Document:

EXHIBIT 4.6

                                ESCROW AGREEMENT

      This ESCROW AGREEMENT (this "AGREEMENT") made as of April 29, 2005, by and
among Knockout Holdings,  Inc., an Delaware  corporation (the "COMPANY"),  DCOFI
Master LDC (the  "PURCHASER"),  whose addresses and other information  appear on
the  Information  Sheet (as  defined  herein)  attached to this  Agreement,  and
Continental  Stock Transfer & Trust Company,  17 Battery Place,  8th Floor,  New
York, NY 10004 (the "ESCROW AGENT").

                                   WITNESSETH:

      WHEREAS,  the Company and the  Purchaser  have  entered  into a Securities
Purchase  Agreement (the "SECURITIES  PURCHASE  AGREEMENT") dated as of the date
hereof,  pursuant to which the Purchaser purchased from the Company a $3,000,000
principal  amount 11% Senior  Secured Note Due April 29, 2008 (the "NOTE") and a
Common Stock Purchase Warrant to purchase 700,000 shares of the Company's common
stock in a private placement. The Securities Purchase Agreement provides that on
the Closing Date, as that term is defined in the Securities  Purchase Agreement,
the Purchaser shall deliver to the Escrow Agent an aggregate of $417,083.33 (the
"ESCROWED  AMOUNT"),  which represents the first fifteen months' interest on the
Note.

      WHEREAS,  the  Company and the  Purchaser  desire to  establish  an escrow
account (the "ESCROW ACCOUNT"), into which the Escrowed Amount will be deposited
and will be held by the Escrow Agent to be released at such time as is necessary
to pay the first fifteen months' interest payments on the Notes.

      WHEREAS,  the Escrow  Agent has agreed to establish a special bank account
at J.P. Morgan Chase Bank (the "BANK") into which the Escrowed Amount, which are
received  by the Escrow  Agent from the  Purchaser  and  credited  to the Escrow
Account, are to be deposited.

      NOW,  THEREFORE,  in  consideration  of the premises and mutual  covenants
herein contained, the parties hereto hereby agree as follows:

      1.    Information  Sheet.  Each capitalized term not otherwise  defined in
this Agreement shall have the meaning set forth for such term on the information
sheet which is attached to this  Agreement as Exhibit A and is  incorporated  by
reference herein and made a part hereof (the "INFORMATION SHEET").

      2.    Establishment of the Bank Account.  The Escrow Agent shall establish
a bank account at the branch of Bank selected by the Escrow  Agent,  and bearing
the designation set forth on the Information  Sheet  (heretofore  defined as the
"BANK  ACCOUNT").  The purpose of the Bank Account is for (a) the deposit of the
$3,000,000  investment  amount that is delivered by the  Purchaser to the Escrow
Agent, (b) to disburse the funds pursuant to the disbursement letter dated April
29, 2005,  and (c) to hold the  Escrowed  Funds,  which shall be disbursed  when
necessary to pay the first fifteen  months'  interest on the Notes in accordance
with instructions from the Purchaser. The Escrow Agent shall invest the Escrowed
Funds in a money market checking  account at J.P. Morgan Chase unless  otherwise
instructed in writing by the Company.

<PAGE>

      3.    Deposit to the Bank Account.

            3.1   On the date hereof,  the Purchaser shall promptly  deliver the
Escrowed  Amount to the Escrow  Agent for deposit  into the Bank Account by wire
transfer.  Upon the Escrow Agent's  receipt of the Escrowed  Amount,  the monies
shall be credited to the Escrow Account.

            3.2   Promptly after  receiving the Escrowed  Amount as described in
Section 3.1, the Escrow Agent shall deposit the same into the Bank Account.  The
Escrow Agent shall cause the Bank to process the Escrowed  Amount for collection
through the banking system.

      4.    Disbursement from the Bank Account.

            4.1   On such dates that the Company is required to pay  interest on
the Note, the Escrow Agent shall disburse such portion of the Escrowed Amount to
the Purchaser,  in accordance with  instructions from the Purchaser as set forth
below:

            Date of Disbursement              Amount of Disbursement
            --------------------              ----------------------
            June 30, 2005                     $   54,083.33

            September 30, 2005                $   84,333.33

            December 31, 2005                 $   84,333.33

            March 20, 2006                    $   82,500.00

            June 30, 2006                     $   83,416.67

            July 31, 2006                     $   28,416.67

The Escrow Agent will not disburse any amounts  other than those set forth above
to the Purchaser or otherwise  without written  instructions  signed by both the
Company and the Purchaser.

