Document:

Exhibit 10.25

 

SECOND AMENDMENT TO AMENDED AND

RESTATED CREDIT AND GUARANTY AGREEMENT

 

This SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT
AND GUARANTY AGREEMENT (this “Amendment”) is made as of the 16th day of
December, 2003, by and among (i) SL GREEN OPERATING PARTNERSHIP, L.P., a
Delaware limited partnership (“Borrower”), (ii) SL GREEN REALTY CORP., a
Maryland corporation (the “Company”, and a “Guarantor”), (iii) each of the
direct and indirect Subsidiaries of Borrower or the Company that is a signatory
hereto under the caption “Guarantors” on the signature pages hereto, (iv) each
of the financial institutions that is a signatory hereto under the caption
“Lenders” on the signature pages hereto (individually, a “Lender” and,
collectively, the “Lenders”) and (v) WELLS FARGO BANK, NATIONAL ASSOCIATION, a
national banking association, as administrative agent for the Lenders hereunder
(in such capacity, “Agent”), and is made with reference to that certain Amended
and Restated Credit and Guaranty Agreement dated as of February 6, 2003,
by and among Borrower, Guarantors signatory thereto, the Lenders signatory
thereto, Agent and others, as amended by First Amendment To Amended and
Restated Credit and Guaranty Agreement dated as of June 5, 2003 by and among
Borrower, the Company, Guarantors signatory thereto, the Lenders, Agent and
others (collectively, and as may be further amended, restated, supplemented or
otherwise modified from time to time, the “Credit Agreement”).  Capitalized terms used herein without definition
shall have the same meanings herein as set forth in the Credit Agreement.

 

RECITALS

 

A.    Under the terms of the Credit Agreement, the Lenders are to
provide to Borrower an unsecured term loan facility in the maximum amount of
$200,000,000 (the “Facility”).

 

B.    The Borrower and the Company have requested that the Lenders
agree to certain amendments of the Credit Agreement.

 

C.    The Requisite Lenders are willing to amend the Credit Agreement,
subject to the terms and conditions of this Amendment.

 

NOW, THEREFORE, for valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the parties hereto
hereby agree as follows:

 

1.     Defined Terms.  Unless otherwise defined herein, capitalized
terms used herein shall have the meanings, if any, assigned to them in the
Credit Agreement.

 

2.     Amendments
to § 1.1 of Credit Agreement.

 

(i)    § 1.1 of the Credit Agreement shall be amended
by deleting the definition of “Unconsolidated Entity” in its entirety and
replacing it with the following:

 

 

“Unconsolidated Entity.  As of any date, any Person, other than a
Wholly Owned Subsidiary, in whom the Borrower, the Company or any Related
Company holds an Investment, regardless of whether the financial results of
such Person would or would not be consolidated under Generally Accepted
Accounting Principles with the financial statements of the Borrower, if such
statements were prepared as of such date. Unconsolidated Entities existing on
the date hereof are set forth in Schedule 1.3.”

 

(ii)           § 1.1 of the Credit Agreement shall be further
amended by inserting the following additional defined terms in their respective
alphabetical order:

 

“As-Is Value.  For any Real
Estate Asset set forth on Schedule 8.2(h) (as such Schedule shall be amended or
supplemented from time to time), the “as-is” value of such Real Estate Asset as
determined by a FIRREA compliant MAI appraisal supplied by Borrower which is
less than one year old from the date of such determination and which is
acceptable to the Agent and the Borrower; provided, however, that for any Real
Estate Asset for which no such appraisal is available, “As-Is Value” shall be
the value determined by dividing the Adjusted Net Operating Income for the
immediately preceding fiscal quarter, annualized, for such Real Estate Asset by
the capitalization rate (which shall in no event exceed 9.0%) set forth for
such Real Estate Asset on Schedule 8.2(h) (as such Schedule shall be amended or
supplemented from time to time).”

 

(b)           “1221 Avenue of the Americas
Investment.  An Investment in less than
all  of the economic and beneficial
ownership interests in the 1221 Avenue of the Americas Owner.

 

(c)           “1221 Avenue of the
Americas Investment Party.  Any
Affiliate of Borrower which directly or indirectly owns or controls the 1221
Avenue of the Americas Investment, provided that if Borrower directly owns or
controls the 1221 Avenue of the Americas Investment, Borrower shall be the 1221
Avenue of the Americas Investment Party.

 

(d)           “1221 Avenue of the
Americas Investment Period.  Any period
of time during which the 1221 Avenue of the Americas Investment Party owns or
controls the 1221 Avenue of the Americas Investment.

 

(e)           “1221 Avenue of the
Americas Owner. Rock-McGraw, Inc., a New York corporation (“Rock-McGraw”), the
fee owner of the premises located at 1221 Avenue of the Americas, New York, New
York as of the date hereof, or any successor to Rock-McGraw as fee owner of the
premises located at 1221 Avenue of the Americas, New York, New York.

