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AMENDMENT OF LEASE

Lease Agreement

AMENDMENT OF LEASE | Document Parties: Medtox Laboratories, Inc | St Paul Properties, Inc You are currently viewing:
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Medtox Laboratories, Inc | St Paul Properties, Inc

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Title: AMENDMENT OF LEASE
Date: 5/30/2007

AMENDMENT OF LEASE, Parties: medtox laboratories  inc , st paul properties  inc
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Exhibit 10.1

AMENDMENT OF LEASE

 

DATE:

May 25, 2007

 

BETWEEN:

St. Paul Properties, Inc.

 

(A Delaware Corporation)

("Lessor")

 

AND:

Medtox Laboratories, Inc.

 

(A Delaware Corporation)

("Lessee")

 

 

LESSOR and LESSEE hereby agree as follows:

 

1.

In the Amendment of Lease:

 

 

(a)

"Premises" means that certain real property located in the City of Roseville, County of Ramsey and State of Minnesota.

 

 

(b)

"Building" means that certain building containing approximately 48,000 square feet located upon the Premises and commonly described as 2021-2033 County Road C-2 West.

 

 

(c)

"Demised Premises" means that certain portion of the Building, located at 2033 County Road C-2 West consisting of approximately 30,000 square feet as set out in the Lease.

 

 

(d)

"Lease" means the Lease between Lessor and Lessee, dated July 28, 2000 covering the Demised Premises.

 

 

(e)

"Amendment Date" means the 31st day of August, 2007.

 

2.

Effective on the Amendment Date, the definition of "Term" as described in the Lease is deleted, and the following is substituted therefore:

 

Term:

 

"For and in consideration of the rents, additional rents, terms, provisions and covenants herein contained, Lessor hereby lets, leases and demises to Lessee the Demised Premises for the term of 144 months, commencing on the 1st day of September, 2000 (sometimes called the "Commencement Date"), and expi


 
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