AIR COMMERCIAL REAL ESTATE ASSOCIATION STANDARD INDUSTRIAL/COMMERCIAL MULTI- TENANT LEASE - GROSS
Exhibit
10.32
AIR
COMMERCIAL REAL ESTATE ASSOCIATION
STANDARD
INDUSTRIAL/COMMERCIAL
MULTI-TENANT
LEASE - GROSS
1. Basic
Provisions ("Basic Provisions").
1.1
Parties: This Lease ("Lease"), dated for reference purposes only January 22,
2008 is made by and between uWink, Inc. ("Lessor") and CCB, L.P. ("Lessee"),
(collectively the "Parties", or individually a "Party").
1.2(a)
Premises: That certain portion of the Project (as defined below), including all
improvements therein or to be provided by Lessor under the terms of this Lease,
commonly known by the street address of 00000 Xxxx Xx. located in the City of
Van Nuys, County of Los Angeles, State of California, with zip code 91406, as
outlined on Exhibit __ attached hereto ("Premises") and generally described as
(describe briefly the nature of the Premises): an approximately 1,650 square
foot unit which is part of a larger 17,000 square foot MR1 zone
building.
In
addition to Lessee's rights to use and occupy the Premises as hereinafter
specified, Lessee shall have non-exclusive rights to any utility raceways of the
building containing the Premises ("Building") and to the Common Areas (as
defined in Paragraph 2.7 below), but shall not have any rights to the roof, or
exterior walls of the Building or to any other buildings in the Project. The
Premises, the Building, the Common Areas, the land upon which they are located,
along with all other buildings and improvements thereon, are herein collectively
referred to as the "Project." (See also Paragraph 2)
1.2(b)
Parking: 3 unreserved vehicle parking spaces. (See also Paragraph
2.6)
1.3 Term:
1 year and 5 months ("Original Term") commencing January 24, 2008 ("Commencement
Date") and ending May 31, 2009 ("Expiration Date"). (See also Paragraph
3)
1.4 Early
Possession: ______________ ("Early Possession Date"). (See also Paragraphs 3.2
and 3.3)
1.5 Base
Rent: $1,980.00 per month ("Base Rent"), payable on the first day of each month
commencing March 1, 2008. (See also Paragraph 4)
[X] If
this box is checked, there are provisions in this Lease for the Base Rent to be
adjusted.
1.6
Lessee's Share of Common Area Operating Expenses: nine percent (9%) ("Lessee's
Share").
Lessee's
Share has been calculated by dividing the approximate square footage of the
Premises by the approximate square footage of the Project. In the event that
that size of the Premises and/or the Project are modified during the term of
this Lease, Lessor shall recalculate Lessee's Share to reflect such
modification.
1.7 Base
Rent and Other Monies Paid Upon Execution:
(a) Base
Rent: $2,442.00 for the period January 24 - February 29, 2008.
(b)
Common Area Operating Expenses: $NONE for the period.
(c)
Security Deposit: $1,980.00 ("Security Deposit"). (See also Paragraph
5)
(d)
Other: $NONE for ______________.
(e) Total
Due Upon Execution of this Lease: $4,422.00
1.8
Agreed Use: General office use and R&D for restaurant business. (See also
Paragraph 6)
1.9
Insuring Party. Lessor is the "Insuring Party". (See also Paragraph
8)
1.10 Real
Estate Brokers: (See also Paragraph 15)
(a)
Representation: The following real estate brokers (the "Brokers") and brokerage
relationships exist in this transaction (check applicable boxes):
[_]
_________________ represents Lessor exclusively ("Lessor's
Broker");
[_]
_________________ represents Lessee exclusively ("Lessee's Broker");
or
[X] Xxx
& Associates LA North/Ventura Inc. represents both Lessor and Lessee ("Dual
Agency").
(b)
Payment to Brokers: Upon execution and delivery of this Lease by both Parties,
Lessor shall pay to the Brokers the brokerage fee agreed to in a separate
written agreement (or if there is no such agreement, the sum of _________ or
__________% of the total Base Rent for the brokerage services rendered by the
Brokers).
1.11
Guarantor. The obligations of the Lessee under this Lease are to be guaranteed
by ____________ ("Guarantor"). (See also Paragraph 37)
1.12
Attachments. Attached hereto are the following, all of which constitute a part
of this Lease:
[X] an
Addendum consisting of Paragraphs 50 through __________;
[_] a
site plan depicting the Premises;
[_] a
site plan depicting the Project;
[X] a
current set of the Rules and Regulations for the Project;
1
ADDENDUM
Date:
January 22, 2008
By and
Between (Lessor) CCB, L.P.
(Lessee) uWink Inc.
Address
of Premises: 00000 Xxxx Xx. Xxx Xxxx, XX 00000
51. Pro
Rated Rent: Lessor shall pro rate a portion of March 2008 rent based on the
original total monies due upon execution ($4,800.00). Dependent upon the day
that Lessee moves into 00000 Xxxx Xx., Lessor shall apply a portion of the
monies paid towards the remainder of January 2008 rent and the entire month of
February 2008 rent. Lessor shall apply any remaining rent towards the base rent
of March 2008.
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By:
/s/ Xxxxx X. Berkue
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By:
/s/ Xxxxx Xxxxxxxx
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Lessor:
Xxxxx X. Berkue
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Lessee:
Xxxxx Xxxxxxxx
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