EXHIBIT 10.21
FIRST AMENDMENT TO LEASE AGREEMENT
TO THE LEASE dated October 7, 1991, by and between MIG III-Kappa Corporation and
now assigned to First Industrial Financing Partnership, L.P. (a Delaware Limited
Partnership) as Landlord, and Optical Sensors Incorporated (a Delaware
corporation and successor to Optical Sensors for Medicine, Inc.) as Tenant.
THIS AMENDMENT TO LEASE, entered into and made as of April 26, 1996, by and
between First Industrial Financing Partnership, L.P., as Landlord and Optical
Sensors Incorporated, as Tenant.
WITNESSETH:
WHEREAS, Landlord and Tenant have heretofore entered into a certain Lease dated
October 7, 1991 (the "Lease") covering that certain space at 0000 Xxxxxx
Xxxxxxxx Xxxxx, Xxxxx X, Xxxx Xxxxxxx, XX 00000 (the "Premises"), upon terms and
conditions described in said Lease; and
WHEREAS, Landlord and Tenant desire to amend said Lease as described below:
1. The term of the Lease as set forth in Section 1.3 thereof shall be extended
through November 30, 1999.
2. Monthly Base Rent as set forth in Section 1.4 of the Lease shall be as
follows:
December 1, 1996 - November 30, 1999 $11,888.00 per month
3. Landlord will, at Landlord's sole cost and expense, provide the improvements
to the Premises described on Exhibit A attached hereto.
4. Landlord acknowledges that Tenant uses the chemicals set forth on Exhibit B
hereto in connection with its business and that such chemicals may constitute
"Hazardous Substances" as defined in Section 14.8 of the Lease. Landlord
agrees that Tenant's use of such chemicals will not constitute a breach of or
default under the Lease as long as Tenant complies with all federal, state
and local laws and regulations applicable to the use of such chemicals.
5. Except as hereinabove set forth, all terms, provisions and covenants of the
Lease shall remain unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment as of the
date and year first above written.
LANDLORD: TENANT:
FIRST INDUSTRIAL PARTNERSHIP, L.P., OPTICAL SENSORS INCORPORATED,
a Delaware Limited Partnership a Delaware corporation
By: First Industrial Finance Corporation,
a Maryland corporation, its general
partner
By: /s/ Xxxxx Xxxx By: /s/ Xxx X. Xxxxxxxxx
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Its: Senior Regional Director Its: President and CEO
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