LEASE ADDENDUM FOR TEMPORARY SPACE
Exhibit 10.13
KETTLER® Realty 0000 Xxxxxx Xxxxxx Xxxx Xxxxxxxx Xxxxx, XX 00000 XXX Tel: 000.000.0000 Fax: 000.000.0000 |
LEASE ADDENDUM FOR TEMPORARY SPACE
This Agreement is made and entered into this
1st day of December, 2009, by and between Kettler Realty Corp.,
hereinafter referred to as “Landlord” and ADS, INC., hereinafter referred to as
“Tenant”.
WITNESSETH:
Whereas, Landlord and Tenant entered into a Lease dated May 22,
2007 for certain premises known as 0000 Xxxxxx Xxxxxx Xxxx, Xxxxxxxx Xxxxx, Xxxxxxxx
00000 are incorporated herein by reference; and
Whereas, the parties hereto desire to lease additional space located
adjacent to the existing leased premises on a monthly basis in accordance with the
terms and provisions hereinafter set forth; and
Now, Therefore, in consideration of the mutual covenants hereinafter
set forth and effective December 1, 2009, said Lease shall be amended as follows:
1. An additional leased space of approximately 4,150 square feet of gross floor
area located in the mid-section of the KETTLER Distribution Center will be occupied
by Tenant.
2. The term of this lease shall be month to month and shall commence on December
1, 2009 (“Commencement Date”) and end on the last day of the calendar month following
a 30 day written notice by either party.
3. Tenant agrees to pay Landlord as rent for the Premises a monthly Rent as
follows: Two Thousand Two Hundred Fifty and 00/100 Dollars ($2,250.00). The Rent is
inclusive of all charges. Each monthly installment shall be due and payable without
demand therefor being made and without offset of any kind in advance upon the first
day of each calendar month of the Term at the office of and made payable to Landlord
0000 Xxxxxx Xxxxxx Xxxx, Xxxxxxxx Xxxxx, XX 00000 or at such other place as Landlord
may, from time to time, designate in writing.
4. Landlord and Tenant shall be bound by the terms and conditions of said
original Lease Agreement except as changed in this Lease Addendum. The terms of said
original Lease are incorporated herein by reference.
Signature on the following page.
Witness The Following Signatures:
Landlord: Kettler Realty Corp. |
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Date: 12-6-09 | By: | /s/ Xxxxxx Xxxxxx | ||
Xxxxxx Xxxxxx | ||||
Tenant: ADS, Inc. |
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Date: 12/3/09 | By: | /s/ Xxxxxx X. Hocelbaker | ||
Xxxxxx X. Hocelbaker | ||||