Exhibit 14.1
TAA Lease Extension
AMENDMENT TO LEASE
TUCSON AIRPORT AUTHORITY
AND
XXXXXXXX AEROSPACE TECHNOLOGIES, INC.
(MAIN FACILITY)
This Amendment to Lease is entered into this ___ day of February 2006,
by and between Tucson Airport Authority, Inc., an Arizona nonprofit corporation
("TAA"), and Xxxxxxxx Aerospace Technologies, Inc. ("Tenant").
A. TAA and Tenant previously entered into that certain Lease effective
March 23, 2005 (the "Lease") with respect to certain premises located on Tucson
International Airport.
C. Tenant and TAA desire to amend the Lease to extend the terms of the
lease and modify the rent obligations.
NOT THEREFORE the parties hereby agree as follows:
1. Term. The term of the Lease, which is set forth in Section 2.1 of the
Lease, is modified to be as follows: The Term of the Lease shall extend from the
Commencement Date as set forth in the Lease, through February 28, 2007.
2. Rent. Commencing on March 1, 2006, the rent due pursuant to Section 3.1
of the Sublease shall be 318,228.37 per year, payable as set forth therein, in
equal monthly installments.
Except as modified herein, the Lease is unchanged and shall remain in full force
and effect.
TAA: TENANT:
TUCSON AIRPORT AUTHORITY, INC. XXXXXXXX AEROSPACE
an Arizona nonprofit corporation TECHNOLOGIES, INC., a Delaware
corporation
By: /s/ Xxxxxx X. Xxxxx By: /s/
----------------------------- ---------------------------
Xxxxxx x. Xxxxx, A.A.E. Name:
President/CEO Title: Director
Date: March ?, 2006 Date: Feb. 20, 2006
