AMENDMENT TO INDUSTRIAL BUILDING LEASE
Exhibit 10.10
AMENDMENT TO INDUSTRIAL BUILDING LEASE
UNIQUE BUILDING CORPORATION, as Lessor, and ZEBRA TECHNOLOGIES CORPORATION, as Lessee, hereby agree to amend that Industrial Building Lease dated May 15, 1989 pertaining to the property commonly known as 000 Xxxxxxxxx Xxxxx Xxxxxxx, Xxxxxx Xxxxx, Xxxxxxxx, as follows:
1. In consideration of improvements made by the Lessor consisting of as 50,400 square foot expansion of manufacturing space and an 11,500 square foot expansion of office space, the monthly rental payable pursuant to the terms and conditions of the said Lease shall be increased according to the following table on the dates indicated:
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Description |
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Beginning |
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and Ending |
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Rent Shall Be Increased By |
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50,400 square foot factory |
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12/1/94 |
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3/31/98 |
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$14,998/mo |
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41/98 |
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3/31/03 |
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$16,991/mo |
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11,500 square foot building |
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4/1/95 |
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3/31/98 |
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$2,889/mo |
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4/1/98 |
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3/31/03 |
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$3,236/mo |
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Parking lot |
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8/15/94 |
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3/31/98 |
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$2,151/mo |
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4/1/98 |
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3/31/03 |
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$2,463/mo |
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2. The effective date of this Amendment shall be December 1, 1994.
3. Except as they may have been modified by anything set forth in this Amendment, all of the terms and provisions of the said Lease are hereby ratified and confirmed by the parties hereto as being in full force and effect.
IN WITNESS WHEREOF, the parties hereto have sat their hands and seals this 1st day of December, 1994.
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ZEBRA TECHNOLOGIES CORPORATION, |
UNIQUE BUILDING CORPORATION, |
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Lessee |
Lessor |
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By: |
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By: |
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Xxxxxxx Xxxxx |
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Xxxxxx Xxxxxx |
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Secretary |
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President |
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