1
EXHIBIT 10.37
May 15, 1998
Xxxx Xxxxxxxx, General Partner
MBP Associates
000 Xxxx Xxxxxx Xxxx, Xxxxx 0000
Xxxxxxxx, Xxxxxx 00000
OFN, INC. - ASSIGNMENT OF LEASE AGREEMENTS
Dear Xx. Xxxxxxxx:
Pursuant to Section 12.1 of the Standard Industrial/Commercial
Multi-Tenant Lease between MBP Associates ("Lessor") and OFN, INC. ("Lessee")
dated April 1, 1997, as amended, for the premises 0000 X, Xxxxxxxx Xxxxx, Xxx
Xxxxx, XX (the "Miralani Drive Lease"), this letter provides prior notice of a
change in the control (as defined in the Miralani Drive Lease) of Lessee which
shall constitute an assignment of the Miralani Drive Lease by Lessor to a
wholly-owned subsidiary of Business Resource Group ("BRG"). By its signature
below, BRG agrees to assume the obligations of Lessee under the Miralani Drive
Lease to be effective upon consummation of the Asset Purchase Agreement by and
between BRG and Lessee.
Pursuant to Section 12.1 of the Standard Industrial/Commercial
Single-Tenant Lease between MBP Associates ("Lessor") and OFN, INC. ("Lessee")
dated October 16, 1992, as amended, for the premises 0000 Xxxxxx Xxxxx, Xxx
Xxxxx, XX (the "Arjons Drive Lease"), this letter provides prior notice of a
change in the control (as defined in the Arjons Drive Lease) of Lessee which
shall constitute an assignment of the Arjons Drive Lease by Lessor to BRG. By
its signature below, BRG agrees to assume the obligations of Lessee under the
Arjons Drive Lease to be effective upon consummation of the Asset Purchase
Agreement by and between BRG and Lessee.
Please acknowledge the consent of Lessor to the above assignments by
signing where indicated below.
Sincerely,
OFN, INC.,
D.B.A. OFFICE FURNITURE NETWORKING
/s/ XXXXX XXXXXXXX
----------------------------------------
Xxxxx Xxxxxxxx
President
AGREED TO AND ACCEPTED: AGREED TO AND ACCEPTED:
MPS ASSOCIATES BUSINESS RESOURCE GROUP
By: /s/ Xxxx X. Xxxxxxxx By: /s/ X.X. Xxxx
-------------------------------- ------------------------------------
Name: Xxxx X. Xxxxxxxx Name: X.X. Xxxx
------------------------------ ----------------------------------
Title: General Partner Title: President & CEO
----------------------------- ---------------------------------
Date: 5/21/98 Date: 5/22/98
------------------------------ ----------------------------------
