Exhibit 10.26
SECOND AMENDMENT TO LEASE AGREEMENT
This Second Amendment to Lease Agreement made and entered into by and
between Commerce Street Associates, LLC ("Landlord") and Pinnacle Financial
Partners ("Tenant"), formerly known as TMP, Inc. ("Tenant").
WITNESSETH:
WHEREAS, Landlord and Tenant entered into that certain Lease Agreement
dated March 16, 2000, wherein Landlord leased to Tenant certain Premises in an
office building to be constructed at 110-120 Third Avenue North, Nashville,
Tennessee to be known as the MagneTek Building.
WHEREAS, the parties desire to amend the Lease as hereinafter set forth;
NOW THEREFORE, for and in consideration of the Premises and other good and
valuable consideration the parties agree as follows:
1. The office building is known as Commerce Center and is located
at 211 Commerce Street, Nashville, Tennessee.
2. The premises are herewith increased by 3,142 rentable square
feet (RSF), all of which are located on the third floor of the
building. Section 1(a) of the Lease Agreement is herewith
amended to reflect the total rentable square feet (RSF) to be
15,277.
3. The Tenant Improvement Allowance for the additional 3,142
rentable square feet shall be $18.00 per rentable square foot
($56,556.00) and is governed by EXHIBIT A TO SECOND AMENDMENT
TO LEASE AGREEMENT, WORK LETTER.
4. The "Commencement Date" for the additional space shall be
January 1, 2003.
5. Exhibit D, Minimum Rent, as included in the Lease Agreement is
herewith replaced by EXHIBIT B TO SECOND AMENDMENT TO LEASE
AGREEMENT, MINIMUM RENT. The additional space shall be at an
initial rate of $16.50 per rentable square foot and increase
incrementally in a similar fashion to the Minimum Rent for the
original premises.
6. From January 1, 2003 through December 31, 2003, Tenant shall
pay minimum rent on 1,800 rentable square feet of the
additional space. Beginning January 1, 2004, Tenant will pay
minimum rent on the entire 3,142 rentable square feet of the
additional space.
7. All other terms and conditions of the Lease shall remain in
full force and effect except as modified herein.
In Witness Whereof, the parties have executed this Second Amendment to
Lease Agreement as of the 12th day of February, 2002.
COMMERCE STREET ASSOCIATES, LLC
By: /s/ Robert C.H. Mathews
-----------------------
Its: Chief Manager
PINNACLE FINANCIAL PARTNERS
By: /s/ Hugh M. Queener
-----------------------
Its: CAO
----------------------
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THIRD AMENDMENT TO LEASE AGREEMENT
This Third Amendment to Lease Agreement made and entered into by and
between Commerce Street Associates, LLC ("Landlord") and Pinnacle Financial
Partners ("Tenant"), formerly known as TMP, Inc. ("Tenant").
WITNESSETH:
WHEREAS, Landlord and Tenant entered into that certain Lease Agreement
dated March 16, 2000, wherein Landlord leased to Tenant certain Premises in an
office building to be constructed at 110-120 Third Avenue North, Nashville,
Tennessee to be known as the MagneTek Building, and amended that Lease Agreement
on dates of September 2000 and December 12, 2002.
WHEREAS, the parties desire to amend the Lease as hereinafter set forth;
NOW THEREFORE, for and in consideration of the Premises and other good and
valuable consideration the parties agree as follows:
1. The office building is known as Commerce Center and is located
at 211 Commerce Street, Nashville, Tennessee.
2. The premises are herewith increased by 2,727 rentable square
feet (RSF), all of which are located on the sixth floor of the
building. Section 1(a) of the Lease Agreement is herewith
amended to reflect the total rentable square feet (RSF) to be
18,004.
3. The Tenant Improvement Allowance for the additional 2,727
rentable square feet shall be $18.00 per rentable square foot
($49,086.00) and is governed by EXHIBIT A TO SECOND AMENDMENT
TO LEASE AGREEMENT, WORK LETTER.
4. The "Commencement Date" for the additional space shall be June
1, 2004.
5. Exhibit D, Minimum Rent, as included in the Lease Agreement is
herewith replaced by EXHIBIT B TO THIRD AMENDMENT TO LEASE
AGREEMENT, MINIMUM RENT. The additional space shall be at an
initial rate of $21.33 per rentable square foot and increase
incrementally in a similar fashion to the Minimum Rent for the
original premises.
6. All other terms and conditions of the Lease shall remain in
full force and effect except as modified herein.
In Witness Whereof, the parties have executed this Third Amendment to
Lease Agreement as of the 12th day of December, 2004.
COMMERCE STREET ASSOCIATES, LLC
By: /s/ Robert C. H. Mathews
-----------------------------
Robert C. H. Mathews, Jr.
Its: Chief Manager
PINNACLE FINANCIAL PARTNERS
By: /s/ Hugh M. Queener
-----------------------------
Hugh M. Queener
Its: CAO and EVP
Page 103