CONFORMED COPY
Exhibit 10.15
FIRST AMENDMENT
TO
SUBLEASE TERMINATION AGREEMENT
------------------------------
HSBC Bank USA, National Association ("Landlord") and Marvel
Enterprises ("Tenant") are parties to a certain Sublease Termination Agreement
("Termination") dated as of December 20, 2004. Landlord and Tenant hereby amend
the Termination as follows:
1. The Lease Expiration Date as defined in the Termination is
hereby amended to be May 31, 2005. Provided that Tenant has timely complied with
all of its obligations under the Termination, including without limitation,
paragraph 3(e) thereof, Landlord will waive the payment of rent during May,
2005.
2. In all other respects the Termination is ratified and
reaffirmed, unaffected hereby.
Dated: February 24, 2005
HSBC Bank USA, National Association
By:/s/ Xxxxxxx X. Xxxxxxxx
-----------------------
Xxxxxxx X. Xxxxxxxx
First Vice President
Marvel Enterprises, Inc.
By:/s/ Xxxxxxx X. Xxxx
-------------------
Xxxxxxx X. Xxxx
Executive Vice President and
Chief Financial Officer
