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EXHIBIT 10.13
FIRST AMENDMENT OF LEASE
This First Amendment of Lease is made as of this 11th day of May, 1998,
by and between 000 Xxxxxxx Xxxxxx, LLC (hereinafter referred to as "Landlord"),
and Linkon Corporation (hereinafter referred to as "Tenant").
In consideration of the mutual benefits and obligations set forth
herein, the parties hereby amend a certain lease between Landlord and Tenant
dated June 17, 1997, for the lease of space in Landlord's building at 000
Xxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxx (the June 17, 1997 lease as amended,
hereinafter referred to collectively as the "Lease"), in the following manner:
A. Paragraph 1.1(b) of the Lease is deleted and is replaced with the
following:
"1.02 The Leased Premises is located on the second floor in
Landlord's building at 000 Xxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxxxx. For
the period of time from the Initial Commencement Date until May 31,
1998, the Leased Premises is defined by the floor area outline attached
to the Lease as Exhibit A. For the period of time from June 1, 1998
until the end of the Initial Term, the Leased Premises is further
defined by the floor area outline attached hereto as Exhibit A, Sheet
1."
B. Paragraph 1.1(c) of the Lease is deleted and is replaced with the
following:
"1.1 (c) The Tenant's Leased Premises Square Footage
fluctuates over the Term of the Lease, and the following square
footages represent the Tenant's Leased Premises Square Footage for the
various periods during the Term of the Lease:
[i] 5,704 square feet, for the period from September 1, 1997 until May
31, 1998; and
[ii] 6,951 square feet from June 1, 1998 until the end of the Initial
Term of the Lease."
C. Paragraph 1.1(e) of the Lease is deleted and is replaced with the
following:
"1.1(e) The "Initial Term" is the period beginning with the
Initial Commencement Date and ending at the end of the 24th full
calendar month from and after the Initial Commencement Date."
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D. Paragraph 1.1(g) of the Lease is deleted and is replaced with the
following:
"1.1(g) The "Base Rent" for the Initial Term is:
Period Monthly Installments
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9/1/97 to 5/31/98 $5,228.67
6/1/98 to the end of the Initial Term $6,371.75
E. Landlord, at its expense, will construct an opening in a wall to
connect the additional space that is being added to Tenant's Leased Premises by
this First Amendment of Lease and the Leased Premises originally leased by
Tenant.
F. Reference to Exhibit A in the Lease means the Exhibit A attached to
the June 17, 1997 lease. "Exhibit A, Sheet 1" is a separate exhibit from Exhibit
A, is added to the Lease and incorporated into it as a new exhibit, and is
attached to the First Amendment of Lease.
In the event of any conflict between this First Amendment of Lease and
the June 17, 1997 lease, this First Amendment of Lease shall control, the Lease
being hereby ratified and to remain in full force and effect in all other
respects.
IN WITNESS WHEREOF, the parties have hereunto set their hands and seals as of
the day and year first above written.
Linkon Corporation
By: /s/Xxxxxx X. Xxxxxxxx
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Xxxxxx X. Xxxxxxxx
its duly authorized Vice President
000 Xxxxxxx Xxxxxx, LLC
By: /s/Xxxxxx X. Xxxxxx
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Xxxxxx X. Xxxxxx
its duly authorized member
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State of Connecticut
ss Town of Fairfield
County of Fairfield
Personally appeared Xxxxxx X. Xxxxxxxx, signer and sealer of the
foregoing instrument and duly authorized Vice President of Linkon Corporation,
who acknowledged the same to be his free act and deed and duly authorized free
act and deed of Linkon Corporation, before me, this 8th day of May, 1998.
/s/ Xxxxxxxx X. Xxxxxxx
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Commissioner of the Superior Court/
Notary Public
State of Connecticut
ss City of Xxxxxxx
County of Fairfield
Personally appeared Xxxxxx X. Xxxxxx, signer and sealer of the
foregoing instrument and duly authorized member of 000 Xxxxxxx Xxxxxx, XXX, who
acknowledged his execution to be his free act and deed and duly authorized free
act and deed of 140 Xxxxxxx Street, LLC, before me, this 12th day of May, 1998.
/s/ Xxxxxxx X. Xxxxxx
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Notary Public
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