SECOND AMENDMENT TO AGREEMENT TO PROVIDE ADMINISTRATIVE SERVICES TO AN ADULT HOME THIS AGREEMENT is made and entered into as effective of the 1st day of January, 1997 (the "Effective Date") by and between Painted Post Partners, as successor in...Emeritus Corp\wa\ • August 14th, 1997 • Services-nursing & personal care facilities
the term (which shall include the initial term and any renewal terms which may be exercised thereunder) of that Lease Agreement dated as of September 1,1996 between Health Care Property Investors, Inc., as lessor, and Painted Post Partners, as successor in interest to P. Jules Patt and Pamela J. Patt, unless sooner terminated upon the occurrence of an Event of Default. 2. The first full paragraph of Article IX is hereby deleted in its entirety and the following inserted in lieu thereof: IX. Fee: Emeritus acknowledges and agrees that from the Commencement Date to the date of this Second Amendment to Agreement to Provide Administrative Services to Adult Homes, it has received a monthly fee equal to $ 15,000. Owner and Emeritus agree that from and after the Effective Date hereof, Emeritus shall receive a monthly fee equal to $20,000 for the period from January 1,1997 to December 31,1997 and thereafter the fee shall be reviewed annually and shall be such amount as may be agreed upon by Own
INDEMNITY AGREEMENT THIS INDEMNITY AGREEMENT (the "Agreement") is entered into as of November 3,1996, by and between EMERITUS CORPORATION, a Washington corporation ("EMERITUS") and PAINTED POST PARTNERS, a Washington general partnership (the...Indemnity Agreement • August 14th, 1997 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Washington
FIRST AMENDMENT TO AGREEMENT TO PROVIDE ADMINISTRATIVE SERVICES TO AN ADULT HOME THIS AGREEMENT is made and entered into effective as of the 1st day of January, 1997 (the "Effective Date") by and between Painted Post Partners (the "Partnership") and...Emeritus Corp\wa\ • August 14th, 1997 • Services-nursing & personal care facilities
terminate upon the expiration or sooner termination of the term (which shall include the initial term and any renewal terms which may be exercised thereunder) of each such Facility Lease, unless sooner terminated upon the occurrence of an Event of Default (the "Termination Date"). Operator and Emeritus acknowledge and agree that it is the intent of the parties that the Commencement Date shall be the same as to all of the Facilities other than Perinton Park Manor, which is under construction and the term of which Facility Lease may accordingly commence later than the term of the other Facilities Leases commences but that the Termination Date shall be the same as to all of the Facilities. 2. The first full paragraph of Article IX is hereby deleted in its entirety and the following inserted in lieu thereof: IX. Fee: Emeritus acknowledges and agrees that from the Commencement Date to the date of this First Amendment to Agreement to Provide Administrative Services to Adult Homes, it has rec
FIRST AMENDMENT TO INDEMNITY AGREEMENT THIS AGREEMENT is made and entered into effective as of the 1st day of January, 1997 (the "Effective Date") by and between Painted Post Partners (the "Partnership") and Emeritus Corporation (the "Emeritus")....Indemnity Agreement • August 14th, 1997 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
with HCPI's acquisition of title thereto. Patt has further agreed to assign the Facility Lease to Emeritus' affiliate, Painted Post Partners, a Washington general partnership ("Painted Post Partners") at such time as it becomes the licensed operator...Undertaking and Indemnity Agreement • August 14th, 1997 • Emeritus Corp\wa\ • Services-nursing & personal care facilities • Washington
FIRST AMENDMENT TO UNDERTAHING AND INDEMNITY AGREEMENT THIS AGREEMENT is made and entered into effective as of the 1st day of January, 1997 (the "Effective Date") by and between Painted Post Partners, as successor in interest to P. Jules Patt and...Undertahing and Indemnity Agreement • August 14th, 1997 • Emeritus Corp\wa\ • Services-nursing & personal care facilities
