Exhibit 10.142
SECOND AMENDMENT OF LEASE AGREEMENT
This Second Amendment to Lease Agreement ("Amendment") is made as of the
22nd day of July, 2002 by Vermont Mill Properties, Inc., herein called
"Landlord" and Xxxx Security International, Inc., herein called "Tenant".
RECITALS
Landlord and Tenant are parties to a certain Lease Agreement dated November
15, 1999, as amended on February, 25, 2002 ("Lease").
Landlord and Tenant wish to amend the Lease to provide Tenant with an
option to terminate the Lease.
NOW THEREFORE in exchange of the mutual covenants and agreements
hereinafter set forth the parties agree as follows:
AGREEMENTS
1. Landlord hereby grants the Tenant the option and right to cancel the
Lease. Tenant shall exercise its right to cancel the Lease by providing to
Landlord written notice of the day the Lease will be canceled ("Cancellation
Date"). For the cancellation to be effective, Tenant must pay Landlord on or
before the Cancellation Date, a payment equal to six months of the then rent for
the Leased Premises ("Cancellation Payment"). The Cancellation Payment is in
addition to any payments owed by Tenant under the Lease through the Cancellation
Date. If Tenant exercised its cancellation right as set forth herein, the
Lease's term shall expire and end on the Cancellation Date.
2. All other terms of the Lease shall remain in full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have signed and sealed this
Amendment as of July 22, 2002.
LANDLORD: TENANT:
Vermont Mill Properties, Inc. Xxxx Security International, Inc.
By: /s/ Xxx X. Xxxxxxxx By: /s/ Xxxxxx X. Xxxxxx
Xxx X. Xxxxxxxx Xxxxxx X. Xxxxxx
President Executive Vice President
