EXHIBIT 10.33
LEASE FOR
0000 XXXXXXXXX
XXXX XXXXXXX, XXXXXXXX
THIS AGREEMENT of Lease (hereinafter referred to as "Lease") is made this
17th day of February, 1993 between XXXXX RIVER PAPER COMPANY, INC., a Virginia
corporation, having its principal business office at 000 Xxxxxxxx Xxxxxx,
Xxxxxxxx, Xxxxxxxx 00000-0000, (hereinafter referred to as "Landlord"), and
CENTRAL INK COMPANY, an Illinois corporation, having its principal business
office at 0000 X. Xxxxxxxxx, Xxxx Xxxxxxx, XX 00000 (hereinafter referred to as
"Tenant").
WITNESSETH:
That Landlord in consideration of the rents and covenants specified to be
paid and performed by Tenant, hereby leases to Tenant and Tenant hereby rents
from Landlord the Leased Premises hereinafter described upon the terms and
conditions set forth:
1. LEASED PREMISES. The Leased Premises shall consist of approximately seven
thousand (7,000) square feet of commercial warehouse and contiguous office
space located in an approximately sixty-eight thousand (68,000) square foot
Building at 0000 Xxxxxxxxx, Xxxx Xxxxxxx, Xxxxxxxx, depicted on Exhibit A
attached hereto and made a part hereof. Such office space shall be
comprised of the block of four (4) offices (two [2] contiguous to the
warehouse; two [2] with window line) at the north end of the office area.
Landlord shall secure this area for the exclusive use of Landlord and
Tenant. Tenant shall have temporary access to the office bathrooms and
lunchroom area through the office corridor until Landlord leases this space
to another tenant who requests to have the area secured. Tenant shall have
an expansion option as set forth in Paragraph 9. The Leased Premises shall
include all easements, improvements, tenements, appurtenances, fixtures,
rights and privileges thereto belonging or in any way appertaining, and
including common areas ("Common Areas") and rights-of-way relating to or
affecting the Leased Premises. All heating, ventilation, air conditioning,
plumbing, lighting, electrical and other fixtures, mains, ducts, conduits
and systems necessary to the general operations and maintenance of the
Leased Premises shall be and remain the property of Landlord, whether
present at the commencement of the Term or subsequently purchased by
Landlord. All improvements to the Leased Premises made by Landlord shall be
the property of Landlord.
2. TERM. The original Term of this Lease shall commence on the date first
recited above (the "Commencement Date") and shall expire on the one (1)
year anniversary thereof, unless terminated sooner in accordance with the
Terms of this Lease. Any delay in commencement shall not extend the Term
hereof. Thereafter, Tenant shall have the option to renew this Lease for
concurrent annual (twelve [12] month) renewal Terms (the "Renewal Term")
upon ninety (90) days written
notice to Landlord prior to the expiration of the original Term and each
subsequent Renewal Term. The renewal options shall in no event extend the
Term of this Lease beyond January 31, 1996.
3. RENT.
(a) On or before the first day of each calendar month of the Term, Tenant
shall pay Landlord Rent in the sum of Two Thousand One Hundred and Eighty-
Seven Dollars and Fifty Cents ($2,187.50) full gross (to include Rent,
Taxes, Insurance, Common Areas Maintenance, heat and electricity),
calculated as Three Dollars and Seventy-Five Cents per Square Foot ($3.75
per sq. ft.), which payment shall be made to Landlord at its principal
business office or at such other place designated by Landlord in a notice
to Tenant. If the original Term shall commence on a day other than the
first day of a calendar month, then Tenant shall pay on the Commencement
Date a portion of the Rent for that calendar month prorated on a per diem
basis with respect to the portion of the fractional calendar month included
in the original Term. Landlord shall have the right to increase the Rent
five percent (5%) above the then existing Rent on the one (1) year
anniversary date of the Commencement Date. Landlord shall provide Tenant
thirty (30) days' prior written notice of such Rent increase. Thereafter,
on each subsequent annual anniversary of the Commencement Date, Landlord
shall have the right to increase the Rent at a market rate to be determined
by mutual agreement between the parties at least thirty (30) days prior to
the start of each Renewal Term. If Landlord and Tenant cannot agree upon a
market rate increase to the Rent, this Lease shall terminate automatically
on the expiration of the then existing Renewal Term.
