January 25, 2001 NZ Properties, Inc. c/o NEW MEXICO AND ARIZONA LAND COMPANY 3033 North Forty-Fourth Street, Suite 270 Phoenix, Arizona 85018 Attention: Randy Stolworthy, President of NZ Properties, Inc. Dear Mr. Stolworthy:Park Electrochemical Corp • May 12th, 2006 • Printed circuit boards
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 1420 West 12th Place, Tempe, Arizona 85281, 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, 2001 and ending on May 31, 2006.
February 14, 2006 REB Ltd. 12th Place, LLC 123 N, Centennial Way Suite 112 Mesa, AZ 85201 Attention: Carolyn Weber. Real Estate Portfolio Manager Ladies and Gentlemen:Park Electrochemical Corp • May 12th, 2006 • Printed circuit boards
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 1420 West 12th Place, Tempe, Arizona 85281, Neltec, Inc. hereby notifies REB Ltd. and 12th Place, LLC that it is exercising its option to renew the Lease for a period of five (5) years commencing on June 1, 2006 and ending on May 31, 2011.
