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Exhibit 10.49
July 26, 2000
ADDENDUM NO. 5 TO LEASE AGREEMENT BETWEEN
INDUSTRIAL PROPERTIES OF THE SOUTH AS LESSOR
AND VERILINK CORPORATION (AS SUCCESSOR TO TXPORT, INC.) AS
LESSEE DATED JUNE, 1993 AND EFFECTIVE SEPTEMBER 22, 1993 AND
HEREIN AFTER REFERRED TO AS THE MASTER LEASE
At Lessee's request, this Addendum No. 5 is executed to this date, July 26, 2000
by Lessor and Lessee for the purpose stated within:
A. Location: Airport Office Center, 0000 Xxxxxxx Xxxxxxxxx, Xxxxxxx, XX
00000
First floor office space: Approximately 10,226 s.f.
Third floor office space: Approximately 19,800 s.f.
B. Term: Starting December 31, 2000 for a two month period
through February 28, 2001.
C. Rate: Rent for this time period will remain the same rate,
First Floor: $8.98 per s.f. per year x 10,226 s.f. =
$91,829.48 (annual) divided by 12 - $7,652.46 (per month).
Third Floor: $9.48 per s.f. per year x 19.800 s.f. =
$187,704.00 (annual) divided by 12 = $15,642.00 (per month).
All other terms and conditions of the Master Lease remain the same.
VERILINK CORPORATION LESSOR
/s/ X. X. Xxxxx /s/ Xxxxxxxx X. Xxxxxx
-------------------------------------- -----------------------------------
VP & Corporate Controller
8/10/00 8-17-2000
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Date Date
Prepared by:
Industrial Properties of the South
0000 Xxxx Xxxxxx Xxx., Xxxxx 0
Xxxxxxxxxx, XX 00000
