MODIFICATION OF LEASE AMENDMENT TO LEASE THAT EXTENDS THE LEASE TERM

Contract Categories: Real Estate - Lease Agreements
EX-10.65 11 ex10_65.htm MODIFICATION OF LEASE, DATED OCTOBER 14, 2009 Exhibit 10.65

Exhibit 10.65

MODIFICATION OF LEASE

AMENDMENT TO LEASE THAT EXTENDS THE LEASE TERM

1.

Lease Amendment and Extension Agreement

This Lease Amendment and Extension Agreement is made on October 14, 2009, by KNK Properties, LLC, whose address is 5258 South Eastern Avenue, in Las Vegas, Clark County, Nevada (referred to in this instrument as “lessor”), and Streamray Inc., whose address is 5258 South Eastern Avenue, Suite #100, in Las Vegas, Clark County, Nevada (referred to in this instrument as “lessee”).

2.

Recitals

Pursuant to the lease dated April 21, 2005 (“lease”), and any further amendments and modifications, lessee let from lessor approximately 5,440 square feet of net rentable area in the building commonly known as Eastern Professional Plaza located at 5258 South Eastern Avenue, Suite #100, Las Vegas, Clark County, Nevada (the “premises”), and more specifically described in the lease, for a term, including through amendments, which expires on October 31, 2009 (the “lease termination date”).

Lessor and lessee desire to extend term of lease of said premises for a period of two (2) months beginning November 1, 2009 and terminating December 31, 2009.

Therefore, in consideration of the mutual promises contained in this Lease Amendment and Extension Agreement, the parties agree as follows:

3.

Section One – Construction

This Lease Amendment and Extension Agreement shall be construed in conjunction with the lease and shall not amend any terms, covenants, or conditions of the lease other than as expressly provided in this Lease Amendment and Extension Agreement.

4.

Section Two – Defined Terms

All terms used in this Lease Amendment and Extension Agreement shall have the meanings ascribed to them in the lease unless otherwise defined in this Lease Amendment and Extension Agreement.

5.

Section Three Lease Terms

Other than as expressly set forth in this Lease Amendment and Extension Agreement, the terms of the letting of the premises shall be as indicated in the original lease dated April 21, 2005.

6.

Section Four – Base Rent

Beginning on November 1, 2009, lessee shall pay base rent for two (2) months of extension in the amount of $9,520.00 per month plus any applicable parking fees, payable in advance on the first day of each month in the manner provided in the lease.

7.

Section Five – Additional Rent

Lessee shall make payments with respect to real estate taxes, operating expenses, and other additional rent, if any, in the manner provided in the lease.

In witness, lessor and lessee duly executed this Lease Amendment and Extension Agreement, as of the day and year written above.

LESSOR:

LESSEE:

 

 

KNK Properties, LLC

Streamray Inc.

A Nevada Limited Liability Company

5258 S. Eastern Avenue, Suite #100

5258 S. Eastern Avenue, Suite 252

Las Vegas, Nevada 89119-2328

Las Vegas, Nevada 89119

 

 

 

By: /s/ Fred Keiserman                     

By: /s/ David Bloom                       

Fred Keiserman

David Bloom

 

 

Its:

Principal

Its:

President

 

 

Executed in Las Vegas, Nevada

Executed in

 

 

on Oct 19                   , 2009

on October 14                   , 2009

 

 

at 5258 South Eastern Avenue, Suite #252

at 220 Humboldt Ct

Las Vegas, Nevada  89119

    Sunnyvale, CA  94089