FIRST AMENDMENT March 27, 2002
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0000 Xxxxx Xxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxx
("the Building")
FIRST AMENDMENT
March 27, 2002
LANDLORD: |
LaSalle Bank, National Association LaSalle National Bank and Trust Company of Chicago, as Trustee under Trust Agreement dated June 26, 1997 and known as Trust Number 123103-06 and not personally |
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TENANT: |
Xxxxxxxxx Xxxxx Corporation 0000 Xxxx Xxxxxxx Xxxx. Xxxxxxx, Xxxxxxxx 00000 |
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PREMISES: |
An area containing 112,222 square feet of Rentable Area on the first (1st) floor of the Building, substantially as shown on Lease Plan, Exhibit 2, attached to the lease. |
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TERM COMMENCEMENT DATE: |
July 1, 2000 |
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TERMINATION DATE: |
June 30, 2002 |
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OPTION TERM TERMINATION DATE: |
June 30, 2003 |
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LEASE EXECUTION DATE: |
July 1, 2000 |
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PREVIOUS LEASE AMENDMENTS: |
NONE |
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EXTENDED TERMINATION DATE: |
June 30, 2004 |
WHEREAS, Tenant desires to extend the term of the lease for an additional period;
WHEREAS, Landlord is willing to extend the term of the lease on the terms and conditions hereinafter set forth;
NOW THEREFORE, the parties hereby agree that the above-described lease, as previously amended ("the Lease"), is hereby further amended as follows:
1. Extension of Term
The term of the Lease is hereby extended for an additional One- (1)-year term commencing as of July 1, 2003 and termination as of June 30, 2004. Said additional terms shall be upon all of the same terms and conditions of the Original Lease, except that the Yearly Rent payable in respect of the one-year additional term shall be as follows:
| Annual Rent | Monthly Rent | |
| $282,802.46 | $23,566.87 |
2. Option Term
Tenant shall have the option to extend the terms of this agreement for three (3) one (1) year terms at the monthly rental amount which will be 102.0% greater than the previous years monthly rent and provided that the Tenant delivers writing notice of its intent to extent the agreement to the Landlord 180 days prior to the expiration of the previous years term.
3. Heading
Title and paragraph headings are for reference purposes and for convenience of the parties only and shall have no bearing upon nor force or effect in respect of the interpretation and application of the substantive provisions in this Fifth Amendment contained.
As hereby amended, the Lease is ratified, confirmed, and approved in all aspects.
WHEREFORE, the parties have hereunto set their hands and seals as of the date first above written.
| LANDLORD: | TENANT: | |||
LaSalle Bank, National Association, as trustee aforesaid and not personally |
Xxxxxxxxx Xxxxx Corporation 0000 Xxxx Xxxxxxx Xxxx. Xxxxxxx, Xxxxxxxx 00000 |
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By: |
/s/ Illegible Trust Officer |
By: |
/s/ Xxxx X. Xxxxxxx Xxxx X. Xxxxxx—Vice President Hereunto Duly Authorized |
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Date Signed: 7-16-02 |
Dated Signed: 6/1/02 |
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