Lease Amendment Agreement between Create-a-Book, Inc. and TRX, Inc. for 6671 Caroline Street, Milton, FL (December 21, 2006)

Summary

Create-a-Book, Inc. and TRX, Inc. have amended their lease for the property at 6671 Caroline Street, Milton, Florida. The lease term is extended to December 31, 2007, with an option for two additional 24-month renewals at a 3% rent increase per renewal. Monthly rent is set at $16,000 plus applicable taxes. The lessor will complete parking lot improvements, with the lessee contributing $22,000 and potentially advancing up to $55,000, to be offset against future rent. The lessor will maintain full insurance coverage and allow the lessee to sublet part of the premises.

EX-10.33 14 dex1033.htm LETTER AGREEMENT, DATED DECEMBER 21,2006 BY AND BETWEEN CREATE-A-BOOK, INC. Letter Agreement, dated December 21,2006 by and between Create-a-Book, Inc.

Exhibit 10.33

21 December 2006

VIA FACSIMILE (719 - 647-1767) AND OVERNIGHT MAIL

Mr. John Hefty

Create-a-Book, Inc.

77 N. Magneto Dr.

Pueblo West, CO 81007

Re:	Property located at 6671 Caroline Street, Milton, Florida

Dear Mr. Hefty:

Per our discussions and pursuant to the Lease Agreement dated January 20, 2003 by Create-a-Book, Inc. and TRX, Inc., this letter shall serve to amend the terms of the Agreement as follows:

Lease Term shall be extended to 31 December 2007.

Section 3 – Lessee shall pay to Lessor as rental the sum of Sixteen Thousand Dollars ($16,000) per month (together with applicable Florida sales tax) during the period of 1 January 2007 through 31 December 2007.

Section 5 – At the end of the new lease term, Lessee has the option to extend the lease for an additional 24 months. The Lessee will be permitted two (2) such extensions for a total for forty-eight (48) months. Lessee must provide advance notice of its intention to exercise any such renewal. Should Lessee exercise this option, monthly rent for the extension period will be increased by 3% for the renewal period.

Section 6 – Lessor agrees to make certain agreed parking lot improvements, including parking lot pavement and repairs (“Parking Lot Pavement Project”), with completion during the first quarter of 2007. Lessee agrees to contribute $22,000 toward the costs of the Parking Lot Pavement Project. Additionally, at the request of Lessor, Lessee shall pay for the initial costs of the Parking Lot Pavement Project not to exceed $55,000, and offset such costs, less Lessee’s contribution, against future rents during 2007.

Section 10 – Lessor agrees to adequately insure building including wind coverage and to pay for all costs of such insurance including deductibles. Lessor agrees to provide Lessee with an insurance certificate evidencing such coverages and listing Lessee as an additional insured.

Section 14 – Lessor provides advance consent to Lessee to sublet a portion of the premises to * at the same terms and conditions as the Lease Agreement. All rents hereto shall remain guaranteed by TRX.

All other terms and provisions of the Lease will remain in full force and effect.

6 West Druid Hills Drive / Atlanta, Georgia 30329 USA | 404 ###-###-####

*	Confidential Treatment Requested

Milton Lease Amendment, 21 December 2006, Page 2.

If you have any questions, please feel free to contact me at ###-###-#### or ***@***. Please countersign below your acknowledgement for our files and tax to us at ###-###-####.

Regards,

Timothy J. Severt

EVP, Administration

Cc: Scott Y)

Acknowledged and accepted:

John Hefty

HEFTY PROPERTIES, LLC