[International Wixom, LLC Letterhead] Page 1 of 1

EX-10.48 2 d397976dex1048.htm EXHIBIT 10.48 Exhibit 10.48

Exhibit 10.48

[International Wixom, LLC Letterhead]

        Page 1 of 1

 

   August 6, 2012
   Rockwell Medical, Inc.
    AFFILIATES:    Rob Chioini
   30142 Wixom Road
   Wixom, MI 48393

International Real

Estate, L.L.C.

    Re:     30142 Wixom Rd, Wixom, MI
   Dear Mr. Chioini,

Livonia International

Development, L.L.C.

    Per your request, our firm will renew your lease for the facility located at 30142 Wixom Road, for

a two (2) year Lease term. Our company is willing to discount your current rental rate as follows

for the term stated below:

Darryl Rogers

Holdings, L.L.C.

    30142 Wixom Road:

(2) Year                 September 1, 2012- August 31, 2014 $13,562.13 per month

All above Amounts subject to NNN per Month                            

Darin Investment Company, L.L.C.

    Your current escrow payment will be in addition to the above quoted rental amounts. This escrow

amount will be due each month thru December 31st of each year. At that time an escrow analysis

will be completed and the figure could change based upon actual expense.

International Beck

Associates, L.L.C.

    The above rate is based on a renewal of the lease in an “as is” condition. All other terms and

conditions of your original Lease Agreement dated October 23, 2000 and all subsequent renewals,

shall remain in full force and effect.

International-NRZ

Associates, L.L.C.

    First Right of Refusal: Tenant shall have First Right of Refusal to the facility located at 30126 Wixom

Road, Wixom, provided that the Tenant has not defaulted in the terms, conditions or covenants of

the original Lease Agreement, and subsequent renewals. Upon notice, Tenant shall provide a fully

executed Lease Agreement within three (3) days of submittal.

International-

Darin, L.L.C.

    This Lease Renewal Agreement shall be fully binding once executed by both Tenant and Landlord. This is a confidential document which is not to be discussed with any third parties.

11900 Middlebelt

Properties, Inc.

    Please feel free to contact my office ###-###-#### should you have any questions.
     
   Very truly yours,   
   International Wixom, LLC

 

International-

Wixom, LLC

   

 

Agreed to and Accepted By:

International Wixom, LLC

   

Agreed to and Accepted By:

Rockwell Medical, Inc

  

/s/ Darryl Rogers, Member

   

/s/ Rob Chioini, President

Colonial

Storage, L.L.C.

   

Darryl Rogers, Member

Date: August 14, 2012

FAX/SCAN/EMAIL COPY BINDING

   

Rob Chioini, President

Date: August 14, 2012

 

Construction Services   Development   Industrial Leasing   Sales/Leaseback   Interior Renovations
23179 Telegraph Rd   Southfield, Michigan 48033   248 ###-###-####   Fax ###-###-####