EXHIBIT 10.37
Xxxxx Xxxxx Industrial Properties, Inc.
000 Xxxx Xxxxxxxxxxxx Xxxxxx
Xxxxxxx, Xxxxxxxxxx 00000-0000
000.000.0000 fax 000.000.0000
xxx.xxxxxxxxxxxx.xxx
V-B
45001-1
#3291
February 8, 2006
Xxxxxxx Xxxxxxxx, Xx.
Xxxxx Xxxxx
ACCURATE TECHNOLOGIES
0000 Xxx Xxxxxx Xxxxxx
Xxxxxxx, XX 00000
RE: Lease dated April 2, 2001 and Extension Letter
Dated April 22, 2004 between Xxxxx Industrial Properties,
Inc. and Xxxxxxx Trust, Landlord and Xxxxxxx Xxxxxx
Xxxxxxxx, Xx. and Xxxxx Xxxxxxx Xxxxx dba Accurate
Technologies. Tenant, covering 0000 X. Xxxxxxxxx
Xxxxxx, Xxxxxxx, Xxxxxxxxxx 00000.
Gentlemen:
This letter will confirm that the parties are extending the above referenced
lease for a period of one (1) additional year commencing June 1, 2006 and
continueing through May 31, 2007. All terms and conditions of the original lease
shall remain the same during the extended period except for any options to
extend (which are of no further force and effect) including the rent which shall
remain at SIX THOUSAND THREE HUNDRED AND NO/100 DOLLARS ($6,300.00) per month.
The Security Deposit in the amount of SIX THOUSAND THREE HUNDRED AND NO/100
DOLLARS ($6,300.00) shall also remain the same as per the lease.
If the above meets with your understanding and approval, please sign and date in
the space provided below and return all copies to the undersigned. We will
forward an executed copy to you for your files.
Very truly yours,
XXXXX INDUSTRIAL PROPERTIES, INC.
As Agent for Via Xxxxxx Associates
/s/ Xxxx Xxxxxxx
--------------------------
Xxxx Xxxxxxx, Director of Marketing
(Additional signatures continued on following page)
February 8, 2006
Accurate Technologies Extension Letter
Page 2
ACCEPTED AND APPROVED THIS 14TH ACCEPTED AND APPROVED THIS 14TH
DAY OF FEB, 2006 DAY OF FEB, 2006
XXXXX INDUSTRIAL PROPERTIES, INC.
a California corporation
/s/ Xxxx Xxxxxxxx By /s/ X.X. XXXX
----------------- ----------------------------
XXXXXXX XXXXXX XXXXXXXX, an individual X.X. XXXX, XX., CEO
/s/ Xxxxx Xxxxxxx Xxxxx By /s/ Xxxxxxx X. Xxxx
------------------------------- ------------------------------
XXXXX XXXXXXX XXXXX, an Individual XXXXXXX X. XXXX, President
TENANT
XXXXXXX TRUST dated August 14, 1985
By /s/ X.X. Xxxx, XX.
X.X. XXXX, XX., Authorized Agent
LANDLORD