OFFICE SERVICE AGREEMENT
This Agreement is made this 22ND day of DECEMBER 1999, by and between EOG
42ND STREET INC., d/b/a VANTAS OFFICEING SOLUTIONS WORLDWIDE ("Center")
having offices known and numbered as SUITE 1700 (the "Facility") in the
building located at 000 XXXXXXXXX XXXXXX, XXX XXXX, XXX XXXX 00000 (the
"Building") and CAREER CENTRAL CORPORATION. ("Client") a corporation, with an
address of 0000 XXXX XXXXXXXX XX., XXXX XXXX, XX 00000 for a term of 12
months, commencing on the 1ST DAY OF JANUARY 2000 at 9 a.m. (the
"Commencement Date") and ending on the 31ST DAY OF DECEMBER 2000 at 5 p.m.
(the "Initial Term") unless renewed in accordance with Paragraph 3.
In consideration of the foregoing, the parties for themselves, their
heirs, legal representatives, successors and assigns, agree as follows:
1. CENTER'S OBLIGATIONS.
a. Subject to terms and conditions of this Agreement, Center hereby agrees
to provide Client for the Term (as defined below in Paragraph 3): (a)
the exclusive use of Furnished Private Office(s) number(s) 91.92
located in the Facility (the "Premises"); and (b) non-exclusive use of
the following services:
- Furnished, Decorated Reception Room with Professional Receptionist
- Personalized Telephone Answering During Office Hours
- 24 hour Voicemail
- 8 hours of Conference Room per month subject to prior scheduling and
use by other Clients
- Corporate Identity on Lobby Directory where Available
- Receipt of Mail and Packages
- Complete Kitchen Facilities with Coffee Service
- Utilities and Maintenance
- HVAC During Normal Business Hours
- Janitorial Services
- 8 hours per month courtesy use of other VANTAS affiliated
facilities. Locations subject to current affiliation and
availability.
b. If, for any reason, Center cannot deliver possession of the Premises to
Client on the Commencement Date, this Agreement will remain in full
force and effect, however, there will be an abatement of the Monthly
Office Charge for the period between the Commencement Date and the date
that the Premises are delivered to Client.
2. USE.
The Premises will be used by Client solely for a BUSINESS OFFICE and such
other normally incident uses and for no other purpose, in strict accordance
with the Operation Standards, with are annexed hereto as Schedule A. Client
will not offer at the Premises any services which Center provides to its
Clients, including, but not limited to those services described in Paragraph
1. Client will not make or permit to be made any use of the Premises,
Facility or Building which would violate any of the terms of this Agreemnt or
which, directly or indirectly, is forbidden by law, rule or regulation, which
may be dangerous to life, limb or property or which could in any way impair,
interfere or tend to impair or interfere with the high quality character,
reputation or appearance of the Building or the Facility or with any services
performed by Center for Client or for others. The foregoing provisions will
also apply to Client's Users (as defined in Paragraph 9).
3. RENEWAL.
Upon expiration of the Initial Term and on any subsequent renewal term (each,
a "Renewal Term" and together with the Initial Term, the "Term") of this
Agreement, the Agreement automatically will be extended for the same period
of time as the Initial Term and upon the same terms and conditions as herein
contained except for the amount of the Monthly Office Charge (as defined in
Paragraph 4) then in effect, which will each be increased by seven percent
(7%), unless either party notifies the other in writing within the period
hereinafter specified that the Agreement will not be extended. If Client has
less than three offices, such notice will be given at least sixty (60) days
prior to the expiration of the Initial Term or the Renewal Term, as the case
may be. If Client has three or more offices, such notice will be given at
least ninety (90) days prior to the expiration of the Initial Term or the
Renewal Term, as the case may be.
