Document:

Unassociated Document

                                                                                Exhibit
    10.49

    

    

    AMENDMENT
      TO LEASE

    

    

    THIS
      Amendment
      made
      this 4th
      day
      of August 2005,
      by and
      between Phoenix
      Business Park, LLC, successor
      Lessor to DA Phoenix, LLC, successor to BSRT Phoenix Business Park LLC, an
      Illinois Limited Liability Company, as “Lessor” and Network
      Telephone Inc.,
      successor in interest to LightNetworks,
      Inc.,
      as
“Lessee”.

    

    WITNESSETH:

    

    WHEREAS,
      the
      parties hereto made and entered into a Lease Agreement dated January
      13, 2000,
      for
      premises located at 2700
      NE Expressway, Suites B-700-900, Atlanta, Georgia 30345.

    

    WHEREAS,
      the
      parties wish to modify the Lease Agreement as hereinafter provided.

    

    WHEREAS,
      the
      terms Lessor and Landlord shall have the same meaning herein; and the terms
      Lessee and Tenant shall have the same meanings herein.

    

    NOW
      THEREFORE, in consideration of the exchange of valuable consideration, the
      receipt and sufficiency of which are hereby acknowledged, the parties hereto
      agree that said lease shall be amended as follows:

    

     

    
      	1.  	
              Conditional
                Release of a Portion of the Premises. The Premises as drawn on Exhibit
“A”
                of this Amendment to Lease shall demonstrate the Released Premises
                as
                shaded, Lessor shall, at its own cost, build the demising wall that
                will
                separate the Premises from the Released Premises. Tenant shall be
                responsible for leaving the Released Premises in the original condition
                that it accepted the Premises.

            

    

     

     

    
      	2.  	
              Release
                of Lessee’s Maintenance Obligation. Lessee shall be released immediately
                after the construction and completion of the Demising Wall that will
                be
                built to separate the Premises from the Released Premises upon execution
                of this Amendment to Lease, from any obligation to maintain the Released
                Premises, including its JVAC systems and other maintenance obligations
                for
                the Released Premises until the end of the
                Term.

            

    

     

     

    
      	3.  	
              Furniture
                and Vacate. Lessee shall remove all furniture that are currently
                in the
                Released Premises and vacate it immediately. Lessee shall remove
                its
                security, and phone/Data cabling if it desires no later than
                8/12/05.

            

    

     

     

    
      	4.  	
              The
                Premises, after the construction and completion of the Demising Wall
                shall
                constitute and comprise 14,412 rentable square feet as shown on Exhibit
                “A’ of this Amendment to Lease.

            

    

     

     

    
      	5.  	
              Tenant
                shall be responsible for 50% of all costs and obligations of the
                1,311
                Common Area for the restrooms that will be created when the Demising
                Wall
                is constructed and the network Telephone Wall, as shown on Exhibit
“A”, is
                built.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	6.  	
              Landlord
                shall be responsible for the cost and construction of the Network
                Telephone demising Wall, as well as construction items identified
                on
                attached Action Item List under Landlord Cost. The second list headed
                Tenant Cost, will be completed by Landlord at Tenant’s cost. Landlord will
                provide Tenant with itemized cost of each item specified. Any Tenant
                Cost
                will be amortized into the base rental rate on a straight line basis
                over
                the 5 year renewal term. Landlord is also responsible for the cost
                of
                replacing any of the HVAC units, if each unit has been properly maintained
                by a licensed certified HVAC technician, on at least a quarterly
                basis for
                the duration of the Term, and one should be deemed by Landlord’s HVAC
                Contractor to be unrepairable during the
                Term.

