EXHIBIT 10.37
▇▇▇▇▇ ▇▇▇▇▇ Industrial Properties, Inc.
▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇
▇▇▇.▇▇▇.▇▇▇▇ fax ▇▇▇.▇▇▇.▇▇▇▇
▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
V-B
45001-1
#3291
February 8, 2006
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇.
▇▇▇▇▇ ▇▇▇▇▇
ACCURATE TECHNOLOGIES
▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
RE: Lease dated April 2, 2001 and Extension Letter
Dated April 22, 2004 between ▇▇▇▇▇ Industrial Properties,
Inc. and ▇▇▇▇▇▇▇ Trust, Landlord and ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇▇▇▇▇▇, ▇▇. and ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ dba Accurate
Technologies. Tenant, covering ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇.
Gentlemen:
This letter will confirm that the parties are extending the above referenced
lease for a period of one (1) additional year commencing June 1, 2006 and
continueing through May 31, 2007. All terms and conditions of the original lease
shall remain the same during the extended period except for any options to
extend (which are of no further force and effect) including the rent which shall
remain at SIX THOUSAND THREE HUNDRED AND NO/100 DOLLARS ($6,300.00) per month.
The Security Deposit in the amount of SIX THOUSAND THREE HUNDRED AND NO/100
DOLLARS ($6,300.00) shall also remain the same as per the lease.
If the above meets with your understanding and approval, please sign and date in
the space provided below and return all copies to the undersigned. We will
forward an executed copy to you for your files.
Very truly yours,
▇▇▇▇▇ INDUSTRIAL PROPERTIES, INC.
As Agent for Via ▇▇▇▇▇▇ Associates
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇
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▇▇▇▇ ▇▇▇▇▇▇▇, Director of Marketing
(Additional signatures continued on following page)
February 8, 2006
Accurate Technologies Extension Letter
Page 2
ACCEPTED AND APPROVED THIS 14TH ACCEPTED AND APPROVED THIS 14TH
DAY OF FEB, 2006 DAY OF FEB, 2006
▇▇▇▇▇ INDUSTRIAL PROPERTIES, INC.
a California corporation
/s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ By /s/ ▇.▇. ▇▇▇▇
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▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, an individual ▇.▇. ▇▇▇▇, ▇▇., CEO
/s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ By /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, an Individual ▇▇▇▇▇▇▇ ▇. ▇▇▇▇, President
TENANT
▇▇▇▇▇▇▇ TRUST dated August 14, 1985
By /s/ ▇.▇. ▇▇▇▇, ▇▇.
▇.▇. ▇▇▇▇, ▇▇., Authorized Agent
LANDLORD