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01-113 Lease with De Anza AquaticsRESOLUTION VIVO. O 1- 078 A RESOLUTION OF THE CITY COUNC:II, OF THE CITY OF CUPERTINO AUTHORIZING EXECUTION OF AN EXCLIJSIVE LEASE AGREEMENT WITH DE ANZA CUPERTINO AQUATICS FOR USE OF T'HE CUPERTINO SPORTS CENTER POOL AND OTHER RELATED FACILITIES WHEREAS, there has been presented to the: City Council a lease agreement between De Anza Cupertino Aquatics and the City of Cupertino for lease of certain space which includes the pool, detached Men's and Women's locker rooms, mechanical room, and storage./office azea of the building known as the Cupertino Sports Center located at 21111 Stevens Creek Boulevazd; and WHEREAS, the lease has been approved b:y De Anza Cupertino Aquatics as evidenced by the tenants signature on the least, dated 2-26-O1;-and WHEREAS, the provisions, terms, and conditions of the aforementioned agreement have been reviewed and approved by the City Attorney acid the Director of Pazks and Recreation. NOW, THEREFORE, BE IT RESOLVED drat the City Council of the City of Cupertino hereby authorizes the Mayor and the City Clerk to ~:xecute said agreement on behalf of the City of Cupertino. PASSED AND ADOPTED at a regulaz rr.~eeting of the City Council of the City of Cupertino this 19th day of Mazch 2001, by the following vote: Vote Members of the City Council AYES: Chang, Lowenthal, James NOES: ABSENT: Burnett ABSTAIN: ATTEST: /s/ Kimberly Smith City Clerk APPROVED: /s/ Sandra James Mayor, City of Cupertino LEASE OF A PORTION OF THE CUPERTINO SPORTS CENTER TABLE OF CONTENTS ARTICLE 1. LEASED PREMISES 1.01. Agreement to Lease 1.02. "Leased Premises" Defined 1.03. Right to Use Common Areas ARTICLE 2. TENANT'S BUSINESS USE/NON-COMPETITION 2.01. Permitted Business Use ARTICLE 3. TERM OF LEASE 3.01. Commencement Date and Term 3.02. Preliminary and Original Term 3.03. Confirmation of Term ARTICLE 4. RENT AND OTHER CHANGES 4.01. Fixed Rent 4.02. Maintenance and Repair Costs .~ ~_3,y.+ PGGS/C 112800 1 4.03. Utility Costs 4.04. Taxes 4.05. Additional Rent ARTICLE 5. MAINTENANCE AND USE OF COMMON AREAS 5.01. Maintenance and. Control 5.02. "Common Areas" Defined 5.03. Tenant's Right to~ Use Common Area 5.04. Tenant Parking ARTICLE 6. CONSTRUCTION ANI) REPAIRS 6.01. City Constructio:n/Condition of Premises 6.02. Tenant Construcrion 6.03. Alterations and Improvements By city 6.04 Inability of the Tenant to Utilize the Leased Premises Due to City Con:~truction, Alteration Maintenance, or Repair 6.05. Alterations and Improvements By Tenant 6.06. Repairs to Premises 6.07. Ownership of Improvements ARTICLE 7. DESTRUCTION OF LF;ASED PREMISES OR SPORTS CENTER 7.01. Notice of Dama€;e 7.02. Damage or Destivction From Insured Casualty 7.03. Right to Terminfite Lease 7.04. Payment of Inswrance Proceeds rcicasic i i2aoo 2 ARTICLE 8. USE OF LEASED PREMISES 8.01. Business Hours 8,02, Prohibited Actions 8.03. Compliance with Laws 8.04. Advertising and Signs 8.05. Assignment and Sublease ARTICLE 9. INDEMNITY AND INSURANCE 9.01. Indemnity 9.02. Insurance by Tenant 9.03. Subrogation Waiver 9.04. Proceeds ARTICLE 10. CONDEMNATION 10.01. Termination of Lease 10.02. Continuation of Lease 10.03. Option to Terminate Lease 10.04. Condemnation Award 10.05. Waiver ARTICLE 11. DEFAULT AND TERMINATION 11.01. "Default" Defined 11.02. Termination of Lease and Recovery of Damages 11.03. City's Right to Continue Lease in Effect ~c~sic >>2soo 3 11.04. City's Right to Relet 11.05. City's Right to Cure Tenant Defaults 11.06. Cumulative Remedies 11.07. Waiver of Breach 11.08. Surrender on Termination 11.09. Holdover Tenan~~y 11.10. Attorney's Fees ARTICLE 12. MISCELLANEOUS 12.01. Landlord-Tenant Relationship 12.02. City's Right of F;ntry 12.03. Interest on Obli€;ations 12.04. Notices 12.05. Binding on Heirs and Successors 12.06. Time of Essence 12.07. Sole and Only Agreement 12.08. Invalidity or Unenforceability 12.09. Waivers 12.10. Captions PC/C/S/C 112800 4 SPORTS CENTER LEASE This Lease is entered into on 2001, by and between the City of Cupertino, a California municipality ("City") and De Anza Cupertino Aquatics, hereinafter referred to as DACA, anon-profit corporation, organized under the laws of the state of California ("Tenant"). ARTICLE 1. LEASED PREMISES Agreement to Lease 1.01. In consideration of the agreements and covenants contained in this Lease to be kept and performed by both City and Tenant, City leases to Tenant and Tenant leases from City the premises described in Paragraph 1.02. of this Lease. "Leased Premises" Defined 1.02. "Leased Premises" means that certain space which includes the pool, detached Men's and Women's locker rooms, mechanical room, and storage/office azea of the building known as the Cupertino Sports Center located at 21111 Stevens Creek Blvd., Cupertino, California. Right to Use Common Areas 1.03. Except as specifically stated in subsection 503 (a), Tenant has the non- exclusive right to use, in common with others, and subject to the restrictions and conditions contained in the Lease, the Common Areas of the Sports Center. The term "Common Area" is defined in Paragraph 5.02. of this Lease. rcicasic i~zsoo ARTICLE 2. Tenant's Business Use/Non-Competition Permitted Business Use 2.01. Subject to the restrictions and conditions contained in Paragraph 2.02. of this Lease, Tenant is leasing the leased premises for the sole purpose of operating and conducting the business of providing a swim instruction program. Tenant may not use the leased premises or permit the leased prf;mises to be used for any unrelated purpose, unless agreed upon in writing by the City. ARTICLE 3. TERM OF THE LEASE Commenceme:nt Date and Term 3.01. The original term of this Le;~se shall be for a period of five years beginning on the Commencement Date. Th.e Commencement Date is April 1, 2001. Preliminary and Original Term 3.02. The period beginning on the: date of the execution of this Lease and ending on the day