Amendment to Lease Agreement between Cogent Communications, Inc. and 6715 Kenilworth Avenue Partnership (July 24, 2002)
Cogent Communications, Inc. and 6715 Kenilworth Avenue Partnership have agreed to extend their existing lease for 17,692 square feet at 1015 31st Street, NW, Washington, DC. The lease is extended for 12 months, from September 1, 2002, to August 31, 2003, at an annual rent of $424,608, payable in monthly installments of $35,384. All other terms of the original lease and prior amendments remain unchanged.
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EXHIBIT 10.3
6715 Kenilworth Avenue Partnership
1015 31st Street, NW
Washington, DC 20007
| Reference: | Lease Agreement dated Sept. 1, 2000 Extension of Lease Agreement dated August 1, 2001 Amendment to Lease Agreement dated Oct. 29, 2001 Amendment to Lease Agreement dated May 1, 2002 |
July 24, 2002 Amendment to Lease Agreement
Cogent Communications, Inc. (Tenant) and 6715 Kenilworth Avenue Partnership (Landlord) hereby agree to extend the Lease Term of the Lease Agreement dated September 1, 2001, as amended (Lease Agreement) for an additional 12 months commencing September 1, 2002 and expiring August 31, 2003 for 17,692 square feet at a Fixed Annual Rent of $24 per square foot ($424,608), payable in twelve (12) equal monthly installments of $35,384, as indicated below:
| Rent Payment | 1015 31st St | ||||
|---|---|---|---|---|---|
| Floor | Square Feet | ||||
| 3 | 2,323 | ||||
| 4 | 5,123 | ||||
| 5 | 5,123 | ||||
| 6 | 5,123 | ||||
| Total Sq. Feet | 17,692 | ||||
| Total Annual Rent | $ | 424,608 | |||
| Total Monthly Rent | $ | 35,384 | |||
Except as amended herein, the Lease Agreement, as amended, shall remain in full force and effect.
| TENANT: Cogent Communications, Inc | ||
| /s/Thaddeus G. Weed Thaddeus G. Weed Vice President, Controller | ||
| LANDLORD: 6715 Kenilworth Avenue Partnership | ||
| /s/Dave Schaeffer Dave Schaeffer General Partner | ||
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- EXHIBIT 10.3
