ADCORP BUSINESS CENTRE LIMITED
ADCORP
BUSINESS CENTRE LIMITED
00
XXXXXXXXX XXXXX, XXXXXXXXX, XXXX XXXXXX
X0X
0X0
| Telephone 000-000-0000 |
Facsimile
000-000-0000
|
BETWEEN
Buzz
Media Limited
And
Adcorp
Business Centre Limited
The
above
parties enter into an agreement for the rental of office space on the premises
of Adcorp Business Centre Limited, at 00 Xxxxxxxxx Xxxxx, Xxxxxxxxx,
XX.
The
agreement shall be effective for a period of one year, commencing May
1st,
2007
and running until April 30th,
2008
and then or thereafter terminating upon 30 days notice by either party. The
leased premises shall consist of a furnished office area of 117 sq. ft.
(approx.), located on the second floor of the Centre. All areas are heated,
lighted, and parking is provided. Offices are accessible on a 24 hour a day
basis by authorized personnel. Basic janitorial services are provided on a
weekly schedule.
The
monthly lease rate shall be Three Hundred and Fifty dollars ($350.00 per month)
payable in advance. The payment for the months of May, 2007 and April, 2008,
shall be deemed as payable upon execution of this agreement. Subsequent payments
shall be made before the 1st
of the
following months. Broadband Internet service is included in the rental charge.
All other services shall be invoiced at the end of the calendar month in which
the charges are incurred and shall be at our published rates in effect at the
time such service is provided. Payment of Occupancy Tax is the responsibility
of
the lessee and will be invoiced monthly at a rate calculated from the previous
year’s tax. Any adjustment required, may be made at the time of the receipt, by
Adcorp, of the tax xxxx from the Municipal Taxation office.
Any
proposed extension of this lease must be negotiated at least thirty days prior
to the end of the current term as shown above. Terms and rates for any such
extension must be acceptable to both parties and neither party is obligated
to
accept any extension.
|
Buzz Media Limited
00 Xxxxxxxxx Xxxxx
Xxxxxxxxx, XX
X0X 0X0
|
Adcorp Business CentreLimited11
Xxxxxxxxx
Xxxxx
Xxxxxxxxx,
XX
X0X
0X0
|
| /s/ Xxxxxxx Xxxxx | /s/ Xxxxxx Xxxxxx |
| Per Xxxxxxx Xxxxx | per Xxxxxx Xxxxxx |
