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HomeMy WebLinkAbout0346.092.. .-. - ~ .. / t~ July 23., 1992 HONORABLE CITY COu~CIL PALO ALTO, CA.LIFORNIA 6 TWO-YEAR LEASE AT 209 KA..lIILTON AVE.l'lUE. FOR UTILITY OFFICE SPACE Membe~s of the Council: hport: in Brief This report requests Council approval of a t. ...... o-year lease aqreemant between Hamilton properties (Lessor) and the City of Palo Alto (Lessee) for 4,500 square feet of office space at 209 Ha!D.ilton Avenue, Palo Alto, California, to accommodate 1S Utilities Department statf for approxi~ately two years~ Background During the F'i 1990-91 budget process (CMR: 282: 0), Cannci 1 approved funds far t~elve ~dditional permanen~ employees to the Utilities st.aff as part of a process to upgrade and repair the City's infrastructure systern~ In order to provide space for the addi­ tional employees, staff proposed leasing office space close to City Hall.. On March 12,. 1991 council rejected a propose-C!. 10-year lease of office space at 300 Ha~ilton Avenue as too costly (CMR:163:91). Staff returned to Coun~il on February 24, 1992 (CMR:1Sl:92). with a Utilities Capital Improvement Program (CIP) project that propos~d a buildout of the Civic Center, to create additional office space on the mezzanine and the eighth floors instead of leasing space. In order to proceed with the hiring of the additional staff neces­ sary to begin work on the infrastructure upgrade and repair, staff also requested Council approval of a temporary two-year lease of Office space~ Council approved the concept of the buildout and authorized staff to obtain the temporary office space. CMR,346:92 - -., ---~ ;)illlcu;s1.rul On Ap~il 29, 1992 a lease proposal for commercial office space waS prepared and mailed to .).11 interested parties (see attached Exhibit A).. The proposal requiz-ed that the proposed site to 1:Jeet six minimum criteria. 1) Accommodate UP to 15 utilities Department staff members (appro';.(il'l'latelY 3,000 sq .. ft.}; 2} Comply with current law regardinq access by disabled persons at the couuDencoemerJ"i: of the leasej 3) Have proper heating, vent::ilation an\! air conditioning; 4) Have some natural lighting; 5) Be renovated and ready to occupy by July 15th for a minimum of two j'ears; and 6) Be :!"entahle at a fixed rental rate per-year basis. (The City will not accept any pass-through additional rent payments.) The proposal also req-:.lested infortr,atio:J. on wtlether the building 'Was sprinklered; the presence of any kno~n hazardous or toxic materials on or near the property, as .... ell as 'Whether a study of the existence of taxies had been completed; the number of on-site parking spaces; and information 1:"eqarding t~r,ant improvements~ Four respor.ses were received prior to the May 15 deadline. All four sites meet the minimum requirements: 3600 West Bayshorei 209 namilton Avenu~; 285 Hamiltcn Avenue and 310 University Avenue. Attac~ent 1 is an overview of each of the four response$~ Proposed Leas~ Site 310 University was rejected ou'Cright because of the six-month termination requirement. 'The Utilities Department could not take the chance of not having a leased facility prior to the completion o~ construction at City Hall. 3600 West Bayshore: \o!as eliminated "'hen staff considered the loss of time and the cost of travel for the: engineers to travel to and from City Hall~ That left 209 Hamil ton AV9nue and 285 hamilton Avenue. uti Ii ties Department statf selected 209 Hamilton as the site that best suited the city's needs. The site meets all of Utilities Oepartment requirements, and the lease has an option to extend if construction delays OCcur. It is close to City Hall, and the o~ners ~ill agree to provide more space at a relatively lo .... er per-square-foot rate 'lJith r.o unforeseen CMR:3<6:92 2 - charqes. In order to comply with the requirements of the Americans with Disabilities Act {kDA), the Owners have also agreed to provide an elevator and engage in rest rocm ::r.odifications at no cost to tile City. A summary of the major lea~e provisions (Exhibit B) is attached to the propo~ed t~o-year leas2 (Exhibit C). EnvirOnmental Impact Assessmect This lease represents continued use of an e){istinq facility; therefore, it carries a Class I existing facility exemption from the requirements of CEQ~. Btaf~ ReCOmmendation Staff recommends that Co~ncil authorize the Mayor to execute the att.:tched two-year lease ""ith Hamilton Properties for the leased premises Bt 209 Hamilton Avenue, Palo Alto, California. Respectfully sI"bmitted, Wtl£iL<n.,jt~ J 4(;,v-- WILLIAM W. Fti.r.MAN Manager, Real property ~ Exhibit A: Exhibit B: Lease proposal fOL Commercial Office Space Major Lease Provisions E><hibit c: Proposed Two-Year Lease -209 Hamilton Relate~ Staff Reports: C!'IR:183:0 CMR:282:0 CMR:163:91 CMR:206:91 CMR:151:92 CHi!:,346:92 3 L I I \ \ ! 1 size (square feet) Monthly Rental Ra~e }l.mericans With Disabilities Act Sprinkl@red On-Site Parking Any Xnown Hazardous Materials Toxic study ~~nt Improvements Is OWner Willing To ~ortize Cost of Improvem~nt.s Other --- CMR:J46:92 3600 West Bayshore :'1.000 $5,700 Yes Yes Yea 1'10 Yes $25 per s.f. Yes Not as accessi .... ble to City Hall Attaclua.nt 1 209 Hall\11ton Appro'l'. 4,50(} $6,000 WiU Be Yes "0 1'10 No - None - Yes Willing to ex- tEInd th(! lease tel"ln to HCcomm- odate City Hall construction delays 4 285 110 Ham.ilton University 3,]J9 3,000 ~ $6,010 $5,250 Yes Y"s - Yes No No No tlo No , --No , --j None :None --< , Yes 'leG i Provides a two-conta.lns a 6- year Bublease lTIonth term in- with no exten-ation notice siona Jat any time dut"inq the 2- year term of the: lease ----. ---- o ) " ,I i i \ j j i ! , .' lit,p of Talo 'Hlto REAL EST~T.B DIVISION <15/329-2<72 April 29, 1992 EXHIBIT A Re: Lease Propo~al for Com~erci31 Office Space The city of Palo Alto j,s ~nterested in le~sing approxima~ely 3,000 sq. ft. of commercial office space within close prQxi~ity of 250 Hamilton }I.venue (City Hall). The 5pace ..... 'ill be used by 15 utility staff members for a mini~um of t~o years. Each staff person will require approximately 125 sq. ft:. The office spact:! can be divided by temporary parti t ions or-exist illq p>2rc,dnent ",'aIls. T!le estimated space braakdO'. ... n is as follC:J·.~·S: 15 offices ~ 125 sq. f~. Conference Roo~ 10x2a stcrage/Files Arsa 10~lC Copi@:r/Fax Receptivfl area, halls, etc. ~pproximate Space Required XINIXUM CRITERIA 1875 :200 100 50 _'7S 3,COO sq. ft. The City will not consider lease proposals ~hich do not meet the following minimum criteria. The leased sit~ ~ust: 1) acco~nodate 15 ~tillty staff (approximately 3,000 sq.ft.) 2) meet the cu~rent code requirecents for ~ccess by disabl~d persons at t~e commenceren~ of the le~se. 3) have proper heatiDg, ventilation and air conditioning. 4) have some natura 1 1 ightitlg, i. e., ·",'ir·::10·,.'5, sky lights. 5) be rencv~ted and ready to occupy by no later than July 15, 1992 for a mininurn of two years. 6) be rentable at a fixed rental rate per year basis. (The City will not accept any pass through additional rental payments.) The City of Palo Alto ~il1 net pay real estate co~rissions. ATTACHMENTS/SUBMITTAL FORJoIjLEASE TERMS All lease propoEals ~GS~ be sub~itted in ~riting and the details inCluded on the attached submittal Focm ~'hich must be fully completed. All 'Sub:':1issions ~u5t be:'! delivered to 250 Ha-:rdlton Avenue l ~ level, Real Estate Division. Submissions will :be accepted Until 3pm, May 15, 1~92. - ,~ In the ~vent the City chooses ~o l~ase a pa~t~cular site, all of t!'1.e City's Lease Terms must be incl:.lded in a lease agre£mer.~. All lease terms and conditions ar-e subject to the Palo Alto City council's final revie;"t and approva I. SELECTION CRITERIA The pri~ary criteria on ~hich the City will base its decision to lease a particular site ",'ill b.