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ADDENDUM

Addendum or Modifications

ADDENDUM | Document Parties: SKECHERS USA INC You are currently viewing:
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SKECHERS USA INC

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Title: ADDENDUM
Date: 3/15/2004
Industry: Footwear     Sector: Consumer Cyclical

ADDENDUM, Parties: skechers usa inc
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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


 
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