 

(f)            “Wholly Owned
Subsidiary. As to any Person, a Subsidiary of such Person all of the
outstanding ownership interests of which Subsidiary (other than directors’
qualifying shares) shall at the time be owned by such Person or by one or more
Wholly Owned Subsidiaries of such Person.”

 

2

 

3.             Additional
Amendments to Credit Agreement.

 

(i)            § 8.2(h) of the Credit Agreement is amended by
deleting the next to last paragraph of such Section in its entirety  and replacing it with the following:

 

“Notwithstanding the foregoing to the contrary, if, but only for so
long as either (x) all Indebtedness of the Unconsolidated Entities does not
exceed seventy-two percent (72%) of the aggregate dollar amount of the As-Is
Values for all Real Estate Assets of such Unconsolidated Entities or (y)
Structured Finance Investments do not exceed twelve percent (12%) of Total
Assets, then

 

(i)            the Permitted
Investments Cap shall increase from twenty-five percent (25%) of Total Assets
to (A) during the 1221 Avenue of the Americas Investment Period, thirty-nine
percent (39%) of Total Assets, or (B) during all other periods, thirty percent
(30%) of Total Assets; and

 

(ii)           the Maximum
Percentage of Total Assets in respect of Unconsolidated Entities (as described
above) shall increase from twenty percent (20%) to (A) during the 1221 Avenue
of the Americas Investment Period, thirty percent (30%), or (B) during all
other periods, twenty-five percent (25%).”

 

(ii)           § 9.4 of the Credit Agreement is amended by
deleting subsection (b) in its entirety 
and replacing it with the following:

 

“(b)         The Borrower and the
Company will not at any time permit the outstanding balance of Secured Recourse
Indebtedness to exceed  (x) during the
1221 Avenue of the Americas Investment Period, twelve percent (12%) of Total
Assets, or (y) during all other periods, ten percent (10%) of Total Assets.”

 

(iii)          § 9 of the Credit Agreement is amended by
inserting therein a new § 9.9, as follows:

 

“§ 9.9.  Indebtedness
of the 1221 Avenue of the Americas Investment Party.  (i) 
During the 1221 Avenue of the Americas Investment Period, Indebtedness
of the 1221 Avenue of the Americas Owner will not at any time exceed
twenty-five percent (25%) of the aggregate Adjusted Net Operating Income for
the immediately preceding fiscal quarter, annualized, for the Real Estate Asset
constituting the premises located at 1221 Avenue of the Americas, New York, New
York, divided by eight percent (8%).

 

(ii)           During
the 1221 Avenue of the Americas Investment Period, the aggregate Indebtedness
of the Unconsolidated Entities will not at any time exceed seventy-two percent
(72%) of the aggregate dollar amount of the As-Is Values for all Real Estate
Assets of such Unconsolidated Entities as of such time.”

 

(iv)          § 9.9 of the Credit Agreement (as in effect
immediately prior to this Amendment becoming effective) is amended (x) by
renumbering such section as

 

3

 

§ 9.10 and (y) by deleting therefrom the term “§ 9.8” in each instance it appears and inserting
in lieu thereof the term “§ 9.9”.

 

(v)           The Credit Agreement is further
amended by adding thereto a Schedule 8.2(h), in the form and substance set
forth on Annex A attached hereto.

 

(vi)          In connection with the foregoing
amendments, Schedule I to the Compliance Certificate will, in addition to the
items currently set forth therein, set forth the financial data, computations
and other matters required to establish compliance with the provisions of
§ 9.9.

 

4.             Agreements of
Guarantors.  Each of the Guarantors

 

(i)            acknowledges
and consents to the execution, delivery and performance by Borrower and the
Company of this Amendment; and

 

(ii)           reaffirms
and agrees that the respective Guaranty as to which such Guarantor is party
under the Credit Agreement and all other Loan Documents executed and delivered
by such Guarantor to the Agent and the Lenders in connection with the Credit
Agreement are in full force and effect, without defense, offset or counterclaim
and will so continue.

 

5.             Representations
and Warranties.  Borrower and each
of the Guarantors hereby jointly and severally represent and warrant to the
Agent and the Lenders as follows:

 

(a)           No Default or Event
of Default has occurred and is continuing.

 

(b)           The execution,
delivery and performance by Borrower and the Guarantors of this Amendment has
been duly authorized by all necessary corporate and other action and do not and
will not require any registration with, consent or approval of, notice to or
action by, any Person (including any Governmental Authority) in order to be
effective and enforceable.  This
Amendment and the Credit Agreement each constitute the legal, valid and binding
obligation of Borrower and each of the Guarantors which are parties thereto,
respectively, enforceable against them in accordance with their respective
terms, without defense, counterclaim or offset.

 

(c)           None of the
organizational documents, including, but not limited to, partnership
agreements, operating agreements, limited liability company agreements and by-laws,
of (1) Borrower and each of the Guarantors (other than Green 317 Madison LLC
(“Green 317”)) has been amended or modified since March 17, 2003, except
that (i) the Articles of Incorporation of the Company have been supplemented by
Articles Supplementary Establishing And Fixing The Rights and Preferences Of A
Series Of Shares Of Preferred Stock dated December 9, 2003 (the “Articles
Supplementary”) and (ii) the partnership agreement of Borrower has been amended
by Third Amendment to the First Amended and Restated Agreement of Limited
Partnership of Borrower dated

 

4

 

December 12, 2003 (the “Third Amendment”) and (2) Green 317 has
been amended or modified since September 23, 2003.

