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EXHIBIT 10.1
AMENDMENT NO. 1
TO
LEASE
This Amendment No. 1 to Lease ("Amendment No. 1"), made as of July 31,
1998, between Universal Health Realty Income Trust, a Maryland real estate
investment trust ("Lessor"), having its principal office at 000 Xxxxx Xxxxx
Xxxx, Xxxx xx Xxxxxxx, Xxxxxxxxxxxx 00000, and Inland Valley Regional Medical
Center, Inc., a California corporation ("Lessee"), which is a subsidiary of
Universal Health Services, Inc., a Delaware corporation, amends the Lease, made
as of December 24, 1986, between Lessor and Lessee (the "Lease"). Capitalized
terms used herein which are not otherwise defined shall have the meanings
assigned to such terms in the Lease.
W I T N E S S E T H:
WHEREAS, the Lessor desires to make certain improvements to the Leased
Property, as described in Exhibit 1 attached hereto, which improvements
constitute a Capital Addition pursuant the Master Lease;
WHEREAS, the Lessor and the Lessee desire to amend the Lease as it relates
to the rights and obligations of the parties with respect to such Capital
Addition upon expiration or earlier termination of the Lease;
NOW, THEREFORE, the parties hereto agree as follows:
1. There shall be added to the Lease a new Paragraph 10, which shall read
as follows:
"10. Certain Capital Additions. Notwithstanding any provision
in the Master Lease or this Lease to the contrary, Lessor shall
not be obligated to compensate Lessee pursuant to Section 10.2(c)
of the Master Lease for any costs incurred by Lessee with respect
to the improvements described in Exhibit 1 attached hereto."
2. Except as expressly modified by this Amendment No. 1, all terms and
conditions of the Lease shall remain in full force and effect.
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IN WITNESS WHEREOF, the parties have executed this Lease by their duly
authorized partners, trustees or officers as of the date first above written.
LESSOR:
Universal Health Realty Income Trust,
a Maryland real estate investment trust
By: /s/ Xxxxxx X. Xxxxxxxx
LESSEE:
Inland Valley Regional
Medical Center, Inc.,
a California corporation
By: /s/ Xxxxx Filton