Amendment to Tenancy Agreement Between BEST I.Q., Inc. and Cerprobe Corporation (September 2000)
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This amendment to the tenancy agreement is between BEST I.Q., Inc. (landlord) and Cerprobe Corporation (tenant) regarding property in Penang, Malaysia. The amendment changes the deadline for Cerprobe to complete $300,000 in property improvements from November 1, 2000, to February 1, 2001. Both parties have agreed to this new completion date, and all other terms of the original tenancy agreement remain unchanged.
EX-10.KKK 5 p63766ex10-kkk.txt EX-10.KKK 1 Exhibit 10(KKK) [Cerprobe Corporation Letterhead] September 15, 2000 Mr. Isam Qubain BEST I.Q., Inc. 1248 Reamwood Avenue Sunnyvale, CA Re: Tenancy Agreement between BEST I.Q., Inc. and Cerprobe Corporation for the premises including the piece of land and hereditaments known as Lot No. P.T. No. 2878, Mukim 12, Daerah Barat Daya Penang held under Suratan Hakmilik Sementara No. H.S. (D) 8658 together with a single story building bearing Premises No. Plot 47 Phase IV, Jalan Bund, 11900 Bayan Lepas, Penang. Dear Mr. Qubain: Cerprobe Corporation has hired architects and contractors to complete improvement to the premises per the terms of the Tenancy Agreement. The estimated cost of the improvements undertaken by Cerprobe exceeds $400,000. Per our construction schedule, the planned completion of all improvements is during January 2001. Per the eighth (8th) paragraph of Section 2 in the Tenancy Agreement, Cerprobe is to complete $300,000 in improvements before November 1, 2000, or pay a lump sum of cash to you, the landlord. Cerprobe will be unable to complete all improvements by the November 1, 2000 date. We are requesting an amendment to the completion requirements are in the Tenancy Agreement; changing the date from November 1, 2000 to February 1, 2001. Please sign the attached Amendment and return a fully executed copy to my attention. Should you have any questions or concerns, please feel free to contact me at ###-###-####. Kind Regards, /s/ Daniel J. Hill Daniel J. Hill Executive Vice President & COO DJH/jb encl. cc: Nasser Barabi Paul Tullis 2 AMENDMENT 1 TO TENANCY AGREEMENT Reference: Tenancy Agreement between BEST I.Q., Inc. and Cerprobe Corporation for the premises including the piece of land and hereditaments known as Lot No. P.T. No. 2878, Mukim 12 Daerah Barat Daya Penang held under Suratan Hakmilik Sementara No. H.S. (D) 8658 together with a single story building bearing Premises No. Plot 47 Phase IV, Jalan Bund, 11900 Bayan Lepas, Penang. In the eighth (8th) paragraph of Section 2 of the Tenancy Agreement, sentence two, change the wording from: "on or before November 1, 2000", to "on or before February 1, 2001". Signed By: Signed By: /s/ Daniel J. Hill /s/ Isam Qubain - -------------------------- -------------------------- Daniel J. Hill Isam Qubain For Cerprobe Corporation For BEST I.Q., Inc. Sept. 15, 2000 Sept. 18, 2000 - -------------------------- -------------------------- Date Date