EXHIBIT 10.20
FOURTH AMENDMENT TO LEASE
THIS FOURTH AMENDMENT TO LEASE made as of this 31st day of December, 1998
by and between XXXXX XXXXXXX, of Xxxxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxxx 00000,
and MICRO WAREHOUSE, INC., a Delaware corporation with a principal place of
business at 000 Xxxxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxxx 00000.
WITNESSETH:
WHEREAS, the parties hereto entered into a Lease Agreement dated October 1,
1989, as amended, covering premises located at 00 Xxxxx Xxxxxx, Xxxxx Xxxxxxx,
Xxxxxxxxxxx (as amended, the "Lease"); and
WHEREAS, the Lease expires on December 31, 1998; and WHEREAS, the parties
wish to extend the term of the Lease.
NOW, THEREFORE, for One Dollar ($1.00) and other valuable consideration,
the sufficiency of which is hereby acknowledged, the parties hereby agree as
follows:
1. Paragraph 3 of said Lease Agreement is hereby amended to read as
follows:
"3. Term. The term of this Lease shall begin on October 1, 1989
(the "Commencement Date") and end on December 31, 1999 (the
"Termination Date")."
2. Paragraph 4(a) of said Lease Agreement is hereby amended by inserting
at the end thereof the following:
"Beginning on January 1, 1999, the Rent shall be increased by ten
percent (10%) to One Hundred Fifty Nine Thousand One Hundred
Fifty Two and
40/100 ($159,152.40) payable in equal monthly installments of
$13,262.70 in advance on the first day of each calendar month."
3. Except as specifically set forth herein, in all other terms,
conditions and provisions set forth in the Lease shall remain
unchanged and in full force and effect.
IN WITNESS WHEREOF, the parties have executed this agreement effective the
day and year first above written.
By: /s/ Xxxxx Xxxxxxx
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Xxxxx Xxxxxxx
MICRO WAREHOUSE, INC.
By: /s/ Xxxxx X. Xxx
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Xxxxx X. Xxx, Its
Executive Vice President, Legal and Corporate
Affairs and General Counsel
Hereunto Duly Authorized
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