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LEASE AGREEMENT

Lease Agreement

LEASE AGREEMENT | Document Parties: OPTIUM CORP | Optium, Inc., You are currently viewing:
This Lease Agreement involves

OPTIUM CORP | Optium, Inc.,

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Title: LEASE AGREEMENT
Governing Law: Pennsylvania     Date: 6/29/2006

LEASE AGREEMENT, Parties: optium corp , optium  inc.
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                                                                    Exhibit 10.6

                                 LEASE AGREEMENT

       THIS LEASE AGREEMENT, made this 5th day of April, 2001 by and between
Optium, Inc., a Delaware Corporation, (hereinafter referred to as Lessee) and
Leo Palau, 804 Lakeview Drive, Maple Glen, PA 19002, (hereinafter referred to as
Lessor).

       WITNESSETH:

       The Lessor, for and in consideration of the prompt payment of the rent as
specified in this Agreement as well as the performance of all of the covenants,
promises and agreements contained in this Agreement upon the part of the Lessee
doeshereby demise and Lease to the Lessee and Lessee does hereby Lease from the
Lessor the premises situate at 100 Highpoint Drive, Chalfont, Bucks County, PA,
Suite 103, comprising of approximately 8,707 square feet.

I.      TERM

       A.      TERM

       Except if the Lessee exercises the Option to Renew per paragraph XV, the
term of this Lease shall nine and one half (9 1/2) months commencing on April
15, 2001, (the Commencement Date) and terminating on January 31, 2002. In the
event that Lessor is unable to give possession of the demised premises, as
herein provided, by reason of any cause beyond the control of Lessor, the Lessor
shall not be liable in damages to the Lessee therefore and during the period
that Lessor is unable to give possession, all rights and remedies of both
parties hereunder shall be suspended.

       B.      TERMINATION

       This Lease shall expire at the end of the term as defined in paragraph
I.A., provided that in the event that the Lessee shall for any reason, fail to
vacate the Leased Premises at the expiration of the term of this Lease, the
Lessee shall be deemed to be a "hold-over" Lessee and liable for additional
rents provided in Paragraph II, Section E.

II.     RENT

       A.      BASE RENT

       The monthly rental payments shall be $12,334.92 per month.

       Rental payments shall be payable at the offices of the Agent as set forth
below. The first months rental payment shall be due payable upon the execution
of this Lease.

       B.      UTILITIES

       Lessee shall be responsible for payment of all utility services including
heat, water, sewer, electricity, air conditioning and gas (if applicable). If
requested by Lessor, Lessee shall produce paid receipts for said utilities upon
the demand of Lessor.

       C.      TAXES AND CONDOMINIUM ASSOCIATION FEE

       Lessor shall be responsible for and pay all real estate taxes and
Condominium Association fees, as shall be in effect as of the Commencement Date.

       D.      RENTAL PAYMENTS

       All rental payments shall be due and payable on or before the first day
of each calendar month during the term of this Lease. In the event that Lessee
shall not pay any payment of rent within five (5) days after the due date, a
late charge of ten percent (10%) of the base rental payment and additional
rental payment due shall be charged and payable with the next rental payment.

                                       - 1 -
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       E.      RENT WHILE HOLDING OVER

       In the event that Lessee is classified as a hold-over Lessee pursuant to
paragraph I.B. above, then in addition to the rents provided for above, Lessee
shall pay an additional monthly rental of fifty percent (50%) of the total
aforementioned rents.

III.    RIGHTS AND OBLIGATIONS OF LESSEE

       A.      USE OF PREMISES

       Lessee shall use the leased premises for office and light manufacturing
purposes and no other purpose. Lessee shall be responsible for the acquisition
of any and all permits for such use from any municipal or governmental authority
or agency at its own cost and expense.

       B.      FIXTURES AND EQUIPMENT

       All trade fixtures, equipment, appliances, decorations, etc., installed
by Lessee in the Leased Premises shall remain the sole property of the Lessee,
provided, however, that Lessee shall repair any damages caused by the removal of
such fixtures, equipment, appliances, decorations, etc., from the Leased
Premises at the termination of this Lease as provided herein. Furthermore,
Lessee shall have use of the modular furniture located in the Leased Premises
during the term of the Lease.

       C.      WASTE AND NUISANCE

       Lessee shall not commit or suffer to be committed any waste or any
nuisance or other act or thing which may disturb the Lessor or any other person
to whom the Lessor has any duty.

       D.      GOVERNMENTAL REGULATIONS

       Lessee shall at Lessee's sole cost and expense, without notice or demand
from Lessor, comply with and faithfully observe all requirements of all
municipal, county, state, federal and other governmental authorities having
jurisdiction, now in force or which may hereafter be enforced, pertaining to the
use of the Leased Premises.

       E.      IMPROVEMENTS

       Lessee shall not make any alterations, additions or improvements to the
Leased Premises without the prior written consent of Lessor. Consent for
non-structural alterations, additions, or improvements shall not be unreasonably
withheld by Lessor. Lessee shall comply with all governmental rules and
regulations in connection with such work, and shall prevent any lien or
obligation from being created against or imposed upon the Leased Premises and
will discharge all liens and charges for services rendered or materials
furnished immediately after such liens occur or said charges become due and
payable Such alterations, additions or improvements shall become part of the
real property and remain the property of Lessor on termination of the Lease.

