FOURTH AMENDMENT TO REAL ESTATE RETENTION AGREEMENT
THIS FOURTH AMENDMENT TO REAL ESTATE RETENTION AGREEMENT (this “Amendment”) is made as of the 22 day of December, 2014, by and among ALEXANDER’S INC., a Delaware corporation having an office at 210 Route 4 East, Paramus, New Jersey 07652, (“Owner”), and VORNADO REALTY, L.P., a Delaware limited partnership, having an office at 210 Route 4 East, Paramus, New Jersey 07652 (“Vornado”).
R E C I T A L S
WHEREAS, Vornado, Inc. and Keen Realty Consultants Inc. have heretofore entered into that certain Real Estate Retention Agreement, dated as of July 20, 1992, as extended by that certain Extension Agreement by and among Owner and Vornado Realty Trust dated February 6, 1995, and as amended by that certain Amendment to Real Estate Retention Agreement by and among Owner and Vornado, dated as of July 3, 2002, as further amended by that certain Second Amendment to Real Estate Retention Agreement by and among Owner and Vornado, dated as of January 1, 2007, as further amended by that certain Third Amendment to Real Estate Retention Agreement by and among Owner and Vornado, dated as of December 20, 2007 (collectively, the “Retention Agreement”).
WHEREAS, Owner and Vornado desire to further modify and amend the Retention Agreement as set forth below.
NOW THEREFORE, in consideration of One Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, Owner and Vornado hereby agree as follows:
NYDOCS01/1393567.3
[signature page follows]
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NYDOCS01/1393567.3
IN WITNESS WHEREOF, the parties have executed this Amendment as of the date first above written.
OWNER:
ALEXANDER’S, INC.
By: /s/ Joseph Macnow
Name: Joseph Macnow
Title: Chief Financial Officer
VORNADO:
VORNADO REALTY, L.P.
By: Vornado Realty Trust, as general partner
By: /s/ Stephen Theriot
Name: Stephen W. Theriot
Title: Chief Financial Officer