EXHIBIT 10.51
ADDENDUM TO LEASE
This Addendum to Lease is made by and between Cambridge Apartments, Inc.,
a Minnesota corporation ("Lessor"), and Navarre Corporation, a Minnesota
corporation ("Lessee").
WHEREAS, Lessor and Lessee entered into a certain Office/Warehouse Lease
dated April 1, 1998, as subsequently amended by that certain First Amendment to
Lease dated April 1, 1998, and Second Amendment to Office/Warehouse Lease dated
effective as of July 14, 2003 (collectively, the "Lease") pursuant to which
Lessor has leased to Lessee certain premises located in the City of New Hope
located at 0000 00xx Xxxxxx Xxxxx, Xxx Xxxx, Xxxxxxxxx (the "Demised Premises");
and
WHEREAS, Lessor and Lessee pursuant to the Second Amendment to
Office/Warehouse Lease agreed to signed this Addendum to Lease identifying the
Expiration Date of the Lease.
NOW, THEREFORE, the Lessor and Lessee agrees as follows:
1. The Expiration Date of the Lease is June 30, 2019.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK
SIGNATURE PAGE ON FOLLOWING PAGE]
[SIGNATURE PAGE TO ADDENUDM TO LEASE AGREEMENT BETWEEN
NAVARRE CORPORATION AND CAMBRIDGE APARTMENTS, INC.]
IN WITNESS WHEREOF, Lessor and Lessee have caused this Addendum to
Office/Warehouse Lease to be executed and delivered effective this 27th day of
May, 2004.
LESSOR:
CAMBRIDGE APARTMENTS, INC.
By: /s/ Xxxxx Xxxx
-----------------------------------
Its: Executive Vice President
LESSEE:
NAVARRE CORPORATION
By: ___________________________________
Its: __________________________________
[SIGNATURE PAGE TO ADDENUDM TO LEASE AGREEMENT BETWEEN
NAVARRE CORPORATION AND CAMBRIDGE APARTMENTS, INC.]
IN WITNESS WHEREOF, Lessor and Lessee have caused this Addendum to
Office/Warehouse Lease to be executed and delivered effective this 27th day of
May, 2004.
LESSOR:
CAMBRIDGE APARTMENTS, INC.
By: ___________________________________
Its: __________________________________
LESSEE:
NAVARRE CORPORATION
By: [ILLEGIBLE]
____________________________
Its: [ILLEGIBLE]
____________________________