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4. MONTHLY OFFICE CHARGE.
a. For and during the Term of this Agreement, Client will pay to Center,
on or before the first day of each month after the Commencement Date,
the sum of $4,100 as a Monthly Office Charge (subject to increase in
accordance with Paragraph 3 above) for the Premises. If any payment of
Monthly Office Charge or other charge due under this Agreement is not
received within five (5) calendar days after its due date, the Client
will also pay, in addition to Monthly Office Charge, a late payment
charge which will be an amount equal to ten percent (10%) of any amount
owed to Center or fifty dollars ($50.00) whichever is greater. The
financial terms of this Agreement are strictly confidential and Client
agrees not to knowingly or willfully divulge this information to any
other Client or potential Client of Center.
b. The Monthly Office Charge payable during the Term of this Agreement is
subject to increase following notification of any increase in the rent,
operating expenses or taxes which the Center might receive under the
Main Lease (as defined in Paragraph 20), including any increase in
respect of past periods under the Term. Center will promptly notify
Client in writing of any such increase, and will xxxx Client for its
pro rata share thereof.
c. The Monthly Office Charge is based on the value of the use of the
Premises and services to be used by 4 person(s) only. If more than
said number of person(s) regularly use the Premises or services, the
Monthly Office Charge will be increased in an amount equal to One
Hundred Fifty Dollars ($150) for each such additional person.
d. If a Client check is returned for any reason, Client will pay an
additional charge of One Hundred Dollars ($100.00) per returned check
and, for the purpose of considering default and/or late charges, it
will be as if the payment represented by the returned check had never
been made.
5. REFUNDABLE RETAINER.
a. Client will deposit with Center $8,200.00, in good or certified funds,
as a non-interest bearing refundable retainer. Center may use the
refundable retainer to cure any default of Client under this Agreement,
to restore the Premises, including any and all furniture, fixtures and
equipment, provided by Center to its original condition and
configuration, reasonable wear and tear excepted, to pay for repairs to
any damage to the Premises, Facility and/or Building, caused by Client
or Client's guests, or to pay any Monthly Office Charge or other
charges that Client owes Center at or prior to the expiration of the
Term of this Agreement.
b. The refundable retainer (less any sums used by Center in accordance
with the terms and conditions of this Agreement) will be returned
within sixty (60) days after the termination of any services rendered
or expiration of the Term. Client may not direct or request that the
refundable retainer be applied in lieu of the final payment(s) of
Monthly Office Charge or service charges under this Agreement.
c. In the event that Center applies any of the refundable retainer
deposited pursuant to this Agreement, Center will have the right to
charge the Client, and Client will pay, in addition to any Monthly
Office Charge, such sums are as necessary to cause the refundable
retainer to be returned to its entire original amount.
6. SERVICES.
a. Provided Client is not in default of this Agreement, Center will make
available certain services to Client as more particularly described in
Paragraph 1. Charges for such services will be included as part of the
Monthly Office Charge.
b. Client shall pay a monthly amount equal to $120.00 in respect of the
monthly service package (the "Monthly Service Package"). Payment of
such amount will be on the same terms and conditions as those governing
the payment of the Monthly Office Charge. The Monthly Service Package
will entitle the Client to receive upon request and aggregate of four
hours per month of clerical and/or word processing services from the
center.
c. In addition to the Monthly Service Package, upon request, Center will
make available to Client additional services as Center may make generally
available, the charges for which will be established as per Center's
then scheduled rates as determined by Center. Payment for these
services will be subject to the same terms and conditions as those
governing the payment of the Monthly Office Charge. Center will have
no obligation to provide such services if Client is in default of this
Agreement or if the anticipated charges exceed the amount of the
refundable retainer. When providing services to Client that involve
third parties, Center will have the right to require Client to pay, or
to reimburse Center for, the fees and expenses of such third party in
advance.
