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Both Red Bobbin Sewing Salon and Ck of Ramsey intend to negotiate <br />diligently and enter into a formal lease agreement no later than October 21, 2009, We hope that <br />these terms are generally acceptable and that we can move forward in finalizing a lease, We also <br />hope you understand that this is a non - binding letter of intent and that the only binding <br />agreement between both parties will be the completed and signed Lease. <br />Please indicate your understanding and acceptance of these general terms by signing below and <br />returning to my attention. <br />TENANT: /1 _ r BUILDING OWNER: <br />Thank you, <br />Marty Fisher <br />Direct (763) 862 -2005 Fax (763) 862 -1925 <br />Page 3 of 3 <br />