Document:

Unassociated Document

                                                                                        Exhibit
      10.55

    

       

      SECOND
        LEASE MODIFICATION

      

      THE
        LEASE AGREEMENT
        dated
        January 28, 2003 and modified thereafter, by and between AMERICAN
        CENTER LLC,
        a
        Michigan Limited Liability Company f/k/a
        AMERICAN CENTER ACQUISITION, LLC, a
        Michigan Limited Liability Company (the “Landlord”), and
        LDMI TELECOMMUNICATIONS INC., a
        Michigan corporation (the “Tenant”) for Suites
        #400, #500 and #1660 consisting
        of 39,594 rentable square feet (the “Premises” or “demised premises”) in the
AMERICAN
        CENTER (the
        “Building”) 27777 Franklin Road, Southfield, Michigan 48034 (the “Project”) is
        hereby modified as follows:

      

      
        	
                1.

              	
                Tenant
                  shall lease Storage Space #7 and Storage Space #8 (the “Storage Space”)
                  consisting of 250 square feet (as marked on Exhibit “A”) for a term of ten
                  years, six months to become effective June 1, 2003 and expire November
                  30,
                  2013.

              

      

      

      2. DELETION
        OF CERTAIN TERMS AND CONDITIONS - Section
        1.01 (g), BASE RENT, of the Lease dated January 28 2003 and modified thereafter,
        is deleted in its entirety and replaced with the following:

      

      The
        Base
        Monthly Rent shall be: 

      

      
        	
                Date

              	
                Existing

              	
                Storage
                  Space

              	
                Total
                  Monthly Base Rent

              	
                Period
                  Base Rent

              
	
                6/1/03
                  - 5/31/04

              	
                $68,464.62

              	
                $229.17

              	
                $68,693.80

              	
                $824,325.60

              
	
                6/1/04
                  - 5/31/05

              	
                $70,114.38

              	
                $239.58

              	
                $70,353.96

              	
                $844,247.52

              
	
                6/1/05
                  - 5/31/06

              	
                $71,764.13

              	
                $250.00

              	
                $72,014.13

              	
                $864,169.56

              
	
                6/1/06
                  - 5/31/07

              	
                $75,063.63

              	
                $260.42

              	
                $75,324.05

              	
                $903,888.60

              
	
                6/1/07
                  - 5/31/08

              	
                $76,713.38

              	
                $270.83

              	
                $76,984.21

              	
                $923,810.52

              
	
                6/1/08
                  - 5/31/09

              	
                $78,363.12

              	
                $281.25

              	
                $78,644.38

              	
                $943,732.56

              
	
                6/1/09
                  - 5/31/10

              	
                $80,012.88

              	
                $291.67

              	
                $80,304.55

              	
                $963,654.60

              
	
                6/1/10
                  - 5/31/11

              	
                $81,662.63

              	
                $302.08

              	
                $81,964.71

              	
                $983,576.52

              
	
                6/1/11
                  - 5/31/12

              	
                $83,312.37

              	
                $312.50

              	
                $83,624.88

              	
                $1,003,498.56

              
	
                6/1/12
                  - 5/31/13

              	
                $84,962.13

              	
                $322.92

              	
                $85,285.05

              	
                $1,023,420.60

              
	
                6/1/13
                  - 11/30/13

              	
                $84,962.13

              	
                $322.92

              	
                $85,285.05

              	
                $511,710.30*

              
	
                 

              	
                 

              	
                 

              	
                Aggregate

              	
                $9,790,034.94

              

      

      

                                                  *
        total
        is for six months

      

      3. Effective
        upon the date of this Second Lease Modification, the Existing Office Space
        consisting of 37,398 usable / 39,594 rentable square feet of Office Space
        together with the Storage Space consisting of 250 usable square feet shall
        be
        called the Premises.

      

      4. The
        Base
        Year shall remain 2004. The Tenant’s Proportionate Share shall
        remain:

      

      Tenant’s
        Proportionate Share of Operating
        Expenses, Utilities and Taxes:

      39,594
        Rentable
        square feet in the Premises divided by

      488,465
        Rentable
        square feet in the Building = 8.1058%

      

      Tenant’s
        Proportionate Share of Office
        Tower Space Cleaning:

      39,594
        Rentable
        square feet in the Premises divided by

      442,370
        Rentable
        square feet in the Building 8.9504%

      

      6. 
        DELETION OF CERTAIN TERMS AND CONDITIONS - Section
        D4.02, Deferral of Base Rent, of the Lease dated January 28, 2003 and modified
        thereafter, is deleted in its entirety and replaced with the
        following:

       

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Deferral of
        Base Rent - The
        amounts defined in the table below the “Deferred Rent”, of the Base Rent due for
        each Deferral Period will be paid according to Paragraph D4.03 of the Lease,
        and
        the balance of the Base Rent will be paid according to the Lease.