(b) Tenant shall deposit with Landlord on the Commencement Date Two
Thousand One Hundred Eighty-Seven Dollars and Fifty Cents ($2,187.50),
which represents one month's Rent, as security for Tenant's compliance with
the terms and conditions of this Lease. Tenant shall not mortgage, assign
or encumber Tenant's rights to the security deposit. The security deposit
shall not be used by Tenant towards the payment of Rent hereunder. Upon
expiration or earlier termination of this Lease, Landlord may apply the
security deposit toward any Rent that Tenant has not paid, and Landlord may
use the security deposit to pay for any costs or damages caused by the
breach of any term of this Lease. Landlord shall return to Tenant the
remainder of the security deposit, if any, plus interest, within thirty
(30) days after the expiration or earlier termination of this Lease. The
return to Tenant of the security deposit shall not affect any additional
claim that Landlord may have against Tenant for Tenant's breach of any of
the terms of this Lease.
4. TAXES. Landlord shall pay all taxes and other governmental charges or
levies, general and special, ordinary and
extraordinary, unforeseen as well as foreseen, of any kind and nature for
public improvements, services or benefits (hereinafter collectively
referred to as "Taxes"), which are assessed, levied, confirmed, imposed or
which become a lien upon the Leased Premises or become payable with respect
to a period of time occurring within the Term. As used herein, the term
"Taxes" shall include any form of assessment, license fee, license tax,
business fee, business license tax, commercial rental tax, levy, charge,
penalty, tax or similar imposition, imposed by any authority having the
direct power to tax, including any city, county, state or federal
government, or any school, agricultural, lighting, drainage or other
improvement or special assessment district thereof, as against any legal or
equitable interest of Landlord in the Leased Premises. Notwithstanding the
foregoing, Tenant shall pay or cause to be paid any and all taxes and
assessments levied upon any and all trade fixtures, inventories and other
personal property placed in or upon the Leased Premises by Tenant.
5. UTILITIES. Landlord shall be solely responsible for and shall promptly pay
all charges for electricity, water, sewer, heat, common area maintenance
and any other utilities used or consumed on the Leased Premises. Tenant
shall be solely responsible for any telephone, facsimile or other
communication services used by Tenant in the operation of its business on
the Leased Premises. Landlord shall not be liable for interruption in or
curtailment of any utility service, nor shall any such interruption or
curtailment constitute a constructive eviction or grounds for Rent
abatement in whole or in part hereunder.
6. LANDLORD REPAIR AND MAINTENANCE. Except as may be attributable to the
Tenant's negligence or willful misconduct or breach of its obligations
hereunder, Landlord shall keep and maintain in good condition and repair
the exterior walls, structural elements and the roof structure and roof
skin of the Building. In addition, Landlord shall maintain the driveways,
sidewalks, walkways, parking lots and other Common Areas of the Building.
Tenant expressly waives the benefit of any statute or regulation that would
otherwise afford Tenant the right to make repairs at Landlord's expense or
to terminate this Lease because of Landlord's failure to keep the Leased
Premises in good order, condition and repair. Landlord shall not be liable
to Tenant for injury or damage that may result from any defect in the
construction or condition of the Leased Premises. Tenant waives any right
to make repairs at the expense of Landlord under any law, statute or
ordinance now or hereafter in effect.
7. ALTERATIONS AND FIXTURES.
(a) Installation and Removal of Alterations. Tenant shall not, without
Landlord's prior written consent, make any alterations, improvements or
additions, including, without limitation, the installation of lighting
fixtures, space
- 3 -
heaters, air conditioning, electrical equipment, power panels, carpeting,
window coverings, air lines and fencing or other changes in, on or about
the Leased Premises, except for interior non-structural alterations. In no
event shall Tenant be entitled to penetrate the exterior or roof of the
Building with respect to any alteration without Landlord's prior written
approval. Landlord may permit Tenant to remove any or all said alterations
at the expiration of the Term and restore the Leases Premises to their
condition prior to Tenant's installing alterations, ordinary wear and tear
excepted. If Tenant makes any alterations without the prior approval of
Landlord, Landlord may require that Tenant remove any or all of the same.