       At all times when any change or alteration is in progress, there shall be
maintained, at Lessee's expense, Workmen's Compensation Insurance in accordance
with the law, covering all persons employed in connection with the change or
alteration, and general liability insurance of the mutual benefit of Lessee and
Lessor, expressly covering the additional hazardsdue to the change or
alteration.

       F.      SIGNS

       Lessee may not install any signs or posters on the exterior of the
building in which the Leased Premises are located or at any other location
adjacent to the said building or install, display or use any signs except as
shall be permitted by the Lessor. Lessee shall comply with all other rules and
regulations imposed by the Lessor or any municipal or other authority exercising
jurisdiction over such matters.

                                      - 2 -
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IV.     MAINTENANCE BY LESSEE

       Lessee shall provide complete janitorial services to the premises at
least on a weekly basis and shall be responsible for the cost of such services.

       Lessor reserves the right to visit the premises at reasonable times and
with reasonable notice.

       Lessee shall not be responsible for any damage by fire elements or
unavoidable casualty or other catastrophe cause to premises which shall not be
due to the negligence of the Lessee, Lessee's employees, agents or servants.

       Lessor shall have the leased premises and all building services including
sanitary services in good working order.

V.      INSURANCE AND INDEMNITY

       A.      LIABILITY INSURANCE REQUIRED OF THE LESSEE

       Lessee, at its own expense, shall provide and maintain in force during
the term of this Lease, liability and property damage insurance in the amount of
One Million Dollars ($1,000,000.00) on a combined single-limit basis, covering
Lessor as well as Lessee, with one or more responsible insurance companies duly
authorized to transact business in Pennsylvania, listing Lessor as an additional
insured and loss payee. Lessee shall furnish Lessor with certificates of all
insurance required by this section. If Lessee does not maintain such insurance
in full force and effect, Lessor may notify Lessee of such failure and if Lessee
does not deliver to Lessor within ten (10) days after such notice, certification
showing all such insurance to be in full force and effect, Lessor may at its
option, take out the necessary insurance to comply with the provisions hereof
and pay the premiums on the itemsspecified in such notice and Lessee covenants
thereon on demand to reimburse and pay Lessor any amounts paid or expended in
the amount of the insurance premiums required hereby and specified in the
notice, with interest thereon at the rate of eight (8%) percent per annum from
the date of such payment by Lessor until repaid by Lessee.

       B.      FIRE INSURANCE

       Lessor shall maintain and keep in force and effect or cause to be
maintained and kept in force and effect a policy of fire insurance covering the
exterior of the premises of which the Leased Premises is a part and Lessee shall
be responsible for fire insurance covering the Leased Premises and contents,
with Lessor listed as loss payee as its interest appear.

       C.      INDEMNIFICATION OF LESSOR

       Except for claims arising out of acts caused by the negligence of the
Lessor or its representatives, Lessee will indemnify Lessor to the extent that
the loss is not covered by insurance and save Lessor harmless from and against
any and all claims, actions, damages, liability and expense in conjunction with
the loss of life, an occurrence in, upon or at the Leased Premises or the
occupancy or use by Lessee of the Leased Premises or any part thereof, or
occasioned wholly or in part by any act or omission of Lessee, his agents,
contractors, employees, or servants. In case Lessor shall have been made a party
to any litigation commenced by or against Lessee, then Lessee shall protect and
hold Lessor harmless and shall pay all costs, expenses and reasonable attorney's
fees incurred or paid by Lessor in connection with such litigation. This
indemnification shall exclude claims made by Lessee against Lessor. Lessee shall
also pay all costs, expenses and reasonable attorney's fees that may be incurred
or paid by the Lessor in enforcing the covenants and agreements of this Lease.

       D.      WAIVER OF SUBROGATION

       Lessor and Lessee hereby release each other from any and all liability or
responsibility to the other or any one claiming through or under them by way of
subrogation or otherwise for any loss, damage or injury to property or persons,
including death, covered by any insurance then in force, even if such loss or
damage shall have been caused by the fault or the negligence of the other party,
or anyone for whom such party may be responsible. All policies of insurance
referred to herein shall contain a clause(s) or endorsement(s) acknowledging
such waiver of subrogation and also to the effect that this mutual release shall
not adversely affect or impair said insurance

                                      - 3 -
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or prejudice the right of any insured to recover thereunder.

VI.     DESTRUCTION OF LEASED PREMISES

       A.      MINOR DAMAGE

       If the Leased Premises shall be damaged by fire, the elements or
unavoidable casualty, but are not rendered materially unusable in whole or in
part, Lessor shall at its own expense and costs, promptly cause such damage to
be repaired and the rent shall not be abated.

       B.      PARTIAL DESTRUCTION

       If by reason of such occurrence, the Leased Premises are rendered
materially unusable in part, the Lessor shall at its own expense, promptly cause
the damage to be repaired and the rent shall meanwhile be abated on a prorata
basis.

       C.      TOTAL DESTRUCTION

       If the Leased Premises shall be rendered wholly unusable by reason of
total destruction, this Lease shall terminate upon he option of either the
Lessor or the Lessee and if so terminated, both parties shall be released from
any further liability under it.

VII.    EMINENT DOMAIN

       A.      TOTAL CONDEMNATION OF LEASED PREMISES

       If the whole of the Leased Premises shall be acquired or condemned by
eminent domain for any public or quasi-public purpose, Lessee shall have the
right to terminate this Lease at any time after the date of title vesting in
such proceedings. All rental shall be prorated as of the date of such
termination.

       B.      LESSOR'S DAMAGES

       In the event of any condemna


 
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