**Exhibit 10.27**

 

AMENDMENT TO LEASE

11 HARBOR PARK DRIVE

PORT WASHINGTON, NY

 

Thatcertain lease, dated September 20 1988 (the “Lease”), as amended on March 22,1999, between ADDWIN REALTY ASSOCIATES, a New York general partnership(hereinafter referred to as the “Landlord”) and CONTINENTAL DYNAMICSCORPORATION, a New York corporation which on December 31, 2000 was mergedinto GLOBAL COMPUTER SUPPLIES INC., a New York corporation (hereinafterreferred to as the “Tenant”) with respect to the premises located at 11 HarborPark Drive, Port Washington, New York, is hereby amended as follows:

 

1.                                                       Section 1.03of the Lease is amended such that the “Expiration Date” of the Lease is definedas December 31, 2017.

 

2.                                                       Section 1.04of the Lease and Exhibit B thereto is amended such that effective January 1,2008 the “Fixed Rent” of the Lease shall be defined as $860,000 per year($10.00 per square foot) for the year beginning on January 1, 2008 (the “AmendmentNo. 2 Effective Date”) and ending December 31, 2008. Thereafter theFixed Rent above shall be increased on the annual anniversary of the and oneach successive annual anniversary of the Amendment No. 2 Effective Dateduring the term of the Lease (each such annual anniversary date beinghereinafter referred to as the “Escalation Date”). Such increase in the FixedRent shall be an amount equal to the product of the Percentage Increase (asdefined below) for the Escalation Date multiplied by the Fixed Rent charged forthe year immediately preceding the Escalation Date. Such increased Fixed Rentshall be payable in 12 monthly installments in advance of the first day of eachcalendar month commencing on the Escalation Date and continuing until the nextEscalation Date. Landlord shall notify Tenant in writing of such increasedFixed Rent as soon as such determination is reasonably possible. Ifnotification is not given until after the Escalation Date, any increasedamounts due but not paid since the Escalation Date shall be payable within 30days after Tenant’s receipt of such notice. As used in this Section 1.04:

 

(a)          “Index” shallmean the Consumer Price Index for all Urban Consumers, All Cities Average, allitems (1967 = 100), not seasonally adjusted, published and issued by the Bureauof Labor Statistics of the United States Department of Labor (the “Bureau ofLabor Statistics”). In the event that the Consumer Price Index ceases to usethe 1967 average of One Hundred (100) as the basis of calculation, or if achange is made in the terms of particular items contained in the Consumer PriceIndex, the Consumer Price Index shall, at the discretion of Landlord, beadjusted to the figure that would have been 

 

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arrived at had the change inthe manner of computing the Consumer Price Index in effect at the Amendment No. 2Effective Date of the Lease term not been affected. In the event that suchConsumer Price Index (or successor or substituted Consumer Price Index) is notavailable, a reliable governmental or other non-partisan publication,evaluating the purchase power of money, may be used at the discretion ofLandlord.

 

(b)         “ComparativeMonth” shall mean the calendar month, which is completed immediately prior to12 months before each Escalation Date during the Term.

 

(c)          “PercentageIncrease” for each Escalation Date shall mean the increase in the Index(expressed as a percentage) during the 12-month period immediately precedingthe Comparative Month.

 

3.                                                       Except asherein modified, all terms of the Lease shall remain in full force and effect.

 

Dated:December 4, 2007

 
|   |   | ADDWIN  REALTY ASSOCIATES        |
|--------|--------|----------------------------------|
|   |   |                             |
|   |   | By:  Richard Leeds               |
|   |   |                             |
|   |   | Title:  Partner                  |
|   |   |                             |
|   |   | GLOBAL  COMPUTER SUPPLIES INC.   |
|   |   |                             |
|   |   | By:  Lawrence P. Reinhold        |
|   |   |                             |
|   |   | Title:  Executive Vice President |

 

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