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EXHIBIT 10.2
FIRST AMENDMENT TO A COMMERCIAL LEASE
The parties hereto Clematis LLC, Lessor and Interleukin Genetics, Inc., Lessee
under a certain Lease Agreement ("Lease Agreement") dated May 26, 2000 for
premises located at 000 Xxxxxx Xxxxxx, Xxxxxxx, XX ("Premises") agree as
follows:
Whereas the Lessee, for its own convenience desires to lease the premises for an
additional rent in lieu of paying for improvements directly; and
Whereas the Parties have agreed that the additional rent shall be calculated by
taking the build-out cost of $13,557.00 (as reflected in Exhibits A and B
attached) , amortized over 24 months at a 10% interest charge: and
Whereas the parties hereby agree to adjust the Lease Agreement to reflect the
change in the rent due to include additional rent of $625.59 per month.
Now therefore, the Parties agree as follows:
The following is added to paragraph 4 of the Leases Agreement:
At and after July 15, 2000 through July 14, 2002, the Lessee shall pay
to the Lessor rent in advance in monthly installments as follows:
Base Rent $6,500.00
Additional Rent 625.59
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Total Base Rent $7,125.59
All other terms and conditions in said Lease Agreement shall remain unchanged.
Agreed this day of July 2000.
Clematis LLC
Lessor
by:
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Xxxxx Bros. Management Company, Inc. Manager
Xxxxxx X. Xxxxx, President
Interleukin Genetics, Inc.
Lessee
by:
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