AGREEMENT FOR THE
EIGHTH AMENDMENT TO A LEASE
On this 16th day of October 1996, it is hereby agreed by and between HILLCREST
DEVELOPMENT, a limited partnership, as Lessor, and NICOLLET PROCESS ENGINEERING
INC., a Minnesota corporation, as Tenant, that the Lease Agreement dated January
1, 1993 and the first seven (7) Amendments to that same Lease, the last of which
is dated August 26, 1996, shall be amended as follows:
1. Lessor and Tenant agree that Tenant shall lease an additional 1,000
rentable square feet designated as a "storage" usage, in Suite 1075 for
a term of thirty-eight (38) months, beginning November 1, 1996 and
continuing through December 31, 1999. The net rental rates for Tenant's
combined total of 2,200 rentable square feet of storage space in Suite
1075 shall be as follows:
November 1, 1996-December 31, 1996 $366.67 per month NET.
January 1, 1997-December 31, 1998 $476.67 per month NET.
January 1, 1999-December 31, 1999 $504.17 per month NET.
Operating expenses and Real Estate Taxes shall be escrowed and paid to
Lessor by Tenant at their then current levels.
2. Tenant's "office" space in Suite #1075 shall remain at its current
square footage.
Except as herein stated, all terms and conditions of the aforementioned Lease
shall remain in full force and effect.
Tenant: Lessor:
NICOLLET PROCESS ENGINEERING INC. HILLCREST DEVELOPMENT
a Minnesota corporation
By: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxxxxxx
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Xxxxxx X. Xxxxxx Xxxxx X. Xxxxxxxxx
Its: President & CEO Its: General Partner
Date: 10/17/96 Date: 10/8/96
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