Free lease termination agreement 29Free lease termination agreement 29
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LEASE TERMINATION AGREEMENT
This agreement is dated ______________, 2010 and is between JR Leasing, Inc.,
a California corporation (the “Tenant”) and the County of Contra Costa, a political
subdivision of the State of California (the “County”).
RECITALS
A. Tenant and County are parties to a lease dated December 20, 1994 (the “Lease”).
Under the Lease, County leased to Tenant a parcel of land near and to the north of
the Buchanan Field Airport in Concord, California for non-aviation commercial
development (the “Premises”).
B. By its terms, the Lease will terminate March 31, 2012.
C. Tenant has requested that County agree to terminate the Lease effective
December 1, 2009. Upon the satisfaction of the conditions set forth herein,
County has agreed to permit the early termination of the Lease.
The parties therefore agree as follows:
AGREEMENT
1. All terms used but not defined herein have the definitions ascribed to them in the
Lease.
2. The last day of the Lease is December 1, 2009.
3. Ten