EXHIBIT 10.36 (COLUMBIANA COUNTY PORT AUTHORITY LETTERHEAD) FEBRUARY 26, 2003 Martin R. MacDonald, Sr. Vice President Probex Corporation 15510 Wright Bros. Dr. Addison, TX 75001 Dear Martin: The Columbiana County Port Authority will authorize an...Lease Purchase Agreement • March 12th, 2003 • Probex Corp • Blank checks
The Columbiana County Port Authority will authorize an extension of the lease purchase agreement until May 31, 2003 with payments due deferred until the option is exercised. However, the option renewal payment will not be credited toward the acquisition. All accumulated payments will be due upon execution of the option agreement.
