EX-10.21 5 dex1021.htm LEASE OF FACILITIES DATED FEBRUARY 7, 2005 IN MANNO, SWITZERLAND Lease of Facilities dated February 7, 2005 in Manno, Switzerland

Exhibit 10.21

 

To the attention of Dr. Fausto Petrini

 

Manno, February 7, 2005

 

RE: Lease of area number 7 – Centro Galleria 1 - Manno

 

Dear Mr. Petrini,

 

As agreed with our Mr. Graziano Marra, we hereby confirm the lease of the captioned area, and specifically

 

Situation:    Galleria 1 in Manno
Area:    # 7 of 28.19 sqm, at the first floor –highlighted in yellow on the attached map
Use:    Warehousing
Lease:    4,200 CHF (four thousands and two hundreds Swiss franks) per year, expenses included, VAT excluded.
Effective as of    March 1, 2005
Duration:    as to the terms of the current lease contract
Consignment:    the area is consigned as it is
Miscellaneous:    Overhauling costs sustained to move the material property of the Hope Modellismo AG presently stored into the captioned area will be charged to NAIE SA

 

For all other contractual aspects, reference is made to the current lease contract dated July 25, 2003.

 

Thank you for signing the present letter for acceptance and mailed to our offices.

With best regards,

 

NAIE SA

   SILVIO TARCHINI

Manno

   Manno

 

For acceptance