Exhibit 10.6
ADDENDUM TO
LEASE BETWEEN BJB ASSOCIATES, LANDLORD and
INTELLIGENT CONTROLS, INC., TENANT
DATED JUNE 21,1994
The lease is hereby revised as follows. All other terms and conditions to
remain the same.
1. Lease to expire October 14, 2000
2. Space leased to total 14,520 square feet
3. Monthly lease payments to be as follows:
May 1 through August 14, 1998 $4,970.00*
August 15, 1998 - August 14, 1999 $5,272.50
August 15, 1999 - August 14, 2000 $5,580.72
August 15 - October 14, 2000 $5,908.41
4. There are no further options to renew
5. Tenant's share of real estate taxes and insurance is 88%
* April 15 - May 14, 1998 Prorated as follows:
4/15 - 4/30 $4,580/30 = 152.67 Diem x 16 days = $2,442.72
5/1 - 5/14 $4,970/30 = 165.66 Diem x 14 days = $2,319.24
TOTAL DUE APRIL 15, 1998 $4,761.96
LANDLORD: BJB ASSOCIATES:
/s/ Xxxxxxx XxXxxx By: /s/ Xxxxx Xxxxxxxx
Witness Its Partner
April 28, 1998
DATE
TENANT: INTELLIGENT CONTROLS, INC.
/s/ Xxxxxx Xxxxxxx By: /s/ Xxxx Xxxxx
Witness Its President
April 17, 1998
DATE
BJB Properties
000 Xxxxxxx Xxxxxx
Xxxxxx, X.X. 00000
April 3, 1998
INCON
X.X. Xxx 000
Xxxx, XX 00000
ATTN: Xx. Xxxxxxx Xxxxx, PLANT MANAGER
Dear Xx. Xxxxx:
Enclosed are two (2) copies of Addendum to BJB ASSOCIATES-INTELLIGENT
CONTROLS LEASE dated 6/21/94.
Kindly sign and date both copies and return to us. Upon receipt, we will
send you a fully executed copy.
To confirm our discussion, the Lease Agreement Rider is amended as follows:
Effective May 1, 1998, Landlord is to compensate Tenant $191.47
monthly for Landlord's share of utility costs for reduced square
footage retained by Landlord.
AGREED TO:
/s/ Xxxx Xxxxx April 17, 1998
INCON DATE
Kindly sign above, retain one copy and return signed copy to us.
If you have any questions, please call Xxxxx Xxxxxxxx at 603-882-2638.
Sincerely,
BJB PROPERTIES
/s/ Xxxxxx XxXxxx
Xxxxxx XxXxxx
LM/reg
