EXHIBIT 10.6
LEASING AGREEMENT
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This leasing agreement is made here at the Bhallah House, Xxxxxx Stop, Lahore,
on this day Of September 01st, 2000.
BETWEEN
Xx. Xxxxxx Xxxxxx Xxxx Xxxxxxx w/o Xx. Xxxx Xxxxx Chishti X/x Xxxxxx Xxxxx,
Xxxxxx Xxxx, Xxxxxx Xxxx, Xxxxxx (hereinafter called "the lessor") on the one
part.
AND
Align Technology Pakistan through Xxxxxxx Xxxxxxxxxxx its Country Manager,
Pavilion # 44, Pearl Continental Hotel, Lahore, (hereinafter called "the
lessee") on the other part.
Whereby it is agreed as follows:
1. The lessor shall grant and the lessee shall accept the lease of the house
known as Xxxxxxx Xxxxx, Xxxxxxx Xxxx, Xxxxxx Xxxx, Xxxxxx. The leased
premises consist of a total area of over 35,000 square feet. The leased
premises are made up of 10,500 square feet of covered space, and 24,500
square feet of uncovered space consisting of driveways, car and cycle
stands, garden and lawn.
2. The leasing agreement is for a period of 10 years. The leasing agreement is
renewable at the end of the specified term at the option of both parties,
and in case the tenancy will neither be terminated nor will be renewed then
the parties shall abide by the terms of the present deed.
3. The leasing fee shall be at the rate of U.S. $ 1,100.00 per month. The rent
will be payable in advance on or before the 7' day of each calendar month.
4. The lessee agrees to the following:
. To pay all races and utility charges except the house tax
. Not to alter the premises without the lessors consent
. To use the premises for the office of the "Align Technology Pakistan"
only
. Not to assign or sublet without the lessors consent
. in the case of non-payment, the lessor has the right to occupy the
leased premises
5. The lessor agrees to the following:
. To white wash and color-wash every year such parts as are now White
washed or color washed
. To paint the wood work every third year
6. Both the lessor and me lessee agree to me following:
. That they will have the rights and liabilities specified in section
108,' transfer of property act, 1882 except in clause (I), (J) and (M)
thereof; and
. Each party will provide the other party one month's advance notice in
case of termination of the leasing agreement
In witness whereof the parties have put their
signatures hereunder an this 22nd day of
August, 2000.
Witness Lessor
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