THIS SUBLEASE (the “Sublease”), entered into as of this 16th day of December, 2000, is by
and between Mypodiamond, Inc., a Delaware corporation, having its principal office and place of business at
200 North Repauno Ave., Gibbstown, New Jersey 08027 (“SUBLANDLORD”), and Dynamic Materials
Corporation, a Delaware corporation, having its principal office and place of business at 551 Aspen Ridge Drive,
Lafayette, Colorado 80026 (“SUBTENANT”).
(a) On March 31, 1999, SUBLANDLORD purchased the assets of the polycrystaline
industrial diamond business (the “Business”) from E.I. Dupont de Nemours & Company (“Dupont”);
(b) Dupont is a tenant with respect to a lease dated October 19, 1985 (the “Owner
Lease”) with the Daniel Harper Estate as fee simple owners (“Owners”) of an approximately 378 acre tract of
land situate in Fayette County, Pennsylvania (the “Dunbar Facility”), of which approximately 27 acres (which
includes the right to use the Blue Stone Mine (“Blue Stone Mine”) located thereon (collectively with the Blue
Stone Mine the “Leased Premises”) is used in the Business;
(b) On July 22, 1996, Dupont sold its explosion bonding clad metal business (“Explosion
Business”) to SUBTENANT and entered into a sublease with SUBTENANT for the Leased Premises (the
(c) Dupont and Owners have terminated the Owner Lease as of December 16, 2000;
(d) SUBLANDLORD entered into a new lease with Owners effective December 16, 2000
(“Master Lease”) for the Dunbar Facility.
(e) SUBLANDLORD wishes to enter into a new sublease with the SUBTENANT.
Therefore, it is the intent of the parties hereto that SUBLANDLORD shall sublease the Leased
Premises to SUBTENANT upon and subject to the conditions and limitations herein.
NOW, THEREFORE, incorporating the foregoing Background herein by this reference, the
parties hereto, intending to be legally bo