EXHIBIT 10.23.3


 


THIRD AMENDMENT
TO LEASE


 


This THIRD AMENDMENT TO LEASE (this “Agreement”) is made as of the 1st
day of April, 2004, by and between 200 SOUTH VIRGINIA INVESTMENTS, LLC (“Landlord”)
and ADVANCED TELECOM GROUP, INC. (“Tenant”).


 


Recitals.


 


A.                                   Tenant
occupies certain premises in the building at 200 South Virginia Street, Reno,
Nevada (the “Building”), under a Lease Agreement, dated July 31, 1999,
between Landlord and Tenant, as amended pursuant to a First Amendment to Lease
dated January 10, 1999, and a Second Amendment to Lease (the “Second
Amendment”) dated August 1, 2001 (as amended, the “Lease”).  Terms with initial capitals used in this
Agreement, unless otherwise defined herein, shall have the meanings given them
in the Leases.


 


B.                                     Tenant
desires to lease additional space in the Building and Landlord is willing to
permit such expansion on the terms and subject to the conditions set forth in
this Agreement.


 


Agreement.


 


NOW THEREFORE, in consideration of the premises and of the mutual covenants
set forth herein, the parties agree:


 


1.                                       Premises.  Effective June 7, 2004, the terms “Premises”
or “Leased Premises” in the Lease shall be defined as (i) 555 rentable square
feet of space located on the first floor of the Building (Suite 104), (ii) 6,100
rentable square feet of space located on the second floor of the Building
(Suite 270 and 270A), and (iii) 2,123 rentable square feet of space on the
sixth floor of the Building (Suite 625), in each case as depicted in the floor
plans attached as Exhibit A to this Agreement.


 


2.                                       Base
Rent.  Effective November 1,
2004, the Base Rent under the Lease shall he as follows:


 


	
  Period

  	
   

  	
  Monthly Base

  Rent*

  	
   

  	
  Annual Base

  Rent

  	
   

  
	
  November 1,
  2004 – July 31, 2005

  	
   

  	
  $

  	
  17,654.04

  	
   

  	
  $

  	
  211,848.48

  	
   

  
	
  August 1,
  2005 – July 31, 2006

  	
   

  	
  $

  	
  18,185.40

  	
   

  	
  $

  	
  218,224.80

  	
   

  
	
  August 1,
  2006 – July 31, 2007

  	
   

  	
  $

  	
  18.724.70

  	
   

  	
  $

  	
  224,696.40

  	
   

  
	
  August 1,
  2007 – July 31, 2008

  	
   

  	
  $

  	
  19,287.79

  	
   

  	
  $

  	
  231,453.48

  	
   

  
	
  August 1,
  2008 – July 31, 2009

  	
   

  	
  $

  	
  19,866.74

  	
   

  	
  $

  	
  238,400.88

  	
   

  



 










 


* Such Monthly Base Rent does not include the Additional Rent for
Tenant’s antennas on the roof of the Building, for which Tenant pays the
additional sums specified at Section 5.5 of the Lease and Section 1
of the Second Amendment.


 


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3.                                       Tenant
Improvements.  Tenant, at Tenant’s
sole cost and expense, shall make Tenant Improvements to the Premises,
consisting of constructing the hallway from the main lobby to their generator
per the plans attached as Exhibit B, and seal the existing generator room door.  Such Tenant Improvements to be completed by
Tenant in accordance with the requirements of Section 7 of the Lease, and
shall be substantially completed by July 1, 2004.


 


4.                                       Ratification.                                Except
as amended hereby, the Lease is ratified and confirmed in all respects.


 


IN WITNESS WHEREOF, the parties have executed this Agreement on the
Effective Date.


 


	
   

  	
  200 SOUTH VIRGINIA INVESTMENTS, LLC, an

  Oregon limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SCANLANKEMPERBARD COMPANIES,

  an Oregon corporation, its Operating

  Manager

  
	
   

  	
   

  
	
   

  	
  By:

  	
                   /s/
  M. Bardt

  	
   

  
	
   

  	
  Title:

  	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
  “Landlord”

  
	
   

  	
   

  
	
   

  	
  ADVANCED TELECOM GROUP, INC., a

  Delaware corporation

  
	
   

  	
   

  
	
   

  	
  By:

  	
                   /s/
  David M. O’Neill

  	
   

  
	
   

  	
  Title:

  	
                 President

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
  “Tenant”

  
								



 


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EXHIBIT B


 


Tenant
Improvements


 


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