Exhibit 10.04
Peekskill
July 6, 2007
Xxxxx Xxxxxx
Gang Realty, LLC
c/o Decorative Product Source, Inc.
0 Xxxxxx Xxxxx, Xxxxx 0
Xxxxxx, XX 00000
Subject: Exercise of Option to Renew for
period of five (5) years ending August 31,
2013
Premises: XXXXXXXXX, Xxx Xxxx, 0000-0000
Xxxxxx Street (Approximately 7,090 square
feet as described in Schedule A of the
September 1, 1998 Lease Agreement)
Lease History:
a. Assumption (and Modification)
of Lease dated September 30, 2003
(the "Assumption of Lease
Agreement")
b. Lease dated September 1, 1998
(the "Lease Agreement")
Dear Xx. Xxxxxx:
With regards to the above Lease Agreement and amendments and/or modifications
thereto, by and between Gang Realty, LLC ("Landlord") and The RAL Supply Group,
Inc. ("Tenant"), Tenant hereby exercises its option to renew for five (5) years
terminating on August 31, 2013 pursuant to paragraph 1.3 of the referenced Lease
Agreement and amendments and/or modifications thereto.
Landlord hereby accepts Tenant's exercise of its option to renew for the
aforementioned five (5) years terminating on August 31, 2013, the same as if
said option were exercised in accordance with the terms of the Lease Agreement
and amendments and/or modifications thereto.
The validity of the Lease Agreement and amendments and/or modifications thereto
shall be governed by the laws of the State of New York.
All other terms and conditions of the aforementioned Lease Agreement and
amendments and/or modification thereto shall remain in full force and effect.
If this agrees with your understanding, kindly sign below.
Sincerely, Agreed and Accepted:
The RAL Supply Group, Inc. Gang Realty, LLC
f/k/a RAL Purchasing Corp.
By: /s/ Xxxxxxx Xxxxxx By: /s/ Xxxxx Xxxxxx
------------------------------ ----------------------------------
Xxxxxxx Xxxxxx, Executive VP Xxxxx Xxxxxx, Managing Member
(President)
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