THIRD AMENDMENT TO LEASE AGREEMENT
NOW COME Central United Life Insurance Company ("Lessor") and GraphOn
Corporation ("Lessee") pursuant to a lease agreement between the parties dated
October 24, 2003 (the "Agreement") and confirm the following:
1. EFFECTIVE DATE OF THE AMENDMENT
This Third Amendment becomes effective September 15, 2005 and continues
through the term of the Agreement.
2. TERM
Lessor does hereby extend the Lease term for a three (3) year term
commencing on September 15, 2006 and ending on September 14, 2009. Lessee shall
have the right to terminate the Lease at any time during the term by giving a
six (6) month advance written notice to Lessor.
3. LESSOR'S QUARTERS
The Lessor will hereby increase the area leased by the Lessee by Two
Thousand and Thirty (2,030) square feet designated by the xxxxx diagonal lines
on the plan attached hereto, said plan being the plan of the second floor of the
office building.
4. BASE RENT
Lessee shall pay to Lessor annual rent in the amount of One Hundred
Thousand Ninety Eight Dollars ($100,098.00) the "Base Rent," which base rent is
calculated at Eighteen Dollars ($18.00) per square foot for Five Thousand Five
Hundred Sixty One (5,561) square feet (except for any fractional months at the
beginning and end of each term which shall be prorated). Lessee shall make
payment in equal monthly installments of Eight Thousand Three Hundred Forty One
Dollars and Fifty Cents ($8,341.50) in advance on the first day of each month.
5. CONTINUATION OF AGREEMENT
In all other respects, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment
by their officers hereunto duly authorized.
LESSOR: CENTRAL UNITED LIFE INSURANCE CO.
Date: 09/11/06 BY: /s/ Xxxxxxx X. Xxxxx
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Xxxxxxx X. Xxxxx
Its Duly Authorized Representative
LESSEE: GRAPHON CORPORATION
Date: September 11, 2006 BY: /s/ Xxxxxxx X. Xxxxxxx
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Xxxxxxx X. Xxxxxxx
Its Vice President of Engineering
STATE OF NEW HAMPSHIRE
COUNTY OF MERRIMACK
The foregoing instrument was acknowledged before me this 11th day of
September, 2006 by Xxxxxxx X. Xxxxx, Duly Authorized Representative of Central
United Life Insurance Company.
BY: /s/
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Notary Public
STATE OF NEW HAMPSHIRE
COUNTY OF MERRIMACK
The foregoing instrument was acknowledged before me this 11th day of
September, 2006 by Xxxxxxx X. Xxxxxxx, Vice President of GraphOn Corporation.
BY: /s/
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Notary Public
