EXHIBIT 10.8(b)
[Commerce Communities Letterhead]
December 08, 1998
▇▇▇▇ ▇▇▇▇▇▇
c/o Applied Imaging
▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Re: Lease renewal ▇▇▇▇ ▇▇▇▇▇ ▇▇▇., ▇▇▇▇▇ ▇▇▇▇▇, ▇▇
Dear ▇▇▇▇:
This letter will serve as our written agreement to extend your Lease two
(2) years. The Lease Extension is for that certain Lease dated April 17, 1997
by and between San ▇▇▇▇▇ Investors II, Landlord, and Applied Imaging Corp.,
Tenant, covering those certain premises known and numbered as stated above,
which Lease was to terminate November 30, 1998.
Landlord and Tenant hereby agree:
1. The term of said Lease shall be extended through November 30, 2000.
2. The base rent, as provided in paragraph 3, shall be increased to twenty
four thousand two hundred fifty dollars ($24,250.00) per month beginning
December 1, 1998 and continuing to November 30, 2000.
3. The security deposit shall be increased from $18,541.00 to $24,250.00.
4. Tenant acknowledges that there exists a license from the Principal
Mutual Life Insurance Company which permits the Tenant to pay rent to San ▇▇▇▇▇
Investors II. ▇▇▇▇▇▇ further acknowledges that the Principal Mutual Life
Insurance Company has the right to revoke such license and that upon such
revocation the Tenant will pay rent at such address as the Principal Mutual Life
Insurance Company may direct by written notice to Tenant.
5. Landlord will provide the following improvements at Landlord's expense:
a. new restroom floor tile
b. repaint restroom walls and toilet partitions
c. install new building standard light fixtures in restrooms
d. repair or replace carpet as shown on "Exhibit 1" to this renewal
6. All other terms and conditions of said Lease shall remain the same and
in full force and effect.
If the foregoing is acceptable, please have the appropriate party sign and
return both copies to me at your earliest convenience. A fully executed copy
will be returned to you.
Sincerely, AGREED & ACCEPTED:
/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
COMMERCE COMMUNITIES CORP. By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇, Trustees
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San ▇▇▇▇▇ Investors II, Landlord
/s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Date:
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
President
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
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Applied Imaging Corp., Tenant
Date: 12/3/98
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