Rent Review Memorandum between Rootmead Limited, Beldray Limited, and Krug International (UK) Limited dated August 30, 2000

Summary

This agreement records the updated rent terms for a lease between Rootmead Limited (landlord), Beldray Limited (tenant), and Krug International (UK) Limited (surety). Effective from June 24, 1999, the basic rent is set at £304,219 per year and the heating rent at £15,781 per year, subject to further review as per the lease. The lease covers property at Barton Industrial Estate, Bilston, West Midlands, for a 35-year term starting March 25, 1979. All parties have executed the memorandum as a deed.

EX-10.1 5 g72504ex10-1.txt RENT REVIEW MEMORANDUM EXHIBIT 10.1 RENT REVIEW MEMORANDUM - -------------------------------------------------------------------------------- DATED 30th day of August 2000 - -------------------------------------------------------------------------------- THE LANDLORD ROOTMEAD LIMITED whose registered office is at: 8 Baker Street, London W1M 1DA - -------------------------------------------------------------------------------- THE TENANT BELDRAY LIMITED whose registered office is at: PO Box 20, Beldray Road, Bilston, West Midlands, WV14 7NF - -------------------------------------------------------------------------------- THE SURETY KRUG INTERNATIONAL (UK) LIMITED whose registered office is at: PO Box 20, Beldray Road, Bilston West Midlands, WV14 7NF - -------------------------------------------------------------------------------- By this Memorandum the Landlord and the Tenant and the Surety desire to record the fact that the Basic Rent and Heating Rent reserved by the Lease, brief particulars whereof appear below, have been reviewed in accordance with the provisions in that behalf therein contained and on and from 24 June 1999 (subject to further review in accordance with clause 5 of the Lease) are The Basic Rent: L.304,219 per annum The Heating Rent: L.15,781 per annum

Executed as a deed by the Landlord acting by Director Director Executed as a deed by the Tenant acting by Director /s/ Marshall Cooper Director/Secretary /s/ Paul Jones Executed as a deed by the Surety acting by Director /s/ Alistair S. Firth Director /s/ Robert M. Thornton, Jr.