EXHIBIT 10.58
Gestion Immobiliere Ges-Mar Inc.
0000 xxxx. Xxxxxx-Xxxxxx
Xx-Xxxxxxx, Xx
X0X 0X0
ATTENTION : XX. XXXXXXX XXXX
SUBJECT : CHALLENGER INDUSTRIAL PARK
BUILDING C1
6050-6100 XXXXX-XXXXXXXX WEST, ST-LAURENT
Dear Xx. Xxxx:
We understand that the property noted above is for rent by yourselves, Gestion
Immobiliere Ges-Mar Inc. acting on behalf of Bombardier Inc., Services
Immobiliers (the "LESSOR"). Les Entreprises H-Power du Canada Inc. (the
"LESSEE"), by this Offer to Lease (the "OFFER"), proposes to lease premises in
the above referenced property on the terms and conditions described below.
1. LEASED PREMISES
1.1 The leased premises shall have a rentable area of approximately 27,691
square feet, comprised of 10,741 sq.ft of ground floor warehouse, 5,000
sq.ft. of ground floor laboratory 5,195 sq.ft. of ground floor office
(underneath the mezzanine), and 6,755 sq.ft. of mezzanine offices (the
"LEASED PREMISES");
1.2 The Leased Premises are outlined in red on the plan attached hereto as
Schedule A, and they form part of a recently erected building known as
building C1 of the Challenger Industrial Park bearing civic numbers
6050-6100 Xxxxx-Xxxxxxxx West, in the City of Saint-Laurent, Province xx
Xxxxxx, X0X 0X0 (the "BUILDING").
1.3 The Leased Premises shall be measured before the Commencement Date by the
Lessor at its cost in accordance with the standards of measurement attached
hereto as Schedule A-1 and the Lessee will receive a certificate from an
independent professional attesting to the exact rentable area of the Leased
Premises and all rent dependent upon the rentable area of the Leased
Premises will be adjusted accordingly. The Lessee may, at its own cost,
have the rentable area of the Leased Premises measured by an independent
architect agreed upon by the Lessor and the Lessee and any discrepancy
shall be resolved by this architect, acting in a reasonable and
professional manner.
2. TERM
2.1 The term of the Lease (the "TERM") shall be for TEN (10) years, which shall
commence, subject to the other provisions of this Offer, on June 1st 2001
(the "COMMENCEMENT Date") and shall terminate on May 31st, 2011 (the
"EXPIRY DATE").
3. OCCUPANCY DATE AND FIXTURING PERIOD
3.1 The Lessee shall have occupancy of the Leased Premises no later than April
1st 2001 (the "OCCUPANCY DATE"), and shall enjoy a fixturing period (the
"FIXTURING PERIOD") until the Commencement Date, during which the Lessee
shall perform the Lessee's work on the Leased Premises;
3.2 During the Fixturing Period, the Lessee shall pay for its consumption of
public utilities to the appropriate authority, and all terms of this Offer
shall apply, subject to Section 5.2 hereinbelow.
4. USE OF THE LEASED PREMISES
4.1 The Leased Premises shall be used as offices, laboratories, light
manufacturing and warehousing space involving the design, assembly, and
sale of fuel cell systems and any other purpose permitted by the applicable
laws and regulations, and for no other purpose.
The Lessor warrants that usage 4032-04, which is the usage registered for
Lessee's premises at 0000 Xxxxx Xxxxxx in St-Laurent, is permitted in the
Building.
5. NET RENT
5.1 The Lessee covenants and agrees to pay to the Lessor in lawful money of
Canada without deduction abatement or set off, save as otherwise provided
for in this Offer, the Lease or at law, an annual net rent of (the "NET
RENT"):
5.1.1 For the first five (5) years of the Term (for the period between
June 1st 2001 and May 31st, 2006), nine dollars and fifty cents ($9.50)
per square foot of rentable area of the Leased Premises representing the
annual sum of net rent of two hundred and sixty-three thousand and
sixty-four dollars and fifty cents ($263,064.50) payable in equal and
consecutive monthly installments on the first day of each month of the
Term of twenty-one thousand nine hundred and twenty-two dollars and four
cents ($21,922.04);
5.1.2 For the last five (5) years of the Term (for the period between
June 1st, 2006 and May 31st, 2011), eleven dollars ($11.00) per square
foot of rentable area of the Leased Premises representing the annual sum
of net rent of three hundred and four thousand and six hundred and one
dollars ($304,601.00) payable in equal and consecutive monthly
installments on the first day of each month of the term of twenty-five
thousand and three hundred and eighty-three dollars and forty-two cents
($25,383.42).
