Supplemental Lease: Definition, Example
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Quick Facts — Supplemental Lease Lawyers
- Avg cost to draft a Lease Agreement: $800.00
- Avg cost to review a Lease Agreement: $660.00
- Lawyers available: 267 real estate lawyers
- Clients helped: 481 recent supplemental lease projects
- Avg lawyer rating: 4.98 (67 reviews)
What is a Supplemental Lease?
A supplemental lease is a type of agreement that is typically used when an original lease agreement has been violated in some way. This could be due to the tenant damaging the property or not paying rent on time. The lease is most commonly used to impose new terms and conditions that mitigate risk for landlords.
For example, in many cases, a supplemental lease will require the tenant to pay additional fees or fines. It may also give the landlord the right to evict the tenant if they fail to comply with the terms of the supplemental lease.
Supplemental Lease Sample
| 1. | The Lease and Amendments as last amended by Lease Extension and Modification Agreement II are hereby reinstated in full. | ||
| 2. | The term of the Lease shall commence on September 1, 2011 and expire on March 31, 2014. | ||
| 3. | The Net Usable Square Feet shall be 20,000 Net Usable Square Feet. | ||
| 4. | Landlord acknowledges receipt of the rent due September 1, 2011 in the amount of $5,000. | ||
| 5. | Commencing with the rental payment due October 1, 2011 and continuing through and including March 31, 2012, the Base Rent shall be $72,000 per year, payable in equal monthly installments of $6,000 each on the 1st day of each and every month throughout the term aforesaid, that is October 1, 2011 through March 1, 2012. | ||
| 6. | Tenant in addition to the Base Rent, shall make a single payment to Landlord during the 1st week of October, 2011 in the amount of $18,432.75. This payment is in full and final satisfaction of the obligation to pay such amount under the provisions of paragraph 5 of the Sixth Amendment to the Lease. | ||
| 7. | Tenant shall have a single option to terminate this Lease exercisable only during the month of March, 2012, only in the event Tenant does not receive either a Department of Energy grant of $1,000,000 or greater for which Tenant has already applied, or a Department of Defense Contract of $1,000,000 or greater as to which the Tenant has submitted a bid. Tenant agrees to use its best efforts in order to obtain either or both of the Department of Energy grant and the Department of Defense contract. | ||
| 8. | In the event the Tenant terminates this Lease as provided herein during the month of March, 2012, then in such event Tenant’s sole rental obligation to Landlord for Base Rent and Additional Rent during the period of this Lease from September 1, 2011 through March 31, 2012, shall be the rental obligations provided for during those periods of time set forth in paragraphs 5 and 6 above. Other than the rental obligation, Tenant shall continue to abide by and be obligated to perform all of the other terms and provisions of the Lease. | ||
| 9. | In the event the Tenant is awarded either the Department of Energy grant already applied for or the Department of Defense Contract already bid upon, each as described in Section 7 above, then in such event, commencing on the 1st day of the month immediately following the date Tenant receives formal notification of the receipt of such grant or contract, the Base Rent shall be increased from $6,000 per month to $17,500 per month, plus the Tenant’s proportionate share of taxes, insurance and other building operating expenses as set forth in the original Lease, making Tenant’s total amount due $23,451.57 per month. Tenant shall otherwise perform all other terms and provisions of the Lease and all prior amendments, except as modified by this “Supplemental Lease Extension and Modification Agreement.” | ||
| 10. | Landlord hereby waives, release and relinquished any claim for past due rent and additional rent prior to September 1, 2011. | ||
| 11. | Except as modified herby, all of the terms and provisions of the Lease Agreement and all prior Amendments are hereby ratified and confirmed by the parties in all respects. | ||
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KINGFISHER, LLC
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/s/ Edward L. Hoe, Jr., Member Manager
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By: Edward L. Hoe, Jr., Member Manager
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MTI MICROFUEL CELLS INC.
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/s/ Peng L. Kim, Chief Executive Officer
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By: Peng K. Lim, Chief Executive Officer
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Reference:
Security Exchange Commission - Edgar Database, EX-10.1 2 exhibit10-1.htm SUPPLEMENTAL LEASE EXTENSION AND MODIFICATION AGREEMENT, Viewed October 13, 2022, View Source on SEC.
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Lawyers with backgrounds working on supplemental leases work with clients to help. Do you need help with a supplemental lease?
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Meet some of our Supplemental Lease Lawyers
Elexius E.
My name is Elexius. I’ve been practicing since 2016. I began my career doing defense work for insurance companies. I handled worker’s compensation cases, insurance subrogation claims and a number of related employment issues including wage and hour disputes, resignation, termination and release of claims. I also handled employee contract matters and revised contracts as needed for my clients. In my current role I draft contracts and related agreements, including cease and desist, letters of understanding, and various notices. I also handle contractual interference issues.