 

(d)           Borrower and each of
the Guarantors are entering into this Amendment on the basis of its own
investigation and for its own reasons, without reliance upon the Agent, the
Lenders, any of their respective Affiliates or any other Person and hereby
acknowledge and agree that they are not aware (i) of any claim or cause of
action against the Agent, any Lender or any of their respective Affiliates,
directors, officers, agents or employees, arising from or in connection with
the Loan Documents or otherwise and (ii) that there are any claims, demands, offsets
or defenses at law or in equity that would defeat or diminish the rights and
remedies of Agent or the Lenders under the Loan Documents.

 

(e)           The list of
Unconsolidated Entities set forth on Schedule 1.3 of the Credit Agreement is
true, correct and complete as of the date hereof.

 

6.             Effective
Date.  This Amendment will become
effective as of December 16, 2003 
provided that each of the following conditions precedent is satisfied
before the close of business on such date (the “Effective Date”):

 

(a)           The Agent has
received from Borrower, each of the Guarantors and each of the Requisite
Lenders a duly executed original (or, if elected by the Agent, an executed
facsimile copy) of this Amendment by no later than 9:00 AM (New York time) on  December 16, 2003.

 

(b)           The Agent has
received from (i) Borrower and each of the Guarantors a copy of a resolution
passed by the board of directors of such corporation (or other evidence
satisfactory to the Agent in the case of such a Person which is not a
corporation), certified by the secretary or an Assistant Secretary of such
corporation (or such other Person satisfactory to the Agent in the case of such
a Person which is not a corporation) as being in full force and effect on the
date hereof, authorizing the execution, delivery and performance of this
Amendment and (ii) a certificate from the secretary of the Company certifying
that attached to such certificate are true, correct and accurate copies of the
Articles Supplementary and the Third Amendment.

 

(c)           The Agent shall have
received from the Company a certificate of a Responsible Officer of each of
Borrower and the Company dated as of the Effective Date stating that all
representations and warranties contained herein are true and correct on and as
of the Effective Date as though made on and as of such date.

 

(d)           The Agent shall have
received an opinion of counsel to the Borrowers and the Guarantors in form and
substance satisfactory to the Agent;

 

(e)           Borrower or the
Company shall have paid (i) the expenses of the Agent, including its attorneys’
reasonable fees and disbursements, and (ii) to the

 

5

 

Agent for the
benefit of the Lenders, the amendment fee equal to .15% of the Total Commitment
as of the Effective Date.

 

For purposes of determining compliance with the conditions specified in
this Section 6, each Lender that has executed the First Amendment shall be
deemed to have consented to, approved or accepted, or to be satisfied with,
each document or other matter either sent, or made available for inspection, by
the Agent to such Lender for consent, approval, acceptance or satisfaction, or
required thereunder to be consented to or approved by or acceptable or
satisfactory to such Lender.

 

7.             Miscellaneous.

 

(a)           Except
as herein expressly amended, all terms, covenants and provisions of the Credit
Agreement are and shall remain in full force and effect and all references
therein to such Credit Agreement shall henceforth refer to the Credit Agreement
as amended by this Amendment.  This
Amendment shall be deemed to be a “Loan Document” for all purposes of the
Credit Agreement and all other Loan Documents.

 

(b)           This
Amendment shall be binding upon and inure to the benefit of the parties hereto
and thereto and their respective successors and assigns.  No third party beneficiaries are intended in
connection with this Amendment.

 

(c)           THIS AMENDMENT SHALL
BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW
YORK APPLICABLE TO AGREEMENTS MADE AND TO BE PERFORMED ENTIRELY WITHIN SUCH
STATE; PROVIDED THAT THE AGENT AND EACH LENDER SHALL RETAIN ALL RIGHTS
ARISING UNDER FEDERAL LAW.

 

(d)           This
Amendment may be executed in any number of counterparts, each of which shall be
deemed an original, but all such counterparts together shall constitute but one
and the same instrument.  Each of the
parties hereto understands and agrees that this document (and any other
document required herein) may be delivered by any party thereto either in the
form of an executed original or an executed original sent by facsimile
transmission to be followed promptly by mailing of a hard copy original, and
that receipt by the Agent of a facsimile transmitted document purportedly
bearing the signature of a party hereto shall bind such party with the same
force and effect as the delivery of a hard copy original.  Any failure by the Agent to receive the hard
copy executed original of such document shall not diminish the binding effect
of receipt of the facsimile transmitted executed original of such document of
the party whose hard copy page was not received by the Agent.

