EXHIBIT 10.4
FIRST AMENDMENT TO LEASE AGREEMENT BETWEEN AETNA LIFE INSURANCE
COMPANY, AS LANDLORD, AND LUMINEX CORPORATION, AS TENANT
To be attached to and form a part of Lease made the 19th day of
December, 2001 (which together with any amendments, modifications and
extensions thereof, is hereinafter called the Lease), between Landlord
and Tenant, covering a total of 98,158 square feet and located at
12109-12201, 12212, and 00000 Xxxxxxxxxx Xxxx., Xxxxxx, Xxxxx, known as
XxXxxx 3, 4 & 5.
1. This Addendum shall clarify and modify the Commencement dates as shown
under paragraph 2.A. of the Lease Agreement. The dates are restated
with the Base Rental rates remaining unchanged:
FOR THE CURRENT XXXXXX 3 PREMISES (18,330 SQUARE FEET)
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MONTHS BASE RENTAL RATE TOTAL MONTHLY RENT
PSF/MO.
-------------------------------------------- ---------------------- ----------------------------------
DATE HEREOF - JUNE 1, 2002 $0.80 ALREADY PAID
-------------------------------------------- ---------------------- ----------------------------------
JULY 1, 2002 - JULY 31, 2002 $0.00 $0.00
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AUGUST 1, 2002 - JUNE 30, 2003 $0.80 $14,664.00
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JULY 1, 2003 - APRIL 30, 2005 $0.85 $15,580.50
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FOR THE CURRENT XXXXXX 4 PREMISES (12,737 SQUARE FEET)
-------------------------------------------- ---------------------- ----------------------------------
MONTHS BASE RENTAL RATE TOTAL MONTHLY RENT
PSF/MO.
-------------------------------------------- ---------------------- ----------------------------------
DATE HEREOF - JUNE 30, 2002 $0.75 ALREADY PAID
-------------------------------------------- ---------------------- ----------------------------------
JULY 1, 2002 - JULY 31, 2002 $0.00 $0.00
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AUGUST 1, 2002 - DECEMBER 31, 2002 $0.80 $10,189.60
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JANUARY 1, 2003 - APRIL 30, 2005 $0.85 $10,826.45
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FOR THE XXXXXX 4 EXPANSION SPACE (22,713 SQUARE FEET)
-------------------------------------------- ---------------------- ----------------------------------
MONTHS BASE RENTAL RATE TOTAL MONTHLY RENT
PSF/MO.
-------------------------------------------- ---------------------- ----------------------------------
NOVEMBER 1, 2002 - NOVEMBER 30, 2002 $0.00 $0.00
-------------------------------------------- ---------------------- ----------------------------------
DECEMBER 1, 2002 - APRIL 30, 2005 $0.85 $19,306.05
-------------------------------------------- ---------------------- ----------------------------------
FOR THE CURRENT XXXXXX 5 PREMISES (20,112 SQUARE FEET)
-------------------------------------------- ---------------------- ----------------------------------
MONTHS BASE RENTAL RATE TOTAL MONTHLY RENT
PSF/MO.
-------------------------------------------- ---------------------- ----------------------------------
DATE HEREOF - JUNE 30, 2002 $0.75 ALREADY PAID
-------------------------------------------- ---------------------- ----------------------------------
JULY 1, 2002 - JULY 30, 2002 $0.00 $0.00
-------------------------------------------- ---------------------- ----------------------------------
AUGUST 1, 2002 - DECEMBER 31, 2002 $0.75 $15,091.50
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JANUARY 1, 2003 - APRIL 30, 2005 $0.85 $17,103.70
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FOR THE XXXXXX 5 EXPANSION SPACE (24,256 SQUARE FEET)
-------------------------------------------- ---------------------- ----------------------------------
MONTHS BASE RENTAL RATE TOTAL MONTHLY RENT
PSF/MO.
-------------------------------------------- ---------------------- ----------------------------------
AUGUST 1, 2002 - OCTOBER 31, 2002 $0.00 $0.00
-------------------------------------------- ---------------------- ----------------------------------
NOVEMBER 1, 2002 - APRIL 30, 2005 $.85 $20,617.60
-------------------------------------------- ---------------------- ----------------------------------
FOR ALL OF THE PREMISES BEGINNING MAY 1, 2005 (98,156 SQUARE FEET)
-------------------------------------------- ---------------------- ----------------------------------
MONTHS BASE RENTAL RATE TOTAL MONTHLY RENT
PSF/MO.
-------------------------------------------- ---------------------- ----------------------------------
MAY 1, 2005 - APRIL 30, 2007 $0.89 $87,360.62
-------------------------------------------- ---------------------- ----------------------------------
MAY 1, 2007 - APRIL 30, 2009 $0.92 $90,305.36
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MAY 1, 2009 - APRIL 30, 2010 $0.96 $94,231.68
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These amounts shall be in addition to Tenant's proportionate share of common
area maintenance, property taxes, management fees, and insurance as currently
provided in the Lease.
All other terms and conditions of the Lease shall remain in full effect.
Except as herein and hereby modified and amended the Agreement of Lease
shall remain in full force and effect and all the terms, provisions, covenants
and conditions thereof are hereby ratified and confirmed.
DATED AS OF THE 25 DAY OF July, 2002.
WITNESS: AETNA LIFE INSURANCE COMPANY, A CONNECTICUT CORPORATION:
By: UBS Realty Investors, LLC, a Massachusetts limited
liability company, its Investment Advisor and Agent:
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
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Title: Director
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WITNESS: LUMINEX CORPORATION:
/s/ Xxxx Xxxxxxxx
By: Xxxx Xxxxxxxx
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Title: President & CEO
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EXHIBIT "A"
BUILDING: XxXxxx #3
LEGAL DESCRIPTION: Xxx 0, XxXxxx Xxxx Commercial Subdivision,
Section 2, acres 4.7429
ADDRESS: 00000 Xxxxxxxxxx Xxxx., Xxxxx 000 & 000
Xxxxxx, Xxxxx 00000
[Diagram inserted.]
EXHIBIT "A-2"
BUILDING: XxXxxx #4
LEGAL DESCRIPTION: Xxx 00, XxXxxx Xxxx Commercial Division
Section 2
ADDRESS: 00000 Xxxxxxxxxx Xxxx.
Xxxxxx, Xxxxx 00000
[Diagram inserted.]
EXHIBIT "A-3"
XxXxxx #5
44,378 SF
[Diagram inserted.]
