EXHIBIT 10.1 Corporate Lease
LEASE
This lease made this 9th day of February, by and between Xxxx X Xxxxxxx, 000
Xxxxx Xxxxx Xxxxxx, Xxxx, Xxxx, hereinafter referred to as "Lessor" and Xxxxxx
Xxxxx DBA: FineLine Xxxxxxxxxx.xxx, Inc., hereinafter referred to as "Lessee".
WITNESSETH:
That Lessor and Lessee covenant with each other as follows:
Demised Premises
The lessor, for and in consideration of the rents, covenants and agreements
specified to be paid, kept and performed by the Lessee, hereby leases to the
lessee, the entire office area located on the second (2 nd) floor of the
building found at 000 Xxxxx Xxxxx Xxxxxx, Xxxx Xxxx, 00000, and using the
address 000 Xxxxx Xxxxx Xxxxxx, Xxxx Xxxx, 00000. Such premises, including rest
rooms, hallways, stairwells and entranceways leading to them are hereinafter
referred to as "Demised Premises", and lessor represents said premises in good
condition and repair, including heat, air conditioning , electric and plumbing.
No other representations or promises except such as are contained herein or
endorsed hereon have been made to the Lessee as to the condition of the demised
premises. Lessee's act of taking possession of said premises shall be
conclusive evidence that said premises are in good and satisfactory condition.
Terms of Lease
The terms of this lease will be two ( 2 ) years, commencing February 10th, 1999.
Rent
Lessee hereby covenants and agrees to pay Lessor as rent for the demised
premises the following: The total sum of $9,600.00 payable in advance on the
first of the month and in 12 consecutive monthly installments of $800.00
commencing on February 10th, 1999
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Liability
It is specifically agreed that the "Lessee" shall be jointly and severally
liable for the performance of all "Lessee's" covenants contained herein.
Security Deposit
As a security fund for the faithful performance of the terms and conditions set
forth within this lease, Lessee agrees to deposit with lessor on or before
taking possession of the demised premises, the sum of $800.00. Providing that
Lessee has fully performed all the terms and conditions of the within lease,
this security fund shall be returned to Lessee at the termination of this lease.
It is understood between Lessor and Lessee that in the event of breach or
default of the covenants, terms and conditions of this lease, Lessor shall
return Security Deposit to Lessee less any amount required to cure any default
hereunder; however, this shall not prevent Lessor from asserting any other
claims for damages which Lessor may have against Lessee.
Renewal Options
Lessee is granted the option provided it is not in default of the provisions
and conditions of this lease, to renew this lease for (2) renewal period of
(2) years by giving written intention to do so to Lessor at least ninety (90)
days before the end of initial term of lease; renewal shall be upon the same
terms and conditions set forth in this lease , with rent increases, based upon
leading indexes, not to exceed 15%.
Whereupon Lessee fails to notify Lessor of intention to vacate demised premises
upon completion of initial term of this lease by written notice at least ninety
(90) days before the end of initial term of lease, Lessor shall have the option
to assess Lessee an automatic renewal period of twelve ( 12 ) months upon the
same terms and conditions set forth in this lease, with rent increase, based
upon leading indexes, not to exceed 10%.
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Use of Premises
The demised premises shall he occupied and used solely for the purpose of an
office-oriented business including all things necessary and incidental thereto.
Lessee agrees to use demised premises in a careful, safe manner, and to
continuously operate said business in a high grade and reputable manner.
Alterations
No structural alteration, addition or improvement to the demised premises shall
be made by the Lessee without the prior written consent of the Lessor, of which
consent shall not be unreasonably withheld. All leasehold improvements,
additions or alterations made by Lessee after receiving such consent shall be
in accordance with all applicable laws including permits, and shall be
accomplished at Lessee's sole expense. Lessee shall further indemnify Lessor
harmless from and against all liens, claims or damages by reason of any such
improvement, addition or alteration.
Maintenance and Repair of Demised Premises
Lessee agrees to make necessary ordinary interior repairs, including walls,
floors, light fixtures, and ceilings, except repairs due to fire or other
casualty however caused. Lessor assumes responsibility of normal wear of
carpeting, however, any damage brought about by the negligence of Lessee shall
be the sole responsibility of the Lessee and agrees repairs will be made to the
satisfaction of the Lessor. Lessee shall comply with all building codes
relative to the upkeep of furnished fire extinguishers and smoke alert devices.
Lessee agrees to repair any broken window glass. If Lessee refuses or neglects
to commence or complete repairs promptly and adequately for which they are
responsible under the terms of this lease, Lessor may, but is not required to
do so, notify Lessee of intention, and complete said repairs, at the expense of
the Lessee. In as much as the demised premises are defined as inclusive of all
hallways and stairwells. Lessor agrees to maintain the structural soundness of
any said hallways and stairwells and repair any damage brought about by normal
wear. Lessee agrees to maintain hallways and stairwells on a daily basis and
agrees to provide for the safety, care, and cleanliness reasonable rules and
regulations to insure LESSEE'S comfort, quiet enjoyment of the Premises.