5.2 The Lessee shall not be required to pay to the Lessor the net rent and its
share of additional rental for the duration of the Fixturing Period, but
shall remain liable for all other obligations under this Offer during said
period.
6. ADDITIONAL RENTAL
6.1 It is intended that the rent provided for in this Offer shall be a net
return of the Lessor for the Term, free of any and all costs, expenses of
any nature whatsoever, taxes and charges with respect to the Leased
Premises, other than any income or profit taxes which may be levied against
the Lessor and
any interest or amortization charges of Lessor in respect of mortgages or
hypothecs, and other than those costs, expenses, taxes and charges that are
otherwise excluded in this Offer or the Lease.
6.2 The Lessee shall pay as additional rental (the "ADDITIONAL RENTAL") to the
Lessor, its Proportionate Share (proportion that the rentable area of the
Leased Premises bears to the total rentable area of the Building) and/or
its Fair Share (as hereinafter defined) of all expenses actually incurred
by the Lessor, without duplication or profit, in connection with operation,
administration, insurance, repair, replacement (excluding latent or
structural defects) and maintenance of the Building (the "OPERATING
Expenses") and all taxes, including municipal, school, real estate, water,
special taxes, any value-added tax on rental income and all other taxes or
charges that may be levied by any government or any applicable taxing
authority (the "Taxes"), but expressly excluding any tax on capital or
large corporation tax.
For the purposes hereof, the defined term "FAIR SHARE" shall mean the
proportion as determined by the Lessor, acting reasonably and in good faith
and explained in detail in the annual financial statements confirming the
Operating Expenses.
For 2001, the Lessee's Proportionate Share and Fair Share of Taxes and
Operating Expenses is estimated at three dollars ($3.00) per square foot of
rentable area of the Leased Premises.
6.3 Notwithstanding anything to the contrary contained in this Offer, the Lease
shall exclude as an expense any refinancing of the Building or real estate
on which it is located, replacement or painting of the Buildings curtain
wall, or any loss or damage to the Building due to any hazard or peril
against which the Lessor is or ought to have been insured. Furthermore,
there shall be excluded or deducted from Operating Expenses, as the case
may be,:
6.3.1 any costs relating to the original construction of the Building and
the costs of remedying construction inadequacies;
6.3.2 all amounts that otherwise would be included which are the
responsibility of other tenants in the Building or which are
recovered or are recoverable by the Lessor from other tenants in the
Building or any other person whatsoever as a result of any act,
omission, default or negligence of such tenants or other persons;
6.3.3 the cost of advertising in respect of the Building;
6.3.4 repairs to the footings, foundations, structural columns and beams,
structural sub-floors, bearing walls, exterior walls and windows,
roofs of the Building and other parts of the structure of the
Building (provided such repair was not caused by or contributed to
by the Lessee);
6.3.5 leasing commissions incurred with respect to the leasing of space in
the Building;
6.3.6 any amounts paid by the Lessor as interest, fines or penalties as a
result of a breach of law by the Lessor with respect to the Building
(provided such breach was not caused by or contributed to by the
Lessee);
6.3.7 tenant inducement payments and rent-free periods;
6.3.8 the cost of any renovations, improvements or betterments to the
Building and all related costs which are capital in nature or
attributed to the capital account of the Lessor in accordance with
generally accepted accounting principles and any depreciation on the
Building or on any structures located on the lands upon which the
Building is situated, or on any equipment or fixtures, which by
their nature do not require periodic repair and/or replacement.
Nonetheless, the amortization of such costs which are incurred in
order to maintain the quality of the Building and reduce the
Operating Expenses (and which are not of an aesthetic or decorative
nature) and which are capital in nature, over the useful life of
such item plus the interest at the prime rate of Lessor's bank plus
two percent (2%) on the unamortized portion of such cost, are part
of the Operating Expenses;
6.3.9 costs incurred in leasing premises in the Building to other tenants
and the Lessee and the cost incurred in enforcing the leases of
other tenants and the Lessee;
6.3.10 the initial capital cost to the Lessor of all systems, services,
equipment, fixtures or facilities or any part thereof servicing the
Building;
6.3.11 salaries of Lessor's employees above the level of Building
management;
6.3.12 costs relating to compliance with environmental laws (unless same
are caused by the fault of the Lessee)
7. PUBLIC UTILITIES AND LESSEE'S TAXES
7.1 The Lessee shall pay for its electricity, water, heat, gas, telephone, and
all public utilities and other services with respect to the Leased
Premises, directly to the suppliers from the Occupancy Date of the Leased
Premises and/or at the Commencement Date of the Term, whichever is earlier.
