EXHIBIT 10.12
XXXXXXXX GROUP LLC
COMMERCIAL LEASE
Amendment 1
WHEREAS Xxxxxxxx Group LLC, a Massachusetts limited liability company
located at 000 Xxxxxxxx Xxxx Xx. Xxxxxxx XX., is LESSOR, and ACCESS Radiology
Corporation, a Delaware corporation located at 000 Xxxxx Xx. Xxxxxx XX 00000, is
LESSEE of certain Premises located at 00 Xxxxxxxx Xxx. Xxxxxxxxx XX under a
Commercial Lease dated September 26, 1997, and
WHEREAS the Lessor has provided, at this date, certain tenant improvements
in excess the improvements contemplated in the Commercial Lease, to a total of
$69,242.02, for which LESSEE is responsible, and
WHEREAS the parties have agreed that the aforesaid costs will be amortized
over the five year term of the Lease at 12% carrying cost;
NOW, THEREFORE the Parties agree to amend the Commercial Lease as follows:
Add to Clause 3 TERM the following third paragraph:
----
"The Commencement Date for the Lease is deemed 10 be December 1, 1997,
substantial completion of all Build Out having occurred."
Delete the words after the heading of Clause 4. RENT:
"The LESSEE shall pay to LESSOR rent at the rates per year, shown below,
which rent shall be payable in advance in the monthly installments shown
below on the first day of each month.
Years Annual Rent Mo. Rent $/SF Rate
--------------------------------------------------------------------
1-5 $549,234.00 $45,770.00 $21.62
--------------------------------------------------------------------
Insert the following words:
"The LESSEE shall pay to LESSOR rent at the rates per year. shown below, which
rent shall be payable in advance in tho monthly installments shown below on the
first day of each month.
Years Annual Rent Mo. Rent $/SF Rate
--------------------------------------------------------------------
1-5 $567,779.00 $47,315.00 $22.35
--------------------------------------------------------------------
All other terms and cond--itions of this Commercial Lease remain in effect.
AGREED this 28th day of November 1997.
Xxxxxxxx Group LLC ACCESS Radiology Corporation
LESSOR LESSEE