IN WITNESS WHEREOF, the parties have hereunto set their hands or caused this
Lease Agreement to be executed by their authorized agents as of this 9th day of
February, 1999.
s/s Xxxx X. Xxxxxxx
-------------------------------
By: Xxxx X Xxxxxxx
000 Xxxxx Xxxxx Xxxxxx
Xxxx, Xxxx 00000
s/s Xxxxxx Xxxxx
-------------------------------
By: Xxxxxx Xxxxx
President
FineLine Xxxxxxxxxx.xxx, Inc.
0000 Xxxxxx Xxxxxx
Xxxxxxxx, Xxxx 00000
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EXHIBIT "A"
3200 & 3250 OFFICE BUILDINGS
RULES AND REGULATIONS
1. The sidewalks, entrances, passages, elevators, vestibules, stairways,
corridors, and halls shall not be obstructed or encumbered by any LESSEE or
used for any purpose other than ingress and egress to and from the Premises,
2. No awnings or other projections shall be attached to the outside walls
of the Building, There shall be no marking, painting, drilling into or in any
way defacing part of the demised Premises or the Building of which they form a
part without LESSOR's written consent which shall not be unreasonably withheld,
no boring, cutting, or stringing of wires, shall be permitted except with prior
written consent of the LESSOR which shall not be unreasonably withheld and as
the LESSOR may direct.
3. No sign, decoration, advertisement, notice or other lettering shall be
exhibited, inscribed. painted or affixed by any LESSEE on any part of the
outside or inside of the demised Premises or Building without the prior written
consent of the LESSOR which shall not be unreasonably withheld. In the event of
the violation of the foregoing by any LESSEE, LESSOR may remove same without
any liability, and may charge the expense incurred by such removal to the
LESSEE or LESSEE's violating this rule. Interior signs or directories shall be
inscribed for each LESSEE by the LESSOR and be of a size, color, and style
acceptable to the LESSOR.
4. The water and wash closets and other plumbing fixtures shall not be used
for any purpose other than those for which they were constructed, and no
sweepings, rubbish, rags, coffee grounds, or other substances shall be, thrown
therein. All damages resulting from any misuse of these fixtures shall be borne
by the LESSEE who, or whose servants, employees , agents, visitors, or
licensees, shall have caused the same.
5. No bicycles, vehicles, or animals of any kind shall be brought into or
kept on or about the demised Premises of the Building of which they form a
part, and no cooking shall be done or permitted by any LESSEE on said
Premises. No LESSEE shall cause or permit any unusual or objectionable odors
to be produced upon or permeate from the demised Premises.
6. No space in the Building shall be used for manufacturing, for the
storage of merchandise, or for the sale of merchandise, goods, or property of
any kind.
7. No LESSEE, nor any of LESSEE's servants. employees, agents, visitors, or
licensees, shall at any time bring or keep upon the demised Premises any
inflammable,combustible, or explosive fluid, chemicals, or substance.
8. No additional locks or bolts of any kind shall be placed upon any of
the doors, or windows by any LESSEE, nor shall any changes be made in existing
locks or the mechanism thereof. Each LESSEE must, upon the termination of his
tenancy, restore to the LESSOR all keys of offices, store rooms, and toilet
rooms, either furnished to or otherwise procured by, such LESSEE.
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9. All removals, or the carrying in or out of any safes, freight,
furniture or bulky matter of any description must take place during the hours
which the LESSOR or its Agent may determine from time to time. The LESSOR
reserves the right to prescribe the weight and position of all safes, which
must be placed upon two inch (2") thick plank strips to distribute the weight,
the moving of safes or other fixtures or bulky matter of any kind must be made
upon previous notice to the management of the Building and under his
supervision, and the persons employed by any LESSEE for such work must be
acceptable to the LESSOR. The LESSOR reserves the right to inspect all freight
to be brought into the Building and to exclude from the Building any freight
which violates any of these Rules and Regulations or the Lease Agreement of
which these Rules and Regulations are a part.
10. No LESSEE shall occupy or permit any portion of the demised Premises
to be occupied as an office for the possession, storage, manufacture, or sales
of liquor, narcotics, dope, tobacco, in any form, or as a xxxxxx or manicure
shop, or as an employment bureau, unless said LESSEE's lease expressly grants
permission to do so. No LESSEE shall engage or pay any employees on the demised
Premises, except those actually working for such LESSEE on said Premises, not
advertise for laborers giving an address at said Premises,
11. LESSOR shall have the right to prohibit any advertising by the LESSEE
which, in LESSOR's opinion, tends to impair the reputation of the Building or
its desirability as a building for offices, and upon written notice from
LESSOR, LESSEE shall refrain from or discontinue such advertising.
