Fillable Printable COMMERCIAL LEASE ADDENDUM

COMMERCIAL LEASE ADDENDUM

The undersigned agrees to observe the following rules and any modifications to

same, which are part of the lease attached hereto:

1. Late charges of $5.00 per day will be added to the rent for rental payments made

after the 5

of the month. All late payments of rent paid after the 5

shall be back

charged to the second day of the month.

2. For the duration of the lease, tenant, at its expense, shall insure landlord,

landlord’s agents and itself against liability for injury to persons in connection

with the entire premises with a comprehensive general public liability insurance

with limits of at least $300,000 with respect to injury or death of any one person

an $1,000,000 with respect to any one accident, disaster or occurrence and

$100,000 with respect to property damage. Tenant shall deposit the original

policy with evidence of premium payment with Landlord prior to the

commencement date of the term of the lease. Proof of renewal or replacement

shall be given by tenant to landlord at least thirty (30) days prior to expiration of

any policy. Landlord may, at his option, procure the said insurance and charge

the expense thereof to the tenant as additional rent to become due and payable on

demand. Landlord to be named as additional insured on tenant’s policy.

3. Electrical work is to be done only by ___________________ and heating work is

to be done only by _____________________. Tenant shall notify the landlord of

any work to be done and shall have the right to obtain competitive bids by all

licensed electrician or plumber to see which is the most reasonable and

competent, with the approval of both parties. Tenant to pay for all electric,

plumbing and heating repairs.

4. Tenants are accepting the leased premises in an “as is” condition.

5. Tenant is to maintain and replace all lighting fixtures. Tenant is to pay for the

repair of all plumbing stoppages.

6. Smoking is not permitted on the leased premises.

7. Option to renew. Provided that tenant is not in default in the performance of this

lease, tenant shall have the option to renew the lease for an additional term of one

year commencing at the expiration of the initial lease term. All of the terms and

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conditions of the lease shall apply during the renewal term except that the

monthly rent shall be the sum of $_________________. The option shall be

exercised by written notice given to landlord not less than sixty (60) days prior to

the expiration of the initial lease term. If notice is not given in the manner

provided herein within the time specified, this option shall expire.

8. Tenant shall pay for and obtain a certificate occupancy.

9. Landlord will pay all real estate taxes and special assessments charged against the

premises. Tenant shall pay as additional rent to the landlord 50 percent of any tax

increases levied against the premises over the base year of ________________.

10. Hazardous substances. Tenant shall not cause or permit any hazardous substance

to be used, stored, generated or disposed of on the premises. If hazardous

substances are used, stored, generated or disposed of on or in the premises, or if

the premises becomes contaminated in any manner for which tenant is legally

liable, tenant shall indemnify, defend and hold harmless the landlord from any

and all claims, damages, fines, judgments, penalties, costs, liabilities or losses

(including, without limitation, a decrease in value of the premises and any and all

sums paid for settlement of claims, attorney’s, consultant and expert fees) arising

during or after the lease term and arising as result of such contamination by

tenant. This indemnification includes, without limitation, any and all costs

incurred because of any investigation of the site or any cleanup, removal or

restoration mandated by a federal, state or local agency or political subdivision.

In addition, if tenant causes or permits the presence of any hazardous substance

on the premises and this results in contamination, tenant shall promptly, at his

sole expense, take any and all necessary actions to return the premises to the

condition existing before the presence of any such hazardous substance on the

premises, provided, however, that tenant shall first obtain landlord’s approval for

any such remedial action. As used herein, “hazardous substance” means any

substance which is toxic, ignitable, reactive or corrosive and which is regulated by

any local government, the State of New York or the United States government.

“Hazardous substance” includes any and all material or substances which are

defined as “hazardous waste”, “extremely hazardous waste” or a “hazardous

substance”, pursuant to state, federal or local government law. “Hazardous

substance” includes, but is not restricted to, asbestos, polychlorinated biphenyls

(“PCBs”) and petroleum.

11. Tenant covenants and agrees that all alterations and/or improvements to the

premises made by tenant shall comply with the Americans With Disabilities Act.

Notwithstanding anything else contained in this lease, landlord at landlord’s

expense, shall be responsible for and agrees to comply with all obligations under

the ADA which imposes any duty upon landlord or tenant with respect to the use,

occupancy or alteration of the leased premises, building or project.

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12. Landlord shall permit tenant to erect at no additional cost, a satellite dish on the

roof of the building subject to compliance with all laws, codes, ordinances and

regulations and subject to the location and manner of construction of the dish

being approved by landlord and satisfactory to tenant. The diameter of the

satellite dish will not exceed 18 inches. Landlord and tenant agree that the

satellite dish shall remain the personal property of tenant and shall not become a

fixture. All costs of erecting, maintaining, insuring and removing the dish, as

well as repairs or restoration to the site of installation shall be the sole

responsibility of tenant. Tenant will be responsible for all damages caused by

such erection, maintenance or removal.

13. In case of any conflict between the provisions of this Lease Addendum and any

other provision of the lease, the provisions of this Lease Addendum shall govern.

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Landlord Date

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Tenant Date

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Tenant Date

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