Health Net 2009 Annual Report Download - page 362

SAN RAFAEL LAND COMPANY
BASIC LEASE INFORMATION
Date: February 6, 2008
Landlord:
San Rafael Land Company, LLC
Tenant:
Managed Health Network, Inc.
Project:
The property, together with the two office buildings and other improvements being constructed
thereon, known as 2350 and 2370 Kerner Blvd, San Rafael, California
Building:
The southerly of the two office buildings being constructed by Landlord on the Project, known as
“Building One” and having an address of 2370 Kerner Blvd, San Rafael, Californi
a
Premises: Approximately Sixty-Two Thousand Six Hundred Forty-Seven (62,647) square feet of Rentable Area
on the Second (2 ) and Third (3 ) Floors of the Building as more particularly identified on Exhibit A
attached hereto, consisting of the North Wing (which contains Twenty-Three Thousand Forty-One
(23,041) square feet of Rentable Area), Second Floor South Wing (which contains Nineteen
Thousand Four Hundred Eighty (19,480) square feet of Rentable Area) and Third Floor South Wing
(which contains Twenty Thousand One Hundred Twenty-Six (20,126) square feet of Rentable Area),
all subject to measurement and adjustment as described in Section 1(c);
Initial Term:
Seven (7) years, commencing as of the first to occur of the North Wing Commencement Date,
Second Floor South Wing Commencement Date or Third Floor South Wing Commencement Date
and continuing to and including the Term Expiration Date, subject to Sections 2(e) and 3
Basic Rent:
See Section 4(a)
Commencement Date:
(i) With respect to the North Wing, the date the North Wing is Substantially Complete (the “North
Wing Commencement Date”), which the parties estimate will be on or before May 14, 2008; (ii) with
respect to the Second Floor South Wing, the date the Second Floor South Wing is Substantially
Complete (the “Second Floor South Wing Commencement Date”), which the parties estimate will be
on or before June 12, 2008; and (iii) with respect to the Third Floor South Wing, the date the Third
Floor South Wing is Substantially Complete (the “Third Floor South Wing Commencement Date”),
which the parties estimate will be on or before June 25, 2008; each of the foregoing estimated dates
of commencement being, with respect to the applicable portion of the Premises hereinabove
identified, sometimes referred to in this Lease as the “Pro
j
ected Commencement Date”
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