immediately preceding the Commencement Date shall be the "Preliminary Term" of this Lease. The period beginnin€; on the Commencement Date and continuing until the expiration date or earlier termination of this Lease shall be the "Original Term" of this Lease. Unless otherwise specified, references in this Lease to the "Term of This Lease" include both the Preliminary Term and the Original Term. Tenant's obligation to pay rent and/or other monetary amounts required under this Lease shall be abated during the Preliminary Term; otherwise, all provi:~ions, covenants, and conditions of this Lease shall apply to Tenant during the Preliminary Term. Confirmation of Term 3.03. Following the determinatio n of the Commencement Date and Termination pcicisic ~ i2soo Date of the Original Term of this Lease, City and Tenant shall each execute, at the option of City, a written statement prepazed by City confirming those dates. ARTICLE 4. RENT AND OTHER CHARGES Rent 4.01. Beginning on the Commencement Date and continuing throughout the term of the Lease, Tenant shall pay a monthly rent to City as follows: April 1, 2001 - Mazch 31, 2002 $2,8~ April 1, 2002 - Mazch 31, 2003 $2,958 April 1, 2003 - Mazch 31, 2004 $3,076 April 1, 2004 - Mazch 31, 2005 $3,199 April 1, 2005- Mazch 31, 2006 $3,317 Said rent shall be paid to City without deductions or offsets at the address set forth in this Lease for giving notices to City. Maintenance and Repair Costs 4.02. City shall be responsible, at its sole cost, for maintaining the Leased Premises, including doorways, windows, sidewalks, and halls adjacent to the Leased Premises in good repair and sanitary order, condition, and repairs, normal weaz and teaz excepted; provided, however, Tenant shall be responsible for any maintenance or repair of any damage to the Leased Premises or to the Cupertino Sports Center caused by the intentional or negligent conduct of Tenant, Tenant's employees, customers, or guests. Any costs incurred by City for any maintenance or repair of any damage caused by Tenant, its employees, customers, or guests described above shall be chazged and collected by the City as additional rent. Utility Costs 4.03. Beginning on the commencement date, DACA shall be responsible for PC/GS/C 112800 payment of all utility costs applicable to the Leased Premises, including water, electricity, gas, gazbage collection, janitorial, and daily pool maintenance. With respect to electrical and water utilities, in lieu of separate metering, Tenant shall pay to City, as additional rent, the following monthly sums for electrical and water utilities: April 1, 2001 -March 31, 2002 $333.00 April 1, 2002 - Mazch 31, 2003 $346.00 April 1, 2003 -March 31, 2004 $360.00 April 1, 2004 -March 31, 2005 $374.00 April 1, 2005- Mazch 31, 2006 $384.00 Tenant shall be responsible for its own telephone service, and shall provide its own office equipment, furnishings, and cleaning services. The City reserves the right to meet as needed with the Executive Director of DACA to review utility costs associated with DACA's use of the pool, cabana lockers, office, and mechanical room. As utility costs fluctuate, DACA will still be responsible for 100% of the utility costs associated with their operation. '.faxes 4.04. •Beginning on the commencement date, Tenant shall pay all applicable taxes associated with its tenancy including, but not limited to, any possessory interest property tax and business license tax levied by any governmental entity. Additional Rent 4.05. In addition to the Rent payable by Tenant under this Lease, any other monetary sum required to be paid under this Lease to be paid by Tenant to City or to others is deemed under this Lease to be additional rent payable by Tenant under this PGGS/C 112800 Lease whether or not the monetary sum is so designated as additional rent. Unless otherwise provided, all undisputed additional rent is due and payable at the same time as Rent, and City has the same remedies for Tenant's failure to pay undisputed additional rent as it has for Tenant's failure to pay Rent. t~casic t t2soo 9 ARTICLE 5. MAINTENANCE A]vD USE OF COMMON AREAS Maintenazice and Control 5.01. All common azeas (defined in Pazagraph 5.02. of this Lease) of the Cupertino Sports Center are subject to the exclusive control of the City. City may construct, maintain, operate, illuminate, ar~d manage the common areas in a manner determined appropriate by City in its sole discretion. Subject to the provisions of Article 6 of this Lease (regazding construction and repairs), City reserves the right from time to time during the term of this Lease to 1) reduce or change the number, size, type, location, and use of any facilities in the common azc:a, (2) to construct new improvements, buildings, or facilities, or (3) remove existing improvements, buildings, or facilities in the common azeas. City may employ and dischazge all personnel hired in connection with the common areas; police, and maintain security services for, the common areas for any purpose; regulate pazking by Tenant, its employees, customers and guests; establish, modify, and enforce rules and regulations for the common azeas and subject to the provisions of Article 6 of this Lease, close the common azeas when necessary to make repairs, changes, or alterations to the common azeas. In the event of a temporary closure of the common azeas or the alteration, reazrangement, or other changes in the facilities of the common areas (1) City shall not be liable to Tenant for any resulting loss or damage (2) Tenant shall not be entitled to any abatement of rent or other compensation; and (3) the closure, alteration, rearrangement or other change shall not constitute an actual or constructive eviction of Tenant or other grounds for Tenant to terminate this Lease. ~cisic ~ t2soo 10 "Common Areas" Defined 5.02. "Common Areas" means those areas, facilities, space and equipment made available by City for common and joint use and benefit of City, Tenant and other users of the Cupertino Sports Center, including their respective employees, customers and guests. "Common Areas" includes only the following; to the extent provided by City: parking areas, driveways, access roads, landscaped areas, truck service ways, loading facilities, restrooms, ramps, sidewalks, pool, pool deck and detached poolside locker rooms, mechanical room, and storage/office area. Tenant's Right to Use Common Area 5.03. (a) Subject to the provisions of Articles 5 and 6 of this Lease, Tenant and its employees shall have the exclusive use of the swimming pool, pool deck and detached poolside locker rooms, mechanical room and storage/office area from September 1 through May 31 of each year of the term of this lease. 