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EXHIBIT 10.7
FIRST AMENDMENT TO LEASE AGREEMENT
This First Amendment to the Lease Agreement (hereinafter the "First
Amendment") is made and entered into as of the 16 day of JAN, 1997, by and
between Via Xxxxxx Associates, a Florida general partnership, hereinafter
referred to as the "LANDLORD," and Ivy Management, Inc., a Massachusetts
corporation, hereinafter referred to as the "TENANT".
WITNESSETH:
WHEREAS, the LANDLORD and the TENANT entered into the Lease Agreement
as of the 31st day of January, 1992; and
WHEREAS, the LANDLORD and the TENANT desire to modify and amend the
Lease Agreement as set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants herein
contained and of good, lawful and valuable considerations moving to and received
by each of the parties to be bound hereby, the LANDLORD and the TENANT agree as
follows:
1. The above recitals are true and correct and are hereby incorporated
herein by reference.
2. Paragraph 6 of Exhibit Two to the Lease Agreement entitled "Tenant
Cancellation Provision and Penalty" is hereby deleted in its
entirety and said Paragraph 6 of Exhibit Two is null and void and of
no further force and effect whatsoever.
4. Except as specifically modified and amended herein, the LEASE
AGREEMENT remains in full force and effect and is hereby ratified
and confirmed by the LANDLORD and TENANT.
IN WITNESS WHEREOF, the parties have caused this First Amendment to
Lease Agreement to be duly executed as of the day and year set forth above.
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LANDLORD
VIA XXXXXX ASSOCIATES, a
Florida general partnership,
LANDLORD
Dated 1/16/97 By: SVMP, LTD., a Florida
------------------------- Limited partnership,
General Partner of Via
Xxxxxx Associates
Signed, sealed and delivered By: SVMP, INC., a Florida
in the presence of: corporation, General
Partner of SVMP, LTD.
/s/ XXXXXX X. XXXXXX By: /s/ XXXX XXXXXX
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Signature Xxxx Xxxxxx, President
/s/ XXXXXX X. XXXXXX
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Printed Name
/s/ (ILLEGIBLE)
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Signature
/s/ (ILLEGIBLE)
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Printed Name
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TENANT
Ivy Management, Inc.,
a Massachusetts corporation
Dated 1/9/97
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Signed, sealed, and delivered
in the presence of
/s/ (ILLEGIBLE) By: /s/ (ILLEGIBLE)
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Signature Its Vice President
/s/ XXXXXXXXXX LOOK
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Printed Name
/s/ XXXXXXXX XXXXXXXXXX
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Signature
XXXXXXXX XXXXXXXXXX
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Printed Name
