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EXHIBIT 10.41
SHORT FORM OF LEASE
LEASE AGREEMENT, made between BALDWIN & KLEIN CORPORATION (landlord)
and P & A REMEDIATION, LLC. (tenant).
For good consideration it is agreed between the parties as follows:
1. Landlord hereby leases and rents to Tenant the premises described as
follows:
Office building, shop building and three acre (+/-) yard
located at 408 South Highway 79, Olney, Texas
2. This Lease shall be in effect for a term of six months, commencing on
January 1, 2000 and terminating on June 30, 2000..
3. Tenant shall pay for the benefit of Landlord, as the rental due, the
costs of upkeep and maintenance, and make whatever capital improvements are
needed to fit the use and needs of Tenant, during said term.
4. Tenant shall, at its own expense, provide any and all utilities.
Landlord shall, at its own expense, provide none.
5. LANDLORD AND Tenant further agree that:
a) Upon the expiration of the lease it will return possession of
the leased premises in its present condition, reasonable wear
and tear, and fire casualty excepted. Tenant shall commit no
waste to the leased premises.
b) Tenant may make any material or structural alterations to the
leased premises without the Landlord's consent. It shall
comply with all building, zoning and health codes and other
applicable laws for said leased premises.
c) Tenant shall not conduct a business deemed extra hazardous, a
nuisance or requiring an increase in fire insurance premiums.
Tenant warrants the leased premises shall be used only for the
following type business: (describe) OIL WELL PLUGGING FIELD
OFFICE, OR ANY AND ALL USES DEEMED PRUDENT BY TENANT.
d) In the event of any breach of the payment of rent or any other
allowed charge, or other breach of this lease, Landlord shall
have full rights to terminate this Lease in accordance with
state law and re-enter and claim possession of the leased
premises, in addition to such other remedies available to
Landlord arising from said breach.
6. This Lease shall be binding upon and inure to the benefit of the
parties, their successors, assigns and personal representatives.
7. Additional lease terms:
Signed AS IF, ALTHOUGH NOT ON, this 1st day of January, 2000.
BALDWIN & KLEIN CORPORATION
By:/s/
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Landlord
P & A REMEDIATION, LLC.
By: /s/ RICHARD C. SMITH
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Tenant
