Health Net 2009 Annual Report Download - page 311

Exhibit 10.91
THIRD AMENDMENT OF LEASE
This Third Amendment of Lease is made as of this 16th day of October, 2006, by and between Beard Sawmill, LLC (hereinafter
referred to as “Landlord”), and Health Net of the Northeast, Inc.
In consideration of the mutual benefits and obligations set forth herein, the parties hereby amend a certain lease between
Landlord and Physicians Health Services of Connecticut, Inc. dated August 18, 2000, previously amended by a First Amendment of
Lease dated December 23, 2002 and a Second Amendment of Lease dated June 14, 2004, all for the lease of space in Landlord’s
building at 100 Beard Sawmill Road, Shelton, Connecticut (the August 18, 2000 lease as amended, hereinafter referred to collectively
as the “Lease”), in the following manner:
A. Said First Amendment of Lease and Second Amendment of Lease are hereby canceled and restated, as amended by this Third
Amendment of Lease, such that as of the Third Amendment of Lease, the Lease shall be read and interpreted by reference to
only the August 18, 2000 lease and this Third Amendment of Lease.
B. As of the date of this Third Amendment of Lease, it is agreed by both parties hereto that Health Net of the Northeast, Inc.
(“HNNE”), successor in interest to Physicians Health Services of Connecticut, Inc. has assumed all rights and obligations as
tenant under the Lease pursuant to that certain Assignment and Assumption of Lease between Health Net of Connecticut, Inc.,
as Assignor, and HNNE, as Assignee, dated of substantially even date herewith. Hereinafter, HNNE shall be referred to as
“Tenant”.
C. Paragraph 1.1 (c) of the Lease is deleted and is replaced with the following:
“1.1 (c) The Tenant’s Leased Premises Square Footage fluctuates over the Initial Term of the Lease, and the following
square footages represent the Tenant’s Leased Premises Square Footage for the various periods during the Initial Term of the
Lease:
[i] 104,233 square feet, for the period from the Initial Commencement Date until February 28, 2003;
[ii] From and after March 1, 2003, Tenant’s Leased Premises Square Footage shall be increased by 5,727 square feet, and
the space designated as Space 2A on Exhibit A, Sheet 1 shall be added to Tenant’s Leased Premises Square Footage;
[iii] From and after June 28, 2004, Tenant’s Leased Premises Square Footage shall be increased by 5,288 square feet, and
the space designated as Space 2B on Exhibit A, Sheet 1 shall be added to Tenant’s Leased Premises Square Footage;
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