Rent & Operation Contract entered by and between Liyang the Fifth Season General Merchandise Investment Management Co., Ltd. and Quanjuxiang Catering dated February 5 2010
Exhibit 10.5
Rent & Operation Contract entered by and between
Liyang the Fifth Season General Merchandise
Investment
Management Co., Ltd. and Quanjuxiang Catering dated February 5 2010
Party A: Liyang The Fifth Season General Merchandise Investment Management Co., Ltd
Party B: Quanjuxiang Catering
- General Information of the Rented Room
- Rent Purpose: Xinhuachu Catering
- Location: 0xx Xxxxx, 0xx Season Department Store Building, Intersection between Luowan Road and Yucai Road, Liyang City
- Area: 3274 sq.m.
- Property Right
- Party A promises to own the operation right to the rented room, and Party A is totally entitled to rent the room. Party A would settle the problem if there is any third party claims to the property right to the rented room.
- Term, Rental and Other Fees of Tenancy
- Term of Tenancy: from August 1, 2010 to July 31, 2022
- Free Rental Term: from August 1, 2010 to July 31, 2011
- Rental: RMB 836,000 yuan for the first four years, the annual rental will increase by 3% per year after that (rental excluding from fees on water, electric, gas, communication, property management and government levy)
- Way of Payment: pay twice a year
- Headlines of the articles omitted
- Decoration & Fitment
- Sales & Property Management
- Modification and Termination of Contract
- Breach of the Contract
- Miscellaneous
