METRO II & III (G.P.)
July 13th, 1999
SPEIZMAN CANADA INC.
000, Xxxxx Xxxxxxxx
Xxxxx 0000
Xxxxxxxx XX X00X 0X0
Attention: Xx. Xxx XxXxxxxx, Chief Financial Officer
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Subject: Termination of the lease dated March 1st, 1999 and renewed until
February 28th, 2000, for the Leased Premises at 0000
Xxxxxxxxxxxx xxxx, Xxxxx X, xx xxx Xxxx of Saint-Xxxxxxx,
Province of Quebec
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Dear Sir:
Further to our telephone conversation of yesterday, we hereby confirm our
agreement:
1) your corporation shall vacate the leased premises no later than
September 30th, 1999;
2) your corporation shall pay to the Landlord, Metro II & III
(G.P.), the rent and all other sums due under the lease until
December 31st, 1999; and
3) the lease, as extended until February 28th, 2000, shall be
terminated and resiliated, as of December 31st, 1999.
Please indicate your agreement with the foregoing by signing this present letter
and returning one (1) copy per facsimile at your earliest convenience.
Sincerely,
METRO II & III (G.P.)
/s/ Xxxxxx Xxxxxxx
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We, the undersigned, Speizman Canada Inc., hereby agree with the terms of this
letter. Signed and accepted at Charlotte, NC (USA), on this 14 day of the month
of July, 1999
/s/ Xxx XxXxxxxx
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Per: Xx. Xxx XxXxxxxx