Exhibit 10.08.1
FIRST LEASE ADDENDUM
THIS FIRST LEASE ADDENDUM IS MADE AND ENTERED INTO THIS 29th DAY OF August, 2007, BY AND BETWEENALEXANDER PROPERTIES COMPANY, A CALIFORNIA PARTNERSHIP(HEREINAFTER REFERRED TO AS “LANDLORD”) ANDGLOBAL MONITORING SYSTEMS, INC.(HEREINAFTER REFERRED TO AS “TENANT”).
IT IS AGREED BETWEEN LANDLORD AND TENANT TO MODIFY THE LEASE DATEDDECEMBER 28, 2005 (HEREINAFTER REFERRED TO AS “LEASE”) IN THE FOLLOWING MANNER:
TENANTS NAME IS HEREBY CHANGED TO MIRION TECHNOLOGIES.
Section 1. PREMISES
Subsection 1.1 Description. The location of the Premises is hereby changed fromSuite 518located in3000 Executive Parkway,containing2,394rentable square feet (hereinafter referred to as the“Existing Premises”),toSuite 220located in3000 Executive Parkway,containing5,008 rentable square feet as shown on the attached Exhibit A, effective upon the occupancy ofSuite 220 as evidenced by the execution of Exhibit G attached (hereinafter referred to as the“Effective Date”), but in no event later thanNovember 1, 2007.
Subsection 1.2Work of Improvement. Landlord, using Landlord’s building standard materials, agrees to provide the improvements as shown on the attached Exhibit C. Any changes to Exhibit C which affect the cost of the work shall be paid for by Tenant. Tenant shall, within thirty (30) days from receipt of Landlord’s invoice for any such excess cost, promptly pay any excess prior to the commencement of construction.
Section 2. TERM
Subsection 2.1 Term. The expiration date of the term of this Lease is hereby extended fromJanuary 31, 2009toOctober 31, 2011(hereinafter referred to as the“Extend Lease Term”), or 48 months after theEffective Datewhichever is the later.
Please Initial
Tenant ( )
Landlord ( )
Landlord ( )
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Section 3. RENT
Subsection 3.1 Rent. The Base Rent shall hereby increase fromFIVE THOUSAND ONE HUNDRED EIGHTY SEVEN AND 00/100 DOLLARS ($5,187.00)per month toTEN THOUSAND EIGHT HUNDRED FIFTY AND 67/100 DOLLARS ($10,850.67)per month effective on theEffective Date.
Subsection 3.2Adjustments to Base Rent. The Base Rent shall be adjusted toELEVEN THOUSAND TWO HUNDRED SIXTY-EIGHT AND 00/100 DOLLARS ($11,268.00)per month effective on the first day of the 13th full calendar month of theExtend Lease Term..The Base Rent shall be further increased toELEVEN THOUSAND SIX HUNDRED EIGHTY-FIVE AND 33/100 DOLLARS ($11,685.33)per month effective on the first day of the 25th full calendar month of theExtend Lease Termand toTWELVE THOUSAND ONE HUNDRED TWO AND 67/100 DOLLARS ($12,102.67)per month effective on the first day of the 37th full calendar month of theExtend Lease Term.
Section 4.SECURITY DEPOSIT
Concurrently with Tenant’s execution of thisFirstLease Addendum, Tenant shall deposit with Landlord the sum ofSIX THOUSAND NINE HUNDRED FIFTEEN AND 67/100 DOLLARS ($6,915.67)representing an increase in the Security Deposit fromFIVE THOUSAND ONE HUNDRED EIGHTY-SEVEN AND 00/100 DOLLARS ($5,187.00)toTWELVE THOUSAND ONE HUNDRED TWO AND 67/100 DOLLARS ($12,102.67).
Section 5.TAX AND OPERATING COST INCREASES
Subsection 5.2Tenant’s Share. On theEffective DateTenant’s Share of Operating Costs for theNew Premisesshall be.79%,and the Expense Stop for theNew Premisesshall be$10.75per rentable square foot per annum.
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Tenant ( )
Landlord ( )
Landlord ( )
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With the exception of the modifications set out above, all other terms, covenants and agreements of the Lease shall remain in full force and effect.
Landlord: | Tenant: | |||||||||
Alexander Properties Company, a California partnership | Mirion Technologies | |||||||||
By: | /s/ Illegible | By: | /s/ Illegible | |||||||
Title: CFO | Title: CEO | |||||||||
By: | /s/ Illegible | |||||||||
Title: CONTROLLER | ||||||||||
Date: | 8/29/07 | Date: | ||||||||
Regarding: | ||||||||||
Move from Existing Premises: | ||||||||||
Bishop Ranch 8, Building Q | ||||||||||
3000 Executive Parkway, Suite 518 | ||||||||||
San Ramon, CA 94583 | ||||||||||
Move to New Premises: | ||||||||||
Bishop Ranch 8, Building Q | ||||||||||
3000 Executive Parkway, Suite 220 | ||||||||||
San Ramon, CA 94583 |
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EXHIBIT A
FLOOR PLAN
5,008 RSF | Please Initial | |||
Bishop Ranch 8, Building Q | ||||
3000 Executive Parkway, Suite 220 | Tenant ( ) | |||
San Ramon, CA 94583 | Landlord ( ) |
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EXHIBIT A
FLOOR PLAN
5,008 RSF | Please Initial | |||
Bishop Ranch 8, Building Q | ||||
3000 Executive Parkway, Suite 220 San Ramon, CA 94583 | Tenant ( ) Landlord ( ) |
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EXHIBIT G
COMMENCEMENT OF FIRST LEASE ADDENDUM
It is hereby agreed to that as of ,2007,theNew Premiseslocated at3000 Executive Parkway, Suite 220,described in theFirstLease Addendum dated , by and betweenALEXANDER PROPERTIES COMPANYas Landlord andGlobal Monitoring Systems, Inc.as Tenant, were occupied by Tenant and that saidFirstLease Addendum is in full force and effect.
ACKNOWLEDGED AND ACCEPTED:
Landlord: | Tenant: | |||||||||
By: | By: | |||||||||
Date: | Date: | |||||||||