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EXHIBIT 10.27
FIRST AMENDMENT OF
LEASE
THIS FIRST AMENDMENT OF LEASE (this
“FIRST Amendment”) dated this 28th day of September,
2001, is by and between 475 - 17TH STREET, CO., a Limited
Partnership (“Landlord”) and Collis P. Chandler III,
(“Tenant”).
RECITALS:
| A. |
Landlord and Tenant entered into a certain Office Building
Lease, dated January 31, 2000 (the “Base Lease”).
The Base Lease and this First Amendment of Lease shall hereinafter
be referred as “Lease” pertaining to certain premises
located in the building commonly known as The 475 17th Street
Building, Suite 860, 475 17th Street, Denver, Colorado 80202 (the
“Original Premises”), as more particularly described in
the Lease. |
| B. |
Terms defined in the Base Lease and delineated herein by
initial capital letters shall have the same meaning ascribed
thereto in the Lease except to the extent that the meaning of such
term is specifically modified by the provisions hereof. |
NOW, THEREFORE, in consideration of the
mutual covenants as hereinafter set forth, and other good and
valuable consideration, the receipt and adequacy of which is hereby
acknowledged, the parties hereto agree as follows:
| 1. |
Recitals : The foregoing recitals are true and correct
and incorporated herein by this reference. |
| 2. |
Relocation and Expansion : Landlord agrees to allow
Tenant to relocate with an expansion to Suite 544 consisting of
approximately 1,414 rentable square feet (r.s.f.)
(“Premises”). |
| 3. |
Term: The Primary Lease Term shall commence
October 1, 2001, (“Commencement Date”) and
terminate January 31, 2003 (the “Termination
Date”). |
| 4. |
Base Rate : Commencing October |
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