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EXHIBIT 10.19
FIRST AMENDMENT TO LEASE AGREEMENT
This First Amendment to Lease Agreement (the "First Amendment") is
made
this 9th day of February 2004 by and
between BURTON HILLS IV PARTNERS, a
Tennessee general partnership (hereinafter
called "Landlord") and SYMBION, INC.,
a Delaware corporation, successor by merger
to Symbion Inc., a Tennessee
corporation (hereinafter called
"Tenant").
W I T N E S S E T H:
Whereas, the parties entered into that certain Lease Agreement
dated
June 20, 2001, as modified by that certain
Commencement Date Agreement dated
December 19, 2002 (collectively, the
"Original Lease"), whereby Landlord leased
to Tenant the space described therein
consisting of 39,852 rentable square feet
on the fourth and fifth floors (the
"Original Leased Premises") in Burton Hills
IV Office Building, 40 Burton Hills
Boulevard, Nashville, Tennessee (the
"Building");
Whereas, Tenant has given notice that it requires additional
space
within the Building and has proposed to
include within the Leased Premises the
balance of the vacant space on the 4th
floor of the Building (consisting of
3,920 rentable square feet) and has agreed
to commence payment of rent of such
additional space on April 1, 2004.
Whereas, Landlord has agreed to proceed to rent such additional
space
to Tenant subject to the terms and
conditions hereinafter set forth.
Whereas the
parties desire to enter into this First Amendment in order
to set forth the specific terms and
conditions by which the Original Lease shall
be amended in order to effectuate the
foregoing;
Now, therefore in consideration of the premises and mutual
covenants
herein contained and other good and
valuable consideration the receipt and
sufficiency of which are hereby
acknowledged, the parties do hereby agree to
amend the Original Lease as follows:
1.
Revision of Basic Lease Provisions. Effective April 1, 2004,
Section
1.02 of the Original Lease shall be deemed amended and restated
as
follows:
Section 1.02. Basic Lease Provisions.
A.
Building Name: Burton Hills IV
Address:
40 Burton Hills Boulevard
Nashville, TN 37215
B.
Rentable Area of Leased Premises: 43,772 square feet;
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C.
Building Expense Percentage: 32.57% (43,772/134,379);
D.
Minimum Annual Rent:
<TABLE>
<CAPTION>
Lease Year
Minimum Annual Rental
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---------------------
<S>
<C>
1 (Jan. 1 - Dec. 31, 2003)
$956,448.00
2 (Jan. 1 - Dec. 31, 2004)
$991,728.00
3 (Jan. 1 - Dec. 31, 2005)
$1,038,768.00
4 (Jan. 1 - Dec. 31, 2006)
$1,138,072.00
5 (Jan. 1 - Dec. 31, 2007)
$1,138,072.00
6 (Jan. 1 - Dec. 31, 2008)
$1,181,844.00
7 (Jan. 1 - Dec. 31, 2009)
$1,181,844.00
8 (Jan. 1 - Dec. 31, 2010)
$1,225,616.00
9 (Jan. 1 - Dec. 31, 2011)
$1,225,616.00
10 (Jan. 1 - Dec. 31, 2012)
$1,225,