            4.2   Upon disbursement of the Escrowed Amount pursuant to the terms
of this Article 4, the Escrow Agent shall be relieved of further obligations and
released from all liability  under this  Agreement.  It is expressly  agreed and
understood  that in no event shall the aggregate  amount of payments made by the
Escrow Agent exceed the amount of the Escrowed Amount.

      5.    Rights,   Duties  and   Responsibilities  of  Escrow  Agent.  It  is
understood and agreed that the duties of the Escrow Agent are purely ministerial
in nature, and that:

            5.1   The Escrow Agent shall notify the Purchaser,  when  requested,
of the  balance of the  Escrowed  Amount  which has been  deposited  in the Bank
Account.

                                       2
<PAGE>

            5.2   The Escrow Agent shall not be  responsible  for or be required
to enforce any of the terms or conditions of the Securities  Purchase Agreement,
the Note or any other agreement  between the Purchaser and the Company nor shall
the Escrow Agent be  responsible  for the  performance  by the  Purchaser or the
Company of their respective obligations under this Agreement.

            5.3   If the Escrow  Agent is  uncertain  as to its duties or rights
hereunder or shall receive  instructions with respect to the Bank Account or the
Escrowed  Amount which, in its sole  determination,  are in conflict either with
other  instructions  received by it or with any provision of this Agreement,  it
shall be entitled to hold the Escrowed Amount or a portion thereof,  in the Bank
Account  pending the  resolution of such  uncertainty to the Escrow Agent's sole
satisfaction,  by final judgment of a court or courts of competent  jurisdiction
or otherwise.

            5.4   The Escrow  Agent shall not be liable for any action  taken or
omitted  hereunder,  or for the  misconduct of any  employee,  agent or attorney
appointed by it, except in the case of willful  misconduct or gross  negligence.
The Escrow  Agent shall be entitled to consult  with counsel of its own choosing
and shall not be liable  for any  action  taken,  suffered  or  omitted by it in
accordance with the advice of such counsel.

            5.5   The Escrow Agent shall have no  responsibility  at any time to
ascertain  whether or not any security interest exists in the Escrowed Amount or
any part thereof or to file any financing statement under the Uniform Commercial
Code with respect to the Escrowed Amount or any part thereof.

            5.6   The Escrow Agent shall be entitled to rely upon the  accuracy,
act in reliance upon the  contents,  and assume the  genuineness  of any notice,
instruction, certificate, signature, instrument or other document which is given
to the Escrow  Agent  pursuant to this  Agreement  without the  necessity of the
Escrow Agent verifying the truth or accuracy thereof. The Escrow Agent shall not
be obligated  to make any inquiry as to the  authority,  capacity,  existence or
identity of any person  purporting to give any such notice or instructions or to
execute any such certificate, instrument or other document.

      6.    Amendment;  Resignation  or Removal of Escrow Agent.  This Agreement
may be altered or amended  only with the  written  consent of the  Company,  the
Purchaser  and the Escrow  Agent.  The Escrow Agent may resign and be discharged
from  its  duties  hereunder  at any  time  by  giving  written  notice  of such
resignation  to the  Company  and the  Purchaser  specifying  a date  when  such
resignation  shall take effect and upon  delivery of the Escrowed  Amount to the
successor  escrow agent  designated by the Company and the Purchaser in writing.
Such  successor  Escrow Agent shall become the Escrow Agent  hereunder  upon the
resignation date specified in such notice. If the Company and the Purchaser fail
to designate a successor Escrow Agent within thirty (30) days after such notice,
then the resigning Escrow Agent shall promptly refund the amount in the Escrowed
Amount to the Company,  without interest thereon or deduction.  The Escrow Agent
shall continue to serve until its successor  accepts the escrow and receives the
Escrowed  Amount.  The  Company  shall  have the right at any time to remove the
Escrow Agent and  substitute a new escrow agent by giving notice  thereof to the
Escrow  Agent then  acting.  Upon its  resignation  and delivery of the Escrowed
Amount as set forth in this Section 6, the Escrow Agent shall be  discharged  of

                                       3
<PAGE>

and from any and all further  obligations  arising in connection with the escrow
contemplated  by this  Agreement.  Without  limiting the provisions of Section 8
hereof,  the  resigning  Escrow Agent shall be entitled to be  reimbursed by the
Company and the  Purchaser  for any  expenses  incurred in  connection  with its
resignation,  transfer of the  Escrowed  Amount to a successor  escrow  agent or
distribution of the Escrowed Amount pursuant to this Section 6.

