MEMORANDUM OF AGREEMENT
MADE THE 1 ST DAY OF SEPTEMBER, 2001 BETWEEN:
WEST-BEND CONSTRUCTION LTD.
(Incorporation No. 116,283), a company duly
incorporated under the laws of the Province of
British Columbia, having its registered office
located at 00000 Xxxxxxxxx Xxxxx,
Xxxxxx, Xxxxxxx Xxxxxxxx. X0X 1 W3
(the "Landlord")
OF THE FIRST PART
AND
SPECTRUM TRADING INC. (Incorporation
No. 396738), a company duly incorporated under
the laws of the Province of British Columbia,
having its registered office located at Xxxxx 000,
0000 Xxxxxx Xxxxxx, Xxxxxxxxx, X.X. X0X 0X0
(the "Tenant")
OF THE SECOND PART
WHEREAS the parties are desirous to extend the lease for a term of three
3 years commencing the 1st day of September, 2001 and ending the 31st
day of August, 2004 to encompass Xxxx #000, 00000 - 00 Xxxxxx, Xxxxxx,
Xxxxxxx Xxxxxxxx, more particularly known and described as:
Parcel Identifier: 000-000-000
Xxx 0, Xxxxxxx 00, Xxxxxxxx 0
Xxx Xxxxxxxxxxx Xxxxxxxx
Plan 76694
to all the same terms and conditions of the original lease signed on September
l, 1998. Basic Rent of $6.00 per square foot or $26,400.00 per annum, as
outlined in Article 5.01 of the lease to remain unchanged.
Page 2
IN WITNESS WHEREOF the parties hereto have executed this Agreement.
THE CORPORATE SEAL of the Landlord
was hereunto affixed
in the presence of
/s/
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/s/
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West-Bend Construction Ltd.
THE CORPORATE SEAL of the Tenant
was hereunto affixed
in the presence of
/s/
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/s/
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Spectrum Trading Inc.