The Lessor confirms that all such utilities and services (other than
telephone, for which the Lessee is responsible) shall be separately metered
as regards the Leased Premises, the cost of installing such meters to be
the sole responsibility of the Lessor.
8. MAINTENANCE AND CLEANING OF LEASED PREMISES
8.1 The Lessee shall maintain and keep the Leased Premises and all improvements
therein in good class condition as a careful tenant would do and effect all
repairs and replacements, both major and minor (but expressly excluding any
repairs to the structure of the Building or the Building systems, which
shall be the responsibility of the Lessor and the expense thereof shall be
dealt with in accordance with the provisions of this Offer and the Lease)
to the Leased Premises and to the Lessee's facilities contained therein.
The Lessee will use the Leased Premises with prudence and diligence and
will keep the Leased Premises and all of the Lessee's improvements thereon
in first class condition, reasonable wear and tear and damage by fire or
other casualty excepted.
9. LEASEHOLD IMPROVEMENTS
9.1 The Leased Premises will be taken by the Lessee "as is", which means that
all costs incurred to build or make modifications to the Leased Premises
will be taken out of the Allowance described below save and except for the
construction of the demising wallsthe structure of the internal staircase,
the build over of stairwells not required, the walls of the vestibule, and
the access control,
video surveillance, fire alarm and centralized control for the HVAC systems
described in Schedule B which shall be the Lessor's responsibility at
Lessor's cost. The Lessor will provide four hundred fifty thousand dollars
($450,000.00) (the "ALLOWANCE") to the Lessee for the construction of
Lessee's leasehold improvements in accordance with the building standards
described in Schedule B annexed hereto or to a standard agreed upon by both
Lessor and Lessee (the "LEASEHOLD IMPROVEMENTS"). The Lessor warrants that,
as part of the Leasehold Improvements, the Lessee will be able to install
an electrical entrance of 400 amperes at 600 volts, 3-phase. The Allowance
will also be used to cover all the costs to be incurred for the relocation
of the entrance door currently located between axis 5 and 6 to between axis
6 and 7, which costs are estimated at eight thousand five hundred dollars
($8,500.00). All costs incurred for Leasehold Improvements above the
Allowance shall be paid by the Lessee to the Lessor immediately upon
presentation of the bills. If the Lessee does not pay or give notice of
objection within ten (10) days of their receipt the bills demonstrating the
additional amount to be paid by the Lessee to the Lessor above the
Allowance, the Lessor shall have the right to institute the appropriate
legal proceedings to cancel the Offer or the Lease. In the case of the
Lessee giving notice of objection, once satisfactory explanations have been
provided by the Lessor, the Lessee must pay them within ten (10) days of
their receipt the bills demonstrating the additional amount to be paid by
the Lessee to the Lessor above the Allowance, the Lessor shall have the
right to institute the appropriate legal proceedings to cancel the Offer or
the Lease.
9.2 The Lessee shall supply plans and specifications signed by the appropriate
professionals (architects and engineers) of its requirements, at its
expense, within twenty-one (21) days following the acceptance of this
Offer. Based on the plans the Lessor's general contractor, shall supply
three (3) independent estimates for each sub-trade involved in the
construction of the Leasehold Improvements, one of them being the estimate
of a supplier designated by the Lessee. The Leasehold Improvements shall be
effected by the Lessor, such work to be performed in consultation with the
Lessee's designated overseer(s) (engineer and/or architect), prior to the
Commencement Date. The cost of the Leasehold Improvements to go against the
Allowance will be determined by calculating the total sum using the lowest
quote for each sub-trade plus the general conditions, administration and
profit of Lessor's general contractor, the whole not to exceed twelve
percent (12%) of the applicable quote.
At the expiry date of the Term, the Lessor shall have the option, acting in
a reasonable and business-like manner, to ask the Lessee to either remove
all or any portion of Lessee's Work, as defined below, (repairing any
damage caused thereby) and return the Leased Premises in their original
state, including the Leasehold Improvements, wear and tear excepted.
