DECLARATION OF COMMENCEMENT
OF LEASE
WHEREAS, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, L.P., hereinafter known as Landlord, and SPR Inc.
Hereinafter known as Tenant, did enter into that certain Lease dated January 26,
1998 and as amended on March 16, 1998 covering leased premises of 7,526
rentable square feet located in Suite 600 at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇,
▇▇▇▇▇ ▇▇▇▇▇, and
NOW THEREFORE, ▇▇▇▇▇▇▇▇ and Tenant do agree and declare that the Commencement
Date of said ▇▇▇▇▇ is hereby set as April 1, 1998: the stated sixty (60) month
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term of said ▇▇▇▇▇ expires on March 31, 2003. Rental shall commence to be due
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and payable on April 1, 1998.
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AS, Tenant is obligated to obtain certain insurance under the Lease, a
Certificate of Insurance is hereby provided by Tenant attached to this
Declaration:
▇▇▇▇▇▇ and accepted this 14th day of April 1998.
LESSEE: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, L.P.
By: Sheridan Mgmt. Corp., G.P.
BY: [ILLEGIBLE]^^ BY: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
------------------------- --------------------
BY:_________________________ BY: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Vice President
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The Sheridan Group
User: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Ledger Page: 3
Unit Reference Number: 301-600 Occupant Type: Current
Charge Schedule
---------- ------------------- --------------- ------------- ------------- -------------
Charge Charge Charge Start Stop Charge
Code Description Frequency Date Date Amount
---------- ------------------- --------------- ------------- ------------- -------------
RNT Monthly Rent M 4/01/98 3/31/01 6,738.61
RNT Monthly Rent M 3/01/01 6,942.19
This tenant has no lease options.
Chronological History
----- ----- ----------------------------------- -------------- --------------
Date Code Description Amount Balance
----- ----- ----------------------------------- -------------- --------------
2/05/98 SDA Pymt. Batch 435 Check 17769 (6,738.61) (6,738.61)
2/05/98 SDA Security Deposit Adjustment 6,738.61 0.00
3/01/98 RNT Monthly Rent 6,738.61 6,738.61
3/20/98 RNT Billing Adjustment 6,7381.61) 0.00
3/30/98 OCR Rea. Batch 435 Check 17769 (6,738.61) (6,738.61)
3/30/98 SDA Rea. Batch 435 Check 17769 6,738.61 0.00
3/30/98 SDA Pymt. Batch 736 Check 18377 6,942.19 (6,942.19)
3/30/98 SDA Security Deposit Adjustment 6,942.19 0.00
4/01/98 RNT Monthly Rent 6,738.61 6,738.61
4/07/98 KEY Locks and Keys 125.78 6,864.39
4/08/98 SEC Access Card 10.00 6,874.39
4/13/98 SDA Pymt. Batch 857 Check 18562 (6,738.61) 135.78
4/14/98 OCR Deposit Decrease Pmt. SDA (6,738.61) (6,602.83)
4/16/98 KEY Locks and Keys 85.52 (6,517.31)
5/01/98 RNT Monthly Rent 6,738.61 221.30
5/01/98 TI Change Order ▇. ▇▇▇▇▇▇ ▇▇▇▇▇ 1,256.78 1,478.08
6/01/98 RNT Monthly Rent 6,738.61 8,216.69
6/05/98 SIG Access Cards 6 & $10 each 60.00 8,276.69
6/08/98 KEY Pymt. Batch 117 Check 19295 (6,959.91) 1,316.78
7/01/98 RNT Monthly Rent 6,738.61 8,055.39
7/06/98 RNT Pymt. Batch 233 Check 19685 (8,055.39) 0.00
SPR INC. 017769
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YOUR INVOICE NO. INVOICE DATE AMOUNT DISCOUNT NET AMOUNT CHECK TOTAL
---------------------------------------------------------------------------------------------------------------
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇.
1800 GLEARM PL.
$6,738.61
DEPOSIT
[LOGO] SPR INC. CHECK NO. 017769
DATE 2-1-98
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AMOUNT OF CHECK
$6,738.61****
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PAY TO THE ORDER OF
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ #▇▇▇
▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
---------------------------
AMERICAN NATIONAL BANK 2-77/710
& TRUST CO. OF CHICAGO /s/ [ILLEGIBLE]^^
---------------------------
SPR INC. 018377
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YOUR INVOICE NO. INVOICE DATE AMOUNT DISCOUNT NET AMOUNT CHECK TOTAL
-----------------------------------------------------------------------------------------------
DEPOSIT 3/25/98 6,942.19 .00 6,942.19
APR98 RENT 3/25/98 3,410.00 .00 3,410.00
TOTALS 10,352.19 .00 10,352.19
[LOGO] SPR INC.