(b) Expiration of Term. Unless Landlord permits their removal, as set forth
above, all alterations which are made by Tenant on the Leased Premises
shall become the property of Landlord and shall remain upon and be
surrendered with the Leased Premises at the expiration of the Term or upon
earlier termination. Notwithstanding the provision of this section,
Tenant's machinery and equipment, other than that which is affixed to the
Leased Premises so that it cannot be removed without material damage to the
Leased Premises, shall remain the property of the Tenant and may be removed
by Tenant. Subject to the foregoing, on the expiration date of the Term
hereof, or on any earlier termination, Tenant shall surrender the Leased
Premises to Landlord in the same condition as when received, broom clean,
ordinary wear and tear excepted. Tenant, at its sole cost and expense,
shall repair any damage to the Leased Premises occasioned by the removal of
Tenant's trade fixtures, furnishings and equipment pursuant to this
section, which repair shall include the patching and filling of holes and
repair of structural damage. Notwithstanding anything to the contrary
stated or implied elsewhere in this Lease, Tenant shall leave all power
panels, electrical systems, lighting fixtures, plumbing, space heaters, air
conditioning, air lines, and fencing on the Leased Premises in good
operating condition.
(c) Installation and Removal of Fixtures. Except as may be otherwise
provided above, Tenant, at Tenant's sole cost and expense, may install any
necessary trade fixtures, equipment and furniture in the Leased Premises,
provided that such items are installed and are removable without damage to
the structure of the Building. Landlord reserves the right to approve or
disapprove curtains, draperies, shades, paint, or other interior
improvements visible from outside the Building on wholly aesthetic grounds.
Such improvements must be submitted for Landlord's written approval prior
to installation, or Landlord may remove or replace such items at Tenant's
sole expense. Said trade fixtures, equipment and furniture shall remain
Tenant's property and shall be removed by Tenant upon expiration of the
Term, or earlier termination of this Lease, unless Tenant is then in
default hereunder, in which event Landlord hereby is granted a
- 4 -
security interest in such property of Tenant to secure the performance of
Tenant's obligations hereunder. Tenant shall repair, at its sole cost and
expense, all damage caused by the installation or removal of trade fixtures,
equipment, furniture or temporary improvements. If Tenant fails to remove the
foregoing items on expiration or earlier termination of this Lease, Landlord may
keep and use them or remove any or all of them and cause them to be stored or
sold in accordance with applicable law. Landlord may require Tenant to execute
on demand any reasonable security agreement or Uniform Commercial Code (UCC-1)
form to evidence said security interests.
8. INSPECTION OF LEASED PREMISES. Landlord, at reasonable times, may enter
the Leased Premises for the purpose of inspecting the same, for the purpose
of inspecting the performance by Tenant of the terms and conditions hereof,
and/or for the purpose of affixing reasonable signs and displays and
showing the Leased Premises to prospective purchasers, tenants and lenders.
9. EXPANSION AND USE OF LEASED PREMISES. Tenant shall use the Leased Premises
exclusively for warehouse and office space. Tenant shall perform no
manufacturing on the Leased Premises. Tenant reserves the right of first
refusal to lease at the then existing Rent any space that becomes available
in the Building during the Term that Landlord does not use or does not
choose to use, exclusive of five thousand (5,000) square feet contiguous to
Xxxxx Corporation's leased premises in the Building, if Xxxxx Corporation
chooses to renew their lease and to expand their space. Landlord shall
provide Tenant twenty-four (24) hours advance written notice of such space
availability. Said right of first refusal shall be effective for twenty-
four (24) hours after receipt of written notice. Landlord shall cohabit the
Building with Tenant without any demising walls. Landlord shall have the
right to add additional tenants without erecting demising walls, as
Landlord deems fit. Tenant intends to and shall use the Leased Premises in
part for the purpose of unloading/loading trucks and packing and storage of
general merchandise freight. Tenant shall have non-exclusive use of two (2)
loading docks.
10. EMINENT DOMAIN. If the whole of the Leased Premises is acquired or
condemned for any public or quasi-public use or purpose, or if any part of
the Leased Premises is partially condemned and such partial condemnation
renders the Leased Premises unusable for the business of Tenant, then the
Lease shall terminate as of the date of title vesting in such proceeding,
and Rent shall be adjusted pro rata to the date of termination. Tenant
shall immediately notify Landlord of any such occurrence. Landlord shall be
entitled to the entire award paid for any such condemnation, and Tenant
waives any right or claim in any part thereof from Landlord or the
condemning authority.
