Exhibit 10.42
LEASE AMENDMENT
DATED: November 29, 2000
BETWEEN: M&T PARTNERS, INC. LANDLORD
a Delaware Corporation
AND: XXXXXXXXX AND XXXX TENANT
A Massachusetts corporation
By written Lease dated July 18, 1994, Tenant leased from Landlord
approximately 5,000 square feet of warehouse and office space located in
Building No. 5, Pacific Business Park, 0000 Xxxxx 000xx Xxxxxx, Xxxx Xxxxxxxxxx
00000 (hereinafter referred to as "the Premises"). Effective April 1, 1997, the
Landlord Pacific Realty Associates, L.P., transferred ownership of the Property
to PBP-N, Inc. By Lease Amendment, dated October 9, 1997, the Lease term was
extended. Effective November 24, 1999, the Landlord PBP-N, Inc. merged into M&T
Partners, Inc. The Lease expires November 30, 2000.
Tenant now wishes to extend the term of the Lease.
NOW, THEREFORE, the parties agree as follows:
1. The Lease shall be extended for an additional 36 months commencing
December 1, 2000 and continuing through November 30, 2003.
2. The base rent shall increase to $2,210.00 per month for the period
December 1, 2000 through November 30, 2001. Effective December 1, 2001 through
November 30, 2002 the base rent shall increase to $2,320.00 per month. Effective
December 1, 2002 through November 30, 2003 the base rent shall increase to
$2,412.00 per month.
3. Tenant has deposited $2,060.00 with Landlord under the terms of the Lease.
Tenant shall now deposit with Landlord an additional $352.00, bringing its total
security deposit to $2,412.00.
4. Except as expressly modified hereby, all terms of the Lease shall remain in
full force and effect and shall continue through the extended term.
IN WITNESS WHEREOF, the parties have executed this agreement as of the day
and year first written above.
M & T PARTNERS, INC. XXXXXXXXX AND XXXX
a Delaware Corporation a Massachusetts corporation
By /s/ Xxxx X. Xxxxxxxxxxx By /s/ Xxxxx X. Xxxxxx
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Xxxx X. Xxxxxxxxxxx Xxxxx X. Xxxxxx
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Vice President President
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(Acknowledgment by Individual)
STATE OF MASSACHUSETTS )
) ss
County of NORFOLK )
On this 4th day of December, 2000, before me, personally appeared Xxxxx
Xxxxxx to me known to be the individual described in and who executed the
foregoing instrument, and acknowledged to me that he signed the said instrument
as his free and voluntary act and deed for the uses and purposes therein
mentioned.
/s/ Xxxxx Xxxxxxxx
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Notary Public for
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My Commission Expires: 6/21/07
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(Acknowledged by M&T Partners, Inc.)
STATE OF OREGON )
) ss
County of WASHINGTON )
On this 21st day of December, 2000 before, me personally appeared Xxxx X.
Xxxxxxxxxxx, who, being first duly sworn, did say that he is the Vice President
of M&T Partners, Inc.
WITNESS my hand and official seal
/s/ Xxxxx X. Xxxxxx
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Notary Public for the State of Oregon
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My Commission Expires: 5/25/04
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