Exhibit 10.150
AMENDMENT NO. 2
to
Lease Agreement
RDB Company, as Landlord and GCI Communication
Corp., as successor-in-interest to General Communication, Inc.
(“Tenant”) entered into a Lease Agreement dated
effective as of September 30, 1991 (“Lease”), as
amended by the First Amendment between Janice I. Bowman, dba RDB
Company and GCI Communication Corp. (“Amendment #1”),
dated effective as of September 20, 2002.
Whereas, the Lore Road Premises and the Lease have
been assigned and transferred (the “Transfers”) from:
(a) RDB Company, an Alaska general partnership, to Janice I. Bowman
by that Warranty Deed dated December 1, 1992, recorded on December
4, 1992, in Book 2350 at Page 13, and (b) Janice I. Bowman to
Janice I. Bowman and Ronald A. Duncan, as tenants in common, under
that Assignment of Lease and Assumption dated as of April 8, 2008
(collectively, “Landlord”); and
Whereas, Landlord and Tenant desire to amend the
Lease as set forth below;
Now, therefore, for valuable consideration, the
sufficiency of which is hereby acknowledged, the parties agree as
follows:
I.
Term. Landlord and
Tenant hereby amend the Lease by deleting existing Section 2 in its
entirety and replacing it with the following:
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2.
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Term . The term of this
Lease shall commence on October 1, 1991, and shall expire on
September 30, 2026.
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II. Rent.
Landlord and Tenant hereby amend the Lease by
deleting existing Section 4 in its entirety and replacing it with
the following: