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EXHIBIT 10.004
SUPPLEMENT NO. 2 TO CONSTRUCTION AGENCY AGREEMENT
(NEWPORT NEWS PROPERTY)
THIS SUPPLEMENT NO. 2 TO CONSTRUCTION AGENCY AGREEMENT, dated as of June
6, 2001 (this "Supplement"), is entered into by and between THE SYMANTEC 2001
TRUST, a Delaware business trust (the "Lessor"), and SYMANTEC CORPORATION, a
Delaware corporation (the "Construction Agent"). Capitalized terms used but not
otherwise defined herein shall have the meanings set forth in the Construction
Agency Agreement (as defined below).
PRELIMINARY STATEMENT
The Lessor and Symantec Corporation (the "Lessee") are parties to a
Master Lease, dated as of March 30, 2001, pursuant to which the Lessee has
agreed to lease the property described on SCHEDULE 1 from the Lessor (the
"Property").
The Lessor and the Lessee are also parties to a Construction Agency
Agreement, dated as of March 30, 2001 (as amended, supplemented or otherwise
modified from time to time, the "Construction Agency Agreement"), pursuant to
which the Lessor has appointed the Lessee as its sole and exclusive agent in
connection with the identification and acquisition of the Property and the
development and construction of the Improvements in accordance with the Plans
and Specifications.
The Lessor and the Construction Agent desire that the terms of the
Construction Agency Agreement apply to the Newport News Property and wish to
execute this Supplement to provide therefor.
NOW, THEREFORE, in consideration of the foregoing, and for other good
and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto covenant and agree as follows:
(a) The Lessor and the Construction Agent each acknowledges
and agrees that the construction of the Improvements and
the development of the Newport News Property shall be
governed by the terms of the Construction Agency
Agreement.
(b) Attached as SCHEDULE 2 is a true, correct and complete
copy of the Plans and Specifications for the Newport News
Property, as in effect on the date hereof.
(c) Attached as SCHEDULE 3 is a true, correct and complete
copy of the Estimated Project Costs for the Newport News
Property, as in effect on the date hereof.
(d) Attached as SCHEDULE 4 are the deductibles for the
insurance policies described in Section 6.1(a) of the
Construction Agency Agreement and the premium and the
deductibles for the insurance policies described in
Section 6.1(b) of the Construction Agency Agreement.
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(e) The Construction Agent acknowledges and agrees that, as
between itself and the Lessor, the Construction Agent
shall be solely responsible for reporting to all
applicable Governmental Authorities, to the extent
required by any Environmental Law, the existence of any
and all environmental contaminants existing on, in or
under the Property as of the date hereof or on any date in
the future, which environmental contaminants shall include
the ground water contaminants described in the
Environmental Audit.
(f) The Commitment Termination Date with respect to the
Property is October 4, 2002.
(g) This Supplement, upon its execution and delivery, shall
constitute a part of the Construction Agency Agreement.
(h) Each of the Lessor and the Construction Agent hereby
reaffirms its obligations under each of the other
Operative Agreements to which each is a party.
(i) This Supplement shall be effective as of May 1, 2001, for
purposes of entering into the Construction Contract for
the Newport News Property, dated as of May 23, 2001, by
and between the Construction Agent and Clancy & Theys
Construction Company.
[The signature page follows.]
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IN WITNESS WHEREOF, the parties hereto have caused this Supplement to be
duly executed and delivered by their proper and duly authorized officers as of
the day and year first above written.
SYMANTEC CORPORATION
By:___________________________________________________
Name:_________________________________________________
Title:________________________________________________
THE SYMANTEC 2001 TRUST
By: Wilmington Trust FSB, a federal savings bank,
not in its individual capacity but solely as trustee
By:___________________________________________________
Name:_________________________________________________
Title:________________________________________________
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SCHEDULE 1 TO CONSTRUCTION AGENCY AGREEMENT SUPPLEMENT NO. 2
DESCRIPTION OF NEWPORT NEWS PROPERTY
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SCHEDULE 2 TO CONSTRUCTION AGENCY AGREEMENT SUPPLEMENT NO. 2
PLANS AND SPECIFICATIONS
The Plans and Specifications are represented by the documents listed on the
attached Table of Contents, dated May 22, 2001, and Index of Drawings, dated
June 1, 2001, both prepared by CMSS Architects, PC.
