LEASE EXTENSION AGREEMENT #1 (Plum Tree—2601 Midpoint Drive)
QuickLinks -- Click here to rapidly navigate through this document
Exhibit 10.15
(Plum Tree—0000 Xxxxxxxx Xxxxx)
THIS LEASE EXTENSION AGREEMENT is made and entered into this 20th day of October 2003.
| LANDLORD: | The Landlord is GB Ventures, LLP. |
TENANT: |
The Tenant is Heska Corporation |
LEASE AGREEMENTS: |
That certain Lease Agreement between Landlord and Tenant dated August 24, 1999 and Lease Addendum #1 dated October 6, 1999. |
PREMISES: |
The Leased Premises consist of approximately 11,628 square feet at 0000 Xxxxxxxx Xxxxx, Xxxxxx X, X, X, X and F, Fort Xxxxxxx, Colorado, in the project commonly known as Plum Tree Plaza. |
CURRENT LEASE EXPIRATION: |
October 1, 2004. |
NEW LEASE EXPIRATION: |
May 31, 2005. |
EXTENSION PERIOD BASE MONTHLY RENTAL RATE: |
|||
The base monthly rental rate for the Lease Extension Period shall be as follows: |
|||
October 1, 2004 to May 31, 2005 |
$9,844.09/month NNN with a Consumer Price Index increase (3%min - 6%max) on: October 1, 2004 |
||
OPTION TO EXTEND: |
Tenant shall have one (1) option to extend the term of this Lease for one (1) year at same rental rate plus a Consumer Price Index increase (3%min - 6%max) on October 1, 2005. Tenant shall give written notice to landlord no later than May 31, 2004. |
BROKERAGE FEE: |
A brokerage fee shall be paid to Equis Corporation per separate agreement. |
OTHER TERMS & CONDITIONS: |
All other terms and conditions of that Lease Agreement between Landlord and Tenant dated August 24, 1999 and Lease Addendum #1 dated October 6, 1999 which have not been superseded by terms and conditions of this Lease Extension Agreement #1, shall remain the same. |
OFFER PERIOD: |
This Lease Extension offer shall remain in effect through October 27th, 2003. |
LANDLORD: |
TENANT: |
|||
GB VENTURES, LLP |
HESKA CORPORATION |
|||
/s/ XXXXXXX X. XXXXXXXX |
/s/ XXXXX X. XXXXXXXXXX |
|||
| By: | XXXXXXX X. XXXXXXXX, Managing Partner |
By: | XXXXX X. XXXXXXXXXX Executive Vice President and Chief Financial Officer |
|
LEASE EXTENSION AGREEMENT #1
