STATE OF NORTH CAROLINA MODIFICATION AND EXTENSION
OF LEASE
COUNTY OF MECKLENBURG
THIS MODIFICATION AND EXTENSION OF LEASE made this 17 day of October,
1994, by and between X.X. Xxxxx (LANDLORD), and Xxxxxxxx Industries, Inc.
(TENANT):
WITNESSETH
The parties hereto do hereby ratify and affirm the provisions of that
LEASE AGREEMENT, dated May 10, 1993, by and between the parties for the
premises known as 0000 Xxxxxxxxx Xxxx, and the MODIFICATION AND EXTENSION
OF LEASE through January 31, 1995, which are hereby fully incorporated herein
except for the following:
1. The parties extend this LEASE AGREEMENT for an additional six (6)
months beginning February 1, 1995 and ending July 31, 1995.
2. During this extension, Tenant shall pay to Landlord rental of
$34,375.02 in six (6) monthly installments of $5,729.17 each.
3. Landlord will be able to take possession of the premises on or
before August 1, 1995. From the date of this Modification and Extension
through July 31, 1995, Landlord may place signs on the property for sale
or lease and Landlord may show the premises to prospective purchasers or
tenants during all reasonable hours upon reasonable notice to Tenant.
4. Upon departure from the premises Tenant will clean all warehouse
floors and leave them free of grease, oil, dirt and other foreign material
and Tenant will clean all carpeting in the offices.
IN WITNESS WHEREOF, this Modification and Extension of Lease has been
duly executed by the Landlord and Tenant as of the day and year first above
written.
LESSOR: X.X. XXXXX
By: [signature]
LESSEE: XXXXXXXX INDUSTRIES, INC.
By: Xxxxx Xxxxx
VP FINANCE