1
EXHIBIT 10.20
EDUCATION MANAGEMENT CORPORATION
XXXXXX X. XXXXXXX
President
November 21, 1984
Xxxxxxx & Associates
c/o Realty Growth Corporation
The Roosevelt Building
Sixth and Penn Avenues
Pittsburgh, PA 15222
Gentlemen:
Re: Xxxxxxx Building Lease Dated September 1, 1978
-- Exercise of Renewal Options
Education Management Corporation hereby exercises both renewal options
provided for it as Tenant under Paragraph 5 of the "AGREEMENT AND LEASE (Xxxxxxx
Building)" entered into by our Corporation with Xxxxxxx & Associates, a
Pennsylvania limited partnership as of September 1, 1978. The effects of these
actions are to extend the term of the lease for two additional periods of five
(5) years each, through August 31, 2000 A.D.
Please acknowledge the receipt of this notice in the space provided below
on the enclosed extra copy and return it to me by mail. Thank you for your
cooperation.
Sincerely,
EDUCATION MANAGEMENT CORPORATION
By
-----------------------------
Xxxxxx X. Xxxxxxx, President
Acknowledgement
Xxxxxxx & Associates, a Pennsylvania limited partnership, acknowledges the
receipt of this notice letter on December ___, 1984.
XXXXXXX & ASSOCIATES
By
-----------------------------