-5-
11. COMMON AREAS. Landlord hereby grants to Tenant and its successors and
assigns a non-exclusive license and right for Tenant and its permitted
assignees and subtenants, in common with Landlord and all persons, firms
and corporations conducting business in the Building and their respective
customers, guests, licensees, invitees, subtenants, employees and agents to
use the Common Areas for vehicular parking, for pedestrian and vehicular
ingress, egress and travel. Nothing to the contrary herein, Tenant agrees
for itself and for its successors, assigns, employees, and agents that
Tenant and they shall use the Common Areas only for the purposes permitted
hereby. All uses permitted within the Common Areas shall be undertaken with
reason and judgment so as not to interfere with the primary use of said
Common Areas, which is to provide parking, vehicular and pedestrian access
throughout the Common Areas and to adjacent public streets for the
Landlord, its tenants, subtenants and all persons, firms and corporations
conducting business within the Building and their respective customers,
guests, and licensees. In no event shall Tenant erect or cause to be
erected any structure, building, trailer, fence, wall, sign or other
obstructions on the Common Areas, nor shall Tenant store or sell any
merchandise, equipment and/or materials on the Common Areas. It is
understood and agreed that all Common Areas and all improvements located
from time to time within such Common Areas are for the general use, in
common, of the Landlord and its tenants and subtenants and all persons,
firms and corporations conducting business in the Building and their
respective customers, guests, licensees, invitees, employees and agents,
and shall at all times be subject to the exclusive control and management
of the Landlord.
12. SIGNS. Any sign placed or erected by Tenant on the Leased Premises shall
contain only Tenant's name or the name of any affiliate of Tenant actually
occupying the Leased Premises, and shall not contain any advertising
matter. No such sign shall be erected until Tenant has obtained Landlord's
written approval of the location, materials, size, design and content
thereof and any necessary permit therefor. Tenant shall remove any such
sign upon termination or expiration of this Lease and shall return the
Leased Premises to their condition prior to the placement or erection of
said sign.
13. DAMAGE OR DESTRUCTION. If the Leased Premises are damaged or destroyed
during the Term, Landlord shall diligently repair or rebuild them to
substantially the condition in which they existed immediately prior to such
damage or destruction. If the Leased Premises are damaged or destroyed to
the extent that Landlord determines that they cannot, with reasonable
diligence, be fully repaired or restored by Landlord within one hundred
eighty (180) days after commencement of restoration work with respect to
the damage or destruction, the sole right of both Landlord and Tenant shall
be the option to terminate this Lease, without
-6-
further penalty. Landlord's determination shall be conclusive on Tenant.
Landlord shall notify Tenant of its determination, in writing, within thirty
(30) days after the date of the damage or destruction.
14. ENVIRONMENTAL CLAIMS. Tenant shall not cause or permit any hazardous,
toxic, explosive or dangerous materials to be located on the Leased Premises
without the express prior written permission of Landlord, excepting general
office supplies and materials used in the ordinary course of business in the
manner for which they were designed. Tenant shall not store any flammable or
combustible goods or materials, including, without limitation, solvents, on
the Leased Premises without the express prior written permission of
Landlord. In no event shall Tenant store or attempt to store any goods or
materials on the Leased Premises that would require any structural
installations, alterations or improvements to the Leased Premises or to the
Building, including, without limitation, installation of new, or alteration
of existing, fire sprinklers or fire alarms. Tenant shall indemnify Landlord
for any and all claims, obligations and liabilities, and all costs, expenses
and attorneys' fees based upon or arising out of any obligation, liability,
loss, damage or expense of any kind or nature, contingent or otherwise,
known or unknown, incurred under or imposed by any provision of federal,
state or local law or regulation or common law pertaining to health, safety
or environmental protection (including without limitation, costs incurred
for investigation, testing, remedial or corrective action) and arising out
of any contract, strict liability or any act or omission of Tenant, its
employees, agents, subcontractors, representatives or assigns arising out of
Tenant's lease, use or possession the Leased Premises.
15. PROPERTY INSURANCE. Landlord, at Landlord's expense, shall obtain and keep
in force during the Term of this Lease a policy or policies of insurance
covering loss or damage to the Building included in the Premises in the
amount of the replacement value thereof (but not less than Two Million and
00/100 Dollars [$2,000,000]), providing protection against all perils
included within the classification of fire, extended coverage, vandalism,
malicious mischief, and special extended perils (all risk). Tenant shall
insure at its sole expense any personal property, fixtures, goods,
merchandise, equipment, furniture, stores or inventory of Tenant or which
Tenant may have upon or within the Leased Premises. Tenant shall assume the
risk of damage thereto and Landlord shall not be liable for injury to
Tenant's business or any loss of income therefrom relative to such damage.
