Exhibit 10.50
LEASE EXTENSION AGREEMENT
This agreement is dated February 26, 1999 for reference purposes and is an
additional modification to the current Lease dated November 30, 1990 between
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ and ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (LESSOR) and Urnotech Calypte Biomedical
Corporation (LESSEE) for the property known as ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇▇▇▇.
1.) LEASE EXTENDED THROUGH December 1999. The Lease is hereby extended six
months through December 31, 1999. The lease rate for this extension period
will be at $27,000 per month.
2.) HOLDING OVER. If LESSEE remains in possession of the premises per
Paragraph 26 (Holding Over), then the agreed monthly rent is $29,000.
SIGNED BY: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ General Partner February 26, 1999
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FOR LESSOR TITLE DATE
SIGNED BY: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ CEO March 3, 1999
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FOR LESSEE TITLE DATE