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EXHIBIT 10.36.1
FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE made at Cleveland, Ohio effective as
of 16 day of February, 2000, by and between THE XXXXXX XXXXXX INSURANCE
TRUST, (hereinafter called "Lessor"), and L.A.T. SPORTSWEAR, INC. DBA FULL
LINE DISTRIBUTORS, a Georgia corporation, (hereinafter called "Lessee").
WITNESSETH:
WHEREAS: Lessor and Lessee entered into a certain Lease (the "Lease")
dated April 11, 1995, whereby Lessor leased to Lessee, and Lessee leased from
Lessor certain premises (the "Premises") known as 00000 Xxxxxxxx Xxxx, Xxxxxxx
Xxxxxxx XX 00000; and
WHEREAS: Lessor and Lessee desire to amend the Lease in certain
respects hereinafter set forth.
NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration the receipt and sufficiency of which is hereby
acknowledged, Lessor and Lessee agree to amend the Lease as follows:
1. Section 3(a) of the Lease is hereby deleted in its entirety
and the following provision is hereby inserted in substitution for and in lieu
thereof:
"(a) The initial term of this Lease (the "Initial Term")
shall be for a period of six (6) years commencing on May 1,
1995 through and including October 31, 2001."
it being the intent of the parties to extend the term of the Lease an
additional one (1) year and six (6) months commencing May 1, 2000 through and
including October 31, 2001
2. Section 3(b) of the Lease is hereby deleted in its entirety
and nothing is hereby inserted in substitution for or in lieu thereof.
3. Section 4(a) of the Lease is hereby modified by adding the
following provision to the end thereof:
"Commencing May 1, 2000 through and including October 31,
2001, the Fixed Rent shall be $178,624.80 per annum, payable
in equal monthly installments, in advance, at the rate of
$14,885.40 per month."
4. Section 4(b) of the Lease is hereby deleted in its entirety
and nothing is hereby inserted in substitution for or in lieu thereof.
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5. Except as otherwise set forth herein all of the other terms,
conditions and covenants contained in the Lease are, and shall remain, in full
force and effect.
IN WITNESS WHEREOF, the parties hereto have executed the within First
Amendment to Lease the day and year first written above.
Signed in the Presence of: Lessor: THE XXXXXX XXXXXX
INSURANCE TRUST
DATED June 30,1984
/s/ Xxxxxxx X. Xxxx By: /s/ Xxxxxx Xxxxxxx
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/s/ Xxxxxx X. XxXxxxx
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Signed in the Presence of: Lessee: L.A.T. SPORTSWEAR,
INC. dba FULL LINE
DISTRIBUTORS
/s/ Xxxx Xxxxxxxxx By: /s/ Xxxx Xxxxxx-XxXxxxx
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Xxxx Xxxxxxxxx
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STATE OF OHIO )
) ss.
COUNTY OF CUYAHOGA )
BEFORE ME, a Notary Public, in and for the said County and State,
personally appeared Xxxxxx Xxxxxxx, who acknowledged that he did sign the
foregoing instrument and that the same is his free act and deed.
IN TESTIMONY WHEROF, I have hereunto set my hand and official seal
this 18 day of February, 2000.
/s/ Xxxx Xxx Xxxxxxxxxx
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Notary Public
STATE OF GEORGIA )
) ss.
COUNTY OF CHEROKEE )
BEFORE ME, a Notary Public, in and for the said County and State,
personally appeared Xxxx XxXxxxx, known to me as the VP of L.A. T Sportswear,
who acknowledged that she did sign the foregoing instrument and that the same
is her free act and deed as an officer of the corporation.
IN TESTIMONY WHEROF, I have hereunto set my hand and official seal
this 16th day of February, 2000.
/s/ Xxxx Xxxxxx
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Notary Public