Unofficial Translation Leasing Contract
Exhibit
10.19
Unofficial
Translation
Leasing
Contract
Lessor
(hereinafter referred to as Party A): XXX Xxxx I D. N o: 0000 000 0000 00 00 00
3
Address:
Telephone
Number:
Lessee
(hereinafter referred to as Party B): Xxxxxx Xxxxx Queen Beauty Demonstration
Center
ID.
No:
Address:
Telephone
Number:
I. For the
purpose of Party B's operation, Party A will lease to Party B the premise owned
by itself which is located at Xx.00 Xxxxxxxx Xxxxxx, Xxxxx Xxxxxxxx, Harbin
(construction area: 1204 square meters).
II. The
leasing term commenced from January 1, 2007 until December 31, 2011. (i.e.
[ ]
months)
III. The
rent of this premise shall be 29,166 RMB per month. Party B shall pay total
amount of 350,000 RMB to Party A every twelve months. Such annual rent shall be
paid before day of each month. And Party A shall issue receipt or invoice to
Party B.
IV. Upon the
execution of this contract, Party B shall pay RMB to party A as the guarantee
for the performance of this contract.
Party B
shall also pay RMB to party A as the deposit for the properties inside
this
premise. Such guarantee and deposit will be returned to Party B upon the
termination of this contract.
V. During
the leasing term, Party B shall be responsible for the payment of property tax,
business tax or additional tax, personal income tax, l and-use tax, rental
management fees related to this premise. Moreover, Party B shall pay the
telephone communication fees, security fees, water and electricity fees, health
fees, elevator fees and housing management fees.
VI. Party
B shall pay the rent i n accordance with this contract. I n case the payment of
rent is
overdue, the daily liquidation damage for overdue shall be 5% of monthly rent.
In case the rent is days overdue, Party A shall be entitled to take back this
premise and refuse to return the guarantee.
VII.
Party A shall be responsible for the quality and maintenance of this premise,
and Party B shall not change the structure or usage of this premise at its own
decision. In case this premise and attached facilities or relevant properties
were destroyed due to Party B's willful conduct or negligence, Party B shall be
responsible for the reconstruction or the compensation payment.
VIII. I n
case Party A wants to take back this premise during the leasing term, Party A
shall issue one month's prior written notice to Party B. Party A shall also
return double guarantee to Party B. In case Party B wants to terminate this
contract, Party B shall issue one month's prior written notice to Party A. And
Party B shall not require Party A to return the guarantee.
IX. During
the leasing term, Party B shall not sublease this premise to any third party
without Party A's approval. Upon the expiration or termination of this contract,
Party B shall return this premise to Party A after the payment of all the
relevant fees. Within one month before the contract expires, Party B will notify
Party A if it intends to extend the lease. In case the leasing term expires and
Party B dose not intend to extend such term, Party A shall be entitled to take
back this premise.
X. Parties
shall strive to settle any disputes arising from the performance of this
contract through negotiation. In case no settlement can be reached through
negotiation, such dispute can be settled through mediation in administrative
authority, as well as litigation in People’s Court.
XI. This
contract shall be effective after duly execution. There are three originals of
this contract. Each party will hold one original . And the agent will hold one
original . Parties can supply this contract through negotiation. All the
supplemental agreements shall have the same legal effect.
The
Appendix:
Indoor Property list
Lessor
(or authorized agent): XXX Xxxx
Signature
(chop):
/s/ Xxxx Xxx
Lessee
(or authorized agent): Xxxxxx Xxxxx Queen Beauty Demonstration Center
Signature
(chop):
/s/ Xxxx Xxx
This
contract is executed on January 1, 2007.