~ 1,1 3 fllli service rent; 2) the site's proximity to City Hall, 3) con~ition of th8 site, including its amenities, a~d 4) tenant improvements allowances. The landlord should. provide all ja;;j torial services based. or: a level of service set forth in Ule Lease Terms docu1':1ent. The cost. e! the service may be reflected in the rental rate. If there is hO other alternative and the City has to provide i~5 o~n janitorial services, the City will add twenty cents (.20) per sq. ft. per month to the sllbmittal for compar-is':.n purposes. Questions regarding this soli~itation should be directed to Bill Fellman (415) 32-9-2472. Th;;,nk 1'()U for you!' attention to this matter. I look fon,lard to hearing fro::,: you. Sincerely. Attachments: AfAu:,sI A n: ~,lJTPROS Submittal Form Lease Te::-ms "": o SUBII-mTAL FORM Wct.: A scaled floor plan of the lea •• apace ayat be .tt.ch.4~ Date: Property: Addreas: _____________________________________________ __ Assessor's Pa.rcel No: ________ _ Zoning: _______________ _ Total sq. ft. of bldq: _________ sq. ft. ct proposed space: ___ __ Special office features, if any (eq: common meeting roo:a) : _____ _ Are the premises accessi'ble to handicapped individuals? Is the building currently sprinklered? _____________________ _ Number of available cn-si~e parkinq spaces : ____________ _ Are there any known hazardous O~ toxic materials located j~# on# or about the property? Has .e: taxies study been completed? __________ If yes, please provide a copy. What: is the triple net rental rate? What is the tenant improvement allowance per sq. ft.? ______________ _ Is the owner 'Willing to construct any city improvements and amortize the c~st of the improvements as part of the lease payment? ,7.~0,:~}:":";",; .. ,,, .•.... '?" .. !IiI •.•...• , ....... ',,: :l<1li1"'."""_.:'-": ;4>:""_'>'~-r;·_ ",-, :~,,:;~ L . -':. ':":.:' • •. : - o LEASE TERMS city of Palo Alto, a municipal corporation: PONlllMmpgprr The Lease Agreement shall commence ypon: • Full execution of the Lease~ • Completion tlf tenant improvements and all pl.mch list items. • Issuance of an occupancy pe~it. • Thorough cleaninq of the premises. • Occupancy of the pre~ises by the City. After the language and terms have been ~greed up¢n by staff, and the lancUorcl has executed the lease, it will be placed on the agenda for consideration by the city Council. The Mayor is the only individual with the authority to sign a lease ~greement for the City. Upon full execution of the lease, the landlord shall begin the construction of tenant improvements, if any. The city does not recommend that the landlord begin such construction until the lease has been fully executed. Therefore I should the landlord commence construction prior to lease execution, it must be understood that such action shall be at the landlord's own risk and expense. Upon completion of construction, the landlord and city shall conduct a "walk-through-for the purpose generating a "punch-list-. The punch list items shall be cured prior tv occupancy. The landlord shall clean the premises (see janitorial specifica­ tions) prior to the City's occupancy. Upon full and satisfactcry completion of the above requirements, the City shall occupy the premises. * Rent shall be paid in advance. ,. The rental rate shall be annual fixed rental over the term, with increases based on consumer price index. * Rent for a partial month shall be prorated based upon the actual number of days in the month owed. * Holding over s.hall be month to month, up"=,n the same terms, cQv$nants and conditions. LEASE TERMS PAGE 2 liD EliS ES !ltiliU •• , The landlord shall pay for all utility expenses to the property and common areas, including, but not limited to, gas, electricity and water. The landlc-rd shall pay for all taxes and assessments to the premises and common areas. In8ur&ll c.: The City is self-insured and shall provide cover~ge for its own contents. XD4eaDi~ication: Mutual in~emnification is required. Telephone: The City shall pay for its telephone services. G.rbaq.~ The landlo~d shall pay for all garbage re~oval. P ••• '1"b.rOughs: The City does no~ pay expense pass-thrcughs or additional rent of any type. The rent over the term must be certain a~d definite $0 that all costs can be anticipated and bUdgeted. Tenant's maintenance responsibilities include: * Plumbing on premises Repairs of tenant caused dama~e .. Glass Rep~irs to windows broken by tenant or invitees Landlord's maintenance responsibilities include: .. Structure * Roof "~t~}y; _/c --,"C "':", -"'~ , i\ I I - r-, -- LEASE TERMS .. Plumbing Unless Ci result of tenant negligence " Electrical Ballasts, bulbs repairs • Heating, ventilating and air-conditioning P~riodic maintenance , filter cha~ge6 Periodic bal.=!ncing Repairs .. Code compliance Fire Building Health * Pre-existing contamination * Glass Unless a result of tenant negligence * Floor coverings * Fire extinguishers * Parking lot Repairs Periodic cleaning .. Landscaping Weed abatement * G~rbage removal .. Pest and rodent control 'LABS AND sllCIvrCATIOHB PAGE 3 * The City viII not directly pay for tenant improvements; thel'"E'fore all tenant improvement costs shall be reflected by the lease rate. * The landlord shall provide the City with space planning services for the proposed site. " The City shall have prior a?proval of all Plans and Specifications. * construction drawings and specifications, if required, will be attached as an exhibit to the lease agreement. • City and landlord shall conduct a ftwalk through" for the purpose of developing a "punch list-. All punch list items shall he c~red prior to City's occupancy. it A construction schedule, if required, shall be agreed upon. * One day's free rent shall be provided for each day the construction schedule is delayed, and the term shall be extended by the same number of days and other penalties may apply for late cO!r'.pletion of construction .. .. Upon completio.n of City improvements, the landlord shall provide the tenant with "As Built" plans of the premises. In the event that tenant improvements are not required, the. landlord shall provide the City with its most -As Builts". - ".>~ , <.,-. LEASE TERMS PARB 4 The landlcrd should provide all janitorial services and supplies. prior to OCcuPaDey: A thorough one-time cleaning whicn includes all of the specific~tions found belo~ must be dona prior to the city occupying the space, lIaily, ~ DUst all furniture, counter.s, cabinets and window sills * Vacuum all rugs and carpets * Damp mop all vinyl floors * Empty all ash trays and wa5teh~skets * Remove all spots and spills from rugs and carpets * Clean and sanitize the entire area of the restrooms * Clean entry aoors and lobby windows * Sweep sidewalks and halls • Replace toilet paper, p~per towel, sanitary napkin, seat cover and soap dispensers * Rep~ace light bulbs, tUbes, ballasts and starters * Replace cleaning products •• eltly, • Clean interior and exterior of all lobhy windo~s • Dust all window blinds Xo"tllly. * Spray buff all vinyl floors Quarterly. • Strip and vax all fl~rs ~ Treat all rugs and carpets for anti-static control (if not bUilt-in) 'l"Vic. Yearly; wash all: • * * • • Yearly, • Interior and e~terior _indo~s Window blinds HVAC vents Light fixtures Walls and painted surfaces steam clean all rugs and carpets ,j,:, ' - o LEASETERMS 1'1005 5 The landlord sltall provide a lI-ritten schedule to the tena.nt indicating the dates on which periodic services ~ill be provided and writ'ten notice sh.all be -.liven to the. City at any time the schedule will be altered. The City may provide: any janit.oria.l services and supplies which landlord tails to provide, after three days no~ice, and deduct the cost from the rent. I:!!.AUlSfATE,IItltD..sn - Ienant: Premises: Landlord: Maintenance and Janitorial: uti 11 t i .s> ~ssi9nlTJe.nt ~~_M. Subletting: R[l[,I,S[S. SlUT I LSPJ o EXHfBITB lEASE SUMMAR; 209 HAMILTON AVENUE Hamilton Froperties City of Pale Alto 209 Hamilton Avenue, l/l of the 2nd floor (east ,ide) 2 years with two 6·montn optlon5 aJ b) Base rent of $6~OOO.OO p~r month. CPI adjustment for-2nd year. landlord sna.ll furl11sh ele\lator and make one restroOl'l! handicap accessible. T";5 faciiity is a full service faci1ity. Maintenance and janitorial are provided by the landlord as part of tne rent. Prop:erty taxes are included irl ttle monthly ;oental as part of this full ser ..... ice faciiity. Landi ord \OJ] I furn ish all ut i1 it i es as P' rt of the full service facil1ty. City must ~ave landlord's permission to assign or sublet any portion of the premises. o \ \ , o?ft~. SP~CS ~ • • 1I~SlI ~~TO~ p~ap1l~~~S~ JlIf> C'~ aT p~~ ~TO - o TABLa OF CONTZ'!lTS },.rticle 1 Definitions. Article 2 Ten:! Article ) Demised Premises Article 4 Uses and Limitations Article 5 Rent Article 6 Security Deposit Article 7 Taxes and AssessI:lents Article 8 Altera.tions and Irnpr-ovements Article 9 Mainter.ance and Repairs Article 1~ utilities and Services Article 11 Insura!1ce Article 12 Indemnity Article 13 Waiver Article 14 Quiet Enjoyment Article 15 Rules and Reg'"oJlations Ar-ticle 16 Assignment and Sublease Article 17 Surrender and Abandonment ArticltS! 