Exhibit 10.01
COMMERCIAL RENTAL AGREEMENT
THIS AGREEMENT MADE THIS 1 DAY OF Jan 1998 BETWEEN XXXXX XXXXXXX
("management") AND
ATW / Advertising That Works ("tenant") MANAGEMENT LEASES TO TENANT RENTAL UNIT
LOCATED AT:
0000 Xxxx Xxxxxx, Xxxx Xxxxx
1. TERM: THE TERM OF THIS LEASE SHALL BE 12 MONTHS, BEGINNING Jan 1, 1998 AND
ENDING Dec 31, 1998.
2. OCCUPANCY: IT UNDERSTOOD AND AGREED THAT UNDERSIGNED WILL USE PROPERTY FOR
COMMERCIAL / RETAIL BUSINESS ONLY AND THAT AT NO TIME WILL TENANT PERMIT OTHERS
TO SUB LEASE THE PREMISES WITHOUT FIRST HAVING OBTAINED WRITTEN CONSENT FROM THE
MANAGEMENT.
3. RENT: RENT IS PAYABLE IN ADVANCE AT A RATE OF $2700.00 PER MONTH ON THE FIRST
1st. DAY OF EACH MONTH PAYABLE AT THE OFFICE OF THE MANAGEMENT LOCATED AT:
XXXXX XXXXXXX, 0000 XXXX XXXXXX, XXXX XXXXX, XX. 00000
4. DISCOUNT: TIME IS OF THE ESSENCE OF THIS AGREEMENT. IF THE RENT IS PAID ON OR
BEFORE THE CLOSE OF THE BUSINESS DAY OF THE FIRST OF EACH MONTH THE RENT WILL BE
$2800. RENT MUST BE RECEIVED ON OR BEFORE THE DAY IT IS DUE TO OBTAIN THIS $100
DISCOUNT.
5. LATE CHARGES AND OTHER: RESIDENT SHALL PAY $5.00 PER DAY LATE CHARGES FOR
EACH DAY THE RENT IS PAST DUE BEGINNING THE SECOND DAY THAT IT HAS NOT BEEN
PAID.
RESIDENT SHALL PAY $20.00 PER CHECK FOR ANY RETURNED UNPAID CHECKS PLUS ANY LATE
CHARGES AND LOST DISCOUNTS. RESIDENT SHALL PAY $8.00 COLLECTION FEE FOR EACH
ATTEMPTED COLLECTION BY THE MANAGEMENT.
6. SECURITY DEPOSIT: RESIDENT SHALL PAY A SECURITY DEPOSIT OF $0 THE SECURITY
DEPOSIT WILL BE REFUNDED TO THE RESIDENT AFTER TERMINATION OF THIS LEASE
PROVIDED:
A. NO DAMAGE EXIST ABOVE NORMAL WEAR AND TEAR.
B. CARPETS, WALLS, FLOORS, ALL APPLIANCES, BATHROOM FIXTURES, ETC. MUST BE
CLEANED AND READY FOR NEW RESIDENT.
C. 30 DAY WRITTEN NOTICE HAS BEEN GIVEN TO MANAGEMENT.
D. ALL MONIES DUE HAVE BEEN PAID TO MANAGEMENT.
THE SECURITY DEPOSIT MAY NOT BE USED FOR THE FINAL MONTHS RENT
7. CONDITION OF PREMISES: TENANT HAS BEEN GIVEN THE RIGHT TO INSPECT THE
PREMISES AND ACCEPTS IT IN IT'S PRESENT CONDITION. IF THERE ARE ANY
DISCREPANCIES THEN RESIDENT MUST DELIVER A WRITTEN STATEMENT TO THE MANAGEMENT
WITHIN (4) FOUR DAYS AFTER TAKING POSSESSION. OTHERWISE, IT WILL BE CONCLUSIVELY
PRESUMED THAT THE INVENTORY AND CONDITIONS ARE CORRECT AND RESIDENT WILL BE
RESPONSIBLE FOR ALL LOSS AND DAMAGES.
8. REPAIRS: PROPERTY IS BEING LEASED AS/IS. TENANT AGREES TO MAINTAIN THIS
PROPERTY IN AS GOOD STATE AS HE/SHE FINDS IT AND WILL HAVE REPAIRED AT HIS/HER
EXPENSE ANY DAMAGE, IMPROVEMENTS, MAINTENANCE, REMODELING, PAINTING, AND HVAC
IMPROVEMENTS OR REPAIR. ANY ADDITIONS OR IMPROVEMENTS WILL BECOME PART OF THE
EXISTING PROPERTY AND CANNOT BE REMOVED OR DISMANTLED IN ANY WAY WITHOUT FIRST
HAVING OBTAINED WRITTEN CONSENT FROM THE MANAGEMENT.