12. Any person employed by any LESSEE to do janitor work must obtain
LESSOR's consent and such person shall while in said Building and outside of
said demised Premises comply with all instructions issued by the management of
the Building.
13. Each LESSEE, before closing and leaving the demised Premises at any
time, shall see to it that all lights, coffee pots, etc. are turned off.
Further, no LESSEE shall, at any time, unlock and remain unlocked a main
Building door; nor shall any LESSEE prop a locked door open to prevent it from
closing fully.
14. The demised Premises shall not be used for lodging, or sleeping, or
for any immoral or illegal purpose.
15. The requirements of LESSEE's will be attended to only upon
application at the office of the Building management. LESSOR's employees shall
not perform any work or do anything outside of their regular duties unless
under special instruction from the Building manager. Any such requirements
from LESSEE's should be made known to LESSOR by calling the office of the
Building at 867-5024.
16. Canvassing, soliciting, and peddling in the Building is prohibited
and each LESSEE shall cooperate to prevent the same.
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17. All office equipment of any electrical or mechanical nature shall
be placed by LESSEE in demised Premises in approved settings to absorb or
prevent any vibration, noise, or annoyance.
18. No water cooler, plumbing, or electrical fixtures shall be
installed by any LESSEE without the prior written consent of the LESSOR which
shall not be unreasonably withheld.
19. There shall not be used in any space, or in the public halls of the
Building, either by any LESSEE or by jobbers or others, in the delivery or
receipt of merchandise, any hand trucks, except those equipped with rubber
tires and side guards.
20. Mats, trash, boxes or other objects are not permitted in the
public corridors.
21. LESSOR s janitor shall take charge of leased Premises and keep the
same in order without additional cost to LESSEE, but the LESSEE shall not cause
unnecessary labor by reason of his carelessness and indifference to the
preservation of good order and cleanliness.
22. Since LESSOR has the right to exclude any undesirable and
disorderly persons from the Building at any time, LESSOR may require
satisfactory identification, including signing of a register of all persons
seeking admission to the Building between the hours of 6:00 p.m. and 8:00 am.,
Monday through Friday, and after 12:00 noon on Saturday to 8:00 a.m. on the
following Monday,
23. LESSEE is obligated to require his employees, guests, and
visitors to observe proper parking as designated in the adjacent parking areas
and to promptly cooperate with LESSOR and his agent in enforcement of this
requirement.
24. LESSEE must also comply with any subsequent rules that may be
promulgated or issued by LESSOR for the general benefit of all LESSEE's as a
whole in said Building.
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LEASE AMENDMENT
This Lease Amendment, dated January 19, 1999 by and between Fairlawn
Associates Limited, an Ohio Limited Liability Company, hereinafter called the
LESSOR, and Fineline Xxxxxxxxxx.xxx, Inc., an Nevada Corporation, hereinafter
called the LESSEE.
WITNESSETH
WHEREAS, LESSOR and LESSEE did make and execute a Lease Agreement dated
September 10, 1996, as amended on April 28, 1998, for space designated as Suite
#302, comprising of approximately 885 square feet of office space located in
the office building known as 0000 Xxxx Xxxxxx Xxxxxx, Xxxx xx Xxxxx, Xxxxxx of
Summit, and State of Ohio (hereinafter referred to as the "Premise" or
"Premises"); and
WHEREAS, the parties hereto desire to alter and modify said Lease
Agreement in the manner hereinafter set forth;
NOW THEREFORE, in consideration of the mutual and reciprocal promises
herein contained, LESSOR and LESSEE hereby agree that said Lease Agreement
hereinabove described be, and the same is hereby modified, in the following
particulars effective February 11 1999:
1. The term of the hereinabove described Lease Agreement shall be
extended for a, one (1) year term, commencing February l, 1999 and expiring
January 31, 2000.
2. LESSEE hereby agrees to pay LESSOR, as rent for the Premises,
Fourteen and 25/100 Dollars ($14.25) per square foot, or the annual sum of
Twelve Thousand Six Hundred Eleven and 28/100 Dollars ($12,611.28), payable
monthly in the amount of One Thousand Fifty and 94/100 Dollars ($1050.94).
All rents are due and payable on or before the first day of the month
commencing February 1, 1999.
3. Except as hereby amended, said Lease Agreement shall continue in
full force and effect, and the parties hereto affirm and ratify all provisions
thereof.
4. This Lease Amendment shall be binding upon and inure to The benefits
of the parties hereto, or their successors and assigns.
IN WITNESS WHEREOF, LESSOR and LESSEE have caused this instrument to be
executed as of the date first above written, by their respective officers or
parties thereunto duly authorized.
Signed in the presence of:
Fairlawn Associates Limited
An Ohio Limited Liability,
Company by
RDA Management, Inc. its Managing Member
Reunick X. Xxxxxxxx, President
Fineline Xxxxxxxxxx.xxx, Inc.
A Nevada Corporation
s/s Xxxxxx Xxxxx
-------------------------
Xxx Xxxxx, President
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