18 Condemnation Article 19 Damage and DestructiDn Article 20 Compliance with La", Article 21 Default and Remedies Article 22 Entry by Landlord Article 23 Notices Article 24 Tenant's Certificate Article 25 Subordination Article 26 Miscellaneous Provisions Exhibit itA-- Exhibit -B n - Exhibit "C" - Exhibit "'D" - Premises Floor Plan Rules and Regulations Janitorial Services Confirmation of Commencement Date • 1 2 l 4 5 6 6 7 9 9 9 10 11 11 11 12 12 12 13 14 14 15 15 16 16 • 17 - o OFFICI SPACE LEASE This Office Space Lease~ dated J~ly 27, 1992, is entered into by and between Hamilton properties and the city of palo Alto. UCITALS WHEREAs, on April 29, 1992~ the City of Palo Alto issued a request for proposals for office space in Palo Alto tor certain employees of the city of Palo Alto Department of V~jlities~ and WHEREAS~ Hamilton properties submitted a lease proposal which the City's staff has determined meets its office space requirements; and WHEREAS, the Council of the City of Palo Alto has determined that the execution of an office space lease w'ith Hamilto:l properties will best serve the short-term office s.pace ueeds of the city's Department of Utilities; NOW, 'l'HEREFORE ~ in conoitions, covenants and other Lease, the parties agree: consideration of thE terms, provisions ~f this Office Space Article 1 -D8~initions The ~ords and phrases as used in thi~ Office Space Lease shall have the follo"Wing meanings, unless the context clearly indicates otherwise: "Anniversary Year" means a pe~iod of twelve (121 consecutive calendar months, whetner or not all twelve (12) calendar months fall within th-e same calendar year. The first day of tbe first ~:iversary Y~ar shall coincid2 ~ith the Commencement Date. "'Business Day" means any calendar day except saturday, Slmde:y, and any ot.her day observed as a holiday by the city of Palo Alto pursuant to PAMe Section 2~OS.lOO. "Improvement" means all.y addition~ alteration, betterment, construction or improvement to the Premises or the Building, or any part thereof~ "Landlord" means Hamilton Properties,. a california partner-ship having as its partners the following individuals: Donald Mullen, Carol Mullen# Meyer Scher, and Hannah Scher. "La.,," means any judicial decisioTI J statute, constitution~ ordinance, resolution, regulation, rule, administrative order I policy, or other req'uirements of any federal, state, county or municipal or other governmental agency or authority having jurisdiction over the parties or the Building or premises, or both, 1 -- , ",,.! ~",;:,{~ ... ;' "., - in effect either at the time of execution of this Lease or at any time during the term of the Lea~e, including, without limitation, a~y regulation or order of a quasi-official entity or bodY4 WLease" means this Office Space Lease. ~PAMC" means the palo Alto Municipal Code. "Person" !Deans an individual, a corporation, a partnership, a joiTl_t venture, and other form of business association. "Provision" ~eans any term; agreement, covenant, condition, clause, qualification, restriction, reservation, or other stipl.llation in the Lease that d~fines or otherwise controls, establiEhes, or limits the performance required or permitted by either party. All Provisions, ;.rhether covenants or conditions, shall be deemed to be both covenants and conditions. ~Taxft means any assessment, license, charge, fee. impcsition or le .... 7 imposed by any governmental body. "Tenant-means the city of Palo Alto, a muni~ipal corporation of the state of California. 'IITenant Improvements" means any Ir.provements existing on the Premises at the Commencement Date and any other Improvements which may be constructed on the Premises by Tenant ~r by Landlord for the benefit ot Tenant. "Tenant Property" means all of Tenant's personal proper-ty, including, 'Without limitation, furnishings, trade fixtures, and equipment. 2.1 This Lease shall be binding en the date of its approval by the Council of the City of Palo Alto as first above set forth ("Effective Date~). The term of this Lease shall consist of a basic term and, at Tenant's option, two extension terms. 2.2 Unless sooner terminated purs~ant to the Provisions of this Lease or unless the Lease is extended as set forth herein, the basic term shall be for a t .... 'o-year period commencing on the day the parties agree in 'Writinq that, pursuant to Article 8 t~ereof I Landlord has comple_ted the following Tenant Improvements and has undertaken the commencement of construction of such other Building Improvements (~Commencement Date~) as follows: Ca) The completion of construction of 13',11 Tenant Improvements and Tenant's approval of the same as more particularly set forth in section 8.3; (b) The completion of construction of the elevator -shaft extending from the first floor to the second floor of the Building; and 2 I • • '. - _ ',--''''-''("",' (e) The completion of wall cuts and i."stallation of temporary boardin~ of such wall cuts for three (3) windows in offices ~ithin the Premises. The COilllDencement Date shall be parties, and such confirmation Exhibit "D~. confirmed, shall be in writing, by the 3tt~ched hereto as 2.3 The basic term may be extended by Tenant for a maxi~um of two (2} con~ecutive six-month terms, commencing the Day after the basic term expires, provided, however, Ten~nt shall give Landlord 12.0 days I prior writter, notice of its inte1";t to extend the basic term or the first extension term, as applicable. 2.4 Tenant shall not take possession of the Premises, unless and until Landlord has completed all Tenant Improvements and such other Improvement'S as Landlord has agreed to construct before Tenant is -.... ,ligated to take possession, provided, however, Landlord shall perL. ~ Tenant to en~er the Pre~ises ~ithin thirty (30) d3ys of tbe anticipated commencement Date in order to install all reasonable and necessary utili ties, Ten.ant Property, and other items in preparation for Tenant·s taking of the actual and full possession of the Premises. 2.5 If Tenant, with Landlo!'"d's consent, remai.,s in possession aft.er the r.,eaE·e expires, Tenant's occupancy shall bs deemed to be on a month-to-month basis, and Tenant agrees to pay rent dUring such holdover in accordance with the terms and conditions of Sec~ion 5.3. 2.6 The parties agree that if exclu6ive possession of the Premises i~ not granted within 180 days after the Effective Date, Tenant, at its opti~n, may decla~e this Lease null and void and Tenant shall not be liable to Landlord for rent O~ any other payment under this Lease. Article 3 -Demise4 pra.ises 3.1 The demised premises and all appurtenants thereto consists of Suites ·A~ and RB" of the second floor ,-Premises") of a 27,000 qross square feet two-story building structure (·Buildinq") located at 209 Hamilton Avenue in the city of Palo Alto, county of Santa Clara~ state of california (As$essor's Parcel Number 120-2S-074): the Premises Floor Plan is attached hereto as Exhibit ·Aw~ The total area o! the Premjses is warranted to be not less than 3.500 square feet, and shall contain operable windo~·s. kitchen fa.cilities, including electrical connections stubbed to the wall J a conference room and skyligllts W'ith airtight seals. 'The Building includes the common areas ,"common Areas") of the Building, ~hich are not a part of the Premises but are provided and de.siqnated by Landlord for the general noneXClusive use of all tenants and their invitees, including, 'Without limitation, the restrooms, hallways, lobbies, ccrridors, stair"'tays, entrances, elevator, sidewalks, and driveways. 