EXHIBIT 10.42
LEASE AGREEMENT
BY AND BETWEEN
AETNA LIFE INSURANCE COMPANY,
A CONNECTICUT CORPORATION
AS LANDLORD
AND
AFFYMETRIX, INC.,
a Delaware corporation
AS TENANT
DATED July 30, 1999
LEASE SUMMARY
PRESENTED TO
AFFYMETRIC, INC.
PRESENTED BY
MICHAEL E. FILICE
JEFF HOUSTON
BRETT HOUSTON
CPS, The Commercial Property Service Company
475 El Camino Real, santa clara, CA 95050
(408) 615-3400
August 6, 1999
PREMISES: 1170 Kifer Road, Sunnyvale
SQUARE FEET: 57,649 square feet
LEASE COMMENCEMENT: October 1, 1999
LEASE EXPIRATION: September 30, 2004
LANDLORD: Aetna Life Insurance Company
LANDLORD CONTACT NAME: Insignia/ESG, Inc. (Property Manager)
LANDLORD CONTRACT NUMBER: 408-288-2900
TERM OF LEASE: 5 years
TENANT IMPROVEMENT ALLOWANCE: $576,490.00
INITIAL RENT: $1.85 per square foot, NNN ($106,650.65/mo.)
RENT ADJUSTMENTS: Four percent (4%) annual
SECURITY DEPOSIT: $498,087.36
OPTIONS: Option to Renew (Par. 49) & Right of First
Offer (Par. 50)
TABLE OF CONTENTS
Page
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Basic Lease Information. . . . . . . . . . . . . . . . . . . . . . . . . iv
1. Demise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2. Premises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
3. Term . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
4. Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
5. Utility Expenses. . . . . . . . . . . . . . . . . . . . . . . . . . 10
6. Late Charge . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
7. Security Deposit. . . . . .