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Exhibit 10.2.3.e
SIXTH ADDENDUM TO LEASE
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THE WATERFORD BUILDING AT
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0000 XXXXXXX XXXXXXX
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This Sixth Addendum to Lease (hereinafter referred to as the
"Addendum")is made and entered into as of this day of March, 1998, by and
between XXXX X. XXXXXXXXXX III, hereinafter referred to as "Lessor", and TELXON
CORPORATION, hereinafter referred to as "Lessee". Reference is made to that
certain "Standard Office Lease (Modified Net Lease)" dated July 19, 1995, which,
together with the Attachments, Exhibits, and Addendum of such lease, together
with four additional Addendum to Lease documents, are collectively referred to
as the "Lease". In the event of a conflict between the terms of the Lease and
the terms of this Addendum, the terms of this Addendum shall control.
This Addendum is made necessary because Lessee is vacating all of its
premises located on the second floor of The Waterford Building (the "Building").
In consideration of the mutual undertaking of the parties, as
hereinafter set forth, it is agreed to by and between the parties as follows:
1. On or before April 1, 1998, Lessee will completely vacate all of the
space which it is presently leasing on the second floor of the Building and
surrender such space to Lessor, and space will no longer be a part of the
premises described in the Lease.
2. In consideration of the foregoing, on or before April 1, 1998,
Lessee shall pay to Lessor a one time cancellation fee of $28,461.13.
3. As a result of the above, as of April 1, 1998, and thereafter,
Lessee's premises in the Building will consist of approximately 44,827 rentable
square feet; the annual base rent for such premises shall be $748,526.26 per
year, payable in equal monthly installments of $62,377.19 per month, on the
first day of each month, in advance; and Lessee's Share, per Section 4(e) of the
Lease for said premises shall be 48.24%. The state of affairs described herein
shall begin on April 1, 1998 and shall end at midnight on February 28th, 2001,
which is the termination date of such Lease.
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IN WITNESS WHEREOF, the parties have set their hands on the dates
hereinafter noted.
Signed and acknowledged LESSOR:
in the presence of: ------
/s/ Xxxxxxx X. Xxxxxx
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Signature
Xxxxxxx X. Xxxxxx
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Printed Name /s/ Xxxx X. Xxxxxxxxxx III
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Xxxx X. Xxxxxxxxxx III
/s/ Xxxxxxx X. Xxxx
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Signature Date: 5-20-98
Xxxxxxx X. Xxxx -------------------------
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Printed Name
STATE OF OHIO, COUNTY OF SUMMIT, SS:
The foregoing instrument was acknowledged before me this 20th day of
May, 1998, by Xxxx X. Xxxxxxxxxx, III.
/s/ Xxxxxx X. Xxxx My Commission Expires: May 28, 2002
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Notary Public
Signed and acknowledged LESSEE:
in the presence of: ------
TELXON CORPORATION
/s/ Ed Rain
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Signature
Ed Rain By:/s/ Xxxxxx X. Xxxxxxx
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Printed Name
Its: Sr. Director, Corporate Services
/s/ Xxxxxx X. Xxxxxxx ---------------------------------
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Signature Date: 5/19/98
Xxxxxx X. Xxxxxxx -------------------------------
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Printed Name
STATE OF OHIO, COUNTY OF SUMMIT, SS:
The foregoing instrument was acknowledged before me this 19th day of
May, 1998, by XXXXXX X. XXXXXXX, as SR. DIR., CORPORATE SERVICES of Telxon
Corporation, a corporation, on behalf thereof.
/s/ Xxxxxx Xxxxxxxxxxx My Commission Expires: 8/28/99
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Notary Public