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SYMANTEC OFFICE BUILDING
JEFFERSON CENTER FOR ADVANCED TECHNOLOGY
NEWPORT NEWS, VIRGINIA
I. CMSS Project No. 01-021
________________________________________________________________________
A. TABLE OF CONTENTS MAY 22, 2001
DIVISION 00 CONTRACT DOCUMENTS
00700.......................................................General Conditions of the Contract
00800.........................................................Supplementary General Conditions
DIVISION 01 GENERAL REQUIREMENTS
01010..........................................................................Summary of Work
01025..........................................Payment, Modification and Completion Procedures
01070............................................................................Abbreviations
01200....................................................Progress Documentation and Procedures
01300...............................................................................Submittals
01400...............................................................Quality Control Procedures
01410..............................................................Special Inspection Services
01500........................................................Temporary Facilities and Services
01710.................................................................................Cleaning
DIVISION 02 SITE WORK
02210..........................................Geotechnical Report (Supplementary Information)
02280...........................................................................Soil Treatment
02300..................................................................Earthwork for Buildings
02515..............................................................................Unit Pavers
02810.......................................................................Irrigation Systems
02900..............................................................................Landscaping
DIVISION 03 CONCRETE
03300...................................................................Cast In Place Concrete
1. 03450........................................... Architectural Precast Concrete
DIVISION 04 MASONRY
04200.............................................................................Unit Masonry
II. 04495 STONE LAVATORY COUNTERS
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DIVISION 05 METALS
05120.........................................................................Structural Steel
05210.............................................................................Steel Joists
05310...............................................................................Steel Deck
05400................................................................Cold Formed Metal Framing
05500.......................................................................Metal Fabrications
05510................................................................Metal Stairs and Railings
a.
b. DIVISION 06 WOODS AND PLASTICS
06200..........................................................................Rough Carpentry
06400...................................................................Architectural Woodwork
DIVISION 07 THERMAL AND MOISTURE PROTECTION
07115........................................................Self Adhesive Sheet Waterproofing
07160..................................................................Bituminous Dampproofing
07210......................................................................Building Insulation
07240...................................................Exterior Insulation and Finish Systems
07250.............................................................................Fireproofing
07275.............................................................................Firestopping
07411...........................................................Manufactured Metal Wall Panels
07412...................................................................Composite Panel System
07530....................................Single Ply Membrane Roofing - (Mechanically Fastened)
07700.........................................................Roof Specialties and Accessories
07900............................................................................Joint Sealers
DIVISION 08 DOORS AND WINDOWS
08110...................................................................Steel Doors and Frames
08211..............................................................Solid Core Flush Wood Doors
08305.............................................................................Access Doors
08410.......................................................................Aluminum Entrances
08710............................................................................Door Hardware
08800..................................................................................Glazing
08900......................................................Glazed Aluminum Curtain Wall System
B. DIVISION 09 FINISHES
09260.....................................................................Gypsum Board Systems
09300.....................................................................................Tile
09300...............................................................................Stone Tile
09511...............................................................Acoustical Lay In Ceilings
09650.......................................................................Resilient Flooring
09680...................................................................................Carpet
09825.......................................................................Variegated Coating
09900.................................................................................Painting
09950...........................................................................Wall Coverings
DIVISION 10 SPECIALTIES
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10165.....................................................Plastic Laminate Toilet Compartments
10400...................................................................Identification Devices
10425....................................................................................Signs
10522............................................Fire Extinguishers, Cabinets, and Accessories
