ADDENDUM NUMBER ONE TO STANDARD SUBLEASE
EX-10.15 3 ex10-15.htm ADDENDUM NO. 1 TO STATNDARD SUBLEASE DATED JULY 21, 2008 ex10-15.htm
ADDENDUM NUMBER ONE TO
STANDARD SUBLEASE
This is Addendum Number One to the STANDARD SUBLEASE, dated July 21,2008 by and between Worldwide L.P. (“Sublessor”) and All American Pet Company Inc. (“Sublessee”) for the real property located at 9601 Wilshire Blvd., Suite M200, Beverly Hills, CA 90210 (“Premises”).
12. PREMISES: 9601 Wilshire Blvd., Suite M200 office space consisting of approximately 1,458
square feet (the “Office Space”). Suite M200 is a separate isolated office suite;
Suite M200 was an expansion space added through a First Amendment to
Office Lease (dated November 16, 2006), the original Office Lease (dated
August 24, 2006) for Suite M100 (9,804 s.f.) is not included in this Sublease.
Therefore this Sublease shall be a partial sublease of the 11,262 s.f. inclusive in
the Master Lease.
13. BASE RENT SCHEDULE: (Supplement to Paragraph 1.5)
8/1/08-1/31/09: $6,500.48/mo. ($4.45/s.f., includes CAM & BH Lic. Fee)*
2/1/09-1/31/10: $6,746.12/mo. ($4.62/s.f., plus new CAM & adj. BH Lic. Fee)
2/1/10-1/31/11: $7,001.59/mo. ($4.80/ s.f., plus new CAM & adj. BH Lic. Fee)
2/1/11-9/30/11: $7,267.28/mo. ($4.98/ s.f., plus new CAM & adj. BH Lic. Fee).
*The initial base rent is $6,141.10 ($4.21/s.f./mo.). Added to the base rent are the following
charges:
2007 BH City Lic. Fee is $145/mo. 2007 CAM $54/mo. and the installment purchase of M200
furniture (Agreed Value $6,000) $160.38/mo. Provided the Sublessee completes all sublease rent
payments, Sublessor shall deliver a “Bill of Sale” transferring ownership of the furniture after
Sublessor’s receipt of the last rent payment. The aggregate initial monthly rent is $6,500.48
($4.45/s.f./mo.).
14. PARKING: Sublessee shall be obligated to purchase four (4) unreserved parking permits on a
monthly basis at the prevailing monthly parking rate (current rate is $160/space/mo.-P3 Level).
Monthly payments for the parking permits shall be paid directly to the building’s contracted
parking company.
15. CORPORATE RESOLUTION
Prior to the execution of the lease, Sublessee shall provide a Corporate Resolution authorizing the
Sublessee to Sublease the designated Premises and confirming the authorization of the Corporate
Officers to execute the Lease on behalf of the Sublessee’s corporation and undertake the
obligations herein.
IN WITNESS HEREOF, the Parties hereto have executed this Addendum Number One as of the date first
written below.
SUBLESSEE: SUBLESSOR:
All American Pet Company, Inc. Worldwide L.P.
By: /S/ Lisa Bershan By:/S/ Robert Pritchard
Lisa Bershan Date Robert Pritchard Date
Its President Its CEO
Worldwide Real Estate Inc. – General Partner
By: /S/ Barry Schwartz
Barry Schwartz Date
Its CEO