5.03 (b) Subject to the provisions in Articles 5 and 6 of this Lease, City, during the term of this lease, grants to Tenant and its employees, customers and guests, the non- exclusive right in common with City and all others to whom the City has or may grant the right, to use the Common Areas subject to Tenant's compliance with any rules and regulations enacted or modified by City that govern the use of the Common Areas. Tenant agrees to abide by and to use its best effort to cause its employees, customers and guests to abide by City's rules and regulations for the Common Areas. rcic~c ~ t2soo 11 Tena~it Pazking 5.04. Notwithstanding Tenant's right to the non-exclusive use of the parking area at the Cupertino Sports Center, City rf;serves the right, should the available parking not be sufficient to meet the demands of all users of the Sports Center, to designate no more than 20 pazking spaces for Tenant's exclusive use. In the event of said designation, Tenant shall insure that Tenant, its employees, customers and guests shall pazk only in those spaces designated for Tenant's use. 1otwithstanding the above, Tenant's employees, contractors, consultants are required to pazk behind tennis courts #2 through #5. on the premises. ARTICLE 6. COI\fSTRUCTION AND REPAIRS City Construc~:ion/Condition of Premises 6.01.(b) Tenant has at the time of a;xecution of this lease inspected the leased premises and accepts it in its "as is" condition. If significant changes negatively impact the "as is" condition of the leased space after the time of the execution of the lease but before commencement, the City will restore the leased space to the original "as is" condition. Tenant Construction 6.02.(a) Tenant assumes all liability for personal injury or property damage in any way arising out of the performance of Tenant's Work. Further„ Tenant agrees to defend, indemnify, and hold harmless City against all damages, liabilities, or other costs or expenses (including legal fees and cost:;) that City may pay as a result of any claim or lawsuit arising from Tenant's Work. rcicisic ~ i2soo 12 Alterations and Improvements by City 6.03. City may, at any time with thirty (30) days prior written notice to Tenant, make additions or alterations to the Cupertino Sports Center, including the Leased Premises. City may also construct additional improvements or buildings in the Cupertino Sports Center, expand or reduce the size of the Cupertino Sports Center, and enclose any open areas of the Center. Further, City may at any time use any part of the exterior walls, roof, or airspace above. finished ceiling of the Leased Premises to carry out any construction described in this paragraph or any repairs described in Paragraph 6.06. or Article 7. Inability of the Tenant to Utilize the Leased Premises Due to City Construction, Alteration Maintenance, or Repair 6.04 In the event that the City's construction, alterations, maintenance or repairs of the Cupertino Sports Center (as described in Paragraphs 5.01 and 6.03 of this Lease) result in the inability of the Tenant to use the Leased Premises for its swim instruction program, the rent described in Paragraph 4.01 of this Lease shall be abated during said period of inability. In the event that said inability continues for a period of 90 consecutive days, or more, Tenant, upon written notice to the City, may terminate this Lease prior to its expiration without further obligation or duty on the part of either party. The remedies contained in this subsection constitute the sole remedies available to the Tenant should it be unable to use the Leased Premises due to City's construction, alteration, maintenance, or repair of the Cupertino Sports Center. Neither the City nor its officers or employees will be liable to for any damages or loss caused by the Tenant's inability to utilize the Leased Premises under the above-described conditions. Except as pacisic t tz8oo 13 described herein, the construction, alteration, maintenance or repair which causes the Tenant to be unable to utilize the Leased Premises shall not constitute an actual or constructive eviction of Tenant or other gr~~unds for Tenant to terminate this Lease. City shall provide tenant with a minimum of 90 days written notice prior to undertaking construction alterations, maintenance or repairs of the Cupertino Sports Center which will result in the tenant's inability to use the Leased Premises. Alterations and Improvements by Tenant 6.05. Except for Tenant's Work described in Paragraph 6.02., Tenant may not make any major alterations or improvements including installation of storage units to the Leased Premises during the term of this Le;ase without first obtaining written consent of City. City's consent to any such alterationc~ or improvements shall not be unreasonably withheld. Any alterations or improvements approved by Ciiy shall be performed pursuant to plans and specifications previously approved by City for specific alterations and improvements shall not in any way interfere with normal operations of the Cupertino Sports Center, and in all respects shall comply with the requirements for Tenant's Work described in Paragraph 6.02. of this Lease. Repair:; to