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First Amendment To Lease Agreement Between 2800 Airport Road Limited Partnership And Victor Equipmen

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Exhibit 10.2 FIRST AMENDMENT TO AMENDED AND RESTATED
INDUSTRIAL REAL PROPERTY LEASE THIS FIRST AMENDMENT TO AMENDED AND RESTATED INDUSTRIAL REAL PROPERTY LEASE (the " First Amendment" ) made as of August 1, 2007, by and between 2800 AIRPORT ROAD LIMITED PARTNERSHIP, a Texas limited partnership, (" Landlord" ), whose address is care of First American Realty, Inc., 100 Central Street, P.O. Box 646, Worcester, Massachusetts 01613-0646, successor in interest to NATIONAL WAREHOUSE INVESTMENT COMPANY (the " Original Landlord" ), and VICTOR EQUIPMENT COMPANY, a Delaware corporation (" Tenant" ), whose address is 16052 Swingley Ridge Road, St. Louis, Missouri 63017. W I T N E S S E T H: WHEREAS, the Original Landlord and Tenant entered into that Amended and Restated Industrial Real Property Lease dated as of August 11, 1988, (the " Lease" ) covering the entire building (consisting of approximately 235,419 square feet of rentable space) located at 2800 Airport Road, Denton, Texas, together with the parcels on which the building is located; WHEREAS, the Lease is evidenced by a Memorandum of Lease filed in the Official records of Denton, Texas on June 7, 1988 in Volume 2390, Page 240; WHEREAS, the property leased to Tenant pursuant to the Lease was purchased by Landlord as of December 7, 2004 and Landlord is now the Landlord under the Lease; WHEREAS, Tenant extended the Lease Term in accordance with the applicable provisions of the Lease for an initial five (5) year Extension Period ending on June 30, 2008; WHEREAS, Landlord and Tenant have agreed to (a) provide for a second extension period of seven (7) years commencing as July 1, 2008 at an agreed-upon Base Monthly Rent; (b) provide for two (2) additional five (5) year Extension Periods under the Lease and (c) to make certain other revisions to the Lease; NOW, THEREFORE, in consideration of the agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant agree as follows: 1. Landlord Party. Tenant acknowledges and agrees that as of December 7, 2004 all references to Landlord in the Lease refer to 2800 Airport Road Limited Partnership, a Texas limited partnership, whose address is care of First American Realty, Inc., 100 Central Street, P.O. Box 646, Worcester, Massachusetts 01613-0646. 2. Notice Addresses. It is acknowledged and agreed that the addresses of Landlord and Tenant for the giving of notices pursuant to Section 16.7 of the Lease shall be, until a further change in address by written notice of a party, as follows:


Landlord: 2800 Airport Road Limited Partnership c/o First American Realty, Inc. 100 Central Street, P.O. Box 646 Worcester, MA 01613-0646 [Phone: (508) 798-8844] [Fax: (508) 756-4080] Tenant: Victor Equipment Company c/o Thermadyne Holdings Corporation Attn: General Counsel 16052 Swingley Ridge Road, Suite 300 St. Louis, MO 63017 [Phone (636) 728-3133] [Fax: (636) 728-3010] 3. Exercise of Second Extension Period. Tenant hereby irrevocably exercises its option to extend the Lease Term for the Second Extension Period and Landlord ackn
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