Document:

Exhibit
10.7

 

FIRST AMENDMENT TO CREDIT
AGREEMENT

 

This
First Amendment to Credit Agreement (the “First Amendment”) is made as of this
22nd day of July, 2004 by and among

 

DUANE READE, a
New York general partnership, having its principal place of business at 440
Ninth Avenue, New York, New York 10001; and

 

DUANE READE
INC. a Delaware corporation, having its principal place of business at 440
Ninth Avenue, New York, New York 10001; and

 

DRI I INC., a
Delaware corporation, having its principal place of business at 440 Ninth
Avenue, New York, New York 10001; and

 

DUANE READE
INTERNATIONAL, INC., a Delaware corporation, having a mailing address at P.O.
Box 32216, Newark, New Jersey 07102; and

 

DUANE READE
REALTY, INC., a Delaware corporation, having its principal place of business at
440 Ninth Avenue, New York, New York 10001; and

 

the LENDERS
party hereto; and

 

FLEET NATIONAL
BANK, as Issuing Bank, a national banking association having a place of
business at 100 Federal Street, Boston, Massachusetts 02110; and

 

FLEET NATIONAL
BANK, as Administrative Agent for the Lenders, a national banking association
having a place of business at 100 Federal Street, Boston, Massachusetts 02110;
and

 

FLEET RETAIL
GROUP, INC. (f/k/a Fleet Retail Finance Inc.), as Collateral Agent for the
Lenders, a Delaware corporation, having its principal place of business at 40
Broad Street, Boston, Massachusetts 02109; and

 

CONGRESS
FINANCIAL CORPORATION, as Documentation Agent; and

 

GENERAL
ELECTRIC CAPITAL CORPORATION as Syndication Agent; and

 

WELLS FARGO
RETAIL FINANCE, LLC, as Syndication Agent and Co-Lead Arranger

 

in consideration of the mutual covenants herein contained and benefits
to be derived herefrom.

 

W I T N E S S E T H:

 

WHEREAS,
on July 21, 2003, the parties hereto entered into that certain Credit Agreement
(as amended and in effect, the “Credit Agreement”); and

 

WHEREAS,
Duane Reade Inc. has advised the Agents and the Lenders that it intends to
enter into a transaction with Duane Reade Holdings, Inc. and its subsidiaries
pursuant to which Duane Reade Holdings, Inc. will become the sole shareholder
of Duane Reade Inc.; and

 

WHEREAS,
in connection with the transaction with Duane Reade Holdings, Inc., Duane Reade
Inc. and/or its Subsidiaries intend to incur additional Indebtedness in the
aggregate 

 

 

amount
of $350,000,000.  A portion of the
proceeds of such Indebtedness is intended to be utilized to repay the
obligations under the Convertible Indenture and/or the Credit Agreement; and

 

WHEREAS,
the consummation of the above referenced transactions would be in violation of
the Credit Agreement and the Loan Parties have therefore requested that the
Lenders amend certain provisions of the Credit Agreement in connection with the
foregoing transactions and otherwise modify certain of the provisions of the
Credit Agreement as set forth herein.

 

NOW, THEREFORE, it is hereby agreed as follows:

 

1.                                       Capitalized
Terms.  All capitalized terms used
herein and not otherwise defined shall have the same meaning herein as in the
Credit Agreement.

 

2.                                       Amendments
to Article I.  The provisions of
Article I of the Credit Agreement are hereby amended as follows:

 

(a)                                  By
deleting the last paragraph of the definition of “Applicable Margin” in its
entirety and substituting the following in its stead:

 

Except as provided in the following sentence, the Applicable Margin
shall be adjusted quarterly as of the first day of each Fiscal Quarter, based
upon the average Excess Availability for the immediately preceding Fiscal
Quarter. Notwithstanding the foregoing, the Applicable Margin will be set at
Level 2 on the Closing Date and will remain at Level 2 until (but not
including) July 21, 2004. In no event shall the Applicable Margin be set at
Level 1 prior to July 21, 2004 (even if the Excess Availability requirements
for Level 1 have been met).

 

From and after July 21, 2004, the Applicable Margin shall be adjusted
quarterly as of the first day of each Fiscal Quarter, based upon the average
Excess Availability for the immediately preceding Fiscal Quarter as follows:

 

	
  Level

  	
   

  	
  Performance Criteria

  	
   

  	
  Prime Rate Loans

  	
   

  	
  LIBO Loans

  	
   

  
	
  1

  	
   

  	
  Average Excess Availability greater than $35,000,000

  	
   

  	
  0

  	
  %

  	
  1.50

  	
  %

  
	
  2

  	
   

  	
  Average Excess Availability greater than $25,000,000 but less than or
  equal to $35,000,000

  	
   

  	
  0.25

  	
  %

  	
  1.75

  	
  %

  
	
  3

  	
   

  	
  Average Excess Availability less than or equal to $25,000,000

  	
   

  	
  0.50

  	
  %

  	
  2.00

  	
  %

  

 

Upon the occurrence of an Event of Default, at the option of the
Administrative Agent or at the direction of the Required Lenders, interest
shall be determined in the manner set forth in Section 2.11.

 

 

(b)                                 By
deleting the definition of “Appraisal Percentage” in its entirety and
substituting the following in its stead:

 

 “Appraisal Percentage”
shall mean 90%.

 

(c)                                  By
deleting the definition of “Borrowing Base” in its entirety and substituting
the following in its stead:

 

 “Borrowing Base” means,
at any time of calculation, an amount equal to:

 

(i)                                     the
Credit Card Advance Rate multiplied by the
face amount of Eligible Credit Card Receivables, plus

 

(ii)                                  the
lesser of (i) the Appraisal Percentage of the Appraised Value of Eligible
Inventory, net of Inventory Reserves, or (ii) the Inventory Advance Rate multiplied by the Cost of Eligible
Inventory net of Inventory Reserves; plus

 

(iii)                               the
Prescription List Advance; plus

 

(iv)                              the
Receivables Advance Rate multiplied by the face amount of Eligible Third-Party
Receivables; minus

 

(v)                                 the
then amount of all Availability Reserves.

 

(d)                                 By
deleting the definition of “Change in Control” in its entirety and substituting
the following in its stead:

 

 “Change in Control”
means, at any time, (a) during any period of twelve months after the Effective
Date, individuals who at the beginning of such period constituted the board of
directors of the Parent (together with any new directors whose election or appointment
by such board of directors, or whose nomination for election by shareholders of
the Parent, as the case may be, was approved by either (i) a vote of a majority
of the directors still in office who were either directors at the beginning of
such period or whose election or nomination for election was previously so
approved, or (ii) the Purchasers) cease for any reason (other than as a result
of a requirement of law) to constitute a majority of the board of directors
then in office; or (b) following the consummation of the Rex Transaction but
prior to the consummation of an initial public offering of the common stock of
the Parent or DR Corp. (an “IPO”), the Purchasers cease to own, or to have the
power to vote or direct the voting of, a majority of the then outstanding
Voting Stock of the Parent, or (c) prior to the consummation of the Rex
Transaction or after the consummation of an IPO, any person or group (within
the meaning of the Securities and Exchange Act of 1934, as 

 

3

 

amended), other than the Purchasers, is or becomes the beneficial owner
(within the meaning of Rule 13d-3 and 13d-5 of the Securities and Exchange Act
of 1934, as amended, except that such person shall be deemed to have “beneficial
ownership” of all shares that such person has the right to acquire, whether
such right is exercisable immediately or only after the passage of time)
directly or indirectly of thirty-five percent (35%) or more of the total then
outstanding voting power of the Voting Stock of the Parent or DR Corp. on a
fully diluted basis, whether as a result of the issuance of securities of the
Parent or DR Corp., as applicable, any merger, consolidation, liquidation or
dissolution of the Parent or DR Corp., as applicable, any direct or indirect
transfers of securities or otherwise; or (d) (i) except as provided in Section
6.03(a)(vi), the failure of DR Corp. or DRI I to be a general partner of the
Borrower, or (ii) except as provided in Section 6.03(a)(vi), the failure of the
DR Corp. or DRI I at any time to own, directly or indirectly, 100% of the
capital stock or other equity interests of the Borrower free and clear of all
Liens (other than the Liens permitted pursuant to Section 6.02(f) and Liens in
favor of the Collateral Agent for the benefit of the Secured Parties under the
Loan Documents, if any, and restrictions on transfer of ownership set forth in
the Partnership Agreement); or (e) except as provided in Section 6.03(a)(vi),
the failure of DR Corp. at any time to own, directly or indirectly, 100% of the
capital stock or other equity interests of DRI I free and clear of all Liens
(other than the Liens permitted pursuant to Section 6.02(f) and Liens in favor
of the Collateral Agent for the benefit of the Secured Parties under the Loan
Documents, if any).

 

(e)                                  By
deleting the definition of “Consolidated EBITDA” in its entirety and
substituting the following in its stead:

 

“Consolidated EBITDA” means for any period, the
result for such period of (i) Consolidated Net Income, plus (ii)
depreciation, amortization, and all other non-cash charges that were deducted
in arriving at Consolidated Net Income for such period plus (iii)
provisions for Taxes based on income that were deducted in arriving at
Consolidated Net Income for such period, plus (iv) Consolidated Interest
Expense, plus (v) non-recurring charges for the retirement of SERP
obligations, change in control payments, settlement payments, and transfers of
corporate life insurance policies, in each case to or for the benefit of
Anthony Cuti, in connection with the Rex Transaction that were deducted in
arriving at Consolidated Net Income for such period, all as determined on a
Consolidated basis in accordance with GAAP.

 

4

 

(f)                                    By
amending the definition of “Consolidated Net Income” by adding the words
“(which is not a Loan Party)” after the words “Subsidiary of the Parent” in
clause (iii) of the proviso thereto.

 

(g)                                 By
amending clause (b) of the definition of “Eligible Credit Card Receivables” by
adding the words “or second priority Liens permitted pursuant to Section
6.02(f)” after the words “Security Documents” at the end thereof.

 

(h)                                 By
relettering the last four clauses of the definition of “Eligible Third Party
Receivables” as (c), (d), (e), and (f), respectively and by adding the words
“or second priority Liens permitted pursuant to Section 6.02(f)” after the
words “clause (a) of such definition” at the end of the relettered clause (c).

 

(i)                                     By
deleting the definition of “FRF” in its entirety and substituting the following
in its stead:

 

 “FRF” means Fleet Retail
Group, Inc. f/k/a Fleet Retail Finance Inc., a Delaware corporation.

 

(j)                                     By
adding the following at the end of the definition of “Fixed Charge Coverage Ratio”:

 

Notwithstanding the foregoing, for any period in which the calculation
of the Fixed Charge Coverage Ratio includes any fiscal month through the fiscal
month ending immediately prior to the consummation of the Rex Transaction, the
calculation of the Fixed Charge Coverage Ratio for those fiscal months prior to
and including such month shall include the financial results for DR Corp. and
its Subsidiaries only (as if they were the “Parent and its Subsidiaries” for
those months).

 

(k)                                  By
deleting the definition of “Inventory Advance Rate” in its entirety and
substituting the following in its stead:

 

 “Inventory Advance Rate” means
the following percentages for the following types of Inventory:

 

	
  Type of Inventory

  	
   

  	
  Inventory Advance Rate

  	
   

  
	
  Pharmaceutical Inventory

  	
   

  	
  84.2

  	
  %

  
	
  Inventory other than Pharmaceutical
  Inventory

  	
   

  	
  62.55

  	
  %

  

 

5

 

(l)                                     By
deleting the number “0.375%” in the definition of “Line Fee” and substituting
the number “0.30%” in its stead.

 

(m)                               By
deleting the last sentence of the definition of “Material Indebtedness” in its
entirety and substituting the following in its stead:

 

In all events, “Material Indebtedness” shall include Indebtedness under
the Convertible Indenture, the Rex Transaction Financing and the Permanent
Securities irrespective of the amounts due thereunder.

 

(n)                                 By
amending the definition of “Obligations” as follows:

 

(i)                                     By
deleting the words “the Credit Agreement” in clauses (a)(ii) and (a) (iii) of
such definition and substituting the words “this Agreement” in their stead.

 

(ii)                                  By
adding the following at the end of such definition immediately before the
period:

 

(but excluding any obligations owing to FRF, Fleet, or
any of their respective Affiliates in connection with the Rex Transaction
Financing or the Permanent Securities).

 

(o)                                 By
deleting the definition of “Parent” in its entirety and substituting the
following in its stead:

 

 “Parent” means Duane
Reade Holdings, Inc., a Delaware corporation.

 

(p)                                 By
deleting the words “all of the assets (including capital stock) acquired in
connection with such acquisition” at the end of clause (v) of the definition of
“Permitted Acquisition” and substituting the words “all assets of the same type
and nature as constitute Collateral under the Security Documents” in its stead:

 

(q)                                 By
adding the words “with respect to any Investment that constitutes Revolving
Lender Priority Collateral (as defined in the Intercreditor Agreement),”
immediately after “(ii)” in the proviso to the definition of “Permitted
Investments.”

 

(r)                                    By
deleting the last sentence of the definition of “Total Commitments” in its
entirety and substituting the following in its stead:

 

As of the Effective Date, the Total Commitments aggregate $250,000,000.

 

(s)                                  By
adding the following new definitions in appropriate alphabetical order:

 

6

 

“Bridge Loan” means Indebtedness incurred by
the Parent or any of its Subsidiaries as part of the Rex Transaction Financing
in contemplation of the issuance of Permanent Securities.

 

 “DR Corp” means Duane
Reade Inc., a Delaware corporation.

 

“DRS” means Duane Reade Shareholders, LLC, a Delaware limited
liability company.

 

 “Effective Date” means,
(i) other than with respect to the Rex Related Amendments, the date of the
satisfaction of the conditions precedent set forth in Paragraph 11(a) of the
First Amendment, and (ii) with respect to the Rex Related Amendments, the date
of the satisfaction of the conditions precedent set forth in Paragraphs 11(a) and
11(b) of the First Amendment.

 

 “First Amendment” means
the First Amendment to Credit Agreement dated July 22, 2004.

 

“Intercreditor Agreement” means the Intercreditor Agreement in
the form of Exhibit “F” hereto to be entered into by the Collateral Agent and
Bank of America, N.A., as term loan agent for certain lenders from time to time
party to the Rex Transaction Financing, as amended and in effect.

 

 “Permanent Securities”
means the issuance by the Parent, or any of its Subsidiaries, in one or more
tranches, of debt, or equity or convertible securities of the Borrower, the
Parent or DR Corp., for the purpose of refinancing all or a portion of the
outstanding amounts under the Rex Transaction Financing, in any case in an
aggregate amount of not more than an amount necessary to effect such
refinancings (including to refinance accrued interest and fees, expenses,
original issue discount and other transaction costs in connection with any such
refinancing), provided that (i) (A) except as provided in clause (i)(B)
below, the principal amount of such securities shall not exceed 110% of the
principal amount of Rex Transaction Financing being so refinanced (plus accrued
and unpaid interest thereon), or (B) with respect to any refinancing of the
Bridge Loan, the principal amount of such securities shall not exceed 100% of
the principal amount of Bridge Loan being so refinanced (plus accrued and
unpaid interest thereon (including interest paid in kind), fees, original issue
discount, transaction expenses and other amounts necessary to be paid to retire
the Bridge Loan in full) (ii) such securities shall not have a final maturity
date earlier than that contained in the documents evidencing the Rex
Transaction Financing being so refinanced as of the Effective Date, (iii) if
such securities are secured by assets of any Loan Party, the holder of such
securities (or its representative) shall become a party to the 

 

7

 

Intercreditor Agreement; (iv) the pricing, covenants, defaults, rights
and remedies and other terms of such securities shall be reasonably comparable
to those terms then required or imposed by other lenders for similar securities
issued by similarly situated issuers (as determined by the Borrower); and (v)
if such securities refinance Subordinated Indebtedness of any Loan Party, such
refinancing shall also be a Permitted Refinancing.

 

“Permitted
Refinancing” means, with respect to any Person, any modification,
refinancing, refunding, renewal or extension of any Indebtedness of such
Person; provided that if the Indebtedness being modified, refinanced,
refunded, renewed or extended is Subordinated Indebtedness of any Loan Party,
(i) such modification, refinancing, refunding, renewal or extension is
subordinated in right of payment to the Obligations on terms at least as
favorable to the Lenders as those contained in the documentation governing the
Indebtedness being modified, refinanced, refunded, renewed or extended (any
confirmation by the Agent that such terms are at least as favorable shall be
binding on the parties hereto), (ii) the terms and conditions (including, if
applicable, as to collateral, if any) of any such modified, refinanced,
refunded, renewed or extended Indebtedness, taken as a whole, are not materially
less favorable to the Loan Parties or the Lenders than the terms and conditions
of the Indebtedness being modified, refinanced, refunded, renewed or extended
(any confirmation by the Agent that such terms are at least as favorable shall
be binding on the parties hereto), (iii) such modification, refinancing,
refunding, renewal or extension is incurred by the Person who is the obligor on
the Indebtedness being modified, refinanced, refunded, renewed or extended, and
(iv) at the time thereof, no Default or Event of Default shall have occurred
and be continuing.

 

 “Pharmaceutical Inventory”
means Inventory consisting of prescription medicines or products.

 

 “Prescription List Advance”
means an amount equal to 90% of the Appraised Value of the Borrower’s prescription
lists (but in no event shall the Prescription List Advance exceed 30% of the
aggregate Borrowing Base).

 

 “Proxy Statement” means
the Proxy Statement in respect of the Rex Transaction filed by DR Corp. with
the Securities and Exchange Commission on June 30, 2004.

 

 “Purchasers” means (i)
Oak Hill Capital Management, Inc., Oak Hill Capital Partners, L.P. (“OHCP”),
any member of Duane Reade Shareholders LLC (“DRS”) that has agreed to give OHCP
or its Affiliate a 

 

8

 

proxy or to enter into a voting agreement pursuant to which OHCP or its
Affiliate may vote the Voting Stock of DRS owned by such member, and each of
their respective Affiliates and (ii) certain members of management of the
Borrower and their respective Related Purchaser Parties.

 

“Related Purchaser Parties” means (1) any estate of any member
of management referred to in clause (ii) of the definition of “Purchasers”, (2)
any executor, personal administrator or trustee who holds a beneficial interest
in DR Corp. or the Parent for the benefit of, or as fiduciary for, any spouse,
child, stepchild sibling, or descendant of such member of management, to the
extent of such interest, or (3) any trust or similar entity controlled by such
member of management.