Premises 6.06. City shall, at its sole cost, maintain and keep in good order, condition, and repair the Leased Premises. City's obligation for repairs under this Pazagraph extends only to damage not caused by Tenant or Tenant's employees, customers and guests. City is not obligated to make any repair, except: in the case of emergency, until it receives written notice from Tenant of the necessit;~ for the repair. In making any repairs, City shall use its best efforts to perform the work with a minimum of disruption to Tenant's Pcicisic i i2goo 14 business. Any emergency repair will be completed within 24 hours on notification. City agrees to commence all other repair work within one working week of notification. PC/C/S/C 112800 1 S Ownership of Improvements 6.07. All alterations, additions, and improvements, except for Tenant's stock in trade, trade fixtures, furniture and furnishings or storage units, made or placed in or on the Leased Premises by Tenant or any other person shall on expiration or earlier termination of this Lease, become the property of City and remain on the Leased Premises. City shall have the option, howe:ver, on expiration or termination of this Lease, of requiring Tenant to remove any or all such alteration, additions, and improvements from the Leased Premises. ARTICLE 7. DESTRUCTION OF PREMISES OR CUPERTINO SFORTS CENTER Notice of Damage 7.01. Within 24 hours of its occwTence, Tenant shall notify City of any damage or accident occurring on the Leased Premi:yes. Damage or Destructi~~n From Insured Casualty 7.02. Subject to the limitations set forth in this Paragraph, if at any time during the term of this Lease, the Premises aze damaged or destroyed by fire or any other casualty covered by City's fire and extended coverage insurance, City shall promptly repair, rebuild, or restore the Premises to substantially the same condition as was originally delivered to Tenant under this Lease. Notwithstanding the foregoing, City shall not be obligated to expend for repair:; or rebuilding an amount in excess of the net insurance proceeds for damage to the Premises recovered by it. "Net Insurance Proceeds" means the total amount of proce:eds recovered and attributable to the Premises, raasic > >2800 16 less any expenses incurred by City in recovering the proceeds. City shall commence repair, restoration, or rebuilding work, as appropriate, not later than 60 days after the occurrence of the event causing damage or destruction, and shall cause construction to be completed not later than 6 months after the occurrence of the event causing damage or destruction. If City does not commence or complete construction within the time periods described in this Paragraph, Tenant shall have the right to terminate the Lease by giving City written notice within 10 days after expiration of the applicable time period. Right to Terminate Lease 7.03. Notwithstanding Paragraph 7.02. of this Lease, City shall have the right to terminate this Lease and shall have no obligation to repair, restore, or rebuild the Premises or the Cupertino Sports Center, as the case may be, under any of the following circumstances: (a) The leased Premises are damaged or destroyed by a casualty not covered by City's insurance. (b) The pool in the leased Premises is damaged or destroyed by any cause (whether or not the damage or destruction actually includes the Premises), and the cost of repair, restoration, or rebuilding exceeds a total of forty-five (45%) percent of the then-replacement cost of the pool. If City elects to terminate this Lease under any of the above circumstances, City shall give written notice to Tenant not later than 30 days after occurrence of the casualty. This notice shall set forth the date on which the termination is to be effective. That date shall be not less than 30 days nor more than 60 days after the date of the termination notice. Basic ~ tzaoo 17 Payment of Insurance: Proceeds 7.04. All insurance proceeds payable with respect to the Premises shall belong to and be payable to City. If City does not elect to terminate this Lease, the insurance proceeds, shall be disbursed in the following order: first, to City's cost of rebuilding or restoration; second, to Tenant's cost of rebuilding or restoration, excluding costs covered by Tenant's insurance. ARTICLE 8. USE OF PREMISES Busin~:ss Hours 8.01. Beginning on the commencement date, Tenant shall maintain an office facility at all times during its normal hours of operation. Tenant shall determine its own hours of operation provided that said hours are between 8:00 a.m. and 9:30 p.m. Monday through Friday and 8:00 a.m. through 3:30 p.m. Saturday through Sunday. Prohibil:ed Actions 8.02. Tenant may not do any of the following on the Leased Premises: a) Permit or commit any waste. b) Operate, cause, or permit to be operated any catalogue, mail, or telephone order sales in or from the Premises, except for the incidental sale of merchandise that Tenant is permitted to sell on the Leased Premises to customers, except as otherwise approved in writing by the City. c) Permit or conduct any publi~~ or private auction on the Leased Premises or any sale, that would or would tend to india~te that Tenant is going out of business, is bankrupt, or has lost its lease. pacisic t izsoo ~ g d) Place or permit the placement of any pay telephone, vending machines, or amusement or video games on the Leased Premises. e) Use or permit the Common Areas adjacent to the Leased premises to be used for the display or sale of merchandise for any other business purpose unless consented to in writing by City. i) Permit the making of any noise or sounds that carry beyond the boundaries of the Leased Premises, whether through loudspeakers, other types of electronic devices, or otherwise. g) Conduct or permit any type of unlawful conduct on the Leased Premises. h) Other than for daily maintenance, store or use of hazardous substances or materials on the Leased