       

      
        	
                 

                For
                  Deferral Periods 

                 

                (defined
                  above)

                 

              	
                 

                DEFERRED
                  RENT

                 

              
	
                 

                First
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "First Deferred Rent"

                 

              
	
                 

                Second
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Second Deferred Rent"

                 

              
	
                 

                Third
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Third Deferred Rent"

                 

              
	
                 

                Fourth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Fourth Deferred Rent"

                 

              
	
                 

                Fifth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Fifth Deferred Rent"

                 

              
	
                 

                Sixth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Sixth Deferred Rent"

                 

              
	
                 

                Seventh
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Seventh Deferred Rent"

                 

              
	
                 

                Eighth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Eighth Deferred Rent"

                 

              
	
                 

                Ninth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Ninth Deferred Rent"

                 

              
	
                 

                Tenth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the "Tenth Deferred Rent"

                 

              
	
                 

                Eleventh
                  Deferral Period

                 

              	
                 

                $68,693.80.
                  the “Eleventh Deferred Rent”

                 

              
	
                 

                Twelfth
                  Deferral Period

                 

              	
                 

                $68,693.80,
                  the “Twelfth Deferred Rent”

                 

              
	
                Thirteenth
                  Deferral Period

              	
                 

                $35,176.98,
                  the " Thirteenth Deferral Rent"

                 

              
	
                Fourteenth
                  Deferral Period

              	
                 

                $35,176.98,
                  the "Fourteenth Deferral Rent"

                 

              
	
                Fifteenth
                  Deferral Period

              	
                 

                $70,353.96,
                  the "Fifteenth Deferral Rent"

                 

              
	
                Sixteenth
                  Deferral Period

              	
                 

                $35,176.98,
                  the "Sixteenth Deferral Rent"

                 

              
	
                Seventeenth
                  Deferral Period

              	
                 

                $35,176.98,
                  the "Seventeenth Deferral Rent"

                 

              
	
                Eighteenth
                  Deferral Period

              	
                 

                $70,353.96,
                  the "Eighteenth Deferral Rent"

                 

              
	
                Nineteenth
                  Deferral Period

              	
                 

                $35,176.98,
                  the "Nineteenth Deferral Rent"

                 

              
	
                Twentieth
                  Deferral Period

              	
                 

                $35,176.98,
                  the "Twentieth Deferral Rent"

                 

              
	
                Twenty-First
                  Deferral Period

              	
                 

                $70,353.96,
                  the "Twenty-First Deferral Rent"

                 

              
	
                Twenty-Second
                  Deferral Period

              	
                 

                $35,176.98,
                  the "Twenty-Second Deferral Rent"

                 

              
	
                Twenty-Third
                  Deferral Period

              	
                 

                $35,176.98,
                  the “Twenty-Third Deferral Rent”

                 

              
	
                Twenty-Fourth
                  Deferral Period

              	
                 

                $35,176.98,
                  the “Twenty-Fourth Deferral Rent”

                 

              

      

      

      

      

      
        	
                8.

              	
                MINOR
                  WORK
                  -
                  The cost of performing or providing the Minor Work in accordance
                  with the
                  Plans attached as Exhibit “A”, shall be born by the
                  Landlord.

              

      

      

      

      9. NON-DISCLOSURE
        - Tenant
        will not record this Lease or a memorandum hereof, and will not otherwise
        disclose the terms of this Lease to anyone other than its attorneys, accountants
        or employees who need to know of its contents in order to perform their duties
        for Tenant. Any other disclosure will be an event of Default under the Lease.
        Tenant agrees that Landlord shall have the right to publish a "tombstone"
        or
        other promotional description of this Lease.

      

      Except
        as
        hereinabove specifically provided to the contrary, all of the remaining terms,
        covenants, and agreements contained in said Lease, and all modifications
        thereafter, shall remain in full force and effect and shall be applicable
        to the
        Premises as described in said Lease is hereby acknowledged, ratified, and
        confirmed by the parties hereto.

