AMENDMENT NO. 2 TO LEASE AGREEMENT
Exhibit 10.2
AMENDMENT NO. 2 TO LEASE AGREEMENT
THIS AMENDMENT is made on this 16 day of October, 2003, by and between Xxxxxxx Equities II
Limited Partnership (“Landlord”) and Professional Veterinary Products, Ltd. (“Tenant”).
WITNESSETH:
WHEREAS, Landlord and Tenant entered into that certain lease agreement (the “Lease Agreement”)
dated March 15, 2002 and amended by Amendment No. 1 dated January 22, 2003, whereby Tenant leases
approximately 87,500 square feet of space (the “Premises”) designated as Berkshire Business Park,
located at 0000 Xxxxxxxxx Xxxxx, Xxxx, XX;
WHEREAS, Tenant wishes to amortize the improvement costs for the Additional Space set forth in
Amendment No. 1 and pay such costs as Additional Rent throughout the balance of the Term; and
WHEREAS, the Commencement Date for the Additional Rent shall be November 1, 2003.
NOW, THEREFORE, Landlord and Tenant wish to amend the terms of the Lease Agreement and agree
as follows:
1) | The Additional Rent for the Additional Space shall be paid as follows: |
Period | Monthly | Annually | ||||||
November 1, 2003 — July 31, 2007 |
$ | 3,177.93 | $ | 38,135.16 |
Such Additional Rent shall be payable, in advance, together with Base Rent and Additional Rent
set forth in the Lease Agreement and Amendment No. 1, in equal monthly installments during the term
hereof.
2) | Any additional costs incurred for changes in the Scope of Work as set forth in Amendment No. 1 or additional improvements required by Tenant shall be paid directly to contractor by Tenant. | ||
3) | All other terms and conditions of the Lease as set forth in the Lease Agreement and Amendment No. 1 shall remain in full force and effect except as amended herein. |
IN WITNESS WHEREOF, the parties hereto have hereunder set their hands and seals the day and year
first above written.
ATTEST/WITNESS | LANDLORD: Xxxxxxx Equities II Limited Partnership |
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By: | KIN LLC, Managing Partner | ||||
/s/ [Illegible] | |||||
By: | /s/ Xxxxxx X. Xxxxxxx | ||||
Xxxxxx X. Xxxxxxx, Managing Member | |||||
ATTEST/WITNESS: |
TENANT: Professional Veterinary Products, Ltd. |
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/s/ Xxxxxx Xxxxxxx | By: | /s/ Xxxx X. Xxxxxxxxxx | |||
Title: Director of Finance | |||||