FIRST AMENDMENT TO LEASE AGREEMENT
Exhibit 10.9
FIRST AMENDMENT TO LEASE AGREEMENT
THIS FIRST AMENDMENT TO LEASE (“First Amendment”) made this 19th day of March, 2013, by and between Legacy Capital Group A Limited Partnership, an Oklahoma limited partnership, (“Lessor”), and Enovation Controls, LLC, an Oklahoma limited liability company, (“Lessee”) with reference to the following facts:
(a) | Lessor entered into a Lease Agreement dated March 31, 2004 (“Original Lease”) pursuant to which Xxxxxx Industries, LLC (formerly known as Xxxxxx Industries, Inc.) (“Original Lessee”) leased a certain tract of land described on Exhibit “A” attached to the Original Lease. |
(b) | Certain assets and operations of Original Lessee were transferred to Lessee effective January 1, 2013. |
NOW THEREFORE, the Lessee assumes all rights and responsibilities under the Original Lease.
IN WITNESS WHEREOF, the parties hereto have executed this First Amendment on the day and year first above set forth.
“Lessor”: | LEGACY CAPITAL GROUP A LIMITED PARTNERSHIP, an Oklahoma limited partnership | |||||||||
By: | Legacy Management Company, LLC an Oklahoma limited liability company, Its General Partner | |||||||||
By: | /s/ Xxxxx X. Xxxxxx III | |||||||||
Xxxxx X. Xxxxxx III, Manager 0000 X. 00xx Xxxxxx Xxxxx, Xxxxxxxx 00000 |
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“Lessee”: | ENOVATION CONTROLS, LLC, an Oklahoma limited liability company |
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By: | /s/ Xxxxx X. Xxxxxx III | |||||||||
Xxxxx X. Xxxxxx III, Executive Chairman 0000 X. 000xx Xxxx Xxxxxx Xxxxx, Xxxxxxxx 00000 |