SECOND AMMENDMENT TO TRIPLE NET LEASE
Exhibit
10.44
SECOND
AMMENDMENT TO TRIPLE
NET
LEASE
WHEREAS,
▇▇▇▇▇▇▇ ASSOCIATES, LLC, a Florida Limited Liability Company (“Lessor”), and NT
CORPORATION, a Delaware Corporation (“Lessee”), entered into a Triple Net
Commercial Lease (“Lease”) dated September 7, 2000; and
WHEREAS,
Lessor and Lessee entered into an Amendment to the Lease dated November 28,
2001
(“First Amendment”); and
WHEREAS,
Lessor and Lessee desire to amend certain terms of said Lease and the First
Amendment by this Second Amendment To Triple Net Lease (“Second Amendment”); it
is therefore, for good and valuable consideration, the receipt of which is
hereby acknowledged, agreed as follows:
| 1. |
Floor
two was to be leased under the First Amendment effective December
21,
2001. This date has now been changed to August 1, 2002. Rent paid
through
July 31, 2002, is rent for floor one. Lessee will vacate floor one
as of
August 1, 2002. This lease of floor two shall be deemed to be the
second
year of the Lease and the rent will change on August 1, 2005. The
last
three years of the lease term of floor two are terminated and the
lease of
floor two shall terminate on August 1, 2012.
|
| 2. |
Paragraph
3 of the First Amendment is amended to state that the option to lease
is
for 120 months instead of 156 months.
|
| 3. |
Lessee
shall pay to Lessor at the time of the execution of this Second Amendment
an administration fee in the amount of Ten Thousand Dollars ($10,000.00)
for the execution of this Second Amendment.
|
| 4. |
Except
as amended herein, the Lease and First Amendment remain unchanged
and in
full force and effect.
|
Executed
this 21 day of October, 2002.
|
Witness
Print
Name ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Witness
Print
Name Merrith Wilconsin
Witness
Print
Name ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Witness
Print
Name Merrith Wilconsin
|
LESSOR:
▇▇▇▇▇▇▇
ASSOCIATES, LLC.
By:
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇▇
▇. ▇▇▇▇▇▇
Managing
Member
LESSEE:
NT
CORPORATION
By:
/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇, CFO and Secretary
|
STATE
OF
FLORIDA
COUNTY
OF
ESCAMBIA
The
foregoing instrument was acknowledged before me this 21st day of October, 2002,
by ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, as its Managing Member of ▇▇▇▇▇▇▇ ASSOCIATES, LLC, who
( )
is personally known to me or ( ) has produced a driver’s license as
identification and has not taken an oath.
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
NOTARY
PUBLIC-STATE OF FLORIDA
Commission
No.: DD083341
Expiration
Date: ▇-▇-▇▇
▇▇▇▇▇
▇▇
▇▇▇▇▇▇▇
▇▇▇▇▇▇
▇▇
▇▇▇▇▇▇▇▇
The
foregoing instrument was acknowledged before me this 21st day of October,
2002, by ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇▇, as President of NT CORPORATION, who ( ) is
personally known to me or ( ) has produced a driver’s license as identification
and has not taken an oath.
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
NOTARY
PUBLIC-STATE OF FLORIDA
Commission
No.: DD083341
Expiration
Date: 2-6-06