COMMENCEMENT OF LEASE AMENDMENT #1 Date: October 25, 2000
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COMMENCEMENT OF LEASE AMENDMENT #1
Date: October 25, 2000
This lease commencement agreement pertains to that certain lease amendment dated August 28, 2000, by and between Xxxxxx X. Xxxxx as Trustee of the Xxxxxx X. Xxxxx Trust dated March 7, 1995 (Lessor) and xxxxxxxxxx.xxx, a Utah corporation (Lessee) for the premises located at 955 South 0000 Xxxx, Xxxxx 000, Xxxx Xxxx Xxxx, Xxxx 00000 and consisting of an additional area of approximately 65,835 square feet bringing the total occupied square footage to 175,560 square feet within a multi-tenant industrial building of approximately 354,255 square feet.
Whereas, said Lessee's Fifty-Nine (59) month lease term is to commence on the date indicated below. In accordance with the above, the parties hereto agree that Lessee occupied both the Temporary Space and the First Right Space September 19, 2000 with a rental rate of $13,167.00 per month for the Temporary Space and a rental rate of $18,433.80 per month for the First Right Space.
Lessee's responsibility to pay rent and perform all other obligations under the lease for the Temporary Space shall continue until Lessee has vacated the space and a final walk-thru has been completed by the property manager.
The term for the First Right Space shall expire on August 20, 2005.
All other terms and conditions of said Lease are hereby reaffirmed as being in full force and effect.
| LESSOR: | LESSEE: | |||||
Xxxxxx X. Xxxxx as Trustee of the Xxxxxx X. Xxxxx Trust dated March 7, 1995 |
xxxxxxxxxx.xxx a Utah corporation |
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By: |
/s/ XXXXXX X. XXXXX Xxxxxx X. Xxxxx Trustee of the Xxxxxx X. Xxxxx Trust dated March 7, 1995 |
By: |
/s/ XXXXX XXXXXXXX |
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Date: |
NOV 20 2000 |
Date: |
6 NOV 00 |
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COMMENCEMENT OF LEASE AMENDMENT #1
