Exhibit 10.1
FOURTH AMENDMENT TO LEASE
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This Fourth Amendment to Lease ("Amendment") is made as of March 19, 2001,
by and between XXXXXXX X. XXXX, as Trustee of XXX-XXXXXX AND XXX XXX XXXX TRUST
I, hereinafter referred to as "Lessor," and XXXXXX PHARMACEUTICALS, INC., a
Nevada corporation, successor in interest to Xxxxxx Laboratories, Inc.,
hereinafter referred to as "Lessee."
Recitals:
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A. Lessor and Lessee have previously entered into a certain Lease dated
December 23, 1985, as amended by an Addendum, and Addendum #2 dated
August 11, 1992, a Second Amendment to Lease dated August 8, 1995, and
a Third Amendment to Lease dated August 31, 1998 (collectively, the
"Lease"), providing for the lease of that certain improved real
property, hereinafter referred to as the "Premises," in the City of
Corona, County of Riverside, State of California, commonly known as 000
Xxxxxxxx Xxxxxx Xxxxx, Xxxxxx, Xxxxxxxxxx, consisting of a building
containing approximately 30,108 gross square feet.
X. Xxxxxx and Lessee wish to extend the term of the Lease for an
additional three-year period, upon the terms and conditions set forth
hereinafter.
Agreement:
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NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, Lessor and Lessee agree as
follows:
1. Paragraph 3.1 of the Lease is hereby replaced with the following: "The
term of this Lease shall be for nineteen (19) years commencing on
January 1, 1986 and ending on December 31, 2004, unless sooner
terminated pursuant to any provision hereof."
2. Except as modified hereby, the Lease remains in full force and effect.
IN WITNESS WHEREOF, Lessor and Lessee have executed this Amendment as of
the date first above written.
LESSOR: LESSEE:
XXXXXXX X. XXXX, AS TRUSTEE OF XXXXXX PHARMACEUTICALS, INC.,
XXX-XXXXXX AND XXX-XXX XXXX a Nevada corporation
TRUST I successor in interest to
Xxxxxx Laboratories, Inc.
By:______________________________ By:______________________________
Xxxxxxx X. Xxxx, Trustee Xxxxxx X. Xxxxxxx
Senior Vice President,
General Counsel and Secretary