AGREEMENT OF LEASE
AGREEMENT OF LEASE (the “ Lease ”) made as of the 25 day of September, 2007 between TMC-
3011 S 52 ND ST, LLC , an Arizona limited liability company (the “ Landlord ”), and SONICWALL, INC. , a
California corporation (the “ Tenant ”).
Reference Data and Definitions . The following sets forth some of the basic lease
information and definitions used in this Lease:
“ Additional Rent ” shall mean Tenant’s Proportionate Share of Real Estate Taxes
and Operating Expenses, and all other sums (exclusive of Base Rent) payable by Tenant to Landlord under this
“ Base Rent ” shall mean the base rent for respective periods set forth below:
Base Rent escalates annually by three percent (3%) as described above.
“ Broker ” shall mean Grubb & Ellis and Commercial Properties, Incorporated.
“ Building ” shall mean 3011 South 52 nd Street, Tempe, Arizona containing 79,183
“ Common Areas ” shall mean the roadways, parking areas and landscaped areas on
the Property, and the entrances, accessways and other areas located on the Property intended for the common
use of all tenants of the Property and their invitees.
“ Commencement Date ” shall mean September 25, 2007.
“ Concession Costs ” shall mean leasing commissions and costs such as construction
allowances, rent concessions, moving expenses, takeover obligations and other similar inducements, incurred in
leasing, subleasing or assigning a lease or this Lease.
“ Excess Assignment Consideration ” shall mean an amount, if any, equal to: (A)
the consideration whenever paid by any assignee for the assignment, less (B) Concession Costs, reasonably
incurred by Tenant in connection with such assignment.
“ Excess Sublease Rent ” shall mean an amount, if any, equal to: (A) (i) all rent or
other consideration paid to Tenant by any subtenant, for and during each month less (ii) the p