 

(e)           This
Amendment, together with the Credit Agreement, contains the entire and
exclusive agreement of the parties hereto with reference to the matters
discussed herein and therein.  This
Amendment supersedes all prior drafts and communications with respect
thereto.  This Amendment may not be
amended except in accordance with the provisions of § 26 of the Credit Agreement.

 

6

 

(f)            If any term or
provision of this Amendment shall be deemed prohibited by or invalid under any
applicable law, such provision shall be invalidated without affecting the
remaining provisions of this Amendment or the Credit Agreement, respectively.

 

(g)           Neither
Borrower nor any Guarantor shall include any reference (written or oral) to the
Agent, any Lender or any Loan Document in any public statement, disclosure,
filing or press release unless the inclusion of such reference is required by
applicable Law (in the reasonable opinion of the Company and its counsel).  To the extent any such reference is made
none of the Agent or any Lender shall be deemed to have approved, consented to
or otherwise authorized the same, unless such approval, consent or
authorization shall be in writing executed by the Agent and each Lender
referred to therein.

 

(h)           The
Company covenants to pay to or reimburse the Agent, upon demand, for (i) all
reasonable costs and expenses (including reasonable attorneys’ fees) incurred
in connection with the development, preparation, negotiation, execution and
delivery of this Amendment, and (ii) any and all other accrued but unpaid
amounts due and owing in accordance with § 15 of the Credit Agreement.

 

[Remainder of page intentionally left blank]

 

7

 

IN WITNESS
WHEREOF, the parties hereto have caused this Amendment to be duly executed in
the City of New York, New York and the other parties hereto have caused this
Amendment to be duly executed, each as of the date first above written

 

	
   

  	
  BORROWER:

  
	
   

  	
   

  	
   

  
	
   

  	
  SL GREEN OPERATING
  PARTNERSHIP,

  L.P.

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL GREEN REALTY CORP.,
  its

  general partner

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  
	
   

  	
  SL GREEN REALTY CORP.,
  a Maryland

  corporation

  
	
   

  	
   

  	
   

  
	
   

  	
  By

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
					

 

 

	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  NEW GREEN 1140 REALTY
  LLC, a New

  York limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  SLG 17 BATTERY LLC, a
  New York

  limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
						

 

 

	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  SL GREEN MANAGEMENT
  LLC,

  a Delaware limited liability company

  
	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  SLG IRP REALTY LLC, a
  New York

  limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  	
   

  
						

 

 

	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GREEN 286 MADISON LLC,
  a New York

  limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GREEN 317 MADISON LLC,
  a Delaware

  limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
						

 

 

	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GREEN 292 MADISON LLC,
  a New York

  limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its manager

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By:

  	
  SL Green Realty Corp.,
  a

  Maryland corporation, its

  general partner

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  GREEN 110 EAST 42nd
  LLC, a Delaware

  limited liability company

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its sole member

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  	
   

  
						

 

 

	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  
	
   

  	
  GREEN 1372 BROADWAY
  LLC, a

  Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its sole member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  
	
   

  	
  GREEN 1466 BROADWAY
  LLC,

  a Delaware limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its sole member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  
	
   

  	
  GREEN 440 NINTH LLC, a
  Delaware

  limited liability company

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its sole member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  Title:

  
						

 

 

	
   

  	
  GUARANTOR:

  
	
   

  	
   

  	
   

  
	
   

  	
  GREEN 470 PAS LLC, a
  Delaware limited

  liability company

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  SL Green Operating
  Partnership,

  L.P., a Delaware limited partnership,

  its sole member

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  
	
   

  	
   

  	
   

  	
  Name:

  Title:

  

 

 

	
   

  	
  ADMINISTRATIVE
  AGENT:

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK,
  NATIONAL

  ASSOCIATION, As Administrative Agent

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Christopher B. Wilson

  Vice President

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  LENDER:

  
	
   

  	
   

  
	
   

  	
  WELLS FARGO BANK,
  NATIONAL ASSOCIATION

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Christopher B. Wilson

  Vice President

  
					

 

 

	
   

  	
  LENDER:

  
	
   

  	
   

  
	
   

  	
  COMMERZBANK AG NEW YORK

  BRANCH

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  

 

 

	
   

  	
  LENDER:

  
	
   

  	
   

  
	
   

  	
  EUROHYPO AG, NEW YORK
  BRANCH

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
					

 

 

	
   

  	
  LENDER:

  
	
   

  	
   

  
	
   

  	
  PB CAPITAL CORPORATION

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
					

 

 

	
   

  	
  LENDER:

  
	
   

  	
   

  
	
   

  	
  KEYBANK NATIONAL
  ASSOCIATION

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  

 

 

	
   

  	
  LENDER:

  
	
   

  	
   

  
	
   

  	
  HSH NORDBANK AG, NEW
  YORK BRANCH

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  Title:

  

 

 

 

ANNEX A

 

Schedule 8.2(h)

 

 

	
  Unconsolidated
  Real Estate Asset

  	
   

  	
  Valuation Cap Rate

  
	
  180 Madison
  Ave.

  	
   

  	
  9

  	
  %

  
	
  1250
  Broadway

  	
   

