ex10-32





 







Exhibit 10.32


 


 


December 18,
2019

 


Mr. Alejandro Coronado Castro


MERTECH,
SOCIEDAD ANÓNIMA


Address: 16 calle
9-23, zona 14


Ciudad
de Guatemala


 


Reference: Renewal of the Lease
Agreement, Unit 1101-T2


 

 


Dear
Mr. Coronado,

 


On
behalf of AW GUA, Limitada, we are contacting you as representative
of MERTECH, Sociedad Anónima, in reference to the Lease
Agreement executed under indenture number 8, authorized on June 1,
2016 by Manuel Humberto Juárez Oliva, Notary, whereby AW GUA,
Limitada leased the property owned by MERTECH, Sociedad
Anónima, as indicated in such Agreement. We refer to clause
"THIRD" paragraph "A", regarding the term of the lease, which
literally states: "the fixed term
of the lease shall be three years, nine months and thirty days,
compulsory for both parties, and will begin June 1, 2016 and will
expire March 31, 2020. This term may be renewed, provided, however,
the parties decide to renew it ninety days before its expiration,
which shall be confirmed by an exchange of
letters."

 


By
virtue of the foregoing, AW GUA, Limitada, would like to renew the
Lease Agreement for a fixed term of two years, compulsory for both
parties, beginning on April 1, 2020, and ending March 31, 2022.
Based on the above, AW GUA, Limitada, requests the renewal of the
term of the Lease Agreement and expresses its intention that the
Lease will continue to be governed on the same terms and conditions
agreed upon in such Agreement.

 


We do
hereby request the acceptance by MERTECH, Sociedad Anónima,
regarding the suggested renewal, in the terms and conditions
indicated above.

 


 


Very
truly yours,

 


	
/s/ Juan Humberto Arrivillaga
Morales

AW
GUA, Limitada













 

 


 


 


 


 


AW GUA,
Limitada


Diagonal
6, 12-42 zona 10, Edificio Design Center, Nivel 11, Oficina 1102,
Guatemala, Guatemala


 




 








 






 

 


January
6, 2020

 


Mr. Juan
Humberto Arrivillaga Morales


AW
GUA, LIMITADA


Address: Edificio
Design Center, Torre 2, Oficina 1102-T2,


Diagonal 6, 12-42,
zona 10,


Ciudad
de Guatemala.



 


Reference: Letter requesting renewal of
the Lease Agreement, Unit 1101-T2, dated December 18,
2019.


 

 


Dear
Sirs


AW GUA,
Limitada:

 


In the
name and stead of MERTECH, Sociedad Anónima, this is to inform
you that in connection with a letter of December 18, 2019 in which
AW GUA, Limitada requested the renewal of the Lease Agreement
included in indenture number 8, authorized June 1, 2016 by Manuel
Humberto Juárez Oliva, Notary, in which AW GUA, Limitada,
leased a real property owned by MERTECH, Sociedad
Anónima.

 


In this
letter, MERTECH, Sociedad Anónima, expressly confirms its
acceptance to the request to renew the lease agreement, in the
terms established in the letter of December 18, 2019, and pursuant
to Section ''THREE”, paragraph A of the Lease such renewal is
for two compulsory years for both parties. The renewal begins April
1, 2020 and ends March 31, 2022.

 


Based
on the above and as requested by AW GUA, Limitada, we state that
the Lease Agreement will be renewed on the same terms and
conditions agreed upon in such Agreement.


 


 


Very
Truly Yours,


 


	
s/ Alejandro Coronado
Castro   

MERETECH,
Sociedad Anónima









 


 



                                                                  







 

 


 


 


 


 


16
Calle 9 - 23 Zona 14 Tel (502) 2484-7001 Guatemala, Guatemala,
C.A.