Amendment to Commercial Lease Agreement between Woodcotton Management Inc. and Sybari Software Inc.
Contract Categories:
Real Estate
›
Lease Agreements
Summary
This amendment updates the commercial lease between Woodcotton Management Inc. (landlord) and Sybari Software Inc. (tenant). It sets monthly rent at $7,091 for 2003 and $7,516.46 for 2004, reflecting a 6% increase. The tenant's share of the property is set at 78%. The tenant is responsible for their own electricity costs for the downstairs office, which has a separate meter. The tenant is also granted use of a specified area in the basement for storage. The amendment is signed and dated by both parties.
EX-10.7.4 11 y96720exv10w7w4.txt AMENDMENT TO COMMERCIAL LEASES EXHIBIT 10.7.4 This is a rider between Woodcotton Management INC. (landlord) and Sybari software INC. (tenant) attached to the original lease. (1) Feb. 1st, 2003 to Dec. 31st, 2003 rent will be $7091.00 each month. Jan. 1st, 2004 to Dec. 31st, 2004 rent will be $7516.46 each month. (6% increase) (2) Total proportion share for the purpose of this lease is deemed to be 78%. (3) Downstairs office has a separate electric meter. Tenant shall pay their own electric bill. (4) Tenant has the right to use south side of the basement as a storage (33x54 S Q) Woodcotton management INC. Sybari software INC. /s/ Peter Tu 1/20/03 /s/ James Shanahan 1/21/03 - -------------------------- ------------------------------- Date Date