Lease Agreement
Lessor
(hereinafter
referred to as Party A):Changzhou CTS
Fashion Co., Ltd.
Lessee
(hereinafter
referred to as Party B):Shanghai Baby-Fox
Fashion Co., Ltd.
Through
both parties’ friendly negotiation, they agree:
1. Party
A is the lawful owner and in lawful possession of The Third Floor, Xx.0
Xxxxxxxx, 00# Xx Xxx Xxxxx Xxxx, Xxxxx Xxxxxxxx, Xxxxxxxxx. Party B will take
the area as the storehouse of ready-to-wear clothes. The floor
takes averagely 3,900 square meters.
2. Party A lets Party B take the demised premises for a period
from Jan. 1, 2007 to Dec. 30, 2009.
3. The
rent of the DEMISED PREMISES will be RMB150,000 per year. Party B will pay
the rent of six months each time.
4. By the
end of this agreement, Party B has the preferential releting right.
5. Within
10 days after this agreement is signed, Party B should pay Party A RMB 20,000
deposit which should be returned to Party B within one month after the agreement
is dismissed.
6. For
outstanding issues, the two parties will resolve through
negotiation.
Party A: Changzhou CTS Fashion Co., Ltd.
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Party B: Shanghai Baby-Fox Fashion Co., Ltd.
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Signed
By:
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Signed
By:
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Date:
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Date:
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