Amendment No.1 To Lease Agreement Dated 10-26-93

STATE OF GEORGIA


GWINNETT COUNTY


AMENDMENT NO. 1


THIS AMENDMENT NO. 1 to the Lease Agreement (the "Lease") dated the 8th day of August, 1997, by and between L-J Properties, Inc. ("Landlord") and Larson-Juhl Inc. ("Tenant"), made this 26th day of October 1993.


WITNESSETH


Whereas, Landlord leases to Tenant, and Tenant leases from Landlord "Leased Premises" (as defined in the Lease);


Whereas, Tenant desires to lease from Landlord that certain tract or parcel of land adjacent to the Leased Premises, as shown in Exhibit "A" (the "Adjacent Property"); whereas, the Landlord desires to lease to Tenant that certain tract or parcel of land adjacent to the Leased Premises;


Now, therefore, for and in consideration of the premises, the mutual covenants and agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby covenant and agree as follows:


1. Landlord and Tenant reaffirm that the Lease Agreement dated the 8th
day of August, 1991 by and between Landlord and Tenant is in full
force and effect.


2. Landlord hereby leases to Tenant, and Tenant hereby leases from
Landlord the Adjacent Property.


3. Term - to have and hold said Adjacent Property for a term coterminus
with the Lease Agreement (Section 2.01 and Section 29.01),
commencing October 26, 1993.


4. Rental - As rental for the Adjacent Property, Tenant agrees to pay
L-J Properties, Inc., for the account of Landlord, the sum of
Thirty-six Thousand Four Hundred Eighty Dollars ($36,480) per year,
payable in monthly installments ("Monthly Base Rent - Adjacent
Property") each in the amount of Three Thousand Forty Dollars
($3,040) on or before the first day of each calendar month beginning
on November 1, 1993 and thereafter for the remainder of the term,
together with any other additional rental as hereinafter


2
set forth. Monthly Base Rent - Adjacent Property hereunder shall be
adjusted annually, after written notice from the Landlord. The
annual Monthly Base Rent - Adjacent Property adjustment shall be the
greater of four and one-half percent (4.5%) or the proportional
increase, if any, in the United States Consumer Price Index (all ...