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EXHIBIT 10.16
EXTENSION AGREEMENT
THIS EXTENSION AGREEMENT is entered into as of the 14th day of January,
1998, by and between SCI North Carolina Limited Partnership (the "Lessor") and
Brightpoint, Inc.(the "Lessee").
WITNESSETH:
WHEREAS, Lessor, by a Lease dated 21st day of October 1997, leased to
Lessee certain premises known as 0000 Xxxx 00xx Xxxxxx, Xxxxx 000, Xxxxxxxxxxxx,
Xxxxxxx (hereinafter the "Demised Premises"), and being more particularly
described in said Lease, and;
WHEREAS, Lessor and Lessee desire to extend the term of the Lease and
otherwise modify its terms and conditions as set forth below.
NOW THEREFORE, in consideration of Ten Dollars ($10.00) and other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Lessor and Lessee agree as follows:
1. Term. The term of Lease is extended for six (6) months, such that the
Lease shall terminate on the July 31, 1998.
2. Except as modified herein, the Lease, and all of the terms and
conditions thereof, shall remain in full force and effect and the same are
hereby ratified and confirmed.
IN WITNESS WHEREOF, the parties hereto have signed this Extension Agreement
as of the day and year first above written.
_________________________________
LESSOR:
SCI North Carolina Limited Partnership
By:
Name: Xxxxxx X. Xxxxxxxx
Title: Managing Director
Lessor
___________________________________
LESSEE:
Brightpoint, Inc.
By:
Name: Xxxxxx X. Xxxxx
Title: Executive Vice President
General Counsel
Lessee