16. LIABILITY INSURANCE. Tenant shall, at its own cost and expense, obtain and
keep in full force during the Term of this Lease, a policy or policies of
comprehensive general liability insuring Tenant's activities with respect to
the
-7-
use, occupancy or maintenance of the Leased Premises and all areas
appurtenant thereto. Each such insurance policy shall name Landlord as an
additional insured and shall be in an amount of not less than One Million
and 00/100 ($1,000,000.00) Dollars for injury to or death of more than one
person in any one accident or occurrence. Such insurance shall further
insure Landlord and Tenant against liability for property damage of at
least One Million and 00/100 ($1,000,000.00) Dollars. The limits of said
insurance shall not be construed as limiting Tenant's liability hereunder.
17. COMPLIANCE WITH LAWS. Tenant shall not conduct any activities upon the
Leased Premises which shall in any way be construed as incompatible with
the reasonable use of the balance of the Leased Premises by others or that
in any way would raise the insurance rates of Landlord. If Tenant complies
with the Terms of this Lease and any and all applicable laws, regulations,
orders or decrees, Tenant shall have the peaceful and quiet use of the
Leased Premises without hindrance on the part of Landlord.
18. LIENS. Tenant shall not permit and shall promptly discharge at its own
expense including attorneys' fee, any lien placed upon the Leased Premises
as a result of Tenant's lease, use or possession thereof. Tenant shall
promptly notify Landlord of any such lien and the disposition thereof.
19. INDEMNIFICATION. Tenant shall protect, indemnify and save Landlord and the
Leased Premises harmless from and against any and all liability and expense
of any nature whatsoever, including reasonable attorney's fees, arising
from injury to persons or loss or damage of property, in any manner arising
from or connected with Tenant's use and occupancy of the Leased Premises or
the conditions thereof. Landlord shall protect, indemnify and save Tenant
harmless for any and all liability and expenses of any nature whatsoever,
including reasonable attorney's fees, arising from injury to persons or
loss or damage of property on the Leased Premises caused by Landlord's
gross negligence or willful breach of its obligations hereunder.
20. WAIVER OF SUBROGATION. Nothing in this Lease shall be construed to
authorize or permit any insurer of Landlord or Tenant to be subrogated to
any right of Landlord or Tenant against the other. Landlord and Tenant
hereby release each other with respect to any loss to the extent of their
insurance coverage even if such loss or other casualty shall be brought
about by the fault or negligence of the other party or persons for whose
acts that party is liable.
21. ASSIGNMENT AND SUBLETTING. Tenant shall not assign, mortgage, pledge or
otherwise transfer this Lease, in whole or in part, nor sublet or permit
occupancy by any party other than Tenant of all or any part of the Leased
Premises, without the prior written consent of Landlord in each
- 8 -
instance. Any purported assignment or subletting contrary to the provisions
hereof without consent shall be void. The consent by Landlord to any
assignment or subletting shall not constitute a waiver of the necessity for
such consent to any subsequent assignment or subletting. Tenant shall
reimburse Landlord for reasonable legal and other expenses incurred by
Landlord in connection with any request by Tenant for consent to assignment
or subletting. Tenant shall deliver to Landlord an assignment in recordable
form which contains an assumption by the assignee, or subleases, but the
failure or refusal of the assignee to execute such instrument or assumption
shall not release or discharge assignee from liability as Tenant hereunder,
provided that the Terms and provisions of the assignment or subletting
specifically make applicable to the assignee or subleases all of the
provisions of this Lease.
22. TENANT DEFAULT. In the event that during the terms of this Lease (other
than the pendency of a bankruptcy, reorganization, receivership, insolvency
or other proceeding in law, in equity or before any administrative
tribunal, which has prevented or might prevent compliance by Tenant with
the Terms of the Lease):
(a) Tenant shall default in the observance or performance of any of
Tenant's covenants, agreements or obligations hereunder, and such default
shall not be cured within ten (10) days after Landlord shall have given to
Tenant written notice specifying such default or defaults; or
(b) Tenant is finally adjudicated bankrupt or insolvent; or
(c) A receiver is appointed for all or substantially all of Tenant's
business or assets on the ground of Tenant's insolvency; or
(d) A trustee is appointed for Tenant after a Petition has been filed for
Tenant's reorganization under the bankruptcy laws of the United States
having the same general purpose; or
(e) Tenant shall make an assignment for the benefit of its creditors.
