EXHIBIT 10.15.3
XXXXXXXX PROPERTIES MANAGEMENT, INC.
STANDARD FORM 796483-DAC-A
AMENDMENT TO LEASE# 3
In connection with a lease currently in effect between the parties at 000
Xxxxxx Xxxx, Xxxxx 000 Xxxxxx, Xxxxxxxxxxxxx, executed on January 24, 1996 and
terminating February 28, 2001 and in consideration of the mutual benefits to
be derived herefrom, Xxxxxxxx Properties Management, Inc., LESSOR, and Boston
Communications Group, Inc. f/k/a Radio Telephone Systems, Inc., LESSEE, hereby
agree to amend said lease as follows:
1. The size of the leased premises is hereby increased to a new total of
approximately 35,389 square feet (including 3.25% common area), with the
addition of 000 Xxxxxx Xxxx, Xxxxx 000 and a portion of the west annex shown
on the attached plan.
2. *The Security Deposit is hereby increased by $9,000.00 from $61,000.00 to a
new total of $70,000.00. LESSEE shall pay said increase upon LESSEE's
execution of this amendment.
3. LESSOR, at an expense incorporated entirely into the base rent and at no
further cost to LESSEE, shall in Suite 550 (only) construct LESSOR's
standard office space according to a mutually agreed upon plan attached
hereto before or about March 1, 1997. Nothwithstanding the completion date
for said construction, the increased rent provided below will commence as
of February 1, 1997.
4. *LESSOR or LESSEE hereby waive any and all rights to a jury trial in any
summary process or
5. LESSEE hereby warrants and represents that it has changed its name to
Boston Communications Group, Inc.
All other terms, conditions and covenants of the present lease shall continue to
apply except that adjusted base rent shall be increased by $53,747.52 annually,
from a total of $375,325.28 to a new annual total of $429,072.80 or $35,756.07
per month. Annual base rent for purposes of computing any future escalations
thereon shall be $418,607.60. This amendment shall be effective February 1,
1997 and shall continue through the balance of the lease and any extensions
therefo unless further modified by written amendments.
In Witness Whereof, LESSOR and LESSEE have hereunto set their hands and common
seals this 5/th/ day of February, 1997.
LESSOR: LESSEE:
XXXXXXXX PROPERTIES MANAGEMENT, INC. RADIO TELEPIIONE SYSTEMS, INC
By: s/X.X. Xxxxxxxx By: s/Xxxxxx X. Xxxxxxxx
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President Xxxxxx Xxxxxxxx