FIRST AMENDMENT TO OFFICE BUILDING LEASE AGREEMENT
RECITALS
A.
HEALTHRENU
MEDICAL, INC. ("Tenant") and DENMARK HOUSE INVESTMENT,
LTD., a Texas limited partnership, ("Landlord"), entered into
that
certain Lease Agreement effective as of the 30th day of June
2004
("Lease"), in regard to the leasing of that certain space
containing
approximately 1,692 square feet, (the "Premises") at the office
building
located at 12777 Jones, Houston, TX 77070 (the "Project").
B.
Tenant and
Landlord desire to amend certain provisions of the Lease,
effective as of the 1st day of January 2006;
NOW THEREFORE, for good, valuable and sufficient consideration
received,
Landlord and Tenant hereby agree as follows:
AGREEMENT
1.
On the
Effective Date, the term of the Lease shall be modified to
expire on the 31st day of January 2009.
2. On the Effective Date,
the Leased Premises shall be increased by 786
non-contiguous square feet of Net Rentable Area ("Increased
Lease
Premises"), as outlined on the attached Exhibit "A-1".
3.
Upon
execution of this agreement, Tenant shall deposit with Landlord
the sum of One Thousand Eighty and 75/100 Dollars ($1,080.75)
as
additional deposit ("Security Deposit") associated with the
Increased Lease Premises.
4.
On the
Effective Date, the Base Rent shall increase to Three
Thousand One Hundred Ninety-Five and 75/100 Dollars ($3,195.75)
per
month through the 31st day of January 2006. Effective the 1st day
of
February 2006, the Base Rent shall increase to Three Thousand
Four
Hundred Seven and 25/100 Dollars ($3,407.25) per month through
the
31st day of January 2007. Effective the 1st day of February
2007,
the Base Rent shall increase to Three Thousand Five Hundred Ten
and
50/100 Dollars ($3,510.50) per month through the 31st day of
January
2008. Effective the 1st day of February 2008, the Base Rent
shall
increase to Three Thousand Six Hundred Thirteen and 75/100
Dollars
($3,613.75) per month through the 31st day January 2009.
5.
Landlord
and Tenant agree to incorporate herein by this reference,
the following Sections which were intentionally stricken from
the
Lease: Section 5.02 Additional Rent, Section 5.05 Payment of
Additional Rent (a) and (b), Section 5.06 Gross Up, Section
5.07
Right to Audit or Inspect and Section 12.03 Casualty During the
Last
Two Years. These Sections pertain to the Premises and the
Increased
Lease Premises where applicable. These Sections are defined on
the
attached Exibit "D".
6.
Landlord
agrees to furnish and install Building Standard Leasehold
Improvements within the Premises and the Increased Lease
Premises
collectively, at an allowance not to exceed $2.10 per rentable
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square foot. Leasehold Improvements shall be based upon plans
and
specifications approved by Landlord and Tenant and preliminary
remodel proposals presented by Ray Scaggs Construction Company
dated
November 1, 2005 and Prime Flooring Building Systems, Inc.
dated
October 27, 2005. Additionally, the sink and faucet will be
replaced
and an interior passage set will be replaced with a lockset
within
the Premises. The locks on the entry door to the Increased
Lease
Premises will be keyed to match the Premises and a name plaque
and
directory strip will be provided. Except as set forth above,
Landlord shall have no further obligation to make any further
Leasehold Improvements or bear any costs associated with
Leasehold
Improvements.
7.
Tenant,
upon paying the rent herein reserved and performing all the
terms, covenants and conditions herein contained on its part to
be
kept and performed, shall be granted a right to renew and
extend
this agreement (the "Renewal Option") for one (1), three (3)
year
period following the expiration of this Amendment to Office
Lease
Agreement. Tenant shall be required to provide Landlord with six
(6)
months prior written notice and shall not