Lease Renewal Agreement between 35 Wilbur Street Associates, LLC and Advance Biofactures Corp.

Contract Categories: Real Estate › Lease Agreements
Summary

35 Wilbur Street Associates, LLC and Advance Biofactures Corp. have agreed to renew their lease for the premises at 35 Wilbur Street, Lynbrook, NY. The renewed lease will last for six months starting December 1, 2019, at a monthly rent of $12,073.95. All other terms from the original lease remain unchanged, except that a current certificate of liability insurance is required. Either party may terminate the lease with at least three months’ notice.

Read More Arrow
EX-10.3 4 ex10_3.htm EXHIBIT 10.3
Exhibit 10.3

35 Wilbur Street Associates, LLC
19 Wilbur Street
Lynbrook, NY 11563

November 6, 2019

Mr. Patrick Caldwell
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. Caldwell:

It is our understanding that you would like to renew the lease.  The current lease expires on November 30, 2019. As stated in the original lease, this lease may be terminated with a minimum of three months’ notice. We propose that the current terms of the lease remain in effect including all changes to date except where the following is concerned:


 1)
The lease will be renewed for 6 months. $12,073.95/ month.

A current copy of the certificate of liability insurance is required.

Sincerely yours,

Valorie Mancuso
Controller

Patrick Caldwell, CFO
Richard Arote Jr.
Advance Biofactures Corp.
35 Wilbur Street Assoc., LLC
   
/s/ Patrick Caldwell
/s/ Richard Arote Jr.