10.8
FOURTH AMENDMENT
TO
LEASE AGREEMENT
This FOURTH AMENDMENT TO LEASE AGREEMENT ("Amendment") dated effective this 28th
day of February 2002, by and between ParkerVision, Inc., a Florida corporation
("Tenant") and Xxxxxxx Xxxxxx and Xxxxxxx Xxxxxx (collectively "Landlord"),
amends that certain Lease Agreement dated March 1, 1992, as amended, by and
between Landlord and Tenant (the "Lease"). Capitalized terms used herein and not
otherwise defined shall have the same meaning ascribed to them in the Lease.
Landlord and Tenant hereby agree as follows:
1. The Minimum Basic Rent during the second Option Period as set forth in
Paragraph 5 of the Lease is hereby amended to read as follows:
Option Period Basic Rent
------------- ----------
Second option period
(3/1/2002 - 2/28/2007) $279,306 per year
2. Except as modified by this Agreement, the Lease and any prior
amendments thereto shall remain unchanged and in full force and
effect.
3. This Amendment shall be binding upon the heirs, administrators,
successors, and assigns of the parties hereto.
IN WITNESS WHEREOF, the Landlord and Tenant have executed this Amendment as of
the date first written above.
PARKERVISION, INC., a Florida corporation
By: /s/ Xxxxxxx X. Xxxxxxx /s/ Xxxxxxx Xxxxxx
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Name: Xxxxxxx X. Xxxxxxx XXXXXXX XXXXXX
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Title: President
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/s/ Xxxxxxx Xxxxxx
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XXXXXXX XXXXXX
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