FIRST AMENDMENT TO LEASE DATED MARCH 15, 2010 BETWEEN THE BLOOM ORGANIZATION OF SOUTH JERSEY, LLC (LANDLORD) AND TELVUE CORPORATION (TENANT)
EXHIBIT 10.2
FIRST AMENDMENT TO LEASE
DATED MARCH 15, 2010
BETWEEN
THE BLOOM ORGANIZATION OF SOUTH JERSEY, LLC (LANDLORD)
AND
TELVUE CORPORATION (TENANT)
PURSUANT to a Lease dated March 1, 2010 for 8,732 square feet of space known as 00000 Xxxxxxx Xxx, Xxxxx 000, Xxxxx Xxxxxx, Xxx Xxxxxx; between the aforementioned parties, the following changes shall be made:
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1. |
PREMISE: |
00000 Xxxxxxx Xxx, Xxxxx 000 |
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Xxxxx Xxxxxx, Xxx Xxxxxx |
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2. |
SIZE: |
8,732 square feet |
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3. |
OPERATING |
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EXPENSE |
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ALLOCATION: |
The 2009 base year Operating Expense Allocation |
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in Article 5 of the Lease titled “Additional Rent” is |
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$2,795 per month; $3.84 per square foot. |
All other terms and conditions of the original Lease will remain in full force and effect.
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THE BLOOM ORGANIZATION |
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OF SOUTH JERSEY, LLC, (Landlord) |
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By: |
/s/ Xxxxx Xxxxxx |
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Xxxxx Xxxxxx, President |
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TELVUE CORPORATION, (Tenant) |
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By: |
/s/ Xxxxx Xxxxxx |
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Name: |
Xxxxx Xxxxxx |
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Title: |
President & CEO |
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