English Translation] Tenancy Agreement
Exhibit
10.2
[English
Translation]
Two
parties
Owner:
Lai Ping Xxxx
Xxxxxx:
Info Smart Technology Limited (Xxxx Xxx Po Nei)
The
two
parties agree on the lease as below:
1.
The
owner rents out the unit to the xxxxxx, located in Xxxx X0, Xxxxx 00, Xxxxx
X,
Xxxxxxx Xxxxxxx Xxxxxxxx, Xx.00, Xxx Xxxxx Xxxxxx, Xxxx Xxxx. The lease is
7,500
Hong Kong dollars per month ( A receipt will be given while receiving the money)
with the time remark of one year, namely from April 1st
,2006 to
march 31st,
2007.
The xxxxxx can not go off fire within the lease; otherwise he must pay for
the
double lease in all. If the xxxxxx needs to move out within one year, the owner
will be entitled to keep the one-month deposit for his loss.
2.
The
xxxxxx can not rent out the room to the third, and he should not take up other
places but the leased room above. Beyond the time limit, if the xxxxxx wants
to
live continuously, he should notify the owner by letter ahead of one month
(The
two parties also need to sign a new effective contract), otherwise the xxxxxx
must turn in one-month lease. If the owner wants to withdraw the flat, he should
also inform the xxxxxx ahead of one month.
3.
The
lease must be paid on the first day every with the former paying method, and
the
xxxxxx can not find any excuses to default. If the xxxxxx postpones the payment
for 10 days, the owner will put up a notice on the wall of the building to
promote the payment. If the xxxxxx doesn’t give the money to the owner or
non-fulfill any term in the contract, the owner has the legal right to end
the
agreement, and the revolution will be carried out based on the contract-breaking
of the xxxxxx. Moreover, the owner will rent the flat to another and ask for
the
unpaid lease, the xxxxxx should agree to it.
4.
When
the xxxxxx moves away, he must take away all the furniture and other sundries
with the lease except the things of the owner. If the xxxxxx finds some excuses
not to give back the keys or leave any things for putting off the moving time,
in three days after the xxxxxx moves away, the owner has the right to sell
the
things with two eyewitnesses without the procedure in the police station and
the
hire court. the money will make up the difference, if it isn’t enough yet, the
xxxxxx must pay for the rest.
5.
The
xxxxxx needn’t pay for the construction and the take-over expenses, but he
should give two-month-lease deposit to the owner, namely 15,000 Hong Kong
dollars. The owner will return the deposit without interest and take back the
contract. If the xxxxxx doesn’t pay off the lease and other expenses, the owner
is entitled to deduct the difference in the deposit. It should be known to
the
xxxxxx that the deposit can’t be paid for the rent as cash.
6. The
property tax is paid by the owner, and the government rates, management expense,
water, electricity, pump, telephone and other expenses will be paid by the
xxxxxx.
7.
This
building is only be used as an industrial storehouse, so the xxxxxx mustn’t
store dangerous goods or do other illegal things breaking the laws of Hong
Kong
in it, otherwise, the owner will notify the relevant government. The xxxxxx
should not make noise or disturb the neighbors. If there are dissatisfactions
from them and he still does as before, the owner is entitled to force him
out,
8.
The
hang of clothes should be in the allowed place, and if there is damage or loss,
the owner has no responsibilities. Without the written allowance of the owner,
the xxxxxx can’t put up any individual or team signs on any places of the
building as well as announcement advertisements. The xxxxxx shouldn’t assemble
clotheshorses, pergola, and lampion signs and so on. If the xxxxxx breaks the
regulations, the owner will send for someone to knock them down and all the
relevant expenses must be paid by the xxxxxx.
9.
All
the former equipment and room may be changed only with the allowance of the
owner. If there is a notice from the government to inform of knocking down
the
unit, the lease must move out in the limit time without any amends of the owner.
10.
If
there is any damage on the equipment of the flat such as cleanness appliances,
water faucet, penstock, the xxxxxx should repair or pay for them. If the xxxxxx
damage unconsciously the equipment of the building or others’ furniture, or hurt
others, he must be responsible for that. The xxxxxx should purchase the wind,
water, fire, thieving and accident disaster insurance. If the xxxxxx suffers
from any losses, the owner isn’t in responsibilities.
11.
The
xxxxxx is not permitted to raise cats, dogs and other hateful birds and animals
in the building.
12.
The
xxxxxx should not refuse the persons sent by the owner to check the flat or
do
repairing at the proper time. At the deadline or ahead of the deadline, in
noninterference, the xxxxxx should permit the person who carries the written
certification of the owner to enter the flat to check in a appropriate time.
13.
The
paper-cut for window decoration in the walls installed by the xxxxxx when he
just moves into the building, it can’t be put down and kept tidy when he moves
out. The xxxxxx can take back the cut-paper for window decoration only with
the
allowance of the owner and must repair the building completely. A water and
an
electricity watches are included in the building, and the xxxxxx should return
them to the owner without damage. If the xxxxxx damages the equipment
attentively, the owner will accuse him of attentive damage crime and he must
pay
for it.
14.
The
watches of the building registered with the owner’s name, are maintained and
repaired by the owner. The xxxxxx pays for the expense according the consumption
on them, if the xxxxxx owes the rent for over 15 days or doesn’t turn in the
expenses including water and electricity expenses and management expense, the
owner is entitled to stop providing water and electricity power for the
xxxxxx.
15.
The
xxxxxx receives the
keys to
the doors and mail boxes from the owner and he must returns it to the owner
when
leaving. If he loses them, he must prepare another series.
16.
This
release includes two originals and two copies, and the owner and the xxxxxx
keep
each one. Stamp tax, lease and layer expenses are paid equally by both parties.
If there are something not to be noted, they can be handled in accordance with
the relevant regulations and laws on building lease.
Two
parties
The
owner: Owner’s signature(s) /s/ Lai Xxxx Xxxx
ID
number
or business registration number: A198897
The
xxxxxx: Xxxxxx’x signature(s) /s/ Xxxx Xxx Po Nei for Info Smart Technology
Limited
ID
number
: K100228(7) or business registration number: 32327759-000-12-04-5
Eyewitness:
March
22nd
,2006
Remarks:
Cleanness
equipment:
| 1 |
Men’s
Washroom: two boxes, one seat per box for stool, two washing basins.
|
| 2 |
Women’s
Washroom: three boxes, one seat per box for stool, three washing
basins.
|
| 3 |
One
copy of the insurance for the goods bought by the xxxxxx should be
given
to the owner
|