Landlord shall have the right at its own election, at any time thereafter
while any such default or condition continues, to re-enter and take
complete peaceable possession of the Leased Premises and any and all
improvements then forming part of the Leased Premises, and to declare the
Term of this Lease ended, whereupon this Lease and all the rights, title
and interest of Tenant hereunder shall terminate and be of no further force
or effect. In the event of such declaration, Landlord shall have the right
to xxx for and recover all Rent and other sums accrued up to the time of
such termination, including damages arising out of any breach on the part
of Tenant.
- 9 -
Landlord shall also have the right, without reentering the Leased Premises
or Terminating this Lease, to xxx for and recover all Rent and other sums,
including damages, at any time and from time to time accruing hereunder
less any sums received from reletting the Leased Premises. Landlord shall
have the right to seize, hold, assert a lien or any interest in or upon
Tenant's property located within or on the Leased Premises, and may charge
Tenant reasonable storage charges for such property until it is removed.
23. CUMULATIVE RIGHTS. No right or remedy herein conferred upon or reserved to
Landlord or Tenant is intended to be exclusive of any other right or remedy
herein or by law provided, but each shall be cumulative and in addition to
every other right or remedy given herein now or hereafter existing at law
or in equity or by statute.
24. INTEREST ON OVERDUE RENT. Any installments of Rent overdue for a period of
more than thirty (30) days shall bear interest at the then existing prime
interest rate until paid.
25. WAIVER. No waiver by Landlord or Tenant of any breach of an obligation,
agreement or covenant hereunder shall be a waiver or subsequent breach of
any other obligation, agreement or covenant, nor shall any forbearance by
either party to seek a remedy for any breach by the other be a waiver of
any rights and remedies with respect to such or any subsequent breach.
26. HOLDING OVER. No holding over by the Tenant shall operate to extend or
renew this Lease and any holding over after the expiration of the original
Term or any Renewal Term shall constitute a tenancy from month to month
only, subject to the provisions of this Lease consistent with a month-to-
month tenancy, with either party having the right to terminate the
relationship by giving thirty (30) days notice in writing to the other.
27. NOTICES. Any notice provided for herein shall be given by certified
registered mail with return receipt requested, addressed, if to Landlord,
as follows:
Xxxxx River Paper Company, Inc.
000 Xxxxxxxx Xxxxxx
Xxxxxxxx, XX 00000-0000
Attn: Xxxxxxx X. Xxxxx
and to Tenant as follows:
Central Ink Company
0000 X. Xxxxxxxxx
Xxxx Xxxxxxx, XX 00000
Attn:
- 10 -
28. MODIFICATIONS. This Lease shall be modified only by written agreement signed
by Landlord and Tenant.
29. DESCRIPTIVE HEADINGS. The descriptive headings of this Lease are inserted
for convenience in reference only and do not constitute a part of this
Lease.
30. COVENANTS. All agreements, conditions and understandings and all of the
covenants, provisions, terms and conditions of this Lease, whether so
expressed or not shall extend to and be binding upon the representatives,
beneficiaries, heirs, personal representatives, and successors and assigns
of the respective parties hereto.
31. ENTIRE AGREEMENT. This Lease shall constitute the entire agreement between
the parties and cancel and supersede all prior verbal or written leases and
agreements or understandings relating to the Leased Premises or the terms
and conditions of the Lease.
32. GOVERNING LAW. This Lease shall be construed in accordance with the laws of
the State of Illinois.
IN WITNESS WHEREOF, the Landlord has caused these presents to be executed by
its authorised representatives and Tenant has executed these presents as of the
day and year first above written.
XXXXX RIVER PAPER COMPANY, INC.
By: [SIGNATURE APPEARS HERE]
-----------------------------------
Title: DIR. REAL ESTATE
--------------------------------
CENTRAL INK COMPANY
By: [SIGNATURE APPEARS HERE]
-----------------------------------
Title: GENERAL MANAGER
--------------------------------
-11-
LEASE FOR 0000 XXXXXXXXX XXXXX
XXXX XXXXXXX, XXXXXXXX
AMENDMENT NO. 1
THIS AMENDMENT is made this day of , 1993, by and between
---------- ----------
Xxxxx River Paper Company, Inc. (hereinafter referred to as "Landlord") and
Central Ink Company (hereinafter referred to as "Tenant") and amends the Lease
for 0000 Xxxxxxxxx Xxxxx, Xxxx Xxxxxxx, Xxxxxxxx (hereinafter referred to as
"Lease") by and between the parties hereto dated February 17, 1993.
