July 10, 1998
1225 Building, LLC VIA FACSIMILE AND OVERNIGHT UPS
Attn: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇, Manager
▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇
Re: Exercise of Option to Purchase Premises
located at ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
(formerly ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇), ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇
Dear Ladies and Gentlemen:
Pursuant to that certain Lease Agreement (the "Lease") dated July
16, 1993 by and between Staodyn, Inc., as tenant, and you, as landlord,
concerning the premises more fully described in the Lease and commonly now
known as ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (formerly known as ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇) in
the City of Longmont, County of Boulder, State of Colorado (the "Premises"),
Staodyn is hereby providing you its written notice that it is exercising its
option to purchase the Premises as set forth in Section 20 of the Lease on or
before July 10, 1999.
We anticipate examining title to the Premises shortly and will advise you if
we encounter any title issues in the course of our examination. We will
attempt to communicate with you during the course of preparing for closing to
ensure as smooth a closing as possible.
As I am certain you are aware, Staodyn recently was acquired by Rehabilicare
Inc., a Minneapolis-based company. Staodyn is now a wholly-owned subsidiary
of Rehabilicare Inc. Accordingly, all further notices and communications
regarding the Lease, including those related to Staodyn's purchase of the
Premises, should be addressed to:
▇▇▇▇▇ ▇▇▇▇▇▇, CEO
Rehabilicare Inc.
▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇
▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Please feel free to call me should you have any questions in regards to
Staodyn's intended purchase of the Property.
Very truly yours,
▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Chief Executive Officer
DBK/cr
July 10, ▇▇▇▇
▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇. VIA OVERNIGHT UPS
c/o Dorisine ▇▇▇▇▇▇▇▇▇
▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Re: Exercise of Option to Purchase Premises
located at ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
(formerly ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇), ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇
Dear Ladies and Gentlemen:
Pursuant to that certain Lease Agreement (the "Lease") dated July 16,
1993 by and between Staodyn, Inc., as tenant, and you, as landlord,
concerning the premises more fully described in the Lease and commonly now
known as ▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (formerly known as ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇) in
the City of Longmont, County of Boulder, State of Colorado (the "Premises"),
Staodyn is hereby providing you its written notice that it is exercising its
option to purchase the Premises as set forth in Section 20 of the Lease on or
before July 10, 1999.
We anticipate examining title to the Premises shortly and will advise you if
we encounter any title issues in the course of our examination. We will
attempt to communicate with you during the course of preparing for closing to
ensure as smooth a closing as possible.
As I am certain you are aware, Staodyn recently was acquired by Rehabilicare
Inc., a Minneapolis-based company. Staodyn is now a wholly-owned subsidiary
of Rehabilicare Inc. Accordingly, all further notices and communications
regarding the Lease, including those related to Staodyn's purchase of the
Premises, should be addressed to:
▇▇▇▇▇ ▇▇▇▇▇▇, CEO
Rehabilicare Inc.
▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇
▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Please feel free to call me should you have any questions in regards to
Staodyn's intended purchase of the Property.
Very truly yours,
▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Chief Executive Officer
