OFFICE SPACE AGREEMENT
Exhibit 10.3
This office space agreement (“Agreement”) is entered into and effective as of September 1, 2017 (the “Effective Date”) by and between Axelerex Corp, a Nevada corporation (“Axelerex”) and Xx. Xxxxxx Xxxxxxxx (“Xx. Xxxxxxxx).
In consideration of the mutual promises and conditions contained in this Agreement the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
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1.
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TERM
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This Agreement shall be effective from the Effective Date to (“Term”). This Agreement shall automatically renew thereafter for one-year term, unless either party provides notice to the other of its intention not to renew at least 30 days prior to the expiration of the initial or then-effective renewal term.
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2.
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STATEMENT OF SPACE
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During the Term, Xx. Xxxxxxxx shall provide Axelerex office space at the address 00 Xxxxx-Xxxxxx-Xxxxx, Xxxxxx, 00000 Xxxxxxx.
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/s/ Xxxxxx Xxxxxxxx
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By: Xxxxxx Xxxxxxxx
Title: President and Secretary
Date: September 1, 2017
