FIRST LEASE EXTENSION AGREEMENT
AGREEMENT made as of the 16 th day of January 2009 by and between 55 MADISON AVENUE
ASSOCIATES, LLC, a Delaware limited liability company, having its principal office c/o Ivy Realty Services,
LLC, One Paragon Drive, Suite 125, Montvale, New Jersey 07645 (hereinafter called “Landlord”), and
ACCESS INTEGRATED TECHNOLOGIES, INC., a New Jersey corporation, having its principal office at 55
Madison Avenue, Morristown, New Jersey 07960 (hereinafter called “Tenant”).
WHEREAS, 55 Madison Associates, LLC, as predecessor-in-interest to Landlord, and Tenant entered
into a Lease Agreement, dated March 10, 2005 (the “Lease”), for the lease of 5,237 rentable square feet of
space (the “Premises”) on the third (3rd) floor of the building located at 55 Madison Avenue, Morristown, New
Jersey (the ‘Building”); and
WHEREAS, Landlord and Tenant desire to amend the Lease to, among other things, extend the term of
the Lease to and including August 31, 2012; subject to and in accordance with the terms and conditions set forth
NOW, THEREFORE, in consideration of the mutual promises contained herein and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as
1.1 The recitals are specifically incorporated into the body of this Agreement and shall be binding
upon the parties hereto.
1.2 Unless expressly set forth to the contrary and except as modified by this Agreement, all
capitalized or defined terms shall have the meanings ascribed to them in the Lease.
The Lease is and shall be modified and amended as follows:
2.1 Term . The Term of the Lease is extended to and including August 31, 2012, unless sooner
terminated pursuant to any of the provisions of the Lease. Accordingly, from and after the date hereof, all