EXHIBIT 10.1-4
FIRST AMENDMENT TO LEASE
STATE OF GEORGIA
COUNTY OF GWINNETT
THIS, FIRST Amendment to Lease, made and entered into this 8th day of
March, 1998 by and between XXXXXXX REALTY, L.P., successor to Connecticut
General Life Insurance Company on behalf of its Separate Account R,
hereafter referred to as "Lessor" and Immucor , Inc. hereafter referred to
as "Lessee";
WITNESSETH
WHEREAS, Lessor and Lessee entered into a Lease Agreement dated
February 2, 1996 for the Premises located at Suite 600 at 0000 Xxxxxxx Xxxxx,
xxx Xxxxx 000, 000, and 500 at 0000 Xxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxx 00000
containing 47,452 square feet (hereinafter referred to as "Lease");
NOW THEREFORE, in consideration of the Premises, the sum of ten and no/100
dollars ($10.00) in hand paid by Lessee to Lessor, and for other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:
1. EXTENSION
In further reference to Section 2 of the Lease, the Lease shall be extended
for twenty four (24) months from May 1, 2001 to April 30, 2003.
2. PREMISES
As of March 1, 1998, the Premises shall be expanded to include 6,238
rentable square feet in Suite 600 at 0000 Xxxxxxx Xxxxx. The new size of
the Premises shall be 53,690 rentable square feet.
3. BASE RENT
In further reference to Section 3 and Special Stipulation 36 of the
original Lease, as of March 1, 1998 Base Rent shall be paid by Lessee to
Lessor for the entire Premises (53,690 rsf) per the following schedule:
Base Rent Schedule
Months PRSF Monthly Annum
3/01/98 to 4/30/98 6.83 $30,558.56 $366,702.70
5/01/98 to 4/30/99 7.17 $32,079.78 $384,957.30
5/01/99 to 4/30/2000 7.46 $33,362.97 $400,355.59
5/01/2000 to 4/30/2001 7.76 $34,697.48 $416,369.82
5/01/2001 to 4/30/2002 8.07 $36,085.38 $433,024.61
5/01/2002 to 4/30/2003 8.39 $37,528.80 $450,345.59
The Base Rent payments are due without deduction, notice or set off, in
advance on the first day of each month throughout the term of this Lease.
The aforesaid payments of rent are to be made to Lessor at:
Xxxxxxx Realty, L.P.
c/o Crocker Realty Management, Inc.
000 Xxxxx Xxxx
Xxxxx 000
Xxxx Xxxxx, Xxxxxxx 00000
or any other place which Lessor, from time to time might designate.
FIRST AMENDMENT TO LEASE
IMMUCOR, INC.
PAGE TWO
4. CONDITION OF PREMISES
Lessee accepts the Premises in "as is "condition.
5. IMPROVEMENT ALLOWANCE
Lessor shall provide an Allowance of Sixty Two Thousand Three Hundred Eighty
Dollars ($62,380.00) to renovate the Premises according to the Provisions of
Exhibit A.
6. LIENS
As stated in Section 16 of the Lease, in no event shall any work be done
which would allow a lien to be placed against the Premises, any such lien
shall create a default of Lessee under this Lease if not removed or lawfully
bonded with ten (10) calendar days following Lessor's discovery thereof.
7. DELETION OF SECTIONS 38 AND 39
Section 38, Renewal Option, and Section 39, Right of First Offer, are hereby
deleted from this Lease and shall be of no further force or effect.
Except as amended hereby, The lease shall remain in full force and effect
and same is hereby ratified and confirmed.
IN WITNESS WHEREOF, the parties hereto have set their hand and seal this
day and year first above written.
LESSOR:
Signed, Sealed and delivered in the XXXXXXX REALTY, L.P. a Delaware
presence of: limited partnership
BY: CRT-GP, LLC, a Delaware
limited liability company,
its sole general partner
BY: Xxxxxxx Operating Partnership,
L.P., a Delaware Limited
partnership, its sol member
BY: Xxxxxxx Realty Trust, Inc., a
Witness:__________________________ Maryland corporation, its sole
generl partner
Witness:_________________________ BY:_______________________
Name: Xxxxxxxxxxx X. Xxxxxx
Title: Vice President
[CORPORATE SEAL]
LESSEE:
IMMUCOR, INC.
Witness:_________________________ BY:____________________________________
TITLE: ________________________________
Witness: ________________________ [SEAL]
