| A. | Lessor and Lessee have previously entered into that certain Standard Industrial / Commercial Multi-Tenant
Lease Gross dated as of July 21, 2008 (the Lease) pursuant to which Lessee leases an
approximately 29,709 square foot portion of an approximately 72,200 square foot freestanding industrial
building commonly known as 577 and 583 North Batavia Street, Orange, California (Premises). |
||
| B. | The remaining Original Term of the Lease is January 1, 2010 through August 31, 2010
(the Remaining Term). Lessor and Lessee desire to amend the Lease by modifying the Base Rent due during the
Remaining Term and extend the Term for an additional twenty-four (24) months commencing September 1, 2010
and ending August 31, 2012 (the Extended Term). |
||
| C. | Lessor and Lessee now desire to amend the Lease to reflect their agreement with respect
to the extended term upon the terms and conditions set forth herein. |
| 1. | Lessor hereby lease to Lessee and Lessee hereby leases from Lessor the Premises upon
all the terms and conditions of the Lease and this First Amendment as modified herein. |
||
| 2. | The Term is hereby extended for a period of twenty-four (24) months commencing
September 1, 2010 and ending August 31, 2012. |
||
| 3. | Monthly Base Rent for the Remaining Term and the Extended Term shall be as follows: |
From: January 1, 2010
|
To: January 31, 2010 | $5,832.00 per month | ||
From: February 1, 2010
|
To: December 31, 2010 | $11,664.00 per month | ||
From: January 1, 2011
|
To: December 31, 2011 | $12,775.00 per month | ||
From: January 1, 2012
|
To: August 31, 2012 | $13,666.00 per month |
| 4. | Except as modified herein, the Lease and each of its terms and conditions shall remain
in full force and effect. |
||
| 5. | All terms referenced herein with an initial capitalized letter shall have the same
definition as set forth in the Lease. |
LESSOR:
|
LESSEE: | |||||||
| C C & E, LLC | ISI Detention Contracting Group, Inc., | |||||||
| a California corporation | ||||||||
By:
|
/s/ Todd Essenmacher | By: | /s/ Mike Peterson | |||||
Title:
|
Managing Member | Title: | President | |||||
Date:
|
12/1/09 | Date: | 12/1/09 | |||||
| By: | /s/ Donald F. Neville | |||||||
| Title: | Chief Financial Officer | |||||||
| Date: | 12/1/09 | |||||||