Exhibit 10.2.2.c
FOURTH ADDENDUM TO LEASE
------------------------
This Fourth Addendum to Lease is made and entered into as of this 16th day
of April , 1996, by and between XXXX X. XXXXXXXXXX III, hereinafter referred
to as "Lessor" and TELXON CORPORATION, hereinafter referred to as "Lessee".
Reference is made to that certain "Standard Office Lease (Modified Net
Lease)" dated July 19, 1995, which, together with the Attachments, Exhibits,
Addendum to Lease, Second Addendum to Lease dated October 5, 1995, and Third
Addendum to Lease dated March 1, 1996 are hereinafter collectively referred
to as the "Lease". In the event of a conflict between the terms of the Lease
and the terms of this Addendum, the terms of this Addendum shall control.
This Fourth Addendum is made necessary because Lessee is leasing additional
space in the Waterford building. It is accordingly agreed to by and between
the parties as follows:
1. Lessee is leasing 2,706 rentable square feet located on the first
floor of the Waterford building. Said space, shown on the attached
floor plan, shall be known as 0000 Xxxxxxx Xxxxxxx, Xxxxx 000, Xxxx
Xxxxxxxx, Xxxx 00000. Lessee's total space in the Waterford building
is therefore increased from 53,462 rentable square feet to 56,168
rentable square feet.
2. The term for this additional space shall be for a period of four (4)
years and eleven (11) months, commencing on April 1, 1996 and expiring
on February 28, 2001.
3. The Annual Base Rent for this additional space shall be $41,943.00 per
year, with the monthly payment being $3,495.25. Lessee's total Annual
Base Rent shall be $941,040.12 per year, with the total monthly
payment being $78,420.01.
4. Lessee's Share, per Section 4(e) of the Lease, shall be increased from
57.5% to 60.4%.
5. Lessee shall be responsible for any tenant [sic] improvements to the
attached floor plan.
6. All other terms and conditions of Lease will remain in effect.
IN WITNESS WHEREOF, the parties have set their hands on the dates
hereinafter noted.
Signed and acknowledged LESSOR:
in the presence of:
/s/ Xxxxx X. Xxxxxxx /s/ Xxxx X. Xxxxxxxxxx III
---------------------------- ----------------------------------
Xxxx X. Xxxxxxxxxx III
/s/ Xxxxxx Xxxxxxx (Executed this 16th day of
---------------------------- April, 1996)
Signed and acknowledged LESSEE:
in the presence of:
TELXON CORPORATION
/s/ Xxxxx Xxxxxxx /s/ Xxxxxx X. Xxxxxxx
---------------------------- ----------------------------------
Title Director, Corporate Services
/s/ Xxxxxx X. Xxxxxx
---------------------------- (Executed this 2nd day of
April, 1996)
