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2009_0112_Packet
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2009_0112_Packet
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-�--�. <br />Lease Addendum Two <br />Tllis Adde3idum Two shall ac-�Zend the Lease Agree�7lent ("Lease") dated Decenlber 30, <br />i 999 by and betweeil to Rose�ille Cei3te� Liinited Pai-tners�lip ("Landlord'') aiid #l�e City <br />�f Rosevi�le ("T`e��a��t"}. <br />�: Tena�it's Leased �'re�nises shall be inci�eased fi•o�l� Ehe c�trrent 2,31 S square feet to <br />�,332 square feet by addiilg Suite 2735 consistii�g of I,017 sq�ta�-e feet. <br />2. LandEard sl�all deli�ver tlie additionaf space, s�tite 27�5, to Te�lant in at� AS-TS <br />conditiaEi. <br />3. The Lease tei-�n for tiie additio►Zal space, s«ite 2735, shall be ti�ee (3} years ai�d <br />fo��• {4) months a��d sllal� co�n�nence on Octobe�� l, 2005 and te�-minate on 7an�tary <br />31, Z0Q9 <br />4. The aauzua! Rent for the addi#ional space sliall be accordi�ig to the following <br />schedit�e: <br />I,eas� Period <br />10/i/20d5 - 1/;11200b <br />2/1/200G - 1/31-20fl7 <br />2/1/2007 - 1/31-2Q08 <br />�i�izoas - �i�j-?oo9 <br />ManfE�3y Rent <br />$ i ,504.00 <br />$ l ,644.00 <br />$ l ,650.00 <br />� � ,7oo.aa <br />Tei�an# he�•eby exercises its secor�d tlu•ee {3} year optioil to renew tl�e tern3 of this <br />Lease, as set fortli uilder Section 4 of Rider 4iie to tf�is Lease. Tiie rei�ewal <br />period s1�alI be for tl�ee {3) years beginning February 1, ZOOb a�ld expiiing on <br />January 31; 2009. Tl�e re��tal rate for the origi�ial Pre�nises duriilg tl�e re�sewal <br />period sliall be $2,500 pe�� montll. <br />6. Pro�ided Tei�anE is not iiz default llereiia�der, Teitant shall liave the option (third <br />option} ta extend the term of this Iease for one (1} tl�ree (3) year period upon tlie <br />sanze terms a�1d caalditions except for Amitilal Rent: 7'he Aiui�ial Rent fbr the <br />arig�nai space a�1d the additianal space shail be accordiaig to the %llowing <br />scl�eduIe during the third option period: <br />Third Optio� Period <br />Original Space <br />�tion Period Yea�• Monthf.��ei�t <br />� ��n �j� Year 1 �3;054.00 <br />�`p a.� a0�p Year 2 �3, l S�.QO <br />�Year 3 $3,250.44 <br />�,0� <br />Acldi#iona� Space <br />Optian Period (Year) <br />Year l <br />��� �� (� Year 2 <br />�Year � <br />a��� <br />Montl��v Re��t <br />$ [ ,750.44 <br />$ l ,.800.OQ <br />$1,850.04 <br />
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