Exhibit 10.72
SECOND AMENDMENT TO LEASE
AGREEMENT
SECOND
AMENDMENT TO LEASE AGREEMENT dated as of this 6 day of August, 2009
by Diamond Chip Group, L.L.C., a limited liability company
organized under the laws of the state of Georgia
(“Landlord”) and SED International, Inc., a corporation
organized under the laws of the state of Georgia
(“Tenant”). Collectively, the Landlord and Tenant are
referred to hereinafter as the “Parties”.
WITNESSETH:
WHEREAS, Landlord and Tenant entered into that certain lease
agreement, dated April 1, 1999, as amended on September 19, 2005
(the “Lease”) for the use and occupancy of the Premises
located at 4916 North Royal Atlanta Drive, Tucker, Georgia 30084;
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WHEREAS, the Term of the Lease will expire at midnight on
September 30, 2009 unless the Parties to extend the
Term;
WHEREAS, the Parties wish to extend the Term of the Lease
for an additional two (2) year period beginning on October 1, 2009
and ending at midnight September 30, 2011, reduce the Base Annual
Rent by $43,000 per annum during such extension period and make
certain modifications to the Lease;
NOW, THEREFORE, in consideration of the sum of ten dollars
($10.00) paid by Tenant to Landlord, the receipt and sufficiency of
which are hereby acknowledged and for other good and valuable
consideration, the Parties hereto agree as follows:
1.
Capitalized terms . Capitalized terms used but not defined
herein shall have the same meaning ascribed to them in the
Lease.
2.
Term . Section 1.01 of the Lease is hereby amended and as
amended shall read as follows:
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1.01.
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Term . The “Term” of this Lease begins
on the Lease Date specified above and ends at midnight on September
30, 2011.
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3.
Base Rent . Section 3.