Amendment to Lease Agreement between CDM Development, LLC and Tiger Financial Management, LLC (August 1, 2009)
This amendment updates the original lease between CDM Development, LLC (landlord) and Tiger Financial Management, LLC (tenant) for the property at 3611 N Ridge Rd., Wichita, Kansas. Effective August 1, 2009, the leased space increases from 9,467 to 10,752 square feet, and the tenant now occupies 100% of the building. The monthly rent is raised from $13,001.35 to $14,766.08. All other terms of the original lease remain unchanged.
Exhibit 10.23
AMENDMENT TO LEASE
This Lease Amendment (Amendment) is entered into on August 1, 2009 by and between CDM Development, LLC (Landlord) and Tiger Financial Management, LLC 3527 N Ridge Rd., Wichita, Kansas 67205 (Tenant), and amends the lease between Landlord and Tenant executed on or about January 1, 2008 (Lease) regarding the property commonly known as 3611 N Ridge Rd., Wichita, Kansas 67205.
For Ten Dollars and other good and valuable consideration the receipt and adequacy of which is hereby acknowledged, the parties hereto agree to amend the Lease as follows:
Section 1. Premises
1. | This section is hereby amended to increase the square feet from the current 9,467 feet to 10,752 feet. |
2. | Further, this section is hereby amended to increase the amount of the building from the current 88.05% to 100%. |
Section 4. Rent
1. | This section is hereby amended to increase the monthly rent from $13,001.35 to $14,766.08. |
All other provisions of the Lease remain in full force and effect.
CDM Development, LLC | Tiger Financial Management, LLC | |||
By: | /s/ Doug Rippel | /s/ Chad Faulkner | ||
Signature: |
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Title: | CEO | President | ||
Date: November 10, 2009 | November 10, 2009 |