7. TELEPHONE SERVICES.
a. Provided Client is not in default of this Agreement, Center will make
available to Client a telecommunications package, the charges for which
will be established as per Center's then scheduled rates as determined
by Center. Payment for these services will be subject to the same
terms and conditions as those governing the payment of the Monthly
Office Charge. All telephone numbers used by Client will remain at all
times the property of Center and Client will acquire no rights in the
components of the telecommunications package whatsoever.
b. Client hereby agrees to indemnify, hold harmless and to reimburse Center
for all charges associated with (1) any toll fraud traceable to
telecommunications services provided by Center to Client including, but
not limited to, unauthorized use of calling cards or telephone lines,
and (2) any advertising costs of Client involving the telephone number
assigned to it, including, without limitation, yellow pages advertising
(it being understood that Center is under no obligation to procure such
advertising and that any such advertising by Client is subject to the
Operations Standards).
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c. It is expressly acknowledged and agreed that Center will be the sole and
exclusive provider of telecommunication services to Client. Client
hereby agrees and covenants that it will not xxx any other telephone
service or telephone carrier to provide it service in the Premises.
d. Center shall not be liable for any interruption or error in the
performance of its services to Client under this Paragraph "7." Client
waives any recourse against Center arising from the provision of such
services, including, without limitation, any claim of business
interruption or for any indirect, incidental, special, consequential or
punitive damages, except for claims arising out of willful misconduct
by Center.
8. LIMITATION OF LIABILITY/INSURANCE.
a. Client will indemnify and hold harmless Center from and against any
loss, damage, injury, liability or expense to or of person or property
occasioned by or resulting from any willful misconduct or grossly
negligent act on the part of Client or Client's Users. Center will not
be liable to Client or to any other person on account of loss, damage
or theft to any business or personal property of Client. Center will
not be liable for any loss, damage, injury, liability or expense to or
of person or property except as may result from Center's willful
misconduct or grossly negligent acts. Center will indemnify and hold
harmless Client from and against any loss, damage, injury, liability
or expense to or of person or property occasioned by or resulting from
any willful misconduct or grossly negligent act on the part of the
Center, its agents, employees, or invitees, or persons permitted on the
Premises by Center.
b. Center will not be liable for any claim of business interruption or for
any indirect, incidental, special, consequential exemplary or punitive
damages arising out of any failure to furnish any service or facility,
any error or omission with respect thereto, or any delay or
interruption of same. Neither Center nor any of its agents, employees,
officers or directors will be deemed to be making any representations or
warranties, whether express or implied, as to the ability of any
systems, including, without limitation, computer and electronic based
equipment, relating to the Building, Facility or Premises or to any
services to be provided hereunder to process date fields relating to
the year 2000 nor will any of them be liable for the failure of such
systems to process such date fields. Center's liability under this
Agreement will in no event exceed the amount paid by the Client for the
services for which the claim arose. The parties agree to the
allocation of risk contained herein.
c. Client will, prior to the Commencement Date of this Agreement provide
Center with a certificate of insurance evidencing General/Public
Liability coverage with liability limits of not less than One Million
Dollars ($1,000,000.00) per occurrence for Bodily Injury and/or
Property Damage Liability and One Hundred Thousand Dollars
($100,000.00) per occurrence for Fire/Legal Liability. Said insurance
coverage will remain in force during the Term of this Agreement. VANTAS
International Incorporated and EOG 42ND STREET INC. d/b/a VANTAS
OFFICING SOLUTIONS WORLDWIDE will be named as an additional named
insured on each of these policies. Client's failure to provide or
maintain such insurance will not reduce or otherwise alter Client's
liability or responsibility to pay any judgment rendered against Client
for any liability or damages. All insurance required to be maintained
by Client include a waiver of subrogation in favor of Center and the
landlord under the Main Lease. Center will not have any obligation to
maintain insurance for Client's benefit.
d. The provisions of this Paragraph 8 will survive the expiration or
earlier termination of the term of this Agreement.
9. OPERATING STANDARDS.
The Operating Standards attached to this Agreement as Schedule A, are hereby
made an integral part of this Agreement. Client, its employees, agents,
guests, invitees, visitors and/or any other persons caused to be present in
and around the Premises by the Client ("Client's Users") will perform and
abide by the Operating Standards then in effect.
