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EXHIBIT 10.1
SECOND LEASE AMENDMENT
This Lease Amendment ("Amendment") is made and entered into as of the
31st day of March, 1997, by and between OLG, Limited, an Ohio limited liability
company ("Owner"), and X'Xxxx-Xxxx & Xxxxxxxxxx Armoring Company, a Delaware
corporation ("Tenant").
W I T N E S S E T H
WHEREAS, Owner and Tenant as parties to a certain Lease, dated as of
March 12, 1997, as amended by an Amendment to Lease, dated August 20, 1997 (the
Lease as amended by the Amendment to Lease, the "Lease"), relating to certain
property located at 0000 Xxxxxxxxx Xxxx, Xxxxxxxxx, Xxxx 00000 ("Property");
and
WHEREAS, the initial term of this Lease expires on March 31, 1997, and
Tenant desires to exercise its option to extend the term of the Lease;
NOW, THEREFORE, in consideration of the premises, and other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties agree as follows:
1. The term of the Lease is hereby extended through 11:59 p.m. on July
31, 1997. The base rental rate for the period from April 1, 1997, through July
31, 1997, shall be $21,000.00 per month, payable on the first day of each month
commencing on April 1, 1997.
2. Upon the sale of the Property by Owner, Tenant shall have the
option of terminating this Lease upon five (5) days notice to Owner.
3. All of the terms of the Lease not amended hereby shall remain in
full force and effect.
The undersigned have executed this Amendment as of the date first
above written.
OLG, Limited
By: /s/ XXXXXXXX X. XXXXXXXXXX
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Xxxxxxxx X. Xxxxxxxxxx, Manager
X'Xxxx-Xxxx & Xxxxxxxxxx Armoring Company
By: /s/ XXXXX X. XXXXXX
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Xxxxx X. Xxxxxx, Vice President
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