Lease Extension Agreement between Casella Waste Management, Inc. and Casella Associates, Inc. (April 23, 2013)
Casella Waste Management, Inc. and Casella Associates, Inc. have agreed to extend two existing lease agreements for properties in Montpelier and Rutland, Vermont. The extension covers a five-year period from April 30, 2013, to April 30, 2018. The agreement also waives the usual notice requirement for the extension. Both parties have signed to confirm their acceptance of these terms.
Exhibit 10.29
casella
waste systems inc
25 greens hill lane
rutland, vermont 05701
(802) 775-0325
(802) 775-6198 fax
April 23, 2013
John W. Casella
Casella Associates, Inc,
25 Greens Hill Lane
Rutland, VT 05701
| Re: | Extension of Lease Agreements |
Dear John,
The purpose of this letter is to request an extension of the following lease agreements in place between Casella Associates, Inc., and Casella Waste Management, Inc. (“CWM”):
Lease Agreement dated August 1, 1993, and amended on December 9, 1994, and March 13, 2008, for property located in Montpelier, Vermont
Lease Agreement dated August 1, 1993, and amended on November 20, 1997, and March 13, 2008, for property located in Rutland, Vermont
As set forth the Amendment to Lease Agreement dated March 13, 2008, Section 2 was amended to update the initial term through April 30, 2013. CWM has the option to extend the initial term for two (2) successive five (5) year periods by giving written notice not less than sixty (60) days prior to the expiration of the initial term. CWM requests that you waive notice requirement and extend the lease for next five (5) year period beginning April 30, 2013 and extending through April 30, 2018.
Your signature below constitutes approval of the waiver request and the five (5) year extension of both lease agreements.
| Sincerely,
Casella Waste Management, Inc. |
| /s/ Edmond Coletta |
| Edmond Coletta, Vice President |
| ACKNOWLEDGED, ACCEPTED AND AGREED TO BY: |
| /s/ John W. Casella |
| John W. Casella |