Premises must follow City, State, and Federal law. Compliance with Laws 8.03. At its sole expense, Tenant shall comply with all governmental laws, rules, regulations, orders, and ordinances relating to the Leased Premises and to the use and occupancy of the Leased Premises. Tenant shall also maintain and keep in force all licenses and permits required by government authorities and shall comply with all requirements, recommendations, and regulations of City's and Tenants insurance companies. Advertising and Signs 8.04. (a) Tenant shall include the name of Cupertino Sports Center in any advertising of its swim lesson instruction business, except that permitted signs located on the Leased Premises or at the Cupertino Sports Center need not contain the name of the Center. PC1C/s/C 112800 19 (b) Tenant shall not place, install, or maintain any sign, awning, canopy, advertising, or other matter on the exterior of the Leased Premises (whether out of doors or indoors), including any window or door, unless it obtains prior approval of City. Tenant shall maintain all signs and other items described in the Paragraph in good condition and repairs. Assignment and Sublease 8.05. (a) Tenant shall not do any of the following without first obtaining written consent of City: assign, sell, mortgage, or in any other manner transfer this lease or any interest of Tenant in the Lease; sublet the whole or any part of the Leased Premises; or permit all or any part of the Leased Premi:>es to be occupied by others (whether through the grant of a concession, license, or otherwise). Any consent requested from City may be given or withheld by City as City in its sole discretion determines. Any consent given by City under this Paragraph applies only to the specific transfer transaction for which it is given, and City's consent to a specific transfer transaction does not relieve or excuse Tenant from the requirement that Tenant obtain the prior written consent of City for any subsequent transaction. Any transfer described in this Paragraph, whether made with or without City's prior written consent, does not relieve Tenant of applicable terms and covenants under this Lease (including the payment of rent), unless City executes a written agreement for a specific transfer that provides otherwise. The prohibition against transfer described in this Paragraph includes any ti-ansfer transaction described above that occurs by operation of law, legal process, receivership, bankruptcy or otherwise, whether voluntary or involuntary. (b) Without in any way waiving its right to approve or disapprove any transfer PC/C/S/C 112800 ZQ transaction described in this Pazagraph, City may (1) collect rent from any assignee, Subtenant, user, or occupant of the Leased Premises following any transfer described in this Paragraph, whether or not City gave its prior written consent for the transfer, and (2) apply the collected amount to the rent due from Tenant under this Lease. (c) The transfer of corporate shazes of the corporate Tenant by assignment, sale, bequest, inheritance, operation of law, or their disposition shall not be considered a prohibited transfer transaction under this Lease if it results in the individual Tenant remaining as the authorized representative of the corporate Tenant for purposes of the agreement. ARTICLE 9. INDENINIFICATION AND INSURANCE Indemni 9.01. Tenant agrees to indemnify and hold harmless City, its officers, employees, and elected off cials, boards, and commissions from all suits, actions, claims, causes of action, costs, demands, judgments and liens arising out of Tenant's performance under the Lease, including Lessee's failure to comply with or carry out any of the provisions of this Lease. Insurance by Tenant 9.02. (a)Tenant shall, at its own cost and expense procure and maintain during the entire term of this Lease the following insurance coverage: 1) Comprehensive general public liability insurance insuring against the risks of bodily injury, property damage, and personal injury liability occurring on the Leased Premises or arising out of Tenant's use or occupancy of the Premises and the Cupertino Sports Center, with a combined single limit of liability of at least racasic ~ tzsoo 21 $2,000,000.00 including, but not limited to, coverage for Premises' operations, broad form blanket contractual coverage, and standard personal injury coverages A, B, and C. 2) Fire and extended coverage insurance, and vandalism and malicious mischief insurance, insuring Tenant's fixtures, goods, wares, and merchandise in or on the Leased Premises for 100% of their insurable and replacement cost, without deduction for depreciation. 3) Business intf;rruption insurance, payable in the event of a loss covered by fire and extended coverage: or vandalism and malicious mischief insurance Tenant is required to maintain,vl an amount not less than the amount of Tenant's Rent for a twelve month period following any damage or destruction. 4) Worker's cornpensation insurance as required by the laws of the State of California. (b) Any insurance policy Tenant is required to procure and maintain under this Lease shall be issued by a responsible insurance company or companies licensed to do business in the State of Caliornia. Further, each such policy shall provide that it may not be canceled, terminated, or changed except after 30 days prior written notice to City. Tenant may maintain all or part of the insurance required under this Lease by means of a blanket insurance policy so long as the provisions of this Article are satisfied. Tenant must deliver to City duplicate originals or certificates of all insurance policies procured by Tenant. (c) Tenant may not do, omit to do, permit to be done, or keep anything in or on the Leased Premises that will viol;ite the provisions of City's fire and extended coverage insurance policy or otherwise adversely affect the premiums paid by City or Paasrc >>zsoo - 22 City's ability to maintain