SECOND AMENDMENT TO LEASE AGREEMENT
THIS SECOND AMENDMENT TO LEASE AGREEMENT is made this 31ST day of
MARCH, 1998, to the Lease dated March 12th, 1997, and First Amendment to Lease
Agreement, dated December 22, 1997, by and between SCOTTSDALE STETSON
CORPORATION, AN ARIZONA CORPORATION, as Landlord, and SOLPOWER CORPORATION
(FORMERLY KNOWN AS VIRTUAL TECHNOLOGIES, INC.), A NEVADA CORPORATION, as Tenant,
for the premises located at 0000 Xxxx Xxxxxxx Xxxxx, Xxxxx 000, Xxxx xx
Xxxxxxxxxx, Xxxxxx of Maricopa, State of Arizona, known as the "Existing Lease".
WITNESSETH:
WHEREAS, it is the mutual desire of the parties herein above to amend
said Lease as follows:
1. The name of Tenant has been formally changed to SOLPOWER
CORPORATION, a Nevada corporation.
2. The term of the lease is hereby extended from March 12th, 1999
to June 30th, 2000, with the Guaranteed Minimum Monthly Rental
being increased to $1,960.67.
All other terms and conditions set forth in the existing Lease Agreement and
First Amendment to Lease Agreement remain in effect.
In witness whereof, this Second Amendment to Lease Agreement has been executed
on the date first written above.
SCOTTSDALE STETSON CORPORATION, LANDLORD
/s/ Xxxxxxx X. Xxxxx
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BY: XXXXXXX X. XXXXX
TITLE: PRESIDENT
SOLPOWER CORPORATION, TENANT
/s/ XXXX XXXXXXXX
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BY: XXXX XXXXXXXX
TITLE: PRESIDENT
