EXHIBIT 10.6c
November 7, 2003
Xxxxxx X. Freshman
Standard Management Company
0000 Xxxx Xxxxxxx Xxxxxxxxx, Xxxxx 000
Xxx Xxxxxxx, Xxxxxxxxxx 00000
Dear Xxx:
This letter agreement is regarding the sublease, by and between Quik
Communications Hosting, Inc., a subsidiary of IVI Communications, Inc. ("IVIC")
at the time of the sublease, and Standard Management Company ("Standard"). The
sublease concerns property located at 0000 X. Xxxxxxx Xxxx, Xxxxx 000 (the
"Premises"). IVIC, as tenant, and Standard, as subtenant, entered into the
sublease of the Premises on April 7, 2003 wherein Standard was to sublease the
Premises for the remainder of the initial term of the primary lease, and for a
rent calculated as base rent payable under the primary lease less one thousand
dollars ($1,000.00) per month. IVIC, occupying a small portion of the Premises,
was obligated under the terms of the lease to pay one thousand dollars
($1,000.00) per month, the discounted portion of the lease. The initial term of
the primary lease was for five years and three and one-half months dating back
to June 21, 2002.
In conjunction with the settlement of various other matters between
Standard and IVIC which are the subject of separate settlement documents, the
parties wish to terminate and rescind the sublease of the Premises. The parties
also hereby agree that IVIC may continue to occupy the portion of the Premises
that it presently occupies at the rate of one thousand dollars ($1,000.00) per
month, on a month-to-month basis with 30-day termination notice required by
either party, for the balance of the lease term between Standard and the owner
of the building. IVIC will no longer be obligated on the lease or sublease,
notwithstanding the month-to-month lease arrangement described above.
DATED: November 7, 2003 STANDARD MANAGEMENT COMPANY
By: /s/ Xxxxxx X. Freshman
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Xxxxxx X. Freshman
DATED: November 7, 2003 QUIK COMMUNICATIONS HOSTING, INC.
By: /s/ Xxxx X. Xxxxxx
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Xxxx X. Xxxxxx
DATED: November 7, 2003 IVI COMMUNICATIONS, INC.
By: /s/ Xxxx Xxxxxx
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Xxxx Xxxxxx
DATED: November 7, 2003 IVI COMMUNICATIONS, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxxx
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Xxxxxxx X. Xxxxxxxxxx
