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Exhibit 10.43
AMENDMENT TO
TRIPLE
NET
LEASE
WHEREAS,
CORDOVA ASSOCIATES, LLC, a Florida limited Liability Company
(“Lessor”), and NT CORPORATION, A Delaware Corporation
(“Lessee”), entered into a Triple Net Commercial Lease
(“Lease”) dated September 7, 2000; and
WHEREAS, Lessor
and Lessee desire to amend certain terms of said Lease; it is
therefore, for good and valuable consideration, the receipt of
which is hereby acknowledged. Agreed as follows:
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1.
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Effective on
December 1, 2001, Lessee shall lease the 40,000 square feet on
floor two pursuant to the terms set forth in 1.01 of the Lease.
This shall be deemed to be the second year of the Lease and the
rent will change on December 1, 2005.
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2.
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Lessor has
previously paid to Lessee $10.00 per square foot for the
construction of improvements to the first floor.
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3.
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Lessee shall
have an option to lease the first floor effective on December 1,
2003, for 156 months, on the payment terms set forth in 1.01 of the
Lease and subject to all other terms of the Lease except as amended
herein. This option shall expire on November 30, 2003, and must be
exercised in writing delivered to Lessor no later htan May 31,
2003. If exercised, the rent payments will be determined as being
in the third year of the first five years and the rent will
increase on December 1, 2005.
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4.
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If the option
set forth in paragraph 3 is not timely exercised, Lessee shall pay
to Lessor the sum of One Million, Two Hundred and Eighty Thousand
Dollars ($1,280,000.00) for failing to exercise the option and in
consideration of the execution of this Amendment by Lessor. This
payment will be due in cash in one payment made
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