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SECOND AMENDMENT TO
LEASE
This SECOND
AMENDMENT TO LEASE (this “Amendment”) is entered into
as of November 24, 2008 (the “Effective Date”) by
and between JEPCO DEVELOPMENT COMPANY LLC, an Oregon limited
liability company, as successor-in-interest to Jepco Development
Company, a general partnership (“Lessor”), and LACROSSE
FOOTWEAR, INC., a Wisconsin corporation
(“Lessee”).
A. Lessor and
Lessee are parties to that certain Lease, dated as of
March 14, 1994, as amended by that certain Lease Amendment and
Option Exercise (the “First Amendment”) dated as of
April 17, 1998 (the “Lease”), pursuant to which
Lessor leases to Lessee, and Lessee leases from Lessor, certain
real property located at 12722 NE Airport Way in the City of
Portland, Oregon and more particularly described in the Lease (the
“Premises”).
B. The term
of the Lease was originally set to expire on March 13, 2004.
By entering into the First Amendment, Lessee exercised its first
option to extend the term of the Lease and the Lease is now set to
expire on March 13, 2009.
C. Lessor and
Lessee now desire to extend the First Extended Term of the Lease to
May 31, 2010, to increase the rent payable under the Lease,
and to make certain other amendments to the Lease, all upon the
terms and conditions set forth herein.
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