Exhibit 10.3
ADDENDUM
TO STANDARD OFFICE LEASE-GROSS
DATED December 17, 2003
BY AND BETWEEN, BERSHIN PROPERTIES I, LLC ("Landlord") and RECOM MANAGED SYSTEM,
INC. ("Tenant")
1. Additional Square Footage:
Suite 208 to be added to parties existing lease.
2. Lease Term:
Lease shall commence January 1, 2004 and terminate August 31, 2005
3. Base Rent:
Period: Monthly Amount
------- --------------
Month 1-12 $450.00 January 1, 2004-December
Month 13-20 $475.00 January 1, 2005-August 31, 2005
4. Tenant Improvements:
There are no tenant improvements to be performed by landlord.
Tenant to take suite in an "as is" conditions.
5. Rights To Sublease:
Tenant shall not be permitted to sublease or assign all or any
portion of the Tenant's Premises without Landlord's consent, which
shall not be unreasonably withheld, conditioned or delayed.
6. Operating Expenses:
Tenant shall share in any increase in the actual operating costs
fo the Building on a prorata basis, predicated upon them methods
and procedures identified in the parties lease dated August 20,
2002 and those methods and procedures are to be employed with full
force and affect as though fully set forth herein.
7. All of the terms and conditions of the parties previously executed
lease of August 20, 2002 are set forth herein and made a part
herein of as though fully set forth herein in their entirety.
Executed at: Valley Village, CA Executed at: Valley Village, CA
On: 12/19/2004 On: 12/22/2004
By LESSOR: By LESSEE:
By: /s/ Xxxx Xxx Xxxxxxx By: /s/ Xxxxxx X. Xxxx
Name Printed: Xxxx Xxxxxxx Name Printed: Xxxxxx X. Xxxx
Title: Managing Partner Title: CEO
--------------------------------------------------------------------------------
