Exhibit 10.102
Xxxxxx X. Xxxxxx
dba RDB Company
0000 X. 00xx Xxxxxx
Xxxxxxxxx, Xxxxxx 00000
Re: First Amendment to Lease Agreement
Dear Xxxxxx:
As you know, RDB Company, an Alaska general partnership ("Landlord"), is the
landlord to GCI Communication Corp., an Alaska corporation, as successor in
interest to General Communication, Inc., an Alaska corporation ("Tenant"), under
a Lease Agreement dated September 30, 1991 ("Lease") concerning real property
located at 0000 Xxxx Xxxx, Xxxxxxxxx, Xxxxxx, legally described as Xxx 0X, XXX
Xxxxxxxxxxx, Xxxxxxxxx Xxxxxxxxx Xxxxxxxx, Xxxxxxxxx, Xxxxxx, including the
building and other improvements located on the real property ("Premises").
The following terms are offered as the first amendment to the Lease ("First
Amendment"):
1. The term of the Lease as stated in Paragraph 2 of the Lease is extended
and shall now expire on September 30, 2011.
2. Effective as of October 1, 2001, the lease rates shall be amended as
follows: For the period of October 1, 2001 ending September 30, 2003 the
rate shall be increased to $20,000.00 per month; for the period of
October 1, 2003 ending September 30, 2006 the lease rate shall be
$20,860.00 per month, and the lease rate for the period October 1, 2006
ending September 30, 2011 the lease rate shall be $21,532.00 per month.
3. The Premises as described in Paragraph 1 of the Lease are hereby amended
to Lot 1A, GCI Subdivision according to Plat 97-105 a Resubdivision of
Xxx 0, Xxxxx 0, Xxxxxxx Xxxxxxx (Xxxx 71-87) and Xxxx 00X & 00X, Xxxxx
0, Xxxxxxx Xxxxxxx (Xxxx 71-256), Anchorage Recording District.
4. Tenant hereby acknowledges that Landlord has paid the five hundred
thousand and no cents ($500,000.00) lease credit described in such
Paragraph 20 to Tenant.
Xxxxxx X. Xxxxxx
dba RDB Company
0000 X. 00xx Xxxxxx
Xxxxxxxxx, Xxxxxx 00000
5. Tenant hereby further acknowledges that Landlord has paid one hundred
thirty five thousand and no cents ($135,000.00) as additional
consideration for Tenant's execution of the First Amendment.
6. Landlord and Tenant hereby specifically incorporate by reference into
this First Amendment the remaining terms and conditions of the Lease.
All other terms and conditions of the Lease, except as expressly amended
above, remain in full force and effect.
7. This First Amendment shall be effective when the Tenant receives
Landlord's signed acknowledgment below.
If you have any questions regarding this First Amendment, please call
GCI COMMUNICATION CORP.,
as successor in interest to
GENERAL COMMUNICATION, INC.
By: /s/
Xxxx X. Xxxxxx
Senior Vice President and
Chief Financial Officer
The above First Amendment to the Lease is hereby approved and accepted as of
this 20th day of September, 2002, in Anchorage, Alaska.
RDB COMPANY
By: /s/
Xxxxxx X. Xxxxxx
BPaskvan\GCI Communication Corp.\RDB001.doc
