MODIFICATION AND RATIFICATION OF LEASE
This Modification and Ratification of Lease Agreement is made and entered
into between Xxxxxx Investments (Lessor) and Sublingual Products International,
Inc. (Lessee) for and in consideration of One Dollar ($1.00) and other good and
valuable consideration, receipt of which is hereby acknowledged.
W I T N E S S E T H :
1. Lessor and Lessee hereby confirm and ratify, except as modified below, all
of the terms, conditions and covenants in that certain written Lease Agreement
dated May 1, 1991, between Lessor and Lessee, for the rental of the following
described property: An approximate 8,482 square foot office/service/warehouse
facility situated on approximately 20,855 square feet of land known as Xxxx 0X,
Xxxxx 0, Xxxxxxxxxxx, Xxxxxxxxx, Xxxxxxx Xxxxxx, Xxxxx and commonly as
0000 Xxxxxxxxx Xxxxx West.
2. Lessee's name shall be changed from Sublingual Products International, Inc.
to Pharmaceutical Laboratories, Inc. and will assume all obligations of the
Lease Agreement under this name.
3. Effective May 1, 1994, Lessee's monthly base rental shall increase from
$4,100.00 per month to $4,771.13.
4. All other terms and conditions of the Lease Agreement will remain the same.
5. Effective May 1, 1994 the lease term will be extended for thirty-six (36)
months, expiring April 30, 1997. /i/ JMc
Signed at Fort Worth, Texas, this 29th day of March, 1994.
LESSOR: XXXXXX INVESTMENTS
By: /s/ XXXX XXXXXX
Xxxx Xxxxxx
Title: Vice President
LESSEE: PHARMACEUTICAL LABORATORIES, INC.
Attest: _____________ By: /s/ XXXXX XXXXXXX
(corporate seal) Xxxxx XxXxxxx
Title: President
