Fifth Addendum to Lease Agreement between James W. Cameron, Jr. and Alternative Technology Resources, Inc.
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Summary
This addendum modifies the original lease agreement between James W. Cameron, Jr. (Lessor) and Alternative Technology Resources, Inc. (Lessee). Effective February 1, 2000, it updates the leased space to approximately 7,523 square feet, sets the annual base rent at $137,213.64 with a 3% yearly increase, and extends the lease term to January 31, 2004. The Lessee is responsible for tenant improvements on the 4th floor. All other terms of the original lease remain unchanged unless specifically modified by this addendum.
EX-10.36 2 0002.txt LEASE FIFTH ADDENDUM TO LEASE This fifth addendum to Lease (Fifth Addendum) is made between JAMES W. CAMERON, JR., an unmarried man (Lessor) and ALTERNATIVE TECHNOLOGY RESOURCES, INC., (ATR), previously known as 3Net Systems, Inc., a Delaware Corporation, (Lessee), to be a part of that certain Lease, and any addendums thereto (the Lease), dated November 7, 1995 between Lessor and Lessee. Lessor and Lessee agree that, not withstanding anything to the contrary in the Lease, the Lease is hereby modified as follows: 1. Effective February 01, 2000, paragraph 2(k) of the Lease is modified to read approximately 7,523 sq. Ft., located in the basement, 2nd, 3rd and 4th floors of the building. Lessee shall be responsible for all tenant improvements required on the 4th Floor. 2. Effective February 01, 2000, paragraphs 2(a) and (i) of the Lease are modified to read: Base Rent shall now be $137,213.64, per year. Monthly installments of Base Rent shall be $11,434.47, per month. Base rent shall increase three percent (3%) each year on January 01. 3. Paragraph 2(g) is modified to extend the Lease Term to January 31, 2004. 4. All other terms and conditions of the Lease, and all addendums thereto, not inconsistent herewith are incorporated herein by reference as though fully set forth and remain in full force and effect unless modified by the Fifth Addendum to Lease. AGREED TO AND ACCEPTED: LESSOR: LESSEE: JAMES W. CAMERON, JR. ALTERNATIVE TECHNOLOGY RESOURCES, INC. BY: /s/ JAMES W. CAMERON, JR. BY: /s/ W. ROBERT KEEN ----------------------------- ---------------------------- James W. Cameron, Jr. W. Robert Keen CLARK CAMERON, DIRECTOR/CORORATE ATTORNEY IN FACT DATE: FEBRUARY 1, 2000 DATE: JANUARY 31, 2000