Lease Amendment Between Eagle Development Company and X-Rite Corporation for 2969 Prairie SW, Grandville, MI
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.
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, | X-Rite Corporation, | |||||||
By: | s/ Stanley Cheff | By: | s/ Michael C. Ferrara | |||||
Its: | Partner | Its: | Chief Executive Officer | |||||
Date: May 4, 2004 | Date: May 4, 2004 |