Exhibit 10.13
LEASE EXTENSION AGREEMENT
THIS LEASE EXTENSION AGRREEMENT is made and entered into by and between
Xxxxxxxx-Xxxxxx Mfg, Co., as Lessor, and Easy Gardener Acquisition Corp., as
Lessee, upon the following terms, conditions, considerations and agreements.
WHEREAS by that one certain lease Agreement (the "Lease") dated 8-1-89
executed by Lessor and Lessee, Lessor leased unto Lessee the "Leased Premises"
as described therein and being described herein as follows:
0000 Xxxxxxxx Xxx.
Xxxx, Xxxxx 00000
WHEREAS Lessor and Lessee desire to extend the Lease in accordance with
the term thereof;
NOW THEREFORE, for and in consideration of the following, and the
agreements of the parties hereafter set forth, it is agreed as follows:
1. LEASE EXTENSION. The Lease is hereby extended and renewed for a term of
Three (3) years, ("Extended Term") with the extended term beginning on the 1st
day of March, 2002 and ending on the 28th day of February, 2005.
2. RENT. The monthly base rental for the Extended Term shall be the sum of
$19,386.00.
3. OTHER TERMS. All of the terms, provisions, covenants, and agreements
contained in the Lease, except as may be specifically modified herein, shall be
fully applicable throughout the Extended Term.
4. BINDING EFFECT. The execution hereof and the resulting extension and
or/modification of the Lease, shall not in any way relieve or diminish the
obligations, responsibilities of liability of any Lessee or any guarantor of any
Lessee under the Lease, and it is agreed that all such obligations,
responsibilities and liability, and any security therefore, shall continue
throughout the Extended Term. This Agreement shall be binding upon the parties
hereto and their respective heirs, executors, successors and assigns.
5. CHANGES OR ADDITIONS.
1. Lessee rented #9 Warehouse at a rental rate of nine cents (.09) per
square foot or $842.00 per month.
EXECUTED THIS 14th day of February, 2002.
Xxxxxxxx-Xxxxxx Mfg. Co. Easy Gardener Acquisition, Corp.
/s/ Xxxxxx X. Xxxxxxxx, III /s/ Xxxxxx X. Xxxxx, VP Operations
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Xxxxxx X. Xxxxxxxx, III, President Xxxxxx X. Xxxxx, Vice President
"Lessor" "Lessee"