Health Net 2009 Annual Report Download - page 351

(a) Represents 15 days of Base Rent at $20.50 per square foot annually on 4,786 square feet and 30 days at $7.50 per
square foot annually on 33,685 square feet.
(b) Represents 24 days of Base Rent at $7.50 per square foot annually and 7 days at $20.50 per square foot annually,
prorated on a per diem basis, on 38,471 square feet.
(c) Represents 15 days of Base Rent at $20.50 per square foot annually, on a per diem basis, on 3,090 square feet, and 31
days at $20.50 per square foot annually on 38,471 square feet.
5. Improvements. Landlord and Tenant shall cooperate with respect to the preparation of plans and specifications for Tenant
Improvements in the Second Expansion Space (“Plans”). Landlord shall construct the Tenant Improvements for the Second
Expansion Space in accordance with the mutually-approved Plans and construction schedule, and Tenant shall pay all Costs of
Construction of such Tenant Improvements in excess of $38.00 per square foot of Usable Area of the Second Expansion Space. The
Architect shall be DFD Conoyer Hedrick and the general contractor shall be Ryan Companies US, Inc. Paragraphs 2, 3, 4, 5, and 7 of
Exhibit C to the Lease shall apply to the construction of Tenant Improvements in the Second Expansion Space.
6. Other Changes. From and after the Second Expansion Date:
(a) Tenant’s Proportionate Share shall be increased from 24.06% to 25.99%.
(b) The number of parking spaces that Tenant is entitled to use pursuant to Section 1.10 of the Lease shall be increased
from 36 covered reserved spaces, 102 covered unreserved spaces, and 36 uncovered unreserved spaces to 112 covered
unreserved spaces, and either 5 additional covered reserved spaces or 5 additional uncovered unreserved spaces, as designated
by Tenant in writing, except spaces reserved to other tenants.
2
Period
Base
Rent Per
Rentable
S
q
. Ft.
Original
Lease
Monthly Base
Rent Pa
y
ment
First
Amendment
Monthly Base
Rent Pa
y
ment
Second
Amendment
Monthly Base
Rent Pa
y
ment
Annual Base
Ren
t
Total Monthly
Base Rent
Pa
y
men
t
June 1, 2007 – May 31, 2008 $22.00 $61,755.83 $8,744.33 $5,665.00 $914,342.00 $76,195.16
June 1, 2008 – May 31, 2009
$22.50 $63,159.38 $ 8,973.75 $ 5,793.75 $ 935,122.50 $ 77,926.88
June 1, 2009 – May 31, 2010 $23.00 $64,562.92 $9,173.17 $5,922.50 $955,903.00 $79,658.59
June 1, 2010 – May 31, 2011
$23.50 $65,966.46 $ 9,372.58 $ 6,051.25 $ 976,683.50 $ 81,390.29
June 1, 2011 – May 31, 2012 $24.00 $67,370.00 $9,572.00 $6,180.00 $997,464.00 $83,122.00
June 1, 2012 – May 31, 2013
$24.50 $68,773.54 $ 9,771.42 $ 6,308.75 $1,020,449.50 $ 84,853.71
June 1, 2013 – May 31, 2014 $25.00 $70,177.08 $9,970.83 $6,437.50 $1,039,025.00 $86,585.41