Pennsylvania Commercial Lease Extension Agreement

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									Commercial Lease Extension
                                                          Agreement

                          This Commercial Lease Extension Agreement may be used if the parties wish to
                          extend the term of the Prior/Original Lease Agreement executed by them on the
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                          terms and conditions akin to those enumerated in the Prior/Original Lease Agreement
                          and may contain an additional clause providing for revised rent payment.




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                                                                                              Attorney Drafted
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                    COMMERCIAL LEASE EXTENSION AGREEMENT



THIS COMMERCIAL LEASE EXTENSION AGREEMENT is made and entered into
this____ [Month] ____ [Date], 20____, by and between ____________________ [Instruction:
Insert the name of lessor] (hereinafter referred to as “Lessor”) and _______________________
[Instruction: Insert the name of lessee] (hereinafter referred to as “Lessee”).

In consideration of the covenants and obligations contained herein and of other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
agree as follows:

1. Prior Lease: The parties executed a Lease Agreement dated ________________
   [Instruction: Insert the execution date of lease Agreement] (hereinafter “Lease
   Agreement”) with a term of lease

   Commencing on :             _____________ [Month, Day, Year]

   Terminating on      :       _____________ [Month, Day, Year]

   All terms, conditions, and provisions of said Lease Agreement are hereby incorporated by
   attachment, see Exhibit A.

2. Extension of Prior Lease Term: The parties hereby agree to extend and continue the
   aforementioned Lease Agreement for an additional term

   Commencing on :             _____________ [Month, Day, Year]

   Terminating on      :       _____________ [Month, Day, Year]

3. Revised Rent Payments: The rent shall be payable in equal monthly installments of
   ________ ($___) [Instruction: Insert the amount, e.g., twenty thousand dollars
   ($20,000)], payable according to the Lease Agreement.

4. Terms of Lease: It is further provided, however, that all other terms of the Lease shall
   continue during this extended term as if set forth herein.

5. Binding Effect: This agreement shall be binding upon and shall inure to the benefit of the
   parties, their successors, assigns and personal representatives.

       Lessor                                          Lessee

Sign: _______________________________                  _______________________________

Print: _______________________________                 _______________________________

Date: _______________________________                  _______________________________


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                                            EXHIBIT A

                                ORIGINAL LEASE AGREEMENT




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