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Exhibit 10.19
[MENDIK 1740 CORP. LETTERHEAD]
As of December 18, 1996
The Mutual Life Insurance Company
of New York
0000 Xxxxxxxx
Xxx Xxxx, Xxx Xxxx 00000
0000 Xxxxxxxx
Xxx Xxxx, Xxx Xxxx
Gentlemen:
Reference is made to the letter agreement (the "Letter"), dated as
of April 26, 1996, between 0000 Xxxxxxxx Associates L.P. ("Landlord") and The
Mutual Life Insurance Company of New York ("Tenant"). Unless otherwise defined
herein, all capitalized terms used herein shall have the meanings ascribed to
such terms in the Letter.
Landlord and Tenant have entered into a Third Amendment of Lease
(the "Amendment"), dated as of the date hereof. In connection with the
Amendment, Landlord and Tenant have agreed to amend the Letter as follows:
1. All references to "December 31, 1996" contained in paragraphs A,
B and C of the Letter are hereby deleted and replaced with "April 30, 1997."
2. The last sentence of Paragraph 3 of Exhibit "B" attached to the
Letter shall be deleted in its entirety and the following shall be substituted
therefor:
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"Tenant agrees to pay the reasonable expenses incurred by Landlord
in connection with the transactions contemplated hereby (including
all costs of negotiating the Documentation, except as expressly
provided below, and all costs of removing the condominium regime
from the Building within six (6) months after the termination of the
Economic Incentive Package), other than (i) those expenses which
Landlord would have incurred without regard to the application
hereof, and (ii) legal fees and disbursements incurred by Landlord
in connection with the negotiation of the Documentation."
3. Except as expressly modified by this agreement, all covenants,
agreements, terms and conditions of the Letter shall remain in full force and
effect and are hereby in all respects ratified and confirmed.
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If the foregoing accurately reflects your understanding of our
agreement, please sign this letter where indicated below.
MENDIK 1740 CORP.
By: /s/ Xxxxx Xxxxxxxxx
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Name: Xxxxx Xxxxxxxxx
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Title:
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ACCEPTED & AGREED TO:
THE MUTUAL LIFE INSURANCE
COMPANY OF NEW YORK
By: /s/ Xxxx Xxxxx
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Name: Xxxx Xxxxx
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Title: Vice President, Corporate Services
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