TeleNav 2011 Annual Report Download - page 118

OFFICE LEASE
This Office Lease (this “ Lease ”), dated as of the date set forth in Section 1 of the Summary of Basic Lease Information (the “
Summary ”), below, is made by and between CA-S
UNNYVALE B USINESS C ENTER L IMITED P ARTNERSHIP , a Delaware limited partnership (“
Landlord ”), and T
ELE N AV , I NC . , a Delaware corporation (“ Tenant ”).
SUMMARY OF BASIC LEASE INFORMATION
1
TERMS OF LEASE
DESCRIPTION
1. Date:
June 28, 2011
2. Premises
(
Article 1
).
2.1
“
Premises
”
and
“ Project ”:
The office/R&D buildings located at 920 DeGuigne Drive, 930 DeGuigne Drive and 950 DeGuigne
Drive, Sunnyvale, California (collectively, the “ Buildings ” and each a “ Building” ),
as set forth in
Exhibit A
to this Lease, containing approximately 175,009 rentable square feet of space in their
entirety, and the Exterior Areas (as defined in Section 1.2
below), commonly known, collectively, as
“Sunnyvale Business Center.”
The approximate rentable square footage of the Buildings are as
follows:
920 DeGuigne Drive 58,169 rentable sq. ft.
930 DeGuigne Drive 45,724 rentable sq. ft.
950 DeGuigne Drive 71,116 rentable sq. ft.
3. Lease Term
(
Article 2
).
3.1
Lease Term:
The initial term of this Lease (the “
Initial Lease Term
”)
shall commence on the Lease
Commencement Date and end on the Lease Expiration Date (or any earlier date on which this Lease
is terminated as provided herein). As used herein “ Term ”
shall mean the Initial Lease Term and
any extension of the Term pursuant to the provisions of this Lease.
3.2
“
Lease
Commencement
Date ”:
December 1, 2011; provided, however, that the Lease Commencement Date shall be delayed day-
for-day for each day of actual delay in the “Substantial Completion Date” (
as defined in the Tenant
Work Letter attached hereto as Exhibit B (“ Tenant Work Letter ”)) caused by “
Excusable
Delay
”
(
as defined in the Tenant Work Letter).
3.3
“
Lease Expiration
Date
”
:
The day immediately preceding the eighth (8
) anniversary of the Lease Commencement Date.
th