Lease Renewal Notification Letter between Monro Muffler Brake, Inc. and The Three Marquees (March 6, 2006)

Summary

Monro Muffler Brake, Inc. notifies The Three Marquees of its intent to renew the lease for the property at 118 Back River Neck Road, Essex, MD, for a ten-year period starting January 1, 2007, and ending December 31, 2016. The annual rent will increase each year based on the Consumer Price Index for Urban Consumers, with a minimum increase of 3.5% and a maximum of 7%. The tenant retains one additional ten-year renewal option after this term.

EX-10.83C 4 l20716aexv10w83c.htm EX-10.83C RENEWAL LETTER EX-10.83C RENEWAL LETTER

Exhibit 10.83c

March 6, 2006

Via Facsimile and Certified Mail — Return Receipt Request

Mr. Frederic A. Tomarchio
The Three Marquees
P.O. Box 55
Glenelg, MD 21737


RE:		Lease Agreement dated January 1, 1997 by and between The Three Marquees (“Landlord”) and Monro Muffler Brake, Inc., successor-in-interest to Mr. Tire, Inc. (“Tenant”) for premises situate at 118 Back River Neck Road, Essex, MD [MMB #758]

Dear Fred:

Please accept this letter as Monro Muffler Brake, Inc.’s official notification of our intent to renew said lease agreement for the ten-year renewal period commencing on January 1, 2007 and expiring December 31, 2016. The rent for said renewal shall be increased annually by the Consumer Price Index for all Urban Consumer. The adjustment shall be no less than 3.5% per year and no more than 7% per year.

Tenant shall have one ten-year renewal option remaining.

Please do not hesitate to contact me at ###-###-#### if you have any questions relative to the renewal.

Yours truly,

Thomas M. Aspenleiter
VP Real Estate

TMA:mc