EX-10.17
from 10-K
7 pages
This Sublease (The “Sublease”) Is Entered Into October 8, 2008, Between Digital Angel Corporation F/K/a Applied Digital Solutions, Inc., a Delaware Corporation (“Landlord”), and Ifth Acquisition Corp., a Delaware Corporation (“Tenant”). 1. Basic Lease Provisions and Certain Definitions. A. Property Address: 1690 South Congress Avenue, Delray Beach, Florida 33445. B. Premises: Suite 200, Consisting of 7,911 Rentable Square Feet. C. Tenant’s Address Until the Commencement Date: 7 Kingsbridge Road, Fairfield, New Jersey 07004; Thereafter, the Premises. D. Landlord’s Address (For Notices): 490 Villaume Avenue, South St. Paul, Minnesota 55075. E. Prime Landlord: The Realty Associates Fund V, L.P., a Delaware Limited Partnership. F. Prime Landlord’s Address (For Notices): The Realty Associates Fund V, L.P., C/O Terranova Corporation, 1200 Brickell Avenue, Suite 1500, Miami, Florida 33131, Attention: President. G. Identification of Prime Lease: Office Lease Dated January 29, 2004. H. Sublease Term: Twenty-One (21) Months. I. Commencement Date: October 1, 2008. J. Expiration Date: June 30, 2010. K. Rent: $157,500 for the Entire Sublease Term, Payable in One Lump Sum Immediately Upon Full Execution of This Sublease and Receipt of Prime Landlord’s Written Consent to This Sublease
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