3 mID 1.Vll. 001C1UI , ~ ,~ .. :. :L:;.,-. - 3.2 Landlord shall deliver t:!".e PreZ!lises to Tenant in its -as is· condition, provided, hOIJever, prior to the COlnl!lencE!nlent Date, pursuant to Section B~3, Landlord ~arrants that th~ carpets of the Premises shall be cleaned, patched and repaired to a good and new condition and the ~al1s shall be patch&d and painted at Tenant' 5 cost and expanse. Except as othenris~ provided herein, Tena:1.t hcrebj... accepts the Premises, the Common Areas and the Building (collectively, "Project N ) in their existing condition on the commencement Date. 3.3 Landlord represents and .... arrants. and Tenar:t~ in reliance thereon enters into this Lease on condition that, the electrical. plumbing, !igh~ing~ air conditioning. and heating and other RVAC system components is in compliance -wrolith applicable Law and shall be fully operating within the Project on the Commencement Date and. contir:uously t}'jereafter during the term of this Lease, that the Project is tully sprinklered and contain a sufficient quantity of fire alarms and/or smo'ke detectors, that the Project contains no asbestos or asbestos-containing materials which would pose a: threat of harm or ir.jury to any person, that there are no knovm hazardous cr toxic materials located in~ or:; or about the Project to the best of Landlord1s knowledge, and that the Project shall be fully acc~ssible to persons with disabilities in compliance wi't;h the requirements of tl'.e Ame.ricans ... ·ith Disabilities Act of 1990 at the Co~ncement Date. 3 ~4 Landlord further represents that there is no on-site parking facilities that is dedicated to Project occupants. J.5 Landlord 'Warreants that, promptly after the Effective Date, Landlord, at its sole cost and expense, shall arrange for the construction of an elevator shaft in the Building and three wall cuts for three (3) windows in an office or offices within the Premises. The complete installation ~f the elevator and the three (3) · .. lndows shall be perfonned at Landlord'S sole cost and expense. The completion date of such construction and installation __ ill occur no later tndn on October 1, 1992. If such construction and installation is not completed within 18C days after the Effective Date, Tenant, at its option and without liability t,o Landlord, may ele'.::t to notify Landlord t.hat Tenent deems this Lease null and void ~hirty (30} days after service of such notice upon Landlord. 3.6 Tenant shall keep the Premises and t~e Buildinq in which the Premises are situated, free from any liens arising out of any work performed, materials f~rnished, or o~ligations incurr@d by Tenant. Artie1e • -Uses and Limitationa 4.1 Landlord hereby leases to Tenant, and Tenant hires from Landlord, the Premises for general office space purpos~s, and for no other purpose. The use of such Premises shall include the following nonexclusive rights: use of the restroom facilities~ the right of ingress and egress, the ri0ht to construct, install, use and maintain any Tenant I:mp~ .. ovements and Tenant property, and the 4 L ~: . '. - use of the sidewalks and dr-ivews.ys and the areas directly beneath or ab::.ve such sidewalks and driveways adjacent to the Bt:ilding. 4.2 Tenant sh311 not commit, or sl.lffer to be committed, any 'Waste upon the Prem.l.scs, or any nuisance, or other act or thing which ~ay disturb the quiet enjoYEent cf any other te~ant in the BUil~ing, or allow the sale by auction upon the Premises, or allov the Premises to be used for 15ny improper, immoral, unlawful or objectionable purposes, or place any loads upon the floor, walls or c~ilir'<3s 'Which endanger the B\;ilding structure, or place any harmful liquids in th.l3! drainage system of the Building. Nc waste materials or refuse shall be dumped upon or permitted to remain upon any part of the Premises outside the Building. No materials, supplies .. equipmE":ot, finish-cd products or semi-finished pI'oduct.s, raw materia: . or articles cf any natl:ire shall be stored upon or be permitted to remai~ on any portion of the Premises outside of the Buildinq. Article 5 -Rent 5~.l Durir.q the first Anniversary 'lear of the basic term, Tenant shall pay as rent on a monthly basis in advance the sum of six: thovsand dollars ($6,000). During the second Anniversari Year of the basic term, Tenan~ shall pay as rent on a monthly basis in advance an adjusted amount, which in no event sh~ll be less than $6 j 000 per month, ,~s follows: The base for computing the adjustment shall be the Consumer Price Index [All Urban Consumers] (base year lS82 -1984 = 100) for the San Francisco-Oakland-San Jose CSMA published by the united States Department of Labor, Bureau of Labor sta.tistics (-Index"). which is publi~hed most immediately preceoing the date the second Anniversary Year commEnces (-Extension Index"), shall be compared with the Index published most immediately preceoing the Commenceme .. lt Date (IiBeginning Index") ~ If the ExtE'.nsion Ind€x has increased over the Beginning Inde}(, the monthly rent payable auring the second Anniv~rsary Year shall be set by :onultiplying the sum of s.ix thousand dollars ($6~ 000) by a fraction, the r.umerator of IJhich is the Extension Index and the denominator of which is the Beginning Index. landlord shall give Tenant 'Written notice of the rent paya.ble for the second Anniversary 'lear. If the Index is changed so that the base year differs from that used as of the month most immediately preceding the Commencement Date, the Index shall be convert.ed in accordance with the conversion factor published by the United States Oep~rtment of Labor. Bureau of Labor Statistics. If the Index is discontinued or revised during the term, such other governmental inde~ or computation with which it is replaced shall be uGed in order to obtain substantially the same result as would be obtained if the Index had not been discontinued or revised. 5 910723 I~ 001'0'22& ,-', ~/i L 5 . .2 During th~ '9xtc::nsion terms, Tenant sh'"J.ll pay as rent on a monthly basis in advance the sum of seven t,hoU51'l1nd dollars ($7,000). 5.3 In the event Tenant holds over after the basic term l the ~onthly rent payahle in advance shall be equal to one hundred fifty percent (150'J ot the monthly rental payable by Tenar.t immediately preceding the month in -which Ten~r.t holds over. 5.4 Landlord r~l'rezel"l.ts and warrants that payttent of rent shall include the pay.nent of all operating expenses incurred by Landlord with respect to sud'l. Premises and Tenant's allocable portion of su~~ operating expens~s with respect to the Common Areas and the Building4 These operating expenses shall include, ~ithout limitation, costs tor the operation, re.pair, maintenance, and replacelUent in ne.at. clean, sate, and good condition ot: th.e Project, the disposal of trash, janitorial services, ",ny other se.rvice to be provided by Lan~lord that is declared in this Lease to be an "operating expense, n the cost of premiwrts for the liability arld property insurance policies to be maintained by Landlord on the Project, the amount of real p~operty taxes to be paid on the Project and the real property on 'Which such project is located, the costs of utilities (water. elec't.ricity, gas, selorier, and other publicly mandated utility services to the Project) as set forth in Article 10, the salaries, ~ages, and other fringe benefits and costs, ~aterials, anc Guppli&5 used in maintaining the Project, the replacement and/or addition of any I~provement mandateu by any governmental agency and the replacement and/or addition of any eq'lwlipment. Landlord 'Warrants that the costs of installing the eleYator shall be at Landlord I s sole cost and -expense and shall not be included in the rent payable by Tenant. S.5 On or before the first day of each successive calendar month of the basic term~ commenci~g with the Commencement Date J Tenant shall pay rent to Landlord as set forth herei~. Such rent shall be payable in la.'ful mClney of the United states to Hamilton Partners to the address set forth ~n Article 23 or to such person or at such place as Landlo~d rodY designate from time to time in writing. In the event that any Anniversary Year, O!: part thereof, of the basic term or extension term does not commence on the first day of a calendar ~Qnth or does not terminate on the last day of a calendar month, thE: payment of rent for such partial calendar month shall b~ prorated en the ba3.is of the actual n\l'mber of Qays in such partial calendar month. ~ticl. 6 -security Depoait 6.1 At the Commencement Date, ,!'enant st'.all deposit with Landlord a security deposit in the amount of six tho~sand dollars (~6/000). Upon payment of such deposit, Landlord shall provide to Tenant's rea~ property manager one set of keys to each of the Premises and the B-:Jilding, and Tenant~ at its cost and expense. shall be entitled to duplicate, or Landlord shall dupl ic:atE: for Ten~~t, fifteen (15) seTS cf keys to the Premises and the Building. 