 

 “Rex Related Amendments”
means (i) the provisions of the following Paragraphs of the First Amendment:
(A) 2(e) (B) 2(g), (C) 2(j), (D) 2(m), (E) 2(o), (F) 2(q), (G) 3(i), and (H) 6
(in its entirety, other than 6(o)), and (ii) any release or subordination of
any Collateral.

 

 “Rex Transaction” means
the acquisition by the Parent of 100% of the capital stock of DR Corp. from the
existing shareholders of DR Corp., which acquisition will be effected through
the merger of a newly formed direct or indirect wholly owned subsidiary of the
Parent with and into DR Corp., with DR Corp. as the surviving entity of such
merger, consistent with the terms, in all material respects, as described in
the Proxy Statement.

 

 “Rex Transaction Financing”
means the Indebtedness incurred by the Parent and/or any of its Subsidiaries,
in one or more tranches, resulting in net proceeds on the Effective Date of no
more than $350,000,000 (excluding Indebtedness incurred under this Agreement)
in connection with the consummation of the Rex Transaction, including, without
limitation, (i) the Bridge Loan, (ii) any rollover loans or the exchange notes
in exchange for the Bridge Loan and (iii) any Permanent Securities or Permitted
Refinancing issued in lieu thereof, in exchange therefor or as a refinancing
thereof, provided that (i) rollover loans or exchange notes issued in
exchange for all or any portion of the Bridge Loan shall be no less favorable
to the issuer thereof than the Bridge Loan or rollover loans which are being
exchanged, and (ii) if such rollover loans or exchange notes are secured by
assets of any Loan Party, the holder of such securities (or representatives of
such holders) shall, if not already a party, become a party to the
Intercreditor Agreement.

 

9

 

“Senior Subordinated Notes” means the Senior Subordinated Notes
due no earlier than 2011 of DR Corp. and the Borrower to be issued in
connection with the Rex Transaction.

 

“Tax Sharing Agreement” means the Tax Sharing Agreement to be
delivered on or about the date of the closing of the Rex Transaction among the
Parent, DR Corp., the Borrower and certain other subsidiaries of the Parent, as
amended, modified or supplemented from time to time.

 

3.                                       Amendments
to Article II.  The provisions of
Article II of the Credit Agreement are hereby amended as follows:

 

(a)                                  The
provisions of Section 2.01(a)(i) are amended by deleting the number
“$200,000,000” and substituting the number “$250,000,000” in its stead.

 

(b)                                 The
provisions of Section 2.01(a)(ii) are amended by deleting the number
“$15,000,000” and substituting the number “$50,000,000” in its stead.

 

(c)                                  The
provisions of Section 2.02(a) are amended by deleting the number “$225,000,000”
and substituting the number “$275,000,000” in its stead.

 

(d)                                 The
provisions of Section 2.03(a) are hereby amended by adding the following new
clause (ii) thereto as follows:

 

                (ii)  Indebtedness Reserve (an Availability
Reserve):  Until all of the obligations
under the Convertible Indenture have been repaid in full and retired, at any
time of calculation, an amount equal to the difference between (i) the then
outstanding principal balance of Indebtedness under the Rex Transaction
Financing, the Permanent Securities and the Convertible Indenture (other than
any amounts under the Convertible Indenture which are repaid or reduced on such
date) and (ii) the sum of $350,000,000 plus the amount of cash on deposit in a
segregated account to be utilized for the sole purpose of retiring such
Indebtedness.

 

(e)                                  The
provisions of Section 2.06(b) are amended by deleting the number “$200,000,000”
and substituting the number “$250,000,000” in its stead.

 

(f)                                    The
provisions of Section 2.07(a) are amended by deleting the number “$15,000,000”
and substituting the number “$50,000,000” in its stead.

 

(g)                                 The
provisions of Section 2.13 are amended by deleting the number “0.375%” and
substituting the number “0.30%” in its stead.

 

(h)                                 The
provisions of Section 2.18(a) are amended by adding the words “if the Required
Lenders have notified the Administrative Agent and the

 

10

 

Borrower that no such
conversions or continuations shall be permitted” at the end thereof.

 

(i)                                     The
provisions of Sections 2.22 and 2.23 are hereby amended by adding the following
new clause (h) to Section 2.22 and (c) to Section 2.23:

 

Notwithstanding anything to the contrary contained in
this Section, if prior to the application of any proceeds, the Agents have been
advised that certain of the proceeds received by them constitute proceeds from
any sale or other disposition of Term Lender Priority Collateral (as defined in
the Intercreditor Agreement), such proceeds shall not be applied to the
Obligations but shall be remitted to DRI or the Term Loan Agent (as defined in
the Intercreditor Agreement), in accordance with written notice provided by the
Term Loan Agent to the Agents.

 

4.                                       Amendments
to Article III.  The provisions of
Article III of the Credit Agreement are hereby amended as follows:

 

(a)                                  All
references to “the Parent” in Section 3.04 shall be deleted and replaced with
“DR Corp.”

 

(b)                                 All
references to “the Closing Date” in Section 3.05(c) shall be deleted and
replaced with “the Effective Date.”

 

(c)                                  The
provisions of Section 3.06(c) are hereby amended by deleting the text “Since
the date of this Agreement” and replacing it with “Since the Effective Date,”.

 

(d)                                 The
provisions of Section 3.14 are hereby amended by adding the words “Except as
set forth on Schedule 3.14 hereto:” immediately after the title to that
Section.

 

(e)                                  The
provisions of Section 3.16(b) are hereby amended by adding “except as set forth
on Schedule 3.16(b)” at the end of that Section.

 

5.                                       Amendment
to Article V.  The provisions of
Article V of the Credit Agreement are hereby amended as follows:

 

(a)                                  All
references to “the Parent” in Sections 5.01(a), (b), (c), (d), and (e) of the
Credit Agreement shall be deleted and replaced with “DR Corp.”

 

(b)                                 The
provisions of Section 5.13 of the Credit Agreement are hereby deleted in their
entirety and the following substituted in their stead:

 

11

 

If any additional Subsidiary of any Loan Party is
formed or acquired after the Closing Date, the Borrower will notify the Agents
and the Lenders thereof and (a) if such Subsidiary is not a Foreign Subsidiary,
the Borrower will cause such Subsidiary to become a Loan Party hereunder and
under each applicable Security Document in the manner provided therein within
fifteen (15) days after such Subsidiary is formed or acquired and promptly take
such actions to create and perfect Liens on such of the Subsidiary’s assets
which would constitute “Collateral” under the Security Documents to secure the
Obligations as any Agent or the Required Lenders shall reasonably request.

 

(c)                                  The
provisions of Section 5.14(b) of the Credit Agreement are hereby deleted in
their entirety and the following substituted in their stead:

 

If any material property which would constitute
Collateral is acquired by any Loan Party after the Closing Date (other than
assets constituting Collateral under the Security Agreement that become subject
to the Lien of the Security Agreement upon acquisition thereof), the Borrower
will notify the Agents and the Lenders thereof, and the Loan Parties will cause
such assets to be subjected to a Lien securing the Obligations and will take
such actions as shall be necessary or reasonably requested by any Agent to
grant and perfect such Liens, including actions described in paragraph (a) of
this Section, all at the expense of the Loan Parties.

 

6.                                       Amendment
to Article VI. The provisions of Article VI of the Credit Agreement are
hereby amended as follows:

 

(a)                                  Section
6.01 of the Credit Agreement is hereby amended by deleting the provisions of
Section 6.01(a)(viii) in its entirety and substituting the following in its
stead:

 

(viii) (A) Indebtedness arising under the Convertible Indenture and (B)
the Rex Transaction Financing, and related documents, and any Permanent
Securities or other Indebtedness which refinances same, provided however
that any such refinancing is permitted under the definitions of “Permanent
Securities”, “Rex Transaction Financing”, or “Permitted Refinancing”;

 

(b)                                 Section
6.01(a) of the Credit Agreement is hereby amended by renumbering clause (xi) as
clause (xii) and inserting a new clause (xi) as follows:

 

(xi)   Indebtedness consisting of
Guarantees of the Rex Transaction Financing and any Permanent Securities issued
in respect thereof or Permitted Refinancings thereof; and

 

12

 

(c)                                  Section
6.01(b) of the Credit Agreement is hereby amended by deleting clause (i)
thereof and substituting the following in its stead:

 

all dividends in respect of which are to be paid (and
all other payments in respect of which are to be made) either (x) in additional
shares of such preferred stock, in lieu of cash, or (y) in cash, but only if
the Payment Conditions are satisfied,

 

(d)                                 Section
6.02 of the Credit Agreement is hereby amended by deleting the period at the
end of clause (e) and adding the following:

 

; and

 

 (f)   Liens to secure Indebtedness permitted by
clause (viii) of Section 6.01(a), provided that if the Loan Parties
request that the Collateral Agent release its Lien on any collateral or subordinate
the priority of its Lien on any collateral (other than in the Revolving Lender
Priority Collateral (as defined in the Intercreditor Agreement) as to which the
Collateral Agent shall not be required to provide a release or subordination of
its Lien) to the Lien of the holders of such Indebtedness in such collateral,
the Collateral Agent shall so release or subordinate its Lien as long as (i)
the Intercreditor Agreement is in full force and effect, and (ii) no Default or
Event of Default shall then exist or arise therefrom.

 

(e)                                  Section
6.03(a) of the Credit Agreement is hereby amended by deleting the period, and
adding the following, at the end thereof:

 

and (iv) the Rex Transaction shall be permitted on the terms specified
herein (including, without limitation, the merger of DR Acquisition Corp. with
and into DR Corp.), (v) contemporaneously with the closing of the Rex
Transaction, DR Acquisition Corp. may merge with and into DR Corp., as long as
the Collateral Agent retains, as of the closing of the Rex Transaction, a
valid, perfected first priority Lien on the Revolving Lender Priority
Collateral (as defined in the Intercreditor Agreement) (and thereupon all
references to DR Corp. or the Borrower contained herein and in the other Loan
Documents shall thereafter mean and refer to such surviving entity), and (vi)
the Borrower may merge with and into, or be liquidated into, DR Corp.

 

(f)                                    Section
6.03(b) of the Credit Agreement is hereby amended by adding the following at
the end thereof:

 

13

 

Without limiting the generality of the foregoing, the Parent shall not
engage in any business, and shall not own any property or assets, other than
(i) acquiring and owning the capital stock of any other Loan Party, (ii)
incurring Indebtedness and performing its obligations under the Rex Transaction
Financing, any Permanent Securities, any Permitted Refinancing, and/or this
Agreement, (iii) incurring other obligations under the Rex Transaction and the
agreements contemplated thereby and engaging in activities contemplated therein
or required thereby, and (iv) otherwise incidental to the operation of the
business of a holding company.

 

(g)                                 Section
6.04 of the Credit Agreement is hereby amended as follows:

 

(i)                                     Section
6.04(c) of the Credit Agreement is deleted in its entirety and the following
substituted in its stead:

 

(c)   loans or advances made by any Loan Party to
any other Loan Party and by the Parent to DRS, provided that loans and
advances to the Parent shall be limited to such amounts as may be necessary to
enable the Parent (i) to pay amounts in respect of the Rex Transaction
Financing and the Permanent Securities or any Permitted Refinancing, to the
extent permitted hereunder, and to pay accounting, legal and other professional
fees, income taxes (including pursuant to the Tax Sharing Agreement), franchise
taxes, management fees permitted under Sections 6.07(e) and (f) hereof (to the
extent not otherwise paid), and other general and administrative expenses incurred
by the Parent for itself and the other Facility Guarantors and (ii) to make
dividends or distributions or to make loans and advances to DRS to enable DRS
to pay accounting, legal and other professional fees, income taxes (including
pursuant to the Tax Sharing Agreement), franchise taxes, management fees
permitted under Sections 6.07(e) and (f) hereof (to the extent not otherwise
paid), and other general and administrative expenses incurred by DRS;

 

(ii)                                  Section
6.04(d) of the Credit Agreement is deleted in its entirety and the following
substituted in its stead:

 

 (d)  
Equity Investments made by any Facility Guarantor in the Borrower or by
any Facility Guarantor or by the Borrower in another Facility Guarantor (other
than in the Parent) except for the purposes specified in Section 6.04(c)
hereof;

 

14

 

(h)                                 Section
6.05 of the Credit Agreement is hereby amended by adding the following new
clause immediately after clause (e) and before the proviso thereto:

 

(f)   the
consummation of the Rex Transaction.

 

(i)                                     Section
6.06 of the Credit Agreement is hereby amended as follows:

 

(i)                                     Section
6.06(a) of the Credit Agreement is hereby deleted in its entirety and the
following substituted in its stead:

 

 (a) The Loan Parties will not, and will not
permit any Subsidiary to, declare or make, or agree to pay or make, directly or
indirectly, any Restricted Payment, except (i) the Loan Parties may declare and
pay dividends with respect to their capital stock payable solely in additional
shares of or warrants to purchase their common stock, (ii) splits or
reclassifications of its stock into additional or other shares of its common
stock are permitted, (iii) as long as the Commitments have not been terminated
as a result of the occurrence of an Event of Default or the Obligations
accelerated, cash dividends to DR Corp. are permitted, (iv) as long as the
Commitments have not been terminated as a result of the occurrence of an Event
of Default or the Obligations accelerated, cash dividends to the Parent are
permitted to enable the Parent (x) to pay amounts in respect of the Rex
Transaction Financing and the Permanent Securities or any Permitted
Refinancing, to the extent permitted hereunder, and to pay accounting, legal
and other professional fees, income taxes (including pursuant to the Tax
Sharing Agreement), franchise taxes, management fees permitted under Sections
6.07(e) and (f) hereof (to the extent not otherwise paid), and other general
and administrative expenses incurred by the Parent for itself and the other
Facility Guarantors and (y) to make dividends or distributions or to make loans
and advances to DRS to enable DRS to pay accounting, legal and other
professional fees, income taxes (including pursuant to the Tax Sharing
Agreement), franchise taxes, management fees permitted under Sections 6.07(e)
and (f) hereof (to the extent not otherwise paid), and other general and
administrative expenses incurred by DRS, (v) as long as the Commitments have
not been terminated as a result of the occurrence of an Event of Default or the
Obligations accelerated, payments may be made to members of management of the
Borrower or DR 

 

15

 

Corp. in
respect of the exercise of stock options, so long as at such time Excess
Availability shall be equal to or greater than 15% of the Borrowing Base and no
Default or Event of Default then exists or would arise therefrom, (vi) only if
the Payment Conditions are then satisfied, the Parent may repurchase its
capital stock and/or declare and pay cash dividends to its shareholders, (vii)
the Subsidiaries of the Parent may declare and pay cash dividends, (A) to any
other Loan Party (other than DR Corp or the Parent), (B) to the extent
permitted in clause (iv) hereof, to the Parent, and (C) to the extent permitted
in clause (iii) hereof, to DR Corp; and (viii) the Parent may declare and pay
cash dividends to DRS to the extent permitted in clause (iv) hereof.

 

(ii)                                  Section
6.06(b)(i) of the Credit Agreement is hereby deleted in its entirety and the
following substituted in its stead:

 

 (i)  
(A) the repayment, redemption, or repurchase of Indebtedness evidenced
by the Convertible Indenture after the consummation of the Rex Transaction, (B)
the repayment, redemption or repurchase of the Rex Transaction Financing,
Permanent Securities or any Permitted Refinancing to the extent permitted under
this Agreement, or (C) as long as the Payment Conditions are satisfied, the
repayment, redemption or repurchase of Indebtedness evidenced by the
Convertible Indenture (other than Indebtedness repaid, redeemed or repurchased
after the consummation of the Rex Transaction) or Subordinated Indebtedness;

 

(iii)                               Section
6.06(b)(ii) of the Credit Agreement is hereby deleted in its entirety and the
following substituted in its stead:

 

payment of
mandatory or regularly scheduled interest and principal payments as and when
due in respect of any other Indebtedness permitted hereunder, including,
without limitation on account of the Rex Transaction Financing and any
Permanent Securities and any Permitted Refinancing of any of the foregoing;

 

(iv)                              Section
6.06(b) is hereby amended by deleting the period at the end of clause (iii) and
adding the following:

 

; and

 

16

 

(iv)  voluntary,
non-mandatory pre payments of Indebtedness on account of the Rex Transaction
Financing, any Permanent Securities and any Permitted Refinancing of any of the
foregoing (other than any Subordinated Indebtedness) as long as at such time
Excess Availability shall be equal to or greater than 15% of the Borrowing Base
and no Event of Default then exists or would arise therefrom.

 

(j)                                     The
provisions of Section 6.07 of the Credit Agreement are hereby amended by
deleting clause (d) in its entirety and adding the following in its stead:

 

and (d) the Rex Transaction, (e) the fees
payable to certain of the Purchasers upon the effectiveness of the Rex
Transaction, in the amount of $8,000,000, (f) as long as no Event of Default
has occurred and is continuing, the management fees payable to certain of the
Purchasers in an amount not to exceed in the aggregate $1,500,000 per annum,
and (g) the transactions set forth on Schedule 6.07 hereto.

 

(k)                                  The
provisions of Section 6.08 of the Credit Agreement are hereby amended by adding
the following at the end of clause (i) of the proviso
thereto:

 

or by any document relating to the Rex Transaction
Financing, any Permanent Securities or Permitted Refinancings thereof,

 

(l)                                     The
provisions of Section 6.09(b) of the Credit Agreement are hereby deleted in
their entirety and the following substituted in their stead:

 

 (b)
the Convertible Indenture and related documents other than as may be required
in order to effectuate the repayment, redemption or repurchase of Indebtedness
thereunder after the consummation of the Rex Transaction,

 

(m)                               The
provisions of Section 6.09 of the Credit Agreement are hereby amended as
follows:

 

(i)                                     by
deleting clause (e) in its entirety and substituting the following in its
stead:

 

(e)  the Rex
Transaction Financing or any Permanent Securities or any Permitted Refinancing
thereof, if as a result thereof a Default or an Event of Default would arise
hereunder.

 

17

 

(ii)                                  by
adding at the end of clause (c) the words “to the extent such amendment,
modification or waiver would have a Material Adverse Effect”

 

(n)                                 The
provisions of Section 6.10 of the Credit Agreement are hereby deleted in their
entirety and the following substituted in their stead:

 

6.10  Additional
Subsidiaries.   Other than DR
Acquisition Corp., the Loan Parties will not, and will not permit any
Subsidiary to, create any additional Subsidiary unless no Default or Event of
Default would arise therefrom and the requirements of Section 5.13 are
satisfied.

