Lease Agreement
Exhibit 10.1
Party A: Sihui City, Xxxxx Town, Economic Industrial Development Co., Ltd.
Party B: Xxxx Xxxx Xxxx Xxxxx Import & Export Co., Ltd.
In order to develop economy, Party A and Party B have friendly negotiation with each other and sign the lease contract as follows:
1. |
The subject matter and scope of the lease
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Party A will lease its property to Party B for Office use.
Property's address: Xxxxx 000, Xxxxxxxx Xx. 0 (Xx Xxxx Building), Xinxu Guanghai East Road, Xxxxx Town, Sihui City,
Guangdong province.
2. |
The term of lease
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The term of lease is the completion time of Party B's new office.
3. |
The rent and payment method
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a. |
Rent: RMB 10,000 per year
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b. |
Payment method: Within 3 days after signing the contract, Party B shall pay 10,000 RMB to Party A. Party B shall pay the rent on January 1st each year.
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4. |
The responsibilities of the parties
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a. |
Party A shall assist Party B in handling formalities such as water use and power installation, and all the expenses shall be in charge of Party B.
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b. |
If Party B needs to change it, it must start with the approval of Party A.
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c. |
The land and the original building compensation belong to Party A if national key project construction or other need to levy the land.
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d. |
During the lease period, Party B has only the right to use, cannot transfer, and only for the use as office.
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e. |
Party B must pay attention to safety and keep good property; if there is a safety accident, Party B shall solve it by itself, which has nothing to do with Party A.
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f. |
After the expiration of the lease, all real estate is owned by Party A.
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5. |
This contract is made in three copies, one each of Party A and Party B. And Xxxxx town economic management office also need to take a copy of the contract as the preservation. This contract comes into force on the date of signing, and hopes that both Party A and B will abide by it.
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Party A:/s/ Sihui City Xxxxx Town Economic Industrial Development Co., Ltd.
Party B: /s/ Xxxx Xxxx Xxxx Xxxxx Import & Export Co., Ltd.
Date: April 15, 2015