EXHIBIT 10.21
AMENDMENT NO. 1
TO LEASE DATED MAY 10, 1994, BY AND BETWEEN
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY, AS LANDLORD
AND FIELDWORKS, INC. (A MINNESOTA CORPORATION), AS TENANT
THIS AMENDMENT NO. 1, made this 22nd day of May, 1996, by and between The
Northwestern Mutual Life Insurance Company (hereinafter called "Landlord") and
Fieldworks, Inc. (a Minnesota corporation), (hereinafter called "Tenant").
WITNESSETH:
WHEREAS, Landlord and Tenant entered into a certain lease agreement, dated
May 10, 1994 (hereinafter called the "Lease"), under which Landlord demised to
Tenant the Demised Premises commonly known as Oak Park Business Center, 9947-
0000 Xxxxxx Xxxx Xxxx, Xxxx Xxxxxxx, Xxxxxxxxx; and
WHEREAS, Landlord and Tenant desire to set forth their agreement concerning
certain Agreements to the Lease, including the expansion of the Premises and to
establish the rents payable thereunder during the remaining Lease Term; and
WHEREAS, it is intended by this Agreement to amend said Lease;
NOW THEREFORE, in consideration of the Demised Premises, and of the
covenants and agreements herein undertaken to be kept and performed, it is
agreed as follows:
1. Expansion of Premises: Effective as of November 1, 1996, through and
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including June 30, 1999, the Premises shall be expanded to incorporate that
certain portion of the building that consists of 12,153 square feet (the
"Expansion Premises") as shown on the attached Exhibit A1, and thereafter the
Premises shall be deemed to contain 24,539 square feet.
2. Base Rent: Effective as of November 1, 1996, Tenant shall pay to
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Landlord on the first day of each month, Base Rent under the following schedule:
Monthly Total Base
Period Base Rent Rent for Period
------ ---------- ---------------
November 1, 1996, through and
including October 31, 1997 $12,854.00 $154,248.00
November 1, 1997, through and
including October 31, 1998 $13,360.00 $160,320.00
November 1, 1998, through and
including June 30, 1999 $13,867.00 $110,936.00
3. Additional Rent: Effective November 1, 1996, through and including June
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30, 1999, Tenant's percentage defined in Article 3 of the Lease of Real Estate
Taxes and Operating Expenses shall be increased from 30.49% to 60.40%.
Except as herein specifically amended, as other terms, and covenants, and
conditions of the Lease shall remain in full force and effect, and the same are
hereby ratified and confirmed.
TENANT: LANDLORD:
Fieldworks, Inc. The Northwestern Mutual Life Insurance
(A Minnesota Corporation) Company
/s/ Xxxx X. Xxxxxx /s/ Xxxxxxx Xxxxx
Its: President and CEO Its: Senior Real Estate Officer
Exhibit A1
Floor Plan