 

(o)                                 The
provisions of Section 6.11(a) of the Credit Agreement are deleted in their
entirety and the following substituted in their stead:

 

Fixed Charge Coverage Ratio;
Capital Expenditures.  (a)  At any time that Excess Availability is less
than ten percent (10%) of the then Borrowing Base, the Loan Parties shall
maintain a Fixed Charge Coverage Ratio, calculated as of the last day of each
month, during the Fiscal Years set forth below as follows:

 

	
  Period

  	
   

  	
  Minimum Ratio

  	
   

  
	
  Fiscal Year 2003

  	
   

  	
  1.10:1.00

  	
   

  
	
  Fiscal Year 2004 and thereafter

  	
   

  	
  1.00:1.00

  	
   

  

 

7.                                       Amendments
to Article VII.  The provisions of
Section 7.01(g) of the Credit Agreement are hereby amended by adding the words
“except for any repayment of the Convertible Notes after consummation of the
Rex Transaction” at the beginning thereof.

 

8.                                       Amendments
to Article IX.  The provisions of
Section 9.02(b)(i) of the Credit Agreement are hereby amended by deleting the
number “$225,000,000” and substituting the number “$275,000,000” in its stead.

 

9.                                       Amendment
to Exhibits and Schedules.  Exhibit A
and Schedules 1.1, 3.05(c)(i), 3.05(c)(ii), 3.06, 3.09, 3.12, 3.13, 6.01, 6.02,
6.04 and 6.07 to the Credit Agreement are replaced as of the Effective Date of
the Rex Related Amendments with a new Exhibit A and new Schedules in the form
annexed hereto.

 

18

 

10.                                 Ratification
of Loan Documents.  Except as
provided herein and in any other documents of even date amending the other Loan
Documents, all terms and conditions of the Credit Agreement and of the other
Loan Documents remain in full force and effect. 
The Loan Parties each hereby ratify, confirm, and reaffirm all of the
representations and warranties contained therein both before and after giving
effect to the Rex Transaction and the other transactions described in Paragraph
5 hereof.

 

11.                                 Conditions
to Effectiveness.

 

(a)                                  This
First Amendment (other than the Rex Related Amendments) shall not be effective
until each of the following conditions precedent have been fulfilled to the
satisfaction of the Administrative Agent:

 

(i)                                     This
First Amendment shall have been duly executed and delivered by the respective
parties.

 

(ii)                                  All
corporate and shareholder action on the part of the Loan Parties necessary for
the valid execution, delivery and performance by the Loan Parties of this First
Amendment shall have been duly and effectively taken and evidence thereof
satisfactory to the Administrative Agent shall have been provided to the Administrative
Agent.

 

(iii)                               The
Borrower shall have paid the Administrative Agent the fees required under the
Fee Letter as amended and restated as of the date hereof.

 

(iv)                              No
Default or Event of Default shall have occurred and be continuing.

 

(v)                                 The
Loan Parties shall have executed such additional instruments, documents and
agreements as the Administrative Agent may reasonably request.

 

(b)                                 This
First Amendment (with respect to the Rex Related Amendments) shall not be
effective until each of the following conditions precedent have been fulfilled
to the satisfaction of the Administrative Agent:

 

(i)                                     The
conditions precedent set forth in Paragraph 11(a) shall have been satisfied.

 

(ii)                                  The
Parent shall have executed and delivered a Facility Guarantee to the Administrative
Agent.

 

19

 

(iii)                               The
Rex Transaction shall have been consummated, provided that, this clause
(iii) shall be deemed to have been satisfied if, prior to the consummation of
the Rex Transaction, the proceeds of the Senior Subordinated Notes are held in
escrow pending the consummation of the Rex Transaction or are returned to the
holders of the Rex Transaction Financing if the Rex Transaction is not
consummated within 120 days after the date of this First Amendment.

 

(iv)                              The
instruments, documents and agreements evidencing the Rex Transaction Financing
shall be reasonably satisfactory to the Administrative Agent, it being agreed
that such instruments, documents and agreements shall be deemed reasonably
satisfactory as long as (i) none of the provisions thereof would violate the
representations, covenants and agreements of the Loan Parties under the Credit
Agreement and other Loan Documents, after giving effect to the First Amendment,
and (ii) the provisions are otherwise materially consistent with the draft
documents and agreements previously furnished to the Agent.

 

(v)                                 The
Agents shall have received a solvency opinion from an independent Person
reasonably acceptable to the Administrative Agent addressed to the Agents and
the other Secured Parties, the form, methodology and results of which are
reasonably satisfactory to the Agents in all respects. The Administrative Agent
shall not request that such solvency opinion be addressed to any Person other
than the Agents and the other Secured Parties.

 

(vi)                              The
Administrative Agent shall have received an updated favorable legal opinion of
the Loan Parties’ counsel addressed to the Agents and the other Secured
Parties, in form and substance reasonably satisfactory to the Agents, including
without limitation, with respect to the Rex Transaction.

 

(vii)                           No
Default or Event of Default shall have occurred and be continuing.

 

(viii)                        The Loan
Parties shall have executed such additional instruments, documents and agreements
as the Administrative Agent may reasonably request.

 

12.                                 Miscellaneous.

 

(a)                                  This
First Amendment may be executed in several counterparts and by each party on a
separate counterpart, each of which when so executed and 

 

20

 

delivered shall be an
original, and all of which together shall constitute one instrument.

 

(b)                                 This
First Amendment expresses the entire understanding of the parties with respect
to the transactions contemplated hereby. 
No prior negotiations or discussions shall limit, modify, or otherwise
affect the provisions hereof.

 

(c)                                  Any
determination that any provision of this First Amendment or any application
hereof is invalid, illegal or unenforceable in any respect and in any instance
shall not effect the validity, legality, or enforceability of such provision in
any other instance, or the validity, legality or enforceability of any other
provisions of this First Amendment.

 

(d)                                 The
Loan Parties shall pay all costs and expenses of the Agents, including, without
limitation, reasonable attorneys’ fees in connection with the preparation,
negotiation, execution and delivery of this First Amendment.

 

(e)                                  The
Loan Parties warrant and represent that the Loan Parties have consulted with
independent legal counsel of their selection in connection with this First
Amendment and are not relying on any representations or warranties of the
Agents or the Lenders or their counsel in entering into this First Amendment.

 

13.                                 Further
Assurances.   Each Loan Party
acknowledges and agrees that (a) it is not and will not be a party to, or a
third party beneficiary of, the Intercreditor Agreement, and will not receive
any right, benefit, priority or interest under or because of the existence of
the Intercreditor Agreement, and (b) it will execute and deliver such
additional documents and take such additional action as may be necessary or
desirable in the reasonable opinion of the Administrative Agent to effectuate
the provisions and purposes of the Intercreditor Agreement.

 

21

 

IN WITNESS WHEREOF, the parties have hereunto
caused this First Amendment to be executed and their seals to be hereto affixed
as of the date first above written.

 

	
   

  	
  DUANE READE

  
	
   

  	
  as Borrower

  
	
   

  	
  By:

  	
  DUANE READE INC., its General Partner

  
	
   

  	
  By:

  	
   

  	
   /s/ Chris Darrow

  	
   

  
	
   

  	
  Name:

  	
  Chris Darrow

  
	
   

  	
  Title:

  	
  Vice President and Controller

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   /s/ Michelle D. Bergman

  	
   

  
	
   

  	
  Name:

  	
  Michelle D. Bergman

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
  DRI I INC., its General Partner

  	
   

  
	
   

  	
  By:

  	
   /s/ Chris Darrow

  
	
   

  	
  Name:

  	
  Chris Darrow

  
	
   

  	
  Title:

  	
  Vice President and Controller

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   /s/ Michelle D. Bergman

  	
   

  
	
   

  	
  Name:

  	
  Michelle D. Bergman

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  DUANE READE INC., as Facility Guarantor

  
	
   

  	
  By:

  	
   

  	
   /s/ Chris Darrow

  	
   

  
	
   

  	
  Name:

  	
  Chris Darrow

  
	
   

  	
  Title:

  	
  Vice President and Controller

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   /s/ Michelle D. Bergman

  	
   

  
	
   

  	
  Name:

  	
  Michelle D. Bergman

  
	
   

  	
  Title:

  	
  Vice President

  

 

22

 

	
   

  	
  DRI I INC., as Facility Guarantor

  
	
   

  	
  By:

  	
   

  	
   /s/ Chris Darrow

  	
   

  
	
   

  	
  Name:

  	
  Chris Darrow

  
	
   

  	
  Title:

  	
  Vice President and Controller

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   /s/ Michelle D. Bergman

  	
   

  
	
   

  	
  Name:

  	
  Michelle D. Bergman

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  DUANE READE INTERNATIONAL,

  INC., as Facility Guarantor

  
	
   

  	
  By:

  	
   

  	
   /s/ Chris Darrow

  	
   

  
	
   

  	
  Name:

  	
  Chris Darrow

  
	
   

  	
  Title:

  	
  Vice President and Controller

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   /s/ Michelle D. Bergman

  	
   

  
	
   

  	
  Name:

  	
  Michelle D. Bergman

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  DUANE READE REALTY, INC., as

  Facility Guarantor

  
	
   

  	
  By:

  	
   

  	
   /s/ Chris Darrow

  	
   

  
	
   

  	
  Name:

  	
  Chris Darrow

  
	
   

  	
  Title:

  	
  Vice President and Controller

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   /s/ Michelle D. Bergman

  	
   

  
	
   

  	
  Name:

  	
  Michelle D. Bergman

  
	
   

  	
  Title:

  	
  Vice President

  

 

S-2

 

	
   

  	
  FLEET RETAIL GROUP, INC.,

  
	
   

  	
  As Collateral Agent, as Swingline Lender and as Lender

  
	
   

  	
  By:

  	
   

  	
  /s/ Mark Forti

  	
   

  
	
   

  	
  Name:

  	
  Mark Forti

  
	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
  Address:

  
	
   

  	
  40 Broad Street, 10th Floor

  
	
   

  	
  Boston, Massachusetts 02109

  
	
   

  	
  Attn: Mark Forti

  
	
   

  	
  Telephone: (617) 434-4364

  
	
   

  	
  Telecopy: (617) 434-4339

  
	
   

  	
   

  
	
   

  	
  FLEET NATIONAL BANK,

  
	
   

  	
  as Administrative Agent and as Issuing Bank

  
	
   

  	
  By:

  	
   

  	
  /s/ Mark Forti

  	
   

  
	
   

  	
  Name:

  	
  Mark Forti

  
	
   

  	
  Title:

  	
  Managing Director

  
	
   

  	
  Address:

  
	
   

  	
  40 Broad Street

  
	
   

  	
  Boston, Massachusetts 02109

  
	
   

  	
  Attn: Mark Forti

  
	
   

  	
  Telephone: (617) 434-4364

  
	
   

  	
  Telecopy: (617) 434-4339

  
						

 

S-3

 

	
   

  	
  CONGRESS FINANCIAL

  CORPORATION, as Documentation Agent and Lender

  
	
   

  	
  By:

  	
   

  	
  /s/ Thomas Grabinsky

  	
   

  
	
   

  	
  Name:

  	
  Thomas Grabinsky

  
	
   

  	
  Title:

  	
  First Vice President

  
	
   

  	
  Address: 1133 Avenue of the Americas

  
	
   

  	
  Telephone: (212) 545-4346

  
	
   

  	
  Telecopy: (212) 545-4283

  

 

S-4

 

	
   

  	
  GENERAL ELECTRIC CAPITAL

  CORPORATION, as Syndication Agent

  
	
   

  	
  and Lender

  
	
   

  	
  By:

  	
   

  	
  /s/ Craig Winslow

  	
   

  
	
   

  	
  Name:

  	
  Craig Winslow

  
	
   

  	
  Title:

  	
   

  
	
   

  	
  Address:

  
	
   

  	
  Telephone:

  
	
   

  	
  Telecopy:

  

 

S-5

 

	
   

  	
  THE CIT GROUP/BUSINESS CREDIT, INC., as Lender

  
	
   

  	
  By:

  	
   

  	
  /s/ Steven Schuit

  	
   

  
	
   

  	
  Name:

  	
  Steven Schuit

  
	
   

  	
  Title:

  	
  Vice President, Team Leader

  
	
   

  	
  Address:

  
	
   

  	
  Telephone:

  
	
   

  	
  Telecopy:

  

 

S-6

 

	
   

  	
  WELLS FARGO RETAIL FINANCE, LLC, as Syndication Agent, as Co-Lead
  Arranger, and as Lender

  
	
   

  	
  By: :

  	
   

  	
  /s/ David Molinario

  	
   

  
	
   

  	
  Name:

  	
  David Molinario

  
	
   

  	
  Title: :

  	
  Vice President

  
	
   

  	
  Address: One Boston Place, 18th Floor

  
	
   

  	
   

  	
  Boston, Massachusetts 02108

  
	
   

  	
  Telephone: 617-854-7227

  
	
   

  	
  Telecopy: 617-722-9485

  
						

 

S-7

 

SCHEDULE
3.05(C)(I)

 

OWNED
REAL PROPERTY

 

	
  Owner

  	
   

  	
  Address (including County)

  	
   

  	
  Mortgage Holders / Lien

  Holders on Property

  
	
  Duane Reade

  	
   

  	
  1114 Springfield Avenue

  Irvington, Essex County, NJ 07111

  

  Land and Building owned

  	
   

  	
  None

  

 

 

SCHEDULE
3.05(C)(II)

 

LEASED
REAL PROPERTY

 

	
  137

  	
   

  	
  306 E FORDHAM RD

  	
   

  	
  KINGSBRIDGE RD

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10468

  
	
  150

  	
   

  	
  963 SOUTHERN BLVD

  	
   

  	
  HUNTSPOINT

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10459

  
	
  182

  	
   

  	
  190 W 231ST ST

  	
   

  	
  BROADWAY

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10463

  
	
  196

  	
   

  	
  2939 3RD AVE

  	
   

  	
  E 152ND ST

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10455

  
	
  275

  	
   

  	
  2641 E TREMONT AVE

  	
   

  	
  WESTCHESTER AVE

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10461

  
	
  288

  	
   

  	
  1-13 KINGSBRIDGE RD

  	
   

  	
  JEROME AVE

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10458

  
	
  322

  	
   

  	
  4026A BOSTON ROAD

  	
   

  	
  DYRE AVE

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10475

  
	
  347

  	
   

  	
  1591 WESTCHESTER AVE

  	
   

  	
  MANOR AVE

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10472

  
	
  459

  	
   

  	
  58 E FORDHAM RD

  	
   

  	
  JEROME AVE

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10458

  
	
  478

  	
   

  	
  1888 WESTCHESTER AVE

  	
   

  	
  WHITE PLAINS RD

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
  10472

  
	
  128

  	
   

  	
  386 FULTON ST

  	
   

  	
  FULTON MALL

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11201

  
	
  144

  	
   

  	
  522 FULTON ST

  	
   

  	
  FLATBUSH AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11201

  
	
  147

  	
   

  	
  749 BROADWAY

  	
   

  	
  GRAHAM AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11206

  
	
  154

  	
   

  	
  44 COURT ST

  	
   

  	
  JORALEMON ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11201

  
	
  167

  	
   

  	
  416 KNICKERBOCKER AVE

  	
   

  	
  HARMAN ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11237

  
	
  172

  	
   

  	
  1181 LIBERTY AVE

  	
   

  	
  GRANT/ELDERT AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11208

  
	
  178

  	
   

  	
  1450 ROCKAWAY PKWY

  	
   

  	
  GLENWOOD AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11236

  
	
  183

  	
   

  	
  1520 AVENUE J

  	
   

  	
  E 16TH ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11230

  
	
  184

  	
   

  	
  724 FLATBUSH AVE

  	
   

  	
  PARKSIDE AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11226

  
	
  192

  	
   

  	
  3612 NOSTRAND AVE

  	
   

  	
  AVENUE W

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11229

  
	
  201

  	
   

  	
  1417 AVENUE U

  	
   

  	
  E 14TH ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11229

  
	
  211

  	
   

  	
  4402 13TH AVE

  	
   

  	
  44TH ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11219

  
	
  219

  	
   

  	
  30-90 OCEAN AVE

  	
   

  	
  VOORHES AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11225

  
	
  234

  	
   

  	
  2520 FLATBUSH AVE

  	
   

  	
  KINGS PLAZA

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11234

  
	
  277

  	
   

  	
  1517 CORTELYOU RD

  	
   

  	
  MARLBOROUGH RD

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11226

  
	
  285

  	
   

  	
  101-105 BRIGHTON BEACH
  AVE

  	
   

  	
  OCEAN PARKWAY

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11235

  
	
  286

  	
   

  	
  1833  NOSTRAND AVE

  	
   

  	
  AVENUE D

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11226

  
	
  294

  	
   

  	
  2141 NOSTRAND AVE

  	
   

  	
  FLATBUSH AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11210

  
	
  298

  	
   

  	
  16 COURT ST

  	
   

  	
  MONTAGUE ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11201

  
	
  301

  	
   

  	
  520 KINGS HIGHWAY

  	
   

  	
  3RD ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11223

  
	
  305

  	
   

  	
  ONE REMSEN AVE

  	
   

  	
  EMPIRE AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11212

  

 

 

	
  309

  	
   

  	
  6717 4TH AVE

  	
   

  	
  SENATOR ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11220

  
	
  312

  	
   

  	
  296 FLATBUSH AVE

  	
   

  	
  PROSPECT PLACE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11217

  
	
  316

  	
   

  	
  1110 KINGS HIGHWAY

  	
   

  	
  CONEY ISLAND AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11229

  
	
  331

  	
   

  	
  168-174 MYRTLE AVE

  	
   

  	
  PRINCE ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11201

  
	
  342

  	
   

  	
  1805 AVENUE U

  	
   

  	
  18TH ST

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11229

  
	
  349

  	
   

  	
  750 NEW YORK AVE

  	
   

  	
  CLARKSON AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11203

  
	
  367

  	
   

  	
  5423 SECOND AVENUE

  	
   

  	
  55TH STREET

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11220

  
	
  444

  	
   

  	
  2265 RALPH AVE

  	
   

  	
  AVENUE L

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11234

  
	
