Summay of LEASE AGREEMENT(2)
Exhibit 99.1
Summay of LEASE AGREEMENT(2)
LEASE AGREEMENT, made between Ho Sik Park (Landlord) and BSK & Tech Co., Ltd (Tenant).
For good consideration it is agreed between the parties as follows:
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1. |
Landlord hereby leases and rents to Tenant the premises described as follows: |
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Address : Hye Sung Xxxx. 0X. Xxxxxx-xxxx 0000-00, Xxxxxx-xx, Xxxxx, Xxxxx |
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Lease Size : 314 m2 (3380 ft2) |
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2. |
This Lease shall be in effect for a term of 24 Months, commencing on Nov. 10th 2007 and terminating on Nov 11th 2009. |
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3. |
Tenant shall pay Landlord the deposit of forty five million Korean Won (45,000,000 Won) and the monthly payments of Four million five hundred thousand Korean Won (4,500,000 Won) in advance. |
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4. |
Tenant shall at its own expense provide nine hundred fifty thousand Korean Won (950,000 Won) in the monthly payment. |
