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EXHIBIT 10.22
FIRST AMENDMENT TO LEASE
This First Amendment to Lease is made as of the 25th day of January, 1999 by
and between Xxxxxxx X. XxXxxxxx, Xxxx Xxx Xxxxxxx (successor-in-interest to
Xxxxxx X. Xxxxxxx), Xxxxxxx X. Xxxx, and XxXxxxxx, LTD., a Washington limited
partnership ("Landlord") and Ocular Sciences, Inc., successor-in-interest to
O.S.I. Corporation ("Tenant").
RECITALS
1. WHEREAS, Landlord and Tenant are the parties to a Lease dated May 18,
1995, by which Landlord let to Tenant the Premises located at 000 Xxxxxx
Xxxxxx, Xxxxx Xxx Xxxxxxxxx, Xxxxxxxxxx, outlined on Exhibit B of the
Lease.
2. WHEREAS, parties desire to amend the Lease effective April 1, 1999 on the
terms and conditions set forth below:
AGREEMENT
NOW, THEREFORE, IN CONSIDERATION of the mutual covenants and agreements herein
contained and other good and valuable consideration the receipt and sufficiency
of which are hereby acknowledged, Landlord and Tenant agree as follows:
1. The Premises shall be increased 31,941 square feet ("Additional Space")
for a total of 152,145 square feet as shown on Exhibit A attached hereto.
2. Tenant's Proportionate share shall be increased to 100%.
3. The Base Rent amount on the Renal Schedule shall be amended as follows:
Year 4 $80,673.84/month
Year 5 $83,260.98/month
Year 6 $85,848.12/month
Year 7 $88,437.79/month
4. Tenant accepts the Additional Space in an "as is" condition, with the
Landlord providing no tenant improvements.
5. Except as herein modified or amended, the provisions, conditions, and
terms of the Lease shall remain unchanged and in full force and effect.
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IN WITNESS WHEREOF, Landlord and Tenant have duly executed this Amendment as of
the day and year first written above.
LANDLORD:
Xxxxxxx X. XxXxxxxx Xxxxxxx X. Xxxx
/s/ XXXXXXX X. XXXXXXXX /s/ XXXXXXX X. XXXX
NAME: Xxxxxxx X. XxXxxxxx NAME: Xxxxxxx X. Xxxx
TITLE: TITLE: Partner
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DATE: DATE: 2-5-99
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Xxxx Xxx Xxxxxxx McDonald, LTD
/s/ XXXX XXX XXXXXXX /s/ XXXXXXX X. XXXXXXXX
NAME: Xxxx Xxx Xxxxxxx NAME: Xxxxxxx X. XxXxxxxx
TITLE: Trustee TITLE:
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DATE: DATE:
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TENANT:
Ocular Sciences, Inc.
/s/ XXXXXXX X. XXXXXXXXXX
NAME: Xxxxxxx X. Xxxxxxxxxx
TITLE: Vice President, CFO
DATE: 1-28-99