9. CASUALTY: TENANT ACKNOWLEDGES THAT HE IS AWARE THAT HE IS RESPONSIBLE TO
CARRY HIS OWN INSURANCE FOR FIRE, THEFT, AND LIABILITY ON HIS OWN POSSESSIONS,
FAMILY, AND GUESTS. MANAGEMENT SHALL NOT BE LIABLE FOR ANY LOSS OF PROPERTY
CAUSED BY FIRE, THEFT OR ANY OTHER REASON, NOR ANY ACCIDENTAL DAMAGE TO PERSONS
OR PROPERTY IN OR ABOUT THE PREMISES RESULTING FROM ANYTHING AND RESIDENT SHALL
MAKE NO CLAIM FOR ANY SUCH LOSS OR DAMAGE WITH THE MANAGEMENT.
10. UTILITIES: TENANT IS RESPONSIBLE TO PAY ALL OF THE REQUIRED UTILITIES:
property taxes & all Insurance. /s/ CE
11. PETS: "NO PETS"
12. ACCESS: MANAGEMENT SHALL BE ALLOWED TO ENTER THE PREMISES AT REASONABLE
TIMES TO REPAIR, INSPECT, REMODEL, AND SHOW THE PREMISES FOR BUSINESS PURPOSES,
AND CAN ENTER AT ANY TIME IN CASE OF AN EMERGENCY TO PROTECT LIFE AND PROPERTY.
13. DEFAULT: IF TENANT FAILS TO PAY THE RENT HEREIN STIPULATED OR SHOULD FAIL TO
COMPLY WITH ANY ONE OF OR ALL OF THE PROVISIONS STATED IN THIS LEASE. THE TENANT
WOULD BE IN DEFAULT.
14. EVICTION: IF THE RENT CALLED FOR HAS NOT BEEN PAID THEN THE MANAGEMENT SHALL
HAVE THE RIGHT TO TAKE OUT A DISPOSSESSORY WARRANT AND HAVE THE TENANT AND
POSSESSIONS REMOVED FROM THE PREMISES.
15. ALTERATIONS: RESIDENT SHALL NOT MAKE ANY ALTERATIONS, INSTALLATIONS,
PAINTING OR REDECORATION'S OF ANY KIND WITHOUT WRITTEN PERMISSION OF THE
MANAGEMENT.
16. RENEWAL TERM: THIS AGREEMENT CREATED MAY BE TERMINATED AT ANY TIME BY EITHER
PARTY BY GIVING THE OTHER PARTY NOT LESS THAN 60 DAY WRITTEN NOTICE WITHOUT
CAUSE. RESIDENT AGREES THAT HIS OCCUPANCY OF SAID PREMISES BEYOND THE TERM OF
THIS LEASE SHALL NOT BE DEEMED AS A RENEWAL OF THIS LEASE FOR THE WHOLE TERM BUT
THE ACCEPTANCE OF RENT BY THE MANAGEMENT AFTER THE TERM OF THIS LEASE SHALL BE
CONSIDERED AS A RENEWAL OF THIS LEASE FOR ONE MONTH ONLY AND FOR SUCCESSIVE
PERIODS OF ONE MONTH ONLY.
17. USE AND MAINTENANCE: PREMISES SHALL BE USED FOR COMMERCIAL/RETAIL USE ONLY.
TENANT AGREES TO KEEP THE PREMISES IN A GOOD, CLEAN, AND SANITARY CONDITION AND
USE THE PREMISES FOR NO UNLAWFUL, IMMORAL OR HAZARDOUS PURPOSE. LAWNS, SHRUBBERY
AND YARD TO BE KEPT IN GOOD ORDER BY TENANT. TRASH TO BE REMOVED AT PROPER
INTERVALS AND PLACED IN PROPER CONTAINERS FOR PICKUP.
18. LOCKS: RESIDENT IS PROHIBITED FROM ADDING, CHANGING, OR ALTERING LOCKS IN
ANY WAY. ALL KEYS MUST BE RETURNED TO MANAGEMENT UPON TERMINATION OF THIS LEASE.
RESIDENT ACKNOWLEDGES:
A. THAT HE/SHE HAS READ AND UNDERSTANDS THIS AGREEMENT.
B. THAT ANY STATEMENTS IN THE RENTAL APPLICATION ARE TRUE.
C. THAT HE/SHE HAS RECEIVED AN EXECUTED COPY OF THIS AGREEMENT.
MANAGEMENT /s/ Xxxxx Xxxxxxx
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TENANT /s/ Xxxxx Xxxxxxx (for ATW)
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RESIDENT
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