6 L - o '41 Latldlord shall p-"y all real prop.erty taxes, assessments and insurance costs applicable to the Premises during the term of this Lease, and such taxes, aS6essm~nts and costs shall be dee~ed includtble in the rent paya~le hereu~der. 7.2 Tenant shall pay~ prior to delinquency, all taxes as~essed against and levied ~pon Tenant property situated ~ithin the Premises. When possible, Tenant shall cause its Tenant Property to be assess-ed and billed separately from the real property of Landlord. If any Tenant Property is assessed with Landlo~d's real property, Tenant shall pay to Landlord the taxes allocable to Tenant Property ~ithin ten (10) Business Days after receipt by Tenant of a written statement setting forth the taxes 4ttributa~le to Tenant Property. Tenant shall pay for all business licenses and taxes incurred in the operation of Tenant's business on the Premises. Tenant shall also pay any city of Palo Alto tax or assessment levied or assessed against tenants in the city of Palo Alto. 7.3 Tenant shall be the owner during the t~rm of any Tenant Improvements i~stalled at Tenant's expense, and any such Tenan.t Improveme.nts shall be. entirely assessed to Tena.nt for pr-operty-tax purposes. If any such Tenant Improvements are assessed with Landlord's real proper~y taxes, Tenant shall pay to Landlord the taxe~ allocable to Tenant Improvements within ten (10) Business Days after receipt by Tenant of a written statement setting forth the taxes attributable to Tenant Improvements. Tenant shall be entitled, upon request, to receive from. Landlord a 'Written oetet"lDination of the method of allocation of Landlord ts t~xe6 to Tenant Improvements_ Tenant shall not remove from the Premises any Tenant Improvements, unless Landlord requests such removal, and 6uch removal shall be undertaken at Tenant's cost and Gxpense~ 7.4 Nothing in this Article shall be construed to prohibit Tenant from contesting any such le~~ or assessmen~, and, if Tenant should so cor:test'J Tenant I S oblig3ltion to pay such tax or assessmont shall during the period of c.ontest be temporarily suspended. Articl. 8 -Alt~rations and raprovemente 8.1 Tenant shall not ~ake. or suffer to be made, any alteration or addition to the Premises, or-any part thereof, without the written consent of Landlord first had and obtained by Tenant, but at a cost of Tenant~ and any addition to, or alterations of, the premises, except Tenant Property, shall beco~e the property of Landlord at the e.xpiration or sooner termination of the Lease. 8.2 placed in, on conditioning, Tenant shall retain title to all Tenant Property or about the project. All heating, electri~al, a,ir partitioning, drapery and carpeting installations 7 ~-I , ! , --..! ~ ~ i ~ade by or for Tnnant, together ~ith all personal property that has becollle an integral }.Iart of the Bi..i.ilding j srlall be and become the property of Landlord upon the expiration or sooner termi~ation of the Lease, and such personal prcperty shall nat be deemed Tenant PropertYr except as may be now or hereafter agreed to by the parties. Tenant agrees th.a:t it will not proceed to !nake such alterations or additions, having obtained consent from Landlord to ao so, ~hich L~ndlord agrees to not unreasonably ~ithhold, until two (:t) days from the receipt of such consent~ in order that Landl.ord may post appropriate notices t.o avoid any liability to contract.ors. or material suppliers for paYl!lent of Tenant Improvements. Te~ant will ,3.t all times permit such n:;)ticE's tc be posted and to remain posted until the completion of work. 8.3 Le.ndlord shall construct sLlch Im.provements requested by Tenant, and Tenant agrees to pay for the costs of such Im.pc-ovements~ 'Which Landlord represents 'Will net exceed twenty thou&o!md dollars ($ 20~OOO), pro:rnptly upon 'Tenant's approval of the cC'mpletion of such Improvements as set forth herein. Landlord agre-es that there is no maximum dollar amount established for the Tena.nt Improvement allowance. The. I-mproveme:'l.ts requested by Tenant herein shall include: (a) Opening of tt,e wall between the storage room and the adjacent space and removal of the shelving on the wall of the storage room; (b) Covering of the cables and electrical outlets in the room adjacent to the kitchen; (c) Install three (3) windows of a size similar to o'ther windows located 'Within the Premises in an office or offices as determined by Tenant at IS cost not to exceed S1 1 000 per window; (d) Cleaning of the carpets and the patchi~g and repairing of any da!!",aged areas of the: carpet.s. (e) patching and painting of all interior 'Walls. Landlord agrees to install, at Tenant's cost and expense, any other Improvements requested by Tenant and approved by Landlord, which approval shall not be unreasonably withheld. 8.4 Upon the completion of construction of Tenant Improvements, Landlord and 'I'enant shall conduct a final inspe?t~on for the purposes of generating a pllnchl ist ot all rema~n~ng Improvements to be completed prior to ~enant's taking full possession of the Premises~ Any sLlch punchlist items shall be completed by Landlord not later than thirty (30) days after the date of final inspection. 8.5 Landlord represents and warrants that the elevator shaft and the three (3) office windowG 'Within the Premises, the construction of ~hich will be commenced by Landlord or its agents 8 or CQ41t:rac~ors prior to the Commencement Date, shall be fully installed 3fter all appropriate ceviews, permits and approv41s have been obto!:l:1ned but in no event shal~ the completion of such installation occur l~ter than OctobEr 1, 19~2~ 8~ 6 At the expiration or earlier termination of this Lease~ Landlord, at its option and upon written notice ~o Tenant, may require Tenant to reinstall the wall between the st~raqc room and the adjacent space, or Lar.dlord sna!l perform s~ch I~r~ove~ents on ~ehalf 0: Tenant at Tenant's sole cost and expense. 9.1 Landlord shall, at its sole cost and expense, keep and l!laintain the interior of the. Premises in good And sanitary order, condition and repair, subject to r~a6onahle vear and tear. Tenant expressly waives all rights to make repairs at the expense of Landlord as provided for by Lay in effect on the Effective Date or any amenOlllent thereof or-al"ly lAw hereafter passed dl.lr inq the term of this Lease. 9.2 Landlord agrees to maintain the Project. including the Preudses, and provide janitorial services to the Premises and the other parts of the Project, as more fully set forth in ~~ihit ~c~, and repair the exterior walls of the BUilding and the roof and other Project structural features, providing that Tenant installs no additional air conditioning or other equipment on the roof that damages the roof or roof structure. All costs incurr~d by Landlord bereunder shall be deeDlea part of the operating expenses includible in the rent charged hereunder to Tenant~ Article 10 -otilitiea and services 10.1 Landlord shall pay for all wate~, gas, n~at, light. power an~ air conditioning costs. including the costs of maintenance and re?air of such utility conduits and outlets. Landlord shall provide janitorial supplies and light. bulhs for general lightir.g purposes. All costs incurred vy Landlord hereunder shall be dee~ed part of the operating expenses includible in the rent cnarged hereunder to Tenant. 