Exhibit 10.21
AMENDMENT
To the Master Lease Agreement
between
the First Investment Voucher Fund
and
Pioneer Real Estate Advisors, Inc.
THIS AMENDMENT (this "Amendment") to the Master Lease Agreement dated 1 July
1996 ("Lease") between The First Investment Voucher Fund ("Fund") and Pioneer
Real Estate Advisors, Inc. ("PREA"), is executed on this 21 day of September,
1998.
RECITALS:
(A) PREA has requested and Fund has agreed to extend the Term of Lease up to 15
years;
(B) With this Amendment, the parties desire to amend the Lease to restate the
Term
NOW, THEREFORE, in consideration for the Building, Rents and mutual covenants
set forth in the Lease and this Amendment, the parties hereby amend the Lease as
follows:
AMENDED:
1 Term, Article 2 of this Lease is hereby amended and restated as follows:
Article 2 Term
PREA shall have and hold the Building for a total term commencing on the
Effective Date, and unless earlier terminated or extended according to the
terms of this Lease, expiring fifteen years thereafter ("Term").
2 Entire Agreement. This Agreement shall constitute an integral part of the
Lease
3 Lease Governs: This Amendment shall be governed by and interpreted
according to the provision of the Lease, which shall continue in full force
and effect as hereby amended.
IN WITNESS WHEREOF, the parties hereby execute this Amendment to the Lease
in six originals, three in Russian and three in English, in the case of
differences in interpretation between the English and the Russian text, the
English text shall control.
PIONEER REAL ESTATE ADVISORS INC. FIRST INVESTMENT VOUCHER FUND
s/s Xxxx Xxxx-Xxxxx s/s Xxxxxxx Xxxxx
--------------------------------- -----------------------------------
Xxxx Xxxx-Xxxxx Xxxxxxx Xxxxx
Managing Director Member of Board of Directors
(corporate seal) (corporate seal)
/s/ M. Chemodurov
-----------------------------------
(name) M. Chemodurov
Chief Accountant
