Exhibit 10.21
MATERIAL TERMS AND CONDITIONS OF VERBAL OFFICE LEASE FOR WAREHOUSE/OFFICES
IN CORONA, CALIFORNIA
Introduction:
From March 1, 2009, until September 30, 2009, Ciralight Global, Inc.
("Company") subleased certain warehouse and office space in Corona, California
from Xxxxxxxxx Xxxx, one of the Company's Directors. Beginning October 1, 2009,
the Company and Xx. Xxxx agreed to a verbal lease on the Corona space. The
verbal lease has the following terms and conditions:
1. Office Location: 000 X. Xxxxxxxxx, Xxxx 000, Xxxxxx, Xxxxxxxxxx 00000.
2. Monthly Rent; Term: $3,000 per month; month to month term; commenced
October 1, 2009.
3. Warehouse and Office Space: Approximately 3,500 square feet.