Exhibit 10.8
LEASE EXTENSION
& MODIFICATION
Date: April 26, 1999
By & Between: Perloff/Webster, Lessor,
and
P.I. Graphics, Inc., Lessee.
For the Premises
Located At: 000 Xxxxxxxxx Xxx.
Xxxxxx, XX 00000
For the Lease
Dated: April 15, 1996
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1. This lease shall be extended for One (1) year commencing June 1, 1999
and ending May 31, 2000. The base rent shall be $2,550.00 per month.
2. Lessee shall have the option to renew this lease for One (1) year.
Lessee must give, and Lessor must actually receive, written notice of the
exercise of the option to extend this lease at least Ninety (90) days prior to
the expiration of this lease, time being of the essence. The Base rent for
option period beginning June 1, 2000 shall be $2,725.00 per month.
3. P.I. Graphics, Inc. has become 0XXxxxxxxx.Xxx, a California Corporation.
The Lease shall hereby be in the name of 0XXxxxxxxx.Xxx, a California
Corporation. All officers and directors shall remain the same.
4. The lease requires that Lessee bring the security deposit and last
month's rent to the amount current to this extension. Lessee has $1,900.00 on
deposit as security and $2,480.00 on deposit as last month's rent. Lessee shall
bring the total security deposit to $2,550.00, and the total last month's rent
to $2,725.00, by paying Lessor $895.00 upon signing.
5. All other terms and conditions shall remain in full force and effect.
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Signed:
XXXXXXX XXXXXXX
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Perloff/Xxxxxxx Date
By: XXXXXX X. XXXXX, its CFO 5/12/99
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P.I. Graphics Date
By: XXXXXX X. XXXXX, its CFO 5/12/99
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0XXxxxxxxx.xxx Date
