Exhibit 10.7(a)
AMENDMENT NUMBER 3 TO OFFICE SUBLEASE
Confirmation of the Commencement Date and Expiration Date
by and between
AIRSIDE BUSINESS PARK L.P., a Pennsylvania limited partnership
("Landlord")
and
XXXXXXX XXXXX JR., INC., a Pennsylvania corporation ("Subtenant")
WITNESSETH:
WHEREAS, Landlord and Subtenant executed a certain Sublease Agreement
(the "Lease") on August 6, 2001, pursuant to which Landlord leased to Subtenant
certain premises ("Premises") to be constructed and known as Building 100 in the
Airside Business Park, Moon Township, Allegheny County, Pennsylvania; and
WHEREAS, pursuant to Section 3.A. of the Lease, Landlord and Subtenant
shall execute a confirmation of the Commencement Date and Termination Date to
establish such dates necessary to administer the terms of the Lease.
NOW, THEREFORE, the parties intending to be legally bound do hereby
agree as follows:
1. Landlord has substantially completed the Premises and Subtenant has
accepted and took possession of the Premises effective January 10, 2003, now
established as the Commencement Date.
2. Subtenant's obligation to pay rent, therefore, commences January 10,
2003.
3. The term of the Lease shall end on the last day of the month in
which the tenth anniversary of the Commencement Date occurs, which is January
31, 2013.
4. BASE RENT is to be paid monthly on the following schedule:
January 10 to January 31, 2003 $123,029.29
February 1, 2003 through January 31, 2005 $173,359.45/month
February 1, 2005 through January 31, 2008 $176,772.02/month
February 1, 2008 through January 31, 2013 $193,834.97/month
5. BASE EXPENSE YEAR shall be February 1, 2003 through January 31,
2004.
6. For the purposes of Subtenant's Option to Extend (Section 3.E.1.),
Subtenant's Extension Notice for the first option period must be received by
Landlord at least fifteen (15) months prior to January 31, 2013.
7. Capitalized terms used herein and not otherwise defined herein shall
have the meanings assigned to them in the Lease.
IN WITNESS WHEREOF, Landlord and Subtenant have executed this Amendment
Number 3 on February 19, 2003.
WITNESS/ATTEST LANDLORD:
Airside Business Park L.P.
by Havenhurst II Corporation,
its sole general partner
/s/ Xxxxx X. Xxxxx By /s/ Xxxxx X. Xxxxxxxxxxx
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Asst. Secretary
Name Xxxxx X. Xxxxxxxxxxx
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Title Vice President
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SUBTENANT:
Xxxxxxx Xxxxx Jr., Inc.
/s/ Xxxxxx Xxxxxxxxxx By /s/ Xxxxxxx X. Xxxxxx
--------------------- ------------------------------------
Xxxxxx Xxxxxxxxxx
Name Xxxxxxx X. Xxxxxx
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Title Executive Vice President and CFO
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