Addendum to Lease Agreement between Fred B. Caffey and Hooker Furniture Corporation (September 12, 2003)

Contract Categories: Real Estate Lease Agreements
Summary

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.

EX-10.10C 3 dex1010c.htm ADDENDUM TO LEASE Addendum to Lease

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