SEC Info - Universal Security Instruments Inc - ‘10-K’ for 3/31/09

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Universal Security Instruments Inc – ‘10-K’ for 3/31/09 – EX-10.9

On: Tuesday, 6/23/09, at 11:35am ET · For: 3/31/09 · Accession #: 1144204-9-33903 · File #: 1-31747

Previous ‘10-K’: ‘10-K/A’ on 2/17/09 for 3/31/08 · Next: ‘10-K’ on 6/23/10 for 3/31/10 · Latest: ‘10-K’ on 7/14/23 for 3/31/23 · 18 References:

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 6/23/09  Universal Sec Instruments Inc     10-K        3/31/09    8:3.1M                                   Vintage/FA

Annual Report — Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.67M 
 2: EX-10.9     Material Contract                                   HTML     23K 
 3: EX-23.1     Consent of Experts or Counsel                       HTML      8K 
 4: EX-23.2     Consent of Experts or Counsel                       HTML      8K 
 5: EX-31.1     Certification per Sarbanes-Oxley Act (Section 302)  HTML     15K 
 6: EX-31.2     Certification per Sarbanes-Oxley Act (Section 302)  HTML     15K 
 7: EX-32.1     Certification per Sarbanes-Oxley Act (Section 906)  HTML     10K 
 8: EX-99.1     Miscellaneous Exhibit                               HTML     63K

EX-10.9 — Material Contract

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

EXHIBIT 10.9

SECOND AMENDMENT OF LEASE

This Second Amendment of Lease, made and entered into this 23rd day of June, 2009 by and between St. John Properties, Inc., hereinafter called “Landlord” and Universal Security Instruments, Inc. hereinafter called “Tenant”.

RECITALS

This Second Amendment of Lease is made with reference to the following facts and objectives:

By Lease dated November 4, 2008 and as modified by a First Amendment of Lease dated March 5, 2009 (collectively referred to as “Lease”) Tenant leased from Landlord and Landlord leased to Tenant certain real property consisting of approximately 12,000 square feet of area which are commonly known as 11407 Cronhill Drive, Suites A-D, Owings Mills, Maryland 21117 (the “Premises”).

Said Lease is to expire March 31, 2019.

Tenant desires to acquire additional square footage known as 11407 Cronhill Drive, Suite E, Owings Mills, Maryland 21117, consisting of an agreed upon 3,000 square feet (the “Additional Premises”).

NOW THEREFORE, in consideration of the mutual covenants contained herein and in the Lease, Landlord and Tenant agree as follows:

Commencing September 1, 2009, Tenant’s leased premises shall be increased from 12,000 square feet to 15,000 square feet, (hereinafter referred to as the “Leased Premises”). Also commencing September 1, 2009, Tenant’s pro-rata share as defined in the Lease shall be increased from nine and fourteen hundredths percent (9.14%) to eleven and forty three hundredths percent (11.43%).

The lease term shall remain the same and expire March 31, 2019.

3. Effective on September 1, 2009, the rent for the Leased Premises shall be as follows:

Annual Rent			Monthly Rent
$	119,250.00		$	9,937.50

The Rent shall increase by three (3%) percent April 1, 2010 and each April 1 thereafter.

Tenant shall provide Landlord with additional Security deposit of $1,687.50 making the total security deposit held by Landlord equal to $9,937.50.

Landlord shall provide one (1) 8’x10’ opening in the existing warehouse wall to connect to expansion area. Landlord will tie the existing lights and sprinkler system for expansion area into Tenant’s existing space.

Tenant shall be given access to the expansion space as soon as Landlord’s work has been completed.

Tenant shall have the one time right to give back Suite E and reduce its square footage back to 12,000 square feet without penalty on September 1, 2011 by providing Landlord ninety (90) days prior written notice.

All other terms and conditions of the Lease are hereby ratified and shall remain in full force and effect.

IN WITNESS WHEREOF, Landlord and Tenant have respectively executed this SECOND AMENDMENT OF LEASE as of the day and year first above written.

Witness:

LANDLORD: St. John Properties, Inc.

By:

/s/

By:

/s/

Printed Name:

Richard Williamson

Title:

Senior Vice President

Witness:

TENANT: Universal Security Instruments, Inc.

By:

/s/

Printed Name:

Harvey B. Grossblatt

Title:

President

Dates Referenced Herein

This ‘10-K’ Filing	Date	Other Filings

	3/31/19	None on these Dates
	9/1/11
	4/1/10
	9/1/09
Filed on:	6/23/09
For Period End:	3/31/09
	3/5/09
	11/4/08
		List all Filings

18 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/20/24  Universal Sec Instruments Inc.    10-Q       12/31/23   41:2.4M                                   Toppan Merrill/FA2
11/20/23  Universal Sec Instruments Inc.    10-Q        9/30/23   41:2.4M                                   Toppan Merrill/FA2
 8/21/23  Universal Sec Instruments Inc.    10-Q        6/30/23   41:2.2M                                   Toppan Merrill/FA2
 7/14/23  Universal Sec Instruments Inc.    10-K        3/31/23   57:3.5M                                   Toppan Merrill/FA2
 2/16/23  Universal Sec Instruments Inc.    10-Q       12/31/22   45:2.5M                                   Toppan Merrill/FA2
11/21/22  Universal Sec Instruments Inc.    10-Q        9/30/22   45:2.4M                                   Toppan Merrill/FA2
 8/17/22  Universal Sec Instruments Inc.    10-Q        6/30/22   45:2.2M                                   Toppan Merrill/FA2
 7/14/22  Universal Sec Instruments Inc.    10-K        3/31/22   60:3.9M                                   Toppan Merrill/FA2
 5/16/22  Universal Sec Instruments Inc.    S-4                  107:18M                                    Toppan Merrill/FA
 2/16/22  Universal Sec Instruments Inc.    10-Q       12/31/21   45:2.4M                                   Toppan Merrill/FA2
11/19/21  Universal Sec Instruments Inc.    10-Q        9/30/21   45:2.3M                                   Toppan Merrill/FA2
 8/20/21  Universal Sec Instruments Inc.    10-Q        6/30/21   46:2M                                     Toppan Merrill/FA
 7/22/21  Universal Sec Instruments Inc.    10-K/A      3/31/21   58:2.8M                                   Toppan Merrill/FA
 7/08/21  Universal Sec Instruments Inc.    10-K        3/31/21    6:504K                                   Toppan Merrill/FA
 2/09/21  Universal Sec Instruments Inc.    10-Q       12/31/20   51:1.9M                                   Toppan Merrill/FA
11/09/20  Universal Sec Instruments Inc.    10-Q        9/30/20   51:1.8M                                   Toppan Merrill/FA
 8/19/20  Universal Sec Instruments Inc.    10-Q        6/30/20   50:1.6M                                   Toppan Merrill/FA
 8/11/20  Universal Sec Instruments Inc.    10-K        3/31/20   64:3.3M                                   Toppan Merrill/FA

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Filing Submission 0001144204-09-033903 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)