EXHIBIT 10.1.1
ADDENDUM TO LEASE
March 25, 1999
Further terms and conditions to that certain lease dated May 1, 1994 by and
between Whispering Pines Associates II, Landlord and Carlton International
Corporation through its ImMIX Division (subsequently assigned to Scitex IM
Acquisition Corp.), Tenant.
The parties further agree as follows:
Section 1.03 Tenant: shall be amended to read Accom, Inc. a Delaware
corporation.
Section 1.04 Property shall be amended to read 000 Xxxxx Xxxxx Xxxxxx, Xxxxxx
000, 150, 000 & 000 xxx X, Xxxxx Xxxxxx, XX 00000 consisting of 14,635 square
feet on the upper and lower level.
Section 1.05 Lease Term shall be amended to read five (5) years zero (0) months
beginning on May 1, 1999 and ending on April 30, 2004.
Section 1.10 Initial Security Deposit shall be amended to read $13,317.85.
Section 1.11 Vehicle Parking Spaces Allocated to Tenant shall be amended to read
58.
Section 1.12 Rent and Other Charges Payable by Tenant shall be amended as
follows:
(a) Base Rent: Thirteen thousand three hundred seventeen and 85/100
($13,317.85) for months 1-12, Thirteen thousand seven hundred fifty-six and
90/100 ($13,756.90) for months 13-48, Fourteen thousand three hundred forty-two
and 30/100 ($14,342.30) for months 49-60.
(b) Other Periodic Payments shall be amended to read 62.62%.
Section 1.14 Riders shall be amended to read Exhibits A (two parts), addendum
paragraphs 15-27 and this addendum to lease dated March 25, 1999.
Landlord agrees to make the following improvements to the property:
a) Recarpet upstairs corridor, suites 100, 125 & 175 and G
b) Clean carpet in all other areas
c) Replace VCT bathroom floors in suite G
d) Replace carpet with VCT in front portion of suite G
e) Remodel bathroom into kitchen in front portion of suite G
f) Remodel office into shower in front portion of suite G
g) Repaint / touch-up walls throughout
h) Replace all damaged ceiling tiles
Addendum to Lease
March 25, 1999
Page 2
i) Relamp light fixtures so that bulb type is consistent in each area
j) Upgrade lighting in upstairs corridor
k) Install stainless steel panels behind upstairs restroom trash receptacles
l) Replace toilet seats as needed m) Clean and seal entry decks
Tenant shall be relieved from its current lease obligations (prior to April 30,
1999) for the space that Tenant will be vacating when and if the space is leased
to new tenants.
Landlord shall use its best efforts to make space available in the building as
required for tenant's future expansion.
All other terms and conditions of the herein mentioned lease are incorporated by
reference.
Landlord: Tenant:
Whispering Pines Associates II Accom, Inc.
By: /s/ XXX XXXXXXX By: /s/ XXXXXX X. XXXXXXXX
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Date: April 5, 1999 Date: April 1, 1999
By: /s/ G. XXXX XXXX
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Date: April 20, 1999