      7.    Representations and Warranties. The Company and the Purchaser hereby
severally and not jointly represent and warrant to the Escrow Agent that:

            7.1   No party other than the parties  hereto  have,  or shall have,
any lien, claim or security interest in the Escrowed Amount or any part thereof.

            7.2   All of the information  contained in the Information Sheet is,
as of the  date  hereof,  and will be,  at the time of any  disbursement  of the
Escrowed Amount, true and correct.

            7.3   Reasonable  controls  have been  established  and required due
diligence performed to comply with "Know Your Customer" regulations, USA Patriot
Act,  Office of Foreign Asset Control  (OFAC)  regulations  and the Bank Secrecy
Act.

      8.    Fees and Expenses.  The Escrow Agent shall be entitled to the Escrow
Agent  Fees set  forth on the  Information  Sheet,  payable  as and when  stated
therein.  In addition,  the Company agrees to reimburse the Escrow Agent for any
reasonable expenses incurred in connection with this Agreement,  including,  but
not limited to, reasonable counsel fees.

      9.    Indemnification and Contribution.

            9.1   The Company and the Purchaser (collectively referred to as the
"INDEMNITORS") jointly and severally agree to indemnify the Escrow Agent and its
officers,  directors,  employees, agents and shareholders (collectively referred
to as the  "INDEMNITEES")  against,  and hold them harmless of and from, any and
all loss,  liability,  cost, damage and expense,  including without  limitation,
reasonable  counsel fees, which the Indemnitees may suffer or incur by reason of
any action,  claim or proceeding brought against the Indemnitees  arising out of
or  relating  in any way to this  Agreement  or any  transaction  to which  this
Agreement relates,  unless such action, claim or proceeding is the result of the
willful misconduct or gross negligence of the Indemnitees.

            9.2   If  the  indemnification   provided  for  in  Section  9.1  is
applicable, but for any reason is held to be unavailable,  the Indemnitors shall
contribute  such amounts as are just and  equitable to pay, or to reimburse  the
Indemnitees  for,  the  aggregate  of any and all  losses,  liabilities,  costs,
damages  and  expenses,   including  counsel  fees,  actually  incurred  by  the
Indemnitees  as a  result  of or in  connection  with,  and any  amount  paid in
settlement of, any action, claim or proceeding arising out of or relating in any
way to any actions or omissions of the Indemnitors.

                                       4
<PAGE>

            9.3   The provisions of this Article 9 shall survive any termination
of this Agreement,  whether by disbursement of the Escrowed Amount,  resignation
of the Escrow Agent or otherwise.

      10.   Termination  of Agreement.  This  Agreement  shall  terminate on the
final  disbursement  of the Escrowed Amount pursuant to Section 4, provided that
the rights of the Escrow Agent and the  obligations  of the other parties hereto
under  Section 9 shall survive the  termination  hereof and the  resignation  or
removal of the Escrow Agent.

      11.   Governing Law and  Assignment.  This Agreement shall be construed in
accordance  with and  governed  by the laws of the  State of New  York,  without
regard to the conflicts of laws principles thereof,  and shall be binding,  upon
the  parties  hereto and their  respective  successors  and  assigns;  provided,
however,  that any  assignment or transfer by any party of its rights under this
Agreement or with respect to the Escrowed  Amounts or the Escrowed  Amount shall
be void as against the Escrow Agent unless (a) written  notice  thereof shall be
given to the Escrow  Agent;  and (b) the Escrow  Agent shall have  consented  in
writing to such assignment or transfer.

      12.   Notices.  All notices  required to be given in connection  with this
Agreement  shall  be  sent by  registered  or  certified  mail,  return  receipt
requested, or by hand delivery with receipt acknowledged, or by the Express Mail
service  offered by the United States Postal Service,  and addressed,  if to the
Company  or the  Purchaser,  at  their  respective  addresses  set  forth on the
Information  Sheet,  and if to the Escrow Agent, at its address set forth above,
to the attention of the Trust Department.

