RENTAL AGREEMENT
This Rental Agreement made the first day of February, 1998, between Signature
Floors, Sub-lessor, and Fiberstars, Sub-lessee, for the term of fourteen months
commencing on February 1, 1998 and ending on March 31, 1999 for the total rent
of $15,190.00 the following Real Estate, in its present condition in the city
of Fremont, CA, at 00000 Xxxxxx Xxxxxx (It shall be an area of approximately
5200 sq. feet including common areas to be equally divided between three
occupants).
WITNESSETH: That the Sub-lessor, in consideration of the hereinafter mentioned
and of the covenant of the Sub-lessee herein contained, hereby rent the
previously defined premises as follows:
RENTAL: $1,085.00 per month, payable monthly in advance, on the first day of
each and every month without notice or demand and without deduction of any kind;
it being hereby expressly conditioned and agreed that the punctual payment of
said rent is a material consideration for the letting of said premise to the
lessee at rental above stated. SUB-LESSEE will also be responsible for payment
of one third of annual property tax (approximately $965.00), one third of annual
property insurance (approximately $211.00), and one third of the water bills and
landscaping.
The Sub-lessee agrees with the Sub-lessor as follows:
1. That they will pay said rent at the time specified above.
2. That they will not use or permit said premises to be used for any
unlawful, improper or offensive purpose.
3. That they will not assign said premises or any part thereof without
the written consent of the Sub-lessor.
4. That they will, before vacating said premises give said Sub-lessor
notice of their intention to do so at least 30 days before the
expiration of the rental month.
5. That in addition to the rental aforesaid they will indemnify the
Sub-lessor to the full amount of all injury of damage to the above
premises and the property described not due to ordinary wear and
tear of unavoidable casualty.
6. That the Sub-lessor or his agent may at reasonable times, enter upon
said premises to examine the conditions of the same, to take or
send persons on said property, seeking to rent, make repairs or
improvement.
7. That they have carefully read this agreement and understands same.
Security deposit of $1,117.00 received.
For non-payment of Rent-Damage to building or cleaning. To be refunded to the
Sub-lessee upon full performance of all of the terms, covenants and conditions
herein contained and on their part to be observed and/or performed.
SIGNATURE FLOORS-SUB-LESSOR /S/ XXXX XXXX IV
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FIBERSTARS-SUB-LESSEE /S/ XXXXX XXXXXXXXX
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