First Amendment to Lease Agreement between IBM and FED Corporation (July 9, 1999)

Summary

This document is the first amendment to a lease agreement between International Business Machines Corporation (IBM) and FED Corporation for space at the Hudson Valley Research Park in Hopewell Junction, New York. The amendment updates and removes certain exhibits and references to specific buildings and spaces in the original lease. All other terms of the original lease remain unchanged. Both parties must sign the amendment for it to take effect.

EX-10.8 8 0008.txt LEASE DATED MAY 28, 1999 Exhibit 10.8 IBM - ------------------------------------------- International Business Machines Corporation 1580 Route 52 Hudson Valley Research Park Hopewell Junction, NY ###-###-#### Mr. Gary Jones President and Chief Executive Officer FED Corporation Hudson Valley Research Park 1580 Route 52 Hopewell Junction, NY ###-###-#### July 9, 1999 Subject: First Amendment to the Lease executed on May 28, 1999, between International Business Machines Corporation (IBM) and FED Corporation (FED) Dear Mr. Jones: This letter, upon your signed acceptance, amends the above referenced Lease between IBM and FED for space located at the Hudson Valley Research Park in Hopewell Junction, New York. The Lease shall be amended as follows: In "TABLE OF CONTENTS", page 2, delete line "Exhibit A4 -FED Occupied Space, Bldg. 320B First Floor" in its entirety. In PARAGRAPH 1, PREMISES: replace "...EXHIBITS A1 through A4..." with "...EXHIBITS A1 through A3..." and replace "...buildings numbered 310, 334, 330C and 32OB..." with "...buildings numbered 310, 334 and 330C..." In Paragraph 2, USE OF PREMISES, (a) Permitted Uses, replace "...Storage Space in EXHIBIT A1, EXHIBIT A3, and EXHIBIT A4..." with "...Storage Space in EXHIBIT A1, and EXHIBIT A3..." On Page 36, replace "Riders, A, B ,C, and D; EXHIBITS A1, A2, A3, A4, B, C, and D;..." with "Riders, A, B ,C, and D; EXHIBITS A1, A2, A3, B, C, and D;..." Replace "EXHIBIT A1", dated 01-15-99 in its entirety with "EXHIBIT A1" dated 07-02-99. On page 57, delete "EXHIBIT A4, FED Occupied Space Bldg. 320B First Floor" in its entirety and replace with "This page intentionally left Blank". Delete "EXHIBIT A4" dated 01-15-99 in its entirety. Except as amended herein, all the terms and conditions of the Lease shall remain in full force and be effective. Please indicate your acceptance by signing two (2) copies of this letter and returning them to IBM for counter signature. Thank you. Accepted and agreed to: INTERNATIONAL BUSINESS FED CORPORATION MACHINES CORPORATION - ------------------------------ ------------------------------- Raymond J. Wagner Gary W. Jones Senior Program Manager President and Chief Executive Officer North Region Real Estate Date: Date: -------------------------- --------------------------