EXHIBIT 10.4
FIRST AMENDMENT TO LEASE AGREEMENT
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THIS FIRST AMENDMENT TO LEASE AGREEMENT ("First Amendment") is entered
into on September __, 2001 by and between SHUWA INVESTMENTS CORPORATION, a
California corporation ("Landlord"), and Daniel, Mann, Johnson & Mendenhall
Inc., a California corporation ("DMJM") and AECOM Technology, Inc., a Delaware
corporation ("AECom"). Together, DMJM and AECOM are referred to herein as
"Tenant".
RECITALS:
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A. Landlord and Tenant are parties to that certain Lease Agreement (the
"Lease Agreement") dated June 1, 2001 for the Premises (as defined in the Lease)
in the Project (as defined in the Lease) located in Los Angeles California and
commonly known as "Arco Plaza". The Premises consists of space on the 3rd, 4th,
8th and 9th floors in the office tower at 515 South Flower Street Los Angeles,
California and on the 37th floor in the office tower at 555 South Flower Street
Los Angeles, California. Unless the context requires otherwise, as used in this
First Amendment, the term "Lease" shall include the Lease Agreement as amended
by this First Amendment. All capitalized terms not defined herein shall have the
same meaning ascribed to them in the Lease.
B. Landlord and Tenant desire that the Lease Agreement shall be amended to
provided for month-to-month lease of certain space in the Project as provided
below.
NOW, THEREFORE, the parties agree to amend the Lease Agreement as
follows:
1. Amendments To Lease.
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1.1 Temporary Space. Pursuant to Section 30.10 of the Lease
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Agreement, Landlord hereby leases to Tenant, on a month-to-month basis, that
certain space consisting of eleven thousand and ninety eight (11,098) rentable
square feet of space (the "Temporary Space") as shown on the attached Exhibit A,
effective on the Effective Date (as defined below). The Effective Date shall
mean the date Landlord delivers the Temporary Space to Tenant following the
mutual execution and delivery of this First Amendment. Except as otherwise
provided herein, the Temporary Space shall be deemed part of the Premises for
all purposes under the Lease.
1.2 Month-to-Month Lease Term. The lease of the Temporary Space may
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be terminated by either Landlord or Tenant by delivery of thirty (30) days
written notice of such termination to the other party.
1.3 Monthly Rent. The Monthly Rent for the Temporary Space shall be
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Twenty Two Thousand One Hundred and Ninety Six Dollars ($22,196.00). Such
monthly rent shall be paid concurrently with the rent for the remainder of the
Premises.
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FIRST AMENDMENT DMJM AND AECOM
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1.4. Direct Expenses. No Direct Expenses shall be payable with respect
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to the Temporary Space.
1.5. As-Is Condition. Tenant acknowledges that it has fully inspected
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the Temporary Space and accepts such space in its "AS-IS" condition. The
Temporary Space shall be delivered in broom-clean condition and free of debris.
In no event shall Landlord be obligated to make any improvements or alterations
to the Temporary Space. Landlord shall not provide any economic concessions
(such as improvement allowance or free rent) with respect to the Temporary
Space.
1.6 Section 30.10 This First Amendment shall be deemed to satisfy
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Landlord's obligations to provide space to Tenant under Section 30.10 of the
Lease.
2. No Brokers. Tenant represents and warrants to Landlord that Tenant has
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dealt with no brokers or similar persons or entities in connection with this
agreement and that, insofar as Tenant knows, no brokers or similar persons or
entities are entitled to any commission in connection herewith.
3. Affirmance. Except as expressly amended hereby, all of the terms,
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covenants, conditions, provisions and agreements of the Lease remain unchanged
and in full force and effect.
4. Present Status. Tenant certifies to Landlord that, to the best of
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Tenant's knowledge, as of the execution and delivery of this letter agreement by
Tenant, Landlord is not in default under the Lease by reason of failure to
perform any obligations thereunder and there is no circumstance, event,
condition or state of facts which, by the passage of time or the giving of
notice, or both, could constitute or result in such a default.
5. Submission Of Agreement. The submission of this document to Tenant or
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Tenant's broker, agent or attorney for review or signature does not constitute
an offer. This document shall not be binding unless and until it is executed and
delivered by both parties hereto.
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FIRST AMENDMENT DMJM AND AECOM
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IN WITNESS WHEREOF, Landlord and Tenant have duly executed this First
Amendment as of the day and year first written above.
LANDLORD
SHUWA INVESTMENTS CORPORATION,
a California corporation
By: /s/ Takaji Kobayashi
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Takaji Kobayashi
Its: President
TENANT
Daniel, Mann, Johnson & Mendenhall Inc., a California corporation and
By: /s/ Ray Landy
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Ray Landy
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PRINT NAME
Its: SR. V.P.
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TITLE
By: /s/ Fred Gans
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Fred Gans
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PRINT NAME
Its: V.P.
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TITLE
AECOM Technology, Inc., a Delaware corporation
By: /s/ Joseph A. Incaudo
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Joseph A. Incaudo
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PRINT NAME
Its: EXEC. V.P.
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TITLE
By: /s/ Stephanie A. Hunter
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Stephanie A. Hunter
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PRINT NAME
Its: Chief Admin Officer, VP
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TITLE
3
ARCO PLAZA
NORTH TOWER
515 SOUTH FLOWER STREET
LOS ANGELES, CALIFORNIA
EXHIBIT -A-
PREMISES FLOOR PLAN
[PLANT MAP]
Suite 500
11,098 RSF