SECOND AMENDMENT TO LEASE
THIS SECOND AMENDMENT TO LEASE ("First Amendment") entered into effective
the ______ day of _______________, 2001, by and between FORT XXXXXX PROPERTIES,
LLC ("Landlord") and PRO TECH COMMUNICATIONS, INC. ("Tenant").
WITNESSETH
WHEREAS, Landlord and Tenant entered into that certain Office Lease dated
October 17, 2000 for the rental of approximately 12,947 square feet of space
located in Ft. Xxxxxx, Florida in a development known as Orange Blossom Town
Center (the "Town Center"); and
WHEREAS, Landlord and Tenant entered into a First Amendment to Lease dated
____________, 2001 (The Lease dated October 17, 2000, and the First Amendment To
Lease dated ___________________ hereinafter referred to as the "Lease").
NOW, THEREFORE, for and in consideration of the sum off Ten Dollars
($10.00) and other good and valuable considerations, the Landlord and Tenant
hereby agree to amend the Lease as follows:
1. Section 2 entitled "Term" of the Lease is hereby amended by deleting
all of Section 2 and substituting the following in lieu thereof:
"2. Term. The term of this Lease (the "Term") shall be Five (5) years
commencing on March 1, 2001 (the "Commencement Date") and, unless
sooner terminated as provided herein, ending on the last day of the
month of February, 2006."
2. Section 3(a) entitled Minimum Rent is hereby amended by substituting
the following schedule:
TERM RATE/SF MONTHLY RENT ANNUAL RENT
03/01/01 - 08/31/01 $5.00/sf $5,394.58 $64,735.00
09/01/01 - 02/28/02 $6.00/sf $6,473.50 $77,682.00
03/01/02 - 02/28/03 $6.50/sf $7,012.95 $84,155.50
03/01/03 - 02/29/04 $7.00/sf $7,552.41 $90,629.00
03/01/04 - 02/28/05 $7.25/sf $7,822.15 $93,865.75
03/01/05 - 02/28/06 $7.50/sf $8,091.87 $97,102.50
3. Except as modified herein, all other terms, covenants and conditions
of the Lease shall remain the same.
IN WITNESS WHEREOF, Landlord and Tenant have executed this SECOND AMENDMENT
the day and year first above written in the present of the undersigned
witnesses.
Witness To Landlord: LANDLORD:
FORT XXXXXX PROPERTIES, LLC
_____________________________ By: ________________________
M. Xxxxxx Xxxxxxx
_____________________________ Its: Vice President
Witness To Tenant: TENANT:
PRO TECH COMMUNICATIONS, INC.
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_____________________________ By: ___________________________
Its: ___________________________
