Amended Agreement of Lease, dated as of August 14, 2018, among the Company, ABC-NY and 35 Wilbur Street Associates
EX-10.1 2 ex10_1.htm EXHIBIT 10.1
Exhibit 10.1
35 Wilbur Street Associates, LLC
19 Wilbur Street
Lynbrook, NY 11563
August 14, 2018
Mr. Thomas Wegman
Advance Biofactures Corp.
35 Wilbur Street
Lynbrook, NY 11563
| Re: | Lease dated November 21, 2013 between 35 Wilbur Street Assoc., LLC and Advance Biofactures Corp., premises; 35 Wilbur Street, Lynbrook, NY 11563. |
Dear Mr. Wegman:
It is our understanding that you would like to renew the lease. The current lease expires on November 30, 2018. We propose that the current terms of the lease remain in effect except where the following is concerned:
| 1) | The lease will be renewed for 1 (one) year at the rate of $137,994 annually. $11,499.50/ month. |
| — | This will be less 14.89% of the utilities. |
A current copy of the certificate of liability insurance is required.
Sincerely yours,
Valorie Mancuso
Controller
| Thomas Wegman, President | Richard Arote Jr. |
| Advanaced Biofactures Corp. | 35 Wilbur Street Assoc. LLC |
| /S/ Thomas Wegman | /S/Richard Arote Jr. |
