FIRST AMENDMENT TO LEASE
This First Amendment to Lease ("Amendment") is made December 13, 1999, by and
between MacArthur/Broadway Center, Inc., Landlord, ("Landlord"), and Fiberstars,
Inc., a California Corporation, dba Fibre Optics International, Inc., Tenant,
("Tenant").
RECITALS
A. Landlord and Tenant entered into that certain Lease Agreement dated
September 15, 1998, ("Lease"), for the property located at 000 Xxxxx
Xxxxxxxxxx Xxxxxx, Xxxx(x) X0-0 & 46, Seattle, Washington, which consists
of approximately 6,000 rentable square feet ("Premises") which provided for
an expiration date of February 29, 2000.
B. Tenant and Landlord agree to further extend the duration of the Lease Term
and amend the applicable Monthly Basic Rent and Security Deposit.
AGREEMENT
In consideration of the recitals and mutual covenants contained herein, Landlord
and Tenant hereby amend the Lease as follows:
1) The duration of the Lease Term is extended from March 1, 2000 to February
28, 2003 (the "Extended Period").
2) The Monthly Basic Rent payable during the Extended period shall be as
follows:
March 2, 2000 Through February 28, 2001 $4,928.00 per month
March 2, 2001 Through February 28, 2002 $5,076.00 per month
March 2, 2002 Through February 28, 2003 $5,228.00 per month
3) Upon the execution of this First Amendment to Lease, Tenant shall make an
additional security deposit of $443.00, which brings the new total security
deposit from $4,785.00 to $5,338.00.
Except for the modifications made herein, all other terms and conditions of the
Lease shall be unchanged and remain in full force and effect.
LANDLORD TENANT
MacArthur/Broadway Center, Inc. Fiberstars, Inc. a California
dba Fibre Optics International,
Inc.
By: /s/ XXXX XXXXXXX By: /S/ XXXXXX X. XXXXXXX
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Its: VICE PRESIDENT Its: CFO
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Date: 12/22/99 Date: Dec. 16, 1999
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