  464

  	
   

  	
  436 86TH ST

  	
   

  	
  4TH AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11209

  
	
  474

  	
   

  	
  2931 AVENUE U

  	
   

  	
  NOSTRAND AVE

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11229

  
	
  482

  	
   

  	
  1401-07 KINGS HWY

  	
   

  	
  E 14TH

  	
   

  	
  BROOKLYN

  	
   

  	
  NEW YORK

  	
   

  	
  11229

  
	
  101

  	
   

  	
  37 BROADWAY

  	
   

  	
  EXCHANGE PLACE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10006

  
	
  102

  	
   

  	
  250 BROADWAY

  	
   

  	
  PARK ROW

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10007

  
	
  103

  	
   

  	
  300 PARK AVE SOUTH

  	
   

  	
  22ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10010

  
	
  104

  	
   

  	
  401 PARK AVE SOUTH

  	
   

  	
  28TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10010

  
	
  105

  	
   

  	
  45 PINE ST

  	
   

  	
  WILLIAM ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10005

  
	
  106

  	
   

  	
  370 LEXINGTON AVE

  	
   

  	
  40TH/41ST ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  108

  	
   

  	
  1150 6TH AVE

  	
   

  	
  44TH/45TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10036

  
	
  109

  	
   

  	
  270 MADISON AVE

  	
   

  	
  41ST/42ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  110

  	
   

  	
  99 JOHN ST

  	
   

  	
  GOLD ST/CLIFF ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10038

  
	
  111

  	
   

  	
  1430 BROADWAY

  	
   

  	
  39TH/40TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10018

  
	
  112

  	
   

  	
  485 LEXINGTON AVE

  	
   

  	
  47TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  113

  	
   

  	
  224 W 57TH
  ST

  	
   

  	
  BROADWAY

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  115

  	
   

  	
  51 W 51ST ST

  	
   

  	
  OFF 6TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  116

  	
   

  	
  144 E 44TH ST

  	
   

  	
  LEXINGTON/ 3RD AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  117

  	
   

  	
  41 E 58TH ST

  	
   

  	
  MADISON/ PARK

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  118

  	
   

  	
  305 BROADWAY

  	
   

  	
  DUANE ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10007

  
	
  119

  	
   

  	
  525 7TH AVE

  	
   

  	
  38TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10018

  
	
  120

  	
   

  	
  415 5TH AVE

  	
   

  	
  37TH/38TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10016

  
	
  121

  	
   

  	
  215 W 34TH ST

  	
   

  	
  7TH/8TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10001

  
	
  122

  	
   

  	
  535 5TH AVE

  	
   

  	
  44TH/45TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  123

  	
   

  	
  358 5TH AVE

  	
   

  	
  33RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10118

  
	
  124

  	
   

  	
  1633 BROADWAY

  	
   

  	
  50TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  125

  	
   

  	
  67 BROAD ST

  	
   

  	
  BEAVER ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10004

  
	
  126

  	
   

  	
  95 WALL ST

  	
   

  	
  WATER ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10005

  

 

 

	
  127

  	
   

  	
  49 E 52ND ST

  	
   

  	
  MADISON/ PARK

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  129

  	
   

  	
  55 E 55TH ST

  	
   

  	
  MADISON/ PARK

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  130

  	
   

  	
  4 PARK AVE

  	
   

  	
  34TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10016

  
	
  131

  	
   

  	
  1 WHITEHALL

  	
   

  	
  STONE ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10008

  
	
  132

  	
   

  	
  80 MAIDEN LANE

  	
   

  	
  WILLIAMS ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10038

  
	
  134

  	
   

  	
  100 W 57TH ST

  	
   

  	
  5TH/ 6TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  138

  	
   

  	
  333 7TH AVE

  	
   

  	
  28TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10001

  
	
  139

  	
   

  	
  598 BROADWAY

  	
   

  	
  HOUSTON/PRINCE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10012

  
	
  140

  	
   

  	
  405 LEXINGTON AVE

  	
   

  	
  42ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  143

  	
   

  	
  24 E 14TH ST

  	
   

  	
  UNIVERSITY PL

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10003

  
	
  145

  	
   

  	
  1191 2ND AVE

  	
   

  	
  E 63RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  146

  	
   

  	
  2465 BROADWAY

  	
   

  	
  91ST ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  148

  	
   

  	
  279 W 125TH ST

  	
   

  	
  F. DOUGLAS BLVD

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10027

  
	
  151

  	
   

  	
  1279 3RD AVE

  	
   

  	
  200 E 74TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  152

  	
   

  	
  666 3RD AVE

  	
   

  	
  43RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10163

  
	
  153

  	
   

  	
  866 3RD AVE

  	
   

  	
  53RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  155

  	
   

  	
  2 PENN PLAZA

  	
   

  	
  34TH ST/ 7TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10121

  
	
  156

  	
   

  	
  2307 BROADWAY

  	
   

  	
  83RD/ 84TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10024

  
	
  157

  	
   

  	
  979 3RD AVE

  	
   

  	
  58TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  158

  	
   

  	
  22 W 48TH ST

  	
   

  	
  OFF 6TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10036

  
	
  159

  	
   

  	
  378 6TH AVE

  	
   

  	
  WAVERLY PLACE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10011

  
	
  160

  	
   

  	
  71 W 23RD ST

  	
   

  	
  OFF 6TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10010

  
	
  162

  	
   

  	
  196 3RD AVE

  	
   

  	
  18TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10003

  
	
  164

  	
   

  	
  251 E 86TH ST

  	
   

  	
  2ND AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10028

  
	
  165

  	
   

  	
  380 AMSTERDAM AVE

  	
   

  	
  79TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10024

  
	
  166

  	
   

  	
  1185 6TH AVE

  	
   

  	
  47TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10036

  
	
  168

  	
   

  	
  1467 1ST AVE

  	
   

  	
  76TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  169

  	
   

  	
  155 E 34TH ST

  	
   

  	
  3RD AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10016

  
	
  173

  	
   

  	
  131 E 23RD ST

  	
   

  	
  LEXINGTON AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10010

  
	
  174

  	
   

  	
  40 FULTON ST

  	
   

  	
  WATER ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10038

  
	
  176 *

  	
   

  	
  29-33 7TH AVE

  	
   

  	
  12TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10011

  
	
  177

  	
   

  	
  1290 AMSTERDAM AVE

  	
   

  	
  123RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10027

  
	
  180

  	
   

  	
  2108 3RD AVE

  	
   

  	
  115TH/116TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10029

  
	
  181

  	
   

  	
  4 AMSTERDAM AVE

  	
   

  	
  58TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10023

  

 

 

	
  185

  	
   

  	
  98 DELANCEY ST

  	
   

  	
  LUDLOW ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10002

  
	
  186

  	
   

  	
  322 8TH AVE

  	
   

  	
  26TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10001

  
	
  189

  	
   

  	
  617 W 181ST ST

  	
   

  	
  ST. NICHOLAS/ WADSWORTH
  AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10033

  
	
  191

  	
   

  	
  1231 MADISON AVE

  	
   

  	
  89TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10128

  
	
  194

  	
   

  	
  2681-7 BROADWAY

  	
   

  	
  102ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  197

  	
   

  	
  585 2ND AVE

  	
   

  	
  32ND/33RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10016

  
	
  200

  	
   

  	
  465  2ND AVE

  	
   

  	
  26TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10016

  
	
  202

  	
   

  	
  700 COLUMBUS AVE

  	
   

  	
  94TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  208

  	
   

  	
  2025 BROADWAY

  	
   

  	
  69TH/70TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10023

  
	
  209

  	
   

  	
  609 COLUMBUS AVE

  	
   

  	
  89TH/90TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10024

  
	
  213

  	
   

  	
  407 BROADWAY

  	
   

  	
  CANAL ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10013

  
	
  214

  	
   

  	
  2760-62 BROADWAY

  	
   

  	
  106TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  217

  	
   

  	
  625 8TH AVE

  	
   

  	
  40TH STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10018

  
	
  221

  	
   

  	
  773 LEXINGTON AVE

  	
   

  	
  60TH/61ST ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  223

  	
   

  	
  661 8TH AVE

  	
   

  	
  42ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10018

  
	
  224

  	
   

  	
  769 BROADWAY

  	
   

  	
  E 9TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10003

  
	
  225

  	
   

  	
  2864 BROADWAY

  	
   

  	
  111TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  226

  	
   

  	
  976 AMSTERDAM AVE

  	
   

  	
  108TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  227

  	
   

  	
  1345 1ST AVE

  	
   

  	
  72ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  229

  	
   

  	
  852 2ND AVE

  	
   

  	
  45TH/46TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  230

  	
   

  	
  1873 BROADWAY

  	
   

  	
  62ND ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10023

  
	
  231

  	
   

  	
  2589 BROADWAY

  	
   

  	
  97TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10025

  
	
  232

  	
   

  	
  1498 YORK AVE

  	
   

  	
  79TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  236

  	
   

  	
  1524 2ND AVE

  	
   

  	
  79TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  237

  	
   

  	
  147 FULTON ST

  	
   

  	
  BROADWAY

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10038

  
	
  238

  	
   

  	
  1187 1ST AVE

  	
   

  	
  64TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  239

  	
   

  	
  721 9TH AVE

  	
   

  	
  49TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  241

  	
   

  	
  1076 2ND AVE

  	
   

  	
  57TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  242

  	
   

  	
  401 E 86TH ST

  	
   

  	
  1ST AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10028

  
	
  243

  	
   

  	
  931 LEXINGTON AVE

  	
   

  	
  68TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  245

  	
   

  	
  135 E 125TH ST

  	
   

  	
  LEXINGTON AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10035

  
	
  246

  	
   

  	
  777 6TH AVE

  	
   

  	
  26TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10001

  
	
  247

  	
   

  	
  4 W 4TH ST

  	
   

  	
  BROADWAY

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10012

  
	
  253

  	
   

  	
  48-50 W 14TH ST

  	
   

  	
  BROADWAY

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10011

  

 

 

	
  260

  	
   

  	
  77 7TH AVE

  	
   

  	
  14TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10011

  
	
  261

  	
   

  	
  630 3RD AVE

  	
   

  	
  41ST ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10017

  
	
  264

  	
   

  	
  130 WILLIAM ST

  	
   

  	
  FULTON ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10038

  
	
  265

  	
   

  	
  123 3RD AVE

  	
   

  	
  14TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10003

  
	
  266

  	
   

  	
  253 W 72ND ST

  	
   

  	
  WEST END AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10023

  
	
  270

  	
   

  	
  172 DYCKMAN ST

  	
   

  	
  SHERMAN ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10040

  
	
  272

  	
   

  	
  4 COLUMBUS CIRCLE

  	
   

  	
  58TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  276

  	
   

  	
  1270 BROADWAY

  	
   

  	
  33RD ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10001

  
	
  281

  	
   

  	
  1221 6TH AVE

  	
   

  	
  48TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  282

  	
   

  	
  1251 6TH AVE

  	
   

  	
  49TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10020

  
	
  287

  	
   

  	
  666 LEXINGTON AVE

  	
   

  	
  56TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  289

  	
   

  	
  280 BROADWAY

  	
   

  	
  CHAMBERS ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10002

  
	
  290

  	
   

  	
  60 MADISON AVE

  	
   

  	
  27TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10010

  
	
  291

  	
   

  	
  50 BOWERY

  	
   

  	
  CANAL ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10002

  
	
  292

  	
   

  	
  1091 LEXINGTON AVE

  	
   

  	
  76TH/77TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10021

  
	
  293

  	
   

  	
  140 W 23RD ST

  	
   

  	
  6TH/7TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10011

  
	
  295

  	
   

  	
  230 PARK AVE

  	
   

  	
  VANDERBILT/46TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10169

  
	
  311

  	
   

  	
  873 BROADWAY

  	
   

  	
  18TH/19TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10003

  
	
  317

  	
   

  	
  1915 3RD AVE

  	
   

  	
  106TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10029

  
	
  318

  	
   

  	
  300 E 39TH ST

  	
   

  	
  2ND AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10016

  
	
  319

  	
   

  	
  180 W 20TH ST

  	
   

  	
  7TH/8TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10011

  
	
  321

  	
   

  	
  1370 AVENUE OF THE
  AMERICAS

  	
   

  	
  56TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  327

  	
   

  	
  1675 3RD AVE

  	
   

  	
  93RD/94TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10128

  
	
  329

  	
   

  	
  17 BATTERY PLACE

  	
   

  	
  WEST ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10004

  
	
  335

  	
   

  	
  320 WEST 145TH
  STREET

  	
   

  	
  BRADHURST AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10039

  
	
  338

  	
   

  	
  333 EAST 102ND
  STREET

  	
   

  	
  1ST AVENUE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10029

  
	
  339

  	
   

  	
  125 E 86TH ST

  	
   

  	
  LEXINGTON AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10028

  
	
  344

  	
   

  	
  ONE PENN EAST

  	
   

  	
  34TH ST/7TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  345

  	
   

  	
  460 8TH AVE (ONE PENN
  WEST)

  	
   

  	
  34TH ST/8TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10019

  
	
  346

  	
   

  	
  111 WORTH STREET

  	
   

  	
  LAFAYETTE SREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10013

  
	
  351

  	
   

  	
  1749 1ST
  AVENUE

  	
   

  	
  91ST STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10128

  
	
  354

  	
   

  	
  194 E 2ND ST

  	
   

  	
  AVENUE B

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10009

  
	
  361

  	
   

  	
  4086 BROADWAY

  	
   

  	
  173RD STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10032

  
	
  365

  	
   

  	
  2150 BROADWAY

  	
   

  	
  WEST 76TH
  STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10023

  

 

 

	
  366

  	
   

  	
  2407 BROADWAY

  	
   

  	
  WEST 89TH
  STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10024

  
	
  368

  	
   

  	
  931 FIRST AVENUE

  	
   

  	
  51ST STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10022

  
	
  370

  	
   

  	
  1479 THIRD AVENUE

  	
   

  	
  84TH STREET

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10028

  
	
  542

  	
   

  	
  4 TIMES SQUARE

  	
   

  	
  BROADWAY/7TH AVE

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10036

  
	
  222

  	
   

  	
  608 COLUMBUS AVE

  	
   

  	
  89TH/90TH ST

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
  10024

  
	
  193

  	
   

  	
  138 HILLSIDE BLVD

  	
   

  	
  WILLIS AVE

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11596

  
	
  240

  	
   

  	
  1596 UNION TPKE

  	
   

  	
  NEW HYDE PARK RD

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11040

  
	
  259

  	
   

  	
  1149 MERRICK AVE

  	
   

  	
  JERUSALEM AVE

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11566

  
	
  269

  	
   

  	
  1338-40 BROADWAY

  	
   

  	
  EVERIT AVE

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11557

  
	
  284

  	
   

  	
  901 CARMANS RD

  	
   

  	
  BAILEY DR

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11758

  
	
  341

  	
   

  	
  341 ROCKAWAY TURNPIKE

  	
   

  	
  PENINSULA BLVD

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11559

  
	
  445

  	
   

  	
  4250 JERUSALEM AVE

  	
   

  	
  HICKSVILLE RD

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11758

  
	
  451

  	
   

  	
  710 FRANKLIN AVE

  	
   

  	
  FRANKLIN SQ

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11010

  
	
  452

  	
   

  	
  530 JERICHO TPKE

  	
   

  	
  WARDWELL RD

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11501

  
	
  458

  	
   

  	
  265 N BROADWAY

  	
   

  	
  PRINCESS ST

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11801

  
	
  467

  	
   

  	
  1445 HEMPSTEAD TPKE

  	
   

  	
  SCHOOL RD

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11003

  
	
  469

  	
   

  	
  5601 MERRICK RD

  	
   

  	
  ROOSEVELT BLVD

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11758

  
	
  441

  	
   

  	
  491 BELLMORE AVE

  	
   

  	
  MERRICK AVE N

  	
   

  	
  NASSAU

  	
   

  	
  NEW YORK

  	
   

  	
  11554

  
	
  136

  	
   

  	
  707 BROAD ST

  	
   

  	
  RAYMOND ST

  	
   

  	
  NEWARK

  	
   

  	
  NEW JERSEY

  	
   

  	
  07102

  
	
  258

  	
   

  	
  176 MAIN ST

  	
   

  	
  HOYM ST

  	
   

  	
  FORT LEE

  	
   

  	
  NEW JERSEY

  	
   

  	
  07024

  
	
  267

  	
   

  	
  11 EDGEWATER TOWN CTR

  	
   

  	
  HILLIARD

  	
   

  	
  EDGEWATER

  	
   

  	
  NEW JERSEY

  	
   

  	
  07020

  
	
  283

  	
   

  	
  1560 TEANECK RD

  	
   

  	
  TYRON AVE

  	
   

  	
  TEANECK

  	
   

  	
  NEW JERSEY

  	
   

  	
  07666

  
	
  303

  	
   

  	
  5 - 8 PATH PLAZA

  	
   

  	
  JOURNAL SQ

  	
   

  	
  JERSEY CITY

  	
   

  	
  NEW JERSEY

  	
   

  	
  07306

  
	
  304

  	
   

  	
  ONE MAYWOOD AVE

  	
   

  	
  W ESSEX ST

  	
   

  	
  MAYWOOD

  	
   

  	
  NEW JERSEY

  	
   

  	
  07607

  
	
  306

  	
   

  	
  52 RIVER DRIVE SO

  	
   

  	
  NEWPORT PKWY

  	
   

  	
  JERSEY CITY

  	
   

  	
  NEW JERSEY

  	
   

  	
  07310

  
	
  310

  	
   

  	
  325 SPRINGFIELD AVENUE

  	
   

  	
  MORRIS AVE.