      13.   Severability.  If any provision of this Agreement or the application
thereof  to any  person or  circumstance  shall be  determined  to be invalid or
unenforceable,  the remaining provisions of this Agreement or the application of
such provision to persons or circumstances  other than those to which it is held
invalid or  unenforceable  shall not be affected  thereby and shall be valid and
enforceable to the fullest extent permitted by law.

      14.   Execution in Several Counterparts. This Agreement may be executed in
several counterparts or by separate  instruments and by facsimile  transmission,
and all of such  counterparts  and instruments  shall  constitute one agreement,
binding on all of the parties hereto.

      15.   Entire  Agreement.  This Agreement  constitutes the entire agreement
between  the  parties  hereto  with  respect to the  subject  matter  hereof and
supersedes  all prior  agreements  and  understandings  (written or oral) of the
parties in connection therewith.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK.]

                                       5
<PAGE>

      IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the
day and year first above written.

                                              CONTINENTAL STOCK TRANSFER
                                              & TRUST COMPANY

                                              By:   /s/ Frank DiPaolo
                                                --------------------------------
                                                Name:  Frank DiPaolo
                                                Title: Chief Financial Officer

                                              KNOCKOUT HOLDINGS, INC.

                                              By:  /s/ Oscar Turner
                                                --------------------------------
                                                Name:  Oscar Turner
                                                Title: Chief Financial Officer

                                              DCOFI MASTER LDC

                                              By:   /s/ Richard Smithline
                                                --------------------------------
                                                Name:  Richard Smithline
                                                Title: Director

                                       6
<PAGE>

                                    EXHIBIT A

                       ESCROW AGREEMENT INFORMATION SHEET

1.    The Company
      Name:    Knockout Holdings, Inc.
      Address: 100 W. Whitehall Ave, Northlake, IL 60164

2.    The Purchaser
      Name:    DCOFI Master LDC
      Address: c/o DC Asset Management LLC, 830 Third Avenue, 14th Floor,
               New York, NY 10022

3.    Plan  of   Distribution   of  the  Securities   Termination   Date  (Final
      Disbursement): November 1, 2006

4.    Title of Escrow Account
      "KNOH - Escrow Account"

7.    Escrow Agent Fees and Charges

      $4,800 per annum or any portion thereof without  proration the first year,
      thereafter $400 per month.  In addition,  the Escrow Agent shall be paid a
      fee of $500.00 per closing.

      Distribution charges:
      $10.00 per check
      $25.00 per wire
      $25.00 per check returned check
      $50.00 lost check replacement fee

8.    Wire Instructions

      J.P. Morgan Chase NY ABA 021000021
      A/C Continental Stock Transfer Escrow Acct # 1
      A/C No: 530-922428
      Ref: Knockout Holdings Inc/DCOFI

                                       7Additional
Rider attached to and made a part of Lease dated April __, 2005, between
35th STREET
ASSOCIATES, as Owner, and GURUNET CORPORATION, as Tenant, covering Suite 1101 in
the building at 237 West 35th Street,
New York, New York (“Additional Rider”).

 

	1.  	
      In
      the event of any conflict or inconsistency between the printed form of the
      Lease (and the Rider thereto) to which this Additional Rider is attached,
      the provisions of this Additional Rider shall
govern.

 

	2.  	
      Permitted
      Use.
      Article 2 of the printed portion of the Lease is revised to read as
      follows: “Tenant shall use and occupy the demised premises for executive
      and general office purposes provided, however, that such permitted use
      shall not include use of the leased premises for manufacturing, check
      cashing or the sale of precious jewelry.”

 

	3.  	
      Initial
      Tenant Work.
      Owner approves the following initial tenant work (“Initial Tenant Work”)
      to be performed by Tenant:

 

	 	
      (i)
	
      expansion
      of existing reception area;

 

	 	
      (ii)
	
      installation
      of walls/dividers to separate reception area from balance of space to
      provide more privacy;

 

	 	
      (iii)
	
      installation
      of conference room behind the expanded reception area;
  and

 

	 	
      (iv)
	
      installation
      of water cooler, coffee machine, refrigerator and microwave oven in
      pantry/kitchen.

