LEASE AMENDMENT

2969 PRAIRIE S.W.

GRANDVILLE, MI 49418

 

THIS LEASE AMENDMENT (this “Amendment”) is entered into as of the 4th day of
May, 2004, by and between EAGLE DEVELOPMENT COMPANY, a Michigan partnership,
(“Landlord”) and X-RITE CORPORATION, a Michigan corporation (“Tenant”).

 

This amendment is to adjust the remaining balance of the “Office Lease” dated
October 2, 2000, between EAGLE DEVELOPMENT COMPANY and X-RITE CORPORATION for
the property located at 2969 Prairie SW, Grandville, MI, to the following
payment schedule:

 

May, 2004 – Dec, 2004

   $ 107,097

Jan, 2005 – Dec, 2005

   $ 199,992

Jan, 2006 – Mar, 2006

   $ 100,322     

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       $406,603

 

IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date
first set forth above.

 

Landlord:       Tenant:

Eagle Development Company,
a Michigan partnership

     

X-Rite Corporation,
a Michigan corporation

By:

 

s/ Stanley Cheff

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By:

 

s/ Michael C. Ferrara

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Its:

 

Partner

     

Its:

 

Chief Executive Officer

Date: May 4, 2004

     

Date: May 4, 2004