EXHIBIT 10.8
LEASE AMENDMENT NO. 1
DATED: MARCH 3, 2004
BETWEEN: QUEEN INVESTMENT COMPANY, LLC LANDLORD
a Washington limited liability company
AND: CELEBRATE XXXXXXX.XXX, INC. TENANT
a Washington corporation
By written Lease dated October 1, 2003, Tenant leased from Landlord
approximately 37,314 square feet of office and warehouse space located at 405
Business Park, 11218, 11220 and 00000 000xx Xxxxxx XX, Xxxxxxxx, Xxxxxxxxxx
00000, (hereinafter referred to as "the Premises"). Said document is hereinafter
referred to as "the Lease". The Lease expires December 31, 2008.
Tenant now wishes to lease an additional approximate 3,450 square feet of
office space located at 405 Business Park, 00000 000xx Xxxxxx XX, Xxxxx 000
(1,221 sf) and 202 (2,229 sf), Xxxxxxxx, Xxxxxxxxxx 00000 (hereinafter referred
to as the "First Additional Space") as shown on the attached Exhibit A.
NOW, THEREFORE, in consideration of the covenants and agreements contained
herein, the parties hereby mutually agree as follows:
1. Commencing May 1, 2004, 2,229 square feet of The First Additional
Space (Suite 202) shall become subject to the terms of the Lease. Commencing
June 15, 2004, the remaining 1,221 square feet of The First Additional Space
(Suite 200) shall become subject to the terms of the Lease. Tenant's total
leased area shall increase from 37,314 to 40,764 square feet of warehouse and
office space.
2. The First Additional Space shall be taken by Tenant in "as-is"
condition.
3. The Base Rent, payable monthly, for the Premises and First
Additional Space shall be according to the rent schedule as shown on the
attached Exhibit B.
4. Except as expressly modified hereby, all terms of the Lease shall
remain in full force and effect and shall continue through the extended term.
IN WITNESS WHEREOF, the parties have executed this agreement as of the day
and year first written above.
LANDLORD: TENANT:
QUEEN INVESTMENT COMPANY, LLC CELEBRATE XXXXXXX.XXX. INC.
a Washington limited liability company a Washington corporation
By:/s/ Xxxxxxx Xxx III By: /s/ Xxxxxxx X. Xxxxxx
-------------------------------- -----------------------------
Name:Xxxxxxx Xxx III Name:Xxxxxxx X. Xxxxxx
Title:President Title:CEO/President
