EXHIBIT 10.2
FIRST AMENDMENT TO LEASE
DATED MARCH 15, 2010
BETWEEN
THE BLOOM ORGANIZATION OF SOUTH JERSEY, LLC (LANDLORD)
AND
TELVUE CORPORATION (TENANT)
PURSUANT to a Lease dated March 1, 2010 for 8,732 square feet of space known as 16000 Horizon Way, Suite 500, Mount Laurel, New Jersey; between the aforementioned parties, the following changes shall be made:
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| 1. | PREMISE: | 16000 Horizon Way, Suite 500 |
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| Mount Laurel, New Jersey |
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| 2. | SIZE: | 8,732 square feet |
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| 3. | OPERATING |
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| EXPENSE |
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| ALLOCATION: | The 2009 base year Operating Expense Allocation |
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| in Article 5 of the Lease titled “Additional Rent” is |
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| $2,795 per month; $3.84 per square foot. |
All other terms and conditions of the original Lease will remain in full force and effect.
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| THE BLOOM ORGANIZATION | |
| OF SOUTH JERSEY, LLC, (Landlord) | |
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| By: | /s/ Frank Martin |
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| Frank Martin, President |
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| TELVUE CORPORATION, (Tenant) | |
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| By: | /s/ Jesse Lerman |
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| Name: | Jesse Lerman |
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| Title: | President & CEO |
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