Exhibit 10.12.4
FIFTH AMENDMENT TO LEASE
THIS AMENDMENT, made and entered into this 29th day of June, 2004, by and
between PARK SPE, LLC, hereinafter called "Lessor," and CXT INCORPORATED, a
Delaware corporation hereinafter called "Lessee."
RECITALS
WHEREAS, on April 1, 1993, the Lessor and Lessee entered into an agreement of
Lease covering those certain premises described as a portion of those certain
premises described as Spokane County Altered Binding Site Plan No. 87-17,
Spokane County Binding Site Plan Xx. 00-00, xxx Xxxxxxx Xxxxxx Xxxxxxx Xxxx Xxxx
Xx. 00-00, containing approximately 8,619,217 gross square feet (Building S-16),
located at 0000 Xxxxx Xxxxxxxx Xxxx, situated in the County of Spokane, the
State of Washington.
WHEREAS, on March 28, 1996 the Lessor and Lessee entered into a First Amendment
to Lease covering those certain premises whereby expanding its Premises to
include 2.765 acres of Parcel A (located East of Tract A) and increasing the
monthly Base Rent and Common Area Expenses.
WHEREAS, on June 30, 1999 the Lessor and Lessee entered into an Amendment to
Lease covering those certain premises whereby Lessee entered into a transaction
wherein its stockholders sold all of their stock to X.X. Xxxxxx Company, which
sales constituted a transfer of the Lessee's interest in the Lease requiring
Lessor's consent. The Lease and all addendums and amendments thereto are
hereinafter collectively referred to as the "Lease."
WHEREAS, on November 7, 2002 the Lessor and Lessee entered into a Third
Amendment to Lease covering those certain premises whereby extending the Term of
the Lease for an additional year effective January 1, 2003.
WHEREAS, on December 15, 2003 the Lessor and Lessee entered into a Fourth
Amendment to Lease covering those certain premises whereby extending the Term of
the Lease for an additional seven (7) months effective January 1, 2004.
WHEREAS, the said Lessee now desires to extend the term of the Lease for an
additional two (2) year period effective August 1, 2004.
NOW, THEREFORE, in consideration of the Premises and agreements herein
contained, it is hereby agreed as follows:
Article 3. Term, shall be amended as follows:
The Term of the Lease shall be extended for an additional two (2) year
period effective August 1, 2004 and shall end on July 31, 2006. Additionally,
Lessor and Lessee agree to execute this Fifth Amendment to Lease rather than the
execution of a new lease as stipulated in Article 3 of the Fourth Amendment to
Lease.
Article 4. Base Rent, paragraph 4.1, shall be amended as follows:
August 1, 2004 through July 31, 2006 $18,541.00 per month
EXCEPT for the new terms and conditions listed above, all other terms and
conditions of the Lease and any subsequent amendment(s) shall remain in full
force and effect.
IN WITNESS WHEREOF, the said Lessor and Lessee have executed this amendment
to lease the day and year first written above.
LESSOR: LESSEE:
PARK SPE, LLC CXT INCORPORATED
A Delaware corporation
/s/ Xxx X. Xxxxx /s/ Xxxx Xxxxxxx
--------------------------------------- -------------------------------------
Xxx X. Xxxxx, Authorized Representative Xxxx Xxxxxxx, Vice President
STATE OF WASHINGTON )
) ss.
COUNTY OF SPOKANE )
On this 23rd day of July, 2004, personally appeared Xxx X. Xxxxx to me known to
be the Authorized Representative of PARK SPE, LLC, the limited liability
company, that executed the within and foregoing instrument, and acknowledged the
said instrument to be the free and voluntary act and deed of said company, for
the uses and purposes therein mentioned, and on oath stated that he was
authorized to execute the said instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
/s/ Xxxxx Xxxxx
-------------------------------------
Name Printed: Xxxxx Xxxxx
NOTARY PUBLIC in and for the State
of Washington, residing at Spokane
Valley.
My Commission Expires: 0-0-00
XXXXX XX XXXXXXXXXX )
) ss.
COUNTY OF SPOKANE )
On this 16th day of July, 2004, personally appeared Xxxx Xxxxxxx to me known to
be the Vice President of CXT INCORPORATED, the Delaware corporation, that
executed the within and foregoing instrument, and acknowledged the said
instrument to be the free and voluntary act and deed of said company, for the
uses and purposes therein mentioned, and on oath stated that he was authorized
to execute the said instrument.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
day and year first above written.
/s/ Xxxx X. Xxxxxxx
-------------------------------------
Name Printed: Xxxx X. Xxxxxxx
NOTARY PUBLIC in and for the State
of Washington, residing at 00000
X. Xxxxxxxxx Xxx. #0 Xxxxxxx Xxxxxx,
XX 00000
My Commission Expires: June 20, 2008
