Exhibit 10.11
ELEPHANT & CASTLE GROUP, INC.
Revised Lease Abstract
1. PROJECT: Montreal Forum Montreal Canada
2. TENANT: Canadian Rainforest Restaurants, Inc.
3. STORE AREA: Unspecified Gross Leasable Area of 5,122
(Ground Floor)13,125 (Second Floor)
4. TRADE NAME: Rainforest Cafe
5. USE: For the operation of a traditional "Rainforest
Cafe" restaurant.
6. TERM: 15 years
7. TERM START
DATE: August 1, 2000 (or earlier)
8. TERM EXPIRY
DATE: 15 years after commencements
9. EXTENSION
PERIODS: NONE
10. GROSS RENT: Weighted average rental ranging from CDN $29.22
to CDN$43.07
11. PERCENTAGE 5.00% of Gross Revenue in excess of twenty
RENT: times Annual Minimum Rent.
12. ADDITIONAL $1.50 per s.f. for promotional costs
COSTS:
13. SECURITY
DEPOSIT: Nil
14. INITIAL PRO-
MOTION CHARGE: $15,000
15. FIXTURING
PERIOD: 180 Days
16. PLAN REVIEW
CHARGE: Nil
17. LANDLORD 0000 Xxxx Xxxxxx, Suite 900
ADDRESS: Montreal 1+3 A 2W5
18. GUARANTOR: None
19. PROPERTY
MANAGER: Candeerel Properties, Ltd.
20. LANDLORD
ALLOWANCE
TO TENANT: $2,007,170 based on 18,247 square feet
Exhibit 10.12
ELEPHANT & CASTLE GROUP, INC.
Revised Lease Abstract
1. PROJECT: Xxxxx Centre Metrotown, Burnaby, BC, Canada
2. TENANT: Canadian Rainforest Restaurants, Inc.
3. STORE AREA: 18,000 square feet
]
4. TRADE NAME: Rainforest Cafe
5. USE: For the operation of a traditional "Rainforest
Cafe" restaurant.
6. TERM: 15 years
7. TERM START May 1, 1998
DATE:
8. TERM EXPIRY April 30, 2013
DATE:
9. EXTENSION 5 years
PERIODS:
10. GROSS RENT: Can $32.50 per sf per annum of the EXACT Gross
Leasable Area of the Store.
11. PERCENTAGE 5.00% of Gross Revenue in excess of Minimum Rent
RENT:
12. PREPAID RENT: Nil
13. SECURITY Nil
DEPOSIT:
14. INITIAL PRO- Nil
MOTION CHARGE:
15. FIXTURING 140 Days
PERIOD:
16. PLAN REVIEW
CHARGE: Nil
17. LANDLORD ADDRESS: Cambridge Westin Leaseholds Limited
00 Xxxxxxxxxx Xxxx
Xxxxx 000
Xxxxxxx, Xxxxxxx
XXX 0X0
18. GUARANTOR: None
19. PROPERTY Cambridge Westin Leaseholds Limited
MANAGER:
20. LANDLORD CDN $900,000 plus one year rent abatement
ALLOWANCE
TO TENANT:
