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SECOND
AMENDMENT TO THE MASTER LEASE
Wal-Mart
Stores East, LP, individually and only as to Stores (as
defined in the Master Lease Agreement) owned, leased, or
operated in AL, CT, DE, FL, GA, IN, KY, ME, MD, MA, MI, MS,
MO, NH, NJ, NM, NY, NC, OH, OK, PA, RI, SC, TN, VT, VA, WI,
WV; Wal-Mart Stores, Inc., individually and only as to Stores
owned or leased in AK, AR, AZ, CA, CO, HI, ID, IL, IA, KS, MN,
MT, NE, NV, ND, OR, SD, UT, WA, WY; Wal-Mart Louisiana, LLC,
individually and only as to Stores owned or leased in
Louisiana; and Wal-Mart Stores Texas, LLC, individually and
only as to Stores owned or leased in Texas and as
successor-in-interest to Wal-Mart Stores (each referred to as
“Landlord” for purposes of this Master Lease as it
applies to the Store) and CPI Corp. (“Tenant”), as
successor-in-interest to Portrait Corporation of America, Inc.
(“PCA”) enter into this Second Amendment to the
Master Lease (this “Second Amendment”) as of the
20 th day
of August 2007.
Whereas,
Landlord and PCA entered into the Master Lease Agreement
effective June 8, 2007 (together with the any appendices,
exhibits, attachments, and amendments, the “Master
Lease”); and
Whereas,
Landlord consented to the Transfer; and
Whereas,
Landlord and Tenant each desire to modif
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