EXHIBIT 10.13(a)
NELCO
HITEC
January 8, 1996
Xxxxxxx Xxxxx
c/o: NZ Properties, Inc-Director of Operations
NEW MEXICO AND ARIZONA LAND COMPANY
0000 Xxxxx Xxxxx-Xxxxxx Xxxxxx, Xxxxx 000
Xxxxxxx, Xxxxxxx 00000
Dear Xxxxxxx,
Pursuant To Paragraph 55 of the Lease dated December 12, 1990 between
NZ Properties, Inc. (as Lessor) and NelTec, Inc. (as Lessee) for the
premises commonly known as 0000 Xxxx 00xx Xxxxx, Xxxxx, Xxxxxxx, 00000,
NelTec, Inc. hereby notifies NZ Properties, Inc. that it is exercising
its option to renew the Lease for a period of five (5) years commencing
on June 1, 1996 and ending on May 31, 2001.
Please advise us as to the amount of the rental adjustment applicable
to the renewal period once you are able to make that determination
following the availability of the appropriate information. Until such
time as we receive such notification we will continue to pay monthly
rental in the same amount presently in effect.
Please call to discuss any questions pertaining to this renewal, and
I look forward to hearing from you soon.
Sincerely,
NELTEC,INC.
Xxx Xxxxx
General Manager
cc: Xxxxx Xxxxxxxx, Park Electrochemical
Xxxx Xxxxx, Nelco International Corporation
Xxx Xxxxxxx, Nelco International Corporation
MS/jam
[exh1013a]
0000 X. 00xx Xxxxx - Xxxxx, Xxxxxxx 00000
(000) 000-0000 - FAX: (000) 000-0000
