EXHIBIT 10.12
EIGHTH AMENDMENT TO LEASE
THIS AMENDMENT is entered into as of this 29th day of March, 1995,
between Oak Grove Parkway Building Partners, a Minnesota general
partnership ("Landlord") and Medical Graphics Corporation, a Minnesota
corporation ("Tenant").
RECITALS
1. Landlord and Tenant entered into that certain Lease Agreement dated
August 5, 1985, as amended by the First Amendment to Lease Agreement dated
August 29, 1985, the Second Amendment to Lease Agreement dated September 13,
1985, the Agreement with Respect to Lease dated September 18, 1985, the
Amendment dated August 1, 1989, the Fourth Amendment to Lease dated August 1,
1990, the Fifth Amendment to Lease dated October 17, 1990, the Sixth Amendment
to Lease dated October 17, 1990 and the Seventh Amendment to Lease dated
March 6, 1995 (the "Lease"), covering certain real property in Xxxxxxx Heights,
Xxxxxx County, Minnesota.
2. Landlord and Tenant desire to amend the Seventh Amendment to
Lease pursuant to the terms and conditions contained herein.
AGREEMENT
NOW, THEREFORE, in consideration of the mutual covenants, terms and
conditions contained herein and for other good and valuable consideration, the
receipt and sufficiency of which is hereby acknowledged, the parties hereby
agree to enter into the following agreement:
1. The fifth sentence of Section 11 of the Seventh Amendment to Lease is
hereby deleted and replaced in its entirety by the following: "From and after
the Second Expansion Premises Commencement Date, Tenant hereby agrees that in
addition to the rent as provided in paragraph three hereof, Tenant shall
monthly reimburse the Landlord in the amount of Three Hundred Seventy-three and
25/100 Dollars ($373.25) for each monthly payment of Six Hundred Forty-nine and
98/100 Dollars ($649.98) paid by the Landlord after the Second Expansion
Premises Commencement Date."
2. Except as modified herein, the terms of the Lease shall remain in
full force and effect.
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Dated the day and year first stated above.
LANDLORD: OAK GROVE PARKWAY BUILDING
PARTNERS, a Minnesota partnership
By [SIGNATURE]
--------------------------------------
Its General Partner
TENANT: MEDICAL GRAPHICS CORPORATION, a
Minnesota corporation
By [SIGNATURE]
--------------------------------------
Its Vice President
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The undersigned hereby consents to this Eighth Amendment pursuant to the
terms and conditions set forth herein.
AMERICAN BANK NATIONAL ASSOCIATION, a
national banking association
By [SIGNATURE]
---------------------------------------
Its Assistant Vice President
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397583/032395
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EXHIBIT 21.1
SUBSIDIARIES OF THE COMPANY
Jurisdiction or
Name of Direct Subsidiaries Organization
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Medical Graphics Corporation GmbH Germany
Name of Indirect Subsidiaries
None
