EXHIBIT 10.14
SECOND AMENDMENT TO LEASE AGREEMENT
This SECOND AMENDMENT TO LEASE AGREEMENT is dated this 23rd day of
September, 2003 by and between TC Albuquerque Rose Interests, LLC and TC
Albuquerque Rabina Interests, LLC ("Landlord") and New Mexico Software
("Tenant") with reference to the following facts:
WITNESSETH:
WHEREAS, Landlord and Tenant entered into a Lease Agreement dated August 4,
1999, First Amendment to Lease dated May 17, 2000, pursuant to which Tenant
leased from Landlord 6,002 rentable sf at 0000 Xxxxxx Xxxxxx Xx XX,
Xxxxxxxxxxx, Xxx Xxxxxx ("the Premises"); and
WHEREAS, the parties desire to amend the Lease as set forth below,
NOW THEREFORE, for valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, Landlord and Tenant agree as follows:
1. TERM: The Term of the Lease will remain the same and expire July 31,
2004.
2. PREMISES: Tenant will remain responsible for the entire 6,002 square
feet and agrees to only occupy Suite 300 comprised of approximately 2886
square feet.
3. MONTHLY BASE RENT: The Monthly Base Rent including cam, tax and
insurance except as stated in 4 and 5 below during the Term shall be
computed as follows:
August 1, 2003 - July 31, 2004 $3,000/mo $12.47 psf
4. UTILITIES: Tenant will continue to pay directly for the Electric and
Gas service to the Premises in accordance with Article 9 of the Lease.
5. JANITORIAL: Tenant will continue to contract directly for its own
Janitorial Services for the Premises.
6. TERMINATION OPTION: Landlord has the right to give Tenant 30 days
written notice to vacate the premises.
7. SHOWING: Landlord has the right to show the premises during normal
business hours.
8. NOTICES: Unless and until Landlord is notified otherwise, all notices
to Tenant shall be sent to the following addresses:
New Mexico Software
0000 Xxxxxx Xxxxxx Xxxx XX
Xxxxxxxxxxx, XX 00000
Unless and until Tenant is notified otherwise, all notices to Landlord
shall be sent to the following addresses:
Communico Management, LLC
0000 0xx Xxxxxx, Xxxx 00
Xxxxx Xx, Xxx Xxxxxx 00000
Attention: Xxxxxxx X. Xxxx
Xxxxxx Realty Inc
000 Xxxxx Xxxxxx Xxxx, #000
Xxxxxxxxx, XX 00000
Attention: Xxxx Xxxxxx
With a copy to
Xxxxx Xxxxxxx, Xxxxxxxx Xxxx P.C.
000 00xx Xxxxxx, Xxxxx 0000
Xxxxxx, Xxxxxxxx 00000
Attention: Xxxxx Xxxxxxxx
9. BROKERAGE: Landlord does not agree to pay any brokerage fees for the
reletting of the premises.
10. PROMISSORY NOTE: As incentive for the Landlord to allow the reduction
of space; attached hereto as Exhibit A is a Promissory Note in the amount
of $29,352. A default under the Promissory note by Tenant will be a
default under Section 27 of the Lease Agreement and the Landlord may
exercise it rights to remedy such default without further notice or demand
of any kind.
11. OTHER CONDITIONS: Except as revised by the First Amendment to Lease,
and this Second Amendment to Lease, the Lease continues unchanged, in full
force and
effect. Capitalized terms not otherwise defined herein retain the
definition afforded them in the Lease.
THE PARTIES HERETO have executed this Second Amendment as of the day and
year last below written.
LANDLORD
TC Albuquerque Rose Interests, LLC
BY: /s/ Xxxxxxx Xxxx
Its:
date:
LANDLORD
TC Albuquerque Rabina Interests, LLC
BY: /s/ Xxxxxxx Xxxx
Its:
date:
TENANT
New Mexico Software
By: /s/ Xxxxxxx Xxxxxxxx
Its: President
