EXHIBIT 10.3
[XXX XXXX COMPANY LOGO]
February 4, 2002
Xxxx Xxxxx
General Magic, Inc.
000 Xxxxx Xxxx Xxxxxx
Xxxxxxxxx, XX 00000
Re: Xxxxxx-Xxxx Lease to General Magic, Inc. for Premises at
000 Xxxxx Xxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxx
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Dear Xxxx:
As additional consideration for the execution, on or before February
19, 2002, of the Lease, the terms of which are currently under negotiation by
Xxxxxx Xxxx and General Magic, Xxxxxx-Xxxx hereby agrees to waive payment of
Base Rent under the existing Lease for March, April, May and June and will also
refund (within 10 days after Lease execution) February Base Rent, for a net
benefit to General Magic in the sum of $186,102.00.
Xxx Xxxx Company,
By: /s/ Xxx Xxxx
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Xxx Xxxx,
Managing Partner
cc: Xxxxxxx Xxxxxxxxxx
Xxxxxx X. Xxxxxxx, Esq.
