SECOND AMENDMENT TO LEASE
I. PARTIES AND DATE.
This Second Amendment to Lease (the "Amendment") dated July 6, 2000, is by and between IRVINE
TECHNOLOGY PARTNERS III, a California general partnership ("Landlord"), and LANTRONIX, a
California corporation ("Tenant").
II. RECITALS.
On June 28, 1993, Landlord and Tenant entered into a lease for space in a building located at 15353 and 15355
Barranca Parkway, Suite 102, Irvine, California ("Premises"), which lease was amended by a First Amendment
to Lease dated August 10, 1995 (the "First Amendment"), wherein approximately 23,622 rentable square feet
within the building was added to the Premises (as amended, the "Lease").
On March 18, 1996, Landlord, Tenant and Advanced Computing, Inc. ("Advanced Computing") entered into a
Consent to Subletting (the "Advanced Computing Consent") permitting the sublease of a portion of the Premises,
and on July 29, 1998 Landlord, Tenant and Inter-Tel Technologies, Inc. ("Inter-Tel") entered into a Consent to
Subletting (the "Inter-Tel Consent") permitting the sublease of an additional portion of the Premises.
Landlord and Tenant each desire to modify the Lease to extend the Lease Term, adjust the Basic Rent, and
make such other modifications as are set forth in "III. MODIFICATIONS" next below.
III. MODIFICATIONS.
A. Basic Lease Provisions. The Basic Lease Provisions are hereby amended as follows:
1. Item 5 is hereby deleted in its entirety and substituted therefor shall be the following:
"5. Lease Term: The Term of this Lease shall expire at midnight on July 31, 2005"
2. Item 6 is hereby amended by adding the following:
"Basic Rent: Commencing August 1, 2001, the Basic Rent shall be Fifty Six Thousand Eight Hundred Five
Dollars ($56,805.00) per month, based on $1.11 per rentable square foot.
Basic Rent is subject to adjustment as follows:
Commencing August 1, 2001, the Basic Rent shall be Fifty Eight Thousand Three Hundred Forty-One Dollars
($58,341.00) per month, based on $1.14 per rentable square