Real Estate Sublease Agreement
Exhibit 10.22
Real Estate Sublease Agreement
☐ Deposit ☐ Monthly
With respect to the real estate identified below, both the sub-Sublessor and the sub-Sublessee shall enter into this sub-lease Agreement as follows: |
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1. Identification of Real Estate | ||||
Location | 11th floor, 000 Xxxxx-xx, Xxxxxxx-xx, Xxxxx, Xxxxxxxx xx Xxxxx | |||
Land | Land category | Land | Area | ㎡ |
Building |
Structure use |
Office | Area | 351.04 ㎡ |
Parts for Sub Lease | 11th Fl | Area | 234.14 ㎡ | |
2. Agreements |
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Article 1. (Purpose) With respect to the lease of the above real estate, the Sublessor and Sublessee shall agree to the payment of the security deposit and rent as follows: | ||||
Security Deposit | [One hundred million and fifty thousand] Korean won (₩ 100,050,000) | |||
Contract Price | [ - ] | |||
Interim Price | [ - ] | |||
Balance | [One hundred million and fifty thousand] Korean Won (₩ 100,050,000) | |||
Rent | [₩ 5,722,860] Korean won shall be paid as [pre-payment, post-payment] on the [last] day of every month. |
Article 2 (Term of the Agreement) The Sublessor shall deliver the above real estate for use and profit pursuant to the purpose of this sub lease agreement by [June 1st, 2023], and the term of the lease shall be from the date of delivery until [ May 31, 2025 ].
Article 3 (Change of Use, Sublease, etc.) Without the consent of the Sublessor, the Sublessee shall not change the use or structure of the above real estate, or sublease, assign the leasehold rights of, or offer as security the above real estate, or use it for purposes other than the lease purpose.
Article 4 (Termination of the Agreement) Where the Sublessee has delayed paying rent more than twice in a row or violated Article 3, the Sublessor may forthwith terminate this Agreement.
Article 5 (Completion of the Agreement) Upon the completion of this sub-lease Agreement, the Sublessee shall restore the above real estate to its original condition and return it to the Sublessor. In this case, the Sublessor shall return the security deposit to the Sublessee, and if there exists any overdue rent or damages, such shall be deducted and the balance shall be returned.
Article 6 (Rescission of the Agreement) Until the Sublessee pays the Sublessor the interim price (where there is no interim price, the balance), the Sublessor may repay double the contract price and rescind this Agreement or the Sublessee may renounce the contract price and rescind this Agreement.
Article 7 (Default and Damages) Where either the Sublessor or Sublessee defaults on the stipulations of this Agreement, the other party may rescind this Agreement by providing written notice to the defaulting party. Either party may request from the other party damages incurred as a result of the rescission of this Agreement, and unless there is a separate agreement for damages, the contract price shall be the standard for damages.
Article 8 (Utilities) The Sublessee pays an amount equivalent to the Sublessee’s usage ratio (66.7%) of the total charge for the 11th floor as office utilities fees.
Special Agreements |
The Sublessee is subject to all conditions, including the Lessee’s obligations and observance provisions, of the lease agreement between the Sublessor and the Lessor. |
Details of the lease agreement between the Lessor and Sublessor
Security Deposit |
[One hundred and fifty million] Korean Won (₩ 100,050,000) |
Rent | [₩ 8,580,000] |
Lessor | 영빈물산㈜ | Term | June 1st 2023 ~ May 31st 2025 |
If there is no objection hereto, the Lessor, Lessee, and Brokerage Agent shall cause this Agreement to be signed and sealed by stamping their seals on every page, and each party shall retain one copy hereof.
Date [June 1st 2023]
임대인 Sublessor |
주소 / Address |
11th fl , 000 Xxxxx-xx, Xxxxxxx-xx, Xxxxx, Xxxxxxxx xx Xxxxx |
도장 Seal | ||||||
주민등록번호 / Resident |
000-00-00000 |
전화 Tel |
00-000-0000 |
성명 Name |
Solaire Partners |
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임차인 Sublessee |
주소 / Address |
11th fl , 000 Xxxxx-xx, Xxxxxxx-xx, Xxxxx, Xxxxxxxx xx Xxxxx |
도장 Seal | ||||||
주민등록번호 / Resident Registration No. |
000-00-00000 |
전화 Tel |
00-000-0000 |
성명 Name |
K Enter Holdings Korean Branch |
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개업 공인중개사 Agent |
사무소 소재지 / Business Address |
사무소 소재지 / Business Address |
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사무소 명칭 / Trade Name |
사무소 명칭 / Trade Name |
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대 표 / Representative |
xx․날인 Signature / Seal |
(도장
/ seal) |
대 표 / Representative |
xx․날인 Signature / Seal |
(도장
/ seal) | ||||
등 록 번 호 / Business |
전화 Tel |
등 록 번 호 / Business |
전화 Tel |
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소속공인중개사 / Licensed
Real |
서명․날인 Signature / Seal |
(도장
/ seal) |
소속공인중개사 / Licensed
Real |
서명․날인 Signature / Seal |
(도장
/ seal) | ||||