9.3 The Lessee undertakes to examine the Leased Premises at the time of
delivery on the Occupancy Date and shall notify the Lessor in writing
within thirty (30) days of said date of any apparent defect in the Leased
Premises, and, in respect of any items that cannot be verified at the
Occupancy Date as a result of the time of year the Leased Premises are
delivered to the Lessee (e.g. air conditioning), within one hundred eighty
(180) days from the Occupancy Date. The Lessor confirms that at the
Occupancy Date, the Leased Premises shall comply with all applicable laws
and regulations, and should same not be the case, then notwithstanding the
occupancy of the Leased Premises by the Lessee, the Lessor shall remain
responsible to effect all repairs required in order to ensure such
conformity, the whole at its sole cost.
9.4 Notwithstanding the incompletion of the Lessor's work, the Leased Premises
shall be deemed ready for delivery and the Occupancy Date shall become in
effect so long as: (i) such incomplete work
does not, in the Lessee's opinion, significantly interfere with the use of
the Leased Premises or the work that the Lessee must perform therein and
(ii) the Lessor confirms to the Lessee that Lessor's work shall be
completed within sixty (60) days thereafter.
9.5 In the event that the Leasehold Improvements are not completed prior to the
Occupancy Date for cause attributable solely to the Lessee, the Term shall
in no case be affected. If the delay is attributable to the Lessor or force
majeure, the Lessee shall not make any claim for damages, save for any of
its property that may have been damaged as a result of the Lessor's fault.
However, the Commencement Date of the Lease shall be deferred by the number
of days equal to the number of days of delay.
9.6 The Lessee reserves the right, at a future date, based on its electrical
requirements, to increase the Leased Premises' electrical capacity by
bringing in additional amperage from the local hydro electric grid to the
Leased Premises. This would be done in accordance with all local bylaws and
regulations and conditions defined in Clause 10.
10. LESSEE'S WORK
10.1 Following the completion of the Leasehold Improvements, Lessee shall not
have the right to execute any changes, alterations, additions, erections,
leasehold improvements, repairs and installations to the Leased Premises
(the "Lessee's Work"), unless it has obtained Lessor's prior written
consent, which consent shall not be unreasonably withheld or unduly
delayed. In the event Lessor consents to such Lessee's Work, then Lessee
undertakes to conform to the conditions stipulated hereunder.
(i) Lessee's Work shall be carried out with reasonable dispatch and in a
good workmanlike manner and in compliance with all applicable
permits, authorizations, building and zoning bylaws and with all
regulations and requirements of all competent authorities having
jurisdiction over the Leased Premises;
(ii) The Building shall at all times be free of all pledges, registered
legal hypothecs and any other encumbrances relating to the Lessee's
Work;
(iii) Lessee shall maintain Lessee's workmen's compensation insurance
covering all persons employed in connection with the Lessee's Work
and shall produce evidence of such insurance to Lessor and Lessee
shall also maintain such general liability insurance for the
protection of Lessor and Lessee upon the terms Lessor may reasonably
require, as well as contractor's protective liability insurance.
Lessee shall further comply with all of the rules of the CSST
(Commission de la Sante et de la Securite au Travail du Quebec);
(iv) Lessor shall be entitled to bid on the performance of the Lessee's
Work, and the Lessee shall give serious consideration to such bid,
so long as the cost is competitive;
(v) Lessee shall promptly pay for all materials supplied and work done
by or on its behalf in respect of the Leased Premises in order to
ensure that no legal hypothec is registered against any portion of
the Building. If a legal hypothec is registered or filed, the Lessee
shall, within ten (10) days of receipt of written notice of its
existence, discharge it at its expense, failing which the Lessor
may, at its option, discharge the same by paying the amount claimed
to be due into court and the amount so paid and all expenses of the
Lessor including any judicial and extrajudicial costs and attorney's
fees
incurred by the Lessor shall be paid by the Lessee to the Lessor
within five (5) days after demand.
It is agreed and understood that no Lessee's Work by or on behalf of Lessee
shall be permitted which, in Lessor's sole reasonable judgement, may weaken
or endanger the structure or adversely affect the condition or operation of
the Leased Premises and/or the Building or diminish the value thereof or
restrict or reduce Lessor's coverage for insurance purposes.
10.2 Lessor shall be entitled to inspect the Lessee's Work; the Lessee shall
pay, in respect of any such inspection the fees of all architectural and
engineering consultants and/or the cost of all construction drawings
prepared to comply with the Lessee's requirements and/or for the cost of
entering the information of such drawings on the original drawings of the
Building plus an administration fee representing ten percent (10%) of such
cost for Lessor's supervision, overhead and administration. Each time the
Lessee does some Lessee's Work in the Leased Premises, even if Lessee's
Work is less than twenty-five thousand dollars ($25,000.00) the Lessee
shall pay for the cost of entering the information of such drawings on the
original drawings of the Building, as the case maybe, plus an
administration fee representing ten percent (10%) of such cost.
