EXHIBIT 10-14
AMENDMENT NO. 1 TO
LEASE BY AND BETWEEN
XXXX INDUSTRIES INCORPORATED AND XXXX MEDIA CORPORATION
This Amendment No. 1 to Lease (this "Amendment No. 1" is made and
entered into as of July 15, 1997 by and between Xxxx Industries Incorporated, an
Oregon corporation ("Landlord", and Xxxx Media Corporation, an Oregon
corporation ("Tenant"), for the purpose of amending and modifying that certain
Lease dated November 12, 1996 by and between Landlord and Tenant (the "Lease7").
NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Landlord and Tenant agree as
follows:
1. The first sentence of Section 4.1 of the Lease is hereby amended to
read as follows:
"Tenant shall pay to Landlord as rent for the Premises equal monthly
installments of $14,258."
2. Section 4.4 of the Lease is hereby amended in its entirety to read
as follows:
"4.4 TENANT IMPROVEMENTS. Tenant shall be responsible for a total of $290,041 of
tenant improvements in connection with the renovation of the Premises."
3. As amended hereby, the Lease remains in full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have executed this Amendment
No. 1 as of the date first written above.
"LANDLORD" "TENANT"
XXXX INDUSTRIES INCORPORATED XXXX MEDIA CORPORATION
Xxxxx X. Xxxx, President Xxxxx X. Xxxx, President and CEO