 

In the
event that any of the Initial Tenant Work shall involve permanent changes or
alterations to the ceiling or building systems, such changes shall be subject to
Owner’s consent which shall not be unreasonably withheld or delayed. Owner
hereby approves Empire State Contracting Corp. as the contractor for the Initial
Tenant Work. If Tenant selects another licensed contractor to perform the
Initial Tenant Work, such contractor shall be subject to Owner’s consent, not to
be unreasonably withheld or delayed.

 

Subject
to Owner’s consent which shall not be unreasonably withheld or delayed, Tenant
shall have the right, at its expense, to extend water service to the pantry
kitchen of the demised premises and install a kitchen sink and dishwasher in the
pantry kitchen (“Supplemental Kitchen Improvement Work”).

 

Tenant
shall not be required to remove any of the Initial Tenant Work and/or the
Supplemental Kitchen Improvement Work upon the expiration or termination of the
Lease.

 

Article
47(E) is deleted in its entirety.

 

Article
47(F) is amended by changing $10,000.00 to $50,000.00.

 

Except
for the Initial Tenant Work hereby approved by Owner and non-structural
alterations permitted under Article 47(F), all other alterations or improvements
to the demised premises which Tenant desires to make shall be subject to Owner’s
consent which shall not be unreasonably withheld or delayed.

 

 

	4.  	
      Maintenance/Cleaning.
      Owner approves Tenant hiring any of the existing contractors servicing
      tenants in the building for cleaning and rubbish removal. The lien waiver
      requirement in Article 44(A) of the Lease is
omitted.

 

	5.  	
      Interruption
      of Services.
      In the event that the building services are interrupted such that Tenant
      is unable to use and occupy the demised premises for the intended purpose
      and such interruption continues for more than five (5) consecutive
      business days, all rent shall be fully abated until such time as the
      building services are restored such that Tenant can resume use and
      occupancy of the demised premises.

 

	6.  	
      ADA.
      Owner shall be responsible, at its cost, for complying with the Americans
      With Disabilities Act (“ADA”)
      with
      respect to all of the common/public areas of the building including,
      without limitation, all corridors and
lavatories.

 

	7.  	
      Damage/Destruction.
      In the event that the building or a portion thereof is damaged or
      destroyed such that Tenant shall be unable to use and occupy the entire
      demised premises and the estimated restoration period is more than 4
      months from the date of the casualty (or if the actual restoration work is
      not completed within such 4 months), Tenant shall have the right to
      terminate the Lease upon written notice to
Owner.

 

	8.  	
      Assignment
      and Subletting.
      If Tenant is a public company, the transfer of shares or interests in
      Tenant shall not be deemed an assignment of the Lease requiring Owner’s
      consent.

 

The first
sentence of Article 76 A 1A reading “The proposed assignee or subtenant is of
comparable character or financial worth with respect to the overtenant;” shall
be deleted.

 

In the
event Tenant desires to assign the Lease or sublease the demised premises or a
portion thereof, Tenant shall have the right to market same directly without the
assistance of a broker. In the event Tenant desires to retain a broker to assist
in any such assignment or subletting transaction, Tenant agrees to retain the
building’s managing agent, Kaufman/Adler Realty Co., as exclusive broker upon
mutually acceptable terms for a period not to exceed thirty (30) days after
which Tenant shall have the right, at its option, to retain another broker on an
exclusive basis.

 

Owner
agrees that it will not unreasonably withhold or delay its consent to any
proposed assignment of the Lease or sublease of the demised premises or a
portion thereof.

 

Article
76(A)(7) is modified to provide that the maximum aggregate fees or charges to be
imposed with respect to any assignment or sublease transaction shall be
$750.00.

 

Article
76(B) is revised to provide that Owner shall only have the right to terminate
the Lease if Tenant subleases more than fifty (50%) percent of the rentable area
at the Demised premises.

 

	9.  	
      Electricity.
      Except for the provision of the Electric Rider obligating Tenant to pay
      Owner the sum of $9,000.00 per annum, payable in monthly installments of
      $750.00 in respect of the consumption of electricity, the balance of the
      Electric Rider is omitted. In the event Tenant desires to make alterations
      or improvements to the demised premises to increase the electrical
      capacity serving the demised premises, Owner shall have the right, as a
      condition to granting its approval thereto (which approval shall not be
      unreasonably withheld or delayed), to require that the electrical
      consumption at the demised premises be surveyed in order to determine a
      revised electric charge for the demised premises to reflect Tenant’s
      actual electric consumption.

