Amendment to Lease Agreement between Beasley Family Towers, Inc. and Beasley Reed Acquisition Partnership

Summary

This document is an amendment to a lease agreement between Beasley Family Towers, Inc. (the Lessor) and Beasley Reed Acquisition Partnership (the Lessee) regarding a communications tower used for radio broadcasting. The amendment deletes specific sentences from Sections 13.01, 14.01, and 14.03 of the original lease to clarify the Lessee's leasehold interest. All other terms of the lease remain unchanged. The amendment is governed by Florida law and is effective as of December 2000.

EX-10.33 19 0019.txt EXHIBIT 10.33 EXHIBIT F --------- AMENDMENT TO LEASE AGREEMENT ---------------------------- This Amendment (this "Amendment"), to that certain Lease Agreement, by and among the parties hereto, dated as of February __, 2000 (the "Lease"), is made as of this ___ day of December 2000, by and between Beasley Family Towers, Inc., a Delaware corporation (the "Lessor"), and Beasley Reed Acquisition Partnership, a Delaware general partnership (the "Lessee"). WITNESSETH: WHEREAS, Lessor and Lessee entered into the Lease whereby Lessee leased from Lessor a communications tower facility used in the operation of radio broadcast station WQAM-AM (the "Tower"), for the purpose of Lessee's radio broadcast transmission activities; WHEREAS, Lessor and Lessee desire to amend the Lease in certain respects to clarify the nature of the leasehold interest in the Tower obtained by Lessee pursuant to the Lease; NOW, THEREFORE, in consideration of the mutual premises contained herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Lessor and Lessee, intending to be legally bound hereby, agree as follows: 1. The second sentence of Section 13.01 of the Lease is hereby deleted. 2. The last sentence of Section 14.01 of the Lease is hereby deleted. 3. The penultimate sentence of Section 14.03 of the Lease is hereby deleted. 4. Except as expressly provided herein, the Lease shall continue to be, and shall remain, in full force and effect. Except as expressly provided herein, this Amendment shall not be deemed to be a waiver of, or consent to, or a modification or amendment of, any other term or condition of the Lease. 5. For the convenience of the parties, this Amendment may be executed in one or more counterparts, each of which shall be deemed an original for all purposes. 6. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS (AS OPPOSED TO CONFLICTS OF LAW PROVISIONS) OF THE STATE OF FLORIDA. [Signature page follows] IN WITNESS WHEREOF, the parties hereto, intending to be legally bound, have caused this Amendment to be duly executed on the day and year first written above. LESSOR: BEASLEY FAMILY TOWERS, INC. By: ___________________________ Name: B. Caroline Beasley Title: Secretary LESSEE: By: Beasley FM Acquisition Corp., a general partner By: _________________________ Name: George G. Beasley Title: Chief Executive Officer By: BRAP HOLDINGS, INC., a general partner By: ___________________________ Name: B. Caroline Beasley Title: Secretary 2