Suite 407 CHECK NO. 018377
7616 LBJ Freeway
Dallas TX 75251
DATE 3/26/98
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AMOUNT OF CHECK
$10,352.19**
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PAY TO THE ORDER OF
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, L.P.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ____________________
SUITE 700
DENVER CO 80202
AMERICAN NATIONAL BANK 2-77/710
& TRUST CO. OF CHICAGO /s/ [ILLEGIBLE]^^
-------------------
7/28/98 The Sheridan Group 1:28 pm
User: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Ledger Page: 1
Unit Reference Number: 301-600 Occupant Type: Current
Property Name : ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, LP ID: 1057102000584
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Company Name : SPR, Inc. Phone Number :
Address 1 : ▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Unit Number : 600
Address ▇ : ▇▇▇▇▇ ▇▇▇
▇▇▇▇, ▇▇▇▇▇ ▇▇▇ : ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
D/B/A Name :
Open Items : 0.00
Open Credits : - 0.00
=================
Current Balance : = 0.00
Contact : Percentage Lease : No
Security Deposit : 6,942.19 Percentage 0.00
Other Deposit : 0.00 Base Sales Amount 0.00
Square Feet (GLA) : 0 Billing Month : 0
Usable Sq. Ft. : 0 Annual Sales 0.00
Gross Sq. Ft. : 0
Prorata Sq. Ft. : 0
Parking Information :
Number of Reserved Parking Spaces : 0
Storage Space : n
------------------------------------------------------------------------------
--------------[ ▇▇▇▇ ▇▇ ]----------------
Effective Date : 3/01/98
Expiration Date : 2/28/03
Move-In Date : 3/01/98
Move-Out Date :
Option Date : 2/28/03 -----------------------------------------
--------- Commission Info ---------
Lease Term :
Lease Type : Standard : y
Base Year : 98 Amount : 0.00
Base Year Rent : 0.00 Agent :
----------------------- Concession Information -------------------------------
Term Amount
Free Rent : n 0 0.00
Lease Buyout : n 0 0.00
Moving Expenses : n 0.00
Other : n 0.00
--- Tenant Improvement Allowances ---
Standard Allowance Per S.F. : 0
Excess Allowance Per S.F. : 0
Comments:
▇▇▇▇▇▇ COMMERCIAL
R e a l E s t a t e, I n c .
February 5, 1998
▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
SPR Inc.
▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇/▇▇/ ▇▇▇▇▇
▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇▇▇:
As stated in Exhibit "C" in the lease document between ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, L.P.
("Landlord") and SPR Inc. ("Tenant"), Tenant has a Right of First Refusal on the
adjacent 2,640 rentable square feet on the 6/th/ floor. Please be advised that a
letter of intent for that remaining space has been received and reviewed by
Landlord and such terms have been deemed acceptable.
Tenant shall have until Tuesday, February 10, 1998 to accept or reject the
space. No response from Tenant by February 10, 1998 will be deemed a rejection
of the space and Landlord will be free to lease the space to the interested
party.
The terms applicable to ▇▇▇▇▇▇'s acceptance of the space are as follows:
Effective Date: 4/1/98
Expiration Date: 2/28/2003
Rental: Months Rental Rate Monthly
------ ----------- -------
1-36 $15.50 $3,410.00
37-60 $16.00 $3,520.00
Tenant Improvements: $12.00 per rentable square foot ($31,680.00).
General: All other terms and conditions of the original
lease shall apply
Please indicate below if Tenant intends to execute its right.
Best regards,
▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Agreed and accepted
/s/ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇
----------------------------
cc: ▇▇▇▇▇▇ ▇▇▇▇▇
▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇
Telephone 214/▇▇▇-▇▇▇▇ Facsimile 214/855-9177
Sheridan Management Corp.
▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
▇▇▇-▇▇▇-▇▇▇▇
Fax: ▇▇▇-▇▇▇-▇▇▇▇
The Sheridan Group
--------------------------------------------------------------------------------
March 16, 1998
▇▇. ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
Chief Financial Officer
SPR
2015 Spring Road, ▇/▇▇/ ▇▇▇▇▇
▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇▇▇:
Enclosed is a copy of the executed First Amendment for your lease at ▇▇▇
▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇, ▇▇. Only one original was sent to me, I kept
that and a photocopy is returned for your file.
Thank you for your great business.
Sincerely,
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇.
By: Sheridan Management Corp., G.P.
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇
Vice President
Enc.