10.3 Any Lessee's Work made by the Lessee without the prior written consent of
the Lessor, or which is not made in accordance with the design criteria and
specifications approved by the Lessor, shall be removed by the Lessee
immediately upon demand and the Leased Premises shall be restored to their
previous condition by the Lessee, the whole at Lessee's cost, failing which
the Lessor shall have the right to remove said Lessee's Work at Lessee's
entire cost and Lessor shall not be responsible for damages to Lessee's
property resulting from such removal.
10.4 Notwithstanding anything contained in this Article, in the event that the
Lessee's Work affects the structure of the Building or its mechanical or
electrical systems, same shall, should the Lessor so decide, be performed
by the Lessor, provided always that the costs thereof shall be competitive.
In the event that Lessor does not choose to execute said Lessee's Work and
consents to having Lessee execute same, then Lessee shall furnish to Lessor
plans and specifications showing in reasonably complete detail the Lessee's
Work proposed to be carried out and the estimated cost thereof. Lessor
shall approve or reject such plans and specifications within fifteen (15)
days after receipt of the same. If such plans and specifications are
approved, all Lessee's Work shall be carried out in compliance with same.
Furthermore, in the case where Lessee is authorized to carry out said
Lessee's Work, Lessee shall, at its cost, provide Lessor with an engineer's
certificate upon completion of said Lessee's Work. Any costs reasonably
incurred by Lessor in order to permit Lessor to approve or reject Lessee's
plans and specifications plus an administration fee representing ten
percent (10%) of such cost shall be reimbursed by Lessee immediately upon
Lessor's request. In addition to the above, Lessee shall comply with all
the conditions stipulated in 10.1 and 10.3 above.
10.5 Notwithstanding anything contained in this Article, the Lessor confirms
that should the Lessee's Work relate to decoration, painting or matters of
a cosmetic or temporary nature not affecting the structure of the Building
or its mechanical or electrical systems, the Lessee shall be entitled to
perform same without the necessity of obtaining the prior written approval
of the Lessor.
10.6 It is agreed and understood that when completed, all Lessee's Work shall be
comprised in and form part of Leased Premises and be subject to all the
provisions of the Lease. Furthermore, any authorization given by Lessor to
Lessee to do any Lessee's Work in accordance with this Article, shall not
relieve Lessee of its responsibility for the Lessee's Work in question.
11. SIGN
11.1 All signs on the exterior walls of the Building shall be subject to the
Lessor's approval, which shall not be unreasonably withheld or unduly
delayed, which approval shall be obtained in writing. Upon approval, the
costs of installation and dismantling will be at the sole expense of the
Lessee. All such signs shall comply with the lawful requirements of
municipal and governmental authorities and with Lessor's rules and
regulations applicable to all lessees.
12. SECURITY DEPOSIT
12.1 Upon waiver and/or acceptance, as the case may be, of the items outlined in
Clause 14, the Lessee shall deliver to the Lessor a first cheque in the
amount of two hundred and sixty-five thousand and four hundred and
twenty-nine dollars and seventy-seven ($265,429.77), GST and QST included,
as deposit, which shall be applied towards the payment of the net rent and
the Lessee's Proportionate Share and Fair Share of the Taxes and Operating
Expenses for the first two (2) months of the first four (4) lease years
i.e. May and June 2001, May and June 2002, May and June 2003 and May and
June 2004, with the balance, if any, to be applied towards the period
commencing on July 1st, 2004 and terminating on July 30, 2004, or as it is
to be otherwise dealt with in accordance with the terms of this Offer.
13. OPTION TO RENEW
13.1 On the condition that the Lessee is not then in default of the Lease, and
provided the Lessor receives written notice from the Lessee of its
intention to renew no later than six (6) months prior to the expiration of
this Lease, the Lessee shall have the right to renew the Lease for one (1)
further period of five (5) years under the same terms and conditions,
excluding the net rent, the allowance, the leasehold improvements, the
security deposit, the option to renew and the right of first offer. The net
rent will be the then current net rent for similar space in similar
buildings in St-Laurent at the time of exercise of the option to renew. For
the renewal, there will be no allowance, no leasehold improvements, no
security deposit, no further option to renew.
