Letter Amendment, dated October 21, 2004, by and between Southport Business Park Limited Partnership and Gentris Corporation

EX-10.48 11 ex10-48.htm


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.]