SEC XXXXX NOTE - THIS DOCUMENT WAS WRITTEN IN CHINESE AND ENGLISH.
THE FOLLOWING IS THE ENGLISH VERSION:
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Xxxxxxx Xxxxx
LETTER OF INTENT
Lessor: Xx Xxxx Co.
Lessee: Beauti Control Cosmetics
1. Building Name Bank Tower
2. Address 2Fl, Xx.000 ,Xxx Xxx X. Xx.,Xxxxxx
3. Area for Lease Approximately 288 ping(950.4 Square m),
including common area, see the attached
floor plan. Rental and all other payments
shall be adjusted in accordanc with the
revised area upon formal measurement.
4. Rental NT$3,550 per ping per month equivalent to
NTS$1,022,400 per month (Exclusive 5% of
V.A.T.)
5. Payment Terms Initial payment six (6) months in
advance, there after four (4) months in
advance.
6. Deposit Four(4) months rental equivalent to
NT$4,089,600
7. Management Fee NT$200 per ping per month on gross area,
payable by the lessee, increasing NT$10
per ping per month annually.
8. Fit Out Period One( 1) month, from 1 October 1997 until
31 October 1997
9. Handover Day 1st. October, 1997
10. Rental Increment Five (5)% p.a.
11. Lease Term Three(3) years,from lst.November 1997 to
3lst. October. 2000, with the lessee
having the first right to renew.
12. Carpark and 2 carparking bays at NT$12,000 per bay
Carpark Rental per month, increasing NT$500 per month
annually.
13 Initial Deposit The Lessee shall pay an initial deposit a
one (1) months rental upon execution of
this Letter of Intent. Should the Lessee
then not proceed to execute the lease
agreement, this deposit shall be forfeit.
Should the Lessor then not proceed to
execute the lease agreement, this deposit
shall be returned to the Lessee and an
equivalent amount also be paid by the
Lessor to the Lessee as penalty
14. Others 1..The lessor shall grant the Lessee the
first right to lease a portion of the
first (Ground) floor., The terms,
conditions and area of these premises
shall be subject to negotiation.
2.Both parties undertake to execute
formal documentation prior to 31 August
1997.
The "Letter of Intent" is accepted, signed and chopped by the Lessor
and Xxxxxx as below:
Lessor Lessee
Xx Xxxx Co. Beauti Control Cosmetics
Confirmed and accepted by Xxxxxxxxx and accepted by
/s/ /s/
Aug 1, 1997 1 August 1997
