THE TENANCY AGREEMENT Clause Samples

THE TENANCY AGREEMENT. On 31 March 2021, Classified Limited as tenant entered into the Tenancy Agreement with Link Properties as landlord in respect of the lease of the Premises for a term of three years commencing on 1 April 2021 and expiring on 31 March 2024 (both days inclusive) for the operation of the Group’s casual European café under the trade name of “Classified”. Set out below is a summary of the principal terms of the Tenancy Agreement:

THE TENANCY AGREEMENT. 2.3.1. The tenancy agreement will be in standard terms unless the client specifically requests otherwise. 2.3.2. For Student Tenants the contract is twelve months, typically 1st July-30th June. A retainer equal to one month’s rent is normally payable covering the summer months of July and August unless the students move in during this two month period, in which case full rent is paid by each tenant that moves in. In cases of a late (after 1st July) let the retainer may possibly not be charged. 2.3.3. For Residential Tenants the contract period will be six months unless otherwise agreed with The Landlord. 2.3.4. The Agent will prepare an Assured Shorthold Tenancy agreement under the Housing Act 1988.

THE TENANCY AGREEMENT. The College agrees to grant and the Student agrees to take a tenancy of the Accommodation for the Tenancy Period on the conditions set out in this tenancy agreement and in the College Handbook.

THE TENANCY AGREEMENT. On 7 April 2014, the Company as tenant entered into the Tenancy Agreement with Tai Sang Bank as landlord, in respect of the leasing of the Premises. The principal terms of the Tenancy Agreement are as follows: Parties : Tai Sang Bank as landlord and the Company as tenant Premises being leased : ▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ and 14th Floor of the Building Tenancy term : 15 April 2014 to 14 April 2017, both days inclusive Rental : HK$320,000 per month, exclusive of rates, air-conditioning charges and management fee Air-conditioning charges and management fee : HK$42,000 per month, which is subject to adjustments at Tai Sang Bank’s discretion by giving to the Company one calendar month’s written notice. Additional air-conditioning charges may be charged for supply of air-conditioning outside normal office hours Deposit : HK$1,086,000 being three months’ rental and air-conditioning charges and management fee Rent free period : 2 months from 15 April 2014 to 14 May 2014 and from 15 March 2017 to 14 April 2017 The aggregate gross floor area of the Premises is approximately 10,000 sq. ft. The stamp duty and Land Registry registration fee payable in respect of the Tenancy Agreement shall be borne by Tai Sang Bank and the Company in equal shares. Upon the signing of the Tenancy Agreement, the Company paid to Tai Sang Bank the sum of HK$261,000 being the balance of deposit payable under the Tenancy Agreement as referred to above after setting off against the aggregate deposit of HK$825,000 paid under the Previous Tenancy Agreement.

THE TENANCY AGREEMENT. The Board hereby announces that the Bank entered into the Tenancy Agreement with the Landlord on 30 November 2015 for the lease of the Property with effect from 1 December 2015 for a term of three years.

THE TENANCY AGREEMENT. The Company is pleased to announce that it has received the Tenancy Agreement, countersigned and duly stamped, from Hang Lung on 1 September 2021. The Tenancy Agreement relates to a lease of the ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Premises with Express Star, an indirect wholly-owned subsidiary of the Company, as tenant, and Hang Lung, as landlord, for a term of three years commencing on 22 June 2021 and expiring on 21 June 2024 (both days inclusive). The relevant ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Premises would be used for the operation of the Group’s Italian restaurant named “Estro”. Set out below is a summary of the principal terms of the Tenancy Agreement: Date: 12 August 2021 Parties: (1) Express Star, an indirect wholly-owned subsidiary of the Company (as tenant); and (2) Hang Lung (as landlord). To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, Hang Lung and its ultimate beneficial owners are third parties independent of the Company and its connected persons (as defined in the GEM Listing Rules).

THE TENANCY AGREEMENT. On 6 August 2015, IRL as tenant entered into the Tenancy Agreement with High Brand as landlord, in respect of the leasing of the Property. The principal terms of the Tenancy Agreement are as follows: Parties: High Brand as landlord and IRL as tenant Property being leased: ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ Tak Centre, ▇▇.▇▇▇-▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ Tenancy term: From 6 August 2015 to 31 July 2016 (both days inclusive) Monthly rental: HK$166,075 per month exclusive of rates, government rent, management fees, air-condition charge, water charge, electricity charge, gas charge and all other outgoings. The rental is payable in advance on the first day of each month. There is an 26 days rent free period commencing from 6 August 2015 to 31 August 2015 Deposit: HK$570,447 (representing three months’ rent and management fee and one quarter of government rates) and is payable upon signing of the Tenancy Agreement Based on the monthly rentals payable under the Tenancy Agreement, the annual caps on the aggregate rentals payable by IRL to High Brand under the Tenancy Agreement for the two financial years of the Company ending 30 June 2016 and 2017 will be set at HK$1,660,750 and HK$166,075 respectively. Due to business needs, additional office space is required for the Group’s operation. The terms of the Tenancy Agreement were negotiated on an arm’s length basis and are on normal commercial terms. The rental chargeable under the Tenancy Agreement is determined by reference to the market rental of other comparable premises in nearby location recently, ranging from approximately HK$65 to HK$68 per square feet of gross floor area per month. The Directors (including the independent non-executive Directors) consider that the Tenancy Agreement is on normal commercial terms, in the normal course of business, fair and reasonable and in the interests of the shareholders of the Company as a whole. ▇▇ ▇▇▇▇▇ was abstained from voting at the board meeting of the Company held to approve the Tenancy Agreement and the annual cap amounts in view of the deemed interests in the transaction by virtue of ▇▇▇ ▇▇▇▇▇ (who has 50% indirect equity interest in High Brand), being the mother of ▇▇ ▇▇▇▇▇. As High Brand is a company which is indirectly owned as to 50% by ▇▇▇ ▇▇▇▇▇, High Brand is a connected person of the Company under the Listing Rules and the Tenancy Agreement constitutes a continuing connected transaction of the Company for the purpose of the Listing Rules. Base...

THE TENANCY AGREEMENT. Principal terms of the Tenancy Agreement

THE TENANCY AGREEMENT. On 30th September 2022, E-Commodities Japan, a subsidiary of the Company, entered into the Tenancy Agreement with the Landlord, pursuant to which the Landlord agreed to lease the Relevant Premise to E-Commodities Japan (as the tenant) for a term of 36 months commencing from 1 October 2022. The principal terms of the Tenancy Agreement are set out below. (1) the Landlord (2) E-Commodities Japan (as the tenant)