EXHIBIT 10.10.3
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ADDENDUM TO LEASE AGREEMENT
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February 1, 1999
Whereas: Sedona - GeoServices, Inc. ("Tenant") entered into a Lease Agreement
with Xxxxx Road Associates, a Pennsylvania Partnership, ("Landlord"),
dated July 1st, 1996.
Whereas: The existing Lease Agreement comprises 2,793 square feet on the
Northwest corner of the second floor and 3,734 square feet on the
Southwest corner of the second floor and 5,091 square feet on the
Southeast corner of the second floor.
Whereas: The Tenant is desirous of continuing the lease for the additional
office space in the building on the Southeast corner of the second
floor comprising of 583 square feet for an additional ninety (90)
days.
Whereas: The rent for the additional space shall be $15.00 per square foot and
this agreement shall run for the period 2/l/99 - 4/30/99. After
three(3) months, Tenant will have the option to take the entire space
or continue the lease for an additional four(4) months. At that time
the lease expiration will coincide with the original lease agreement
expiration dates. When multiplied by the square feet of space will
yield a monthly rental rate of $729.00.
Therefore: Intending to be legally bound, Tenant and Landlord agree to the above
terms and conditions. All rights contained in the Original Lease
Agreement will apply to this Addendum and its related space.
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Xxxxxxx X. Xxxxxxxxxx- Xxxxx Xxxxxxxxx-President
Xxxxx Road Associates Sedona GeoServices
