1. | Definitions. Unless otherwise specifically set forth herein, all capitalized terms herein shall have the same meaning as set forth in the Lease. | |
2. | Warehouse Lighting. Tenant intends to replace the lighting system and fixtures servicing the warehouse portion of the Premises with a new system and fixtures (Replacement Lighting System). In contracting for the Replacement Lighting System, Tenant intends to enter into an operating lease with a third party, at the end of which Tenant will have the option of purchasing the Replacement Lighting System and to keep it in the Premises. If Tenant purchases the Replacement Lighting System, it is understood that it shall become property of Landlord and remain upon and be surrendered with the Premises at the expiration of the Term. If Tenant does not purchase the Replacement Lighting System, Tenant shall restore the warehouse lighting to the same condition as existed prior to Tenants installation of the Replacement Lighting System. | |
3. | Incorporation. Except as modified herein, all other terms and conditions of the Lease between the parties above described, shall continue in full force and effect. | |
4. | Limitation of Landlords Liability. It is expressly understood and agreed that none of Landlords covenants, undertakings or agreements made in this Amendment or the Lease are made or intended as personal covenants, undertakings or agreements by Landlord, and any liability of Landlord for damages for breach or nonperformance by Landlord or otherwise arising under or in connection with this Amendment or the Lease or the relationship of Landlord and Tenant hereunder, shall be collectible only out of Landlords interest in the Land and the Building, in each case as the same may then be encumbered, and no personal liability is assumed by, nor at any time may be asserted against, Landlord, or its shareholders, officers, directors, employees, agents, legal representatives, successors or assigns, all such liability, if any, being expressly waived and released by Tenant. |
LANDLORD:
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TENANT: | |||||||||
CABOT INDUSTRIAL PROPERTIES, L.P., | SKECHERS USA, INC., a Delaware | |||||||||
a Delaware limited partnership
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corporation | |||||||||
By:
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Cabot Industrial Trust, a Maryland real estate investment trust,its General Partner |
By: | /s/ David Weinberg |
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By:
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RREEF America L.L.C., a Delaware | Title: | CFO | |||||||
limited liability company, its | Date: | 5/23/02 | ||||||||
Authorized Agent | ||||||||||
By:
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/s/ Daniel J. Schmidt | By: | /s/ Philip Paccione | |||||||
Daniel J. Schmidt | ||||||||||
Title:
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Vice President | Title: | Executive VP & General Counsel | |||||||
Date:
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5/29/02 | Date: | 5/23/02 | |||||||
Address: 1777 S. Vintage Avenue | ||||||||||
Ontario, CA 91761 |