      

      TENANT:  LANDLORD:

      

      
        	
                LDMI
                  TELECOMMUNICATIONS, INC., a
                  Michigan corporation

              	
                AMERICAN
                  CENTER LLC,
                  a
                  Michigan Limited Liability Company 

              
	 	
                By:
                  Southfield Office Manager,
                  Inc.

              

      

       

      

      By: /s/
        Michael Mahoney                                   
By:
/s/
        Paul A.
        Stodulski

      Printed:
        Micheal Mahoney                      
Printed: 
        Paul A. Stodulski - Secretary  

      DATED: 5/20/03                                                                                                
        DATED: 5/23/03 

                  

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        A

      

      STORAGE
        SPAC
 

       

      
 

      

      Minor
        Work: Landlord shall tear down dividing wall and eliminate door in Storage
        Space
        #8 as marked and finish to match.

      

      

      

      Approved
        by Tenant:

       

      LDMI
        TELECOMMUNICATIONS, INC., a
        Michigan corporation

       

       

      

      By:
        /s/ Michael Mahoney

      

      Printed:
        Michael Mahoney

      

      Its:
        CFOUnassociated Document

                                                                                        Exhibit
    10.56

     

    THIRD
      LEASE MODIFICATION

    

    THE
      LEASE AGREEMENT
      dated
      January 28, 2003 and modified thereafter, by and between AMERICAN
      CENTER LLC,
      a
      Michigan Limited Liability Company f/k/a
      AMERICAN CENTER ACQUISITION, LLC, a
      Michigan Limited Liability Company (the “Landlord”), and
      LDMI TELECOMMUNICATIONS INC., a
      Michigan corporation (the “Tenant”) for Suites
      #400, #500, #1660 consisting
      of 39,594 rentable square feet and
      Storage Space #7 and #8 consisting
      of 250 square feet (the “Premises” or “demised premises”) in the AMERICAN
      CENTER (the
      “Building”) 27777 Franklin Road, Southfield, Michigan 48034 (the “Project”) is
      hereby modified as follows:

    

    
      	
              1.

            	
              Tenant
                shall lease Suite #1680 (the “Expansion Space”) consisting of 3,779 square
                feet (as marked on Exhibit “A”) to become effective February 1, 2004 and
                expire November 30, 2013. 

            

    

    

    2. DELETION
      OF CERTAIN TERMS AND CONDITIONS - Section
      1.01 (g), BASE RENT, of the Lease dated January 28, 2003 is deleted in its
      entirety and replaced with the following:

    

    The
      Base
      Monthly Rent shall be: 

    

    
      	
              Date

            	
              Existing

            	
              Storage
                Space

            	
              Expansion
                Space

            	
              Total
                Monthly Base Rent

            	
              Total
                Base Rent for Period

            
	
              6/1/03
                - 1/31/04

            	
              $68,464.63

            	
              $229.17

            	
              $0.00

            	
              $68,693.80

            	
              $549,550.40

            
	
              2/1/04
                - 5/31/04

            	
              $68,464.63

            	
              $229.17

            	
              $6,534.52

            	
              $75,228.32

            	
              $300,913.28

            
	
              6/1/04
                - 5/31/05

            	
              $70,114.38

            	
              $239.58

            	
              $6,691.98

            	
              $77,045.94

            	
              $924,551.28

            
	
              6/1/05
                - 5/31/06

            	
              $71,764.13

            	
              $250.00

            	
              $6,849.44

            	
              $78,863.57

            	
              $946,362.84

            
	
              6/1/06
                - 5/31/07

            	
              $75,063.63

            	
              $260.42

            	
              $7,164.35

            	
              $82,488.40

            	
              $989,860.80

            
	
              6/1/07
                - 5/31/08

            	
              $76,713.38

            	
              $270.83

            	
              $7,321.81

            	
              $84,306.02

            	
              $1,011,672.24

            
	
              6/1/08
                - 5/31/09

            	
              $78,363.13

            	
              $281.25

            	
              $7,479.27

            	
              $86,123.65

            	
              $1,033,483.80

            
	
              6/1/09
                - 5/31/10

            	
              $80,012.88

            	
              $291.67

            	
              $7,636.73

            	
              $87,941.28

            	
              $1,055,295.36

            
	
              6/1/10
                - 5/31/11

            	
              $81,662.63

            	
              $302.08

            	
              $7,794.19

            	
              $89,758.90

            	
              $1,077,106.80

            
	