10.2 Notwithstanding that Landlord has no obligation to provide 9~neral building security services under this Le~se, J...andlord directly or through its janitorial contractor \iarrants that the Building doors fronting on the Emerson and Hamilton public riqhts of way shall be locked at all ti~es other than during the busine.ss hours of 'tenant ar.d any other tenant occupying space in such Building upon completion of the performance of such janitorial s.ervices. ~ticl. 11 -Insuranee 11.1 Tenant shall not use, or permit tha Premises, or any part thereof, to be used for any purpose other than that set forth in Article 4. No use shall be made or permitted to be made 9 ···1'.·":;·.·. .. -;';." • > .~ . . J<'. ......•.... , ..•.... ,. -., ...•. r'~' ~_..J " . !. - of the PreIll'.ses, nor acts done 1 .... hich 'Will cause a cancellation of any insurance policy covering the Buildj r.q, or any part thereof, ncr shall ~enant ke~p or use or permit to be kept or used, in or about the Premises, any article which may be prohibited by the standard fonn of fire insurance policies. Tenant shall not be required to provide any evidenc~ of liability insurance hereunder I and Landlord ackno"lII'ledges that Tenant shall seJ f-in;slJre for any r~quired amounts or liability insurance at its sol-e cost and expense or it shall provide evidence of insurance coverage by its membership in a pooling program. lL2 Lar.dlord. agrees to purchase and xeep in force fire, extended coverage, and "'all risk lT insurance, incl!lding flood insurance, coverinq the Project in amounts r',ot to exceed the actual insurable value of the Project as determir.ed by insurance company appraisers. Landlord estimates that the actual insurable value of the Building is not less than $2,500,OOO~ Landlord shall submit to Tenant proof of such coverage in ~riting on or before the Effe~tive Date~ Landlord warrat'Jts that the Building complies with applicable La .... as respects earthquake safety standards for tenant occupancy of such Building. 1]~3 Tenant shall, at its sole cost and expense, obtain and keep in force during the term of this Le,:lse a policy of comprehensive general liability insurance utilizing an Insurance Services Office standard form with broad form general liability endorsement ,GL0404), or equivalent, in an amount of not less than one million dolla~s per occurrence ot bodily injury and property damage combined or in a greater amount as reasonably determined by Landlord, and shall insure Tenant with Landlord as an additional insu4ed against liability arising out of the usa, occupancy, or maintenance of the Premises, or Te~ant. at its option, shall self­ insure for the required amounts or by providing proof of coverage of City's participation in a pooling program with applicable coverage. Compl iance .... i th the above requirement shall nut I however, limit the liability o! Tenant hereunder. Article 12 -rn~emnity 12~1 Tenant will hold Landlord exempt and harml~$s from any damage or injury to any person, or to the personal property of any person, arising from the use of the Premises by Tenant, or from the failure of Tenant to keep the Premises in qood condition and repair, as herein provided, except as such damage or injury may arise from the negligence or willful act of Landlord or except as any such liability, loss or damage may be allocated between the parties and any other party under applicable prinCiples of comparative neglig~nce. 12.2 Lar.dlord covenants and agrees to protect, defend, inde~~ify and hold harmless Tenant, its council membe~s, cfficers~ employees, and agents, from and against any and all claims, demands, liability, losses, costs, expenses, penalties, suits, judgments or da~ages, including attorneys' fees, arising out of or resulting at any time from any injury or death to person or damage 10 ~.~' .•....•. . : '.1 '; l-. I - too property as a result of the ... ·illiul or t"e-;ligent act or emission ot La.ndlC'rd, its p.::lrtners, employees, or agents, or except as any such liability, loss or damage may be allocated between tne parties and any other party under applicable principles of comparativ£: negligence, O~ ~hich results from their nonco~pliance ~ith any Law respectinq the condition, use, occupation, or safety of the Proj ect, or any part thereof. or ltfhi ch .:lr i ses from Landlord 15 failure to do anything required under the L.ease or for doing anything which Landlord is required not to do under the Lease~ Th~ ind2mnity shall extend to all claims, dema~ds. or liens made or filed by reason of any construction, renovation or remodeling by Landlord at any time during the term of this Lease o:c arising the=eafter~ ~ticl. 13 -Waiver 13.1 Tenant, as a ~aterial part of the ccn$ideration to be rendered to Umdlord, hereby ... ·aives all claims aqainet Landlord for da~ages to TQnant Property in. upon or about the Premises and for injuries to persons in, upon or ~bout premises, from any cause arising at any time, except such da~age or injury as may arise from the neqliqence or willful act of Landlord. 13.2 The waiver by r.andlord af any breach of any Provision herein contained shall not be deemed to be a waivar of such Provision or any sub5e~~ent breach of the same or any other Provision herein contained~ 'rhe subseque.nt acceptance of rent hereunder by Landlord shall not be deemed to be a ~aiver of any precedinq breach by Tenant of any Provision of this Lease, other than the failure of Tenant to pay the particular rent so accepted, regardless of Landlord's kno~ledge of such preceding ~reach at the time of acceptance of such rent. Artiele l' -Q~i.t Dnjoyment 14.1 Tenant shall have the right to peaceably hold, use ar~ enjoy the Premises to the extent Tenant pays rent, obs~rves all P-rovisior:.s of this Lease, al"1d is not in default of tbis. Lease durinq the term of this Lease. Article 15 -Rules an4 Regulations 15.1 '!enant .. ill not place or pentiit to be placed in. upon or ~boyt the Premises any unusual or e~traordinary signs, and will not conduct, or permit to be conducted, any sale by auction on t.he Premises~ It is hereby mutually covenanted and. agreed tha.t Landlord has z."eserved the el<clusi .... e right to the exterior sideW"alls and roof .of the premises, and t:hat Te.nant vill not place., or pe.nuit to be placed,. upon the exterior sidewalls, or roof I any signs, advertisements Qr notices, without the written consent of Landlord first had and obtained. Any sign so placed on the Premises, shall be so placed upon the understanding and agreement that Tenant .. ill remove the same at the terIilinatian of the tenancy herein create.d and repair any damage or injury to the Premises 11 - -. '-. caused thereby. ~nd if not so removed by Tenant~ th~n at Tenant's expense. 15.2 Landlord's General Rules and Ragulations are attached hereto as Exhicit -3". 16.1 Tenant shall not assign, mortgage, or hypothec~te this Lease, Clr any interest thelein and shall not sublet the Premises, or any part thereof, or any right or privilege appurtenant thereto, or suffer any other person (t1:1e agents, employees, ~nd of ricers of Ten"nt excepted) to occupy or use the premises, or any portion thereof, ~ithout the written consent ~f Landlord first had and obtained, ...... hich consent shall not be unreasonably ~ithheld. A consent to one assignment, subletting, occupation or use by any other person, shall not be dee~ed to be a consent to any subsequent assignment, subletting~ occupation or use by another person. ~ny such assignment or subletting ~itho~t such consent s"al1 be void, and shall, at the option of Landlord, terminate this Lease. This Lease shall not, ~or shall any interest therein, b~ assignable, as to the interest of Tenant, by operation of law~ without the written consent of Landlord. Artiele 17 -Surren4er an4 Abandonment 17~1 No act or conduct of Landlord, ~hether consisting of acceptance of the keys to the premises, or other act shall be deemed to be or constitute an acceptance or-surrenc'le:-of the premises by Tenant prior to the expiration of the term hereof and such acceptance by Landlord of surrender by Tenant shall only flow from and must be evidenced by w~itten ackno~ledqment of acceptance cf surrender. 17.2 The surrender of this LeaGe by Tenant, voluntarily or otherwise, shall not 'Work a merger but shall oper30te as an assignment to Landlord of any and all existing sublee.ses, or Landlord may, at its option, terminate any or all of such subleases by notifying the sublessees of its el~ctivn so to do within five (5) da}Ys after such surrender. 