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Exhibit 10.9(a)
ADDENDUM #2
TO
STANDARD INDUSTRIAL/COMMERCIAL
MULTI-TENANT LEASE - MODIFIED NET
BY AND BETWEEN RICHARD AND DONNA PIAZZA,
TRUSTEES OF THE PIAZZA FAMILY TRUST ("LESSOR")
AND SKECHERS U.S.A., INC. ("LESSEE")
THIS ADDENDUM shall modify, delete from and
add and replace by substitution to
the STANDARD INDUSTRIAL/COMMERICAL
MULTI-TENANT LEASE -- MODIFIED NET, dated
July 1, 1999, for the Premises commonly
known as 1108 (1108B) Manhattan Avenue,
Manhattan Beach, California ("Lease").
Where any Article, Paragraph,
Subparagraph or Clause of the Lease thereof
is modified or deleted by this
Addendum, the unaltered provisions of that
Article, Paragraph, Subparagraph or
Clause shall remain in effect. If and to
the extent that this Addendum is
inconsistent with the Lease, this Addendum
shall control.
58. OPTION. Notwithstanding anything
contained in the Lease to the contrary,
Lessee shall have an additional one (1)
time option to extend the term of the
Lease for an additional five (5) years
(i.e., March 1, 2007 to February 28,
20012) pursuant and subject to the terms,
covenants and conditions of the lease,
except that the Base Rent shall be
determined pursuant to Paragraph 50. Lessee
shall provide written notice to Lessor of
Lessee's intention to extend the Lease
pursuant to this Option prior to the
expiration of the Original Term at lease
one hundred eighty (180) days but not more
than tow hundred seventy (270) days
prior to such expiration. All other
provisions related to the payment of rent
under the terms of the Lease shall remain
in full force and effect.
59. AUTHORIZATION FOR CONSTRUCTION. Lessor
authorizes Lessee to commence
construction of the Tenant Improvements to
the Premises in line with and subject
to the restriction contained hereinafter.
In conjunction with this
auth