EXHIBIT 10.25
ADDENDUM TO LEASE
THIS AGREEMENT made this 20th day of February, 1998 by and between BRAINERD
INTERNATIONAL, INC., hereinafter referred to as Tenant, and WOODLAND OFFICE
PARTNERSHIP, hereinafter referred to as Lessor.
WHEREAS, WOODLAND OFFICE PARTNERSHIP, and BRAINERD INTERNATIONAL, INC. have
previously entered into a Lease Agreement dated January 10, 1996 for office
space (Suite 214) in the building known as Woodland Office Center, 00000
Xxxxxxxxxx Xxxx., Xxxxxxxxxx, XX 00000;
NOW, THEREFORE, in consideration of the above recitals and upon the terms
and conditions hereafter set forth, it is agreed and understood as follows:
1. Lessor agrees to extend the Term of this Lease for two (2) years
beginning March 1, 1998 and ending February 28, 2000
2. Tenant's rent shall be a Gross Rent at a rate of $19575.00 annually
payable in monthly installments of $1631.25.
3. Except as set forth above, all other terms and conditions of the Lease
shall remain in full force and effect.
IN WITNESS WHEREOF, the Parties have caused this Addendum to be executed
the date first above written.
TENANT: LESSOR:
BRAINERD INTERNATIONAL INC. WOODLAND OFFICE PARTNERSHIP
By: /S/ XXXXXXX X. XXX By: /S/
Its: VICE PRESIDENT Its: _____________________________