  	
   

  	
  NEWARK

  	
   

  	
  NEW JERSEY

  	
   

  	
  07103

  
	
  315

  	
   

  	
  4901 BERGENLINE

  	
   

  	
  49TH ST

  	
   

  	
  WEST NEW YORK

  	
   

  	
  NEW JERSEY

  	
   

  	
  07093

  
	
  340

  	
   

  	
  360 ESSEX STREET

  	
   

  	
  PROSPECT AVE

  	
   

  	
  HACKENSACK

  	
   

  	
  NEW JERSEY

  	
   

  	
  07601

  
	
  343

  	
   

  	
  909 BROAD ST

  	
   

  	
  GREEN ST

  	
   

  	
  NEWARK

  	
   

  	
  NEW JERSEY

  	
   

  	
  07102

  
	
  363

  	
   

  	
  3196 KENNEDY BLVD

  	
   

  	
  32ND STREET

  	
   

  	
  UNION CITY

  	
   

  	
  NEW JERSEY

  	
   

  	
  07087

  
	
  446

  	
   

  	
  517-519 BROADWAY

  	
   

  	
  5TH ST

  	
   

  	
  BAYONNE

  	
   

  	
  NEW JERSEY

  	
   

  	
  07002

  
	
  161

  	
   

  	
  3915 MAIN ST

  	
   

  	
  ROOSEVELT AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11354

  
	
  163

  	
   

  	
  8101 BROADWAY

  	
   

  	
  PETTIT AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11373

  
	
  171

  	
   

  	
  4801 QUEENS BLVD

  	
   

  	
  48TH ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11375

  
	
  179

  	
   

  	
  5711 MYRTLE AVE

  	
   

  	
  SENECA AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11385

  

 

 

	
  187

  	
   

  	
  60-02 ROOSEVELT AVE

  	
   

  	
  WOODSIDE AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11377

  
	
  188

  	
   

  	
  93-01 SUTPHIN BLVD

  	
   

  	
  ARCHER AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11435

  
	
  198

  	
   

  	
  3730 JUNCTION BLVD

  	
   

  	
  OFF 37TH AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11373

  
	
  199

  	
   

  	
  107-16 CONTINENTAL AVE

  	
   

  	
  AUSTIN ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11375

  
	
  206

  	
   

  	
  116-02 BEACH CHANNEL
  DRIVE (ground lease only)

  	
   

  	
  ROCKAWAY FRWY

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11694

  
	
  251

  	
   

  	
  230-01 MERRICK BLVD

  	
   

  	
  FRANCIS LEWIS BLVD

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11413

  
	
  252

  	
   

  	
  160-04 JAMAICA AVE

  	
   

  	
  160TH ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11432

  
	
  255

  	
   

  	
  37-15 82ND ST

  	
   

  	
  37TH AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11372

  
	
  256

  	
   

  	
  249-46 HORACE HARDING

  	
   

  	
  MARATHON PKWY

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11362

  
	
  268

  	
   

  	
  24-28 BELL BLVD

  	
   

  	
  23RD AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11360

  
	
  271

  	
   

  	
  84-32 JAMAICA AVE

  	
   

  	
  FOREST PKWY

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11421

  
	
  314

  	
   

  	
  54-11 MYRTLE AVE

  	
   

  	
  WYCKOFF AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11385

  
	
  325

  	
   

  	
  2856-2860 STEINWAY ST

  	
   

  	
  28TH AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11103

  
	
  328

  	
   

  	
  115-02 LIBERTY AVE

  	
   

  	
  116TH ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11419

  
	
  332

  	
   

  	
  51-02 NORTHERN BLVD

  	
   

  	
  51ST ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11377

  
	
  337

  	
   

  	
  80-02 KEW GARDENS RD

  	
   

  	
  QUEENS BLVD/UNION TPK

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11415

  
	
  355

  	
   

  	
  161-21 JAMAICA AVE

  	
   

  	
  161ST ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11432

  
	
  357

  	
   

  	
  113-03 BEACH CHANNEL
  DRIVE

  	
   

  	
  ROCKAWAY FRWY

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11694

  
	
  360

  	
   

  	
  103-09 LIBERTY AVENUE

  	
   

  	
  103RD STREET

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11417

  
	
  449

  	
   

  	
  73-01 37TH AVE

  	
   

  	
  73RD STREET

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11372

  
	
  454

  	
   

  	
  156-44 NORTHERN BLVD

  	
   

  	
  ROOSEVELT AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11354

  
	
  463

  	
   

  	
  42-28 MAIN ST

  	
   

  	
  SANFORD AVE

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11351

  
	
  466

  	
   

  	
  66-56 GRAND AVE

  	
   

  	
  66TH ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11378

  
	
  473

  	
   

  	
  257-09 UNION TPKE

  	
   

  	
  257TH ST

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11004

  
	
  475

  	
   

  	
  198-15 HORACE HARDING
  EXPY

  	
   

  	
  FRANCIS LEWIS BLVD

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11365

  
	
  477

  	
   

  	
  95-11 63RD DR

  	
   

  	
  QUEENS BLVD/ JUNCTION
  BLVD

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11374

  
	
  300

  	
   

  	
  80-30 JAMAICA AVE

  	
   

  	
  WOODHAVEN BLVD

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11421

  
	
  299

  	
   

  	
  52 ROCKLAND PLAZA

  	
   

  	
  N MIDDLETON RD

  	
   

  	
  ROCKLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10954

  
	
  207

  	
   

  	
  4363 AMBOY ROAD

  	
   

  	
  ROBINSON AVE

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10312

  
	
  278

  	
   

  	
  1795 VICTORY BLVD

  	
   

  	
  MANOR RD

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10314

  
	
  279

  	
   

  	
  3283 RICHMOND AVE

  	
   

  	
  ARTHUR KILL RD

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10314

  
	
  280

  	
   

  	
  630 FOREST AVE

  	
   

  	
  REGAN AVE

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10310

  
	
  302

  	
   

  	
  1010 ROSSVILLE AVE

  	
   

  	
  WOODROW RD

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10309

  

 

 

	
  334

  	
   

  	
  2107 RICHMOND ROAD

  	
   

  	
  LINCOLN AVENUE

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10306

  
	
  336

  	
   

  	
  2145 HYLAN BLVD

  	
   

  	
  MIDLAND AVE

  	
   

  	
  STATEN ISLAND

  	
   

  	
  MEW YORK

  	
   

  	
  10306

  
	
  352

  	
   

  	
  31-55 AMBOY RD

  	
   

  	
  CLARKE AVE

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10306

  
	
  455

  	
   

  	
  2456 RICHMOND AVE

  	
   

  	
  RICHMOND HILL ROAD

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10314

  
	
  479

  	
   

  	
  1480 FOREST AVE

  	
   

  	
  MORNINGSTAR RD

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
  10302

  
	
  257

  	
   

  	
  1320-48 STONY BROOK RD

  	
   

  	
  NESCONSET HWY

  	
   

  	
  SUFFOLK

  	
   

  	
  NEW YORK

  	
   

  	
  11790

  
	
  456

  	
   

  	
  1851 SUNRISE HWY

  	
   

  	
  BRENTWOOD RD

  	
   

  	
  SUFFOLK

  	
   

  	
  NEW YORK

  	
   

  	
  11706

  
	
  460

  	
   

  	
  380 W SUNRISE HWY

  	
   

  	
  WAVERLY AVE

  	
   

  	
  SUFFOLK

  	
   

  	
  NEW YORK

  	
   

  	
  11772

  
	
  204

  	
   

  	
  678 MCLEAN AVE

  	
   

  	
  LONG MEADOW RD

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10704

  
	
  205

  	
   

  	
  42 W BROAD ST

  	
   

  	
  FLEETWOOD AVE

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10552

  
	
  273

  	
   

  	
  875 MCLEAN AVE

  	
   

  	
  HARDING AVE

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10704

  
	
  274

  	
   

  	
  1 N CENTRAL AVE

  	
   

  	
  W HARTSDALE AVE

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10530

  
	
  448

  	
   

  	
  100 MAMARONECK AVE

  	
   

  	
  QUARROPAS ST

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10601

  
	
  453

  	
   

  	
  421 BOSTON POST RD

  	
   

  	
  HIGH ST

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10573

  
	
  461

  	
   

  	
  2568 CENTRAL PARK AVE

  	
   

  	
  FORT HILL AVE

  	
   

  	
  WESTCHESTER

  	
   

  	
  NEW YORK

  	
   

  	
  10710

  
	
  920(1)

  	
   

  	
  50-02 55TH
  AVE

  	
   

  	
   

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
  11378

  
	
  926

  	
   

  	
  22-20 91ST
  STREET

  	
   

  	
   

  	
   

  	
  NORTH BERGEN

  	
   

  	
  NEW JERSEY

  	
   

  	
  07047

  
	
  270R

  	
   

  	
  188-192 DYCKMAN STREET

  	
   

  	
   

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  297

  	
   

  	
  900 8TH
  AVENUE

  	
   

  	
   

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  326

  	
   

  	
  1213 CLOVE ROAD

  	
   

  	
   

  	
   

  	
  STATEN ISLAND

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  333

  	
   

  	
  153-01 JAMAICA AVENUE

  	
   

  	
   

  	
   

  	
  JAMAICA

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  353

  	
   

  	
  1265 BOSTON POST ROAD

  	
   

  	
   

  	
   

  	
  LARCHMONT

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  358

  	
   

  	
  204-19 HILLSIDE AVENUE

  	
   

  	
   

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  359

  	
   

  	
  180-202 MCLEAN AVENUE

  	
   

  	
   

  	
   

  	
  YONKERS

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  362

  	
   

  	
  2-6 MIDLAND AVENUE

  	
   

  	
   

  	
   

  	
  NYACK

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  364

  	
   

  	
  178-20 HILLSIDE AVENUE

  	
   

  	
   

  	
   

  	
  QUEENS

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  369

  	
   

  	
  1490 MADISON AVENUE

  	
   

  	
   

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  371

  	
   

  	
  1650 GRAND CONCOURSE

  	
   

  	
   

  	
   

  	
  BRONX

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  524

  	
   

  	
  1627 BROADWAY

  	
   

  	
   

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
   

  
	
  TBD

  	
   

  	
  250 WEST 57TH
  STREET

  	
   

  	
   

  	
   

  	
  MANHATTAN

  	
   

  	
  NEW YORK

  	
   

  	
   

  

 

(1)                                  Duane
Reade has been notified that approximately 94,000 sq. feet of the total plot of
590,000 sq. ft. may be subject to a condemnation proceeding by the NY Fire
Department.  The entire affected area is
the parking lot (not the building). 
These proceedings are not actively being pursued by the NY Fire
Department at this time (and nothing has happened for over two years), but
there can be no assurance as to the outcome of this proceeding if it is ever
instituted.  Duane Reade will be able to
find alternate warehouse space, if necessary.

 

* includes 02/23/04
acquisition of Mayfair Chemists, located at 21 7th Avenue & 12th
Street.

 

 

SCHEDULE
3.06

 

DISCLOSED
MATTERS

 

1.              Duane Reade Inc., Securities
Litigation, U.S.D.C.  S.D.N.Y. Case No.
1:02 CV 6478 (NRB).  Class action suits
on behalf of shareholders who purchased common stock between April 1, 2002 and
July 24, 2002, inclusive, alleging violation of federal securities laws.  The complaint alleges that Duane Reade Inc.
violated the federal securities laws by issuing materially false and misleading
statements during the class period.  On
December 1, 2003, the district judge granted Duane Reade Inc.’s motion to
dismiss the plaintiffs’ action, with prejudice. 
The plaintiffs have appealed the decision.

 

2.              Ansoumana
v. Gristedes, U.S.D.C.  S.D.N.Y.
Case No. 00-CV-0253 (ADH)(DFE).  Duane
Reade Inc. is a defendant in a class action suit regarding alleged violations
of the Fair Labor Standards Act as to a group of individuals who provided
delivery services on a contract basis to Duane Reade Inc.  In December 2002, the judge in the action
issued a partial summary judgment in favor of a subclass of the plaintiffs and
against Duane Reade Inc.  In December
2003, Duane Reade settled the issue of the amount of liability to the
plaintiffs without any admission of wrongdoing and in an amount consistent with
Duane Reade’s previously established reserves. 
The amount of attorney’s fees owed to the plaintiffs’ attorneys remains
an open issue in the case.

 

3.              Disabled
in Action of Metropolitan New York, Inc. v. Duane Reade, U.S.D.C.
S.D.N.Y. Case No. 01-CV-4692 (WHP). 
Duane Reade Inc. is the defendant in a suit for alleged violations of
the Americans with Disabilities Act (“ADA”). 
Settlement discussions are active. 
However, it is likely at this stage that a portion of the case will be
litigated as the parties have been unable to reach agreement as the
requirements of the ADA with respect to two issues.

 

4.              Cardinal Health Litigation.  Duane Reade Inc. is involved in an ongoing
dispute with Cardinal Health, a former supplier of pharmaceutical
products.  Both parties have claims
against the other involving, among other claims, breach of contract, promissory
estoppel and unjust enrichment.  Duane
Reade Inc. is seeking from Cardinal an unspecified amount of damages and
punitive damages of at least $20 million. 
Cardinal is seeking approximately $18 million in damages plus attorney’s
fees and interest.  Non-party discovery
in the case has concluded and it is expected to go to trial some time in late
2004 or 2005.

 

5.              Irving Kroop, et al. v. Duane Reade, NY, NY et al., 00 Civ. 9841 et al.  Trustees of several union benefit
funds have brought suit alleging that Duane Reade Inc. did not make certain
required contributions to these funds from January 2000 through August
2001.  The plaintiffs have recently filed
a motion seeking summary judgment of $2.29 million of claims for alleged
understanding and related penalties and interest.  In addition, at various times, the plaintiffs
have stated that they believe Duane Reade Inc. may owe additional amounts.  However, any additional amounts that the
plaintiffs may claim are not known at this time.  Duane Reade has filed a motion opposing these
claims.

 

 

6.              Allied Trades Council Dispute.  Duane Reade Inc. is party to an NLRB administrative
proceeding regarding a dispute with the Allied Trades Council over whether a
negotiating impasse was reached between Duane Reade Inc. and the union in
2001.  The Allied Trades Council
represents employees in 139 Duane Reade stores and was party to a collective
bargaining agreement that had an expiration date of August 31, 2001.  The bargaining over a new term for the
collective bargaining agreement was not successful, and upon declaring impasses
at different times, the company unilaterally made changes in certain terms and
conditions of employment.  On February
18, 2004, an administrative law judge (ALJ) who had reviewed various matters
related to this proceeding issued a decision and related recommendations, which
concluded that the parties were not at impasse. 
The remedies recommended by the ALJ included, among other things, a
requirement that Duane Reade Inc. make its employees whole by reimbursing them
for expenses ensuing from the company’s failure to make contributions to
certain union funds and to make such funds whole, plus interest.  If this recommendation is adopted by the full
NLRB and enforced by a circuit court of appeals, it could result in Duane Reade
Inc. being required to contribute amounts that have yet to be determined into
the union’s pension benefit, health and welfare and vacation funds.  Any potential required contributions
resulting from a final judicial determination of this matter would potentially
be subject to offset by a portion of the amounts that Duane Reade Inc. had paid
for similar benefits provided to employees represented by the Allied Trades
Council.  Because this is just the first
phase of a long and complicated administrative process likely to be followed by
a judicial review of the NLRB findings, the final outcome cannot be reliably
determined at this time.  The ALJ’s
recommendation is not a binding order and has no force and effect of law.  Rather, it is a recommendation to the full
NLRB in Washington, D.C., which will conduct a review at some point in the future
and decide to uphold, reject or modify the recommendation.  The full NLRB decision is also subject to
judicial review by a circuit court of appeals and a compliance hearing before
any financial remedy can be determined with specificity.  Duane Reade Inc. recorded a pre-tax charge of
$12.6 million for the year ended December 27, 2003 and an additional pre-tax
charge of $1.1 million in the quarter ended March 27, 2004.  These charges represent Duane Reade Inc.’s current
best estimate of the loss that would result upon application of the ALJ’s
recommendation.  Duane Reade Inc. notes
that such charge is based upon the facts available to it at the time and such
charges could be subject to significant modification in the future, upon review
by the full NLRB, the Federal Circuit of Appeals and completion of a compliance
hearing and any appeals relating to the outcome of that hearing.  These charges reflect the amount of
contributions that Duane Reade Inc. did not make into the vacation benefit
funds for the period from July 1, 2001 through March 27, 2004, and the amount
of contributions that Duane Reade Inc. did not make into the pension and health
and welfare funds from the August 31, 2001 expiration of the contract through
March 27, 2004, with the combined amounts reduced by a portion of the benefits
Duane Reade Inc. paid directly to or for the benefit of these employees over
the same periods.  They also include an
interest cost for these net contributions from the date they would have been
paid until March 27, 2004.

 

7.              Litigation Relating to the Rex
Transaction.  Duane Reade Inc. is aware
of six purported class action complaints challenging the Rex Transaction that
have been filed in the Court of Chancery of the State of Delaware (the “Delaware
Complaints”), and three purported

 

 

class action complaints
that have been filed in the Supreme Court of the State of New York (the “New York
Complaints”).  Two of the New York
Complaints have been voluntarily dismissed without prejudice.  Both the Delaware Complaints and the New York
Complaints named Mr. Anthony Cuti and certain other members of the board of
directors of Duane Reade Inc., certain executive officers and Duane Reade Inc.
as defendants.  Four of the Delaware
Complaints name Oak Hill Capital Partners, L.P. as a defendant.  One of the dismissed New York Complaints
named Oak Hill Capital Partners, L.P. as a defendant.  The Delaware Complaints were consolidated on
January 28, 2004, and on April 8, 2004 the plaintiffs in the Delaware actions
filed a consolidated class action complaint. 
The consolidated complaint alleges that defendants failed to disclose
material information in the preliminary proxy statement, which was filed with
the SEC on March 19, 2004.

 

Plaintiffs
seek, among other things, an order that the complaints are properly
maintainable as a class action, a declaration that defendants have breached
their fiduciary duties and other duties, injunctive relief, an unspecified
amount of monetary damages, attorneys’ fees, costs and expenses and any such other
and further relief as the court may deem just and proper.  Duane Reade Inc. has received a letter, dated
June 14, 2004, from co-lead counsel for the plaintiffs in the stockholder
litigation relating to the transaction expressing “substantial concern” over
Oak Hill’s proposal, which was announced in a press release on June 14, 2004,
to reduce the per share price set forth in the original merger agreement from
$17.00 to $16.00.

 

ENVIRONMENTAL

 

None.

 

MATERIAL
ACTIONS

 

None.

 

 

SCHEDULE
3.09

 

TAXES

 

	
  Loan Party

  	
   

  	
  Description

  	
   

  	
  Taxing

  Jurisdiction

  
	
  Duane Reade Inc.

  	
   

  	
  Audit of NYS Franchise
  Tax Returns of Duane Reade Inc. for the years ending 12/27/97, 12/25/99 and
  12/30/00

  	
   

  	
  New York State
  Department of Taxation and Finance

  

 

Recent New York State tax
rulings may require Duane Reade Inc. to provide reserves for periods prior to
2003.  However, such reserves are not
expected to exceed $5.0 million or to have any short term cash flow impact due
to applicable prior period carry forward losses.

