EXHIBIT 10.6(a)
May 27, 1999
VIA HAND DELIVERY
Xxxxx Mountain Associates
000 Xxxxx Xxxxx
Xxxxxxxx, Xxx Xxxxxx 00000-3688
Attn: General Counsel
Re: Xxxxx Xxxxxxx - G-III Leather Fashions, Inc. and Xxxxx Mountain Associates
Dear Sir:
In accordance with our lease dated September 21st, 1993, for 0000 Xxxxxxxx Xxxx,
Xxxxxxxx, Xxx Xxxxxx, G-III Leather Fashions, Inc. is exercising its option to
extend the term for the five year period March 1, 2000 to February 28, 2005 (the
First Extended Period).
In accordance with the discussion between Xxxxx Xxxxxxxxx, of your office, and
Xxx Xxxxxxxxx (V.P. Operations of G-III) the new fixed rent will be as follows:
PERIOD AMOUNT
------ ------
March 1, 2000 - February 28, 2001 $5.50 sq. ft.
March 1, 2001 - February 28, 2002 $5.50 sq. ft.
March 1, 2002 - February 28, 2003 $5.75 sq. ft.
March 1, 2003 - February 28, 2004 $6.00 sq. ft.
March 1, 2004 - February 28, 2005 $6.00 sq. ft.
Very truly yours,
G-III Leather Fashions, Inc.
By: /s/ Xxxxx X. Xxxxxx Accepted by: /s/ Xxxxx Xxxxxxxxx
---------------------- -------------------
Xxxxx X. Xxxxxx Xxxxx Xxxxxxxxx
Chief Financial Officer Senior Vice President Xxxxxxx
Xxxxx Mountain Associates
cc: Controller, Xxxxx Mountain Associates
Xxxx Xxxx, Xxxxxxxxx & Xxxxxxxx
Xxxx Xxxxxx, Xxxxxxxxx & Xxxxxxxx
Xxx Xxxxxxxxx
Xxxx Xxxxxxxxx
