Commercial
Exhibit 10.2
Commercial
This Commercial Sub-Lease Agreement is made as of this 1st day of October, 2014 (“effective date”) by and between Royal Bakery Holdings, Inc. (the “Sub-Tenant”) and Majestic Production of Peninsular LLC (the “Tenant). Tenant has previously entered into a lease agreement with Xxxxxx Xxxx, (the “Landlord”) dated on March 2012 (the “Prime Lease”). The Sub-Tenant desires to reduce the leased space that Sub-Tenant has been sub-leased at the Xxxx 000X and will be moved to the space at Xxxx 000X. Both parties agree as follows:
The Premises:
The sub-leased space is approximately 500 square feet which is the space at the Xxxx 000X Xxx Xxxxxx Xxxx, Xxxxxxx, XX 00000.
RENT:
$500 per month. Rent will be due on the 5th business day of each month.
UTILITY:
The rent will be included utility charges, water, garbage, gas, Management Fee and Common Area Maintenance Fee.
TERM:
Effective Date: October 1st 2014.
It is a month to month lease.
Signed and Agreed by:
Tenant:
Majestic Production of Peninsular LLC
Xxxxxx Ma | |
Managing Partner of Majestic Production of Peninsular LLC |
Sub-Tenant: | |
Royal Bakery Holdings, Inc. | |
Nikki Ma, Secretary |