[13.2 In the event that the Lessor and the Lessee shall be unable to agree upon
the net rent to be paid during the renewal period referred to in 13.1
hereof within thirty (30) days from the Lessor's receipt of the Lessee's
written notice referred to in 13.1 hereof, same shall be determined by
binding arbitration in accordance with the provisions of the Code of Civil
Procedure of Quebec.]
14. CONDITIONAL PERIOD
14.1 The Lessor shall have one (1) week from the date of acceptance of this
Offer by both parties to verify and be entirely satisfied with the Lessee's
credit / financial covenant. Should the Lessor not be satisfied with the
Lessee's covenant, it shall have the right to: (A) ask for such guarantees
from the Lessee as it may require, the furnishing of which shall be at the
discretion of the Lessee (the Lessor having the right, after its receipt of
the Lessee's response in respect of such request for guarantees, to either
accept same or terminate its obligations under the present Offer which
shall then become null and void and no further effect: or (B) terminate its
obligations under the present Offer which shall then become null and void
and no further effect.
15. LEASE DOCUMENT
15.1 The Lessee and Lessor shall use their reasonable best efforts to execute,
within forty-five (45) days following the waiver and/or acceptance, as the
case may be, of the items outlined in Section 14 hereabove, a lease (the
"LEASE") reflecting the terms and conditions of this Offer and other
provisions as may be mutually agreed upon between the parties. The Lessor's
standard form of lease for the Building, amended to reflect the terms and
conditions of this Offer, shall be used as a starting point for such
negotiations. The Lease shall contain, INTER ALIA, waivers of subrogation,
cross-liability and severability of interests clauses from each party to
the other, and the undertaking of Lessor to obtain a non-disturbance
agreement from any third party having a hypothec, underlying lease or any
security interest in the Building. Until such time as the Lease is signed,
this Offer shall constitute a valid and binding agreement of lease between
the Lessor and the Lessee. In no event shall the non-execution of the Lease
entitle either party to refuse to respect its obligations and covenants as
set out in this Offer.
16. INSURANCE
16.1 The Lessee shall, at its own expense, during the Term, take out and keep in
force comprehensive public liability and property damage insurance of the
mutual benefit of the Lessee and the Lessee against all claims for personal
injury, death, or property damage in, upon or about the Leased Premises
and/or Building. The terms and conditions of such insurance shall be
negotiated under provisions of Section 15.
17 RIGHT OF FIRST OFFER
17.1 The Lessee shall, throughout the Term, have a right of first offer on
adjacent spaces in the Building (the "ADJACENT SPACE"). Should the Adjacent
Space become vacant, the Lessor shall advise immediately the Lessee in
writing and the Lessee shall have a period of four (4) weeks to notify the
Lessor of its intention to lease the Adjacent Space, failing which this
Right of First Offer shall become null and void. The leasing of the
Adjacent Space shall be done at the then current net rent for similar term
for similar space in similar buildings in St-Laurent at the time of
exercise of the Right of First Offer. The term of the lease for the
Adjacent Space shall co-terminate with the Term. If the Lessor and the
Lessee do not agree on the terms and conditions for the leasing of the
Adjacent Space within thirty (30) days of receipt of Lessee's notice, then
the Right of First Offer shall become null and void and the Lessor shall
have the right to lease the Adjacent Space to any other tenant.
18. TAXES
18.1 Lessee shall pay upon demand, any goods and services, sales, business
transfer, multi-stage sales, use, consumption, value-added or other similar
taxes imposed by the government of Canada, or by any provincial or local
government, upon Lessor or Lessee on or in respect of the Lease, the
payments made by Lessee hereunder or the goods and services provided by
Lessor, including but not limited to the rental of the Leased Premises.
19. BROKERAGE COMMISSION
19.1 The Lessee represents that the only real estate broker it has engaged in
this present transaction is La Capitale Alliance-Commercial Inc. The Lessor
will pay the commission resulting from this transaction to La Capitale
Alliance-Commercial Inc., as per their agreement. Any other brokerage
commission with respect to this transaction shall be borne exclusively by
the party who has engaged such broker, and said party will indemnify and
hold the other party harmless from any and all claims and costs with
respect thereto.
20. OUTSIDE AREAS
20.1 The Lessee shall not use any part of the exterior parking and loading areas
or any other areas outside the Leased Premises for any purpose other than
parking, shipping or receiving in the areas designated by the Lessor for
same. Notwithstanding the foregoing, the Lessee shall have the right to
forty-nine (49) parking stalls and install, at its own expense and in
accordance with all relevant municipal codes and by-laws, exterior propane
/ hydrogen tanks at the rear of the Leased Premises for its exclusive use.
