Addendum to Lease Agreement between Fred B. Caffey and Hooker Furniture Corporation (September 12, 2003)
This addendum extends the lease agreement between Fred B. Caffey (Lessor) and Hooker Furniture Corporation (Lessee) for the Caffey Warehouse in Martinsville, Virginia, until October 31, 2004. The monthly rent is set at $22,500, payable on the first of each month. The Lessee retains the option to renew the lease by providing 90 days' notice to the Lessor. All other terms of the original lease remain unchanged.
EXHIBIT 10.10(c)
September 12, 2003
Addendum to lease dated March 14, 1994 by and between Fred B. Caffey, of Martinsville, Virginia herein referred to as Lessor and Hooker Furniture Corporation, of Martinsville, Virginia, herein referred to as Lessee. All portions of the said lease will be continued until October 31, 2004. Only exceptions are stated below:
Article Two
Term, Rent, and Option
Lessor leases his property known as Caffey Warehouse located at 71 Gallagher Road off Highway 58 east of Martinsville to Lessee. The rent being $22,500 per month the rate being 18 cents per square foot per month. The rent is due and payable on the first of each month to lessor at 407 Starling Avenue Martinsville, Virginia 24112. Lessee has the option to renew with a 90 day notice to Lessor.
Lessor |
/s/ Fred B. Caffey | |||||||
Fred B. Caffey |
Lessee | /s/ E. Larry Ryder | |||||||
E. Larry Ryder Senior Vice President Finance and Administration |