EXHIBIT 10.50
FIRST AMENDMENT TO AGREEMENT FOR THE PURCHASE
AND SALE OF PROPERTY FOR THE ASML BUILDING
FIRST AMENDMENT TO
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AGREEMENT FOR THE PURCHASE AND SALE OF PROPERTY
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THIS FIRST AMENDMENT TO AGREEMENT FOR THE PURCHASE AND SALE OF PROPERTY
(the "First Amendment"), is made and entered into as of the 21/st/ day of March,
2000 by and between Xxxx Companies US, Inc. ("Seller") and Xxxxx Capital, Inc.
("Purchaser").
W I T N E S S E T H:
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WHEREAS, Seller and Purchaser entered into that certain Agreement for the
Purchase and Sale of Property, dated February 23, 2000 (the "Purchase
Agreement"), relating to property located at 0000 Xxxxx xxxxx Xxxxxxx, Xxxxx,
Xxxxxxx; and
WHEREAS, Seller and Purchaser desire to amend the Purchase Agreement as
provided herein;
NOW, THEREFORE, for and in consideration of the premises, the mutual
agreements contained herein and for other good and valuable consideration, the
receipt, adequacy, and sufficiency of which are hereby expressly acknowledged by
the parties hereto, the parties hereto do hereby covenant and agree as follows:
1. Capitalized terms used herein shall have the meaning given to them in
the Purchase Agreement, except as otherwise provided in this First Amendment.
2. The Purchase Price, as defined in paragraph 3 of the Agreement, shall
be $17,355,000.00.
3. This First Amendment may be signed in counterparts, each of which
shall be deemed an original and which taken together shall constitute one
instrument.
4. All other terms and conditions of the Purchase Agreement not
inconsistent with this First Amendment shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to
be duly executed and their respective seals to be affixed hereunto as of the
day, month and year first above written.
"SELLER":
Xxxx Companies US, Inc.
By: /s/ Xxxxxx Xxxxxxx
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Name: Xxxxxx Xxxxxxx
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Title: Vice President
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"PURCHASER":
Xxxxx Capital, Inc.
By: /s/ Xxxxxxx X. Xxxxxxxx
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Name: Xxxxxxx X. Xxxxxxxx
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Title: Senior Vice President
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