Lease Amendment No. 5 Between NW Flex Space, LLC and Eastside Distilling for Additional Warehouse Space
This agreement is the fifth amendment to a lease between NW Flex Space, LLC and Eastside Distilling for property at 10100 SE Main St, Milwaukie, Oregon. It adds 4,000 square feet of warehouse space to the existing lease, with the new space's term running concurrently with the original lease. The base rent increases by $3,750 per month, effective November 1, 2018, bringing the total rent to $25,175. No additional security deposit is required. All other terms of the original lease remain unchanged.
NW Flex Space, LLC.
3901 SE Naef Rd.
Portland, Oregon 97267
971 ###-###-####
***@***
October 30th, 2018
Grover Wickersham
Eastside Distilling (Motherload)
10100 SE Main St, Milwaukie, OR 97222
| Re: | Lease Amendment # 5, Additional Space Lease |
Dear Grover:
Reference is made to that certain lease effective February 1st, 2017 between NW Flex Space, LLC as lessor and Eastside Distilling (aka Motherload), as lessee for the premises known as 10100 SE Main St, Milwaukie, OR 97222. It is mutually recognized and agreed upon by both parties that said lease is being modified for the fifth time.
This Amendment #5 is as follows:
| 1) | Lease Term. Additional space is leased to run concurrently with lease term. | |
| 2) | Additional Space: Eastside Distilling (fka Motherload) agrees to expand their current lease as follows: |
| - | 4,000 square feet of as-is warehouse space located at 10100 SE Main St, Milwaukie, OR 97222 | |
| *See attached site plan “Exhibit A” depicting space |
| 3) | Base Rent. The base rent will increase by $3,750 effective November 1st, 2018 bringing over all rent to $25,175 | |
| 4) | Security Deposit: No additional deposit required at this time. |
All other terms and conditions of the lease remain unchanged and in full effect.
Please acknowledge by signing and dating this Amendment #5, and returning one executed copy to us.
Sincerely,
_________________________
Jimmy Bruce, Managing Member
NW Flex Space, LLC.
_________________________
Grover Wickersham, Chairman/CEO
Eastside Distilling
