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Exhibit 10.57a
ADDENDUM TO LEASE
This Addendum to Lease is made and entered into the 18th day of
February, 1996, between CONIFER NORTHEAST ASSOCIATES (Landlord) and MONRO
MUFFLER BRAKE, INC. (Tenant).
WITNESSETH: that Tenant currently leases and occupies a building
located at Plattsburg, New York, consisting of approximately 4,450 square feet
pursuant to a Lease Agreement dated February 25, 1988 (Lease).
WHEREAS, the Tenant has agreed to exercise its first option to renew,
NOW, THEREFORE, it is mutually agreed upon by Landlord and Tenant to
modify certain provisions of the lease as follows:
1. Tenant hereby agrees to extend the Term of the Lease Agreement for a five
year period. Accordingly, Tenant's Base Rent, effective upon the
commencement of the extension period shall be as follows:
Period Annual Base Rent Monthly Base Rent
------ ---------------- -----------------
3/1/98-2/28/03 $51,120.00 $4,260.00
2. In addition to the provisions of Section 20, "Renewal Options" of the Lease
Agreement, Tenant shall have a successive option to renew this Lease upon
expiration of the second renewal option provided that this Lease shall be
in full force and effect. The additional renewal term shall be for a period
of five (5) years under the same terms and conditions as the initial term,
except that Minimum Rent shall be as follows:
Period Annual Base Rent Monthly Base Rent
------ ---------------- -----------------
3/1/08-2/28/13 $59,977.00 $4,998.08
Except as modified above, all other terms and conditions of the Lease
Agreement dated February 11, 1988 shall remain unchanged and in full force and
effect.
Agreed To By: Agreed To By:
MONRO MUFFLER BRAKE, INC. CONIFER NORTHEAST ASSOCIATES
BY: BY:
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DATE: DATE:
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