EXHIBIT 10.7
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Business Address and Message Service or Meeting Place for outside clients
THIS LICENSE is made the __________ day of _____________ 2000.
BETWEEN CHANCERY COURT BUSINESS CENTRE LIMITED whose registered office
is situate at Xxxxxx Xxxxxxxx Xxxx Xxxx Xxxxxx Xxxxxx Xxxxxxxx Xxxxxxxxx XX0
0XX (hereinafter called "the Licensor") of the one part and VERISITY DESIGN,
EURL of BC Xx Xxxxxx Xxxxx 00000 Xxxxx La Defense France (hereinafter called
"the Licensee") of the other part
WHEREBY IT IS AGREED as follows:
1. The Licensor HEREBY GRANTS to the Licensee the non-exclusive right to enter
the premises situated at and known as Chancery Court Business Centre
Lincolns Inn Xxxxxxx Xxxx Xxxx Xxxxxxx Xxxxxxxxxxxxxxx XX00 0XX (hereinafter
referred to as "the premises") during the Working Hours of 9 am until 5 pm
(exclusive of Saturdays Sundays and all other Public and Office Holidays)
and (subject to specific availability and consent and by prior arrangement
with Reception) shall be permitted to use such conference room or rooms as
may be allocated from time to time subject to clause 5 hereof
2. This Licence shall be for a period commencing on the 1st day of August 2000
and expiring on the 31st day of January 2001 PROVIDED that the Licensee or
the Licensor may by not less than one month's notice in writing terminate
this Licence at an earlier date
3. The Licensee has paid the Licensor a Deposit of Three hundred pounds
(300.00) and shall pay One hundred and fifty pounds (150.00) + VAT per
calendar month in advance on the first day of each month ("the Licence Fee")
4. The Deposit shall be retained by the Licensor and returned to the Licensee
following the termination of the Licence after settlement of all fees and
charges including charges to repair damage caused by the Licensee or his/its
servants or agents during the period of this Licence
5. The Licensee shall not do or permit or suffer anything to be done which may
be or cause a nuisance or annoyance to the Licensor or the occupier of any
adjoining or other nearby premises and shall not use the premises or any
part of the premises for any purpose other than as a Business Address and
Message Service or Meeting Place
6. The Licence shall be personal to the Licensee and shall not be assignable
and shall terminate automatically
AS WITNESS the hands of the parties hereto
SIGNED by XXX XXXX SIGNED by
on behalf of the Licensor on behalf of Licensee
/s/ Xxx Xxxx /s/ indecipherable
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