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Exhibit 10(c)(ii)
FIRST AMENDMENT
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This FIRST AMENDMENT is made and entered into this 1lth day of June, 1997
by and between Middlesex Development Limited Partnership (hereinafter referred
to as "Landlord") and American Science and Engineering, Inc. a Massachusetts
corporation (hereinafter referred to as "Tenant").
WITNESSETH:
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WHEREAS, Landlord and Tenant entered into a lease dated January 12, 1995
(the "Lease") with respect to 105,600 square feet of space located on the first
floor of the building located at 000 Xxxxxxxxx Xxxxxxxx, Xxxxxxxxx,
Xxxxxxxxxxxxx.
WHEREAS, Tenant desires to lease additional space in the building;
WHEREAS, Landlord has agreed to lease such additional space to Tenant and
the parties desire to modify the Lease accordingly;
NOW THEREFORE, for valuable consideration, Landlord and Tenant hereby agree
as follows:
Effective July 1, 1997, the Premises specified in Section 1.1 of the Lease
shall be increased by the addition of 9,600 square feet of rentable floor area
as shown on Exhibit A attached hereto. Accordingly, on July 1, 1997, the
Rentable Floor Area of Premises specified in Section 1.1 of the Lease shall be
increased to 115,200 square feet.
Effective July 1, 1997, the Annual Fixed Rent Rate specified in Section 1.1
of the Lease shall be increased to $513,600.00 through February 28, 2000, and
shall be $604,800.00 thereafter through the expiration or earlier termination of
the term. Consequently, as of July 1, 1997, the Monthly Fixed Rent Rate shall be
increased to $42,800.00 through February 28, 2000, and shall be $50,400.00
thereafter through the expiration or earlier termination of the term.
Effective July 1, 1997, the Tenant's Percentage specified in Section 1.1 of
the Lease shall be increased to seventy-two (72%) percent.
The Premises are leased to Tenant in an "as-is" condition, without any
representation or warranty by Landlord as to the condition of the Premises or
its suitability for Tenant's use, and without any obligation on the part of
Landlord to construct or otherwise prepare the Premises for Tenant's occupancy,
except that Landlord shall, at Tenant's sole cost, construct a demising wall in
the Premises and attach all utilities to the meters presently serving the
Premises. Landlord shall perform the work in a timely manner at commercially
reasonable rates using materials of commercially acceptable quality. The cost of
such work shall be paid for by Tenant as additional rent promptly upon Tenant's
receipt of Landlord's xxxx therefor. If Tenant fails to promptly remit such
amount to Landlord, Landlord shall have, in addition to any other rights and
remedies that may be available to Landlord, all the same rights and remedies
available under Article 8 of the Lease for the nonpayment of the Fixed Rent and
additional rent.
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Tenant warrants and represents that it has dealt with no broker in
connection with the consummation of this Amendment, other than Xxxxxxxx Company,
and in the event of any brokerage claims, other than by Xxxxxxxx Company,
against Landlord predicated upon prior dealings with Tenant, Tenant agrees to
defend the same and indemnify and hold Landlord harmless against any such claim.
Except as hereinabove provided, all of the terms, conditions and provisions
of the Lease are ratified and confirmed and shall remain in full force and
effect.
IN WITNESS WHEREFOR, Landlord and Tenant have duly executed this First
Amendment to take effect as a sealed instrument.
LANDLORD:
MIDDLESEX DEVELOPMENT LIMITED
PARTNERSHIP
By: Route 3 Associates, general partner
s/Xxxx X. Xxxxxxxx
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As Trustee, and not individually
s/Xxxxx X. Xxxxxxxx
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As Trustee, and not individually
TENANT:
AMERICAN SCIENCE AND ENGINEERING, INC.
By s/Xxxxxxx X. Xxxxxxxx
Name: Xxxxxxx X. Xxxxxxxx
Title: Vice President and
General Counsel
Hereunto Duly Authorized
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