Dated September 2017 (Dated & Signed by Landlord) COUNTERPART LEASE Roll on FROM 10th SEPTEMBER 20 l 7 relating to FIRST FLOOR OFFICE (in part) MEDINO HOUSE RUSHINGTON BUSINESS PARK TOTTON SOUTHAMPTON SO40 9LU between RA Martin Holdings Limited and OmniComm Ltd

EX-10.58 7 ex_100280.htm EXHIBIT 10.58 ex_100280.htm

Dated

 

September 2017

 

(Dated & Signed by Landlord)

 

 

 

 

 

COUNTERPART LEASE

 

Roll on FROM 10th SEPTEMBER 20 l 7

 

 

 

relating to

 

 

 

FIRST FLOOR OFFICE (in part) MEDINO HOUSE RUSHINGTON BUSINESS PARK

 

TOTTON SOUTHAMPTON SO40 9LU

 

between

 

RA Martin Holdings Limited and

 

OmniComm Ltd

 

 

 

 
 

 

 

 

RA Martin Holdings Limited are in agreement with OmniComm Ltd to allow the 2012 Lease Agreement along with its terms and conditions to continue in its current format until 2027 with the following provisos.

 

 

New Term:

 

10th September 2017

 

to

 

9th September 2020 - Tenant / Landlord Break Notice - Three months in writing must be given for the lease to be terminated.

 

 

 

10th September 2020

 

to

 

9th September 2023 - Tenant / Landlord Break Notice - Three months in writing must be given for the lease to be terminated.

 

 

 

10th September 2023

 

to

 

9th September 2027 - Lease Period End

 

Rent:

 

Rental values will roll on from 9th September 2017 with a 3% increase on previous payment period along with a further 3% increase for every subsequent year until lease termination or Break Notice whichever comes first.

 

 

 

 
 

 

 

 

I agree to the terms of the lease extension and as a Director I am authorized to sign on behalf of OmniComm Ltd.

 

 

 

/s/ Duncan Kemp

Director Signature

 

Duncan Kemp

Name

 

Executive Director of UK Operations

Occupation

 

/s/ M. Athar

Witness Signature

 

M. Athar

Witness Name

 

 

 

Accepted on behalf of RA Martin Holdings Limited

 

/s/ Roy Martin

Roy Martin

Managing Director