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Exhibit 10.20
FIRST AMENDMENT TO LEASE
THIS FIRST AMENDMENT TO LEASE made this 21st day of February, 1990,
between the EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES (hereinafter
referred to as "Landlord") and RIVENDELL OF AMERICA, INC. (hereinafter referred
to as "Tenant").
W I T N E S S E T H :
WHEREAS, Landlord and Tenant have heretofore entered into a Lease
Agreement, September 26, 1989, for space on the 5th Floor of the 0000 Xxxx Xxx
Xxxxxxxx xx Xxxxxxxxx, Xxxxxxxxx; and
WHEREAS, Tenant now desires to lease an additional 1,883 rentable
square feet on the Fifth (5th) Floor, as stipulated in the Rider to Lease.
NOW THEREFORE, effective and commencing February 1, 1990, Landlord and
Tenant hereby agree to amend the Lease as follows:
A. Article I., Lessee, Line 5. Delete "approximately 11,591
rentable square feet" and insert in lieu thereof "approximately 13,474
rentable square feet".
X. Xxxxx to Lease, Base Rent. At the end of this Section, add
the following language:
"For the 1,883 rentable square feet demised under the First
Amendment to Lease, Tenant shall pay to Landlord Base Rent in
accordance with the following schedule:
Years Annual Monthly
----- ------ -------
February 1, 1990 through $17,135.30 $1,427.94
October 31, 1990
November 1, 1990 through $28,433.30 $2,369.44
October 31, 1991
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November 1, 1991 through $32,199.30 $2,683.28
October 31, 1992
November 1, 1992 through $34,082.30 $2,840.19
October 31, 1993
November 1, 1993 through $34,082.30 $2,840.19
October 31, 1994
The base rent specified above shall be paid in accordance with the
provisions of Article II of this Lease.
Landlord shall xxxxx the monthly installments of Base Rent for the
premises demised under the First Amendment to Lease from February 1,
1990 through July 31, 1990."
Within the premises demised under this First Amendment to Lease,
Landlord shall furnish and install the improvements shown on Tenant's plans and
specifications, provided however, that Landlord's total cost for such
improvements shall not exceed $13,181.00.
This Amendment is subject to Landlord's receipt and execution of a
cancellation agreement with the tenant currently occupying said space.
Except as above amended, all the terms and conditions of the Lease
shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have executed this First
Amendment to Lease as of the day and year first above written.
Witnesses: THE EQUITABLE LIFE ASSURANCE SOCIETY
OF THE UNITED STATES
(Landlord)
By _______________________________ By _____________________________________
Witnesses: RIVENDELL OF AMERICA, INC.
(Tenant)
By _______________________________ By _____________________________________
