EXHIBIT 10.3.2
AMENDMENT No. 1 OF LEASE
------------------------
This Amendment No. 1 of Lease (this "Amendment") dated as of June 12, 1997
between ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, not individually but as Trustee of the E.B. Realty
Trust under Declaration of Trust dated January 28, 1988 ("Landlord") and New
England Business Service, Inc. ("Tenant").
WHEREAS, Landlord and Tenant are parties to a certain Lease dated as of
March 31, 1997 for the land and the building located at ▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇,
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ (the "Lease").
WHEREAS, Landlord and Tenant desire to amend the Lease as hereinafter set
forth. Capitalized terms not defined herein shall have the same meanings
ascribed to them in the Lease.
NOW THEREFORE, for good and valuable consideration, Landlord and Tenant
hereby agree to amend the Lease as follows:
A. Effective as of March 31, 1997 the second sentence of (S)17.4 of the
Lease which stated that "[t]he parties acknowledge that Tenant has a right to
terminate this Lease in the event of a default by Landlord or ▇▇▇▇▇▇▇▇
▇▇▇▇▇▇▇▇▇▇▇ under the provisions of (S)2 of that certain Letter of Credit
Agreement of even date herewith between Landlord, Tenant, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇
and the Paris Trust Landlord" is hereby deleted and the following sentence
substituted therefore:
The parties acknowledge that certain of Landlord's
obligations under this Article XVII are secured by
a limited Guaranty of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ dated as
of March 31, 1997.
B. The terms and provisions of the Lease are hereby ratified and
confirmed.
C. This Amendment shall be binding upon the parties and upon their
successors and assigns.
IN WITNESS WHEREOF, this Amendment No. 1 of Lease has been executed by
Landlord and Tenant as a sealed instrument as of the date first written above.
LANDLORD:
By:__________________________________
▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, not indivdually
but as Trustee of E.B. Realty Trust
TENANT:
NEW ENGLAND BUSINESS SERVICE,
INC.
By:__________________________________
Name:________________________________
Title:_______________________________
