Letter Amendment, dated October 21, 2004, by and between Southport Business Park Limited Partnership and Gentris Corporation
Exhibit 10.48
October 21, 2004
Mr. Michael Murphy
Gentris Corporation
133 Southcenter Court, St, 400
Morrisville, NC 27560
Dear Michael:
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 |
Exhibit A
Change Orders
[Intentionally omitted.]
Exhibit B
Revised Rent Schedule
[Intentionally omitted.]
