Health Net 2009 Annual Report Download - page 426

(ii) as to the Second Floor South Wing, approximately Nineteen Thousand Two Hundred Ten (19,210) square feet of
Rentable Area;
(iii) as to the Third Floor South Wing, approximately Seventeen Thousand Eight Hundred Twenty-Three
(17,823) square feet of Rentable Area;
(iv) as to the Expansion Premises, approximately Seven Thousand Seven Hundred Thirty-Three (7,733) square feet of
Rentable Area; and
(v) as to the entire Premises, approximately Sixty-Seven Thousand Two Hundred Ninety-Three (67,293) square feet
of Rentable Area.
(e) Landlord and Tenant acknowledge and agree that the Rentable Area of the entire Premises and each portion thereof as
specified in Section 5(d) above have been determined in accordance with the modified definition of “Rentable Area” set forth in
Section 5(b) above.
(f) Tenant’s Proportionate Share shall be adjusted to be 55.32% on and effective as of the Expansion Premises
Commencement Date to reflect that (i) the Premises will then contain approximately Sixty-Seven Thousand Two Hundred
Ninety-Three (67,293) square feet of Rentable Area, and (ii) the Project will then contain approximately One Hundred Twenty-
One Thousand Six Hundred Fifty-Four (121,654) square feet of Rentable Area.
6. BASIC RENT. In consideration of the confirmation of the Commencement Dates as provided in Section 2 above, and in
consideration of the retroactive adjustment of the Rentable Area of the Existing Premises as provide in Section 3 above, effective
retroactively as of the North Wing Commencement Date, Tenant shall pay Basic Rent at the rates set forth in the following table and
otherwise in the manner provided under the Lease:
7. EXPANSION PREMISES TENANT IMPROVEMENTS. All Expansion Premises Tenant Improvements shall be installed by
Landlord pursuant to the provisions of Exhibit B-1 hereto. Although the Expansion Premises Tenant Improvements are intended to be
6
Period of Term
Monthly Rate per Square
Foot of Rentable Area in
the Premises
Cumulative Rentable
Area contained in
the Premises
Basic Rent per
Month
5/14/08 through 6/11/08 $2.95 22,717 $67,015.15
6/12/08 through 6/24/08
$2.95 41,927 $123,684.65
6/25/08 to EPSC $2.95 59,750 $176,262.50
EPSC through 6/24/09
$2.95 67,293 $198,514.35
6/25/09 through 6/24/10 $3.04 67,293 $204,570.72
6/25/10 through 6/24/11
$3.13 67,293 $210,627.09
6/25/11 through 6/24/12 $3.22 67,293 $216,683.46
6/25/12 through 6/24/13
$3.32 67,293 $223,412.76
6/25/13 through 6/24/14 $3.42 67,293 $230,142.06
6/25/14 through 6/24/15
$3.52 67,293 $236,871.36