Exhibit 10.8
FOURTH AMENDMENT TO LEASE
THIS AGREEMENT, dated as of the 5TH day of March, 1996, by
and between THE XXXXXXX COMPANY, agent for SAFEGUARD SCIENTIFICS, INC.,
("Landlord") and MARIS EQUIPMENT COMPANY, ("Tenant").
WITNESSETH:
WHEREAS, Landlord and Tenant entered into an Agreement of
Lease dated July 23, 1986 (which together with the Lease Amendment Agreement
dated January 13, 1992, Second Amendment to Lease dated May 29, 1992, and the
Third Amendment to Lease) are herein referred to as the "Lease", for Premises
situated in the Whiteland Business Park, 000 Xxxxxx Xxxxx, Xxxx Xxxxxxxxx
Xxxxxxxx, Xxxxx, Xxxxxxxxxxxx totalling 21,580 Square Feet, said Premises being
more particularly described in said Lease, and
WHEREAS, the parties hereto desire to amend the lease by
modifying certain provisions thereof as hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants
herein contained and intending to be legally bound hereby, the parties hereto
agree as follows:
1. The Term of said Lease is hereby extended for a period of
three (3) years so as to expire on April 30,1999.
2. Effective May 1, 1996 the annual Base Rent as set forth in
Section 1 of said Lease shall be changed to $151,060.00, all such Base Rent
to be payable in equal monthly installments of $12,588.33 at the same time and
in the same manner as provided in said Lease for Base Rent payments.
3. Except as modified hereby, all terms and provisions of said
Lease shall continue in full force and effect, all of which are hereby ratified
and confirmed.
IN WITNESS WHEREOF, the parties hereto have caused this Fourth
Amendment to be executed the day and year first above written.
(CORPORATE SEAL) THE XXXXXXX COMPANY, Agent for
SAFEGUARD SCIENTIFICS, INC.,
Landlord
ATTEST:_______________________ BY:___________________________
(CORPORATE SEAL) MARIS EQUIPMENT COMPANY,
Tenant
ATTEST:_______________________ BY:___________________________
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