"Great work! Elexius identified areas in the document that I hadn’t noticed and highlighted the risks involved if I proceed with executing the property management contract — it was absolutely worth the cost."
Don G.
Texas licensed attorney specializing for 22 years in Business and Contract law with a focus on construction law and business operations. My services include General Business Law Advisement; Contract Review and Drafting; Legal Research and Writing; Business Formation; Articles or Instructive Writing; and more. I am able to draft and review contracts, and have experience with, contract law and business formation in any state. For more insight into my skills and experience, please feel free to visit my LinkedIn profile or contact me with any questions.
"Don is very responsive, knowledgeable, efficient and professional."
Heather B.
Heather B.
Delivering proactive and strategic guidance to health and fitness professionals and entities as they scale.
"I appreciate the timeliness of the response. If you need more docs for payment please let me know."
Justin A.
I am a lawyer who helps small businesses, nonprofits, and startups with a wide variety of agreements, corporate formation, and corporate governance. I earned my BA from Tulane University and my JD from the University of Chicago Law School. Before starting my own practice, I worked at an international law firm in New York City. Outside of work, I am on the board of the nonprofit Seattle REconomy (which runs the NE Seattle and Shoreline tool libraries) and I enjoy gardening, baking bread, and outdoor activities with my spouse and two dogs.
"Justin provided excellent, expedient service and made sure my needs were met satisfactorily."
Fabian G.
Fabian Garcia Villanueva is the Managing Attorney and Founder of GV Law PLLC, a premier boutique law firm delivering Big Law level representation to clients across corporate, transactional, and regulatory matters. At GV Law, Mr. Garcia leads a multidisciplinary team that advises business owners, investors, and professionals on complex transactions, strategic growth initiatives, and compliance across multiple sectors including healthcare, finance, real estate, technology, and international business. The firm handles everything from business formations and cross-border transactions to mergers and acquisitions, private offerings, commercial agreements, and ongoing legal operations support. Known for precision, strategic thinking, and relentless attention to detail, Mr. Garcia brings the rigor of top-tier law firms into a modern, agile practice. GV Law’s clients include emerging ventures, established corporations, and high-net-worth individuals seeking first-class legal partnership built on trust, efficiency, and results.
"Good work, on time, good communications - very smooth process."
Brett S.
I attended the University of Illinois- College of Law on a full merit scholarship. While in law school, I was a 711 Attorney at the Lake County State's Attorney's Office, specializing in traffic and misdemeanor cases. After graduation, I served as in-house counsel for one of the largest insurance companies in the world, managing thousands of cases from initial intake to trial. Upon leaving this position, I accepted a role as Legal Counsel to the Illinois Senate Minority Leader. There, I advised Senators on legislative matters, labor and employment law, and complex constitutional questions. After leaving public service, I accepted a role at a mid-size Chicago-based law firm, where I practice insurance defense and litigation. In addition to this, I also serve as outside general counsel to a food brokerage business, where I handle all of their labor and employment matters.
"Prompt and delivered project on time even with short notice."
November 1, 2023
Luiza D.
I represent business owners throughout California with their business, IP and employment law matters.
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Browse Lawyers NowLawyer Reviews for Supplemental Lease Projects
Review Lease Agreement
"Zachariah delivered a thorough 11-page memo that covered enforceability analysis, Colorado-specific compliance, and practical recommendations. He identified threshold issues I hadn't considered and provided clear, actionable revisions. The follow-up call was equally valuable. Fast turnaround, no filler, and easy to work with. Exactly what you want from an attorney on a commercial deal."
Review Lease Agreement
"Quick response provided feedback needed. Highly recommended"
Lease Agreement Review
"Allen is an exceptional legal professional. He reviewed a complex commercial lease on my behalf, bringing thoughtful recommendations and comprehensive revisions that genuinely protected my interests as a tenant. He patiently addressed all my questions throughout, and his responsiveness was outstanding which critical in commercial leasing, where things move fast. The service exceeded my expectations. I'd use Allen again without hesitation and recommend him highly to anyone needing sharp, reliable legal counsel."
Reply From Allen L.
Thank you -- glad the lease revisions gave you real protection as the tenant, and that the pace worked for you given how fast commercial leasing can move. Always happy to help. Allen
View More1 year Residential lease for a house in Tiburon CA
"Libby was fantastic to work with — clear, responsive, and highly knowledgeable. She handled our lease revisions efficiently and with great attention to detail. We’re very pleased with the final result and look forward to working with her again."
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
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Location: Texas
Turnaround: Less than a week
Service: Drafting
Doc Type: Lease Agreement
Number of Bids: 4
Bid Range: $500 - $700
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