Exhibit 10.38
AMENDMENT TO OFFICE LEASE
This Amendment to Office Lease (the "Amendment") is dated
October 1, 1997, and amends the Office Lease dated June 1, 1996,
by and between Xxxxxxxxx Group Family Partnership, a Texas
general partnership, as Landlord, and Cross-Country Auto
Retailers, Inc. (now known as Cross-Continent Auto Retailers,
Inc.)
For good and valuable consideration, the receipt of which is
hereby acknowledged, the parties to this Amendment agree as
follows:
1. PREMISES shall be amended to 9,691 square feet.
2. BASE RENT shall be amended to $10,242.00
3. TERMINATION DATE shall be amended to September 30, 2002.
4. Cross-Continent Auto Retailers, Inc. shall pay 56% of the water, gas,
electricity, taxes, insurance, and maintenance which is their share
of 1115 X. Xxxxxx. Xxxxxxxxx Group Family Partnership will xxxx
Xxxxx-Continent Auto Retailers, Inc. monthly with terms of Net 10
days.
5. All capitalized terms used and not otherwise defined in this Agreement
shall have the same meaning given them in the Office Lease.
6. Except as expressly modified herein, the Office lease is and shall
remain in full force and effect, enforceable in accordance with
the terms and provisions thereof.
7. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH
THE LAWS OF THE STATE OF TEXAS.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as
of the date first written above.
LANDLORD: XXXXXXXXX GROUP FAMILY PARTNERSHIP
a Texas general partnership
By: /s/ Xxxx Xxxxxxxxx
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Xxxx Xxxxxxxxx, General Partner
By: /s/ Xxxxxx X. Xxxx
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Xxxxxx X. Xxxx, General Partner
TENANT CROSS-CONTINENT AUTO RETAILERS, INC.
By: /s/ Xxxxx X. Xxxxxx
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Xxxxx X. Xxxxxx, Chief Financial Officer