  	
  9

  	
  %

  
	
  1515
  Broadway

  	
   

  	
  8.5

  	
  %

  
	
  321 W. 44th
  St.

  	
   

  	
  9

  	
  %

  
	
  1 Park Ave.

  	
   

  	
  9

  	
  %

  
	
  100 Park
  Ave.

  	
   

  	
  8.5

  	
  %

  
	
  1221 Ave. of
  the Americas

  	
   

  	
  8

  	
  %Exhibit
10.35

 

SEPARATION
AGREEMENT

 

SEPARATION
AGREEMENT dated February 3, 2004, made by and between Michael W. Reid (the
“Executive”) and SL Green Realty Corp., a Maryland corporation with its
principal place of business at 420 Lexington Avenue, New York, New York 10170
(the “Company”).

 

WHEREAS, the
Executive and the Company are parties to an employment agreement dated
February 26, 2001 (the “Employment Agreement”); and

 

WHEREAS, the
Executive and the Company wish to set forth their mutual understanding of the
terms of Executive’s separation from employment, as contemplated below.

 

NOW, THEREFORE, in
consideration of the mutual covenants and commitments provided for herein and
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged by both parties, the Executive and the Company hereby agree
as follows:

 

1.                                       Termination
Date.  The Executive’s employment
with the Company will terminate effective April 30, 2004 (except as set
forth in Sections 3(b) and 3(c) hereof, the “Termination Date”).  Prior to the Termination Date, the Executive
will continue to perform his regular duties for the Company, on a full-time
basis, including his role as Chief Operating Officer of the Company, and
otherwise in accordance with the Employment Agreement except as otherwise
provided herein.  The Executive is
entitled to a total of two weeks of vacation and two personal days to be taken
prior to April 30, 2004.  The
Executive hereby tenders his resignation as of the Termination Date, and hereby
resigns from any other corporate offices and board of director memberships with
the Company and all affiliates thereof as of the Termination Date; the
Executive acknowledges and agrees that, upon the Termination Date, he shall
take any further actions requested by the Company as reasonably may be
necessary or appropriate further to reflect such resignations.  Executive shall be paid at his current base
salary rate (i.e., $350,000) together with a pro rata portion of his annual
bonus (i.e., $150,000) as in effect immediately prior to the date

 

 

hereof, for the period from the date hereof through the Termination
Date, on the Company’s regular and customary payroll dates (and no other salary
or bonus shall be payable for such period).

 

2.                                       Bonus
Payment.  Subject in all respects to
Section 9 hereof, Executive shall, within five business days of the
expiration of the revocation period without the Release (as defined below)
having been revoked, receive from the Company a lump sum payment of $125,000,
which represents three months pay at the annual salary rate in effect
immediately prior to the Termination Date (i.e., $350,000) and a pro rata
portion of his minimum annual bonus as in effect immediately prior to the
Termination Date (i.e., $150,000).

 

3.                                       Employment
Agreement.

 

(a)                                  The
Employment Agreement shall terminate on the Termination Date in its entirety,
except as provided in Section 8 hereof. 
Without limiting the generality of the foregoing, no payment or benefit
shall be made or otherwise arise under Section 7 or any other provision of
the Employment Agreement by virtue of such termination.

 

(b)                                 It
is expressly acknowledged and agreed that no event or condition occurring,
arising or in effect at any time before the date hereof or through the date
hereof has constituted or constitutes “Good Reason” under the Employment
Agreement, and that the recurrence or continuation of any such event or
condition will not constitute Good Reason. 
From and after the date hereof, in no event shall Section 7 of the
Employment Agreement apply to any termination of the Executive’s employment by
the Executive.  Without limiting the
generality of the foregoing, from and after the date hereof, Section 7(a)
of the Employment Agreement shall not apply to any termination of employment by
the Executive for Good Reason.  In the
event that Good Reason arises under the Employment Agreement after the date
hereof, and the Executive terminates his employment therefor before the
Termination Date as contemplated by and in accordance with Section 6 of
the Employment Agreement, or there is a termination of employment before the
Termination Date on account of death or disability as contemplated by and in
accordance with Section 6 of the Employment Agreement, then (i) the
Termination Date for purposes of this Separation

 

2

 

Agreement shall be the date of such termination of employment, (ii) in
the case of such termination due to the death of the Executive or such a
termination by the Company in the event of the Executive’s becoming disabled,
the Executive shall be entitled at his or his estate’s option to elect the
payments and benefits available to him under the Employment Agreement or this
Separation Agreement (but not both), and (iii) this Separation Agreement shall
otherwise apply in accordance with its terms.

 

(c)                                  It
is expressly agreed and understood that the Company shall not terminate
Executive for Cause at any time before the Termination Date unless and until
there is present the factors set forth in Section 6(a)(iii)(i) or
6(a)(iii)(ii) of the Employment Agreement.

