SECOND AMENDMENT TO
REAL ESTATE PURCHASE AND SALE AGREEMENT
THIS SECOND AMENDMENT TO REAL ESTATE PURCHASE AND SALE AGREEMENT (this
"Second Amendment") is made as of the 29th day of May, 1997, by and between
MAGELLAN HEALTH SERVICES, INC., a Delaware corporation ("Magellan" or the
"Seller"), and CRESCENT REAL ESTATE EQUITIES LIMITED PARTNERSHIP, a Delaware
limited partnership (the "Purchaser").
R E C I T A L S
A. The parties entered into that certain Real Estate Purchase and Sale
Agreement dated as of January 29, 1997 (the "Agreement") and amended as of
February 28, 1997 (the "First Amendment"). Capitalized terms used but not
defined herein have the meanings ascribed to them in the Agreement and First
Amendment.
B. The parties desire to enter into this Second Amendment to evidence
their agreement to certain changes to the Agreement, as hereinafter set forth.
NOW THEREFORE, in consideration of the mutual covenants set forth
herein, the parties hereby agree as follows:
Exhibit B, as attached to the Agreement, is hereby
amended to delete from entry number five hundred and
fifty-eight (558) the Xxxxxx Xxxxx/Charter Laurel
Heights Behavioral Health Systems, Inc. Facility
located at 0000 Xxxxx Xxxxxxxxx Xxxx, Xxxxxxx,
Xxxxxxx, 00000. Pursuant to this Second Amendment,
such Facility shall no longer be a part of Exhibit B
or entry number 558 contained therein.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed and delivered this 29th day of May, 1997.
MAGELLAN HEALTH SERVICES, INC.,
a Deleware Corporation
By:\s\ Xxxxxx X. Xxxxxx
--------------------------------
Title: Vice President and Secretary
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CRESCENT REAL ESTATE EQUITIES
LIMITED PARTNERSHIP, a Delaware
limited partnership
By: Crescent Real Estate
Equities, Ltd., A Delaware
corporation, its sole general
partner
By: \s\ Xxxxx X. Xxxx
------------------------------
Title: Senior Vice President, Law
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