 

On July 14, 2004, the
Company settled this audit in the amount of $142,478, including additional
taxes of $113,950 attributable to the reallocation of subsidiary capital and
$28,528 of accumulated interest. The Company also agreed to relinquish $5.0
million of the existing Net Operating Loss (NOL) carryforward. Although these
years technically remain open until the associated NOL’s are entirely consumed,
it is unlikely that New York State, having agreed to the audit settlement, will
revisit these periods.

 

 

SCHEDULE
3.12

 

SUBSIDIARIES

 

Duane Reade Inc., the
consolidated parent company, maintains a 100% ownership interest in DRI I Inc.,
Duane Reade Realty, Inc. and Duane Reade International, Inc. Duane Reade Inc.
also has a 99% ownership interest in Duane Reade, a New York General
Partnership.  The remaining 1% interest
in the Duane Reade General Partnership is owned by DRI I Inc.  After closing of the Rex Transaction, Duane
Reade Holdings, Inc. will have a 100% ownership interest in Duane Reade Inc.

 

 

SCHEDULE
3.13

 

INSURANCE

 

Insurance
Maintained By or on Behalf of Loan Parties and Subsidiaries

 

	
  Coverage

  	
   

  	
  Insurance

  Provider

  	
   

  	
  Policy Number

  	
   

  	
  Coverage

  Limit

  	
   

  	
  Current

  Insurance

  Premium

  	
   

  	
  Policy

  Period

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  NY Workers Comp

  	
   

  	
  The State Ins.
  Fund

  	
   

  	
  G 1051 293-7

  	
   

  	
  Fixed Dollar

  	
   

  	
  $

  	
  1,550,504

  	
   

  	
  3/1/04 – 2/28/05

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  NJ Workers Comp

  	
   

  	
  AIG/Granite
  State Ins. Co.

  	
   

  	
  WC 00816625900

  	
   

  	
  Fixed Dollar

  	
   

  	
  $

  	
  56,483

  	
   

  	
  8/1/03 – 7/31/04

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Property/Boiler

  	
   

  	
  FM Global /
  Commonwealth

  	
   

  	
  Various Layers

  	
   

  	
  $150 Million -
  $500,000 SIR

  	
   

  	
  $

  	
  1,497,500

  	
   

  	
  10/1/03 –
  9/30/04

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Auto

  	
   

  	
  Zurich

  	
   

  	
  BAP 2984069-03

  	
   

  	
  G/L & Coll.
  - $100,000 SIR

  	
   

  	
  $

  	
  240,678

  	
   

  	
  10/1/03 –
  9/30/04

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Umbrella

  	
   

  	
  National Union /
  Gtr.  Amer. / St. Paul

  	
   

  	
  AIG – BE 2977853

  

  Gtr. Amer. – TUE 3567566 04

  

  St. Paul – Q1 01090008660

  	
   

  	
  $100 Million -
  $10,000 SIR

  	
   

  	
  $

  	
  1,125,000

  	
   

  	
  10/1/03 –
  9/30/04

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  D&O

  	
   

  	
  National Union
  Fire / Axis / Ace

  	
   

  	
  AIG – 214-54-14

  

  Axis – ANN 0054

  

  Ace – DOX G21658236001

  	
   

  	
  $50 Million -
  $2,500,000 SIR

  	
   

  	
  $

  	
  1,304,800

  	
   

  	
  5/9/04 – 8/9/04

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Crime

  	
   

  	
  Nat’l Union

  	
   

  	
  360-77-62

  	
   

  	
  $1 Million -
  $50,000 SIR

  	
   

  	
  $

  	
  10,067

  	
   

  	
  10/1/03 –
  9/30/04

  

 

 

	
  Coverage

  	
   

  	
  Insurance

  Provider

  	
   

  	
  Policy Number

  	
   

  	
  Coverage

  Limit

  	
   

  	
  Current

  Insurance

  Premium

  	
   

  	
  Policy

  Period

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  General Liability

  	
   

  	
  Zurich

  	
   

  	
  GLO 2984070-03

  	
   

  	
  $15 Million -
  $250,000 SIR/CLAIM

  	
   

  	
  $

  	
  879,315

  	
   

  	
  10/1/03 –
  9/30/04

  
												

 

SIR = Self Insured
Retention

 

 

SCHEDULE 3.14

 

LABOR MATTERS

 

Reference is made to item
6 of Schedule 3.06.

 

 

SCHEDULE 3.16(B)

 

FEDERAL RESERVE REGULATIONS

 

A portion of the proceeds
of the Loans may be used to repay indebtedness under the Convertible Indenture.

 

 

SCHEDULE
6.01

 

INDEBTEDNESS

 

Duane Reade 2.1478%
Senior Convertible Notes due 2022 in the outstanding amount of $201,031,887.

 

Capital Lease between
Duane Reade Inc. and IBM Credit Corporation, dated March 22, 2002.

 

 

SCHEDULE 6.02

 

LIENS

 

Record of UCC Filings Found in Each Search:

 

	
  Filing

  	
   

  	
  Secured Party

  Name

  	
   

  	
  Debtor Name

  	
   

  	
  Filing

  Jurisdiction

  	
   

  	
  Record

  Date

  	
   

  	
  File #

  	
   

  	
  Related

  UCC-1 File #

  	
   

  	
  Description

  
	
  UCC1

  	
   

  	
  Matrix Funding Corporation

  	
   

  	
  Rock Bottom Stores, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  07/07/97

  	
   

  	
  139656

  	
   

  	
  —

  	
   

  	
  IBM Point of Sale equipment-Funding Agreement 10/14/96

  
	
  UCC3

  	
   

  	
  Matrix Funding Corporation

  	
   

  	
  Rock Bottom Stores, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  11/24/97

  	
   

  	
  242625

  	
   

  	
  139656

  	
   

  	
  Amendment- original property description deleted & new description
  of IBM Sale Equip. added

  
	
  UCC3

  	
   

  	
  Matrix Funding Corporation

  	
   

  	
  Rock Bottom Stores, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  11/26/97

  	
   

  	
  244505

  	
   

  	
  139656

  	
   

  	
  Assignment to Lyon Credit Corporation

  
	
  UCC3

  	
   

  	
  Lyon Credit Corporation

  	
   

  	
  Rock Bottom Stores, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  04/24/00

  	
   

  	
  081081

  	
   

  	
  139656

  	
   

  	
  Assignment to Hudson United Bank

  
	
  UCC3

  	
   

  	
  Hudson United Bank

  	
   

  	
  Rock Bottom Stores, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/11/00

  	
   

  	
  093800

  	
   

  	
  139656

  	
   

  	
  Amendment—Debtor name change to: Duane Reade, Inc.

  
	
  UCC3

  	
   

  	
  Hudson United Bank

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  04/03/02

  	
   

  	
  076643

  	
   

  	
  139656

  	
   

  	
  Continuation

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  05/14/99

  	
   

  	
  096353

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #39998

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/23/99

  	
   

  	
  147577

  	
   

  	
  096353

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers Master Lease #37625 Sched. #39997

  

 

 

	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  05/14/99

  	
   

  	
  096355

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #39997

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  09/02/99

  	
   

  	
  177583

  	
   

  	
  096355

  	
   

  	
  Amendment-no change to collateral. 
  Addition of new serial numbers Master Lease #37625, Sched. #39997

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  05/17/99

  	
   

  	
  097434

  	
   

  	
  —

  	
   

  	
  Equipment—Lease #40045

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/01/99

  	
   

  	
  131468

  	
   

  	
  —

  	
   

  	
  Equipment—Lease #40169

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/01/99

  	
   

  	
  131470

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #40168

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  08/12/99

  	
   

  	
  162511

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #40279

  
	
  UCC1

  	
   

  	
  El Camino Resources, Ltd.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  09/03/99

  	
   

  	
  178286

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #4045, Schedule #001

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  11/03/99

  	
   

  	
  222085

  	
   

  	
  —

  	
   

  	
  Equipment—RVA#3428

  
	
  UCC3

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/25/00

  	
   

  	
  144827

  	
   

  	
  231476

  	
   

  	
  Assignment to: The Chase Manhattan Bank

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  11/16/99

  	
   

  	
  231481

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC3

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/25/00

  	
   

  	
  144840

  	
   

  	
  231481

  	
   

  	
  Assignment to: The Chase Manhattan Bank

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  12/28/99

  	
   

  	
  260226

  	
   

  	
  —

  	
   

  	
  Equipment-all replacement parts, accessions & subsititutions
  #C0885003

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  12/28/99

  	
   

  	
  260230

  	
   

  	
  —

  	
   

  	
  Equipment-all replacement parts, accessions & subsititutions
  #C0885004

  

 

 

	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  01/05/00

  	
   

  	
  002803

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  01/05/00

  	
   

  	
  003065

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/24/00

  	
   

  	
  037585

  	
   

  	
  —

  	
   

  	
  Equipment-all replacement parts, accessions & subsititutions
  #C0885005

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  04/27/00

  	
   

  	
  083598

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #40890

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  06/09/00

  	
   

  	
  114397

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #40960

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  06/28/00

  	
   

  	
  127069

  	
   

  	
  114397

  	
   

  	
  Amendment-no change to collateral. 
  Addition of new serial numbers Master Lease #37625 Sched. #40960

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/06/00

  	
   

  	
  131963

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/06/00

  	
   

  	
  131964

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  De Lage Landen Financial

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  07/28/00

  	
   

  	
  147798

  	
   

  	
  —

  	
   

  	
  Equipment—Contract #24350027

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  08/10/00

  	
   

  	
  156271

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #41135

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  09/08/00

  	
   

  	
  174691

  	
   

  	
  156271

  	
   

  	
  Amendment-no change to collateral. 
  Addition of new serial numbers Master Lease #37625 Sched. #41135

  

 

 

	
  UCC1

  	
   

  	
  IBM Credit Corporation

  	
   

  	
  Duane Reade Inc

  	
   

  	
  NY SoS

  	
   

  	
  12/27/00

  	
   

  	
  247750

  	
   

  	
  —

  	
   

  	
  All computer, information processing equipment—Supplement #914477
  12/01/00

  
	
  UCC1

  	
   

  	
  IBM Credit Corporation

  	
   

  	
  Duane Reade Inc

  	
   

  	
  NY SoS

  	
   

  	
  01/25/01

  	
   

  	
  018314

  	
   

  	
  —

  	
   

  	
  All computer, information processing equipment—Supplement #909186
  11/21/00

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/06/01

  	
   

  	
  025690

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #41597

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  04/13/01

  	
   

  	
  072541

  	
   

  	
  025690

  	
   

  	
  Amendment-No change in collateral. New Serial Numbers added.

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/06/01

  	
   

  	
  025692

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #41598

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032846

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032852

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 003

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032855

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 004

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032856

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 005

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032858

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 006

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032861

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 007

  

 

 

	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032863

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 008

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032864

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 009

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032865

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 010

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032867

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 011

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee—CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032868

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 012

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee-CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032869

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 014

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee-CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032870

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 016

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee-CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032872

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 017

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee-CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032873

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 018

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee-CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032874

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 019

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc. (Assignee-CIT)

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  02/15/01

  	
   

  	
  032875

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #1409-10 Schedule 020

  
	
  UCC1

  	
   

  	
  Crown Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  03/08/01

  	
   

  	
  045904

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Crown Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  04/06/01

  	
   

  	
  067100

  	
   

  	
  —

  	
   

  	
  Crown Lift Truck

  

 

 

	
  UCC1

  	
   

  	
  IBM Credit Corporation

  	
   

  	
  Duane Reade Inc

  	
   

  	
  NY SoS

  	
   

  	
  04/25/01

  	
   

  	
  080587

  	
   

  	
  —

  	
   

  	
  All computer, information processing equipment—Supplement #955641
  03/27/01

  
	
  UCC1

  	
   

  	
  Imaging Financial Service, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/09/01

  	
   

  	
  090626

  	
   

  	
  —

  	
   

  	
  Kodak Picture Maker Units & accessories

  
	
  UCC1

  	
   

  	
  Colonial Pacific Leasing

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/24/01

  	
   

  	
  101763

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital camera module software, etc

  
	
  UCC1

  	
   

  	
  Colonial Pacific Leasing

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/24/01

  	
   

  	
  101764

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital camera module software, etc

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  01/04/02

  	
   

  	
  002620

  	
   

  	
  —

  	
   

  	
  Equipment—Master Lease #37625, Schedule #41650

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/25/02

  	
   

  	
  045582

  	
   

  	
  —

  	
   

  	
  Equipment-Film along with cash and noncash proceeds

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/25/02

  	
   

  	
  045726

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/25/02

  	
   

  	
  045753

  	
   

  	
  —

  	
   

  	
  Equipment-Film along with cash and noncash proceeds

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/27/02

  	
   

  	
  047365

  	
   

  	
  —

  	
   

  	
  Equipment-all replacement parts, accessions & subsititutions

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  03/18/02

  	
   

  	
  063337

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  
	
  UCC1

  	
   

  	
  General Electric Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  04/30/02

  	
   

  	
  099949

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  
	
  UCC1

  	
   

  	
  Tennant Financial Services

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/21/02

  	
   

  	
  117870

  	
   

  	
  —

  	
   

  	
  Tennant Model 8300 Sweeper/Scrubber

  
	
  UCC1

  	
   

  	
  General Electric Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/23/02

  	
   

  	
  119837

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  

 

 

	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  12/19/02

  	
   

  	
  200212192

  818827

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital minilabs

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/04/03

  	
   

  	
  200302040

  255667

  	
   

  	
  —

  	
   

  	
  Equipment-Printer along with cash and noncash proceeds

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/27/03

  	
   

  	
  200302270

  438954

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  10/30/03

  	
   

  	
  200310301

  793381

  	
   

  	
  20030227043

  8954

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/27/03

  	
   

  	
  200302270

  438978

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  02/27/03

  	
   

  	
  200302270

  438992

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  06/04/03

  	
   

  	
  200306041

  111991

  	
   

  	
  20030227043

  8992

  	
   

  	
  Amendment-No change in collateral Description.  Added film equipment

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  03/13/03

  	
   

  	
  200303130

  556553

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  03/18/03

  	
   

  	
  200303180

  592319

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  06/04/03

  	
   

  	
  200306041

  111977

  	
   

  	
  20030318059

  2319

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  04/17/03

  	
   

  	
  200304170

  834488

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  06/04/03

  	
   

  	
  200306041

  111941

  	
   

  	
  20030417083

  4488

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  

 

 

	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/03/03

  	
   

  	
  200307031

  274399

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/21/03

  	
   

  	
  200307211

  358547

  	
   

  	
  20030703127

  4399

  	
   

  	
  Amendment-no change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  07/23/03

  	
   

  	
  200307231

  369760

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC1

  	
   

  	
  Key Equipment Finance, a Division of Key Corporate Capital Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NY SoS

  	
   

  	
  07/25/03

  	
   

  	
  200307251

  378573

  	
   

  	
  —

  	
   

  	
  All right, title & interest in & to Master Flex Digital 1008

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  10/10/03

  	
   

  	
  200310101

  706158

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  11/10/03

  	
   

  	
  200311101

  834997

  	
   

  	
  20031010170

  6158

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  11/25/03

  	
   

  	
  200311251

  900189

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  12/01/03

  	
   

  	
  200312011

  917201

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  12/22/03

  	
   

  	
  200312222

  005291

  	
   

  	
  20031201191

  7201

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  12/10/03

  	
   

  	
  200312101

  956187

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  

 

 

	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Richmond County, NY

  	
   

  	
  02/25/00

  	
   

  	
  2000-510

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  02/26/02

  	
   

  	
  20896072

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  12/18/02

  	
   

  	
  21355677

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital minilabs

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  02/04/03

  	
   

  	
  21419546

  	
   

  	
  —

  	
   

  	
  Equipment-Printer along with cash and noncash proceeds

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  02/24/03

  	
   

  	
  21446733

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  09/03/03

  	
   

  	
  21446733

  	
   

  	
  21446733

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  12/01/03

  	
   

  	
  21907357

  	
   

  	
  —

  	
   

  	
  Fuji frontier mini lab

  

 

 

	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  12/26/03

  	
   

  	
  21907357

  	
   

  	
  21907357

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  04/15/99

  	
   

  	
  1900450

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  11/16/99

  	
   

  	
  1941416

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC3

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  07/25/00

  	
   

  	
  1941416

  	
   

  	
  1941416

  	
   

  	
  Assignment to: The Chase Manhattan Bank

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  11/16/99

  	
   

  	
  1941417

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC3

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  NJ Dept. of Treasury Commercial Recording

  	
   

  	
  07/25/00

  	
   

  	
  1941417

  	
   

  	
  1941417

  	
   

  	
  Assignment to: The Chase Manhattan Bank

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/24/00

  	
   

  	
  0011253

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds #C0885005

  

 

 

	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/11/01

  	
   

  	
  10670708

  	
   

  	
  —

  	
   

  	
  Crown Lift Truck

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/11/01

  	
   

  	
  10670757

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  GE Capital Colonial Pacific Leasing

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/19/01

  	
   

  	
  10734660

  	
   

  	
  —

  	
   

  	
  Masterflex digital 1008 photo processing machine

  
	
  UCC1

  	
   

  	
  GE Capital Colonial Pacific Leasing

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/20/01

  	
   

  	
  10762133

  	
   

  	
  —

  	
   

  	
  Masterflex digital 1008 photo processing machine

  
	
  UCC1

  	
   

  	
  GE Capital Colonial Pacific Leasing

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/01/01

  	
   

  	
  10841861

  	
   

  	
  —

  	
   

  	
  Masterflex digital 1008 photo processing machine

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  10/03/01

  	
   

  	
  11304208

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  DE SoS

  	
   

  	
  10/11/01

  	
   

  	
  11371603

  	
   

  	
  —

  	
   

  	
  Equipment-under lease # 42144

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  DE SoS

  	
   

  	
  10/11/01

  	
   

  	
  11372080

  	
   

  	
  —

  	
   

  	
  Equipment-under lease #42145

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  10/19/01

  	
   

  	
  11441240

  	
   

  	
  —

  	
   

  	
  Equipment-under lease #42188

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  11/05/01

  	
   

  	
  11606164

  	
   

  	
  —

  	
   

