Heidelberg Lease Agreement (English Language Summary)
Exhibit 10.13
Heidelberg Lease Agreement
(English Language Summary)
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Name of Lease: |
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Immobilien Mietvertrag (Object 1, Object 2) |
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Parties to Lease: |
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Xxxxxxx GmbH |
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Date of Lease: |
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December 21, 1984 |
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Termination Date of Lease: |
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December 31, 2013 |
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Location/ Property Leased: |
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Xxxxxxxxxxxxxx
00 |
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Size of Space: |
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49,249 Sq. Ft. |
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Payments: |
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$14,635 per month |
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Right to Terminate: |
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None, other than breach of agreement. |
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Option to Extend: |
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May be extended upon the agreement of the parties. |
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Transfer or Assignment: |
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No right to transfer or assign. |
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Uses allowed: |
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Production of industrial products and operation of a warehouse. |
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Additional Terms: |
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Xx Xxxxxxxxxxx and/or Xx. Xxxxxx (former owners of Xxxxxxx GmbH) have an option to buy Carola Grundstücksverwaltungs Gmbh which may only be exercised in the calendar year 2005. |
