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Document Preview Lease |
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Title: |
Lease |
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Entities: |
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Date: |
2007 |
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Size: |
Preview shows 54KB of 249KB total |
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Price: |
$65 |
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ID: |
#2751698 |
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Start of Preview |
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ARTICLE ONE BASIC LEASE PROVISIONS |
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1.01 BASIC LEASE PROVISIONS |
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1.02 ENUMERATION OF EXHIBITS & RIDER(S) |
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1.03 DEFINITIONS |
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ARTICLE TWO PREMISES, TERM, FAILURE TO GIVE POSSESSION, COMMON AREAS AND PARKING |
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2.01 LEASE OF PREMISES |
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2.02 TERM |
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2.03 FAILURE TO GIVE POSSESSION |
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2.04 AREA OF PREMISES |
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2.05 CONDITION OF PREMISES |
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2.06 COMMON AREAS & PARKING |
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ARTICLE THREE RENT |
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ARTICLE FOUR OPERATING EXPENSES RENT ADJUSTMENTS AND PAYMENTS |
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4.01 TENANTS SHARE OF OPERATING EXPENSES |
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4.02 RENT ADJUSTMENTS |
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4.03 STATEMENT OF LANDLORD |
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4.04 BOOKS AND RECORDS |
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4.05 TENANT OR LEASE SPECIFIC TAXES |
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ARTICLE FIVE SECURITY |
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ARTICLE SIX-UTILITIES & SERVICES |
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6.01 LANDLORDS GENERAL SERVICES |
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6.02 TENANT TO OBTAIN & PAY DIRECTLY |
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6.03 TELEPHONE SERVICES |
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6.04 FAILURE OR INTERRUPTION OF UTILITY OR SERVICE |
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6.05 INTENTIONALLY OMITTED |
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6.06 SIGNAGE |
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ARTICLE SEVEN POSSESSION, USE AND CONDITION OF PREMISES |
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7.01 POSSESSION AND USE OF PREMISES |
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7.02 HAZARDOUS MATERIAL |
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7.03 LANDLORD ACCESS TO PREMISES; APPROVALS |
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7.04 QUIET ENJOYMENT |
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ARTICLE EIGHT MAINTENANCE & HVAC |
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8.01 LANDLORDS MAINTENANCE |
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8.02 TENANTS MAINTENANCE |
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ARTICLE NINE ALTERATIONS AND IMPROVEMENTS |
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9.01 TENANT ALTERATIONS |
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9.02 LIENS |
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ARTICLE TEN ASSIGNMENT AND SUBLETTING |
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10.01 ASSIGNMENT AND SUBLETTING |
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10.02 RECAPTURE |
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10.03 EXCESS RENT |
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10.04 TENANT LIABILITY |
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10.05 ASSUMPTION AND ATTORNMENT |
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ARTICLE ELEVEN DEFAULT AND REMEDIES |
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11.01 EVENTS OF DEFAULT |
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11.02 LANDLORDS REMEDIES |
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11.03 ATTORNEYS FEES |
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11.04 BANKRUPTCY |
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11.05 LANDLORDS DEFAULT |
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ARTICLE TWELVE SURRENDER OF PREMISES |
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12.01 IN GENERAL |
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12.02 LANDLORDS RIGHTS |
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ARTICLE THIRTEEN HOLDING OVER |
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ARTICLE FOURTEEN DAMAGE BY FIRE OR OTHER CASUALTY |
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14.01 SUBSTANTIAL UNTENANTABILITY |
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14.02 INSUBSTANTIAL UNTENANTABILITY |
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14.03 RENT ABATEMENT |
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14.04 WAIVER OF STATUTORY REMEDIES |
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ARTICLE FIFTEEN EMINENT DOMAIN |
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15.01 TAKING OF WHOLE OR SUBSTANTIAL PART |
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15.02 TAKING OF PART |
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15.03 COMPENSATION |
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ARTICLE SIXTEEN INSURANCE |
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16.01 TENANTS INSURANCE |
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16.02 FORM OF POLICIES |
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16.03 LANDLORDS INSURANCE |
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16.04 WAIVER OF SUBROGATION |
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16.05 NOTICE OF CASUALTY |
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ARTICLE SEVENTEEN WAIVER OF CLAIMS AND INDEMNITY |
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17 01 WAIVER OF CLAIMS |
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17.02 INDEMNITY BY TENANT |