            

    

     

     

    
      	7.  	
              New
                Base Rent and New Term

            

    

     

    
      	
               

              November
                1, 2005-October 31, 2006

               

            	
               

              $11,409.50
                per month

               

            
	
               

              November
                1, 2006-October 31, 2007

               

            	
               

              $11,751.76
                per month

               

            
	
               

              November
                1, 2007-October 31, 2008

               

            	
               

              $12,104.34
                per month

               

            
	
               

              November
                1, 2008-October 31, 2009

               

            	
               

              $12,467.47
                per month

               

            
	
               

              November
                1, 2009-October 31, 2010

               

            	
               

              $12,841.50
                per month

               

            

    

     

    
      	8.  	
              Lessee
                shall have two (2) five (5) year renewal options at the then Market
                Rate.
                Such options must be exercised by providing written Notice not less
                than
                180 days in advance.

            

    

     

     

    
      	9.  	
              Tenant
                shall retain a Letter of Credit in favor of the Landlord in the amount
                of
                $100,000 with a bona fide banking institution that shall meet Landlord’s
                approval. Such Letter of Credit shall be in the same form and working
                as
                the current one that Landlord and its Lender hld for Tenant. Should
                Landlord refinance the Park or Property, or any portion of it, and
                if
                Landlord’s new Lender does not require such Letter of Credit to be held as
                collaterally assigned for the Landlord’s note, and Tenant is not in
                Default, then such Letter of Credit shall no longer be a necessary
                instrument of Security for the Lease and it may be replaced with
                a
                Security Deposit in the amount of one month’s rental the time of such
                change. In addition Landlord will return to Tenant the existing cash
                security deposit, if one shall exist, within 30 days of
                execution.

            

    

     

     

    
      	10.  	
              Landlord
                formally rescinds the Default Letter it sent in April, 2005 and state
                that
                Tenant is not in Default at the time of the execution of this Amendment
                to
                Lease.

            

    

     

     

    
      	11.  	
              Tenant
                shall indemnify Landlord against any and all claims by a Broker in
                conjunction with this Amendment.

            

    

     

    

    The
      monthly rental shall be paid under the same terms and conditions as specified
      in
      the Lease Agreement, except as provided herein.

    

    All
      other
      terms, provision and covenants of the Lease Agreement shall remain full force
      and effect.

    

    IN
      WITNESS WHEREOF, the parties herein have hereto set their hands and seals in
      triplicate, the day and year first above written.

    

    “LESSOR”   

    

    Phoenix
      Business Park, LLC

    

    By:_______________________

     

    Title:Manager

    

    

    

    “LESSEE”   

    

    Network
      Telephone Inc.

    

    By:
      Danyelle Kennedy Lantz

    

    Title:
      CFO and Secretaryatsecondamdas

                                                                                Exhibit
    10.50

    

    

    AMENDMENT
      TO LEASE

    

    

    THIS
      Amendment
      made
      this  day
      of
October
      2005,
      by and
      between Phoenix
      Business Park, LLC,
      successor Lessor to DA Phoenix, LLC, successor to BSRT Phoenix Business Park
      L.L.C., an Illinois Limited Liability Company, as "Lessor" and Network
      Telephone, Inc.,
      successor in interest to LightNetworks,
      Inc,
      as
“Lessee".

    

    WITNESSETH:

    

    WHEREAS,
      the
      parties hereto made and entered into a Lease Agreement dated January
      13, 2000,
      for
      premises located at 2700
      NE Expressway, Suites B-700 - 900, Atlanta, Georgia 30345
      .

    

    WHEREAS,
      the
      parties hereto amended the Lease on August 4, 2005;

     

    WHEREAS,
      the
      parties wish to modify the Lease Agreement as hereinafter provided.

    

    WHEREAS,
      the
      terms Lessor and Landlord shall have the same meaning herein; and the terms
      Lessee and Tenant shall have the same meanings herein

    

    NOW,
      THEREFORE,
      in
      consideration of the exchange of valuable consideration, the receipt and
      sufficiency of which are hereby acknowledged, the parties hereto agree that
      said
      lease shall be amended as follows:

    

    
      	 	
              1.

