Exhibit 10.25
Old Gettysburg Associates
0000 Xxx Xxxxxxxxxx Xxxx
Xxxxxxxxxxxxx, XX 00000
First Addendum to Lease Agreement
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THIS FIRST AMENDMENT (this "First Amendment") is made as of the ___ day of June,
1999, by and between OLD GETTYSBURG ASSOCIATES, a Pennsylvania general
partnership ("Landlord"), and SELECT MEDICAL CORPORATION, a Delaware corporation
("Tenant").
BACKGROUND:
A. Landlord and Tenant are parties to that certain Office Lease Agreement dated
June 15, 1999, (the "Lease"), pursuant to which Landlord leased to Tenant,
and Tenant hired from Landlord, approximately 8,205 rentable square feet of
space in the building located at 0000 Xxx Xxxxxxxxxx, Xxxx, Xxxxxxxxxxxxx,
Xxxxxxxxxxxx. All capitalized terms not otherwise defined herein shall have
the meanings ascribed to them in the Lease.
B. Landlord desires to lease additional space in the Building to Tenant, and
Tenant desires to hire additional space in the Building from Landlord.
C. Landlord and Tenant now desire to amend the Lease as hereinafter set forth.
NOW, THEREFORE, in consideration of the mutual covenants and promises contained
herein, and intending to be legally bound hereby, Landlord and Tenant agree as
follows:
1. Tenant hereby agrees to lease from Landlord, and Landlord hereby agrees to
lease to Tenant, approximately 3865 rentable square feet of space on the
first floor of the Building designated as Suite 111 and more particularly
described on Exhibit A to this Amendment, attached hereto and made a part
hereof.
2. Tenant shall take the space AS-IS.
3. The Lease Term shall be from June 1, 1999 through December 31, 1999 or date
of Tenant's occupation of 0000 Xxx Xxxxxxxxxx Xxxx, if later.
4. Monthly Rent for the additional space shall be $5,269.28.
5. All other terms and conditions contained in the Lease and not amended hereby
remain in full force and effect.
IN WITNESS WHEREOF, Landlord and Tenant have caused this First Amendment to be
duly executed as of the Lease Commencement date of June 1, 1999.
Landlord:
Old Gettysburg Associates
a Pennsylvania general partnership
Witness: Illegible By: /s/ Xxxxxxx X. Xxxxxxx Date: 6/17/99
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Xxxxxxx X. Xxxxxxx
Agent for Owner
Tenant:
Select Medical Corporation
a Delaware Corporation
Attest: /s/ Xxxxxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxxxxxx Date: 6/1/99
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Xxxxxxx Xxxxxx Xxxxx X. Xxxxxxxxx
Secretary Vice President