 

4.                                       Options.

 

(a)                                  With
respect to the options to purchase 50,000 shares of common stock of the Company
provided for by Section 3(c) of the Employment Agreement and that certain
option agreement between the Executive and the Company dated February 26,
2001, and with respect to the Equity Award in Section 3(d) of the
Employment Agreement, the parties acknowledge that options to purchase 10,000
shares of common stock under Section 3(c), and 10,000 restricted shares of
common stock under Section 3(d) will become vested and nonforfeitable on
February 26, 2004.  Notwithstanding
the foregoing, (i) all options designated to be otherwise unvested and
unexercisable as of February 26, 2004 (i.e., 20,000 shares) shall become
immediately vested and initially exercisable upon the date hereof, and (ii)
such option agreement shall otherwise apply in accordance with its terms.

 

(b)                                 With
respect to the options to purchase 100,000 shares of common stock of the
Company provided for by that certain option agreement between the Executive and
the Company dated October 10, 2002, the Executive may exercise 50,000
options as follows:  (i) 15,000 unvested
and unexercisable options granted thereunder shall become immediately vested
and initially exercisable upon the date hereof, (ii) subject in all respects to
Section 9 hereof, 35,000 unvested and unexercisable options granted
thereunder shall become vested and initially exercisable upon the Termination
Date, (iii) any options not

 

3

 

vested or exercised on or before the Termination Date (taking into
account clause (i)), or in accordance with clause (ii), shall not be or become
vested or exercisable and shall without any further action be forfeited
forthwith, and (iv) such option agreement
shall otherwise apply in accordance with its terms.

 

5.                                       COBRA.  Following the Termination Date, the
Executive will be given the opportunity to continue under the Company’s group
health plans, as may be required, and to the extent provided, by the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

 

6.                                       Transfer
of Responsibilities; Cooperation. 
The Executive expressly agrees to cooperate fully from the date hereof
through the Termination Date in the transfer of his responsibilities as Chief
Operating Officer of the Company, and any other responsibilities or duties that
he performed in connection with his employment at the Company to the
individual(s) designated by the Company. 
The Executive acknowledges that the transition will require travel
outside of New York City to see shareholders and analysts at the reasonable
direction of the Chief Executive Officer of the Company.

 

7.                                       Confidentiality.  The Executive and the Company agree that
they will keep the terms of this Separation Agreement confidential, except that
the Executive may disclose this Separation Agreement to or discuss this
Separation Agreement with his spouse, attorney, financial advisor and as may be
required by law, and the Company may discuss this Separation Agreement with or
disclose this Separation Agreement to its attorneys, trustees, officers,
agents, and as may be required by law. 
Each party agrees that it shall advise any such persons with whom it
discusses or to whom it discloses this Separation Agreement of the existence
and requirements of this confidentiality provision, and shall instruct any such
person that such person shall not disclose the existence of this Separation
Agreement or its terms to any other person.

 

8.                                       Prohibited
Activities.  The provisions of
Sections 8(a), 8(b)(ii) and 8(e)-8(i) of the Employment Agreement (the
“Restrictive Covenants”) are hereby incorporated into this Separation Agreement
by reference as though stated in full herein (including any provisions in the
Employment

 

4

 

Agreement relating to the enforcement thereof), and (together with any
provisions in the Employment Agreement relating to the enforcement thereof) shall
survive termination of employment and the termination of the Employment
Agreement in accordance with the terms of the Restrictive Covenants.  The parties expressly agree and understand
that the transition services contemplated by Section 8(h) shall be limited
to reasonable periodic telephone conferences and shall not require the
Executive to travel to the office or otherwise.

 

9.                                       General
Release; Certain Other Matters.  It
is expressly understood and agreed that, without limiting the Executive’s
obligations hereunder, all of the Company’s obligations under Sections 2 and
4(b)(ii) hereunder, are subject entirely and in all respects to (i) the
Executive’s provision, at or after the close of business on the Termination
Date and not more than two business days after the Termination Date, of a
Release in the form attached hereto as Exhibit A (the “Release”) and (ii) the
Release’s becoming irrevocable as confirmed by the Executive’s written
confirmation, in the form attached hereto as Exhibit B delivered to and
received by the Chief Executive Officer of the Company at the principal place
of business of the Company, that the Release has not been revoked (the
“Confirmation”).  The Confirmation shall
be delivered (i) not before the expiration of the seven-day revocation period
provided for in Section 4 of the Release and (ii) not after seven days
have elapsed after such expiration of such seven-day period.  Notwithstanding anything in this Separation
Agreement to the contrary, any payment or other benefits under Sections 2 and
4(b)(ii) that would otherwise be due or effective before the Confirmation has
been so received by the Company shall not be required to be paid or otherwise
provided or effective until five business days have elapsed after the
Confirmation has been so received.  The
Executive is hereby advised to seek advice of counsel in connection with the
Release, and acknowledges and agrees that he has otherwise had the opportunity
to seek advice of counsel in connection with this Separation Agreement.  The Company agrees to execute and deliver to
Executive a Release in the form attached as Exhibit C upon Executive’s
irrevocable confirmation of his Release as provided above.