              6/1/11
                - 5/31/12

            	
              $83,312.38

            	
              $312.50

            	
              $7,951.65

            	
              $91,576.53

            	
              $1,098,918.36

            
	
              6/1/12
                - 5/31/13

            	
              $84,962.13

            	
              $322.92

            	
              $8,109.10

            	
              $93,394.15

            	
              $1,120,729.80

            
	
              6/1/13
                - 11/30/13

            	
              $84,962.13

            	
              $322.92

            	
              $8,109.10

            	
              $93,394.15

            	
              $560,364.90

            
	
               

            	
               

            	
               

            	
               

            	
              Aggregate

            	
              $10,668,809.86

            

    

    

               

    

    3. Effective
      February 1, 2004, the Existing Office Space and the Expansion Space totaling
      40,958 usable / 43,373 rentable square feet of Office Space together with the
      Storage Space consisting of 250 usable square feet shall be called the Premises
      (as marked on Exhibit “A-1”).

    

    4. The
      Base
      Year shall remain 2004. Effective February 1, 2004 the Tenant’s Proportionate
      Share shall be changed to:

    Tenant’s
      Proportionate Share of Operating
      Expenses, Utilities and Taxes:

    43,373
      Rentable
      square feet in the Premises divided by

    488,465
      Rentable
      square feet in the Building = 8.879%

    

    Tenant’s
      Proportionate Share of Office
      Tower Space Cleaning:

    43,373
      Rentable
      square feet in the Premises divided by

    442,370
      Rentable
      square feet in the Building 9.805%

    

    5. 
      DELETION OF CERTAIN TERMS AND CONDITIONS - Section
      D4.02, Deferral of Base Rent, of the Lease dated January 28, 2003 and modified
      thereafter, is deleted in its entirety and replaced with the
      following:

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Deferral of
      Base Rent - The
      amounts defined in the table below the “Deferred Rent”, of the Base Rent due for
      each Deferral Period will be paid according to Paragraph D4.03 of the Lease,
      and
      the balance of the Base Rent will be paid according to the Lease.

     

    
      	
               

              For
                Deferral Periods 

               

              (defined
                above)

               

            	
               

              DEFERRED
                RENT

               

            
	
               

              First
                Deferral Period

               

            	
               

              $68,693.80,
                the "First Deferred Rent"

               

            
	
               

              Second
                Deferral Period

               

            	
               

              $68,693.80,
                the "Second Deferred Rent"

               

            
	
               

              Third
                Deferral Period

               

            	
               

              $68,693.80,
                the "Third Deferred Rent"

               

            
	
               

              Fourth
                Deferral Period

               

            	
               

              $68,693.80,
                the "Fourth Deferred Rent"

               

            
	
               

              Fifth
                Deferral Period

               

            	
               

              $68,693.80,
                the "Fifth Deferred Rent"

               

            
	
               

              Sixth
                Deferral Period

               

            	
               

              $68,693.80,
                the "Sixth Deferred Rent"

               

            
	
               

              Seventh
                Deferral Period

               

            	
               

              $68,693.80,
                the "Seventh Deferred Rent"

               

            
	
               

              Eighth
                Deferral Period

               

            	
               

              $68,693.80,
                the "Eighth Deferred Rent"

               

            
	
               

              Ninth
                Deferral Period

               

            	
               

              $75,228.32,
                the "Ninth Deferred Rent"

               

            
	
               

              Tenth
                Deferral Period

               

            	
               

              $75,228.32,
                the "Tenth Deferred Rent"

               

            
	
               

              Eleventh
                Deferral Period

               

            	
               

              $75,228.32,
                the “Eleventh Deferred Rent”

               

            
	
               

              Twelfth
                Deferral Period

               

            	
               

              $75,228.32,
                the “Twelfth Deferred Rent”

               

            
	
              Thirteenth
                Deferral Period

            	
               

              $38,522.97,
                the " Thirteenth Deferral Rent"

               

            
	
              Fourteenth
                Deferral Period

            	
               

              $38,522.97,
                the "Fourteenth Deferral Rent"

               

            
	
              Fifteenth
                Deferral Period

            	
               

              $77,045.94,
                the "Fifteenth Deferral Rent"

               

            
	
              Sixteenth
                Deferral Period

            	
               

              $38,522.97,
                the "Sixteenth Deferral Rent"

               

            
	
              Seventeenth
                Deferral Period

            	
               

