Exhibit 10.10.2
ADDENDUM II TO LEASE AGREEMENT
July 1, 1997
WHEREAS: Sedona GeoServices, Inc. ("Tenant"), entered into a Lease Agreement
with Xxxxx Road Associates, a Pennsylvania Partnership, ("Landlord"),
dated July 1, 1996.
WHEREAS: The existing Lease Agreement comprises 0000 xxxxxx xxxx, xxxxxxx
xxxxx #000 plus 3,734 square feet on the southwest corner of the
second floor, labeled suite #210.
WHEREAS: The Tenant is desirous of leasing additional office space in the
building on the Southeast corner of the second floor comprising of
0000 xxxxxx xxxx xxxxxxx xxxxx #000.
WHEREAS: The rent for the additional space shall be $15.00 for the period
7/1/97 - 6/30/98, which is the same rate as stated in the original
lease agreement.
WHEREAS: The second full year lease term will continue at $15.00 per square
foot, which includes both Base Rent and Common Area Costs for the
period 7/1/98 - 9/30/99(which expires at the same date as the
original lease agreement). When multiplied by the square feet of
space will yield a monthly rental rate of $6,363.75.
THEREFORE: Intending to be legally bound, Tenant and Landlord agree to the above
terms and conditions. All rights contained in the Original Lease
Agreement will apply to this Addendum and its related space.
The Landlord is including a $5,000 fit out allowance to the Tenant
which may be used towards the space refurbishment or may be used as a
deduction off of the first months rental.
Addendum to Lease
July 1, 1997
Page Two
/S/ Xxxxx X. Xxxxx /S/ Xxxxxxx X. Xxxxxxxxxx
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WITNESS LANDLORD
XXXXXXX X. XXXXXXXXXX
/S/ Xxxxxxx Xxxxxx /S/ L.L. Osterwise for XX Xxxxxx 6/19/97
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WITNESS TENANT
XXXXXX X. XXXXXX
SEDONA-GEOSERVICES, INC.
