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EXHIBIT 10.8
LEASE AMENDMENT NO. 2
THIS LEASE AMENDMENT NO. 2 is made and entered into as of the 27th day of
February, 1997 by and between XXXXXX PLACE ASSOCIATES NOMINEE CORPORATION, a
Delaware nominee corporation (the "Landlord"), and NEUROTEC INTERNATIONAL CORP.,
a Delaware corporation (the "Tenant").
WITNESSETH:
WHEREAS, Landlord and Tenant have heretofore entered into a certain lease
dated as of February 6, 1995, demising a portion of the Skylobby of Four Xxxxxx
Place containing approximately 4,435 rentable square feet in Xxxxxx Place,
located in Boston, Massachusetts (the "Building"), which lease was amended by
Lease Amendment No. 1 dated July 27, 1995 increasing the premises demised by the
lease by approximately 2,899 rentable square feet on the Skylobby level of Four
Xxxxxx Place effective August 1, 1995 (the lease dated February 6, 1995 as so
amended being herein referred to as the "Lease");
WHEREAS, the termination date of the Lease is January 31, 1998; and
WHEREAS, the Tenant desires to extend the Term of the Lease for an
additional three (3) years and the Landlord is willing to amend the Lease to so
extend the term on the further terms and conditions hereinafter set forth.
NOW, THEREFORE, in consideration of the promises and the mutual covenants
and agreements herein contained, the receipt and sufficiency of which are hereby
acknowledged, the Landlord and Tenant hereby agree as follows:
1. The Lease is amended so that the termination date shall be January 31,
2001, unless sooner terminated as provided in the Lease.
2. Effective February 1, 1998, the subheading "Base Rent" under Paragraph
1. Basic Data of the Lease shall be deleted and there shall be inserted in lieu
thereof the following:
Base Rent: At the rate of Two Hundred Five Thousand Three Hundred
Fifty-Two and 00/100 Dollars ($205,352.00) per annum, in equal
monthly installments of Seventeen Thousand One Hundred Twelve and
67/100 Dollars ($17,112.67) per month (calculated at the rate of
$28.00 per square foot at 7,334 rentable square feet of space) (See
Paragraph 4).
3. Landlord and Tenant hereby acknowledge to each other that the Lease, as
amended hereby, is and remains in full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have caused this document to be
executed as of the date first above written.
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EXHIBIT 10.8
TENANT: LANDLORD:
NEUROTEC INTERNATIONAL CORP. XXXXXX PLACE ASSOCIATES
NOMINEE CORPORATION
By: /s/ Xxxxxx X. Xxxxxxxxx By: Overseas Management, Inc.
------------------------------ a Delaware Corporation, Agent
Its: CEO
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Hereunto duly authorized
By:/s/ Xxxx Xxxxx
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Xxxx Xxxxx
Its:
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ATTEST:
By: /s/ Xxxxxx X. Xxxxxxx
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Its: Controller
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