10. EMPLOYMENT OF CENTER'S EMPLOYEES.
Client agrees that it will not, during the Term of this Agreement and for a
period of one year thereafter, directly or indirectly, employ or offer to
employ any person who is or has been an employee of Center without prior
consent from Center. If Client hires either an employee of Center or any
person who has been an employee of Center within six months prior to the time
such person is hired by Client, Client will be liable to Center for
liquidated damages equal to six months wages of the employee, at the rate
last paid that employee by Center. The provisions of this paragraph will
survive the Term of this Agreement.
11. ACCESS.
Center and its agents will have the right of access to the Premises at any
time for the purpose of (i) making any repairs, alterations and/or
inspections which it deems necessary in its sole discretion for the
preservation, safety or improvements of the Premises, or (ii) to show the
Premises to prospective Clients, without in any way being deemed or held to
have committed an eviction (constructive or otherwise) of or trespass against
Client.
12. RELOCATION.
Client agrees that the Center may, in its sole discretion, relocate the
Client from its present Premises to a like or similar office space within the
same Facility upon ten (10) days notice to the Client. In the event that the
Center requires the Client to relocate, the Center will bear the reasonable
moving costs of any such relocation. All of terms and conditions of this
Agreement, other than the designation of the Premises provided herein, will
remain unaffected and in full force and effect.
[illegible] Initials [illegible] Initials
----------- -----------
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13. ASSIGNMENT AND SUBLETTING.
No assignment or subletting of the Premises, this Agreement or any part
thereof will be made by Client without Center's prior written consent, which
consent may be withheld in Center's sole discretion. Center may assign its
rights and its obligations under Agreement in whole or in part without
Client's consent.
14. TERMINATION.
a. On expiration or earlier termination of the Term, Client will, without
demand, promptly surrender and deliver the Premises, including any
furniture, fixtures and equipment provided by Center, to Center in its
original condition and configuration, reasonable wear and tear excepted.
If Client fails to so surrender and deliver the Premises, Client agrees to
pay Center, as liquidated damages, a sum equal to twice the Monthly Office
Charge for each month or portion thereof that the Client retains
possession of the Premises.
b. If Client vacates the Premises and leaves behind any property, whatsoever,
such property will be deemed abandoned by Client and may be disposed of by
Center at Client's expense and without liability to Center.
c. In the event the Premises, the Facility or the Building is damaged,
destroyed or taken by eminent domain either party may terminate this
Agreement without liability on (30) days written notice to the other party.
d. Upon early termination of the Main Lease, this Agreement will terminate
without liability to any party unless the Landlord under such Main Lease
elects to have this Agreement assigned to such Landlord or another entity as
provided in such Main Lease.
15. DEFAULT AND REMEDIES.
a. Client will be deemed to be in default of this Agreement if Client fails
to fulfill any of its terms, conditions, covenants or provisions of this
Agreement, including but not limited to (1) PAYMENT OF MONTHLY OFFICE CHARGE
AND/OR ANY OTHER CHARGES HEREUNDER WITHIN TEN DAYS OF THE DATE SUCH CHARGES
BECOME DUE; OR THE ABANDONMENT AND/OR VACATUR OF THE PREMISES BY THE CLIENT
PRIOR TO EXPIRATION OF THE TERM, OR (2) IF CLIENT BECOMES INSOLVENT, MAKES AN
ASSIGNMENT FOR THE BENEFIT OF CREDITORS OR FILES A VOLUNTARY PETITION, OR HAS
AN INVOLUNTARY PETITION FILED AGAINST IT, UNDER ANY BANKRUPTCY OR INSOLVENCY
LAW.
b. In case of such default, the Center may, at its sole discretion, terminate
this Agreement upon five days notice to the Client. Upon the expiration
the five day period, Client will vacate the Premises. Should Client fail
to vacate the Premises, the Center may:
i. re-enter and property therefrom; and
ii. disconnect any telephone lines installed for the benefit of Client; and
iii. cease supplying Client with the services described in Paragraph 1
hereof.
