SECOND AMENDMENT OF LEASE
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WHEREAS, on September 30, 1997, a Lease Agreement was entered into by and
between FRENCH'S MILL ASSOCIATES II, LLP, a Connecticut limited liability
partnership having a principal place of business at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇,
▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, as Landlord, and OPTICARE EYE HEALTH CENTERS, INC.,
having a principal place of business at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇▇▇▇▇, as Tenant, for premises located at ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇,
▇▇▇▇▇▇▇▇▇▇▇; and
WHEREAS, the parties amended said Lease Agreement by Amendment to Lease
dated as of June 1, 2000 (the Lease Agreement and all Amendments thereto
hereinafter collectively referred to as the "Lease"); and
WHEREAS, the parties wish to and do hereby further amend the Lease as
follows:
1. Section 1.4 of the Lease is hereby amended so that commencing October 1,
2002, and continuing through September 30, 2007, the fixed minimum annual rental
shall be One Hundred Twenty-One Thousand Three Hundred Twenty-Nine & 00/100ths
Dollars ($121,329.00), payable in equal monthly installments of Ten Thousand One
Hundred Ten & 75/100ths Dollars ($10,110.75) on the first day of each month, in
advance. Thereafter, the fixed minimum annual rental shall be adjusted every
five (5) years in accordance with Rider 1 attached to the Lease.
2. The typographical error contained in the first line of Section 1.5 of
the Lease is hereby corrected so that the "Tenant shall have the option to
extend this Lease for two (2) additional terms of ten (10) years each..."
3. The last sentence contained in the second full paragraph of Rider 1
attached to the Lease is hereby corrected to read as follows: "Said report shall
contain the fair market value rent for the demised premises, reduced to a square
footage rental which shall be multiplied by 6,222 square feet to arrive at the
adjusted annual rent."
4. All other terms and conditions of the Lease, which are not inconsistent
with the above, shall remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have hereunto set their hands and
seals as of the 1st day of October, 2002.
Signed, sealed and delivered
in the presence of: FRENCH'S MILL ASSOCIATES II, LLP
/s/ ▇▇▇▇▇ ▇▇▇▇▇ By /s/ W. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
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W. ▇▇▇▇▇ ▇▇▇▇▇▇▇▇
Managing Partner
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
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OPTICARE EYE HEALTH CENTERS, INC.
/s/ ▇▇▇▇▇ ▇▇▇▇▇
----------------------------- By /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇
/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Its Vice President
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