Exhibit 10.01
LEASE AGREEMENT
This Lease Agreement is made and entered into this 22th day of October 1998 by
and between Xxxxx Xxx Xxxx-Xxxxx(hereinafter called Party A ) and Xx Xxxx-Yuan,
Hi-Q XXXXX INC..( hereinafter called Party B )with Party B's
Co-Surety.................(hereinafter called Party C) in connection with the
lease of the dwelling house with the following terms and conditions:
Article 1 : Location and the scope of Party A's house:
Article 2 : Terms of the lease: One year from the 1st day of November 1998 to
the 31st day of October, 1999.
Article 3 : Monthly rental shall be NT$69,458.- (receipt shall be issued) and
Party B shall not refuse or delay the rental with any
excuse(electricity and water bills shall be paid by Party B).
Article 4 : The rental shall be paid on or before the first day of each month
and each payment shall be one month and Party B shall not delay
with any excuse.
Article 5 : When signing this Agreement, Party B shall pay to Party A a sum
of NT$180,000.- as Deposit and Party A shall return this Deposit
to Party B when Party B decides not to lease this house and
vacates the house back to Party A.
Article 6 : On termination of the lease, unless Party A agree to lease the
house continuously, Party B shall vacate the house with its
original and prior condition and shall not ask for any right or
excuse. If Party B does not vacate the house in due time, Party A
shall have the right to collect a penalty equal to five times of
the rental monthly until the house is vacated and Party C and
Party B shall have no objection.
Article 7 : During the term of this Agreement, if Party B wants to move to
other place, Party B shall not ask Party A any reimbursement of
rental, moving charges or any rights and shall vacate and return
the house to Party A without any objection.
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Article 8 : Without Party A's consent, Party B shall not let, re-lease,
assign or in any other way give the use of the part or whole of
the house to any third party.
Article 9 : When necessary, Party B shall have the right to decorate the
house with the consent of Party A. However, the decoration shall
not damage the original building and Party B shall restore any
altered portion to original and prior condition.
Article 10 : The house shall not be used illegally and no dangerous articles
shall be stored to affect the public safety.
Article 11 : Party B shall use the house with good will and shall be
responsible for any damage owing to negligence of Party B except
for Force Majeaure causes. If the house is damaged owing to
natural uses, Party A shall pay the repair expenses.
Article 12 : Should Party B violate this Agreement and cause the loss of Party
A's right, it shall pay the penalty claimed by party A. Any
proceeding costs, lawyer's fees occurred in an action against
Party A shall be reimbursed by Party B.
Article 13 : Should Party B violate this Agreement or the house is damaged,
Party C shall be responsible to bear the reimbursement and shall
waver the Beneficium Odenis.
Article 14 : Party A, Party B and Party C shall all abide by the terms and
conditions of this Agreement. Should any breach is found, Party A
shall have the right to terminate this Agreement at any time and
any loss or damage suffered by Party B shall not be borne by
Party A.
Article 15 : The Stamp Duty shall be borne by each party. The Tax and Duty of
the house shall be borne by Party A and Party B shall bear the
Tax and Duty concerning the Electricity Water and Business.
Article 16 : If any increased amount of House Tax or Consolidated Income Tax
resulted owing to the Agreement, Party B shall be responsible for
the increased portion without any objection.
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Article 17 : On termination of this Agreement, any furniture, articles
belonging to Party B which is not removed shall be deemed wastes
and shall be disposed of by Party A and Party B shall have no
objection.
Article 18 : Party B shall responsible for the Withholding Tax on the Rentals.
Article 19 : The maximum increment of the rental is five (5) percent per
annum(based on the current rental)
In witness whereof, the parties hereto have executed this Agreement on the date
first above written and this Agreement is made in duplicate, with each party
holding one copy.
Party A: Xxxxx Xxx Xxxx-Xxxxx (Affixed with seal)
Party B: Xx Xxxx-Yuan, Hi-Q Xxxxx. INC. (Affixed with seal)
Address: 0X, Xx.00, Xxxx 000, Xx-Xxx Xx., Xxxxxx Xxxx, Xxxxxx, R.O.C.
ID. Card No.: A120796482
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