NOW THEREFORE, in consideration of the mutual covenants contained herein and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Landlord and Tenant amend the Lease as follows:
Paragraph 1. LEASED PREMISES is amended to increase the Leased Premises
by approximately Eight Hundred and Thirty-Three Square Feet (833 sq.
ft.), as shown in Exhibit A attached hereto and incorporated by
reference. The effective date of occupancy shall be April 5, 1993.
Paragraph 3. RENT. The Rent for the entire Leased Premises shall remain
Three Dollars and Seventy-Five Cents Per Square Foot ($3.75/sq. ft.).
Except as expressly amended hereby, the Lease remains in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date
first written above.
XXXXX RIVER PAPER COMPANY, INC.
BY:
----------------------------
TITLE:
-------------------------
CENTRAL INK COMPANY
BY:
----------------------------
TITLE:
-------------------------
LEASE FOR 0000 XXXXXXXXX XXXXX
XXXX XXXXXXX, XXXXXXXX
AMENDMENT NO.2
THIS AMENDMENT is made this 21st day of June , 1993, by and between
---------- ----------
Xxxxx River Paper Company, Inc. (hereinafter referred to as "Landlord") and
Central Ink Company (hereinafter referred to as "Tenant") and amends the Lease
for 0000 Xxxxxxxxx Xxxxx, Xxxx Xxxxxxx, Xxxxxxxx (hereinafter referred to as
"Lease") by and between the parties hereto dated February 17, 1993, as first
amended by Amendment No. a dated , 1993.
--------------------
NOW THEREFORE, in consideration of the mutual covenants contained herein and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Landlord and Tenant amend the Lease as follows:
Paragraph 1. LEASED PREMISES is amended to increase the Leased Premises
by approximately Seven Thousand Eight Hundred Square Feet (7,800 sq.
ft.), as shown in Exhibit A attached hereto and incorporated by
reference. The effective date of occupancy shall be June 11, 1993.
Paragraph 3. RENT. The Rent for the entire Leased Premises shall remain
Three Dollars and Seventy-Five Cents Per Square Foot ($3.75/sq. ft.).
Except as expressly amended hereby, the Lease remains in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date
first written above.
XXXXX RIVER PAPER COMPANY, INC.
BY: [SIGNATURE APPEARS HERE]
---------------------------
TITLE: DIRECTOR REAL ESTATE
------------------------
CENTRAL INK COMPANY
BY: [SIGNATURE APPEARS HERE]
---------------------------
TITLE: GENERAL-MGR.
------------------------
LEASE FOR 0000 XXXXXXXXX XXXXX
XXXX XXXXXXX, XXXXXXXX
AMENDMENT NO. 2
THIS AMENDMENT is made this 21st day of June, 1993, by and between Xxxxx River
Paper Company, Inc. (hereinafter referred to as "Landlord") and Central Ink
Company (hereinafter referred to as "Tenant") and amends the Lease for 0000
Xxxxxxxxx Xxxxx, Xxxx Xxxxxxx, Xxxxxxxx (hereinafter referred to as "Lease") by
and between the parties hereto dated February 17, 1993, as first amended by
Amendment No. a dated _______________________________, 1993.
NOW THEREFORE, in consideration of the mutual covenants contained herein and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, Landlord and Tenant amend the Lease as follows:
Paragraph 1. LEASED PREMISES is amended to increase the Leased Premises
by approximately Seven Thousand Eight Hundred Square Feet (7,800 sq. ft.),
as shown in Exhibit A attached hereto and incorporated by reference. The
effective date of occupancy shall be June 11, 1993.
Paragraph 3. RENT. The Rent for the entire Leased Premises shall remain
Three Dollars and Seventy-Five Cents Per Square Foot ($3.75/sq. ft.).
Except as expressly amended hereby, the Lease remains in full force and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date
first written above.
XXXXX RIVER PAPER COMPANY, INC.
BY: [SIGNATURE APPEARS HERE]
----------------------------
TITLE: DIRECTOR REAL ESTATE
------------------------
CENTRAL INK COMPANY
BY: [SIGNATURE APPEARS HERE]
----------------------------
TITLE: GENERAL-MGR.
------------------------