EXHIBIT 10.06
ZANZI REALTY, LLC
EASTGATE CORPORATE PARK
0 XXXXXX XXXXX, XXXXX 0
XXXXXX, XX 00000
April 12, 2005
Xxxxxxx Xxxxxx, President
The RAL Supply Group, Inc.
00 Xxxxxxx Xxxx
Xxxxxxxxxx, XX 00000
Re: Modification of Lease
(the "Second Modification of Lease
Agreement")
Zanzi Realty, LLC, as Landlord, with
RAL Purchasing Corp., as Assignee of
RAL Supply Group, Inc. f/k/a RAL
Purchasing Corp., as Tenant
Premises located at 0000 Xxxxx 0
Xxxx xx Xxxxxxxx, Xxxxxxxx Xxxxxx, XX
(the "Fishkill Store")
Lease dated September 1, 1998
(the "Lease Agreement")
Modification of Lease dated
September 30, 2003
(the "First Modification of Lease
Agreement")
Dear Xx. Xxxxxx:
With regard to the above lease, it is understood that the Lease Agreement
as amended by the First Modification of Lease is hereby further modified and
amended as follows:
1. Leased Premises
---------------
Landlord hereby leases to Tenant the additional premises more
particularly described in Schedule "A" annexed hereto and made a part
hereof (hereinafter called "Lease Premises") that Building "A"
Section II comprising an additional 2,835 square feet of showroom
space for a total square foot of 11,504 square feet of showroom,
counter service space and warehouse space.
2. Commencement of Term of Additional Leased Premises
--------------------------------------------------
Section 1.2 is hereby amended to provide that the commencement for
payment of rent for the additional leased premises is April 6, 2005
and each and every month thereafter throughout the term of the Lease
and any extension and renewals thereof.
3. Covenant to Pay Rent
--------------------
Section 5 is hereby amended to provide that the Tenant shall pay
Additional Annual Fixed Rental for the additional premises leased
referred to above in Paragraph 1 in the sum of an additional $37,620
per year payable in equal monthly installments in addition to the
existing Additional Annual Fixed Rental as set forth in Section 1.5 of
the Lease as adjusted pursuant to Schedule "B" attached to the Lease.
Except as otherwise provided herein at the terms and conditions of the Lease as
modified by the First Amendment to Lease Agreement shall remain in full force
and effect.
If this comports with your understanding, kindly sign below.
Sincerely, Agreed and Accepted:
Zanzi Realty, LLC The RAL Supply Group, Inc. f/k/a
RAL Purchasing Corp.
By: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxxxxx Xxxxxx
---------------------------- --------------------------------
Xxxxx X. Xxxxxx, President Xxxxxxx Xxxxxx, President
ZANZI REALTY LLC
TO
THE RAL SUPPLY GROUP, INC.
SCHEDULE "A"
LEASED PREMISES
---------------
Building "A" Section II comprised of 5,006 square feet of showroom and counter
space and approximately 3,660 square feet of warehouse space and an additional
2,838 square feet of additional showroom space.