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EXHIBIT 10.9
LEASE EXTENSION AGREEMENT
Date: March 3/4, 1999
RE: The extension of the lease term under the two (2) Lease Agreements entered
into by Datalink Corporation, as Lessee, for leased space at the Edina
Southwest Building, Bays 1 through 9:
(1.) Lease Agreement dated February 26, 1997, for 26,653 square feet
in Bays 2 through 9.
(2.) Lease Agreement dated July 26, 1998 for 10,530 square feet in Bay 1
and a portion of Bay 2.
Parties:
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP, as successor Lessor under Lease
Agreement (1.) above, and Lessor under Lease Agreement (2.) above
- hereinafter referred to as the "Lessor" and,
Datalink Corporation
- hereinafter referred to as the "Lessee"
The Parties agree to the following:
(1.) As consideration of the Lessee agreeing to pay for its tenant
improvements made in 1998, the Lessor and Lessee agree that the
termination dated for both above mentioned Lease Agreements shall be
extended so that the termination date of both is December 31, 2002.
(2.) The monthly rents set forth under the two (2) above mentioned Lease
Agreements shall remain the same through December 31, 1999, and then
the rent, as set forth in paragraph 6, shall be increased by three
percent (3.00%) as of January of 2000, and remain the same
thereafter.
(3.) The Lessee shall have the right and option to extended the lease
term with two (2), three (3) year options, such option(s) shall be
offered to the Lessee at the market rate in existence at the time of
the extension.
(4.) All other terms and conditions of the two (2) above mentioned Lease
Agreements shall remain unchanged and in full force and effect.
Lessor: Lessee:
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LLP Datalink Corporation
by ▇▇▇▇ ▇▇▇▇▇▇ by ▇▇▇▇ ▇▇▇▇▇▇
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its Managing Partner its President & CEO
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