Exhibit 10(ii)
LEASE EXTENSION AGREEMENT
This Lease Extension Agreement dated the last date shown opposite the
signatures of the parties hereto is deemed to have been effective as of the 3lst
day of January, 1998.
WHEREAS, on February 1, 1988, XXXXXXX XXXXX, M.D. ("Lessor") entered
into a Lease Agreement ("Lease Agreement") with GAMBRO HEALTHCARE RENAL CARE,
INC. f/k/a COMMUNITY DIALYSIS CENTERS, ("Lessee") for the leasing of 2,855
square feet of space, known as 000 X. Xxxxxxxx Xxxxxx, Xxxx, Xxxxxxx 00000, for
a period of five (5) years, plus one five year option, commencing February 1,
1988, and expiring January 31, 1998; and
WHEREAS, the Lessor and Lessee are currently negotiating to renew the
Lease Agreement; and
WHEREAS, the Lessee desires to extend said Lease Agreement under its
current terms and conditions for an additional period of ninety (90) days to
provide time for the new lease to be prepared; and
WHEREAS, the corporate name of Community Dialysis Centers has been
changed to GAMBRO Healthcare Renal Care, Inc.
NOW THEREFORE, in consideration of the mutual covenants and agreements
herein contained, the benefits to each party resulting herefrom and for other
valuable consideration, the receipt and sufficiency of which are irrevocably and
unconditionally hereby acknowledged, the parties hereto, intending to be fully
legally bound, agree as follows:
1. The Lease Agreement between the Lessor and Lessee is hereby
extended, commencing on February 1, 1998, and fully
terminating on May 1, 1998.
2. The Rent payable during the lease extension shall be One
Thousand Eight Hundred Twenty Seven and 49/100 Dollars
($1,827.49) per month, with the rent for any portion of the
extended term which is less than a full month being prorated
according to the number of days during the partial month that
the Lessee remained in possession of the premises.
3. All of the terms, covenants and conditions of the Lease
Agreement not modified herein, remain in full force and
effect, and shall become a part of this extension.
IN WITNESS WHEREOF, the Lessor and Lessee have executed this Lease
Extension Agreement on the day and year shown opposite each party's signature.
XXXXX INVESTMENTS, LTD (LESSOR)
4/15/98 /s/ Xxxxxxx Xxxxx
Date:______________ _____________________________
Xxxxxxx Xxxxx, Chief Financial
Officer
-------------------
Witness
3/5/98
Date:______________ GAMBRO Healthcare Renal
Renal Care, Inc. (LESSEE)
/S/ Xxxx XxXxxxx /s/Xxxxx X. Xxxx, Xx.
____________________ By:__________________________
Witness Xxxxx X. Xxxx, Xx.
Title: Vice President and
General Counsel
