FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE is made and entered into this 24th day of
September, 1997, by and between CSM Corporation, a Minnesota corporation,
("Landlord") and Dynamark, Inc., a Minnesota corporation, ("Tenant").
RECITALS
First: The Landlord and Tenant entered into a lease dated March 11, 1997,
covering certain premises located at 0000 Xxxxxxxxx Xxxxxx Xxxxx, Xxxxx Xxxxx,
Xxxxxxxxx (the "Lease").
Second: The parties have executed this First Amendment to Lease, to confirm
their agreement concerning certain makers related thereto;
AGREEMENT
In consideration of the above stated premises, the mutual covenants herein
contained, and for other good and valuable consideration, Landlord and Tenant
hereby agree as follows:
1. Lease Term. Notwithstanding anything in the Lease to the contrary, Landlord
and Tenant agree that the Initial Term of the Lease commenced on August 14, 1997
("Commencement Date") and will terminate on December 31, 2006, unless sooner
terminated as provided in the Lease.
2. Landlord Improvements. The Landlord and Tenant agree that the total increased
costs incurred by Landlord, and to be reimbursed by Tenant, pursuant to Section
6.1 of the Lease, were Ninety Thousand and no/100 ($90,000.00) Dollars, and that
the Tenant shall reimburse Landlord for such increased costs by paying Landlord
three installments of Thirty Thousand and no/100 ($30,000.00) each, which
installments shall be paid on October 1, 1997, November 1, 1997 and December 1,
1997.
3. Miscellaneous. Except as expressly stated herein, the Lease shall remain
unchanged and in full force and effect.
LANDLORD: TENANT:
CSM CORPORATION DYNAMARK, INC.
BY: BY: /s/ Xxxxx X. Xxxxxxxxx
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ITS: Vice President ITS: Senior Vice President