            	
              New
                Size of the Premises.
                The Premises as drawn on Exhibit “A” of this Amendment to Lease shall
                demonstrate the new Premises. The Premises shall comprise 15,067
                rentable
                square feet. Lessor shall, at its own cost, build the demising wall
                that
                will separate the Premises from the adjacent tenant. Lessee shall
                be
                responsible for maintaining the Premises as stated in the Lease and
                the
                previous Amendments of the Lease.

            

    

    

    
      	2.  	
              Lessee’s
                Maintenance Obligation.
                Lessee shall be responsible for the maintenance of the newly added
                portion
                of the Premises that was formerly known as the Common Area Restrooms,
                after the construction and completion of the Demising Wall that has
                been
                built to separate the Premises from the adjacent tenant’s
                premises

            

    

    

    
      	3.  	
              HVAC
                For The Newly Added Portion Of The Premises.
                Currently, the HVAC that services the restrooms located in the newly
                added
                portion of the Premises is being serviced by the adjacent tenant.
                Lessee
                acknowledges this fact and understands that the adjacent tenant is
                currently responsible for maintaining this unit and has no current
                plans
                to alter this situation. Lessor shall act as a facilitator to attempt
                to
                keep the restrooms’ HVAC operational and temperature reasonably
                maintained. Lessee further acknowledges that it may, at its own expense,
                at a later date, adjust the ducts and air flow within its restroom
                areas
                so that its’ own HVAC system services this area and therefore not the
                adjacent tenant’s HVAC system (servicing this
                area).

            

    

    

    
      	4.  	
              Lessor
                shall not be responsible for the cost and construction of any of
                the work
                that Lessee wishes to perform to modify its own plans within its’ Premises
                other than constructing the Demising wall. Furthermore, Lessor shall
                not
                be required to install the Network Telephone Wall by the restrooms
                that
                was previously mentioned in the Amendment prior to this one. Lessor
                shall
                not be required to “shorten the wall” for the Common Area Restrooms since
                there will no longer be any common are
                restrooms.

            

    

    

    
      	5.  	
              Lessor
                shall be responsible to cut in and frame the Network Telephone logo
                window. Lessee shall pay for the cost of the window, glass, and mullion
                frame around the window.

            

    

    

    
      	6.  	
              New
                Base Rent and New Term.
                

            

    

    

    November
      1, 2005 - October 31, 2006  $11,928.04
      per month

    November
      1, 2006 - October 31, 2007  $12,285.88
      per month

    November
      1, 2007 - October 31, 2008  $12,654.46
      per month

    November
      1, 2008 - October 31, 2009  $13,034.09
      per month

    November
      1, 2009 - October 31, 20010  $13,425.11
      per month

    

    
      	7.  	
              If
                at any time in the future, a governing authority deems that the restroom
                plan for the adjacent tenant can not be reasonably adjusted to meet
                the
                proper building code, then Lessor shall have the right, but not the
                obligation, to immediately nullify this Amendment for this sole reason
                and
                shall rebuild the walls mentioned at its’ cost and the rentals shall
                adjust accordingly from the time of substantial completion of the
                common
                area restroom walls that will be
                created.

            

    

    

    
      	8.  	
              Each
                party shall indemnify, defend, and hold harmless from and against
                any and
                all costs, expenses and liabilities for commissions or other compensation
                or charges claimed by any broker or agent who claims to have acted
                on
                behalf of one party or the other in relation to this Amendment or
                the
                Lease.

            

    

    

    The
      monthly rental shall be paid under the same terms and conditions as specified
      in
      the Lease Agreement, except as provided herein.

    

    All
      other
      terms, provision and convenants of the Lease Agreement shall remain in full
      force and effect.

    

    IN
      WITNESS WHEREOF, the parties herein have hereto set their hands and seals in
      triplicate, the day and year first above written.

    

    "LESSOR"

    

    Phoenix
      Business Park. LLC  

    

    By:/s/__________________________

    Its:___________________________

     

    

    "LESSEE"

    

    Network
      Telephone, Inc.

     

    By:
      /s/ Danyelle Kennedy     

    It's:
      CFO and Secretary

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