EXHIBIT 10.9.1
FIRST AMENDMENT OF
STANDARD INDUSTRIAL/COMMERCIAL
SINGLE-TENANT LEASE - NET
This First Amendment of Standard Industrial/Commercial Single-Tenant
Lease-Net is made on May 6, 2002, between MOORPARK VENTURE L.P., a
California limited partnership ("Landlord"), whose address is 000 Xxxx
Xxxxxxx Xxxxxx, Xx Xxxxx, XX 00000, and SMTEK, INC., a California
corporation ("Tenant"), whose address is 000 Xxxxxxx Xxxxx, Xxxxxxxx, XX
00000, who agree as follows:
1) Recitals. This amendment of lease is made with reference to the
following facts and objectives:
a) Lender and Tenant entered into a written lease dated July 20, 2001
("the lease"), in which Tenant leased from Landlord s 115,538 sq.
ft. building located at 000 Xxxxxxx Xxxxx, Xxxxxxxx, XX 00000.
b) he parties desire to amend the lease in several respects:
2) Commencement Xxxx. The Commencement Date of the Lease, as described
in section 3.2 of the Addendum to Lease, is amended to March 13, 2002.
3) Expiration Date. As described in section 3.3 of the Addendum to
Lease, the Expiration Date of the Lease, is amended to March 31, 2012.
4) Tenant Improvement Allowance Amortization. The monthly Allowance
Amortization Charge described in section 1.3 of the Addendum to Lease
is hereby increased from $4,133.00 to $7,613.21.
5) Effectiveness of lease. Except as set forth in this amendment of
lease, all the provisions of the Lease shall remain unchanged in full
force and effect.
LANDLORD: TENANT:
MOORPARK VENTURE L.P., SMTEK, INC.
a California limited partnership a California corporation
By Managing GP Inc, a California
corporation, Its General Partner
By: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxxxxx Xxxxxxxx
------------------------- ----------------------
Xxxxxxx X. Xxxxxx, Xxxxxxxx Xxxxxxxx,
President Secretary
EXHIBIT "A" BASE
RENT SCHEDULE
Year l $118,482.00
Year 2 $122,036.00
Year 3 $125,697.00
Year 4 $129,468.00
Year 5 $133,352.00
Year 6 $137,353.00
Year 7 $141,474.00
Year 8 $145,718.00
Year 9 $150,090.00
Year 10 $154,593.00