the insurance in effect. If any such act or omission by Tenant results in an increase in City's premiums for any policies on the Premises or the Cupertino Sports Center, Tenant shall pay the amount of the increase. City may also, at City's option, rectify the condition causing the increase if Tenant fails to do so. In that case, on demand of City, the amount expended by City shall be immediately due and payable by Tenant as Additional Rent. (d) If during the term of this Lease Tenant fails to secure or maintain the insurance required under this Lease, City may obtain the insurance for the Premises in Tenant's name or as the agent of Tenant, and Tenant shall compensate City for the cost of the insurance premiums. Tenant shall reimburse City the full amount paid no later than 30 days from the date written notice is received that the premiums have been paid. A failure by Tenant to make reimbursement within the time required under this Subparagraph shall be considered a default under this Lease. Subro ation Waiver 9.03. City and Tenant agree that in the event of loss due to any of the perils for which they have agreed to provide insurance, each party shall look solely to its insurance for recovery. City and Tenant hereby grant to each other, on behalf of any insurer providing insurance to either of them with respect to the Premises, a waiver of any right of subrogation that any such insurer of one party may acquire against the other by virtue of payment of any loss under that insurance. Proceeds 9.04. Except as otherwise provided in this Lease, proceeds from any policy or policies shall be payable to the party responsible for the payment of insurance premiums. Pcicisic ~ i2goo 23 ARTICLE 10. CONDEMNATION Termination of Lease 10.01. If at any time during the term of this Lease, title and possession of all of the Premises or of 10 percent or more of th.e gross floor azea of the Leased Premises is taken under the power of eminent domain ley any public or quasi-public agency or entity, this Lease shall terminate as of 12.01 A.M of the date actual physical possession of the leased Premises is taken by the agency or a;ntity exercising the power of eminent domain. Thereafter, both City and Tenant shall be released from all obligations under this Lease, subject to the provisions of Pazagraph 10.04. of this Lease. Continu~ltion of Lease 10.02. If the portion of the leased }'remises taken under the power of eminent domain is less than 10 percent of the gross floor azea of the leased Premises, the following will occur: (a) This Lease shall terminate as to the portion taken as of 12:01 A.M. of the day actual physical possession of th~lt portion of the Premises is taken by the agency or entity exercising the power of erninent domain (the "date of taking"). (b) This Lease shall continue in effect for the remainder of the Premises not taken. Beginning on the day and at the time described in Subparagraph (a) of this Pazagraph, the Fixed Rent payable ley Tenant under this Lease shall be reduced by the same proportion that the gross floor are;a taken bears to the gross floor azea of the Premises prior to the taking. Promptly after the taking described above, City shall, at City's expense, restore the Premises not taken by eminent domain to a condition making the Premises tenantable by Tenant for the rises permitted by this Lease; and Tenant shall, PC/C/S/C 112800 24 at Tenant's expense, make all necessary repairs to Tenant's fixtures, equipment, and furnishings. Option to Terminate Lease 10.03. City shall have the right to terminate this Lease if title and possession of the following is taken under the power of eminent domain, whether or not the taking includes any portion of the leased Premises: (a) More than 50 percent of the pool azea containing the Leased Premises; (b) More than 25 percent of the Common Areas of the Cupertino Sports Center; (c) All or a portion of the parking azea of the Cupertino Sports Center, provided the taking causes the Center to violate the requirements of the then-applicable zoning law governing the size, location, layout, or other features of the pazking area. Notwithstanding the foregoing, this Lease shall continue in full force and effect if City, immediately after the agency or entity exercising the power of eminent domain takes actual physical possession of the pazking azea, commences to correct the circumstances giving rise to the right to terminate this Lease, either through obtaining a variance or an exception to the then-applicable zoning law or by providing additional substitute pazking azeas. This action must be at City's sole cost and expense. City may exercise the foregoing right to terminate this Lease by giving written notice to Tenant at least 30 days prior to the termination date, which shall be the date actual physical possession of the Premises is taken by the agency or entity exercising the power of eminent domain. PC/C/S/C 112800 25 Conderr.~nation Award 10.04. If at any time during the term of this Lease, title and possession of all or any portion of the Premises or the Cupertino Sports Center is taken under the power of eminent domain, the compensation or dan-ages for the taking shall be awarded to and be the sole property of City, and Tenant shall have no right or claim to that compensation or damages. ~JVaiver 10.05. City and Tenant each agree: that this Lease shall govern the respective rights and obligations of each party in the event of a taking by eminent domain. City and Tenant each hereby waives any right either may have at law to petition the court for termination of this Lease in the event of a partial taking of the leased Premises. ARTICLE 11. DEFAiJLT AND TERMINATION "Default" Defined 11.01. The occurrence of any of t}ie following constitutes a default and breach of this Lease by Tenant: (a) Any failure by Tenant to pay the rent or to make any other payment required to be made by Tenant under this Lease, when the failure