1
Exhibit 10.10(iii)
LEASE EXTENSION AND MODIFICATION AGREEMENT
This LEASE EXTENSION AND MODIFICATION AGREEMENT is to be attached to and form a
part of the Net Commercial Lease Agreement dated November 10, 1989, which
together with any amendments, modifications and extensions thereof is
hereinafter called the "Lease".
Between XXXXXXXX ELECTRIC, INC. "Landlord"
and
HORIZON HIGH REACH
(formerly Upright, Inc.) "Tenant"
Furthermore, Horizon High Reach ("Tenant") agrees that upon execution of the
Lease Extension and Modification Agreement, Tenant agrees to pay the Landlord a
monthly rate of Five Thousand Five Hundred Ninety Eight and 33/100 ($5,598.33),
which includes property taxes and insurance.
Witnesseth that the Lease is hereby renewed and extended for a further term of
twelve (12) months to commence on the 1st day of January, 1998 and to end the
first day of July, 1999, on condition that Landlord and Tenant comply with all
the provisions of the covenants and agreements contained in the Lease. All terms
of the Lease shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have signed this Lease Extension
Agreement this 28 day of OCTOBER, 1997.
LANDLORD: XXXXXXXX ELECTRIC, INC.
By: /s/ Xxxxxx X. Xxxxxxxx
--------------------------------------
Xxxxxx X. Xxxxxxxx, President
TENANT: HORIZON HIGH REACH
(Formerly Up-Right, Inc)
By: /s/ Xxxxx Xxxxxxxx
--------------------------------------
Name: XXXXX XXXXXXXX
Title: VICE PRESIDENT
LEASE EXTENSION AND MODIFICATION AGREEMENT - Page 1 of 2
2
STATE OF TEXAS (
COUNTY OF DALLAS (
BEFORE ME, the undersigned authority in and for said county and state,
on this day personally appeared Xxxxxx X. Xxxxxxxx, known to me to be the person
whose name is subscribed to the foregoing instrument, and in his capacity as
President for Xxxxxxxx Electric, Inc., acknowledged to me that the same was the
act and deed of said corporation, and that he executed the same for the purposes
and consideration therein expressed, and in the capacity therein stated.
GIVEN UNDER MY HAND AND SALE this 7th day of October, 1997.
/S/ Xxxxx X. Xxxxxxxx
--------------------------------------
Notary Public in and for
the State of Texas
My Commission expires: [SEAL]
5-20-2000
-------------------------------------
STATE OF CALIFORNIA (
COUNTY OF FRESNO (
BEFORE ME, the undersigned authority in and for said county and state,
on this day personally appeared XXXXX XXXXXXXX, known to me to be the person
whose name is subscribed to the foregoing instrument, and in his capacity as
VICE PRESIDENT for Horizon High Reach, Inc. acknowledged to me that the same was
the act and deed of said corporation, and that he executed the same for the
purposes and consideration therein expressed, and in the capacity therein
stated.
GIVEN UNDER MY HAND AND SALE this 28TH day of OCTOBER, 1997.
/s/ Xxxxxx X. Xxxxxx
--------------------------------------
Notary Public in and for the
State of CALIFORNIA
My Commission expires: [SEAL]
May 23, 2000
----------------------------------
LEASE EXTENSION AND MODIFICATION AGREEMENT - Page 2 of 2
