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Exhibit Number 10.7
FIFTH AMENDMENT OF LEASE
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THIS AGREEMENT, made as of the 30th day of May, 2000 between 000 XXXX
XXXXXX XXXXX ASSOCIATES LLC, A New York Limited Liability Company having an
office at 00 Xxxx 00xx Xxxxxx, Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx ("Landlord") and
HEALTH MANAGEMENT SYSTEMS, INC., a New York Corporation having an office at 000
Xxxx Xxxxxx Xxxxx, Xxx Xxxx Xxx Xxxx ("Tenant").
W I T N E S S E T H :
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WHEREAS, Landlord and Tenant entered into an Agreement of Lease made as
of September 24, 1981 as amended by an Amendment of Lease dated October 9th,
1981, an Amendment of Lease dated September 24, 1982, a Second Amendment of
Lease dated January 6, 1986, a Third Amendment of Lease dated February 28, 1990,
and a Fourth Amendment of Lease dated March 15, 1996 covering certain premises
on the entire 4th floor and the Penthouse in the building known as 000 Xxxx
Xxxxxx Xxxxx in the City, County and State of New York (said Agreement of Lease,
being hereinafter called the "Lease"); and
WHEREAS, the parties hereto desire to amend the Lease in the respects
and upon the terms and conditions hereinafter set forth.
NOW THEREFORE, in consideration of the sum of One Dollar ($1.00) paid
by each of the Parties hereto to the other (the receipt and sufficiency of which
is hereby acknowledged) and of other good and valuable consideration, including
the covenants and understandings herein contained, it is hereby agreed as
follows:
1. Commencing January 1, 2001 the percentage 104.5% set forth in
Article 40. (h) of the Lease shall be changed to 103.5%.
2. All other terms and conditions of this Lease are hereby
confirmed and shall remain in full force and effect.
3. This Amendment of Lease shall not be binding upon Landlord
unless and until it has been duly executed by Landlord and
delivered by Landlord to Tenant.
IN WITNESS WHEREOF, the parties hereto have duly executed this
Agreement as of the day and year first above written.
000 XXXX XXXXXX XXXXX ASSOCIATES LLC
BY: /s/ Xxxx Xxxxxxx
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Xxxx Xxxxxxx
President
HEALTH MANAGEMENT SYSTEMS, INC.
BY: /s/ Xxxxxxx Xxxxxxx
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Vice President
Facilities Management
