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FIRST AMENDMENT TO LEASE

Lease Agreement

FIRST AMENDMENT TO LEASE | Document Parties: FORTUNET, INC. | FKC HIGHLAND, LLC You are currently viewing:
This Lease Agreement involves

FORTUNET, INC. | FKC HIGHLAND, LLC

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Title: FIRST AMENDMENT TO LEASE
Governing Law: Nevada     Date: 9/4/2008
Industry: Casinos and Gaming     Sector: Services

FIRST AMENDMENT TO LEASE, Parties: fortunet  inc. , fkc highland  llc
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Exhibit 10.18

FIRST AMENDMENT TO LEASE
 

 

This Lease("Lease"), dated for reference purposes onlyAugust 28, 2008,  is made by and between  FKC Highland, LLC, a Delaware limited liability company  (“Landlord”) and Fortunet, Inc., a Nevada corporation (“Tenant"), (collectively the "Parties", or individually a "Party").

 
  RECITALS

 

 

A.

Landlord and Tenant are parties to that certain lease dated May 6, 2005 (collectively, the "Lease").  Pursuant to the Lease, Landlord has leased to Tenant space currently containing approximately 21,922 +/ - rentable square feet (the “Premises”) described as 2950 Highland Drive, Suites C and D , Las Vegas, NV 89109 (the "Building").



 

 

B.

By this Amendment, Landlord and Tenant desire to modify the Lease as provided herein.  The parties desire to extend the Term as provided herein.



 

 

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:




AGREEMENTS

1.  

LEASE TERM. Landlord and Tenant agree to extend the term of the lease for thirty four (34) months,  and shall expire on September 30, 2013 (“Expiration Date”).


2.  

BASE RENT SCHEDULE. Monthly Base Rent shall be payable in advance on the first day of each month, per paragraph 4.1 of the Master Lease in accordance with the following schedule.


 

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