LEASE EXTENSION AND AMENDMENT









 




LEASE

EXTENSION




 




This

Agreement is made this      day of

December, 2001, by and between Mackie Holdings, L.L.C., an Oregon limited

liability company (“Lessor”), and Mackie Designs Inc., a Washington corporation

(“Lessee”).




 




RECITALS




 




A.            Lessor and Lessee entered into an Industrial Lease dated

December 15, 1994, for an original term of ten (10) years ending on December

31, 2004 (“Lease”).




 




B.            Lessor

and Lessee wish to extend the Lease by two (2) years to a period ending

December 31, 2006.




 




C.            Lessor

and Lessee wish to execute this Lease Extension so as to be bound by its terms

and conditions and those of the Lease.




 




Based upon the above recitals, the parties

promise and agree as follows:




 




1.             Extension.   The term of the Lease is hereby extended

until December 31, 2006.




 




2.             Reaffirmation

of Lease.   Except as

amended by this Lease Extension, all other terms of the Lease are hereby

ratified and confirmed.




 




3.             Governing

Law.   This Lease

Extension shall be governed by the laws of the State of Washington.




 




Dated the day and year first above written.




 




	

  MACKIE HOLDINGS, L.L.C.


  	

  MACKIE DESIGNS INC.


  	

   


  
	

   


  	

   


  	

   


  
	

  By:


  	

   


  	

   


  	

  By:


  	

   


  	

   


  
	

   


  	

  David M. Tully, Member


  	

   


  	

  Its:


  	

   


  	

   


  
									





 





























 




	

  State of Washington


  	

  )


  
	

   


  	

  )ss.


  
	

  County of King


  	

  )


  





 




On

this       day of                         , 20    , before me personally appeared David M.

Tully, to me known to be the member of Mackie Holdings, LLC that executed the

within and foregoing instrument, and acknowledged said instrument to be the

free and voluntary act and deed of said corporation, for the uses and purposes

therein mentioned, and on oath stated that he was authorized to execute said

instrument.




 




In

witness whereof I have hereunto set my hand and affixed my official seal the

day and year first above written.




 




	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  Print name:


  	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  NOTARY PUBLIC in and for the

  State of


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  Washington, residing at


  	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  My Commission expires:


  	

   


  
											





 




	

  State of Washington


  	

  )


  
	

   


  	

  )ss.


  
	

  County of King


  	

  )


  





 




On

this       day of                         , 20    , before me personally appeared                                                        , to me known to

be the

                               

of Mackie Designs Inc. that executed the within and foregoing instrument, and

acknowledged said instrument to be the free and voluntary act and deed of said

corporation, for the uses and purposes therein mentioned, and on oath stated

that he was authorized to execute said instrument.




 




In

witness whereof I have hereunto set my hand and affixed my official seal the

day and year first above written.




 




	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  Print name:


  	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  NOTARY PUBLIC in and for the

  State of


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  Washington, residing at


  	

   


  
	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

   


  	

  My Commission expires: