Exhibit 10.1
Lease Agreement
March 02, 2014
The following sets forth our agreement with regard to the grant by Xxxxxx Xxxxxx
or an affiliate thereof (The "Xxxxxx") to you (the "Sub-Xxxxxx) Artex Corp.
under the following terms and conditions:
1. The Leased Premises area covers approximately 6 (six) square meters. The
Leased Premises is located on the first floor of the building at St. Rynek
Staromiejski 00/00, Xxxxxx, 00-000, Xxxxxx.
2. The Agreement shall be for a term of three (3) years, starting on March 02,
2014 and ending on March 02, 2016.
3. Artex Corp. is given an option to renew the Lease for an additional term of
two (2) years by giving the lesser written notice on or before ninety (90)
days before the expiration of the primary term of this lease. The renewal
lease is to be upon the same terms, covenants, and conditions contained in
this Lease except as to Rent as provided in Paragraph 3 of the Lease.
4. For the first year of the agreement the annual rent is $2,400 dollars plus
applicable taxes payable in advance on the first day of every month, in
twelve (12) equal and consecutive installments of $200 each plus applicable
taxes.
5. For the second and third year of the agreement the annual rent is $2,400
dollars plus applicable taxes payable in advance on the first day of every
month, in twelve (12) equal and consecutive installments of $200 each plus
applicable taxes.
6. A late charge of $10 per day shall be paid as additional rental for any
rental payment delivered or received more than three (3) days after the
first day of any calendar month during the term of this lease.
7. Lesser agrees to provide, at its expense, to or for the Premises, adequate
heat, electricity, water, air conditioning, ventilation, replacement light
tubes, trash removal service, and sewage disposal service, in such
quantities and at such times as is necessary to Lessee's comfortable and
reasonable use of the Premises.
8. Any holding over after the expiration of the term of this lease shall be
deemed to constitute a tenancy from month to month only, and shall be on
the same terms and conditions as specified in this Lease.
Yours truly,
Xxxxxx Xxxxxx
/s/ Xxxxxx Xxxxxx
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I/we, the undersigned, hereby agree with the forgoing terms and conditions.
Signed in the City of: Warsaw the 2 day of March 2014
Xxxxxx Xxxxxx / President /s/ Xxxxxx Xxxxxx
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PRINT NAME & TITLE SIGNATURE
Xxxxx Xxxxxxxx /President /s/ Xxxxx Xxxxxxxx
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PRINT NAME & TITLE SIGNATURE
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