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Exhibit 10.8
FIRST AMENDMENT TO LEASE
This First Amendment to Lease is executed this 3rd day of November
1995, by PGA PROFESSIONAL CENTER, LTD. ("Landlord") and THE WACKENHUT
CORPORATION ("Tenant").
BACKGROUND:
A. Xxxxxx X. Xxxxxxxxx, as Trustee under F.S. 689.071 and The Wackenhut
Corporation entered into that certain Lease dated April 18, 1995, for the lease
of certain space in the building to be known as The Wackenhut Center in Palm
Beach Gardens, Florida.
B. Xxxxxx X. Xxxxxxxxx, as Trustee under F.S. 689.071 assigned his
interest as Landlord to PGA Professional Center, Ltd. pursuant to Assignment of
Lease dated June 8, 1995.
C. Landlord and Tenant desire to modify the Lease as set forth below.
NOW THEREFORE, in consideration of the sum of Ten and 00/100 ($10.00)
Dollars and other good and valuable consideration, the receipt and sufficiency
of which is acknowledged, the parties agree as follows:
1. Recitals. The foregoing recitals are true and correct and
incorporated herein by reference.
2. Landlord and Tenant hereby amend the Lease to delete in its entirety
Paragraph 44 titled Option To Purchase.
3. Except as modified herein, the Lease remains in full force and
effect and unmodified.
IN WITNESS WHEREOF, the parties have executed this First Amendment as
of the date set forth above.
WITNESSES:
PGA PROFESSIONAL CENTER, LTD.
BY: PGA PROFESSIONAL CENTER, INC.
General Partner
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By: /s/ Xxxxxx X. Xxxxxxxxx
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Xxxxxx X. Xxxxxxxxx, President
TENANT:
THE WACKENHUT CORPORATION
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By: /s/ Xxxxxx X. Xxxxx
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Xxxxxx X. Xxxxx,
Senior Vice-President
