RENAULT & HANDLEY
INDUSTRIAL & COMMERCIAL REAL ESTATE
This Lease, executed in duplicate at Palo Alto, California, this 6th day of April, 2000, by and between
Renault & Handley Employees Investment Co.
and Drexler Technology Corporation, a Delaware corporation,
hereinafter referred to respectively as "Lessor" and "Lessee" without regard to number or gender.
PREMISES 1. WITNESSETH: That Lessor hereby leases to Lessee, and Lessee hires from Lessor, those
certain premises, hereinafter referred to as "the Premises," situated in the City of Mountain View, County of
Santa Clara, State of California, and more particularly described as follows:
An approximate 80,000 square foot parcel improved with an industrial building of approximately 27,000 square
feet and further identified as 2644-2648 East Bayshore Frontage Road.
USE 2. The Premises shall be used and occupied by Lessee solely for the following purposes: the design and
manufacturing of data storage media systems and legally related uses and for no other purpose without the prior
written consent of Lessor.
TERM 3. The term shall be for six years, commencing on the 1st day of June 2000, and ending on the 31st day
of May 2006.
RENTAL 4. Monthly Base Rent shall be payable to the Lessor without defense, deduction or offset at the
address set forth in paragraph 23 below, or at such other place or places as may be designated from time to time
by the Lessor, in the following amounts:
Fifty-Four Thousand and No/100th Dollars ($54,000.00) shall be due upon execution of this lease representing
rental due June 1st 2000. Fifty-Four Thousand and No/100ths Dollars ($54,000.00) shall be due on July 1st
2000 and on the first day of each and every month through May 1st 2001. Fifty-Six Thousand Seven Hundred
Fifty and No/100ths Dollars ($56,700.00) shall be due on June 1st 2001 and on the first day of each and every
month through May 1st 2002. Fifty-Nine Thousand Four Hundred and No/100th Dollars (59,400.00) shall be