LEASE CONTRACT
Lessor
(hereinafter
referred to as Party A):Xxxxxxxx
Xxxx
Lessee
(hereinafter
referred to as Party B):Shanghai Baby-Fox
Fashion Co., Ltd.
Party A
and B have reached an agreement through friendly consultation to conclude the
following contract.
Party A
will lease to Party B the premises and attached facilities owned by itself for
free which is located at Xxxx 0000, No.98, 158th Lane, Baocheng Rd., Xinzhuang
Town, Minhang District, Shanghai, China.
1. Lease
term
The lease
term will be from January 1st, 2008 to December 31, 2012.
2. Rent
of RMB 60,000 is paid annually with RMB 5,000 each month.
3.
Obligations of Party A and Party B
1) Party A will
guarantee the lease right of the premises. Otherwise, Party A will be
responsible to compensate party B‘s losses.
2) Party A will
provide the premises and attached facilities on schedule to Party B for using.
And Party A shall not interrupt Party B’s business without Party B’s
permission.
3) Party B should
take good care of the premises. Otherwise, Party B will be responsible for the
damages caused by it.
4) Party B will bear
the cost of utilities such as taxes, telephone communications, water,
electricity, cleaners, property management, securities and temporary residence
permit on time during the lease term.
4.
Contract is effective with signatures and stamps of both Party A and Party B.
Previous contracts are expired to use.
Party
A’s Signature:
|
Party
B’s Signature:
|
Xxxxxxxx
Xxxx
|
Shanghai
Baby-Fox Fashion Co., Ltd.
|
Date :
Januray 1st,
2008