Exhibit 10.30
THIRD AMENDMENT TO SUBLEASE AGREEMENT
THIS THIRD AMENDMENT is made and entered into this 11Th day of February 1998 by
and between Ancor Communications, Inc., formerly known as Xxxxxxxx Xxxxxxxxx
("Sublessee") and Xxxxxx Xxxxxxxxxxx, formerly known as Xxxxxxxxx Corporation
("Sublessor").
WHEREAS, by Sublease Agreement dated March 29, 1988, as amended by Sublease
Amendment Agreement dated March 8, 1989 and Sublease Amendment Agreement dated
August 31, 1992 (collectively, the "Sublease"), Sublessee sublet from Sublessor
certain premises consisting of a building of approximately twenty-seven thousand
five hundred sixty (27,560) square feet of rentable space located at 0000 Xxxx
Xxxxxx Xxxxx, Xxxxxxxxxx, Xxxxxxxxx 00000 and
WHEREAS, Sublessor and Sublessee desire to extend the term of the Sublease on
the terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the covenants, agreements stipulations and
provisions contained herein, to be performed by Sublessor and Sublessee, the
parties do hereby agree as follows:
1. The term of the Sublease is hereby renewed and extended for a
further term of twelve (12) months beginning May 1, 1998 and
expiring April 30, 1999 (the "Renewal Term").
2. The monthly rental for the Renewal Term shall be Seventeen Thousand
Two Hundred Twenty-Five and No/100 Dollars ($17,225.00).
3. Except as modified herein, the Sublease shall remain unchanged and
in full force and effect and the parties hereby ratify and confirm
all the terms and conditions thereof.
IN WITNESS WHEREOF, the parties hereto have executed this Third Amendment to
Sublease Agreement as of the day and year first above written.
SUBLESSEE:
ANCOR COMMUNICATIONS, INC.
By: /S/XXXXXX X. XXXXXX
Its: CFO
SUBLESSOR:
XXXXXX XXXXXXXXXXX
By: /S/ XXXXXXX X. L'ECUYER
Corporate Director
Real Estate Operations