Lease by Constant Contact, Inc.
Company: Constant Contact, Inc.
SEC CIK: 1405277
SEC Type: EX-10.2
SIC Code: 7331
SIC Industry: SERVICES-DIRECT MAIL ADVERTISING SERVICES
Date Filed: 2012-05-17
Text View
EXHIBIT 10.2
55 MIDDLESEX TURNPIKE
OFFICE SPACE RIDER
Between
DIGITAL 55 MIDDLESEX, LLC
as Landlord
and
CONSTANT CONTACT, INC.
as Tenant
Dated
May 11, 2012
SCHEDULE 1
CERTAIN DEFINED TERMS
Building Office Standard shall mean and refer to the type, grade, quantity and design of materials and construction as are customarily utilized by Landlord in the Building for the construction of garden-variety office uses.
Landlord shall mean and refer to the Landlord set forth in Item 1 of the Basic Rider Information.
Landlords OS Installations shall mean and refer to the installations defined as such, as set forth on Exhibit E, attached hereto.
Landlords OS Repair Obligations shall mean and refer to Landlords obligations to arrange for the repair and maintenance of the foundation, exterior walls and roof of the Building; the Common Areas within the Building; and the HVAC systems serving the OS Premises and/or the Common Areas of the Building.
Lease shall mean that certain Datacenter Lease related to Suites 405, 407, 409, 418A in the Building, having an Effective Date of January 1, 2011, by and between Landlord and Tenant, as amended from time to time.
Maximum Structural Load - OS shall mean and refer to the Maximum Structural Load - OS set forth in Item 12 of the Basic Rider Information.
New OS Tenant Space shall mean the premises to which the OS Tenant Space is being relocated and re-assigned pursuant to Section 1.4 of the Standard Rider Provisions.
OS Base Rent shall mean and refer to the amounts of OS Base Rent set forth in Item 6 of the Basic Rider Information.
OS Demising Walls shall mean and refer to Building Office Standard drywall office demising walls.
OS Electrical Metering Equipment shall mean and refer to a Building Office Standard electrical metering device (or electrical metering devices) compatible with Landlords energy management system for monitoring electricity provided to and/or used in the OS Tenant Space.
OS Electricity Consumption Threshold shall mean and refer to the amount of electrical power specified in Item 11 of the Basic Rider Information.
OS Permitted Use shall mean and refer to the OS Tenant Space being used only for general office purposes in accordance with Applicable Law.
OS Rider Term shall mean and refer to the period described in Item 4 of the Basic Rider Information, subject to the terms of such Item 4.
OS Rules and Regulations shall mean and refer to Landlords rules and regulations for the OS Tenant Space, as same may be amended from time to time by Landlord in Landlords reasonable discretion.
OS Tenant Space shall mean and refer to the OS Tenant Space set forth in Item 5 of the Basic Rider Information.
Tenant shall mean and refer to the Tenant set forth in Item 2 of the Basic Rider Information.
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55 MIDDLESEX TURNPIKE
OFFICE SPACE RIDER
This Office Space Rider (this Rider) is entered into as of the OS Effective Date by and between Landlord and Tenant with reference to the following:
R E C I T A L S
A. Tenant leases Tenant Space in the Building from Landlord pursuant to the Lease.
B. Landlord desires to lease to Tenant certain office space within the Building and Tenant desires to lease such space, pursuant to the terms and conditions of this Rider.
C. Unless otherwise specifically indicated to the contrary, all initially capitalized terms contained in this Rider shall have the meanings set forth on Schedule 1, attached to this Rider. All initially capitalized terms contained in this Rider, but not otherwise defined in this Rider, shall have the meanings ascribed to them in the Lease.
NOW, THEREFORE, in consideration of the covenants and agreements hereinafter set forth, Landlord and Tenant agree to the following terms of this Rider, which shall supplement the Lease as of the OS Effective Date:
BASIC RIDER INFORMATION
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1. Landlord: | Digital 55 Middlesex, LLC, a Delaware limited liability company | |
|
2. Tenant: | Constant Contact, Inc., a Delaware corporation | |
|
3. OS Effective Date/OS Commencement Date: | ||
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a. OS Effective Date: | May 11, 2012, being the latest of the parties respective dates of execution of this Rider, as set forth on the signature page of this Rider (and which date shall be inserted in this Item 3 by Landlord, upon Landlords counter-execution of this Rider). | |
|
b. OS Commencement Date: | June 1, 2012 | |
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4. OS Rider Term: | Commencing on the OS Commencement Date and continuing until the expiration or earlier termination of the term of the Lease (as same may be extended or reduced from time to time in accordance with the terms of the Lease), such that the OS Rider Term shall be coterminous with the Term of the Lease. | |
|
5. OS Tenant Space: | Approximately 135 square feet in Suite 317 on the first (1st) floor of the Building, as depicted on the diagram of the OS Tenant Space contained on Exhibit A, attached hereto. | |
|
6. OS Base Rent: | $0.00 per month during the OS Rider Term | |
|
7. Intentionally Deleted. | Intentionally Deleted. | |
|
8. Intentionally Deleted. | Intentionally Deleted. | |
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9. Intentionally Deleted. | Intentionally Deleted. | |
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10. Intentionally Deleted. | Intentionally Deleted. | |
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11. OS Electricity Consumption Threshold: | 1 total kW for lighting and below ceiling convenience power. | |
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12. Maximum Structural Load - OS: | One hundred fifty (150) pounds of live load per square foot. | |
|
13. OS Rules and Regulations: | The current version of the OS Rules and Regulations is attached hereto as Exhibit G. | |
This Rider shall consist of the foregoing Basic Rider Information, and the provisions of the Standard Rider Provisions below Schedule 1, above, and Exhibits A through G, all of which are incorporated herein by this reference as of the OS Effective Date. In the event of any conflict between the provisions of the Basic Rider Information and the provisions of the Standard Rider Provisions, the Basic Rider Information shall control.
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STANDARD RIDER PROVISIONS
1. OS TENANT SPACE.
1.1 OS Tenant Space. Upon and subject to the terms and conditions of this Rider, the Lease is hereby modified to reflect that Landlord does hereby lease, demise and let unto Tenant and Tenant does hereby lease from Landlord the OS Tenant Space, to have and to hold for the OS Rider Term.
1.2 Condition of OS Tenant Space. Tenant agrees that, subject to Landlords completion of Landlords OS Installations, Tenant shall be deemed to have accepted the OS Tenant Space in its AS IS, WHERE IS condition on the OS Commencement Date. Except for Landlords OS Installations, Landlord shall have no obligation to perform any work in the OS Tenant Space (including, without limitation, demolition of any improvements existing therein or construction of any tenant finish-work or other improvements therein), and Landlord shall not be obligated to reimburse Tenant or provide an allowance for any costs related to the demolition or construction of improvements therein. Tenant acknowledges that, except as expressly set forth herein, no representation or warranty (express or implied) has been made by Landlord as to the condition of the OS Tenant Space or its suitability or fitness for Tenants intended purpose.
1.3 Delivery of OS Tenant Space. Landlord shall use commercially reasonable efforts to cause Landlords OS Installations to be completed prior to the OS Commencement Date. In the event, however, that Landlords OS Installations have not been completed by the OS Commencement Date, Landlord shall not be deemed in default hereunder, provided that Landlord is working diligently using commercially reasonable efforts after the OS Commencement Date to complete the installation of Landlords OS Installations.
1.4 Rights Reserved to Landlord. Landlord reserves the right to relocate the OS Tenant Space to some other space of Landlords choosing of approximately the same dimensions and size within the Building without effecting an eviction or disturbance of Tenants use or possession or giving rise to any claim for setoffs or abatement of OS Base Rent due under this Rider; provided, however, that if Landlord exercises Landlords option to remove and relocate Tenant in the New OS Tenant Space, then Tenant shall be required to pay the same per square foot rates of OS Base Rent, as is represented in this Rider. Nothing herein contained shall be construed to relieve Tenant, or imply that Tenant is relieved,
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