17~3 Tenant shall not vacate or abandon the Premises at any time during the term. If Tenant shall abandon, vacate or surrender the Premises; o~ be dispossessed by proces.s of laW', o'r othe.niise, any Tenant Prcpert:r~ and left on the Premises for more than thirty (30) days shall be deemed to be abar.doned, at the option of Landlord, except such Tenant Property as may be mortgaged to Landlord. public or domain or terminate L ~rti~le 18 -~on4amn&tion 18.1 If any part of the project shall be taken for any quasi-pUblic use, under any Law or by right of eminent private purchase in 1 ieu thereof, this Lease shall as of the date title shall vest in the condemnor or 12 I L- purchaser. Landlord shall have the option to terminate this LeasE as of the date 'When title to suc!1. part so ta'ken vests in the condemnor or purchaser. If all of the Project, or such part thereot, be taker.. E>.O that. t.here does no-t. remain a substa.ntial portion of tne Premises susceptible for occupation hereunder, this Lease shall thereupon t~rminate. Artiele 19 -naaaq. and Destruction 19.1 In the event cf a partial destruction of the Premiees during the term of this Lease fro-m any cause, e>tcept for incidental damage and destruction c~used from vandalism and accidents to the P=emlses ~hich Ten~nt is responsible for hereund~r, Landlord shall forthwith repair the same, provided such repairs can be madp. ",ithin sixty (60} days under-applicable Law~ but such partial ~ ~truction shall in no way annul or void this Lease, ~x:cept that Tenant sl'lall be entitled to a proportionate deduction of I'ent 'While such repairs are being made (provided the fire or other destructions to the Premises shall not have been caused by the fault or neglect of Tenant) ~ such proportionate deduction to be based upon the extent to ~hich the making of such repairs shall interfere ~ith the business carried en by Tenant in the Premises. 19.2 If such repairs cannot be made in sixty (60) days, Landlord may, at its option, maKe the same within an additional thirty (30) days, and this Lease shall continue in full force and effect and the rent shall be proportionately reduced as provided in Section 19.1~ In the event that Landlord does not so elect to make such repairs which cannot be made in sixty (60) days, ot'" such repairs cannot be made under La~, this Lease may be teTbinated at the option of either party. NotWithstanding the foregoing, in the eve.nt that. the Building in 'Which the. Premise.s ma.y be situated be destroyed to the extent of not less than thirty three and one third percent (33-1/3\1 of the replacement cost thereof, Landlord may elect to terminate this Lease, whether the Premises be injured or not. A total destruction of the :auilding in which the Premises are situated shall terminate t.his Lease.. In the event of any dispute bet .... -een Lar.dlord and 'Tenant relative to the provisions of this Section 19.2, they shall each select an arbitrator, the two arbitrators so selected shall select a third arbitrator, and the three arbitrators so selected shall hear and determine the controversy and the.ir decision thereon shall be. final and binding­ upon both Landlord and Tenant, 'Who shall pear the cost of suer. ar~itration equally between them. The parties shall select their respective arbitrators within ten (10) days of the written request by either party and the third shall be selected within five (5) days therE'.after~ Failure of the seleccion of an arbitrator as herein provided shall entitle either party to petition a court of competent jurisdiction to make the appointment of an arbitrator ~hose decision shall be final. 19~1 Th~ provisions of any Law which may be in effect at the time of t.he occurrence of any such damage or destruction, under which ~ lease is automatically terminated or a tenant is given the 13 .-1. i - right to terminate a lease upon the OCCUI"l:"ence of any such damage or destruction, are hereby exprcs$ly ~aived by Tenant, but only \lith respect to a partial destru.ction of the premises. Tenant reserves t'tle right to terminate t-he Lease in the event of the substantial destruction of the Premises. ~ticl. 20 -Compliance with Law 20.1 Tenant shall, at its sole cost arid expense, comply with the requireme~ts of applicable ~~ vhich may be no~ in force, or yhich may hereafter be in force perteining to the Tenant's use of the PremisE!.s, and s!1ould faithfully observe in the use of the Premises applicable La .... nov in force or as may hereafter be in force. The ju".gment of any court of cOlllpetent jurisdiction~ or the written admission of Tenant in any action or proceedin9 against Tenant b~t only if Idndlord is a party thereto, that Tenant has ~lolated any such La~ in the use of the premises. shall create a rebuttable presumpt-.ion of that fact as between Landlord and Tenant. Artiele 21 -Default and Reme~ies 21.1 Should Tenant DL-each this Lease or abandon the Premises before the end of the term, or if Tenant I s right to possession of the Premises is ter.minat~d by Landlord because cf a preach by Tenant of this Lease, th~ Lease shall l at the option of Landlord, terminate except as provided herein and upon such termir.ation Landlord. may recover from Tenant all dal!1.ages suffered !::y landlord or as a result of Tenant I s failure to perform its obligations hereunder, including but not restricted to (i) the worth at the time of the award of the unpaid rent earned at the time of termination of this Leas.e including interest at se~/en per cent (7%)# Cii) the worth at time of the award by which the Unpaid rent would have been earned after termination until the award exceeds the amount of such rental loss that Tenant proves could have been reasonably avoided including interest at seven per cent (7\); (iii, the worth at the ti~e of the a~ard by which the unpaid rent for the balance of the t.erm clfter the time of the a ..... ard exceed.s such re."lital loss tha.t Tenant proves could be re.ason.abl.y avoided; ~iv) any other amount reasonable and necessary to compensa.te Landlord for all the detriment proximately caused by Tenant's failure to perform its obligations under this Lease. Efforts by Landlord to mitigate the damages caused by Tenant 1 5 breach of this Lease shall not waive Landlord's right to recover damages under this Section 21.1. :21.2 In the event Tenant breaches this Lease or abandons the Premises, the Lease shall continue in effect so long as Landlord does not terminate Tenant's right to possession of the Premises and Landlord may enforce all of its rights and rem~dies otherwise given by Lay and this Lease and "Without limiting the generality of the foregoing collect the rent as it falls due. For the purposes of this section 22.2, the follo~ing shall not constitute termination of Tenant's right to possession: (i) acts of maintenance or preservation or efforts to re-let the Premises; or 14 L '.-'- (1i) the app::>il"'tment of a receiver upon initiative of Landlord to protect ~ndlord's interest under this Lease. 21.3 ~he remedies herein provided are not exclusive and Landlord and Tenant shall have any and all other re~edies provided herein or b:.r LaW. 21.4 Should Landlord bring suit for th~ possession cf the Premises, for the recovery of any sum due hereunder r or becaus~ of the breach of any other covenant hereir., or should Tenant or La,ndlord brinq any action for any relief; declaratory or otherwise arising out of this Lease, the nc~-prevailing party in any such suit shall pay court costs and a reasonably attorney's fee, which shall be deemed to have accrued on the commencemetl't of such action and shall be enforceable whether or not such action is prosecuted to judgment. 