LEASE AMENDMENT II

Contract Categories: Real Estate - Lease Agreements
EX-10.8.2 7 dex1082.htm LEASE AMENDMENT II, DATED JUNE 25, 1998 Lease Amendment II, dated June 25, 1998

Exhibit 10.8.2

 

LEASE AMENDMENT II

 

This lease amendment is made this 25th day of June 1998, and attached to that certain lease agreement dated the 1st day of December 1986, by and between Indian Creek Company (ICC), a Virginia Limited Partnership (“Landlord”) and Boat America Corporation, a Virginia Corporation (“Tenant”).

 

Whereas, that certain lease is to expire on November 30, 2001, and that both Landlord and Tenant desire the lease to continue; now, therefore, Landlord and Tenant agree to continue to be bound by the terms, conditions and covenants of that certain lease dated the 1st day of December 1986, except as amended as follows: (all section headings refer to that certain lease dated the 1st of December 1986).

 

Term: The term of this lease shall be for a period commencing on December 1, 2001, and expiring at midnight on November 30, 2006, (the “Term”), unless sooner terminated in accordance with the provisions hereof. At the option of the Tenant, the Lease may be renewed for one (1) additional five-year period.

 

In witness whereof, the parties hereto have executed this lease amendment on the day and year set forth below.

 

       

LANDLORD

WITNESS:

         

INDIAN CREEK, L.P., a Virginia limited partnership

/s/ Debbie Hart


         

By:

 

/s/ Richard Schwartz


               

Richard Schwartz, President

               

Marlboro Technologies, Inc., General Partner

Dated: June 25, 1998

               
       

TENANT

WITNESS:

         

BOAT AMERICA CORPORATION, a Virginia Corporation

/s/ Debbie Hart


         

By:

 

/s/ William M. Oakerson


               

William M. Oakerson, President

Dated: June 25, 1998