AMENDMENT NUMBER ONE
This Lease Amendment, dated as of January 23, 1997 for reference purposes
only is to that certain lease dated January 1, 1996 by and between Xxxxxxxx Real
Estate Services, inc., as Landlord and EL TRAX SYSTEMS, INC., AND NORDATA, INC.
DBA DATATECH, as Tenant for the premises at 00000 X Xxxxx Xxxxxx, Xxxxx 0000 and
0000, Xxx Xxxx Xxxxxxxxxx, XX 00000.
R E C I T A L S
A. On January 1, 1996 Xxxxxxxx Real Estate Services, Inc. (the
"Landlord") and, EL TRAX SYSTEMS, INC., AND NORDATA, INC. DBA
DATATECH, (the "Tenant") entered into a written Lease (the "Lease")
for space (the "Premises") in that certain business park located at
00000X Xxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx Xxxxxxxxxx, XX 00000.
B. Landlord and Tenant desire to amend the Lease to extend the Lease term
on a Month To Month basis not to exceed (6) months (ending June 30,
1997).
NOWTHEREFORE, THE PARTIES HEREBY AGREE:
1. EXTENDED LEASE TERM: Landlord and Tenant agree to an extended Lease
term on a Month to Month basis not to exceed (6) Six Months. This
extension shall commence January 1, 1997 and end at midnight June 30,
1997.
2. BASE RENT:
Months 1-6 $ 2414 per month
3. OPERATING EXPENSES:
Months 1-6 $ 80 per month
4. OPTION TO EXTEND: Provided tenant has not defaulted at any time
during the current lease, Lessee may, at it's option renew this Lease
at any time for another 6 months at Current Market Rates. Lessee
shall have given at least 30 days written notice of its intention to
either exercise the option to renew or intention to vacate.
5. MISCELLANEOUS PROVISIONS: Notwithstanding the above provisions, all
other terms, covenants and conditions of the Lease shall remain in
full force and effect.
LANDLORD:
SOLELY AS AGENT FOR:
XXXXXXXX REAL ESTATE SERVICES, INC.
BY: /s/ XXXX XXXXXXX
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AGENT
XXXX XXXXXXX, PROPERTY MANAGER
TENANT:
BY: /s/ XXXXXX X. XXXXXX
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XXXXXX X. XXXXXX VP FINANCE NORDATA, INC.
