EXHIBIT 10.15
FRANKLIN BUILDING ACCOUNT
0000 Xxxxx Xxxxxx
Xxxxxx, XX 00000
January 30, 1997
ADDENDUM TO ALL AMERICAN LEASE
This is an additional agreement between All American, subsidiary of Xxxxxxx
Sports, Inc., a Delaware Corporation and Trust #298, concerning the extension
of All American's lease from July 1, 1997 to June 30, 2000. All conditions and
agreements from the prior lease will remain the same except for the following
agreed changes.
1. Current rent will be increased starting July 1, 1997 to $6,592.71 per
month, or $79,112.51 for twelve months.
2. This is a 3-year lease.
3. On renewal, a 5-year option with a 10% increase.
4. The tax base will be calculated from the 1995 base year.
With the signing of this addendum by both parties incorporating the agreed
upon additions and otherwise maintaining the original July 1, 1986 to June 30,
1997 agreement. This is our complete lease and agreement with All American.
Lessee: Lessor:
All American Xxxx Xxxxxxxxx
Subsidiary of Xxxxxxx Sports, Inc. Sole Beneficiary of Trust #5298
A Delaware Corporation
By: XXXXXXX X. XXXXX By: XXXX XXXXXXXXX
--------------------------- -------------------------
Xxxxxxx X. Xxxxx Xxxx Xxxxxxxxx
Vice President - Finance
Date Signed: _________________ Date Signed: ______________
