Business Lease Amendment between E & E Investments and Intellon Corporation (June 17, 2008)
This amendment extends the existing lease between E & E Investments (landlord) and Intellon Corporation (tenant) from July 1, 2008, to December 31, 2008, under the same terms as before. Both parties agree to negotiate a new lease in good faith before the end date, but these negotiations are non-binding until a new agreement is signed. If no new lease is finalized, neither party will be liable for any damages or losses related to the negotiations.
Exhibit 10.1
Business Lease Amendment
This Agreement entered into this 17th date of June, 2008, serves to amend the existing lease between E & E Investments, a Florida General Partnership and Intellon Corporation, dated July 1, 2006.
E & E Investments (Lessor) agrees to extend this above mentioned lease with Intellon Corporation (Lessee) from July 1, 2008 to December 31, 2008 with the same terms and conditions.
Prior to December 31, 2008, Intellon Corporation and E & E Investments agree to negotiate in good faith the terms and conditions of a new lease agreement. The parties acknowledge that all negotiations shall be non-binding until such time, if any, as the parties enter into a definitive lease agreement, executed by authorized agents of both parties. If the parties do not enter into a definitive lease agreement, neither party shall be responsible or liable under any legal theory for any lost revenue or profits or any other commercial or economic loss or for any direct, indirect, incidental, consequential, special or other damages.
| As to Lessee | As to Lessor | |||
| Intellon Corporation | E & E Investments | |||
| By: /s/ Charles E. Harris | By: /s/ George D. Edwards | |||
| Charles E. Harris, CEO | George D. Edwards, Partner | |||
