EXHIBIT 10.32
THIRD ADDENDUM TO LEASE
This third addendum to Lease (Third Addendum) is made between Xxxxx X.
Xxxxxxx, Xx., an unmarried man (Lessor) and Alternative Technology
Resources, Inc., (ATR), previously known as 3Net Systems, Inc., a Delaware
Corporation, (Lessee), to be a part of that certain Lease, and any
addendums thereto (The Lease), dated November 7, 1995 between Lessor and
Lessee. Lessor and Lessee agree that, not withstanding anything to the
contrary in the Lease, the Lease is hereby modified as follows:
1. Effective immediately, paragraph 2 (k) of the Lease is modified to
read approximately 5,401 sq. ft., located on the Basement, 2nd and 3rd
floors of the Building.
2. Effective immediately, paragraphs 2 (a) & (i) of the Lease are
modified to read: Base Rent shall now be $87,198.60 per year. Monthly
Installments of base Rent shall be $7,266.55 per month.
3. Paragraph 2 (g) is modified to extend the Lease Term to December 31,
1998.
4. All other terms and conditions of the Lease not inconsistent herewith
are incorporated herein by reference as though fully set forth and remain
in full force and effect unless modified by this Third Addendum to Lease.
Agreed and Accepted
LESSOR: LESSEE:
XXXXX X. XXXXXXX, XX., Alternative Technology Resources, Inc.,
An unmarried man A Delaware Corporation
By: /S/ XXXXX X. XXXXXXX By: /S/ W. XXXXXX XXXX
Title: ATTORNEY IN FACT Title: CHIEF EXECUTIVE OFFICER
Date: JANUARY 5, 1998 Date: JANUARY 6, 1998