 

5

 

10.                                 Entire
Agreement.  This Separation
Agreement, together with the Employment Agreement (except as expressly modified
herein) and the applicable option agreements, contains the entire agreement and
understanding of the parties with respect to the subject matter hereof and
supersedes and replaces all prior agreements, negotiations and proposed
agreements, whether written or oral. 
The Executive and the Company each acknowledge and confirm that neither
they nor any agent or attorney have made any promise, representation, or
warranty whatever, express, implied, or statutory, not contained herein
concerning the subject matter hereof, to induce the other party to execute this
Separation Agreement.  To the extent
that anything herein is inconsistent with the Employment Agreement, it is
expressly agreed that this Separation Agreement amends the Employment
Agreement.

 

11.                                 No
Third-Party Beneficiaries.  This
Separation Agreement is solely for the benefit of the parties to this
Separation Agreement and should not be deemed to confer upon third parties any
remedy, claim, liability, reimbursement, claims or action or other right in
excess of those existing without reference to this Separation Agreement.

 

12.                                 Certain
Matters Relating to Enforceability. 
Any provision of this Separation Agreement which is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be
ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions hereof. 
Any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction.

 

13.                                 No
Oral Modification.  This Separation
Agreement may not be modified or amended except by an instrument in writing
signed by the parties hereto.

 

14.                                 Tax
Withholding.  The Company may
withhold from any compensation or benefits payable or otherwise arising under
this Separation Agreement all Federal, state, city and other taxes as shall be
required by law.

 

6

 

15.                                 Applicable
Law.  THIS SEPARATION AGREEMENT
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW.

 

16.                                 Further
Assurances.  The Executive agrees
that he is not entitled to reinstatement with the Company and agrees that his
employment relationship with the Company will irrevocably end on the
Termination Date.  The Executive agrees
not to seek or accept employment with the Company in the future at any time,
unless the Company, at its sole discretion and through its Chief Executive
Officer, offers him such employment.

 

17.                                 Headings.  The headings of the paragraphs herein are
included for reference only and are not intended to affect to meaning or
interpretation of this Separation Agreement.

 

7

 

IN WITNESS
WHEREOF, the parties have executed this Separation Agreement as of the date and
year first above written:

 

 

	
   

  	
  SL GREEN REALTY
  CORP.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  
	
   

  	
   

  	
  Title:

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Michael W. Reid

  	
   

  
	
   

  	
   

  
					

 

8

 

DRAFT

 

EXHIBIT A

 

RELEASE

 

THIS RELEASE is made as
of the          day of
              ,
2004, by Michael W. Reid (the 
“Executive”).

 

WHEREAS, the Executive is
a party to a certain agreement with SL Green Realty Corp. (the “Company”) dated
as of the       day of
          , 2004, a copy of
which is attached hereto as Exhibit I (the “Separation Agreement”) (unless the
context requires otherwise, capitalized terms used but not defined herein shall
have the respective meanings ascribed thereto by the Separation Agreement);

 

WHEREAS, the Executive
desires to confirm that the Company (including its affiliates, as provided
below), other than as set forth in the Separation Agreement, have completely
satisfied any and all of its obligations to the Executive, and to provide for a
release;

 

WHEREAS, Section 9
of the Separation Agreement contemplates the Executive’s giving of this
Release; and

 

WHEREAS, payments and
benefits otherwise payable under the Separation Agreement will not be made or
otherwise provided unless the Executive executes and delivers this Release (and
thereafter provides certain written confirmation that this Release has not been
revoked);

 

NOW, THEREFORE, with the
intent to be legally bound and in consideration of the agreements herein
contained, plus other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Executive agrees as follows:

 

1.  The Executive, for himself
and his spouse, heirs, executors, administrators, successors, and assigns,
hereby releases and discharges (i) the Company and its other affiliated
companies; (ii) each of their respective past and present officers, directors,
agents, and employees; and (iii) all the employee benefit plans of the Company
or any of its affiliated companies, any trusts and other funding vehicles

 

 

established in connection with any such plans, any members of
committees established under the terms of any such plans, and any administrators
or fiduciaries of any such plans, from any and all actions, causes of action,
claims, demands, grievances, and complaints, known and unknown, which he or his
spouse, heirs, executors, administrators, successors, and assigns ever had or
may have at any time through the effective date of this Release, other than for
payments and benefits set forth under the Separation Agreement.  The Executive acknowledges and agrees that
this Release is intended to cover and does cover, but is not limited to, (i)
any claim under Title VII of the Civil Rights Act of 1964, Section 1981 of
the Civil Rights Act of 1866, the Age Discrimination in Employment Act, the
Equal Pay Act, the Employee Retirement Income Security Act, or the Americans
with Disabilities Act, each as amended; (ii) any claim of employment
discrimination whether based on a federal, state, or local statute or court or
administrative decision; (iii) any claim for wrongful or abusive discharge,
breach of contract, invasion of privacy, intentional infliction of emotional
distress, defamation, or other common law contract or tort claims including,
but not limited to, such claims arising from any statements the Company is or
heretofore has been required to make to or file with any regulatory agency with
regard to the termination of the Executive’s employment; (iv) any claims,
whether statutory, common law, or otherwise, arising out of the terms or
conditions of his employment at the Company and/or his separation from the
Company (other than for payments and benefits set forth under the Separation
Agreement); and (v) any claim for attorneys’ fees, costs, disbursements, or
other like expenses.  The enumeration of
specific rights, claims, and causes of action being released should not be
construed to limit the general scope of this Release.  It is the intent of the parties that by this Release the
Executive is giving up all rights, claims, and causes of action accruing prior
to the effective date hereof, whether known or unknown or whether or not any
damage or injury has yet occurred.

