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Exhibit 10.3
FIRST AMENDMENT TO SUBLEASE AGREEMENT
This first amendment ("Amendment"), made as of this 2nd day of February,
1998, by and between Global Discount Travel Services, LLC, a Nevada limited
liability company, located at 000 Xxxxx Xxxxxxx Xxxxx, Xxx Xxxxx, Xxxxxx 00000
("GDTS"), and Lockheed Xxxxxx Corporation, located at 00000 Xxxx Xxxxx Xxxxxx
Xxxx, Xxxxxxxxx, Xxxxxxxx 00000 ("Lockheed Xxxxxx"), amends that certain
Sublease Agreement by and between such parties, effective as of April 1, 1996
(the "Agreement"). All capitalized terms used herein and not otherwise defined
shall have the meanings ascribed thereto in the Agreement. The Agreement is
hereby amended as follows:
1. As set forth more specifically in the attached Exhibit A, the leased
premises and square footage (the "Premises") shall be increased commencing on
February 1, 1998 and shall include:
Area Rentable Square Feet
---- --------------------
Area 1 4,011
Xxxx 0 2,127
Area 4 1,330
-----
Total Rentable Square Feet 7,468
Area 2 shall include the patio premises, and the entrance lobby shall be
designated as a common area for use by both Lockheed Xxxxxx and Global as
depicted on Exhibit B attached hereto.
2. The Service Monthly Rental Rate for the Premises per rentable square
foot shall be $1.40, excluding electrical usage or janitorial services. The new
total monthly rent shall be $44,296.81 effective Februay 15, 1998..
3. Lockheed shall deliver the Premises "as-is". GDTS shall be responsible
for all tenant retrofit at its sole cost.
4. This Amendment is contingent upon receiving Lanlord's (Xxxxxx Xxxxxx
Properties) written consent and all conditions contained therein.
All provisions of this Amendment shall be construed in accordance with the
provisions of the Agreement. All provisions of the Agreement not affected by the
Amendment shall remain in full force and effect as set forth therein.
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IN WITNESS WHEREOF, the parties hereto have cause this Amendment to be
executed as of the date hereinabove first written.
LOCKHEED ENGINEERING & SCIENCE COMPANY GLOBAL DISCOUNT TRAVEL SERVICES, LLC
by LMC Properties, Inc., Attorney in Fact
Under Irrovocable Power of Attorney
dated June 5, 1996
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X. X. Xxxxxxx Xxxxx X'Xxxx
Manager, Real Estate
