EXHIBIT 10.16
STANDARD INDUSTRIAL LEASE
ARTICLE I
PARTIES
This Lease, dated October 14, 1997, is made by and between Springs Industrial Group, LLC, owner of the
premises (the "Lessor") and Microlink Technologies Corp. (the "Lessee").
ARTICLE II
PREMISES
In consideration of the rents, covenants and agreements hereinafter reserved and contained on the part of the
Lessee to be observed and performed, Lessor hereby leases to Lessee and Lessee hereby rents from Lessor,
those certain Premises (the "Premises") known as 2291-C & D Waynoka Road, Colorado Springs, Colorado
80915, consisting of a space having measurements of approximately 50 feet in width and 80 feet in depth, totaling
approximately 4,000 square feet, for the term and upon the conditions and agreements hereinafter set forth, and
Lessor and Lessee hereby agree as follows:
ARTICLE III
TERM
The term of this Lease shall be for three years, commencing on November 1, 1997 and ending on October 31,
2000 unless sooner terminated pursuant to any provision hereof.
DELAY IN COMMENCEMENT. Notwithstanding said commencement date, if for any reason Lessor cannot
deliver possession of the Premises to Lessee on said date, Lessor shall not be subject to any liability thereof, nor
shall failure affect the validity of the Lease or the obligations of Lessee hereunder or extend the term hereof, but in
such case Lessee shall not be obligated to pay rent until possession of the Premises is tendered to Lessee;
provided, however, that Lessor shall not have delivered possession of the Premises within 10 days from said
commencement date. Lessee may, at Lessee's option, by notice in writing to Lessor within 10 days thereafter,
cancel this Lease, in which event the parties shall be discharged from all obligations hereunder. If Lessee occupies
the Premises prior to said commencement date, such occupancy shall be subject to all provisions hereof; such
occupancy shall not advance the termination date, and Lessee shall pay rent for such period at the ini