EIGHTH AMENDMENT TO COMMERCIAL LEASE
THIS EIGHTH AMENDMENT TO COMMERCIAL LEASE ("EIGHTH AMENDMENT") is made this
24th day of July, 1997, between Full Circle Partnership III Ltd. (hereinafter
referred to as "Landlord") and Spectranetics Corporation, (hereinafter referred
to as "Tenant").
1. TERM: The termination date of the lease shall be extended to
December 31, 2000.
2. RENT: Monthly base rental to be - 1998 - $12,189.00
1999 - $12,798.10
2000 - $13,438.00
3. OPTION: Tenant shall have the right to extend this lease for an
additional Two (2) year period ending December 31, 2002. Option shall be
exercised by Tenant giving written notice to Landlord no later than September
30, 2000. Monthly base rent for the option period shall be: 2001 - $14,310.00,
and 2002 - $14,816.00.
4. HVAC: Landlord agrees that Tenant will not be responsible for the
repair or replacement of HVAC units, except as included in NNN charges, during
the term of this lease.
5. LEASE PROVISIONS: All terms, conditions and assignments of the lease and
amendments one through seven shall remain the same except for the above items
one, two, three, and four.
LANDLORD
Full Circle Partnership III
By: (signed) J. Xxxxxxx Xxxxxx
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Its: General Partner
Date: 12/3/97
TENANT
Spectranetics Corporation
By: (signed) Xxxxxxxx X. Xxxxxx
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Its: Vice President
Date 7/28/97
