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EXHIBIT 10.24
FIRST AMENDMENT TO LEASE
This First Amendment to Lease is attached to and made a part of that certain
Lease dated July 01, 1997 by and between Cheyenne Investments, LLC, a Nevada
Limited Liability Company, ("Landlord" and MGC Communications, Inc., a Nevada
Corporation ("Tenant").
The above mentioned Lease is amended as follows:
PREMISES
1) The number Thirty Two Thousand, Four Hundred Fifty square feet (32,450) of
Rentable area is hereby substituted for the number Twenty Four Thousand,
One Hundred Twenty Five square feet (24,125) of Rentable area as found in
Paragraph 2,(1).
BASE MONTHLY RENT
2) The sum Fifty Three Thousand Five Hundred Forty Two and 50/100 Dollars
($53,542.50) is hereby substituted for the sum Thirty Nine Thousand Eight
Hundred Six and 25/100 Dollars ($39,806.25) as found in Xxxxxxxxx 0,(x).
Save and except as amended hereby, said Lease shall remain unmodified and in
full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have signed this First Amendment to
Lease this 1st day of May, 1998.
LANDLORD: TENANT:
Cheyenne Investments, LLC MGC Communications, Inc.
A Limited Liability Company A Nevada Corporation
By: /s/ XXXXXX X. XXXXXX /s/ XXXXX X. XXXXXXXXXX
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Title: Manager Title: President
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