Exhibit 10.15
THIRD AMENDMENT TO ELECTRO-OPTICAL SCIENCES, INC. LEASE
This amendment is made the 6th day of June, 2005, by and between Bridge Street
Properties, LLC, a New York Limited Liability Company having an office at Xxx
Xxxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxx 00000, and Electro-Optical Sciences, Inc., a
Corporation having an office at Xxx Xxxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxx 00000.
Witnesseth:
Whereas, Owner (Bridge Street Properties, LLC) and Tenant (Electro-Optical
Sciences, Inc.) entered into a lease dated December 16th, 1998 of certain
premises located at Xxx Xxxxxx Xxxxxx, Xxxxxxxxx, Xxx Xxxx and
Whereas, the term of the lease set forth therein is three years commencing
upon, December 16, 1998 and ending upon December 15, 2001 and
Now, Therefore, the parties hereto agree as follows:
1. The term set forth herein will be four years and commence July 1,
2005, and end on June 30, 2009.
2. The rate to be paid monthly/yearly will be as follows:
Yearly Monthly
------ -------
7/1/05 - 6/30/06 $100,386.00 $8,365.50
7/1/06 - 6/30/07 $103,397.58 $8,616.47
7/1/07 - 6/30/08 $106,499.51 $8,874.96
7/1/08 - 6/30/09 $109,694.49 $9,141.21
3. Clause #81, Termination Option, shall be removed.
4. New HVAC system shall be installed. The system will include 2
thermostatically controlled air dampeners.
5. A $5,100 electric upgrade to be completed as per the specifications
discussed with Xxxx Xxxxx.
6. Security Deposit will increase to $17,232.94 equal to last two months
rent.
7. Continuation of Lease Provisions: Except as amended herein, all other
terms and conditions of the Lease shall remain in full force and
effect for the duration of the Lease.
/s/ Xxxxxxx Xxxxxxxx /s/ Xxxxxxx Xxxxxxx
_____________________________________ __________________________________
Bridge Street Properties, LLC Electro-Optical Science, Inc.
Managing Member Vice President
_____________________________________ __________________________________
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