Exhibit 10.90
March 10, 2003
Xx. Xxxxx X. Xxxx
President
NMHC Systems, Inc.
00 Xxxxxx Xxxx Xxxxx
Xxxx Xxxxxxxxxx, XX 00000
Re: In the Matter of the First Addendum to the Lease of Premises
between B/A Airport Park Solutions, LLC and National Medical
Health Card Systems, Inc. located at 00 Xxxxxxx Xxxxxxxx Xxxxxxxxx,
Xxxxxxx Xxxx, Xxxxxx, XX 00000
Dear Xx. Xxxx:
The Lease to Premises between B/A Airport Park Solutions, LLC and National
Medical Health Card Systems, Inc. dated the First day of November 2002, is
hereby amended, supplemented and modified as follows, to wit:
1. The square footage of the Premises will be increased by 2,618 rsf
("Additional Space"). Therefore, the total square footage occupied by
Xxxxxx on the second and first floor of the building will be 22,018 rsf as
shown on Exhibit "A".
2. The term of the Lease for the "Additional Space" will commence
February 1, 2003 and will be coterminous with the existing Lease.
3. Commencing on February 1, 2003, the Tenant's monthly rent will be
adjusted to $31,944. Tenant will be responsible for payment of its
utilities (electricity and gas).
4. The pro-rata share as stated in Paragraph 2 "Base Year" will be
increased to 59.5%.
5. The Landlord, at the Tenants direction, will expend $8.00 for the
purposes of building out and improving the space.
6. Except as set forth herein, all other terms and provisions of the
Lease remain unchanged and are hereby affirmed.
Kindly execute the extra copies of this letter thereby indicating your
agreement thereto.
B/A Airport Park Solutions, LLC.
By:________________________________
British American Development Corp.
Its Managing Member
Xxxxxxx X. Xxx, Xx.
Executive Vice President
Accepted and agreed to:
NATIONAL MEDICAL HEALTH CARD SYSTEMS, INC.
Xx. Xxxxx Xxxx
President
