Lease Extension Agreement between Freeport Center Associates and Gardenburger, Inc.
This agreement is between Freeport Center Associates and Gardenburger, Inc. It confirms that Gardenburger, Inc. is exercising its option to renew the original lease, extending the lease term for five years from January 1, 2003, to December 31, 2007. The extension follows the terms and conditions set in the original lease agreement.
EXHIBIT 10.12
LEASE EXTENSION AGREEMENT
BY AND BETWEEN FREEPORT CENTER ASSOCIATES
AND GARDENBURGER, INC.
October 17, 2002
Mr. Stephen L. Barrett
General Manager
Freeport Center Associates
P.O. Box 160466 — Freeport Center
Clearfield, Utah 84016-0466
Re: Lease Renewal
Dear Steve:
Pursuant to the lease between and with Gardenburger, Inc. and Freeport Center Associates and your letter dated October 16, 2002, Gardenburger, Inc. hereby exercises the renewal option of the original lease dated May 28, 1997, for the five-year period from January 1, 2003 through December 31, 2007. This extension of the lease is in accordance with the terms and conditions as specified in the lease.
| Sincerely, |
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| /s/ James W. Linford |
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| James W. Linford |
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| Chief Operating Officer |
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| Gardenburger, Inc |
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