FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE ("First Amendment") entered into effective
the ______ day of _______________, 2001, by and between FORT XXXXXX PROPERTIES,
LLC ("Landlord") and PRO TECH COMMUNICATIONS, INC. ("Tenant").
WITNESSETH
WHEREAS, Landlord and Tenant entered into that certain Office Lease dated
October 17, 2000 (the "Lease") for the rental of approximately 12,947 square
feet of space located in Ft. Xxxxxx, Florida in a development known as Orange
Blossom Town Center (the "Town Center"); and
WHEREAS, the Landlord and Tenant desire to amend the Lease to include
provisions inadvertently left out of the Lease for additional rent related to
the Tenant's share of real property taxes and insurance premiums paid by the
Landlord in connection with the Leased Premises and the Town Center.
NOW, THEREFORE, for and in consideration of the sum off Ten Dollars
($10.00) and other good and valuable considerations, the Landlord and Tenant
hereby agree to amend the Lease as follows:
1. Section 3(b) is hereby amended by adding the following paragraphs:
"Tenant shall pay to Landlord, as Additional Rent, Tenant's Share of
Landlord's Real Estate Taxes assessed against the Town Center. "Tenant's
Share of Real Estate Taxes" shall be a fraction (the numerator of which
shall be the number of square feet within the Leased Premises and the
denominator of which shall be the number of leasable square feet within the
Town Center) of the total amount of Real Estate Taxes for the Town Center.
The leasable area of the Town Center may increase or decrease from time to
time and in that event, the denominator shall be adjusted. At such time as
the Leased Premises is increased, the numerator shall be increased
accordingly. "Real Estate Taxes" shall include any form of real estate or
ad valorem property tax or assessment, general, special, ordinary or
extraordinary, any license fee, improvement bond or bonds, levy or tax
imposed upon the Town Center by any authority having the direct or indirect
power to tax, including any city, county, state or federal government or
any school district, agricultural, sanitary, fire, street, drainage or
other improvement district thereof."
"During each calendar year or partial calendar year during the term, Tenant
shall pay as Additional Rent, Tenant's share of insurance premiums paid by
Landlord for the insurance required to be paid by Landlord under this Lease
("Insurance Premiums")."
2. Section 3(c) is hereby amended by inserting on line 5 and line 13, after
the word "Costs" a comma and the words, "Real Estate Taxes and Insurance
Premiums."
3. Except as modified herein, all other terms, covenants and conditions of the
Lease shall remain the same.
IN WITNESS WHEREOF, Landlord and Tenant have executed this FIRST AMENDMENT
the day and year first above written in the present of the undersigned
witnesses.
Witness To Landlord: LANDLORD:
FORT XXXXXX PROPERTIES, LLC
_____________________________ By: ________________________
M. Xxxxxx Xxxxxxx
_____________________________ Its: Vice President
Witness To Tenant: TENANT:
PRO TECH COMMUNICATIONS, INC.
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_____________________________ By: ___________________________
Its: ___________________________
