Lease Amendment Between Eagle Development Company and X-Rite Corporation for 2969 Prairie SW, Grandville, MI

Contract Categories: Real Estate › Lease Agreements
Summary

Eagle Development Company and X-Rite Corporation have amended their existing office lease for the property at 2969 Prairie SW, Grandville, Michigan. The amendment, effective May 4, 2004, updates the payment schedule for the remaining lease term, specifying new payment amounts for the periods from May 2004 through March 2006. Both parties have agreed to these changes and signed the amendment on the effective date.

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EX-10.(C) 3 dex10c.htm LEASE AMENDMENT ENTERED INTO BETWEEN THE REGISTRANT AND EAGLE DEVELOPMENT COMP Lease Amendment Entered Into Between The Registrant And Eagle Development Comp

LEASE AMENDMENT

2969 PRAIRIE S.W.

GRANDVILLE, MI 49418

 

THIS LEASE AMENDMENT (this “Amendment”) is entered into as of the 4th day of May, 2004, by and between EAGLE DEVELOPMENT COMPANY, a Michigan partnership, (“Landlord”) and X-RITE CORPORATION, a Michigan corporation (“Tenant”).

 

This amendment is to adjust the remaining balance of the “Office Lease” dated October 2, 2000, between EAGLE DEVELOPMENT COMPANY and X-RITE CORPORATION for the property located at 2969 Prairie SW, Grandville, MI, to the following payment schedule:

 

May, 2004 – Dec, 2004

    $ 107,097

Jan, 2005 – Dec, 2005

    $ 199,992

Jan, 2006 – Mar, 2006

    $ 100,322
    
       $406,603

 

IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first set forth above.

 

Landlord:       Tenant:

Eagle Development Company,
a Michigan partnership

      

X-Rite Corporation,
a Michigan corporation

By:

  

s/ Stanley Cheff

      

By:

  

s/ Michael C. Ferrara

Its:

  

Partner

      

Its:

  

Chief Executive Officer

Date: May 4, 2004

      

Date: May 4, 2004