              $38,522.97,
                the "Seventeenth Deferral Rent"

               

            
	
              Eighteenth
                Deferral Period

            	
               

              $77,045.94,
                the "Eighteenth Deferral Rent"

               

            
	
              Nineteenth
                Deferral Period

            	
               

              $38,522.97,
                the "Nineteenth Deferral Rent"

               

            
	
              Twentieth
                Deferral Period

            	
               

              $38,522.97,
                the "Twentieth Deferral Rent"

               

            
	
              Twenty-First
                Deferral Period

            	
               

              $77,045.94,
                the "Twenty-First Deferral Rent"

               

            
	
              Twenty-Second
                Deferral Period

            	
               

              $38,522.97,
                the "Twenty-Second Deferral Rent"

               

            
	
              Twenty-Third
                Deferral Period

            	
               

              $38,522.97,
                the “Twenty-Third Deferral Rent”

               

            
	
              Twenty-Fourth
                Deferral Period

            	
               

              $38,522.97,
                the “Twenty-Fourth Deferral Rent”

               

            

    

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              6.

            	
              In
                addition to Section D1, EXCESS TENANT IMPROVEMENT COSTS, of the Lease
                dated January 28, 2003, Landlord agrees to provide the following
                Allowance
                toward Tenant Improvements of the Expansion
                Space:

            

    

     

     

    EXCESS
      TENANT IMPROVEMENT COSTS
      -
      Landlord shall provide up to Ninety-three
      Thousand, Five Hundred Thirty and 25/100 Dollars
      ($93,530.25)
      (the
      "Tenant Improvement Allowance")
      for the tenant improvements. Tenant shall be responsible for all costs in excess
      of the Tenant Improvement Allowance to construct the Tenant Improvements in
      accordance with the Plans. In the event the cost of completing the Tenant
      Improvements is less than the Tenant Improvement Allowance, Landlord shall
      retain the difference.
      In
      the event the estimated cost of completing the Tenant Improvements in accordance
      with the Plans as a result of Tenant changes shall exceed the Tenant Improvement
      Allowance, the Landlord shall provide Tenant with a Change
      Order
      (as defined below), documenting such increased cost and Tenant shall reimburse
      Landlord for such increased costs
      pursuant
      to the payment terms set forth in such Change
      Order.
      

    

    9. NON-DISCLOSURE
      - Tenant
      will not record this Lease or a memorandum hereof, and will not otherwise
      disclose the terms of this Lease to anyone other than its attorneys, accountants
      or employees who need to know of its contents in order to perform their duties
      for Tenant. Any other disclosure will be an event of Default under the Lease.
      Tenant agrees that Landlord shall have the right to publish a "tombstone" or
      other promotional description of this Lease.

    

    Except
      as
      hereinabove specifically provided to the contrary, all of the remaining terms,
      covenants, and agreements contained in said Lease, and all modifications
      thereafter, shall remain in full force and effect and shall be applicable to
      the
      Premises as described in said Lease is hereby acknowledged, ratified, and
      confirmed by the parties hereto.

    

    TENANT:  LANDLORD:

    

    
      	
              LDMI
                TELECOMMUNICATIONS, INC., a
                Michigan corporation

            	
              AMERICAN
                CENTER LLC,
                a
                Michigan Limited Liability Company 

            
	 	
              By:
                Southfield Office Manager,
                Inc.

            

    

     

    

    By: /s/
      Michael Mahoney                      
By:
      /s/ Paul A/ Stodulski   

    Printed:
      Michael Mahoney                                    
Printed:
      Paul
      A. Stodulski   

    Its:
      CFO                             
      Its:
      Treasure  

    Date:
      11-10-03                          
      Date:
      11-14-03 

              

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    EXPANSION
      SPACE

    

    

    

    
 

    

    Approved
      by Tenant:

     

    LDMI
      TELECOMMUNICATIONS, INC., a
      Michigan corporation

     

     

    By:
      /s/ Michael Mahoney

    Printed:
      Michael Mahoney

    Its:
      CFO       

    Date:
      11/10/03        

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A-1

    

    PREMISES
      SPACE PLAN

    

    

    

    

    

    

    

    
 

    Approved
      by Tenant:

     

    LDMI
      TELECOMMUNICATIONS, INC., a
      Michigan corporation

     

     

    By:
      /s/
      Michael Mahoney

    Printed:
      Michael Mahoney

    Its:
      CFO       

    Date:
      11/10/03

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