If Client defaults and Center takes any of the foregoing action, or
changes the locks, removes Client's property, or otherwise denies access to
Client, Center will not be liable for any damages to the Client.
c. IN ADDITION TO THE FOREGOING, Center may elect to accelerate all of
Client's obligations hereunder, including without limitation, Monthly
Office Charge and other monthly recurring charges, for all or part of the
term. Center is under no obligation, implied or otherwise, to mitigate its
damage(s) under a default by Client.
d. Should Center be unable to enter into another office service agreement
relating to the Premises, or should Center enter into another office
service agreement relating to the Premises for less than the Monthly
Office Charge which Client is obligated to pay under this Agreement,
Client will pay the amount of such deficiency, plus the expenses of
entering into such other service agreement relating to the Premises,
immediately in one lump sum, to Center upon demand and/or at Center's
option as such obligations accrue hereunder.
e. In connection with any default by Client under this Agreement, if Center
incurs attorney's fees and/or costs of collection or of ensuring
performance, Client will pay all such sums with interest, and such sums
will be deemed to be owned by Client in addition to the Monthly Office
Charge hereunder, and if the Term has expired at the time of incurring
such sums, such sums will be recoverable by Center as damages.
16. MAIL & TELEPHONE FORWARDING.
Upon expiration of the Term, Center will, unless otherwise instructed by
Client in writing no later than 30 days prior to the expiration of the Term,
forward mail to Client at its new address and give out Client's new telephone
number via a voice mail message for a period of three months at the rate of
One Hundred and Fifty Dollars ($150.00) per month, which sums will be
deducted from any amounts deposited with the Center from the refundable
retainer deposited hereunder or will otherwise be paid to the Center in
advance. Unless the Client pays the Charge set forth herein to the Center in
advance, Center will have no obligation to provide the services set forth
herein. Except as expressly provided herein, Center will have no obligation
to notify any person or entity of Client's new telephone number and address.
17. NOTICES.
Any notice under this Agreement will be in writing and will be either
delivered by hand, first class mail or by overnight courier to the party at
the address set forth below. Center hereby designates its address as:
EOG 42ND STREET INC., d/b/a VANTAS
OFFICING SOLUTIONS WORLDWIDE
000 XXXXXXXXX XXXXXX,
XXXXX 0000
Xxx Xxxx 00000
000-000-0000
Attn: Management
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Client hereby designates its address (which address must be an address within
the United States), as
CAREER CENTRAL CORPORATION
0000 XXXX XXXXXXXX XX.
XXXX XXXX, XX 00000
Attn: Xxxxx X. Xxxxxx, CFO
If such mail is properly addressed and mailed as above, it will be deemed
notice for all purposes, given when sent or delivered, even if returned as
undelivered.
18. SEVERABILITY.
The invalidity of any one or more of the sections, subsections, sentences,
clauses or words contained in this Agreement or the application thereof to
any particular set of circumstances, will not affect the validity of the
remaining portions of this Agreement or of their valid application to any
other set of circumstances. Regardless of whether or not either party has
elected to consult with legal counsel in reviewing this Agreement, it is the
intent of the parties that in no event will the terms, conditions or
provisions of this Agreement be construed against either party as the drafter
of this Agreement.
19. EXECUTION BY CLIENT.
The party or parties executing this Agreement on behalf of the Client
warrant(s) and represent(s): (i) that such executing party (or parties) has
(or have) complete and full authority to execute this Agreement on behalf of
Client; and (ii) that Client will fully perform its obligations hereunder.
