SUPPLEMENTAL LEASE EXTENSION AND MODIFICATION AGREEMENT IV
Exhibit 10.1
SUPPLEMENTAL LEASE EXTENSION AND MODIFICATION AGREEMENT IV
This Supplemental Lease Extension and Modification Agreement is made and entered into as of the 14th day of June, 2013 between KINGFISHER LLC, a New York limited liability company having its principal place of business at XX Xxx 000, 0000 Xxxxx 000, Xxxx Xxxxxxx, Xxx Xxxx 00000 (“Landlord”) and MTI MICROFUEL CELLS, INC., a New York corporation having its principal place of business at 000 Xxx Xxxxxx Xxxx, Xxxxxx, Xxx Xxxx 00000 (“Tenant”), as Assignee of MECHANICAL TECHNOLOGY, INCORPORATED (“Original Tenant’).
PRELIMINARY STATEMENT
The Landlord and Original Tenant entered into a Lease Agreement (“Lease”) dated April 2, 2001, as amended by the following Amendments thereto: First Amendment to Lease dated March 13, 2005, Second Amendment to Lease dated December 12, 2005, Third Amendment to Lease dated August 7,2006, Fourth Amendment to Lease dated August 6, 2007, Fifth Amendment to Lease dated March 31, 2009, Sixth Amendment to Lease executed by Landlord, Original Tenant and Tenant dated January 1, 2010, Seventh Amendment to Lease between Landlord and Tenant dated July 28, 2010, Lease Extension and Modification Agreement dated April 14, 2011, Lease Extension and Modification Agreement II dated July 18, 2011, Supplemental Lease Extension and Modification Agreement dated September 29, 2011, and Supplemental Lease Extension and Modification Agreement II dated March 14, 2012, Supplemental Lease Re-Instatement and Modification Agreement dated April 12, 2012, and Supplement Lease Extension and Modification Agreement III dated December 14, 2012 for that certain premises at 000 Xxx Xxxxxx Xxxx, Xxxxxx, Xxx Xxxx, consisting of 2,369 Gross Leasable Square Feet.
Tenant desires to extend the Lease Term for additional 1 month.
NOW, THEREFORE, the Landlord and Tenant agree to the following:
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Lease Term shall be extended for an additional one month and shall expire on July 31, 2013.
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Except as modified hereby, all of the terms and provisions of the Lease Agreement and all prior Amendments are hereby ratified and confirmed by the parities in all respects.
IN WITNESS WHEREOF, Landlord and Tenant have signed this Supplemental Lease Extension and Modification Agreement as of the day and year first above written.
LANDLORD |
TENANT |
KINGFISHER LLC |
MTI MICROFUEL CELLS, INC |
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By_/s/ Xxxxxx X. Hoe, Jr. |
By_/s/ Xxxxx X. Xxxxx _____________ |
Xxxxxx X. Hoe, Jr., Member Manager |
Xxxxx X. Xxxxx, Chief Executive Officer |