continues for 10 or more days after written notice from City to Tenant. (b) The abandonment c-f the Premises by Tenant. For these purposes, the absence of Tenant from or the failure by Tenant to conduct business on the Premises for a period in excess of 30 consecutive drays after the commencement date shall constitute an abandonment. (c) A failure by Tenant to observe or perform any other provision of rcic~sic i ~2aoo 26 this Lease to be observed or performed by Tenant when the failure continues for 30 days or more after written notice of Tenant's failure is given by City to Tenant; provided, however, that if the default cannot reasonably be cured within the 30 day cure period, Tenant shall not be deemed to be in default if Tenant commences the cure within the 30 day cure period and thereafter completes the curative action within a reasonable time. (d) The making by Tenant of any general assignment for the benefit of creditors; the filing by or against Tenant of a petition to have Tenant adjudged a bankrupt or of a petition for reorganization or arrangement under any law relating to bankruptcy the appointment of a trustee or receiver to take possession of substantially of all Tenant's assets located at the premises or of Tenant's interest in this Lease, when possession is not restored to Tenant within 30 days; or the attachment, execution, or other judicial seizure of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, when that seizure is not dischazged within 30 days. Termination of Lease and Recovery of Damages 11.02. In the event of any default by Tenant under this Lease, in addition to any other remedies available to City at law or in equity, City shall have the right to terminate this Lease and all rights of Tenant under this Lease by giving written notice of the termination. No act of City shall be construed as terminating this Lease except written notice given by City to Tenant advising Tenant that City elects to terminate the Lease. In the event City elects to terminate this Lease, City may recover the following from Tenant: (a) The worth at the time of awazd of any unpaid rent that had been earned at the time of termination of the Lease; pacrsic i izaoo 27 (b) The worth at the time of award of the amount by which the unpaid rent that would have been earned after tertr,~ination of the Lease until the time of award exceeds the amount of rental loss that Tenant proves could have been reasonably avoided; (c) The worth at the time of award of the amount by which the unpaid rent for the balance of the term of this Lease after the time of award exceeds the amount of rental loss that Tenant proves could be r~:asonably avoided; and (d) Any other amount necessary to compensate compensation detriment approximately caused by Tenant's failure to perform its obligations under this Lease. The term "rent" as used in this Pazagraph shall mean the Rent, the Percentage Rent, and all other sums require:d to be paid by Tenant pursuant to the terms of this Lease. As used in Subparagraphs (a.) and (b) of this Pazagraph, the "worth at the time of award" is computed by allowing ini~erest at the rate of 10 percent per yeaz. As used in Subpazagraph (c) of this Pazagraph., the "worth at the time of award" is computed by discounting the amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of awazd plus 1 percent. City's Right to Continue Lease in Effect 11.03. If Tenant breaches this Lea:,e and abandons the Premises before the natural expiration of the term of this Lease, City may continue this Lease in effect by not terminating Tenant's right to possession of the Premises, in which event City shall be entitled to enforce all its rights and remedi~:s under this Lease, including the right to recover the rent specified in this Lease as it becomes due under this Lease. No act of PC/C/S/C 112800 2$ City (including an entry on the Premises, efforts to relet the Premises, or maintenance of the Premises) shall be construed as an election to terminate this Lease unless a written notice of termination is given to Tenant or the termination of this Lease is decreed by a court of competent jurisdiction. City's Right to Relet 11.04. In the event Tenant breaches this Lease, City may enter on and relet the Premises or any part of the Premises to a third party for any term, at any rental, and on any other terms and conditions that City in its sole discretion may deem advisable, and shall have the right to make alterations and repairs to the Premises. Tenant shall be liable for all of City's costs in reletting, including remodeling costs required for the reletting. In the event City relets the premises, Tenant shall pay all rent due under and at the times specified in this Lease, less any amount or amounts actually received by City from the reletting. City's Right to Cure Tenant Defaults 11.05. If Tenant reaches or fails to perform any of the covenants or provisions of this Lease, City may upon written notice, but shall not be required to, cure Tenant's breach. Any sum expended by City, with the then-maximum legal rate of interest, shall be reimbursed by Tenant to City with the next due rent payment under this Lease. Cumulative Remedies 11.06. The remedies granted to City in this Article shall not be exclusive but shall be cumulative and in addition to all remedies now or hereafter allowed by law or provided in this Lease. PC/C/S/C 112800 29 Waiver of Breach 11.07. The waiver by City of any breach by Tenant of any of the provisions of this Lease shall not constitute a continuing; waiver or a waiver of any subsequent breach by Tenant either of the same or another previsions of this Lease. Surrender on Termination 11.08. On expiration of the term of this Lease or the earlier termination of this Lease, Tenant agrees to surrender the Premises in good order and condition (reasonable . weaz and tear excepted). Further, Tenant :;hall, at Tenant's expense, remove all of its merchandise, inventory, and trade