EXHIBIT 10.15
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March 3, 1998
Ladies Professional Baseball
000 Xxxx Xxxxxxxx, Xxxxx 0000
Xxx Xxxxx, Xxxxxxxxxx 00000
Re: Amendment to Stadium Lease Agreement
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Gentlemen:
Reference is made to the Stadium Lease Agreement dated as of February 25, 1998
by and between Millennium Sports Management, Inc. and Ladies Professional
Baseball, f/k/a Ladies League Baseball (the "Lease"). All capitalized terms
used herein without definition have the respective meanings ascribed to them in
the Lease.
This will confirm our agreement to amend and modify the Lease as follows:
1. All references in the Lease to the Lessee shall mean and refer to
Ladies Professional Baseball, which has previously been known and operated as
Ladies League Baseball.
2. The first sentence of Section 14 of the Lease is hereby amended so as
to read in full as follows:
"Lessor and/or its concessionaire(s) shall be entitled to provide all
Concessions at the Stadium throughout the Term, and the receive and
retain any and all revenues therefrom, provided that Lessor shall,
within twenty-five (25) days after the close of each calendar month
during the Term, (a) provide a written report to Lessee of all Non-
Alcoholic Concession revenues during Team home games at the Stadium
during such calendar month, and (b) pay to Lessee an amount equal to
thirty (30%) percent of all Non-Alcoholic Concession receipts
collected during Team home games at the Stadium during such calendar
month."
3. The amendment pursuant to paragraph 2 above is being made pursuant to
the second sentence of Section 14 of the Lease, and accordingly, the amendment
pursuant to paragraph 2 above shall not be subject to further adjustment in
respect of the matters described in the second sentence of Section 14 of the
Lease.
4. Except as expressly provided herein, all of the terms and conditions
of the Lease remain unmodified and in full force and effect.
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Kindly confirm your agreement to the foregoing by countersigning and
returning a counterpart copy of this letter.
Very truly yours,
MILLENNIUM SPORTS MANAGEMENT, INC.
By: /s/ Xxxxx X. Xxxxxx
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Acknowledged, Confirmed and Agreed To:
LADIES PROFESSIONAL BASEBALL
By: /s/ Xxxxxxx X. Ribart
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