Lease Amendment between 406 SH 135 LLC and Pinnacle Frac Transport LLC for 406 SH 135, Kilgore, TX
This amendment updates the commercial lease between 406 SH 135 LLC (landlord) and Pinnacle Frac Transport LLC (tenant) for the property at 406 SH 135, Kilgore, Texas. Effective August 1, 2022, the lease term is extended to end on September 30, 2027, with new monthly rent amounts set at $5,500 from October 2022 to September 2024, and $6,000 from October 2024 to September 2027. Other terms, such as parking and maintenance, may also be adjusted as specified in the amendment.
Exhibit 10.7
i.1TEXAS REALTORS
COMMERCIAL LEASE AMENDMENT
USE OF THIS FORM BY PERSONS WHO ARE NOT MEMBERS OF THE TEXAS ASSOCIATION OF REALTORS®, INC. IS NOT AUTHORIZED.
©Texas Association of REALTORS®, Inc. 2022
AMENDMENT TO THE COMMERCIAL LEASE BETWEEN THE UNDERSIGNED PARTIES CONCERNING THE LEASED PREMISES AT 406 SH 135, Kilgore, TX 75662
| Effective on August 1, 2022 | , Landlord and Tenant amend the above-referenced lease as follows. |
| D | A. | Leased Premises: The suite or unit number identified in Paragraph 2A(1) is: |
| D | (1) changed to |
| D | (2) contains approximately------------------------------------------------- rentable square feet ("rsf'). |
| B. | Term: |
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| (1) The length of the term stated in Paragraph 3A is changed to 102 months and days. |
| D | (2) The Commencement Date stated in Paragraph 3A is changed to |
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| (3) The Expiration Date stated in Paragraph 3A is changed to September 30, 2027. |
| C. | Rent: The amount of the base monthly rent specified in Paragraph 4A is changed to: |
| $ | 5,500.00 | from 10/01/2022 | to 09/30/2024 | |
| $ | 6,000.00 | from 10/01/2024 | to 09/30/2027 | |
| $ | from | to | ||
| $ | m | b __ __ __ __ __ __ __ __ __ __ | ||
| $ | m | b __ __ __ __ __ __ __ __ __ __ | ||
| $ | from | to__ __ __ __ __ __ __ __ __ __ |
| D | D. | Security Deposit: The amount of the security deposit in Paragraph 5 is changed to $ |
| D | E. | Maintenance and Repairs: The following item(s) specified in the identified subparagraph of Paragraph 15C will be maintained by the party designated below: |
| Para. No. | Description | Responsible Party | |||||||
| N/A | Landlord | Tenant | |||||||
| N/A | Landlord | Tenant | |||||||
| N/A | Landlord | Tenant | |||||||
| N/A | Landlord | Tenant | |||||||
| N/A | Landlord | Tenant | |||||||
| ☐ | F. | Parking: |
| D | (1) Common Parking: The number of vehicles identified in Paragraph A(1) of the Commercial Lease Addendum for Parking (TXR-2107) is changed to vehicles. |
| (TXR-2114) 07-08-22 | Initialed for Identification by Landlord: , | , and Tenant: , | Page 1 of 2 |
| Maya PropertiesLongview, 430 N. Center St. Longview TX 75601 | Phone: (903 ###-###-#### | Fax: | Soapy King |
| John Sage | Produced with Lone Wolf Transactions (zipForm Edition} 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com |
| Commercial Lease Amendment concerning | 406 SH 135, Kilgore, TX 75662 |
| D | (2) | Restricted Common Parking for Tenants: The number of vehicles identified in Paragraph A(2) of the Commercial Lease Addendum for Parking (TXR-2107) is changed to vehicles. |
| D | (3) | Assigned Parking: Tenant's assigned parking areas identified in Paragraph A(3) of the Commercial Lease Addendum for Parking (TXR-2107) is changed to |
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| D | (4) Parking Rental: The amount of rent identified in Paragraph B of the Commercial Lease Addendum for Parking (TXR-2107) is changed to $ |
| D | G. | Counterparts: If this amendment is executed in a number of identical counterparts, each counterpart is an original and all counterparts, collectively, constitute one agreement. |
| D | H. | Other: Paragraph(s) are changed to read (cite specific paragraphs and copy the applicable paragraphs verbatim, making any necessary changes): |
| Landlord: 406 SH 135 LLC |
| Tenant: Pinnacle Frac Transport LLC | ||||||||||
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| By: |
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| By: |
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| By (signature): —— |
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| By (signature): | |||||||||
| Printed Name: — — |
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| Printed Name: | J ay P uc h ir | ||||||||
| Title: f..._.)..,e..r | Date: 7/26/22 | Title: Manager | Date: 7/26/22 | |||||||||
| By: | By: | |||||||||||
| By (signature): | By (signature): | |||||||||||
| Printed Name: | Printed Name: | |||||||||||
| Title: | Date: | Title: | Date: | |||||||||
| (TXR-2114) 07-08-22 | Page 2 of 2 |
Produced with Lone Wolf Transactions (zipForm Edition} 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com Soapy King
