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California-Santa Clara-2445 Mission College Boulevard Lease [Amendment No. 6] - Sobrato Interests and 8x8 Inc.

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  • Commercial Lease. Start a state-specific lease for the rental of commercial property. Specify the term and rent due, as well as whether the landlord or tenant is responsible for property taxes, insurance, and maintenance and repairs.
  • Commercial Sublease. When a tenant vacates commercial property before the lease term has expired, it may be able to rent the premises to a third party. The tenant would be the sublessor and the third party would be the sublessee. Besides preparing a sublease, both parties will want to review the provisions for assignment or subletting in the original lease agreement between the landlord and the sublessor.
  • Sublease Agreement. Tenants of residential property should prepare a sublease agreement if they are seeking to sublease a room or the entire apartment or house to a third party. All parties should review the original lease agreement to see if there are any restrictions on subletting or assigning the premises.
  • Triple Net Lease. Triple net leases are a type of commercial leases where the tenant has to pay for property taxes, insurance, utilities, and maintenance, in addition to the monthly rent.
  • Office Space Lease. When renting an office space, tenants should understand the amount of the rent and duration of the lease. Other important terms include whether the space can be subleased, which parties are responsible for maintenance, and whether any furniture and furnishings will be provided.

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                            SIXTH AMENDMENT TO LEASE

This amendment to lease ("Sixth Amendment") is made this 28th day of May, 1999,
by and between Sobrato Interests, a California limited partnership having an
address at 10600 North De Anza Boulevard, Suite 200, Cupertino, California 95014
("Landlord") and 8x8, Inc., a Delaware corporation, which changed its name in
April, 1996 from Integrated Information Technology, Inc. ("Tenant").


WHEREAS Landlord and Tenant entered into a lease dated July 3, 1990, and
subsequent lease amendments dated March 31, 1991, March 22, 1994, December 18,
1995, March 18, 1997 and January 26, 1998 (collectively the "Lease") for the
premises located at 2445 Mission College Boulevard, California ("Premises"); and

WHEREAS effective the date of this Sixth Amendment, Landlord and Tenant wish to
modify the Lease to (i) reflect Tenant's exercise of its Option to extend the
term of the Lease, and (ii) specify the monthly rent and management fee during
the Option Term;

NOW, THEREFORE, in order to effect the intent of the parties as set forth above
and for good and valuable consideration exchanged between the parties, the Lease
is amended as follows:

1.   The parties acknowledge that Tenant has exercised its sole Option under
     Lease paragraph 39 to extend the term of the Lease.

2.   Monthly rent during the Option Term shall be payable according to the
     following schedule:

3.   June 1, 1999 through May 31, 2000:      $84,402.55 per month
     June 1, 2000 through May 31, 2001:      $88,964.85 per month
     June 1, 2001 through May 31, 2002:      $95,808.30 per month
     June 1, 2002 through May 31, 2003:      $98,089.45 per month

4.   The management fee, payable monthly during the Option Term, shall be 1.5%
     of the monthly rent.

5.   All defined terms shall have the same meanings as in the Lease, except as
     otherwise stated in this Sixth Amendment.

6.   Except as hereby amended, the Lease and all the terms, covenants and
     conditions thereof shall remain unmodified and in full force and effect. In
     the event of any conflict or inconsistency between the terms and provisions
     of the Sixth Amendment and the terms and provisions of the Lease, the terms
     and provisions of this Sixth Amendment shall prevail.

<PAGE>   2

Page 2
May 27, 1999

IN WITNESS WHEREOF, the parties hereto have set its hands to this Sixth
Amendment as of the day and date first above written.

Sobrato Interests,
a California limited partnership

By: /s/ [illegible]                       By: /s/ Sandra Abbott
   -----------------------------------       -----------------------------------

Its: General Partner                      Its: Chief Financial Officer
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