Third Amendment To Lease Agreement

THIRD AMENDMENT TO LEASE AGREEMENT



THIS THIRD AMENDMENT TO LEASE AGREEMENT (" Third Amendment ") is hereby made and entered into this 18th day of December, 2006, by and between KDC-CAROLINA INVESTMENTS 3, LP, a Delaware limited partnership (" Landlord "), and 3D SYSTEMS CORPORATION, a Delaware corporation (" Tenant ").



R E C I T A L S :



WHEREAS, Landlord and Tenant have heretofore entered into that certain Lease Agreement dated February 8, 2006 (the " Lease Agreement "); and



WHEREAS, Landlord and Tenant amended the Lease Agreement pursuant to the terms and conditions of that certain First Amendment to Lease Agreement dated effective as of June 15, 2006 (the " First Amendment "); and



WHEREAS, Landlord and Tenant further amended the Lease Agreement, as amended by the First Amendment, pursuant to the terms and conditions of that certain Second Amendment to Lease Agreement dated effective as of October 6, 2006 (the " Second Amendment "); and



WHEREAS, Exhibit F to the Lease Agreement provides, among other things, that in the event that certain Scope Changes (as defined in Exhibit F to the Lease Agreement) occur, either (a) Base Rent (as defined in the Lease Agreement) will be adjusted as provided for in Exhibit F, or (b) Tenant shall have the right to fund all or such portion of such excess costs in which case Base Rent will not be adjusted as a result of such Tenant expenditures; and



WHEREAS, certain Scope Changes have occurred in addition to those contemplated by the First Amendment and Second Amendment as hereinafter set forth, and Landlord and Tenant desire to provide for the funding of such Scope Changes; and



WHEREAS, Landlord and Tenant desire to further amend the Lease Agreement, as amended by the First Amendment and Second Amendment, as set forth in this Third Amendment.



A G R E E M E N T :



NOW, THEREFORE, for and in consideration of the premises and Ten Dollars and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows:



1. Defined Terms . All capitalized but undefined terms used in this Third Amendment shall have the meaning given such terms in the Lease Agreement.



2. Excused Delays . Tenant acknowledges that 92 days of Excused Delays have occurred under the Lease and the Target Commencement Date and the Commencement Date under the Lease is now November 22, 2006.



3. Section 35 of the Lease . Tenant acknowledges that it did not exercise the option to purchase the Premises under Section 35(a) of the Lease. Section 35 of the Lease is hereby terminated.



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4. Base Rent and Additional Rent . Landlord and Tenant have executed that cert ...