 

 

	10.  	
      Owner
      Access.
      Any access by Owner to the demised premises shall only be during
      reasonable business hours upon reasonable prior notice to Tenant (except
      in the case of an emergency). Such access shall be conducted in a manner
      that minimizes disruption of Tenant’s use and occupancy of the demised
      premises.

 

	11.  	
      Default.
      Article 53(C) of the Lease is omitted.

 

Tenant’s
failure to occupy the Demised premises shall not be deemed a default provided
that it is paying rent and otherwise complying with the terms of the
Lease.

 

	12.  	
      Building
      Services.
      Owner represents that as of the Commencement Date, all building systems
      including, without limitation, the heating, ventilation and air
      conditioning system, the plumbing system, the electrical system and the
      elevator system will be in good working order. Tenant is leasing the
      Demised premises in its “As Is” condition except for latent defects;
      provided that Owner shall be responsible for installing, prior to the
      Commencement Date, the radiator missing in one of the offices and radiator
      covers on all radiators in the demised
premises.

 

Owner
represents that the building is wired for telephone and internet service and
that Tenant shall have the right to connect into the building’s telephone and
internet service utilities at a panel box located in the corridor on the
11th floor of
the building. Tenant shall be responsible, at its expense, for the cost of
extending telephone/internet wiring from the 11th floor
corridor panel box to the demised premises and shall not be required to remove
any such wiring at the expiration or termination of the Lease. Tenant shall have
the right to select its own telephone and internet service providers; it being
understood and agreed that Tenant can access the existing telephone and internet
utilities without being obligated to use a designated service
provider.

 

	13.  	
      Possession.
      Article 24 is omitted.

 

	14.  	
      Notices.
      Any notice given by facsimile shall require a printed confirmation sheet
      evidencing the transmission and a copy of any such facsimile notice shall
      also be sent by reputable overnight courier service with next business day
      delivery specified.

 

Notices
to Tenant shall be sent to Tenant at the demised premises, Attention: Jeff
Cutler, with duplicate copies sent to:

 

Guru Net
Corporation

Jerusalem
Technology Park

Building
98

Jerusalem
91481 Israel

Attention:
Caleb Chill, Esq.

Facsimile
No.: 011 972 2 649 5001

and
to

Sills
Cummis Epstein & Gross P.C.

30
Rockefeller Center

New York,
New York 10112

Attention:
Edwin Weinberg, Esq.

Facsimile
No.: (212) 643-6550

 

Tenant
shall have the right to change any of the foregoing notice parties by giving
notice thereof to Owner. Tenant’s attorneys shall have the right to give notices
on behalf of Tenant.

 

	15.  	
      Sprinklers.
      Tenant shall not be responsible for upgrading or altering sprinkler
      service unless such upgrade or alteration results solely from alterations
      or improvements made to the demised premises by Tenant (other than the
      Initial Tenant Work).

 

	16.  	
      Building
      Access.
      Tenant shall have access to the demised premises (including elevator
      service) twenty-four (24) hours a day, seven (7) days a week. Owner agrees
      that the demised premises is served by a building wide heating system that
      functions 24 hours a day, 7 days a week with the understanding that the
      temperature setting during non-business hours is reduced but not
      eliminated.

 

	17.  	
      Security
      Deposit.
      Owner agrees that the security deposit shall be refunded within ten (10)
      business days following the expiration or termination of the Lease. If
      Owner sells the building, then Owner shall be released from its obligation
      with respect to the security deposit provided that it actually delivers
      the security deposit to the new owner and the new owner assumes, in
      writing, the obligation to comply with the provisions of the
      Lease.

 

	18.  	
      Plate
      Glass.
      Tenant shall only be responsible for replacing plate glass if it is
      damaged or broken by Tenant or its employees or
agents.

 

	19.  	
      Estoppel
      Certificate.
      The estoppel provisions in Articles 38 and 56 shall be mutual as to both
      Owner and Tenant.

 

	20.  	
      Building
      Director/Signs.
      Owner hereby consents to Tenant installing the name of Tenant and any
      affiliated companies and their respective logos on the entry door to the
      demised premises. Owner agrees that Tenant shall have the right to five
      (5) listings on the building’s directory without
charge.

