FOURTH AMENDMENT TO
LEASE
This Fourth
Amendment to Lease, made and entered into this the 25th day of
September 2008 by and between DEARBORN ATRIUM ACQUISITION,
LLC, a Michigan company [successor in interest to Dearborn Tech,
LLC] (hereinafter referred to as “Landlord”), and
Tech Team Global, Inc., a Delaware corporation, (hereinafter
referred to as “Tenant”)
WHEREAS,
Landlord’s predecessor in interest, Dearborn Atrium
Associates Limited Partnership and Tenant, entered into a Lease
Agreement dated 18 th day of November, 1996, and subsequently amended
by First Amendment to Lease Agreement/Letter dated July 22,
1997, Second Amendment to Lease dated January 13, 2004 and
Third Amendment to Lease Agreement dated November, 2004
(hereinafter referred to as “Lease Agreement”) by the
terms of which Landlord leased to Tenant that certain Premises
known as Space 200, containing approximately Thirty Thousand One
Hundred Eighty-four (30,184) square feet (hereinafter referred to
as “Premises”) and located in Dearborn Atrium, 835
Mason Street, Dearborn, Michigan.
WHEREAS, said
Lease Agreement expired, and Landlord and Tenant now mutually
desire to amend and extend the Term of said Lease Agreement in
certain particulars.
NOW, THEREFORE,
FOR AND IN CONSIDERATION of the mutual covenants and agreements
herein contained, and the payment of Ten Dollars ($10.00) by each
party to the other, the receipt and sufficiency of which is hereby
acknowledged, Landlord and Tenant mutually agree as
follows:
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1.
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The
Term of the Lease Agreement shall be extended for a period of One
(1) year commencing October 1, 2008 and expiring on
September 30, 2009.
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2.
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Commencing October 1, 2008, The
Annual Basic Rent, as set forth in Section 1 (G) is
amended to Three Hundred Ninety-Eight Thousand Two Hundred
Twenty-Three and No/100
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