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17.03 WAIVER OF CONSEQUENTIAL DAMAGES |
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ARTICLE EIGHTEEN RULES AND REGULATIONS |
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18.01 RULES |
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18.02 ENFORCEMENT |
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ARTICLE NINETEEN LANDLORDS RESERVED RIGHTS |
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ARTICLE TWENTY ESTOPPEL CERTIFICATE |
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20.01 IN GENERAL |
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20.02 ENFORCEMENT |
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ARTICLE TWENTY-ONE INTENTIONALLY OMITTED |
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ARTICLE TWENTY-TWO REAL ESTATE BROKERS |
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ARTICLE TWENTY-THREE MORTGAGEE PROTECTION |
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23.01 SUBORDINATION AND ATTORNMENT |
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23.02 MORTGAGEE PROTECTION |
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ARTICLE TWENTY-FOUR NOTICES |
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ARTICLE TWENTY-FIVE EXERCISE FACILITY |
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ARTICLE TWENTY-SIX MISCELLANEOUS |
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26.01 LATE CHARGES |
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26.02 NO JURY TRIAL; VENUE; JURISDICTION |
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26.03 DEFAULT UNDER OTHER LEASE |
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26.04 OPTION |
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26.05 TENANT AUTHORITY |
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26.06 ENTIRE AGREEMENT |
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26.07 MODIFICATION OF LEASE FOR BENEFIT OF MORTGAGEE |
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26.08 EXCULPATION |
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26.09 ACCORD AND SATISFACTION |
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26.10 LANDLORDS OBLIGATIONS ON SALE OF BUILDING |
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26.11 BINDING EFFECT |
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26.12 CAPTIONS |
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26.13 TIME; APPLICABLE LAW; CONSTRUCTION |
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26.14 ABANDONMENT |
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26.15 LANDLORDS RIGHT TO PERFORM TENANTS DUTIES |
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26.16 SECURITY SYSTEM |
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26.17 NO LIGHT, AIR OR VIEW EASEMENTS |
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26.18 RECORDATION |
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26.19 SURVIVAL |
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26.20 EXHIBITS OR RIDERS |
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ii
| (1) | BUILDING AND ADDRESS: | |
| As of the Date of Lease, the Building has a street address of 101 Galveston Drive Redwood City, California 94063 | ||
| Building Number 10, located in Phase II (Tenants Phase) of Seaport Centre | ||
| (2) | LANDLORD AND ADDRESS: | |
| Metropolitan Life Insurance Company, a New York corporation | ||
| Notices to Landlord shall be addressed: |
| (3) | TENANT; CURRENT ADDRESS & TAX ID: |
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(a) | Name: | Genomic Health, Inc. (Genomic Health) | ||
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(b) | State of incorporation: | a Delaware corporation | ||
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(c) | Tax Identification Number: | 77-0552594 |
| Tenant shall notify Landlord of any change in the foregoing. | ||
| Notices to Tenant shall be addressed: |
| with a copy to: |
| (4) | DATE OF LEASE: as of January 4, 2007 | |
| (5) | LEASE TERM: The Term is the period of almost 5 years which commences on the Commencement Date and expires on the Expiration Date, as both are defined below. | |
| (6) | COMMENCEMENT DATE: March 1, 2007, subject to Rider 2. | |
| (7) | EXPIRATION DATE: February 24, 2012. | |
| (8) | MONTHLY BASE RENT: The initial monthly installment is due upon Tenants execution. |
| Period from | ||||||||||||
| Commencement Date through | ||||||||||||
| Expiration Date | Monthly | Monthly Rate/SF of Rentable Area | ||||||||||
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Months 01 12 |
$ | 37,500.00 | Special Negotiated Concession - Rate Not Applicable | |||||||||
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Months 13 24 |
$ | 52,000.00 | Special Negotiated Concession - Rate Not Applicable | |||||||||
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Months 25 36 |
$ | 63,701.10 | $ | 1.35 | ||||||||
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Months 37 48 |
$ | 70,779.00 | $ | 1.50 | ||||||||
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Months 49 Expiration Date |
$ | 75,497.60 | $ | 1.60 | ||||||||
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| (10) | RENTABLE AREA OF THE PREMISES: 47,186 square feet | |
| (11) | RENTABLE AREA OF THE BUILDING 47,186 square feet | |
| (12) | RENTABLE AREA OF THE PHASE: 235,620 square feet | |
| (13) | RENTABLE AREA OF THE PROJECT: 537,444 square feet | |
| (14) | SECURITY: The cash and/or Letter of Credit in the amount of One Hundred Fifty Thousand Nine Hundred Ninety-Five and no/100 Dollars ($150,995.00) (and any proceeds of the Letter of Credit drawn and held by Landlord) as provided in Article Five. | |
| (15) | SUITE NUMBER &/OR ADDRESS OF PREMISES: 101 Galveston Drive, Redwood City, CA 94063, until further notice | |
| (16) | TENANTS SHARE: |
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Tenants Building Share: | 100 | % | |||
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Tenants Phase Share: | 20.0263 | % | |||
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Tenants Project Share: | 08.7797 | % |
| (17) | TENANTS USE OF PREMISES: General office use; biotechnology/pharmaceutical research and development, assembly, biotechnical or pharmaceutical manufacturing, and warehousing. |
| (18) | PARKING SPACES: 156 |
| (19) | BROKERS: | |
| Landlords Broker: Cornish & Carey Commercial | ||
| Tenants Broker: BT Commercial and Technology Commercial |
| 1.02 | ENUMERATION OF EXHIBITS & RIDER(S) |
| 1.03 | DEFINITIONS |
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