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EXHIBIT 10.10
SECOND AMENDMENT TO LEASE
THIS AMENDMENT, made and entered into this 17th day of March, 1997, by
and between CROWN WEST REALTY, L.L.C., hereinafter called "Lessor" and TELECT,
INC., a Washington corporation, hereinafter called "Lessee."
RECITALS
THAT WHEREAS, on July 5, 1995, the Lessor and Lessee entered into an
agreement of lease covering those certain premises, situated in the County of
Spokane, the State of Washington, and more particularly described as follows:
3808 North Sullivan Road, Buildings #5 and #12, within an
organized industrial district called "Spokane Business &
Industrial Park" Spokane, Washington, comprising approximately
56,000 and 60,000 square feet respectively (both buildings
totaling 116,000 square feet), for a five year period commencing
on the first day of October, 1995. Lessee then exercised a First
Amendment to Lease for an additional 8,000 square feet in
Building #12 on a month-to-month basis effective October 14,
1996.
WHEREAS, the said Lessee now desires to lease an additional 28,000
square feet in the West Center Bay of Building #16 commencing April 1, 1997, and
terminating September 30, 1997, at the same rental rate per square foot as
Lessee is currently paying.
NOW, THEREFORE, in consideration of the Premises and agreements herein
contained, it is hereby agreed as follows:
1. Additional Premises: 28,000 square feet in the West Center Bay
of Building #16.
2. Rent: Additional monthly rent shall be $5,533.00 commencing
April 1, 1997.
3. Term: The term of the additional Premises shall commence on
April 1, 1997, and expire on September 30, 2000. Lessee will be
responsible for 144,000 square feet of building space in the
Spokane Business and Industrial Park through September 1997.
Then, Lessee may at Lessee's option, reduce the square footage
to 116,000 square feet; comprising of 88,000 square feet in
Building #12 and 28,000 square feet in Building #16.
4. Alterations: Lessor shall install, at Lessor's expense, (1)
carpeting in the balance of the current office and approximately
900 square feet of expansion office in the West Center Bay of
Building #16 to match the existing carpeting; (2) a new entry
way into Building #16. Lessee shall pay Lessor up to $350.00 for
the installation of a glass entry door.
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EXCEPT for the new terms and conditions listed above, all other terms
and conditions shall remain in full force and effect per the July 5, 1995, lease
agreement.
IN WITNESS WHEREOF, the said Lessor and Lessee have executed this
amendment to lease in duplicate the day and year first written above.
LESSOR LESSEE
CROWN WEST REALTY, L.L.C. TELECT, INC., a Washington corporation
By: By:
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Rob B. Gragg Harold D. Alexander
Its: Asset Manager Its: Senior Vice-President.
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