fixtures., and repair any damage caused by the removal. City shall also have the right to require Tenant, at Tenant's expense, to remove any improvements made to the Premises by Tenant and to repair any damage caused by the removal. Holdo~/er Tenancy 11.09. If Tenant remains in posse;~sion of the Premises after expiration of the term of this Lease without renewing or extending this Lease or entering into new lease with City, Tenant's continued occupancy of the Premises, at City's option, shall be considered amonth-to-month tenancy that may be terminated by either party on 30 days' prior notice to the other. All terms of this Lease shall be fully applicable to the month-to- month tenancy insofar as consistent with amonth-to-month tenancy, except that Tenant must pay 110 percent of the Fixed Rent, proportionate shaze of Common Areas Maintenance Costs and Taxes, and any Adlditional Rent provided for under this Lease. PC/C/S/C 112800 30 Attorneys' Fees 11.10. If any litigation is commenced between the parties to this Lease concerning the Premises, this Lease, or the rights and duties of either in relation to the Premises or the Lease, the party prevailing in that litigation shall be entitled, in addition to any other relief that may be granted in the litigation, to a reasonable sum as and for its attorneys' fees in the litigation, which shall be determined by the court in that litigation or in a separate action brought for that purpose. ARTICLE 12. MISCELLANEOUS Landlord-Tenant Relationship 12.01 This Lease establishes aLandlord-Tenant relationship between the parties. It shall not be construed or deemed to create any other type of relationship between them, including one of agency, partnership, or joint venture. City's Right of Entry 12.02. At any time Tenant is open for business or is required by this Lease to be open for business, City shall have the right to enter the Premises to inspect the Premises; show the Premises to a third party; or perform any repairs City is permitted or required to make under this Lease, whether to the Premises, adjoining premises, or the building containing the Premises. For any entry made while Tenant is open for business, City shall use its best efforts to minimize interference with the conduct of Tenant's business. Repairs required or permitted to be made by City may, at City's option, be scheduled for times when Tenant's business is not open, provided prior written notice is given to Tenant. In the case of an emergency, City may enter the Premises at any time without prior notice to Tenant, but shall notify Tenant promptly afterwards of its emergency ;A~ 1 , PGGS/C 112800 31 entry. Interest on Obligations 12.03. The payment of any sum due to City under this Lease, however designated, shall be due promptly as provided for in this Lease. Any payment that is not paid promptly shall bear interest from its due date until paid at the then-maximum legal rate of interest. Notices 12.04. Except as otherwise expressly provided by law, any and all notices or other communications required or permitted by this Lease or by law to be served on or given to either party to this Lease by the other party to this Lease shall be in writing and shall be deemed duly served and given when personally delivered to the party to whom they are directed or any managing employt:e of that party, or in lieu of personal service, within forty-eight (48) hours when deposited in the United States mail, first-class postage prepaid, addressed to City at 10300 Torre .Avenue, Cupertino, California 95014 or to Gv~ cr.,uJ ~ G/} ~.~ ~~ ff Tenant at `~-/ ~ ~/ -S~ /~"n ~s ~~~ t,~~ i~~`•'~' .Either party may change its address for purposes of this Paragraph ley giving written notice of that change to the other party in the manner provided in this :Paragraph. Binding on H~:irs and Successors 12.05. This Lease shall be binding on and shall inure to the benefit of the heirs, executors, administrators, successors, and assigns of City and Tenant, but nothing in this Paragraph shall be construed as a consent ~by City to any assignment of this Lease or any interest in this Lease by Tenant. PGGS/C 112800 32 Time of Essence 12.06. Time is expressly declazed to be of the essence in this Lease. Sole and Only Agreement 12.0?. This Lease, together with the Exhibit described in Pazagraph 1.02. of this Lease, constitutes the sole and only agreement between City and Tenant respecting the Premises, the leasing of the Premises to Tenant, or the lease term created under this Lease, and correctly sets forth its date. Any agreements or representations respecting the premises or their leasing by City to Tenant not expressly set forth in this instrument aze null and void. This Lease may be modified or amended only by an instrument in writing signed by both City and Tenant. Invalidity or Unenforceability 12.08. If any provision of this Lease is held by a court of competent jurisdiction to be either invalid, void, or unenforceable, the remaining provisions of this Lease shall remain in full force and effect. Waivers 12.09. No waiver of any term, condition, or covenant of this Lease shall be presumed or implied. Any such waiver must be expressly made in writing by the party waiving the term, condition, or covenant. The acceptance by City from Tenant of any amount paid for any reason under this Lease in a sum less than what is actually owing shall not be deemed a compromise, settlement, accord and satisfaction, or other final disposition of the amount owing unless City agrees otherwise in writing. `~~~ pc/cas/C 112800 33 Ca tp ions 12.10. The captions and numbers of the Articles and Paragraphs of this Lease are for convenience only and are not intend to reflect in any way on the substance or interpretation of the provisions of this Lease. Executed on , at Date: Date: Dated: California. CITY Mayor, City of Cupertino ATTEST: City (~lerk APPF:OVED AS TO FORM: - ~, City Attorney Dated: ~ _ ~ - ~ ~ ~~VT L~ pciasic t X2800 34