Exhibit
10.59

 
SIXTH LEASE MODIFICATION

THE LEASE AGREEMENT, dated January 28, 2003, and modified thereafter, by and
between AMERICAN CENTER LLC (“Landlord”), a Michigan Limited Liability Company,
and LDMI TELECOMMUNICATIONS INC. (“Tenant”), a Michigan Corporation, for Suites
400, 500, 1660 & 1680 consisting of 43,373 rentable square feet and Storage
Space #7 and #8 consisting of 250 square feet (the “Premises” or “demised
premises”) in the AMERICAN CENTER (the “Building”) 27777 Franklin Road,
Southfield, Michigan 48034 (the “Project”) is hereby modified as follows:

 

1.  
Satellite Dish - Effective April 21, 2005, Tenant, at its sole expense has the
right to erect, maintain and operate, one (1) additional two foot (2’) diameter
satellite dish on the roof of the Building (together with the one (1) existing
satellite dish, the “Tenant Facilities”), under the same terms and conditions as
those prescribed in Section 1 of the Fourth Lease Modification dated May 19,
2004.

2.  
The Tenant Facilities shall be operated on a month-to-month basis during the
term of the Lease and, commencing May 1, 2005, Tenant shall pay a monthly Base
Rent of Three Hundred and 00/100 Dollars ($300.00) per satellite dish.

3.  
The monthly Base Rent shall be as follows:

Date
Office Space
Storage Space
Tenant Facilities
Monument Signage
11 Designated Parking Spaces
Total Monthly Base Rent
Total Rent for the Period
5/1/05 - 5/31/05
$76,806.36
$239.58
$600.00
$250.00
$825.00
$78,720.94
$78,720.94
6/1/05 - 5/31/06
$78,613.57
$250.00
$600.00
$250.00
$825.00
$80,538.57
$966,462.84
6/1/06 - 5/31/07
$82,227.98
$260.42
$600.00
$250.00
$825.00
$84,163.40
$1,009,960.80
6/1/07 - 5/31/08
$84,035.19
$270.83
$600.00
$250.00
$825.00
$85,981.02
$1,031,772.24
6/1/08 - 5/31/09
$85,842.40
$281.25
$600.00
$250.00
$825.00
$87,798.65
$1,053,583.80
6/1/09 - 5/31/10
$87,649.61
$291.67
$600.00
$250.00
$825.00
$89,616.28
$1,075,395.36
6/1/10 - 5/31/11
$89,614.28
$302.08
$600.00
$250.00
$825.00
$91,591.36
$1,099,096.32
6/1/11 - 5/31/12
$91,264.03
$312.50
$600.00
$250.00
$825.00
$93,251.53
$1,119,018.36
6/1/12 - 5/31/13
$93,071.23
$322.92
$600.00
$250.00
$825.00
$95,069.15
$1,140,829.80
6/1/13 - 11/30/13
$93,071.23
$322.92
$600.00
$250.00
$825.00
$95,069.15
$570,414.90
 
 
 
 
 
 
Aggregate
$9,145,255.36

4.  
Non-Disclosure - Tenant will not record this Sixth Lease Modification or a
memorandum hereof, and will not otherwise disclose the terms of this Sixth Lease
Modification to anyone other than its attorneys, accountants or employees who
need to know of its contents in order to perform their duties for Tenant. Any
other disclosure will be an event of Default under the Lease. Tenant agrees that
Landlord shall have the right to publish a "tombstone" or other promotional
description of this Sixth Lease Modification.

[Signature block on next page]

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Except as hereinabove specifically provided to the contrary, all of the
remaining terms, covenants, and agreements contained in said Lease, and all
modifications thereafter, shall remain in full force and effect and shall be
applicable to the Premises as described in said Lease is hereby acknowledged,
ratified, and confirmed by the parties hereto.

LANDLORD:   
 
TENANT:
AMERICAN CENTER LLC, a Michigan Limited Liability Company
 
LDMI TELECOMMUNICATIONS, INC., a Michigan Corporation
By: Southfield Office Manager, Inc.
   
By:
 /s/ Paul Stodulski  
By:
 /s/ Michael Mahoney
Printed:
Paul Stodulski
 
Printed:
 Michael Mahoney
Its:
Secretary
 
Its:
 CFO
Date:
   
Date: