EXHIBIT 10.3.4
FOURTH AMENDMENT TO LEASE AGREEMENT
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THIS FOURTH AMENDMENT TO LEASE AGREEMENT made this 20th day of January, 1998, by
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and between Xxxxxxxxx Acquisition Associates (hereinafter called "Landlord") and
U.S. Bioscience, Inc., (hereinafter called "Tenant").
WITNESSETH
WHEREAS Landlord and Tenant are parties to a Lease Agreement dated June 15,
1992, such lease as previously amended and amended hereby (hereinafter called
"Lease"); and
WHEREAS Tenant has given the Option Notice exercising its option to extend
the term of the Lease for an additional period of two (2) years as set forth
therein; and
WHEREAS the term of the Lease shall be extended in accordance with the
terms, conditions and provisions as outlined herein.
NOW, THEREFORE, for good and valuable consideration, the parties hereto
agree as follows:
1. The Lease is hereby amended to extend the term of the Lease for an
additional period of two (2) years commencing July 1, 1998 and continuing
through June 30, 2000 (the "extension
Period").
2. The Annual Fixed Rent during the Extension Period shall be determined
in accordance with paragraph 4 of the Third Amendment to Lease Agreement dated
October 12, 1995, which amount shall be provided to Tenant by Landlord prior to
the commencement of the Extension Period.
3. All other Terms, Conditions and Provisions of the Lease not
inconsistent herewith, are hereby ratified and confirmed.
IN WITNESS WHEREOF, and intending to be legally bound hereby, Landlord and
Tenant, by their duly authorized officers, have executed this Fourth Amendment
to Lease Agreement as of the date first above written.
XXXXXXXXX ACQUISITION ASSOCIATES
By its General Partner as follows:
PBS Properties, LTD.
By its sole General Partner as follows:
PBS Properties, Inc.
Attest:
/s/ Xxxxx X. Xxxxxxx, Xx.
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Xxxxx X. Xxxxxxx, Secretary Xxxxx X. Xxxxxxx, Xx., President
Attest: U.S. BIOSCIENCE, INC.
By: By: /s/ Xxxxxx X. Xxxxx
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