EXHIBIT 10.1
SECOND 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") and
Amendment to Office Building Lease Agreement effective as of the 1st day
of January 2006, in regard to the leasing of that certain space containing
approximately 2,478 square feet, (the "Premises") at the office building
located at 12777 Jones Road, Houston, Texas 77070 (the "Project").
B. Tenant and Landlord desire to amend certain provisions of the Lease,
effective as of the 1st day of May 2006 (the "Effective Date");
NOW THEREFORE, for good, valuable and sufficient consideration received,
Landlord and Tenant hereby agree as follows:
AGREEMENT
1. On the Effective Date, the Leased Premises shall be decreased by 786
non-contiguous square feet of Non Rentable Area ("Decreased Lease
Premises"), as outlined on the attached Exhibit "A-2".
2. On the Effective Date, the Base Rent shall decrease to Two Thousand Three
Hundred Sixty-two and 50/100 Dollars ($2,362.50) per month through the
31st day of January 2007. Effective the 1st day of February 2007, the Base
Rent shall increase to Two Thousand Three Hundred Ninety-seven and 00/100
Dollars ($2,397.00) per month through the 31st day of February 2008, the
Base Rent shall increase to Two Thousand Four Hundred Sixty-seven and
50/100 Dollars ($2,467.50) per month through the 31st day January 2009.
3. Tenant shall reimburse Landlord for all costs associated with the early
termination ("Termination Fee"). The total sum of the Termination Fee due
from Tenant to Landlord is One Thousand Eight Hundred Twelve and 57/100
Dollars ($1,812.57). This amount represents the unamortized leasing costs
associated with the original leasing of the Decreased Leased Premises, as
defined in the First Amendment to Office Building Lease Agreement and a
termination penalty charge. These costs are Seven Hundred Thirty-one and
84/100 Dollars ($731.84) and One Thousand Eighty and 75/100 Dollars
($1,080.75) respectively. Landlord agrees to deduct the Security Deposit
on file from the Termination Fee, reducing the Termination Fee due to
Seven Hundred Thirty-one and 84/100 Dollars ($731.84). Tenant must remit
payment of the Termination Fee to Landlord on or before the 5th day of
May, 2006.
Except as expressly amended herein, the Lease shall control the terms and
provisions pertaining to the Lease and no modifications, changes or amendments
in regard to the Lease other than expressly provided for herein are intended.
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EXHIBIT 10.1 CONTINUED
Dated as of the 13th day of April, 2006.
TENANT: HEALTHRENU MEDICAL, INC.
/S/ Robert W Prokos /S/
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ROBERT W PROKOS, PRESIDENT
LANDLORD: DENMARK HOUSE INVESTMENT, LTD.
A TEXAS LIMITED PARTNERSHIP
By: Denmark House Management LLC.
A Texas limited liability company
/S/ Mark Winkleman /S/
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Mark Winkleman, Manager
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EXHIBIT A-2
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