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Exhibit 10.15
(Plum Tree—2601 Midpoint Drive)
THIS LEASE EXTENSION AGREEMENT is made and entered into this 20th day of October 2003.
| LANDLORD: | The Landlord is GB Ventures, LLP. |
TENANT: | The Tenant is Heska Corporation |
LEASE AGREEMENTS: | That certain Lease Agreement between Landlord and Tenant dated August 24, 1999 and Lease Addendum #1 dated October 6, 1999. |
PREMISES: | The Leased Premises consist of approximately 11,628 square feet at 2601 Midpoint Drive, Suites B, C, D, E and F, Fort Collins, Colorado, in the project commonly known as Plum Tree Plaza. |
CURRENT LEASE EXPIRATION: | October 1, 2004. |
NEW LEASE EXPIRATION: | May 31, 2005. |
EXTENSION PERIOD BASE MONTHLY RENTAL RATE: | |||
The base monthly rental rate for the Lease Extension Period shall be as follows: | |||
October 1, 2004 to May 31, 2005 | $9,844.09/month NNN with a Consumer Price Index increase (3%min - 6%max) on: October 1, 2004 | ||
OPTION TO EXTEND: | Tenant shall have one (1) option to extend the term of this Lease for one (1) year at same rental rate plus a Consumer Price Index increase (3%min - 6%max) on October 1, 2005. Tenant shall give written notice to landlord no later than May 31, 2004. |
BROKERAGE FEE: | A brokerage fee shall be paid to Equis Corporation per separate agreement. |
OTHER TERMS & CONDITIONS: | All other terms and conditions of that Lease Agreement between Landlord and Tenant dated August 24, 1999 and Lease Addendum #1 dated October 6, 1999 which have not been superseded by terms and conditions of this Lease Extension Agreement #1, shall remain the same. |
OFFER PERIOD: | This Lease Extension offer shall remain in effect throughOctober 27th, 2003. |
LANDLORD: | TENANT: | |||
GB VENTURES, LLP | HESKA CORPORATION | |||
/s/ WILLIAM W. REYNOLDS | /s/ JASON A. NAPOLITANO | |||
| By: | WILLIAM W. REYNOLDS, Managing Partner | By: | JASON A. NAPOLITANO Executive Vice President and Chief Financial Officer | |
LEASE EXTENSION AGREEMENT #1