STANDARD FORM COMMERCIAL LEASECommercial Lease • July 24th, 2006 • Ceramics Process Systems Corp/De/ • Pottery & related products
Parties. GIFFORD INVESTMENTS, INC., a Massachusetts corporation, having an address at 111 South Worcester Street, Norton, Massachusetts 02712 (the "Lessor") does hereby lease to CERAMICS PROCESS SYSTEMS CORPORATION, a Delaware corporation, having an address at 111 South Worcester Street, Norton, Massachusetts 02712 (the "Lessee"), and Lessee hereby leases the premises described in Section 2. Leased Premises. Approximately 37,520 square feet of rentable space, located on approximately seven (7) acres of land (the "Property"), which shall include all buildings (the main building, building #4 and the garage, but shall exclude Lessor`s remediation system in building #4), driveways for access and egress, and parking areas located at 111 South Worcester Street, Norton, Massachusetts (the "Leased Premises"). Term. The term of this Lease shall be for ten (10) years, commencing as of March 1, 2006 and ending on February 29, 2016 (the "Term"). Rent. The Lessee shall pay to the Lessor fixed rent