The Lessee also reserves the right, with Lessor's approval, to add
additional parking spaces along the rear perimeter of the building occupied
by the Lessee where there would be no counter indication to the movement of
traffic, persons, or other logistical issues.
21. LANGUAGE
21.1 The parties hereto have required that this agreement and all notices,
deeds, documents and other instruments to be given or executed pursuant
hereto be drawn up in the English language; les parties aux presentes ont
exige que la presente entent ainsi que tous xxx xxxx et autres documents a
etre donne ou execute en vertu des presentes soient rediges en langue
anglais.
THIS OFFER IF NOT EXECUTED BY BOTH PARTIES BY _______________________ ON JANUARY
___, 2001 SHALL BE NULL AND VOID.
Signed in St-Laurent on this 8th day Signed in St-Laurent on this 8th day
of January 2001. of January 2001.
LES ENTREPRISES H-POWER OF CANADA INC. GESTION IMMOBILIERE GES-MAR INC.
/s/ Xxxx-Xxx Xxxxxxxxx /s/ Xxxxxxx Xxxx
------------------------------------ ---------------------------------------
Xxxx-Xxx Xxxxxxxxx, General Manager Xxxxxxx Xxxx, duly authorized as he
declares
SCHEDULE A
LEASED PREMISES
[GRAPHIC]
SCHEDULE A-1
MEASUREMENT OF THE LEASED PREMISES
The Leased Premises are measured (i) from the furthest exterior face of the
exterior walls, and the centre line of all interior walls separating the Leased
Premises from adjoining leasable premises as designated by Landlord, and/or
Common Areas, hereinafter defined, with no deduction for space occupied by
projections, structures, or columns, structural or nonstructural where
applicable (hereinafter, the "Usable Area"); and (ii) by adding to the square
footage obtain in (i) above, a number of square feet corresponding to a
proportion of the Common Areas attributed to Tenant, which proportion is
calculated as follows:
The proportion comprised by the total Common Area expressed as a percentage of
the total Usable Area of the Building (total rentable area of the Building minus
total Common Area) multiplied by the Usable Area of the Leased Premises as
calculated in (i) above.
For the purpose of these presents "Common Area" means:
(a) those areas, facilities, utilities, and installations in the
Property and the Industrial Park which, from time to time, are not designated or
intended by the Landlord to be leased to tenants of the Property and the
Industrial Park, and
(b) those areas, facilities, and installations which serve or are
for the benefit of the Property and the Industrial Park, whether or not located
within, adjacent to, or near the Property and the Industrial Park and which are
designated from time to. time by the Landlord as part of the Common Areas of the
Property and the Industrial Park. Common Areas include, without limitation, all
areas, facilities, utilities, and installations which are provided or designated
(and which may be changed from time to time) by the Landlord for the use or
benefit of the tenants, their employees, customers and other persons permitted
by the Landlord in common with others entitled to the use or benefit hereof in
the manner for the purposes permitted by the lease.
SCHEDULE B
CHARACTERISTICS OF BASE BUILDING AND FINISHINGS
FLOOR COVERINGS
CARPET Commercial carpeting, 28 ounce, including carpet
baseboard, one single colour. Choice of colours as per
Lessor's SAMPLES.
Or
VINYL TILES 1/8 calibre, 12 inch by 12 inch, Lessor's samples.
Choice of colours as per Lessor's samples
DRYWALLS 1/2 inch gyprock walls on metal frames with paper
joints, sanded to the ceiling system, ready for painting
DEMISING WALLS 5/8 inch gyprock sheet, each side on metal frames,
including 2 feet of insulation, sanded with paper joints
from the floor to the concrete support, ready for
painting
CEILING: Acoustic tiles, 2 feet by 4 feet, suspended, reverse T,
building standard
DOORS & FRAMES: Birch doors, tinted and varnished, full core, 36 inch x
80 inch x 1.75 inch, with birch frame tinted and
varnished. Hallway doors.
MAIN ENTRANCE: Main entrance door in aluminum, to Building standards.
The Lessor will install a card access security system at
the main entrance to the Leased Premises with 12
contacts or movement detectors installed in locations
chosen by the Lessee.
PAINT & DECORATION: Choice of colours (maximum 2 colours and complete walls)
chosen from Lessor's samples.