20. MISCELLANEOUS.
a. Failure of the Center to insist upon the strict performance of any term
or condition of this Agreement or to exercise any right or remedy
available for a breach thereof, or acceptance of full or partial payment
during the continuance of any such breach, will not constitute a waiver
of any such breach or any such term or condition. No term or condition
of this Agreement required to be performed by Client and no breach
thereof, will be waived, altered or modified, except by a written
instrument executed by Center.
b. Time is of the essence as to the performance by Client of all covenants,
terms and provisions of this Agreement.
c. This Agreement embodies the entire understanding between the parties
relative to its subject matter, and will not be modified, changed or
altered in any respect except in writing signed by all parties.
d. This Agreement may be executed in two or more counterparts, each of which
will be deemed to be an original, but all of which together will
constitute one and the same instrument.
e. This Agreement is subject and subordinate to the Building lease governing
the Facility, under which Center is bound as tenant (the "Main Lease") and
the provisions of the Main Lease, other than as to the payment of Monthly
Office Charge or other monies, are incorporated into this Agreement as if
completely herein rewritten. Client will comply with and be bound by all
provisions of the Main Lease except that the payment of Monthly Office
Charge will be governed by the provisions of this Agreement, and Client
will indemnify and hold Center harmless from and against any claim or
liability under the Main Lease arising from Client's breach of the Main
Lease or this Agreement.
IN WITNESS WHEREOF, Center and Client have executed this Agreement as of the
date first above written.
CENTER/EOG 42ND STREET INC. D/B/A VANTAS
OFFICING SOLUTIONS WORLDWIDE
By: /s/ Xxxxxxxx X. Xxxx
-----------------------------------
Xxxxxxxx X. Xxxx, General Manager
CLIENT: CAREER CENTRAL CORPORATION
(IF A CORPORATION)
By: /s/ Xxxxx Xxxxxx
----------------------------------
Name: Xxxxx Xxxxxx
--------------------------------
Title: CFO
--------------------------------
[Corporate Seal]
CLIENT:
(IF AN INDIVIDUAL OR PARTNERSHIP)
By:
-----------------------------------
By:
-----------------------------------
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SCHEDULE A OPERATING STANDARDS
1. Clients and their guests will conduct themselves in a businesslike
manner; proper attire will be worn at all times; and the noise level
will be kept to a level so as not to interfere with or annoy other
Clients.
2. Client will not provide or offer to provide any services to Center's
customers if such services are available from Center.
3. Client will not prop open any corridor doors, exit doors or doors
connecting corridors during or after business hours.
4. Clients using public areas may only do so with the consent of the Center,
and those areas must be kept neat and attractive at all times.
5. Client will not conduct any activity within the Premises, Facility or
Building which in the sole judgment of the Center will create excessive
traffic or is inappropriate to a shared office environment.
6. Client may not conduct business in the corridors or any other areas except
in its designated offices or conference rooms without the written consent
of Center.
7. All corridors, halls, elevators and stairways will not be obstructed by
Client or used for any purpose other than normal egress and ingress.
8. No advertisement, identifying signs or other notices will be inscribed,
painted or affixed on any part of the corridors, doors, windows or public
areas.
9. Without Center's prior written consent, Client is not permitted to place
"mass market", direct mail or advertising (i.e. newspaper, classified
advertisements, yellow pages, billboards) using Center's assigned
telephone number or take any such action that would generate an excessive
number of incoming calls.
10. Client will not solicit clients of Center or their employees in the
Building without first obtaining Center's prior written consent.
11. Immediately following Client's use of conference room space and/or
audio/visual equipment, Client will clean up and return the space and
equipment to the state and condition it was in prior to Client's use. If
not, Center may charge Client for any other expenses required to restore
the conference space and/or equipment to its original condition.
12. Center must be notified in writing if Client desires to utilize the
conference room or other common areas of the Facility during evening
or weekend hours. Center may deny the Client access if the desired
usage is inappropriate and may disrupt normal operations.
13. Client will not, without Center's prior written consent, store or operate
any computer (except a desktop/laptop computer or fax machine) or any
other large business machines, copier and postage equipment, heating
equipment, stove, speaker phones, radios, stereo equipment or other
mechanical amplification equipment, refrigerator or coffee equipment, or
conduct a mechanical business, do any cooking, or use or allow to be used
on the Premises oil, burning fluids, gasoline, kerosene for heating,
warming or lighting. No article deemed extra hazardous on account of fire
or any explosives will be brought into said Premises or Facility. No
offensive gases, odors on liquids will be permitted.