10810.......................................................................Toilet Accessories
a. DIVISION 11 EQUIPMENT
2. Not Used
DIVISION 12 FURNISHINGS
12511.................................................................Horizontal Louver Blinds
12690................................................................................Entry Mat
DIVISION 13 SPECIAL CONSTRUCTION
Not Used
DIVISION 14 CONVEYING SYSTEMS
14240............................................................Hydraulic Passenger Elevators
DIVISION 15 MECHANICAL
Not Used
DIVISION 16 ELECTRICAL
Not Used
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SYMANTEC
NEWPORT NEWS, VA
CMSS PROJECT NO. 01-021
C. INDEX OF DRAWINGS JUNE 1, 2001
G101 TITLE SHEET
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C1 COVER SHEET
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C2 OVERALL SITE
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C3 SITE PLAN
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C4 SITE PLAN
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C5 SITE PLAN
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C6 SITE PLAN
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C7 DETAILS
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C8 DETAILS
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C9 E&S DETAILS
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L101 SITE PLAN
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L102 ENLARGED HARDSCAPE PLANS
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L201 DETAILS
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L301 PLANTING PLAN
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L302 ENLARGED PLANTING PLANS
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S101 STRUCTURAL NOTES
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S201 FOUNDATION PLAN
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S301 FOUNDATION SECTIONS
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S401 TYPICAL FOUNDATION DETAILS
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S501 SECOND FLOOR FRAMING PLAN
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S502 THIRD FLOOR FRAMING PLAN
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S503 ROOF FRAMING PLAN
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S504 SCREENWALL FRAMING PLAN
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S601 BRACED BAY ELEVATIONS AND DETAILS
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S701 FRAMING SECTIONS
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S702 FRAMING SECTIONS
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S801 TYPICAL FRAMING DETAILS
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S802 TYPICAL FRAMING DETAILS
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A101 FIRST FLOOR PLAN
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A102 SECOND FLOOR PLAN
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A103 THIRD FLOOR PLAN
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A104 ENLARGED PLANS - FIRST FLOOR
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A105 ENLARGED PLANS - SECOND AND THIRD FLOOR LEVEL
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A201 EXTERIOR ELEVATIONS
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A202 EXTERIOR ELEVATIONS
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A203 ENLARGED CURTAINWALL AND WINDOW ELEVATIONS/TYPES
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A301 WALL SECTIONS AND DETAILS
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A302 WALL SECTIONS AND DETAILS
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A303 MISCELLANEOUS DETAILS
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A401 ENLARGED STAIR PLANS AND DETAILS
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A402 ENLARGED ELEVATOR PLANS AND DETAILS
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A501 FIRST FLOOR REFLECTED CEILING PLAN
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A502 SECOND FLOOR REFLECTED CEILING PLAN
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A503 THIRD FLOOR REFLECTED CEILING PLAN
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A601 ROOF PLAN AND DETAILS
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A701 SCHEDULES
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A702 DOOR DETAILS
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A703 ENLARGED TOILET PLAN, ELEVATIONS AND DETAILS
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A704 WALL DETAILS
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F101 FIREPROOFING PLANS
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SCHEDULE 3 TO CONSTRUCTION AGENCY AGREEMENT SUPPLEMENT NO. 2
ESTIMATED PROJECT COSTS
PROJECT COSTS
($ in thousands)
COMPONENT COST PERCENT OF TOTAL
Land $10 .0%
Sitework/Parking 1,307 5.5%
Shell Cost 7,500 31.3%
Tenant Improvements 7,500 31.3%
Arch/Engineering/Legal/Consult/Comm 1,910 8.0%
City Fees/Inspection 500 2.1%
Finance/Interest 1,251 5.2%
Other 102 .3%
Contingency 3,920 16.3%
Total Project Cost $24,000 100.0%
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SCHEDULE 4 TO CONSTRUCTION AGENCY AGREEMENT SUPPLEMENT NO. 2
INSURANCE
LIABILITY INSURANCE COVERAGE DEDUCTIBLES
General Liability $20,000,000 combined single Deductible not to exceed
limit $25,000 per occurrence.
Product/Completed Operations $20,000,000 combined single Deductible not to exceed
limit $25,000 per occurrence
Auto Liability $20,000,000 combined single Deductible not to exceed
limit $25,000 per occurrence
Employer's Liability $10,000,000 combined single Deductible not to exceed
limit $25,000 per occurrence
HAZARD INSURANCE COVERAGE DEDUCTIBLES
All Risk/Builder's Risk Replacement Cost Deductible not to exceed
$50,000 per occurrence.
Delay in Start-Up or 18 months interest during 15 day deductible
Completion construction
WORKERS' COMPENSATION COVERAGE DEDUCTIBLES
Workers' Compensation Statutory Not Applicable
OTHER INSURANCE
The Construction Agent shall cause its subcontractors and agents to maintain
similar insurance as listed above with the exception of Hazard Insurance.
NOTE: THE ABOVE IS INTENDED AS AN OUTLINE. ACCEPTABLE INSURANCE IS SUBJECT TO
THE APPROVAL OF THE LESSOR AND THE AGENT.
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