First Amendment to Office Lease Agreement between Old Gettysburg Associates and Select Medical Corporation

Contract Categories: Real Estate Lease Agreements
Summary

This amendment to the original office lease agreement is between Old Gettysburg Associates (landlord) and Select Medical Corporation (tenant). It adds approximately 3,865 square feet of additional office space (Suite 111) to the lease, with the tenant agreeing to take the space as-is. The lease term for the new space runs from June 1, 1999, to December 31, 1999, or until the tenant occupies another specified location, whichever is later. The monthly rent for the added space is $5,269.28. All other terms of the original lease remain unchanged.

EX-10.25 32 0032.txt FIRST ADDENDUM TO OFFICE LEASE AGREEMENT Exhibit 10.25 Old Gettysburg Associates 4718 Old Gettysburg Road Mechanicsburg, PA 17055 First Addendum to Lease Agreement --------------------------------- THIS FIRST AMENDMENT (this "First Amendment") is made as of the ___ day of June, 1999, by and between OLD GETTYSBURG ASSOCIATES, a Pennsylvania general partnership ("Landlord"), and SELECT MEDICAL CORPORATION, a Delaware corporation ("Tenant"). BACKGROUND: A. Landlord and Tenant are parties to that certain Office Lease Agreement dated June 15, 1999, (the "Lease"), pursuant to which Landlord leased to Tenant, and Tenant hired from Landlord, approximately 8,205 rentable square feet of space in the building located at 4718 Old Gettysburg, Road, Mechanicsburg, Pennsylvania. All capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Lease. B. Landlord desires to lease additional space in the Building to Tenant, and Tenant desires to hire additional space in the Building from Landlord. C. Landlord and Tenant now desire to amend the Lease as hereinafter set forth. NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, and intending to be legally bound hereby, Landlord and Tenant agree as follows: 1. Tenant hereby agrees to lease from Landlord, and Landlord hereby agrees to lease to Tenant, approximately 3865 rentable square feet of space on the first floor of the Building designated as Suite 111 and more particularly described on Exhibit A to this Amendment, attached hereto and made a part hereof. 2. Tenant shall take the space AS-IS. 3. The Lease Term shall be from June 1, 1999 through December 31, 1999 or date of Tenant's occupation of 4716 Old Gettysburg Road, if later. 4. Monthly Rent for the additional space shall be $5,269.28. 5. All other terms and conditions contained in the Lease and not amended hereby remain in full force and effect. IN WITNESS WHEREOF, Landlord and Tenant have caused this First Amendment to be duly executed as of the Lease Commencement date of June 1, 1999. Landlord: Old Gettysburg Associates a Pennsylvania general partnership Witness: Illegible By: /s/ Michael E. Salerno Date: 6/17/99 ---------------------- ------------------------- -------- Michael E. Salerno Agent for Owner Tenant: Select Medical Corporation a Delaware Corporation Attest: /s/ Michael E. Tarvin By: /s/ Scott A. Romberger Date: 6/1/99 ------------------------ ------------------------- -------- Michael Tarvin Scott A. Romberger Secretary Vice President