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Exhibit 10.56
AMENDMENT TO
EQUIPMENT LEASE AGREEMENT ("Agreement")
DATED AS OF
DECEMBER 23, 1987
THIS AMENDMENT TO EQUIPMENT LEASE AGREEMENT dated December 23, 1987 is
made as of December 29th, 1995, between General Electric Capital Corporation
(hereinafter called "Lessor"), and Genetics Institute, Inc. (hereinafter called
"Lessee"). Capitalized terms used but not defined herein shall have the
meanings ascribed to them in the Schedule and Agreement.
NOW, THEREFORE, in consideration of the sum of Ten Dollars ($10.00) in
hand paid, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree, to amend the
Agreement as follows:
Solely with respect to Equipment Schedule No. G-3 and G-4 dated as of
December 29, 1994 and December 29th, 1995 respectively ("G-3 and G-4"), Lessee
agrees to the following:
1. Notwithstanding anything in the Lease Agreement to the contrary, whichever
end of lease option the Lessee chooses for the first of Schedules G-3 or G-4 to
expire, Lessee shall be deemed to have elected to exercise the same option for
the other Schedule.
Except as expressly set forth herein, the terms and conditions of the
Agreement remain unmodified and in full force and effect.
IN WITNESS WHEREOF, Lessee and Lessor have caused this Amendment to
Equipment Lease Agreement to be executed by their duly authorized
representatives as of the date first above written.
GENERAL ELECTRIC CAPITAL GENETICS INSTITUTE, INC.
CORPORATION Lessee
Lessor
By: /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxxxx Xxxxx
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Name: Xxxxxxx X. Xxxxx Name: Xxxxxx Xxxxx
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