EXHIBIT 10.8.1
AMENDMENT TO LEASE
This AMENDMENT effective this 1st day of September 2002, ("Effective Date"), is
entered into by and between the 19th Avenue/Xxxxxxxx Limited Partnership, an
Arizona limited Partnership ("Landlord") and XXXXXX STEEL COMPANY ("Xxxxxx") for
the Leased Premises located at 000 X. 00xx Xxxxxx, Xxxxxxx, Xxxxxxx 00000.
Whereas the Landlord and Tenant agree to amend the Lease as follows:
1. Starting September 1, 2002, the adjusted monthly rent will be reduced in
accordance with Exhibit "A" for the term of the lease. The Landlord, may
with thirty (30) day written notice, increase the monthly rate to the
amount that the rent would have been prior to this Amendment for the
remaining term of the lease.
2. Except as modified herein, all other rights and obligations between the
Parties remain unchanged.
In witness whereof, the parties have executed this Amendment as of the date
written above.
19TH AVENUE/XXXXXXXX LIMITED PARTNERSHIP,
an Arizona limited partnership
By: /s/ Xxxxx X. Xxxxxx
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General Partner
XXXXXX STEEL COMPANY
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By: /s/ Xxxxxxx Xxxx
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Printed Name: Xxxxxxx Xxxx
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EXHIBIT A
Xxxxxx Steel Company 12/4/02
Facilities Rent - No Tax
Lease Amount
Before Infl. Adj. Infl. Adj. 3/1/02 9/01/2002
Monthly 2.60% Inflation Adjusted Reduction Adjusted
----------------- ----------------- ------------------ --------- --------
000 Xxxxx 00xx Xxxxxx 50,427 1,311 51,738 13,177 38,562
1841 Xxxxxxxx 11,250 293 11,543 2,892 8,650
619 Xxxxxx, Xxxxxxx 28,333 737 29,070 8,931 20,139
------ ----- ------ ------ ------
Total Monthly Rent 90,010 2,340 92,350 25,000 67,350