Amendment to Lease Agreement between Domino's Pizza, Inc. and Domino Farms Office Park Limited Partnership

Contract Categories: Real Estate Lease Agreements
Summary

This amendment to the lease agreement between Domino's Pizza, Inc. and Domino Farms Office Park Limited Partnership allows Domino's Pizza, Inc. to terminate the lease with 180 days' written notice during the first five years, provided they are not in default. Additionally, Domino's Pizza, Inc. waives its right to extend the lease for a second additional five-year term after the initial and first extended terms. The amendment is effective as of February 7, 2000.

EX-10.32 5 dex1032.txt AMENDMENT TO LEASE AGREEMENT EXHIBIT 10.32 [LETTER HEAD OF DOMINO'S FARMS CORPORATION] February 7, 2000 Mr. Harry Silverman Chief Financial Officer/Treasurer Domino's Pizza, Inc. 30 Frank Lloyd Wright Dr. Ann Arbor, Ml 48106 Dear Harry: This letter refers to the lease dated December 21, 1998 between Domino's Pizza, Inc. - and Domino Farms Office Park Limited Partnership. The lease is amended to reflect the following: 1 Domino's Pizza, Inc. has the right to terminate the lease with 180 days written notice to the Landlord during the initial five (5) years from and after the lease commencement date of December 21, 1998. The lease shall be terminated without penalty if Domino's Pizza, Inc. is not in default under the lease. 2. Domino's Pizza, Inc. gives up its right under the lease to extend the term of the lease for a Second Additional Term consisting of five (5) years upon expiration of the lease's Initial Term and its First Extended Term. Sincerely, /s/ Paul R. Roney Paul R. Roney President Agreed and Accepted: /s/ Harry Silverman - ---------------------------------- Harry Silverman Chief Financial Officer/Treasurer