  	
  Crown Lift Truck

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  11/09/01

  	
   

  	
  11648554

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  

 

 

	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  11/09/01

  	
   

  	
  11648836

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  12/20/01

  	
   

  	
  20170781

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital minilab model

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  12/20/01

  	
   

  	
  20170815

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital minilab model

  
	
  UCC1

  	
   

  	
  Delphi Energy Fund, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/14/02

  	
   

  	
  20402168

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 028

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/20/02

  	
   

  	
  20444921

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 029

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/20/02

  	
   

  	
  20445142

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 030

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/20/02

  	
   

  	
  20445720

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 031

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/20/02

  	
   

  	
  20446454

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 033

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/20/02

  	
   

  	
  20446652

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 034

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/20/02

  	
   

  	
  20446868

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1409-10, Schedule 035

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/15/02

  	
   

  	
  20614358

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  
	
  UCC3

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/17/02

  	
   

  	
  21728595

  	
   

  	
  20614358

  	
   

  	
  Amendment—Debtor name change to: Duane Reade

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/25/02

  	
   

  	
  20680664

  	
   

  	
  —

  	
   

  	
  Equipment-Film Tools

  

 

 

	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/25/02

  	
   

  	
  20680714

  	
   

  	
  —

  	
   

  	
  Equipment-Film Tools

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  02/26/02

  	
   

  	
  20681365

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20702567

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 001

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20702781

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 002

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20703128

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 003

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20703458

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 004

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20703656

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 005

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20703755

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 006

  

 

 

	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20703904

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 007

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20704209

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 008

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20704530

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 009

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20704738

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 010

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20704944

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 011

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20705396

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 012

  
	
  UCC1

  	
   

  	
  Bank of the West

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/19/02

  	
   

  	
  20705644

  	
   

  	
  —

  	
   

  	
  Equipment, general intangibles—Master Lease Agreement 1423-10,
  Schedule 014

  

 

 

	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/18/02

  	
   

  	
  20886295

  	
   

  	
  —

  	
   

  	
  Gretag equipment

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21068869

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 001

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21068919

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 002

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21068976

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 003

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21069065

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 004

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21069115

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 005

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21069214

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 006

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21069354

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 007

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21069545

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 008

  
	
  UCC1

  	
   

  	
  Allen and Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  04/30/02

  	
   

  	
  21069701

  	
   

  	
  —

  	
   

  	
  Goods & equipment—Lease No. 1426-10, Schedule 009

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  05/15/02

  	
   

  	
  21219348

  	
   

  	
  —

  	
   

  	
  In Lieu filing

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  05/15/02

  	
   

  	
  21219587

  	
   

  	
  —

  	
   

  	
  In Lieu filing

  
	
  UCC1

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  05/08/02

  	
   

  	
  21336647

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule Nos.
  1-5

  

 

 

	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/12/02

  	
   

  	
  21440167

  	
   

  	
  21336647

  	
   

  	
  Partial assignment to Key Equipment Finance, a division of Key
  Corporate Capital Inc.—Master Lease Agreement No. 300327, Schedule No. 1

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/01/02

  	
   

  	
  21612948

  	
   

  	
  21336647

  	
   

  	
  Full assignment to Key Equipment Finance, a division of Key Corporate
  Capital Inc.—Master Lease Agreement No. 300327, Schedule No. 1

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/02/02

  	
   

  	
  21865611

  	
   

  	
  21336647

  	
   

  	
  Full assignment to Excel Bank—Master Lease Agreement No. 300327,
  Schedule No. 3

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/08/02

  	
   

  	
  21896780

  	
   

  	
  21336647

  	
   

  	
  Full assignment to Excel Bank—Master Lease Agreement No. 300327,
  Schedule No. 4

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/08/02

  	
   

  	
  21897176

  	
   

  	
  21336647

  	
   

  	
  Full assignment to BankChicago—Master Lease Agreement No. 300327,
  Schedule No. 2

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/08/02

  	
   

  	
  22060360

  	
   

  	
  21336647

  	
   

  	
  Full assignment to Excel Bank, N.A.—Master Lease Agreement No. 300327,
  Schedule No. 5

  
	
  UCC1

  	
   

  	
  IBM Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/03/02

  	
   

  	
  21637903

  	
   

  	
  —

  	
   

  	
  Equipment & software—IBM Credit Supplement #062946

  

 

 

	
  UCC1

  	
   

  	
  IBM Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/06/02

  	
   

  	
  21665698

  	
   

  	
  —

  	
   

  	
  Equipment & software—IBM Credit Supplement #026808

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/18/02

  	
   

  	
  21744154

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/18/02

  	
   

  	
  21744170

  	
   

  	
  —

  	
   

  	
  Crown Lift Truck

  
	
  UCC1

  	
   

  	
  The CIT Group/Equipment Financing, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/28/02

  	
   

  	
  21843535

  	
   

  	
  —

  	
   

  	
  Equipment-Energy Management Control Systems

  
	
  UCC1

  	
   

  	
  IBM Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/01/02

  	
   

  	
  21852924

  	
   

  	
  —

  	
   

  	
  Equipment & software—IBM Credit Supplement #092134

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/02/02

  	
   

  	
  21869225

  	
   

  	
  —

  	
   

  	
  Crown Lift Truck

  
	
  UCC1

  	
   

  	
  The CIT Group/Equipment Financing, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/27/02

  	
   

  	
  22216533

  	
   

  	
  —

  	
   

  	
  Equipment-Energy Management Control Systems

  
	
  UCC1

  	
   

  	
  Orix Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  10/10/02

  	
   

  	
  22657249

  	
   

  	
  —

  	
   

  	
  Equipment-under lease #42274

  
	
  UCC1

  	
   

  	
  The CIT Group/Equipment Financing, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  11/04/02

  	
   

  	
  22880783

  	
   

  	
  —

  	
   

  	
  Equipment-attachment not available

  
	
  UCC1

  	
   

  	
  IBM Credit LLC

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  01/07/03

  	
   

  	
  30215338

  	
   

  	
  —

  	
   

  	
  Equipment & software—IBM Credit LLC Supplement #141857

  
	
  UCC1

  	
   

  	
  The CIT Group/Equipment Financing, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  01/17/03

  	
   

  	
  30308745

  	
   

  	
  —

  	
   

  	
  Equipment-Energy Management Control Systems

  
	
  UCC1

  	
   

  	
  The CIT Group/Equipment Financing, Inc.

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  03/10/03

  	
   

  	
  30731409

  	
   

  	
  —

  	
   

  	
  Equipment-Schedule No.4 dd.12/11/02 to Master Lease Agrmt

  

 

 

	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/03/03

  	
   

  	
  31393209

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/11/03

  	
   

  	
  31474249

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 6

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/18/03

  	
   

  	
  31540585

  	
   

  	
  31474249

  	
   

  	
  Full Assignment to Excel Bank

  
	
  UCC1

  	
   

  	
  De Lage Landen Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  06/19/03

  	
   

  	
  31858938

  	
   

  	
  —

  	
   

  	
  Savin Equipment

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/24/03

  	
   

  	
  31903858

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 7

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  07/24/03

  	
   

  	
  31904062

  	
   

  	
  31903858

  	
   

  	
  Full Assignment to Sterling National Bank

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/20/03

  	
   

  	
  32165820

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 8

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/20/03

  	
   

  	
  32165861

  	
   

  	
  32165820

  	
   

  	
  Full Assignment to First Bank of Highland Park

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/25/03

  	
   

  	
  32202136

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 9

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  09/05/03

  	
   

  	
  32300906

  	
   

  	
  32202136

  	
   

  	
  Full Assignment to First Bank of Highland Park

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/25/03

  	
   

  	
  32202169

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 10

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  09/05/03

  	
   

  	
  32301029

  	
   

  	
  32202169

  	
   

  	
  Full Assignment to First Bank of Highland Park

  

 

 

	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  DE SoS

  	
   

  	
  08/26/03

  	
   

  	
  32207150

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  11/03/03

  	
   

  	
  32875196

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 11

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  11/03/03

  	
   

  	
  32875337

  	
   

  	
  32875196

  	
   

  	
  Full assignment to Excel Bank, N.A.

  
	
  UCC1

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  12/18/03

  	
   

  	
  33343459

  	
   

  	
  —

  	
   

  	
  All equipment under Master Lease Agreement No. 300327, Schedule No. 12

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  12/18/03

  	
   

  	
  33343947

  	
   

  	
  33343459

  	
   

  	
  Full assignment to American Enterprise Bank

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Nassau County, NY

  	
   

  	
  08/13/99

  	
   

  	
  UC 99013451

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 37625, lease schedule no. 40279

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Nassau County, NY

  	
   

  	
  12/03/99

  	
   

  	
  UC 99019499

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  Nassau County, NY

  	
   

  	
  12/03/99

  	
   

  	
  UC 99019501

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Nassau County, NY

  	
   

  	
  12/29/99

  	
   

  	
  UC 99020542

  	
   

  	
  —

  	
   

  	
  Equipment-all replacement parts, accessions & subsititutions
  #C0885003

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  12/09/99

  	
   

  	
  99 PQ20098

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  

 

 

	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  12/09/99

  	
   

  	
  99 PQ20099

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  01/05/00

  	
   

  	
  00 PQ00157

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  01/05/00

  	
   

  	
  00 PQ00158

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  03/07/00

  	
   

  	
  00 PQ03845

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  07/11/00

  	
   

  	
  00 PQ11229

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  07/11/00

  	
   

  	
  00 PQ11230

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  03/12/01

  	
   

  	
  01 PQ03982

  	
   

  	
  —

  	
   

  	
  Crown Lift Trucks

  
	
  UCC1

  	
   

  	
  Crown Credit Company

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  04/10/01

  	
   

  	
  01 PQ05814

  	
   

  	
  —

  	
   

  	
  Crown Lift Truck

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Kings County, NY

  	
   

  	
  11/19/99

  	
   

  	
  99 PK16826

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  

 

 

	
  UCC3

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  Kings County, NY

  	
   

  	
  07/27/00

  	
   

  	
  00 PK10146

  	
   

  	
  99 PK16826

  	
   

  	
  Assignment to: The Chase Manhattan Bank, as collateral agent

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  Kings County, NY

  	
   

  	
  11/19/99

  	
   

  	
  99 PK16827

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Kings County, NY

  	
   

  	
  12/29/99

  	
   

  	
  99 PK18851

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  Kings County, NY

  	
   

  	
  03/06/00

  	
   

  	
  00 PK02902

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Kings County, NY

  	
   

  	
  06/14/00

  	
   

  	
  00 PK08154

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 37625, lease schedule no. 40960

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Kings County, NY

  	
   

  	
  07/07/00

  	
   

  	
  00 PK09317

  	
   

  	
  00 PK08154

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  El Camino Resources, Ltd.

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  08/13/99

  	
   

  	
  99 PN43967

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 4045, Schedule no. 1

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  11/04/99

  	
   

  	
  99 PN59987

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  11/18/99

  	
   

  	
  99 PN62825

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  

 

 

	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  11/18/99

  	
   

  	
  99 PN62826

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  FINOVA Capital Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  01/03/00

  	
   

  	
  00 PN00107

  	
   

  	
  —

  	
   

  	
  Equipment-and all replacement parts, accessions & substitutions
  & all cash & noncash proceeds including insurance proceeds

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  04/28/00

  	
   

  	
  00 PN21919

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 37625, lease schedule no. 40890

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  07/20/00

  	
   

  	
  00 PN36022

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  Bergen Brunswig Drug Company, as Consignor

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  07/20/00

  	
   

  	
  00 PN36023

  	
   

  	
  —

  	
   

  	
  All prescription pharmaceutical products, insulin & syringes

  
	
  UCC1

  	
   

  	
  De Lage Landen Financial Services, Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  08/01/00

  	
   

  	
  00 PN38140

  	
   

  	
  —

  	
   

  	
  Toshiba copier systems

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  08/16/00

  	
   

  	
  00 PN41092

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 37625, lease schedule no. 41135

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade

  	
   

  	
  Queens County, NY

  	
   

  	
  09/22/00

  	
   

  	
  00 PN46937

  	
   

  	
  00 PN41092

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  

 

 

	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  02/08/01

  	
   

  	
  01 PN06340

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 37625, lease schedule no. 41597

  
	
  UCC3

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  04/24/01

  	
   

  	
  01 PN19601

  	
   

  	
  01 PN06340

  	
   

  	
  Amendment-No change to collateral. 
  Addition of new serial numbers.

  
	
  UCC1

  	
   

  	
  Orix USA Corporation

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  02/08/01

  	
   

  	
  01 PN06341

  	
   

  	
  —

  	
   

  	
  Equipment—Master lease no. 37625, lease schedule no. 41598

  
	
  UCC1

  	
   

  	
  Imaging Financial Services Inc.

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  05/21/01

  	
   

  	
  01 PN23359

  	
   

  	
  —

  	
   

  	
  3 Kodak picture maker units

  
	
  UCC1

  	
   

  	
  Colonial Pacific Leasing

  	
   

  	
  Duane Reade, Inc.

  	
   

  	
  Queens County, NY

  	
   

  	
  06/13/01

  	
   

  	
  01 PN28480

  	
   

  	
  —

  	
   

  	
  Gretag masterflex digital camera module software, etc.

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  12/18/03

  	
   

  	
  33343947

  	
   

  	
  33343459

  	
   

  	
  Full assignment to American Enterprise Bank

  
	
  UCC3

  	
   

  	
  Spectrum Medical Leasing, a division of IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  DE SoS

  	
   

  	
  12/18/03

  	
   

  	
  33343947

  	
   

  	
  33343459

  	
   

  	
  Full assignment to American Enterprise Bank

  
	
  UCC1

  	
   

  	
  Orix Financial Services Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  03/30/04

  	
   

  	
  200403305

  247791

  	
   

  	
   

  	
   

  	
  Equipment-Printer & all accessories, replacements, along with cash
  & non-cash proceeds

  
	
  UCC3

  	
   

  	
  Orix Financial Services Inc.

  	
   

  	
  Duane Reade

  	
   

  	
  NY SoS

  	
   

  	
  04/08/04

  	
   

  	
  200404085

  277523

  	
   

  	
   

  	
   

  	
  Amendment-restated Collateral Description by adding new serial numbers

  

 

 

	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/27/04

  	
   

  	
  200405275

  433818

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.15 to Master Lease Agrmt
  No.300327

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  528196

  	
   

  	
  20040527543

  3818

  	
   

  	
  Amendment-restated collateral description to amend all equip. covered
  under Master Lease No.300327 Lease Sched No.015

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/27/04

  	
   

  	
  200452754

  33844

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.13 to Master Lease Agrmt
  No.300327

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/27/04

  	
   

  	
  200405275

  434795

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.14 to Master Lease Agrmt
  No.300327

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  28211

  	
   

  	
  20040527543

  4795

  	
   

  	
  Amendment-restated collateral description to amend all equip. covered
  under Master Lease No.300327 Lease Sched No.014

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  05/27/04

  	
   

  	
  200405275

  434834

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.16 to Master Lease Agrmt
  No.300327

  
	
  UCC3

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  528184

  	
   

  	
  20040527543

  4834

  	
   

  	
  Amendment-restated collateral description to amend all equip. covered
  under Master Lease No.300327 Lease Sched No.016

  

 

 

	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  527877

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.16 to Master Lease Agrmt
  No.300327

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  527904

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.18 to Master Lease Agrmt
  No.300327

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SoS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  527954

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.19 to Master Lease Agrmt
  No.300327

  
	
  UCC1

  	
   

  	
  IFC Credit Corporation

  	
   

  	
  Duane Reade Inc.

  	
   

  	
  NY SOS

  	
   

  	
  06/25/04

  	
   

  	
  200406255

  528019

  	
   

  	
   

  	
   

  	
  Equipment-covered under Lease Schedule No.17 to Master Lease Agrmt
  No.300327

  

 

 

Record of Bankruptcies, Pending Suits & Judgements

 

	
  Participant

  Name

  	
   

  	
  Case Number

  	
   

  	
  Date Filed

  	
   

  	
  Plaintiff/Debtor

  Name

  	
   

  	
  Location

  
	
  Duane Reade

  	
   

  	
  12052/2001

  	
   

  	
  09/10/03

  	
   

  	
  Great Atlantic & Pacific Tea Co. Inc

  	
   

  	
  Supreme Court, Richmond County, New York

  
	
  Duane Reade

  	
   

  	
  814873-01

  	
   

  	
  09/02/03

  	
   

  	
  The City of New York Law Department

  	
   

  	
  Queens County, New York

  
	
  Duane Reade

  	
   

  	
  815198-01

  	
   

  	
  09/02/03

  	
   

  	
  The City of New York Law Department

  	
   

  	
  Queens County, New York

  
	
  Duane Reade

  	
   

  	
  808849-01

  	
   

  	
  09/25/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Queens County, New York

  
	
  Duane Reade

  	
   

  	
  001827734-01

  	
   

  	
  05/20/02

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Kings County, New York

  
	
  Duane Reade

  	
   

  	
  001856693-01

  	
   

  	
  08/30/02

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Kings County, New York

  
	
  Duane Reade

  	
   

  	
  001856691-01

  	
   

  	
  08/30/02

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Kings County, New York

  
	
  Duane Reade

  	
   

  	
  001905162-01

  	
   

  	
  02/10/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Kings County, New York

  
	
  Duane Reade

  	
   

  	
  001910263-01

  	
   

  	
  03/03/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Kings County, New York

  
	
  Duane Reade

  	
   

  	
  001920035-01

  	
   

  	
  03/31/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  Kings County, New York

  
	
  Duane Reade

  	
   

  	
  00-CV-253

  	
   

  	
  12/31/03

  	
   

  	
  Ansoumana, et al

  	
   

  	
  U.S. Southern District Court—New York City

  
	
  Duane Reade

  	
   

  	
  24848 1991

  	
   

  	
  09/27/91

  	
   

  	
  Johnny Seitz and Chris Rials-Seitz

  	
   

  	
  New York Supreme Court

  
	
  Duane Reade

  	
   

  	
  111150  2001

  	
   

  	
  06/04/01

  	
   

  	
  Ellen Kleinberg

  	
   

  	
  New York Supreme Court

  
	
  Duane Reade

  	
   

  	
  98-46468-ALG

  	
   

  	
  09/09/98

  	
   

  	
  The Pharmacy Fund, Inc. and Pharmacy Fund Receivables, Inc.

