|
Exhibit
10.12.1
First Extension of Lease
Agreement
This First Extension of Lease Agreement
dated July 27, 2007 is made by and between Ernest &
Alice Mark Family Trust and Michael & Sally Mark Family
Trust (Lessor) and Signature Special Event Services, Inc., a
Maryland corporation, Tax ID 20-5692946 (Lessee).
Relative to that certain Lease Agreement
dated May 13, 2004, covering the period July 1, 2004 to
July 31, 2007, for the premises commonly known as 12345 E.
Slauson, Whittier, California, County of Los Angeles.
TERM:
Term shall be two (2) years,
commencing August 1, 2007 and ending July 31,
2009.
RENT:
Lessee shall pay to Lessor,
as Rent on the 1 st day
of each month of the term hereof, monthly payments in advance of
Nineteen Thousand Two Hundred Seventy Two Dollars ($19,272.00)
exactly per month gross for months 1 thru 12; Twenty Two Thousand
Seven Hundred Seventy Six Dollars ($22,776.00) exactly per month
gross for months 13 thru 24 of the Extended Lease term
herein.
SECURITY DEPOSIT:
The Security Deposit Remains:
$31,536.00
OPTION TO RENEW:
Provided Lessee is not then in default
under any of the terms and conditions of the Lease Agreement,
Lessee shall have the option to extend the term of this First
Extension of Lease dated July 25, 2007 for three
(3) additional periods of one (1) year each by notifying
Lessor in writing of Lessee’s election to do so not later
than six (6) months prior to the expiration of this First
Extension of Lease and each successive one (1) year option
period. It is understood and agreed that the same terms and
conditions as contained in the original Lease Agreement and First
Extension of Lease shall continue for each one year option period
except that the rental rate as shown above shall be adjusted upward
annually to the following rates:
First One (1) Year Option to Renew
– Twenty Two Thousand Seven Hun
| 
