Commercial Lease Extension
THIS LEASE EXTENSION AGREEMENT (hereinafter referred to as the "Lease
Extension") is made and entered into this (date), by and between (Name of Lessor), a
corporation organized and existing under the laws of the state of (name of state), with
its principal office located at (street address, city, state, zip code), referred to herein as
Lessor, and (Name of Lessee), a corporation organized and existing under the laws of
the state of (name of state), with its principal office located at (street address, city, state,
zip code), referred to herein as Lessee.
For and in consideration of the mutual covenants contained in this Agreement,
and other good and valuable consideration, the parties agree as follows:
1. Prior Lease. The parties executed a Lease Agreement dated (date), hereinafter
called the Lease Agreement. with a term of lease commencing on the (date), and
which expires on the (date). All terms, conditions, and provisions of said Lease
Agreement are hereby incorporated by reference or by attachment.
2. Extension of Prior Lease Term. The parties hereby agree to extend and
continue the aforementioned Lease Agreement for an additional term, commencing on
the (date), and expiring on the (date).
3. Revised Rent Payments. The rent shall be payable in equal monthly
installments of $_____________, payable on the ______ day of each month of the
term. The first full rent payment under this Lease Extension is due on the (date).
WITNESS our signatures as of the day and date first above stated.
(Name of Lessor) (Name of Lessee)