  	
   

  	
  U.S. Bankruptcy Court—Southern District of New York—Chapter 11
  Bankruptcy

  
	
  Duane Reade

  	
   

  	
  01-41432-AJG

  	
   

  	
  05/21/01

  	
   

  	
  Lechters N.Y.C., Inc., et al

  	
   

  	
  U.S. Bankruptcy Court—Southern District of New York—Chapter 11
  Bankruptcy

  
	
  Duane Reade

  	
   

  	
  001343156-01

  	
   

  	
  11/14/00

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001602751-01

  	
   

  	
  09/16/02

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001642240-01

  	
   

  	
  12/17/02

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001696245-01

  	
   

  	
  04/28/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001696246-01

  	
   

  	
  04/28/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001708856-01

  	
   

  	
  05/13/03

  	
   

  	
  Criminal Court of the City of New York

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001745201-01

  	
   

  	
  09/02/03

  	
   

  	
  The City of New York Law Department

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001745202-01

  	
   

  	
  09/02/03

  	
   

  	
  The City of New York Law Department

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001751583-01

  	
   

  	
  09/23/03

  	
   

  	
  Tishman Speyer Properties L.P.

  	
   

  	
  New  York County, New York

  
	
  Duane Reade

  	
   

  	
  001751583-02

  	
   

  	
  09/23/03

  	
   

  	
  Turner Construction Company

  	
   

  	
  New  York County, New York

  

 

 

SCHEDULE
6.04

 

INVESTMENTS

(as of the Closing Date)

 

Promissory
Note from DRI Investment Group, LLC in favor of Duane Reade Inc. in an amount
not to exceed $200,000.00.

 

	
  Entity

  	
   

  	
  Entity Holds Interests in the Following:

  
	
  Duane Reade Inc.

  	
   

  	
  1.

  	
  Investment in Arclight
  Systems LLC, a Delaware limited liability company pursuant to the Arclight
  Systems LLC Limited Liability Company Agreement, dated February 26, 2001

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  2.

  	
  Investment in Chain
  Drug Consortium LLC, a Delaware limited liability company pursuant to the Chain
  Drug Consortium Operating Agreement, dated August 1, 2000, as amended June 7,
  2003

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  3.

  	
  Partnership interest in
  Duane Reade

  

 

 

SCHEDULE
6.07

 

TRANSACTIONS
WITH AFFILIATES

 

	
  Loan Party

  	
   

  	
  Description

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Amended and Restated
  Employment Agreement dated August 12, 2002, with Anthony J. Cuti.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Executive Life Program
  Split Dollar Agreement between Anthony J. Cuti and Duane Reade, Inc., dated
  January 25, 2002.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Employment Letter,
  dated June 10, 1999, with John K. Henry .

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Employment Agreement,
  dated October 9, 1996, as amended, with Jerry M. Ray.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Employment Agreement,
  dated February 22, 1993, as amended, with Gary Charboneau.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Split Dollar Life
  Insurance Policies covering Messrs. Cuti, Charboneau, Henry & Ray.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Long-term cash target
  awards applicable to Messrs. Charboneau, Ray & Henry.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Employment Agreement,
  dated June 25, 2003, with Timothy R. LaBeau.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Consulting Agreement
  with Transportation Services International, an entity operated by Joseph
  Cuti.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Relationship with DRI
  Investment Group, LLC, as more fully described in the Company’s most recent
  Proxy Statement dated June 30, 2004.

  
	
   

  	
   

  	
   

  
	
  Duane Reade Acquisition
  Corp.

  	
   

  	
  Management Services
  Agreement, dated as of July 30, 2004, between Oak Hill Capital Management,
  Inc. and Duane Reade Acquisition Corp., as the same may be amended, modified
  or supplemented from time to time in accordance with the provisions thereof.*

  

 

*              Effective for
purposes of the schedule upon closing of the Rex Transaction.

 

 

	
  Duane Reade Holdings
  and Subsidiaries

  	
   

  	
  Tax Sharing Agreement,
  dated as of July 30, 2004, among Duane Reade Holdings, Inc. and its
  Subsidiaries as amended, restated or modified from time to time.*

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Stockholders and
  Registration Rights Agreement, dated as of July 30, 2004, between Duane Reade
  Holdings, Inc., Duane Reade Shareholders, LLC, and certain members of the
  management of Duane Reade Inc., as amended, restated or modified from time to
  time, and the transactions contemplated thereunder.*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Acquisition
  Corp.

  	
   

  	
  Employment Agreement,
  dated as of March 19, 2004, and amended on June 18, 2004, between Anthony J.
  Cuti and Duane Reade Acquisition Corp. and all transactions contemplated
  thereunder.*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Acquisition
  Corp.

  	
   

  	
  Employment Agreement,
  dated as of March 16, 2004, between Gary Charboneau and Duane Reade
  Acquisition Corp. and all transactions contemplated thereunder.*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Acquisition
  Corp.

  	
   

  	
  Employment Agreement,
  dated as of March 16, 2004, between Jerry Ray and Duane Reade Acquisition
  Corp. and all transactions and payments contemplated thereunder*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Acquisition
  Corp.

  	
   

  	
  Employment Agreement,
  dated as of March 16, 2004, between Timothy LaBeau and Duane Reade
  Acquisition Corp. and all transactions and payments contemplated thereunder*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Acquisition
  Corp

  	
   

  	
  Employment Agreement,
  dated as of March 16, 2004, between John K. Henry and Duane Reade Acquisition
  Corp. and all transactions and payments contemplated thereunder*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Holdings,
  Inc.

  	
   

  	
  The Duane Reade
  Holdings, Inc. 2004 Management Stock Option Plan*

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  option agreement under
  the Non-Qualified Stock Option Agreement (under the 2004 Management Stock
  Option Plan) to Anthony J. Cuti*

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  option agreement under
  the Non-Qualified Stock Option Agreement (under the 2004 Management Stock
  Option Plan) to Gary Charboneau*

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  option agreement under
  the Non-Qualified Stock Option Agreement (under the 2004 Management Stock
  Option Plan) to Jerry Ray*

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  option agreement under
  the Non-Qualified Stock Option Agreement (under the 2004 Management Stock
  Option Plan) to Timothy LaBeau*

  

 

*              Effective for
purposes of the schedule upon closing of the Rex Transaction.

 

 

	
   

  	
   

  	
  option agreement under
  the Non-Qualified Stock Option Agreement (under the 2004 Management Stock
  Option Plan) to John K. Henry*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Duane Reade Inc.
  Phantom Stock Plan*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Phantom Stock Award
  Agreement between Duane Reade Inc. and Gary Charboneau*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Phantom Stock Award
  Agreement between Duane Reade Inc. and John K. Henry*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Phantom Stock Award
  Agreement between Duane Reade Inc. and Timothy LaBeau*

  
	
   

  	
   

  	
   

  
	
  Duane Reade Inc.

  	
   

  	
  Phantom Stock Award
  Agreement between Duane Reade Inc. and Jerry Ray*

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Preemptive Rights
  Agreement, dated as July 30, 2004, by and among Oak Hill Capital Partners,
  L.P., Oak Hill Capital Management Partners, L.P., OHCP DR Co-Investors, LLC,
  Duane Reade Shareholders, LLC, Duane Reade Holdings, Inc., Duane Reade Inc.,
  Anthony J. Cuti and certain other members of the management of Duane Reade
  Inc. listed on Schedule 1 thereto*

  

 

*              Effective for purposes of the schedule upon closing of
the Rex Transaction.Exhibit 10.1

 

AMENDMENT NO. 1 TO
SUBLEASE AGREEMENT

 

This Amendment No. 1 to
Sublease Agreement (this “Amendment”) is made as of March 18, 2004
by and between SICOR INC., a Delaware corporation (“Sublandlord”) and
METABASIS THERAPEUTICS, INC., a Delaware corporation (“Subtenant”).

 

RECITALS

 

A.                                   Sublandlord
and Subtenant are parties to that certain Sublease Agreement dated as of September 1,
2000 (the “Sublease”) covering certain premises (the “Sublease
Premises”) located at 9390 Towne Centre Drive, San Diego, California 92121,
as more particularly described in the Sublease. 
All defined terms used in this Amendment, unless otherwise indicated
herein, shall have the meanings ascribed to them in the Sublease.

 

B.                                     The
Sublease Premises consist of approximately Thirty-Nine Thousand Five Hundred
(39,500) rentable square feet of space in the Building (the “Existing
Premises”), as more particularly described in the Sublease.  Subtenant desires to expand into
approximately Seven Hundred (700) rentable square feet of additional
space located on the third floor of the eastern portion of the Building (the “Expansion
Space”), as more particularly described in Exhibit A attached
hereto.

 

C.                                     Sublandlord
and Subtenant wish to hereby modify certain terms and provisions under the
Sublease and are executing this Agreement to effectuate the modification of the
same.

 

AGREEMENT

 

NOW,
THEREFORE, in consideration of the foregoing Recitals, the mutual covenants
hereafter set forth, and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

 

1.                                       Amendment
to Sublease.  All terms defined in
the Recitals of this Amendment are hereby incorporated into the Sublease by
this reference.  Effective as of the date
hereof, the Sublease is hereby amended as follows:

 

a.                                       Increase
in Sublease Premises.  Effective as
of the Expansion Space Commencement Date (defined below), the Sublease Premises
are hereby increased by, and except as otherwise provided herein, all references
in the Sublease to the Sublease Premises shall include the Expansion Space,
which Sublease Premises shall be deemed by the parties to equal approximately Forty
Thousand Two Hundred (40,200) rentable square feet.  The parties stipulate that the square footage
of the Expansion Space shall be as specified in Recital B above.

 

b.                                      Condition
of Expansion Space.  Subtenant
acknowledges that (i) it is subleasing the Expansion Space in its “as-is,”
unfurnished condition, (ii) Sublandlord is not making any representation or
warranty concerning the condition of the Expansion Space, and
(iii) Sublandlord is not obligated to perform any work to prepare the
Expansion Space for Subtenant’s occupancy other than to deliver the same in
broom-clean condition, or to provide

 

1

 

any tenant improvement
allowance to Subtenant for alterations or improvements to the Expansion
Space.  In connection therewith, Sections
4(g) and 23 of the Sublease shall not apply to the Expansion Space.

 

c.                                       Term
for Sublease Initial Expansion Space Term. 
Section 2(a) of the Sublease is hereby amended to provide that the
term of the Sublease for the Expansion Space (the “Expansion Space Term”)
shall commence on the later of (i) April 1, 2004, and (ii) occupancy of
the Expansion Space by Subtenant for purposes of commencing operations (the “Expansion
Space Commencement Date”), and shall end on the date which is three (3)
months following the Expansion Space Commencement Date (the “Expansion Space
Expiration Date”).

 

(ii)                                  Month-to
Month Extension.  If neither party
gives written notice of termination of the Sublease as to the Expansion Space
at least thirty (30) days prior to the Expansion Space Expiration Date, the
Expansion Space Term shall be automatically extended for an additional period
of thirty (30) days (“Extension Period”).  In the absence of thirty (30) days written
notice of termination by either party following any such initial extension of
the Expansion Space Term, such automatic extension of the Expansion Space Term
by the Extension Period shall continue on a month-to-month basis
thereafter.  Notwithstanding any renewals
of the Expansion Space Term as provided in this Amendment, in no event (A)
shall such automatic month-to-month extension apply to the Existing Premises,
which extension shall be limited solely to the Expansion Space, or (B) shall
the Expansion Space Expiration Date extend beyond the Sublease Expiration Date
for the Existing Premises.

 

(iii)                               References
to Sublease Term.  All references in
the Sublease to the Term shall be deemed to include the Expansion Space Term,
as the same may be extended; provided, however, the references to
the Term in Sections 4(b), 7 and 15(b) of the Sublease shall refer solely to
the term of the Sublease with respect to the Existing Premises.

 

d.                                      Base
Rental.  Section 4(a) of the
Sublease is hereby amended to provide that, beginning as of the Expansion Space
Commencement Date, and thereafter during the Expansion Space Term,  (i) Subtenant shall pay to Sublandlord,
in addition to the Base Rental for the Existing Premises, monthly installments
of Base Rental for the Expansion Space in the amount of One Thousand Eight
Hundred Seventy-Six and 00/100 Dollars ($1,876.00) (“Expansion
Space Base Rental”), which amount is calculated at the same rate applicable
to the Existing Premises pursuant to Sections 4(a) and 4(f) of the Sublease,
and (iii) Base Rental shall be increased by, and all references in the Sublease
to the Base Rental shall include, the Expansion Space Base Rental.  The first monthly installment of Expansion
Space Base Rental shall be paid by Subtenant upon execution of this Amendment.

 

e.                                       Prorations.  If the Expansion Space Commencement Date is
not the first (1st) day of the month, or if the Expansion Space
Expiration Date is not the last day of a month, a prorated installment of
monthly Expansion Space Base Rental based on a 30-day month shall be paid for
the fractional month during which the Expansion Space Term commenced or
terminated.

 

f.                                         Security
Deposit.  Upon execution of this
Amendment, Subtenant shall deposit with Sublandlord, in the form of immediately
available funds or a letter of credit issued in favor of Sublandlord by a
financial institution approved by Sublandlord, and in form and

 

2

 

substance satisfactory to
Sublandlord, an additional sum equal to one (1) month of the Expansion Space
Base Rental, or One Thousand Eight Hundred Seventy-Six and 00/100 Dollars
($1,876.00).  Such additional sum,
along with the Deposit described in Section 5 of the Sublease, shall be
collectively referred to as the “Deposit” and shall be held on the same terms
and conditions set forth therein; provided, however, Subtenant
shall return the sum allocable to the Expansion Space upon expiration or
termination of the Sublease as to the Expansion Space, subject to the terms and
conditions of Section 5 of the Sublease.

 

g.                                      Parking.  Section 7 of the Sublease is hereby
amended to provide that beginning as of the Expansion Space Commencement Date,
at no additional rent or charge, Subtenant shall have the right during the
Expansion Space Term to use on a non-reserved basis two (2) additional parking
spaces in the parking facilities of the Building, calculated at the rate of 3.2
spaces per 1,000 rentable square feet of Expansion Space.

 

h.                                      Broker.  The parties acknowledge that Verialliance
Properties and Phase 3 Properties represent Sublandlord and Subtenant,
respectively, in connection with this Amendment and the Expansion Space.  Sublandlord and Subtenant each represents and
warrants for the benefit of the other and Landlord that neither Sublandlord nor
Subtenant has had any dealings with any real estate broker, agent or finder in
connection with the Expansion Space and/or the negotiation of this Amendment,
except as otherwise provided herein, and that neither Sublandlord nor Subtenant
knows of any other real estate broker, agent or finder who is or might be
entitled to a real estate brokerage commission or finder’s fee in connection
with this Amendment or otherwise based upon contacts between the claimant and
either party.  Sublandlord and Subtenant
shall indemnify and hold harmless the other and Landlord from and against any
and all liabilities or expenses arising out of claims made for a fee or
commission by any real estate broker, agent or finder in connection with the
Expansion Space and this Amendment other than as otherwise provided herein, if
any, resulting from the actions of the indemnifying party.

 

 

i.                                          Environmental
Condition Prior Subtenant Study. 
Subtenant shall have no obligation to conduct a Base Line Study as to
the Expansion Space; provided, however, Subtenant shall accept
the results of a Phase I exit environmental assessment conducted by the
vacating subtenant for the Expansion Space (the “Prior Subtenant Study”)
in lieu of a Base Line Study for the Expansion Space.  For purposes of Section 19(b) of the
Sublease, the Prior Subtenant Study shall constitute the Base Line Study for
the Expansion Space.  Sublandlord does
not make any representations or warranties as to the accuracy or completeness
of the Prior Subtenant Study.

 

(ii)                                  Obligations
as to Expansion Space. 
Notwithstanding any provision in this Paragraph 1(i) to the contrary,
Subtenant shall in no way be relieved of its obligation to: (A) deliver
copies of notices, filings and permits with respect to Hazardous Substances as
they relate to the Expansion Space pursuant to Section 19(a) of the
Sublease; (B) conduct a Subtenant Exit Study as to the Expansion Space in
accordance with Section 19(b) of the Sublease; or (C) remediate any
Hazardous Substance contamination in the Expansion Space revealed by the
Subtenant Exit Study in accordance with Section 19(b) of the
Sublease.  Subtenant shall indemnify,
defend and hold Sublandlord harmless from and against any and all claims,
liabilities, costs and expenses arising out of any Hazardous Substance
contamination in

 

3

 

the Expansion Space
revealed by the Subtenant Exit Study. 
Notwithstanding the foregoing, Subtenant shall have no remediation or
indemnity obligation with respect to any pre-existing contamination revealed by
the Prior Subtenant Study.

 

2.                                       Effect
of Amendment.  Except as expressly
amended under this Amendment, all provisions of the Sublease shall remain in
full force and effect.  In the event of
any conflict between this Amendment and the Sublease, this Amendment shall
control to the extent of such conflict.

 

3.                                       Entire
Agreement.  This Amendment constitutes
the entire agreement between the parties pertaining to the subject matter
hereof, and the final, complete and exclusive expression of the terms and
conditions thereof, and all prior agreements, representations, negotiations and
understandings of the parties hereto, oral or written, express or implied, are
hereby superseded and merged herein. 
This Amendment may be executed in one or more counterparts, each of
which shall be deemed an original, and all of which shall constitute one and
the same binding agreement.

 

[Remainder of page intentionally left blank.]

 

4

 

IN
WITNESS WHEREOF, the undersigned have executed this Amendment No. 1 to Sublease
as of the date first written above.

 

Dated:             March 18, 2004

 

	
  SUBTENANT:

  	
  SUBLANDLORD:

  
	
   

  	
   

  
	
  METABASIS
  THERAPEUTICS, INC.,

  	
  SICOR INC.,

  
	
  a Delaware
  corporation

  	
  a Delaware
  corporation

  
	
   

  	
   

  
	
  By:

  	
  /s/ John W. Beck

  	
   

  	
  By:

  	
  /s/ Wesley N.
  Fach

  	
   

  
	
  Name:

  	
  John W. Beck

  	
   

  	
  Name:

  	
  Wesley N. Fach

  	
   

  
	
  Its:

  	
  VP Finance and
  CFO

  	
   

  	
  Its:

  	
  Sr. VP, General
  Counsel and Secretary

  	
   

  
											

 

5

 

EXHIBIT A

 

Expansion Space

 

[Attached]

 

6

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