Addendum to Lease Agreement Between Monument Road Associates and ATX Telecommunications (November 1, 1999)
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Summary
Monument Road Associates and ATX Telecommunications have agreed to add 2,165 square feet of office space to ATX's existing lease, effective November 1, 1999. The additional space will be leased under the same terms and conditions as the original agreement, with the lease for this space ending on January 30, 2004 and including the same renewal option. The total leased area is now 47,696 square feet, with rent set at $21.15 per square foot, totaling $1,008,770.40 per year.
EX-10.6 15 ex10-6.txt ADDENDUM 1 Exhibit 10.6 ADDENDUM TO LEASE BETWEEN MONUMENT ROAD ASSOCIATES & ATX TELECOMMUNICATIONS DATED JANUARY 18, 1994 This addendum dated November 1, 1999 does hereby increase the space leased to ATX as follows: Effective November 1, 1999, ATX will add to its existing lease 2,165 square feet of office space on the first floor. It is hereby agreed between the parties that this additional space shall be added to the current lease on the same rate and terms and conditions, such that the lease for this additional space shall terminate January 30, 2004 and have the same renewal option as provided in said lease. The new total leased space shall be 45,531 plus 2,165 or 47,696 square feet and the rental as of November 1, 1999 is $21.15 per square foot or $1,008,770.40/yr or $84,064.20/mo.
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