 

2.  The Executive acknowledges
that he would not be entitled to compensation provided under the Separation
Agreement, including, for example, the benefits set forth in Section 4 of
the Separation

 

2

 

Agreement, under any applicable plan policy, or practice of the Company
or pursuant to any prior agreement between the Company and him.

 

3.  The Executive acknowledges
that he was advised in writing to consult with legal counsel before signing this
Release; that he has obtained such advice as he deems necessary with respect to
this Release; that he has fully read and understood the terms of this Release;
and that he is signing this Release knowingly and voluntarily, without any
duress, coercion, or undue influence, and with an intent to be bound.  The Executive further acknowledges that he
has been given at least 21 days to consider this Release and that he has
elected to sign it on this date after having taken what he considers to be a
sufficient period of time to consider his options.  The parties agree that any changes made to this Release or the
Separation Agreement after the initial delivery hereof (February 3, 2004)
will not restart the running of such 21-day period.

 

4.  The Executive understands
that he is entitled to revoke this Release within seven days following his
execution of the Release and that the Release will not become effective until
the seven-day period has expired. 
Revocation may be effected by giving written notice delivered to the
Chief Executive Officer of the Company, within the seven-day period.  In the event that the Executive timely
exercises his right to revoke this Release, the Release will immediately become
null and void, and the Company will have no obligations hereunder or under the
Separation Agreement.

 

3

 

IN WITNESS
WHEREOF, the Executive has executed this Release as of the date and year first
above written:

 

 

	
   

  	
   

  
	
  Michael W. Reid

  
	
   

  

 

4

 

DRAFT

 

EXHIBIT B

 

Declaration

 

I,
                     ,
hereby declare that seven days have passed since my Release dated
                     ,
2004 (the “Release”) was executed.  I
have decided not to revoke, and have not revoked, the Release and, pursuant to
Section 4 of the Release, the Release is irrevocable.

 

	
  Date:

  	
   

  	
   

  	
   

  
	
   

  	
  Michael W. Reid

  

 

 

EXHIBIT C

 

RELEASE

 

THIS RELEASE is made as
of the       day of
            , 2004,
by SL Green Realty Corp., a Maryland corporation with its principal place of
business at 420 Lexington Avenue, New York, New York (the “Company”).

 

WHEREAS, the Company is a
party to a certain agreement with Michael W. Reid (the “Executive”) dated as of
the 3rd day of February, 2004 (the “Separation Agreement”) (unless the context
requires otherwise, capitalized terms used but not defined herein shall have
the respective meanings ascribed thereto by the Separation Agreement); and

 

WHEREAS, Separation
Agreement contemplates the Company’s giving of this Release.

 

NOW, THEREFORE, with the
intent to be legally bound and in consideration of the agreements herein
contained, plus other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Company agrees as follows:

 

1.  The Company, for itself and
on behalf of its affiliated companies and each of their respective past and
present officers, directors, agents, and employees hereby releases and
discharges the Executive, his spouse, heirs, executors, administrators,
successors, and assigns from any and all actions, causes of action, claims,
demands, grievances, and complaints, known and unknown, which it or they ever
had or may have at any time through the effective date of this Release, except
that this release shall not apply to any act of fraud, misappropriation of
funds, embezzlement or any other action with regard to the Company or any of
its affiliated companies that constitutes a criminal act under any federal or
state statute committed or perpetrated by the Executive during the course of
Executive’s employment with the Company or its affiliates.  The Company acknowledges and agrees that
this Release is intended to cover and does cover all claims, whether based on
statute or common law, that it has against the Executive, whether such claim
relates to his employment or otherwise, including any claim for breach of
contract,

 

 

breach of
fiduciary duty, intentional infliction of emotional distress, defamation, or
other common law contract or tort claims. 
It is the intent of the parties that by this Release the Company is
giving up all rights, claims, and causes of action accruing prior to the
effective date hereof, whether known or unknown or whether or not any damage or
injury has yet occurred.

 

2.  The Company acknowledges
that it was advised in writing to consult with legal counsel before signing
this Release.

 

IN WITNESS WHEREOF, the Company has executed this Release as of the
date and year first above written:

 

 

	
  SL Green Realty
  Corp.

  	
   

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By:

  	
  Marc Holliday

  	
   

  
	
   

  	
  Chief Executive
  Officer

  	
   

  
	
   

  	
   

  
					

 

2

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00062-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00062-of-00352.parquet"}]]