 

	21.  	
      Locks.
      Tenant shall have the right to install new locks on the entry doors to the
      demised premises.

 

	22.  	
      Freight
      Elevator.
      Owner agrees that freight elevator service is available without charge
      during the building’s operating hours. Tenant shall have the right to move
      into the demised premises during the building’s operating hours without
      any freight elevator charge being imposed.

 

	23.  	
      Real
      Estate Taxes.
      Owner represents that the building is fully assessed and does not benefit
      from any tax abatement or similar program. Tenant shall only be required
      to contribute to Owner’s cost of contesting real estate taxes to the
      extent that Owner is successful; provided that the amount of such
      contribution by Tenant shall not exceed the actual benefit received by
      Tenant.

 

	24.  	
      Brokers.
      In the 5th
      line of Article 46, after the word “agent”, insert “who has dealt with
      Tenant (other than Owner/Kaufman Adler Realty Co.)”. Owner agrees that it
      shall pay any commission owing to Kaufman/Adler Realty Co. with respect to
      this Lease.

 

	25.  	
      Late
      Charge.
      Article 52(A) is revised to reduce the late charge to four (4%)
      percent.

 

	26.  	
      Holdover.
      Article 55 is revised to reduce the per diem holdover rent to 150% of the
      per diem rent and additional rent payable under the Lease for the last
      year of the term.

 

 

 

	27.  	
      Indemnification.
      Articles 62 and 67 are revised to exclude consequential damages from
      Tenant’s indemnity. The references to “counsel fees” in Article 62 shall
      be revised to read “reasonable counsel fees”. On the tenth (10th)
      line of Article 62 after the words “demised premises” insert the words “by
      the Tenant”.

 

	28.  	
      Local
      Laws,
      Owner agrees that Tenant’s maximum contribution obligation under
      Article 66 during the Lease term shall be $2,500.00 provided that
      Tenant shall have no obligation to contribute to any expenses relating to
      ADA with respect to public/common areas of the
building.

 

	29.  	
      Air
      Conditioning.
      Owner represents that the demised premises has a new air conditioning unit
      serving only the demised premises which can be controlled solely by the
      Tenant. Owner shall be responsible for the maintenance and repair of the
      air conditioning unit during the first year of the Lease term. Thereafter,
      Tenant shall obtain and maintain the service contract provided for in
      Article 68(b). Provided that Tenant obtains and maintains the air
      conditioning service contract referenced above, Owner will be responsible
      for any replacement of the air conditioning unit should such unit
      fail.

 

	30.  	
      Tenant
      Stipulation.
      Article 73(3) of the Lease shall be omitted. The notice provided for in
      Article 73(2) of the Lease shall be sent to the parties set forth in
      Paragraph 14 of this Additional Rider.

 

	31.  	
      Owner
      Insurance.
      Article 79 of the Lease shall be omitted.

 

	32.  	
      Access
      Cards.
      Owner shall provide Tenant with five (5) key access cards without
      charge.

 

	33.  	
      Right
      to Cancel.
      Article 82 is revised to provide that Tenant shall have the right to
      cancel the Lease at any time during the last two (2) years of the Lease
      term (i.e.: commencing May 1, 2008) upon ninety (90) days prior
      written notice by Tenant to Owner. The parties agree that the unamortized
      amount of free rent and leasing commissions if the Lease is terminated
      effective May 1, 2008 is $9,616.13; provided, however, that this amount
      shall reduce by the monthly amount of $400.67 for each and every month
      following May 1, 2008. To illustrate, in the event that the Lease is
      terminated effective May 1, 2009, the amount of unamortized free rent and
      leasing commissions payable to Owner shall be $4,808.07. In addition, in
      the event Tenant exercises its right to terminate the Lease pursuant to
      Article 82, Tenant agrees to forfeit its security deposit paid to Owner in
      the amount of $18,668.24.

 

	34.  	
      Asbestos.
      Owner represents and warrants to Tenant that the demised premises is free
      of asbestos. Within sixty (60) days of the date hereof, Owner will deliver
      to Tenant a Form ACP-5 confirming the
foregoing.

 

35TH STREET
ASSOCIATES

By:       

Name:      

Title:      

GURUNET
CORPORATION

By:        

Name:      

Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00084-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00084-of-00352.parquet"}]]