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EXHIBIT 10.13
CETALON CORPORATION
Rental Agreement
This acknowledges Cetalon Corporation agreement to rent office space from Xxxxxx
Group, LLC at 0000 Xxxxxxx Xxxx Xxxx, Xxxxx 0000, beginning June 15, 2001.
Cetalon agrees to rent space for its executive officers and administrative
assistants at a rate which represents 60% of the rent and ancillary costs on a
monthly basis. Ancillary costs are to include parking, phone, utilities and
postage. Xxxxxx agrees to include as part of the rent, furniture, fixtures, and
office equipment. Cetalon will have the right to purchase and install its own
equipment (i.e. computers), and will retain ownership and title for equipment it
purchase.
This rental agreement is for a period of six months. This agreement will renew
automatically after the term of this agreement on a month-to-month basis. Each
party agrees to provide 60 days notice of its plan to terminate this agreement.
Signed and sealed this date of June 15, 2001.
/S/ X. Xxxxx /S/ Xxxx X. Xxxxxxxx
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XXXXXX GROUP, LLC CETALON CORP.