THIRD AMENDMENT TO LEASE
THIS THIRD AMENDMENT TO LEASE ("Third Amendment") is entered into effective
as of December 30, 1999 between Merham Partners, LLC, a Missouri Limited
Liability Corporation, Landlord and XxxxXxxxx.xxx, Inc., a Nevada Corporation,
Tenant.
RECITALS
--------
A. Landlord and Tenant are parties the Lease dated September 16, 1998, it's
First Amendment dated July 23, 1999, it's Second Amendment dated July 30, 1999
and it's Assignment and Assumption Agreement, for the lease of the Premises
known as Suites 3000 and 3675, located at 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxxxxx
Xxxxxxx, Xxxxxxxx 00000.
B. Landlord and Tenant desire to amend the Lease in accordance with the
following provisions.
AGREEMENT
---------
For good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged by the parties, the parties agree as follows:
1. Expansion Premises. The Premises shall be expanded ("Expansion
Premises") pursuant to Exhibit A-3, attached, to include the Expansion Premises
located at 0000 Xxxxx Xxxxxx Xxxxxx, Xxxxxx 0000 and 3850, Xxxxxxxxx Xxxxxxx,
Xxxxxxxx 00000, hereinafter attached to and referred to as Suite 3000.
2. Term. This Lease shall be extended to terminate at 11:59 p.m. on the
31st day of October, 2002.
3. Early Occupancy. Landlord allows Tenant early occupancy to the available
vacant portions of the Expansion Premises and the balance as it becomes vacant
or upon substantial completion of the tenant improvements, beginning December
30, 1999, through January 29, 2000 at no charge, under the terms and conditions
of the Lease, for the purposes of installing telephone and data lines, fixtures
and personal property.
4. Base Rent. Pursuant to paragraph 3.1 of the Lease, Base Rent Shall be
paid according to the schedule below:
Lease Year Monthly Payment Sub Total
---------- --------------- ---------
2/1/00 - 10/31/00 $8,374.00 $75,366.00
11/1/00 - 10/31/01 $8,507.00 $102,084.00
11/1/01 - 10/31/02 $8,507.00 $102,084.00
5. Security Deposit. Pursuant to paragraph 7.1 of the Lease, the amount
shall be increased to eight thousand, five hundred seven dollars ($8,507.00),
with five thousand, seven hundred sixty-one dollars ($5,761.00) being carried
forward from the Lease.
6. Reaffirmation of Lease. Except as otherwise expressly modified herein,
the terms of the Lease are hereby affirmed by Landlord and Tenant and such terms
shall remain in full force and effect.
7. Capitalized Terms. Unless otherwise defined herein, capitalized terms
used in this Third Amendment shall have the same meaning as defined in the
Lease.
8. Conflict. In the event of conflict between the terms of this Third
Amendment and the terms of the Lease, the terms of this Third Amendment shall
control.
The parties have executed this Third Amendment as of the date first written
above.
LANDLORD
Merham Partners, LLC
a Missouri Limited Liability Corporation
By: ____________________________________
Name: Xxxxxx Xxxxx Strong
Title: Vice President
TENANT
XxxxXxxxx.xxx, Inc.
a Nevada Corporation
By: ____________________________________
Name: Xxxxxx Xxxxxx
Title: CEO
EXHIBIT A-3
EXPANSION PREMISES
EXHIBIT B-3
Landlord at it's sole expense shall provide the tenant improvements
indicated on the list and drawing below:
A. Demolish Closet door to connect suites in the Expansion Premises.
B. Install a fourplex electrical outlet in the Second Amendment, Expanded
Premises in the approximate location indicated on this Exhibit, actual
location to be finally determined between Landlord and Tenant.
C. Repair or replace the door to include a lockset, in the Second
Amendment, Expanded Premises in the approximate location indicated on
this Exhibit
D. Relocate suite sign to the location indicated.
E. Install building standard mini-blind on entry door of the former suite
3050.
F. Demolish carpet in the portion of the Expanded Premises formerly
referred to as Suite 3050 and install that used carpet into the
original Premises, indicated in Exhibit A of the Lease, in the
reception and the office directly to the left of the entry door,
subject to available demolition carpet.
G. Minor changes , mutually agrred upon between Landlord and Tenant, not
to exceed one thousand dollars ($1,000.00).
H. Install new carpet throughout the Third Amendment Expansion Premises.
I. Paint and/or touchup paint throughout the Third Amendment Expansion
Premises.
J. Re-key all doors entry doors as directed by Tenant, while retaining
building access system.
EXHIBIT C-3
CORPORATE RESOLUTION
RESOLUTION OF THE BOARD OF DIRECTORS AUTHORIZING LEASE AMENDMENT
RESOLUTION OF THE BOARD OF DIRECTORS
OF
XXXXXXXXX.XXX, INC.
A meeting of the board of directors of this corporation was duly called and held
on December 30, 1999.
A quorum of the board of directors was present and at the meeting it was
decided, by majority vote, that it has become necessary to enter into a Lease of
the Premises located at: 0000 Xxxxx Xxxxxx Xxxxxx, Suites formerly known as 3050
and 3850 hereinafter referred to as xxxxx 0000, Xxxxxxxxx Xxxxxxx, Xxxxxxxx
00000.
Therefore, it is resolved, that this corporation enter into a Lease for the
period from February 1, 2000 through, October 31, 2002 with Merham Partners,
LLC, Landlord for the Premises.
Base Rent shall be paid as illustrated below:
Base Rent. Pursuant to paragraph 3.1 of the Lease, Base Rent Shall be paid
according to the schedule below:
Lease Year Monthly Payment Sub Total
2/1/00 - 10/31/00 $8,374.00 $75,366.00
11/1/00 - 10/31/01 $8,507.00 $102,084.00
11/1/01 - 10/31/02 $8,507.00 $102,084.00
The officers of this corporation are hereby authorized to perform all necessary
acts to enter into such Lease.
The undersigned, certifies that he or she is the duly elected Director of this
corporation and that the above is a true and correct copy of the resolution that
was duly adopted at a meeting of the board of directors which was held in
accordance with state law and the By-Laws of the corporation on December 30,
1999.
I further certify that such resolution is now in full force and effect.
Dated
----------------------------------------
SEAL
----------------------------------------------
Xxxxxx Xxxxxx, Director
