Letter Amendment, dated October 21, 2004, by and between Southport Business Park Limited Partnership and Gentris Corporation
EX-10.48 11 ex10-48.htm
October 21, 2004
Mr. Michael Murphy
133 Southcenter Court, St, 400
Morrisville, NC 27560
Under Exhibit B-2 of our lease with Gentris, your company is given an option of adding change orders to the original tenant improvement contract of up to $10,000. For each $5,000 of tenant improvement money that is amortized into the rent, the rate will increase by $.08 per annum.
We have attached a copy of the change orders for your suite as of October 12th which total $5,000.00. By signing below, you are acknowledging the completion of the work and the correlating rent increase of $.08 per square foot per annum. We have attached a revised rent schedule for your records.
|/s/Michael Murphy || ||25 Oct 2004|
|Michael Murphy || ||Date|
|Gentris Corporation || || |
|/s/Mitchell K. Adams || ||10-21-04|
|Michael K. Adams || ||Date|
|Vice President || || |
|Southport Business Park || || |
Revised Rent Schedule