21.5 Either Ca) the appointment of a receiver to take possession of all or substantially all of the assets of Tenant, or (b) a qeneral assignment by Tenant for the benefit of creditors, or (c} any action tak~n or suffered by Tenant under any insolvency or bankruptcy act shall constitute a breach of this Lease by Tenant. Upon the happening of any such event this ~~5e shall terminate ~t the option of Landl,:>rd to the extent permitted by Law, thirty (30) days after written notice of termination from Landlord to Tenant. Article 22 -Intry by Lan~lord 22.1 Tenant shall permit Landlord and its agents to enter into and upon the Premises at all reasonable ti~es for the purpose of inspecting tl1e same or showing the Premises to a prospective purchaser, or for the purpoe;e of maiTl,taining the Building in Which the Premises are situat~d, or for the purpose of making repairs, alterations or additions to any other portion of tbp.. Building, including the et"ection and maintenance of such scaffolding, can~pies, fences and props as may b6 required, or tor the purpose of placing upon the property in which the Preaises ~re located any usual or ordinarj -For SaleK signs, ~itho~t any rebate of rent and without any 1 iability to Tena.nt for any loss of occupation or quiet enjoyment of the premises thereby occasioned, and shall permit Landlord and its agents, at any time within ninety (90) days prior to the expiration ot this Lease, to place upon Premises any usu~l or ordinary ~TO Let~ or nTo Lease" signs and exhibit the Premises to prospective tenants at reasonable ho~rs~ Landlord shall give Tenant reasonable prior notice of Landlord's desire to enter upon the Premises. Artiol. 23 -Motices 23.1 All notices ~hich mayor are required to be given by either party to the other may be given in ~riting and shall be deemed to have been fully given when either delivered personally or 15 deposited in the u.s. mail, postage prepaid, or otherwise to the following address or any other add:ess as subsequently noticed in vriting by either party as follo .. s: To Landlord: with a copy to,,: To Tenant: with a ,,::opY to: Hamilton prcperties c/o Scher , Bassett 464 South Mathilda Avenue Suite 210 Sunnyvale, CA 94086 ATTN: Meyer Scher, Esq. Hamilton Properties c/o Carol Mullen 618 Tennyson Avenue Palo Alto, CA 9430~ City of Palo Alto Manager, Resource Planning Department of Utilities P.O. Box 10250 Palo Alto, CA 94303 City of Palo Alto Real Property Manager P.O. Box 10250 Palo Alto, CA 94303 Artiele 2~ -Tenant'. Certificate 24.1 Tenant Shall, without charge, at any time within ten (1-1:)) da.ys after receipt by Tenant from Landlord of written request therefor, deliver a duly executed and acknowledqGd certificate to Landlord or any other Person designated by Landlord, certifying: (i) this Lease is unmodified and in full force and effect, or if there has been any modification, that the same is in full force and effect as modified, and stating any such modification~ (iiJ whether or not there is then existing any claim of Landlord's default hereunder and, if so, specifying the nature thereof: and (iiiJ the dates to ~hich the rent and other charges payable hereunder by Tenant have been paid. Article 25 -Subordination 25.1 Tenant agrees that this Lease may, at the option of Landlord .. be subject and subordinate t.o any mortgage, deed of trust or other instrument of security ~hich has been or shall be placed on the Project of 'Which the Premises fon:c. a part, and this subordination is hereby effective 'Without any fUrther act of Tenant. Tenant shall, at any time hereinafter, on demand, execute any instruments, releases .. or other documents that may be required by any mortgagee, mortgagor, or trustor or beneficiary under any deed of trust for the purpose of subjecting and subordinating this Lease to the lien of any such mortgage, deed of trust or other instrument of security, and the failure of Tenant to execute any ~'~~; "L " __ -'l~ " .~;:~: - • - o such instruments, r.eleases or d~uments: shall constitute a default hereunder. 26.1 The invalidity or \.menfcrceability of any Provision of this Lease shall not affect the validity or enforceability of the remainder of this Lease~ 2~.2 The Provisions of this Lease shall, subject to the Provisions on assiqnment, apply to and bind the heirs, successors, executors, adminiet~ator5 and assigns of all of the parties hereto, and all of the parties hereto shall be jointly and severally liable hereund:er. 26.3 Time is of the essence of this Lease ana each and all of its provisions. 26.4 The margin;;.l captions, h~adinqs or title to the Sections of this Lease are not a part of this Lease and shall have no effect upon the construction or interpretation of any part thereof. 2.6~5 'Ihis inst-rument contain:; all of the Provisions m~de between the parties hereto and may not be modified orally or in any other ~anneT than by an agree~ent in ~riting signed by all of the parties hereto or their respective successors in interest. 26.6 The undersigned parties hereby warrant that they are du1y authorized and empo~ered to execute this Lease. 26.1 Tenant shall not be liable to any real est.ate broker or any other agent retained by Landlord to procure the execution of this Lease for any broKerage fee or any other fee, and Landlord aqrees to be severally liable for the payment of any such applicable fee~ 26.8 If the time in which any act is to be performed falls on a saturday, Sunda.r or a city holiday, the ti!'le for performance shall be extended to the following Business Day~ 26~9 All Exhibits no..., or her-eafter referenced herein are lly such reference incorporated in this Lease and made a part hereof. IN WITNESS WHEREOF 1 the parties have executed this Lease in Palo Alto~ California on the date first above stated. "LANDLORD" "TENANT" HAMILTON PROPERTIES CITY OF PALO ALTO Donald Mullen l Partner 17 o Carol Mullen, Partner Mayer Scher, Partner """,-:;,--;:-.-:=--==-=------­Hannah Scher, Partner ,. J..TTEST: City cl-erk APPROVED AS TO FORM S:r ~ Assistant Ci.ty Attorney APPROVF.:D City Manager Director of Utilities Director of Finance Real Property Manager \ o EX~IS!T A 209 Hamilton Ave., Palo Alto -.ABey- -Emerson- 'L - I l . r June 18. 1992 .-C) RULES At-iD REGULATIOr,S FOR STI',NDA.RD OFFiCE LEA.S:: RAM1L'tQ:N PROP!.R'IIES, l.E3S0F: AND eIn: OF ?:u.D _ .... LTD, 1.ESSEE GENERAL RULES ~ It"UIe't $\\101\ 1'\'0\ " .. I'll!' 1;)' ~tmll tr'l~ ob!.\'IJCtICr. 0\ a,,.. (0 ..... ""'0:\ lJof..s,. mCI'Jdlt',~ a"'<e"'~1" ..... al~ .. a"s 011,"11: Stair",;:.":!. ~ leU!:)' rnll!.-...t3 !ne ng~' 10 rlt ... 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"uLa.-=lu"n; eOO'l<'='. c;r IOOC prt=-a ... !'~~ ~C' i..e~ ~Ii c-omPl) W"tl'1 .:: S311!1~, I~re protecllon a"d evacUilI,O'r: n!Oil.ltatlOns e$ta.e-I,~l'1e~.to" LI'!~-sor cr i"Y 1~~Ic.abI!! gO'Yerr.~nlal agenC) 21 lesser rt"Ser\le5 to"e "91'1: 10 ..,.111!! ar'1l1 one DI 'Mu rul~5 cr repClI;a1lol11L a~ol'" as I" 01:'1,' tla!tlculi!' i..essee In~ .".1' 1.1Ict1 WOlJ\I't,' snail nal corlStl1.l.."1e I ""'~r 0: Iny OHlel rule 0' relWu~iJon 0" aIly s"toSI'C;;V,I"·t.aCOIIC<1I:(l1l !"trt01 10 5L'-=~ Ll!ssef! ~, UoILMt 1.S&Jmt:5ii111 ns-O;5 1r0'" Inreh ~ ...andallsm In.:.! i.~rel!~ 10 1o.!!!'e'0 ':5 p,..".rr,lses loelCl"O liS may t>e rl"Qu"O!!'t: 2; /..e'$$cf l"I1Ie!'YE:~ the ng"" 10 maKt I!o"CI'1 Olrot!r re.i.50p\;a~·e ru'tS II"::' re~"'t.I!!'c.r.5 ilS it "'/II)' Iro,.,., lime lC tl:ne ceem neces,ur:-te' tne _;::l:lropdaie (lPt'.r:al'OI'1 ~C lalelY 01 fl'll!' 0I11~ Eou')Cl'lil FTo.~C", ,; 110 ilS (iecu.p,em:. '...e ~ 5e~ .II "rHOS I:: ).1:<loe tll' 'l'Iue an;;; 5",:;'1 r>J'es /II:'1C reglJl.3ll0l'1ti Exhibit B - '. EXHIBIT C J~TORI~ SERVICES The landlord should provide all janitorial services and supplies. A thorough one-time cleaning ... ·hich include5 all of the specifications found belo ..... must ce done prior to the city occupying the space. Daily: • • • • • • • • • weekly: Dus~ all furniture, C0unters, cabinets and window sills Vacuum all rugs and carpets Damp mop all vinyl floors E~pty all ash trays and wastebaskets Remove all spots and spills from rugs and carpets Clean and sanitize the entire '\rea of the restrooms S ...... eep sidewalks Replace toilet paper, paper towe 1, coin-operated s·:!nitary napkin, 5e~t cover and soap dispensers Replace light bulbs, tUbes, ballasts and starters * Dust all vindaw blinds Monthly: * Spray buff all vinyl floo=s 'twice Yearly: Wash all: * Interior and exterior .... ' indc'.Js REALE.ST ..... TE nJl ILSP2 , 'II , 11 o EXHIBIT D CONFIRlIoiA'I'ION OF COMNENCr~MEN'I DATE TO BE FIJRl'nSHED BY LANDLORD vpaN COMPLE''l'!ON OF THE IMPROVEMENTS