein shall mean the Original Lease as amended by the
First Amendment and the Second Amendment;
WHEREAS,
Landlord has succeeded to the interest of Original Landlord as
landlord under the Lease; and
WHEREAS,
the parties desire to further extend the Term of the Lease and
to adjust the square feet of GRA comprising the Premises in
connection therewith, all as hereinafter
provided.
NOW,
THEREFORE, in consideration of the foregoing, of the mutual
covenants and agreements
contained herein, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby
acknowledged by the parties hereto, the parties hereby
covenant and agree as follows:
1.
INCORPORATION OF RECITALS
The
foregoing recitals are hereby incorporated herein and made a
part hereof by this reference.
2.
LEASE TERM
Subject
to the terms set forth in this Third Amendment, the Term of
the Lease is hereby further extended for a period (the
"
Second Extended Term ")
of one (1) year and eight (8) months, commencing on January 1, 2008
(the "
Second Extended Term Commencement
Date ")
and ending on August 31,2009 (the "
Expiration Date ").
3.
PREMISES
In
connection with the re-measurement of the Building in
accordance with the ANSI/BOMA
Z65.l-1996
Standard Method of Measurement, effective as of the Second Extended
Term Commencement Date, the Premises is hereby stipulated and
agreed to comprise 14,186 square feet of GRA.
4
BASE RENT
Commencing
on the Second Extended Term Commencement· Date, the
Base Rent payable by Tenant to Landlord during the Second
Extended Term shall be as follows:
Period
Monthly Base Rent
Annual Rental Rate (psf
of GRA)
January
1, 2008 through December 31, 2008 $43,149.08
$36.50
January
1, 2009 through August 31, 2009 $44,449.47 $37.60
Notwithstanding
the foregoing and provided Tenant is not then in default of
the Lease as hereby amended, Landlord hereby agrees to abate
and forgive the payment of the monthly Base Rent for the first
one and one-half (1.5) full calendar months following the
Second Exte
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