Made and entered into this 1st day of June, 1995, by and between CLARKSBURG
MASONIC BUILDING, a West Virginia corporation, of 000 Xxxx Xxxx Xxxxxx,
Xxxxxxxxxx, Xxxx Xxxxxxxx (Lessor), and INDUSTRIAL DATA SYSTEMS, INC., 000
Xxxxxxx Xxxxx Xxxxx, Xxxxxxxx 000, Xxxxxxx, Xxxxx 00000-0000, (Lessee).
WITNESSETH: That the Lessor and Lessee agree to the following:
1. The Lessor leases to Lessee and Lessee takes and hires from the Lessor,
office space being approximately 180 square feet, situate on the fifth floor of
the Masonic Temple Building located at 000 Xxxx Xxxx Xxxxxx, Xxxxxxxxxx, Xxxx
Xxxxxxxx, together with the right to ingress and egress through the front door
and lobby and through the back door.
2. The term of the Lease shall commence June 1, 1995 at 12:01 a.m. and
shall extend for a period of one year expiring at midnight May 31, 1996, and
shall be automatically renewed for two additional consecutive one-year extended
terms unless Lessee shall notify Lessor in writing of its election not to renew
the Lease at least three calendar months prior to the end of the original term
or any extended one-year term.
3. Lessee shall pay the Lessor, at the latters previously mentioned
address, rent in the amount of One Hundred Forty Four Dollars ($144.00) monthly
on or before the first day of the month for which payment is made during the
original term and any extended term provided for in Paragraph Two.
4. Lessee shall use the leased premises for office space and related
functions and for no other purpose unless written approval of Lessor is first
obtained.
5. The Lessor shall maintain the leased premises in good, safe, usable,
tenable condition (except of Lessee's obligations, hereinafter specified),
including the heating system, plumbing system, toilet facilities, air
conditioning system, electrical system, entry ways and common facilities of the
entire building as they include or affect the leased premises.
7. Lessee, may at its cost, paint and repair the leased premises, change
and add lighting fixtures and facilities, install additional electric wiring and
outlets, repair and replace floor coverings, and remove, rearrange or install
new partitions between rooms in the leased premises. All leasehold improvements
of the nature described in this paragraph shall become the property of the
Lessor when this tenancy terminates.
8. Lessee may install such trade fixtures, equipment and appliances in the
lease premises as it deems necessary or convenient at the beginning of the term
or any extended term and from time to time during its tenancy, and may remove or
replace them at will. These trade fixtures, equipment, and appliances shall
remain the property of Lessee or the persons from which it may have leased them.
Lessee shall refrain from permanent damage or substantial alteration of the
building in such installation, use or removal.
9. If, during the term or any extended term of this Lease, the building is
so injured by fire or other casualty not occurring through the Lessee's
negligence that the leased premises are rendered wholly unfit for occupancy and
said leased premises cannot be repaired within sixty (60) days of the happening
of such injury, then this lease may be terminated by either party giving written
notice of such intentions. In the event of a partial destruction by fire or
other casualty that does not result in the leased premises becoming wholly
untenable, Lessor agrees to proceed diligently with the necessary repairs of the
damage and this Lease shall continue in force except that rentals shall be
equitably prorated during the period of such damage, based upon the degree of
interference sustained by Lessee resulting from said fire and casualty.
10. The Lessor shall supply keys for all access doors to the leased
premises and shall provide access to the leased premises at least between the
hours of 7:00 a.m. and 11:00 p.m., seven days a week. Lessee may duplicate keys
for use of its employees working in the leased premises and shall return all
keys to Lessor at the end of the tenancy.
11. This Lease constitutes the entire agreement between the parties and
shall not be modified or amended except in writing signed by both parties.
12. Any waiver or a provision of or a right given in the Lease shall be
deemed a waiver for that occasion only and shall not be construed as a waiver of
the provisions or right on any other occasion.
13. The provisions of this Lease shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns.
IN WITNESS WHEREOF, the parties hereto have executed this Lease the day and
year first above written.
CLARKSBURG MASONIC BUILDING COMPANY
By:
INDUSTRIAL DATA SYSTEMS, INC.
By: /s/ XXXXXXX X. XXXXXX
Xxxxxxx X. Xxxxxx
