LEASE AGREEMENT TERMS AND CONDITIONS
Our corporate headquarters are located at 00000 Xxx Xxxxxxxx Xxxxxxxxx, Xx.
Xxxxx, Florida 33907, (000) 000-0000. Our transfer agent is Xxxxxx &
Xxxxxxx, P.C., 0000 Xxxxx Xxxx Xxxxxxxx, Xxxxxxxxxx, Xxxxx Xxxxxx 00000
(000) 000-0000.
The Company executed a 3-Year Lease Agreement on May 23, 2000 with S.W.
Enterprise Associates, Inc. to cover the 2,491 square foot corporate
headquarter location. The Lease Agreement expires on May 31, 2003 and
contains the following payment terms:
Quarter Base Rent CAM Tax Monthly
1 $ 24,000.00 $ 17,550.00 $ 2,493 $ 3,670.25
2 $ 24,000.00 $ 15,550.00 $ 2,493 $ 3,670.25
3 $ 28,600.00 $ 17,560.00 $ 2,782 $ 4,095.13
4 $ 32,400.00 $ 17,560.00 $ 2,998 $ 4,163.33
Year
2 $ 33,695.00 $ 18,262.40 $ 3,118 $ 4,589.55
3 $ 35,043.84 $ 18,992.90 $ 3,242 $ 4,773.25