EX-10.18
from S-1/A
25 pages
Extension to the A.I.R. Standard Industrial/Commercial Single Tenant Lease — Net Dated November 11, 1997 by and Between Kenneth R. Smith and Alice J. Smith as Lessor and Luminent, Inc., a Subsidiary of Mrv Communications Inc. as Lessee for the Property Commonly Known as 8917 Fullbright Avenue, Chatsworth, California Drafted September 25, 2002. 55. Lessor and Lessee Agree to Extend the Original Lease for an Additional Five (5) Years, Commencing January 1, 2003 and Ending December 31, 2008. the Base Rent Per Month Stated in Paragraph 1.5 Shall Be Adjusted to $4,250.00. 56. the Base Rent Stated in Paragraph 1.5 Shall Be Adjusted Annually on January 1st of Each Succeeding Year by a Fixed Three Percent (3%). 57. Option to Extend. Lessor Hereby Grants to Lessee the Option to Extend the Term of This Lease for One (1) Additional Thirty-Six (36) Month Period Commencing When the Prior Term Expires Upon Each and All of the Following Terms and Conditions
12/34/56