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Exhibit 10.6g
LEASE MODIFICATION NO. 6
THIS LEASE MODIFICATION NO. 6 ("Modification No. 6") is made this 19th
day of June 1996, by and between J.M.J. PARTNERSHIP ("Landlord") and AMERICAN
GLASSMITH, INC., fka XXXXXX'X OH HOLDINGS, INC. ("Tenant").
BACKGROUND INFORMATION
A. Landlord and MASCOTECH GLASS, INC., fka AMERICAN GLASSMITH, INC. and
THE NEW EDGEHILL CO., INC., were parties to a Lease and Corrective Amendment to
Lease Agreement dated November 28, 1990, Lease Modification No. 1 dated October
19, 1992, Lease Modification No. 2 dated June 8, 1993, Lease Modification No. 3
dated January 31, 1995, Lease Modification No. 4 dated March 31, 1995 and Lease
Modification No. 5 dated August 31, 1995. The foregoing documents are
collectively referred to as the "Lease."
B. The Lease pertains to real property owned by Landlord at 000
Xxxxxxxx Xxxx, Xxxxxxxx Xxxxxxxx, Xxxxxxxx County, Ohio.
C. MASCOTECH GLASS, INC. assigned all of its right, title and interest
in and to the Lease to Tenant pursuant to ASSIGNMENT AND ASSUMPTION OF LEASE
dated March 25, 1996. Said ASSIGNMENT AND ASSUMPTION OF LEASE was consented to
by Landlord pursuant to CONSENT AND RELEASE BY LANDLORD dated March 25, 1996.
D. Landlord and Tenant desire to further modify and amend the Lease.
STATEMENT OF MODIFICATION
1. The existing provisions in the Lease for renewal options shall be
terminated and of no further force or effect.
2. The term of the Lease shall be extended and shall continue for a
period of three (3) years, expiring April 30, 1999. During this period of time,
annual rental shall be one hundred sixty-eight thousand dollars ($168,000)
payable in equal monthly installments of fourteen thousand dollars ($14,000).
3. Tenant shall have the right to renew the term for one (1) period of
three (3) years--beginning May 1, 1999 and expiring April 30, 2002. In order to
exercise the renewal option, Tenant must give Landlord written notice on or
before April 30, 1998. Otherwise, the option to renew shall lapse and be of no
further force or effect.
4. In the event of renewal, annual rent and monthly installment during
the renewal term shall be as follows:
MONTHLY INSTALLMENT
RENEWAL YEAR ANNUAL RENT OF ANNUAL RENT
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a. 1 $172,000 $14,333.33
b. 2 $176,000 $14,666.67
c. 3 $184,000 $15,333.33
5. Except as provided herein, all of the terms, provisions and
conditions of the Lease, as amended, shall continue in full force and effect.
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SIGNED AND ACKNOWLEDGED LANDLORD:
IN THE PRESENCE OF:
J.M.J. PARTNERSHIP
/s/ Xxxxx X. May
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Xxxxx X. May
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[PRINT NAME]
/s/ Xxxxxxxx XxXxxxxxx
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Xxxxxxxx XxXxxxxxx By: /s/ Xxxx Xxxxx
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[PRINT NAME] Xxxx X. Block, General Partner
TENANT:
AMERICAN GLASSMITH, INC.
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[PRINT NAME]
/s/ Xxxx Xxxxxxxx
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Xxxx Xxxxxxxx By:/s/ Xxxxxx X. Xxxxxx
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[PRINT NAME]
Its: Vice President
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STATE OF OHIO :
: ss:
COUNTY OF FRANKLIN :
The foregoing instrument was acknowledged before me this 19th day of
June, 1996 by Xxxx X. Block, general partner, J.M.J. Partnership.
/s/ Xxxxxxxx XxXxxxxxx
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Notary Public
STATE OF MINNESOTA :
: ss:
COUNTY OF HENNEPINSS :
The foregoing instrument was acknowledged before me this 10th day of
June, 1996 by Xxxxxx Xxxxxx, Vice President, American Glassmith, Inc., on behalf
of the corporation.
/s/ Xxxxxxx X. Xxxxxxx
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Notary Public
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