STATE OF NORTH CAROLINA
COUNTY OF NEW HANOVER
AMENDMENT TO LEASE
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THIS AMENDMENT TO LEASE AGREEMENT, entered into as of this 14th day of
April, 1999, by and between BBC FAMILY LIMITED PARTNERSHIP, a North Carolina
limited partnership, whose address is 0000 Xxxx Xxxxx Xxxx, Xxxxxxxxxx, X. C.
28401, PHARMACEUTICAL PRODUCT DEVELOPMENT, INC., a North Carolina corporation,
whose address is 0000 Xxxxx 00xx Xxxxxx, Xxxxxxxxxx, XX 00000 and PPD PHARMACO,
INC., a Texas corporation, whose address is 0000 Xxxxx 00xx Xxxxxx, Xxxxxxxxxx,
XX 00000;
W I T N E S S E T H :
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THAT, WHEREAS, by lease agreement entered into as of March 25, 1996
("Lease Agreement"), BBC FAMILY LIMITED PARTNERSHIP leased certain premises in
New Hanover County, North Carolina, to PHARMACEUTICAL PRODUCT DEVELOPMENT, INC.;
and
WHEREAS, pursuant to an Assignment and Assumption Agreement between the
parties hereto dated December 31, 1996, PHARMACEUTICAL PRODUCT DEVELOPMENT,
INC., assigned all of its right, title and interest in the Lease Agreement to
PPD PHARMACO, INC; and
WHEREAS, the parties hereto now desire to amend the said Lease
Agreement to correct an error in the legal description of the leased premises;
NOW, THEREFORE, for valuable consideration received by each of the
parties hereto, from the other, the receipt and legal sufficiency of which is
hereby acknowledged, it is agreed that the aforesaid Lease Agreement is amended
as follows:
1. THE DESCRIPTION OF REAL PROPERTY INSERTED IN THE LEASE AGREEMENT IS HEREBY
AMENDED BY DELETING THE SAME IN ITS ENTIRETY AND INSERTING IN LIEU THEREOF
EXHIBIT "A" ATTACHED HERETO.
Except as herein expressly amended, all of the terms and conditions of
the said Lease Agreement remain in full force and effect.
IN WITNESS WHEREOF, BBC FAMILY LIMITED PARTNERSHIP has caused
this instrument to be executed under seal in its partnership name by all of its
General Partners, PHARMACEUTICAL PRODUCT DEVELOPMENT, INC., has caused this
instrument to be executed in its corporate name by its Vice- President, attested
by its ______________ Secretary, and its corporate seal to be hereunto affixed,
all by authority of its Board of Directors duly given and PPD PHARMACO, INC. has
caused this instrument to be executed in its corporate name by its Vice-
President, attested by its ______________ Secretary, and its corporate seal to
be hereunto affixed, all by authority of its Board of Directors duly given.
BBC FAMILY LIMITED PARTNERSHIP (SEAL)
By /s/ Xxxxx X. Xxxxxxxx (SEAL)
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Xxxxx X. Xxxxxxxx
General Partner
By /s/ Xxxx X. Xxxxxx (SEAL)
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Xxxx X. Xxxxxx
General Partner
PHARMACEUTICAL PRODUCT DEVELOPMENT, INC.
By: /s/ Xxxx X. Xxxxxx
--------------------------------
Xxxx X. Xxxxxx, Vice- President
ATTEST:
/s/ Xxxx X. Xxxxxxxxx, Xx.
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Xxxx X. Xxxxxxxxx, Xx., Secretary
(Affix Corporate Seal)
PPD PHARMACO, INC.
By: /s/ Xxxx X. Xxxxxx
-------------------------------
Xxxx X. Xxxxxx, Vice- President
ATTEST:
/s/ Xxxx X. Xxxxxxxxx, Xx.
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Xxxx X. Xxxxxxxxx, Xx., Secretary
(Affix Corporate Seal)
STATE OF NORTH CAROLINA
COUNTY OF NEW HANOVER
I, Xxxxxxxx Xxxxx, a Notary Public of New Hanover County, North
Carolina, do hereby certify that XXXXX X. XXXXXXXX, and XXXX X. XXXXXX, the
General Partners of BBC FAMILY LIMITED PARTNERSHIP, a limited partnership,
personally appeared before me this day and acknowledged the due execution of the
foregoing instrument.
Witness my hand and notarial seal, this the 14th day of April, 1999.
/s/ Xxxxxxxx Xxxxx
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Notary Public
My commission expires: 0-00-0000
XXXXX XX XXXXX XXXXXXXX
XXXXXX XX XXX XXXXXXX
I, Xxxx X. Xxxxxxx, a Notary Public of New Hanover County, North
Carolina, do hereby certify that Xxxx X. Xxxxxxxxx, Xx. personally appeared
before me this day and acknowledged that he (or she) is the _____________
Secretary of PHARMACEUTICAL PRODUCT DEVELOPMENT, INC., a corporation; that the
foregoing and annexed instrument was signed in the name of the corporation by
its Vice- President, attested by himself (or herself) as its _______________
Secretary, and its corporate seal thereunto affixed, all by authority of its
Board of Directors duly given.
Witness my hand and notarial seal, this the _14th_ day of April, 1999.
/s/ Xxxx X. Xxxxxxx
------------------------------
Notary Public
My commission expires: June 23, 0000
XXXXX XX XXXXX XXXXXXXX
XXXXXX XX XXX XXXXXXX
I, Xxxx X. Xxxxxxx, a Notary Public of New Hanover County, North
Carolina, do hereby certify that Xxxx X. Xxxxxxxxx, Xx. personally appeared
before me this day and acknowledged that he (or she) is the _____________
Secretary of PPD PHARMACO, INC., a corporation; that the foregoing and annexed
instrument was signed in the name of the corporation by its Vice- President,
attested by himself (or herself) as its _______________ Secretary, and its
corporate seal thereunto affixed, all by authority of its Board of Directors
duly given.
Witness my hand and notarial seal, this the _14th_ day of April, 1999.
/s/ Xxxx X. Xxxxxxx
--------------------------
Notary Public
My commission expires: June 23, 2003
