EXHIBIT 10.02
LEASE ADDENDUM
THIS LEASE ADDENDUM, is made this 10th day of April, 1990, between
XXXXX 00XX XXXXXX ASSOCIATES, a New Jersey partnership, having an office at 000
Xxxxx Xxxxx, X.X. Xxx 0000, Xxxxxxxx, Xxx Xxxxxx 00000 (hereinafter referred to
as "Landlord") and G & G SHOPS OF WOODBRIDGE, INC., a New Jersey corporation
having an office at 0000 Xxxxxxxx Xxxxxx, Xxxxx Xxxxxx, Xxx Xxxxxx (hereinafter
referred to as ("Tenant").
WITNESSETH:
WHEREAS, by Agreement of Lease dated November 28, 1988, (the
"Lease") Landlord leased to Tenant and Tenant hired from Landlord 164,840 total
square feet located at 0000 Xxxxxxxx Xxxxxx in North Bergen, New Jersey
(hereinafter the "Demised Premises"); and
WHEREAS, Landlord wishes to grant and Tenant wishes to receive a
revocable license to use a certain area of land owned by Landlord.
NOW, THEREFORE, for and in consideration of the Lease, the mutual
covenants herein contained and the consideration set forth herein, the parties
agree as follows:
1. Tenant shall have the right to use the area outlined in red on
Exhibit "A" attached hereto and made a part hereof. Tenant shall be permitted,
at its sole cost and expense, to erect a fence and gate in the outlined area.
Tenant shall, at its own cost and expense obtain any consents, approvals and
permits necessary to effect such construction and shall comply with Legal
Requirements.
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2. Upon thirty (30) days' notice from Landlord, Tenant shall remove
the fence and gate and shall permit access over and through the outlined area.
3. Tenant shall maintain the same insurance coverage required to be
maintained by Tenant pursuant to Article 13 of the Lease on the outlined area
and Tenant's use thereof.
4. Words capitalized herein shall have the meanings ascribed to them
in the Lease.
5. Except as provided herein, all of the terms and conditions of the
Lease dated November 28, 1988 as amended above are in full force and effect and
are confirmed as if fully set forth herein.
IN WITNESS WHEREOF, the parties hereto have caused this Lease
Modification Agreement to be duly executed as of the day and year first above
written.
ATTEST: XXXXX 00XX XXXXXX ASSOCIATES
("Landlord")
BY: XXXXX MOUNTAIN INDUSTRIES, INC.
("General Partner")
/s/ Xxxxxx X. Terr BY: /s/ Xxxxx X. Xxxxxxxx
------------------------- ----------------------------------
Xxxxxx X. Terr Xxxxx X. Xxxxxxxx
Ass't Secretary Vice President
ATTEST: G & G SHOPS OF WOODBRIDGE, INC.
("Tenant")
/s/ Xxxxxxx XxXxxxx BY: /s/ Xxxxx X. Xxxxx
------------------------- --------------------------------------
Xxxxxxx XxXxxxx Name: Xxxxx X. Xxxxx
Ass't Secretary Title: Sr. Vice President
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Exhibit "A"
Graphic of Land Granted
to Tenant by a Revocable Lease