SPRINKLERS: Throughout the Leased Premises, with smoke detectors as
required by law connected to a fire alarm panel linked
to a 24 hour central surveillance system.
TOILETS: Men's washrooms and women's washrooms with ceramic
floors and ceramic walls to a height of 4 feet. Colours
(complete walls only) of Lessee's choice as per Lessor's
samples. Counter with armoire beneath, mirror, sink,
cold and hot water, and air evacuation.
BLINDS: Blinds with nickel chains made of Texscreen with 5%
opening
HEATING, VENTILATION, & AIR CONDITIONING (HVAC)
HVAC system with adjustable control box for each 600
square feet, with thermostat in each zone. Electric
baseboard heating on outside perimeter with thermostat
for each 25 linear feet of exterior perimeter. The HVAC
is centralized and can be programmed "occupied" or
"unoccupied" as per the schedule and temperatures
determined by the Lessee
The capacity of the HVAC system for the office portion
is based on the following elements : lighting 2.0 xxxxx
per square foot (as per the Energy code of Quebec),
electric power for equipment, plugs, etc 1.0 watt per
square foot and one (1) person per 100 square feet.
For the warehouse portion, natural gas aerothermes will
be installed. These aerothermes will also be centrally
controlled and can be programmed "occupied" or
"unoccupied" as per the schedule and temperatures
determined by the Lessee.
ELECTRICITY: LIGHTING:
For the office portion, built in fluorescent tube
fixtures, 21 x 41, and parabolic lenses up to a maximum
of 60 candle feet at desk level. For the warehouse
portion, Metal Halide fixtures up to a maximum of 30
candle feet at 3 feet from the floor.
Electrical outlets
Office standard - 2 double outlets 110 volts, 15 amperes
on one circuit. Open areas - 2 double outlets 110 volts,
15 amperes on 1 circuit per 100 square feet of leased
open area.
Stationery - 2 double outlets 110 volts, 20 amperes on 2
cuircuits
Kitchenette - 4 double outlets, 110 volts, 15 amperes on
2 circuits, and 2 double outlets 110 volts, 20 amperes
on 2 circuits
EXPLANATORY NOTES
ACCESS CONTROL SYSTEM The system controlling access to the main entrances of
the Industrial park includes, but is not limited to,
card readers, electronic locks, other complementary door
hardware installed, controllers, movement detectors,
door contacts, computers and control software, all
conduits and necessary wiring for it's proper
functioning. All additional equipment added by the
Lessee above and beyond that furnished by the Lessor, (
card readers, electronic locks, movement detectors, door
contacts, etc) are not included in the definition of
Access Control system.
VIDEO SURVEILLANCE SYSTEM
The exterior video camera system surveys the front and
back of all of the buildings in the Industrial park and
is linked to a recording device. The system includes,
but is not limited to, the video cameras, the
multiplexers, the poles, the computer hardware and
software required for control, and all cabling and
wiring. ANY ADDITIONAL EQUIPMENT REQUIRED BY THE LESSEE
(ADDITIONAL CAMERAS OR MULTIPLEXERS) ARE NOT INCLUDED IN
THE ABOVE DEFINITION.
FIRE ALARM SYSTEM The ionic, smoke, or other detectors controlling the
premises of the industrial park along with the sprinkler
system.
HVAC SYSTEM The HVAC system includes:
a) All HVAC equipment and installation
b) All conduits, boxes, mixers, diffusers and
controls located in the leased premises and
elsewhere in the industrial park;
c) The spaces in which are located all the common
installations for HVAC and all the equipment
improvements and services therein.
d) All HVAC units located on the roof, in a window,
or on a wall
e) The power units of fuel systems required for such
equipment
f) All conduits, air treatment units, and common
ventilation, cooling equipment
g) All control, supervision, and energy savings
systems including the computer software, hardware,
thermostats and other equipment required for the
system to function.
The HVAC system does not include the following:
a) Autonomous individual HVAC units installed by the
Lessee in the Leased Premises ;
b) Air distribution systems installed by the lessee
in the Leased Premises
c) Conduits, air treatment units, and auxiliary units
installed by or for a Lessee or by or for a group
of Lessees to respond to its or their specific
requirments, or that have to be installed to
recycle their own air.
SHIPPING/RECEIVING
DOORS All shipping receiving doors in the warehouse shall be
equipped with exterior cushions and dock levellers.
EXTERIOR LANDSCAPING Parking has to be paved, landcaping and grass
