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EXHIBIT 10.122
[XXXX LOGO]
Xxxx Xxxxxx and Company, Inc.
000 Xxxxx Xxxxx, Xxxxxxx, XX 00000
(000) 000-0000 (000) 000-0000
February 25, 1998
Xx. Xxxxxxx Xxxxxx
c/o Xxxx Xxxxxx and Company, inc.
000 Xxxxx Xxxxx
Xxxxxxx, XX 00000
Re: Route 130 -- South Brunswick, NJ
Leases dated December 28, 1983 and March 7, 1988
Dear Xxxx:
Reference is made to the leases referred to above relating to warehouse,
distribution and office facilities on Xxxxx 000 xx Xxxxx Xxxxxxxxx, Xxx Xxxxxx
which Xxxx Xxxxxx and Company, Inc. leases from you.
Notice is hereby given of the exercise of the option relating to the
second renewal term provided under Section 23.02 of the lease dated December 28,
1983 and the corresponding exercise of the option provided under Section 24.01
of the first renewal option under the lease dated March 7, 1988.
Pursuant to the extension of the term of the leases pursuant to the
exercise of the options, each lease is extended for an additional 5-year period
commencing June 1, 1999 and ending May 31, 2004. Each of the leases has
remaining one additional 5-year option renewal extension of their terms which
may be exercised not later than May 31, 2003.
Please acknowledge receipt of this letter which exercises the options to
renew and extend the term of each of the leases referred to above by executing
below and returning a copy for our records.
Very truly yours,
XXXX XXXXXX AND COMPANY, INC.
By: /s/ Xxxx Xxxxxxxx
---------------------------
Xxxx Xxxxxxxx
Executive Vice President
ACKNOWLEDGE RECEIPT OF EXERCISE
OF OPTION TO EXTEND TERMS OF THE
LEASES REFERRED TO ABOVE.
By: /s/ Xxxxxxx Xxxxxx
---------------------------
Xxxxxxx Xxxxxx
Xxxxxxxx
