Attached files

file filename
10-Q - FORM 10-Q - AMERICAN SHARED HOSPITAL SERVICESv423254_10q.htm
EX-31.1 - EXHIBIT 31.1 - AMERICAN SHARED HOSPITAL SERVICESv423254_ex31-1.htm
EX-32.1 - EXHIBIT 32.1 - AMERICAN SHARED HOSPITAL SERVICESv423254_ex32-1.htm
EX-31.2 - EXHIBIT 31.2 - AMERICAN SHARED HOSPITAL SERVICESv423254_ex31-2.htm

 

Exhibit 10.1

 

ADDENDUM TWO

TO EQUIPMENT LEASE AGREEMENT

 

This ADDENDUM TWO TO EQUIPMENT LEASE AGREEMENT (this “Addendum”) is dated effective as of July 31, 2015, between Mercy Hospital Oklahoma City, Inc., an Oklahoma not for profit corporation, formerly known as Mercy Health Center, Inc. (“Hospital”), and GK Financing, LLC, a California limited liability company (“GKF”).

 

Recitals:

 

WHEREAS, GKF and Hospital are parties to a certain Equipment Lease Agreement dated May 28, 2004, as amended by certain Addendum One dated December 23, 2011 (as amended, the “Lease”), and desire to extend the term of the Lease as set forth herein.

 

NOW, THEREFORE, in consideration of the mutual covenants, conditions, and agreements set forth herein, and for the other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

Agreement:

 

1.            Defined Terms. Unless otherwise defined herein, the capitalized terms used herein shall have the same meanings set forth in the Lease.

 

2.            Extension of Term.

 

a.It is acknowledged that the First Procedure Date under the Lease was August 9, 2005, and with the inclusion of 24 days of down time due to the cobalt Reload, the Lease is currently set to expire on September 2, 2015.

 

b.The Term of the Agreement is hereby extended to September 2, 2016, and cannot be further extended without the written approval of both parties.

 

3.            Full Force and Effect. Except as amended by this Addendum, all of the terms and provisions of the Lease shall remain in full force and effect.

 

IN WITNESS WHEREOF, the parties have executed this Addendum effective as of the date first written above.

 

GKF:

 

Hospital:

         
GK Financing, LLC   Mercy Hospital Oklahoma City, Inc., an Oklahoma not for profit corporation (formerly known as Mercy Health Center, Inc.)
         
         
By: /s/ Ernest A. Bates, M.D.   By: /s/ Jim R. Gebhart
  Ernest A. Bates, M.D.   Name: Jim R. Gebhart
  Policy Committee Member   Title: President