EXHIBIT 10.1
AMENDMENT TO LEASE
This Amendment to Lease dated the 5th day of September 1996, between
MOUNTAIN VIEW OFFICE PARK, a partnership with offices at 0000 Xxxxxxxxx Xxxx,
Xxxxxxxxxxxxx, Xxx Xxxxxx 00000, (hereinafter referred to as "Landlord") and BIO
IMAGING TECHNOLOGIES, INC., with offices at 000 Xxxx Xxxxxx Xxxx, Xxxxxxx, Xxx
Xxxxxx 00000, hereinafter referred to as Tenant.
WITNESSETH:
That the Lease of Business Premises, dated October 11, 1991 and
subsequent Amendments dated July 2, 1992, August 31, 1992, December 16, 1993,
and August 3, 1995 between the parties hereto, consisting of 7,835 rentable
square feet is hereby amended as follows:
Now, Therefore, the parties hereto agree to amend the aforesaid Lease in
the following specific manner and on the following specific terms.
1. The term of this renewal shall be for a period of two (2) years
beginning December 1, 1996 and ending November 30, 1998, however, it is
understood and agreed this agreement may be cancelled on November 30, 1997,
by providing Landlord ninety (90) days written notice of cancellation.
2. The demised premises shall be increased to 9,061 rentable square
feet.
3. The base rent for this term shall be TWO HUNDRED TWENTY-SIX
THOUSAND, FIVE HUNDRED TWENTY-FIVE and 00/100 ($226,525.00) DOLLARS.
The said rent is to be payable monthly in advance on the first day of
each calendar month for the term hereof, in installments of NINE THOUSAND, FOUR
HUNDRED THIRTY-EIGHT and 54/100 ($9,438.54) DOLLARS, at the office of Mountain
View Office Park, 0000 Xxxxxxxxx Xxxx, Xxxxxxxx 0, Xxxxx 000, Xxxxxxxxxxxxx, Xxx
Xxxxxx 00000 or as may be otherwise directed by the Landlord in writing.
4. The Twenty-Seventh and Twenty-Eighth paragraphs shall be changed
from 14% to 16.5%.
5. The parties agree that in all other respects, the terms of the
Lease dated October 11, 1991 and subsequent Amendments are hereby affirmed.
In Witness Whereof, the said parties have hereunto set their hands and
seals the day and year first above written.
WITNESS: MOUNTAIN VIEW OFFICE PARK
/s/ Xxxxx Xxxxxxx /s/ Xxxxxx X. Xxxxxxx
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Xxxxxx X. Xxxxxxx
General Partner and Landlord
WITNESS: BIO IMAGING TECHNOLOGIES, INC.
/s/ Xxxxxx X. Xxxxxxxx /s/ Xxxxxx X. Xxxxx
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Vice President and Tenant
Chief Financial Officer