14. Client will bring no animals into the Premises or Facility except for
those assisting disabled individuals.
15. Client will not remove furniture fixtures or decorative material from
offices or common areas without the prior written consent of Center.
16. Client will not make any additional copies of any Center issued keys. All
keys and security cards are the property of Center and must be returned
upon request or by the close of the business on the expiration or sooner
termination of the Agreement term. Any lost or unreturned keys or cards
will incur a Twenty Five Dollar ($25.00) per item charge and the cost to
re-key the office.
17. Client will not smoke nor allow smoking in any area of the Facility,
including the Premises, and will comply with all governmental regulations
and ordinances concerning smoking.
18. Client will not allow more than three visitors in the reception lobby of the
Premises at any one time.
19. Client's parking rights (if any) are defined by the Main Lease. Landlord
reserves the right to modify parking arrangements if required to do so by
Building management.
20. Any alterations to the Premises requested by Client, including affixing
anything to the walls of the Premises, will be done only (i) with the
written permission of Center, which permission may be withheld by the
Center for any reason whatsoever, and (ii) by an agent of the Center's
choosing at the Client's sole cost and expense.
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21. Any equipment desired to be used and or installed by the Client, other
than those machines ordinarily used for regular office purposes (I.E.
personal computers, personal printers, calculators, adding machines, etc.)
will be subject to the Centers prior written consent to any such use or
installation.
22. Client will cooperate and be courteous with all other occupants of the
Facility and Center's staff and personnel.
23. Upon request, Client will use a chair mat.
24. Center reserves the right, without prior notice, to modify any of the
foregoing and to make such other reasonable rules and regulations as in
its sole discretion may from time to time be needed for the safety, care,
appropriate operation and cleanliness of the Facility.
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[FLOOR PLAN]
INVOICE
TENANT: CAREER CENTRAL CORPORATION
LANDLORD: VANTAS OFFICING SOLUTIONS WORLDWIDE
TERM: 12 MONTHS
MOVE IN DATE: JANUARY 1, 2000
MOVE OUT DATE: DECEMBER 31, 2000
OFFICE SUITE NO.(S): 91,92 # OF PEOPLE: 5
CONFERENCE ROOM USAGE ALLOWANCE: UP TO 8 HOURS PER MONTH
FIXED MONTHLY OFFICE RENTAL: $4,100.00
FIXED MONTHLY FURNITURE RENTAL: N/A
FIXED MONTHLY PHONE (3)/FAX (1) CHARGE: $ 435.00
FIXED MONTHLY ADD'L PEOPLE CHARGE: N/A
REFUNDABLE SECURITY DEPOSIT: DUE AT SIGNING: $8,400.00
DUE AT LEASE SIGNING:
JANUARY 2000 RENT: $4,100.00
1ST MONTH'S PHONE (3) / FAX (1) CHARGE: $ 435.00
TELEPHONE/FAX INSTALLATION CHARGE (3): $ 600.00
T-1 INTERNET ACCESS INSTALLATION (3): $ 525.00
T-1 CABLING: $ 600.00
1ST MONTHS INTERNET ACCESS CHARGE: $ 450.00 (INCLUDES USAGE)
ONE TIME XXXX ATLANTIC LISTING CHARGE: $ 35.90
XXXX ATLANTIC MONTHLY CHARGE: $ 2.01
SECURITY DEPOSIT: - $8,200.00
NYS SALES TAX: $ 215.33
TOTAL FIRST MONTH'S RENTAL AND CHARGES AND DEPOSIT............$15,163.24
NOTE: PLEASE BE SURE TO WRITE A SEPARATE CHECK FOR ALL DEPOSITS PAYABLE
TO EOG 42ND STREET, INC.
