Legal Proceedings

EX-10.10.1 5 p67612exv10w10w1.txt EX-10.10.1 EXHIBIT 10.10.1 AMENDMENT TO LEASE This AMENDMENT effective this 1st day of September 2002, ("Effective Date"), is entered into by and between the 19th Avenue/Buchanan Limited Partnership, an Arizona limited Partnership ("Landlord") and SCHUFF STEEL COMPANY ("Schuff") for the Leased Premises located at 1841 W. Buchanan, Phoenix, Arizona 85007. Whereas the Landlord and Tenant agree to amend the Lease as follows: 1. Starting September 1, 2002, the adjusted monthly rent will be reduced in accordance with Exhibit "A" for the term of the lease. The Landlord, may with thirty (30) day written notice, increase the monthly rate to the amount that the rent would have been prior to this Amendment for the remaining term of the lease. 2. Except as modified herein, all other rights and obligations between the Parties remain unchanged. In witness whereof, the parties have executed this Amendment as of the date written above. 19TH AVENUE/BUCHANAN LIMITED PARTNERSHIP, an Arizona limited partnership By: /s/ Scott A. Schuff ------------------------------ General Partner SCHUFF STEEL COMPANY -------------------- By: /s/ Michael Hill ------------------------------ Printed Name: Michael Hill -------------------- EXHIBIT A Schuff Steel Company 12/4/02 Facilities Rent - No Tax
Lease Amount Before Infl. Adj. Infl. Adj. 3/1/02 9/01/2002 Monthly 2.60% Inflation Adjusted Reduction Adjusted ----------------- ----------------- ------------------ --------- -------- 420 South 19th Avenue 50,427 1,311 51,738 13,177 38 ###-###-#### Buchanan 11,250 293 11,543 2,892 8,650 619 Cooper, Gilbert 28,333 737 29,070 8,931 20,139 ------ ----- ------ ------ ------ Total Monthly Rent 90,010 2,340 92,350 25,000 67,350