FIRST AMENDMENT
TO LEASE AGREEMENT
THIS FIRST AMENDMENT TO LEASE AGREEMENT made and entered into this 24th day
of JAN 01, by and between Brobel GP, successor in interest to Xxxx Investco GP,
as Landlord, and Xxxxxxx Sports, Inc. as Tenant.
WHEREAS, Tenant has previously executed a Lease Agreement for 205,277
square feet of space located at 0000 Xxxxxxx Xxxx, Xxxxxxxx, Xxxxxxxxx, which
Lease Agreement was dated August 22. 2000, which Lease Agreement is hereinafter
referred to as the "Lease;" and
WHEREAS, the parties desire to amend the Lease in order to reflect their
agreement as to certain provisions contained therein.
NOW, THEREFORE, IN CONSIDERATION of mutual covenants contained herein the
parties hereto Agree as follows:
1. As of January 1, 2001, Part 3 of the Lease, Rent, Taxes and Insurance,
is hereby amended to reflect, that the Base Rental for the Premises shall be
increased by $13,685.13 monthly such that Me total monthly Base Rental shall be
$82,110.80. The Base Rental for years 5 through 10 shall be increased by
$13,685.13 per month such that the total monthly Base Rental for years 5 through
10 shall be $86,216.33.
2. Part 7 of this Lease Agreement, "Option to Renew", shall be amended to
increase the Base Rental to $5.29 per square foot for the additional term,
3. Except as expressly modified hereby, all terms and conditions of the
Lease are ratified and shall remain in effect.
IN WITNESS WHEREOF, the above named Landlord and Tenant have executed this
and three (3) other original instruments of identical tenure and date on the
date and year set forth hereinabove.
LANDLORD: BROBEL GP
By: Xxxx Investco GP, its Managing Partner
By: URCO, Inc., Its Managing Partner
By: /s/ Xxxxx X. Xxxxx, Vice President
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Xxxxx X. Xxxxx, Vice President
By: /s/ Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx, Vice President
TENANT: XXXXXXX SPORTS INC.
By: /s/ Xxxx Xxxx
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Xxxx Xxxx, Chief Operating Officer
