This is a translation into English.
LEASE for non-residential premises.
The undersigned have on this day agreed to the following lease terms:
LESSOR Tranboclarne 11 KB
LESSEE Industri-Matematik AB
Organization No. 556102-7680
ADDRESS OF
PREMISES Municipality: Stockholm
Street address: Xxxxxxxxxxx 00
Xxxxx: Tranbodarne 11
Floor: 6-11
SIZE AND EXTENT
OF PREMISES Office space 9,835 square meters
FURNISHING The premises are let without special fittings
and fixtures intended for the Lessee's
business.
On expiry of this Lease and any previous
agreement concluded between the Lessee and the
Lessor regarding these premises, the Lessee
shall, unless otherwise agreed, remove all
furnishing belonging to him, and restore the
premises to an acceptable condition.
TERM OF LEASE From and including 1999-08-01 To and including
2004-07-31
NOTICE OF TERMINATION
PROLONGATION Notice of termination of this Lease shall be
given in writing at least 12 months prior to
the expiration date agreed upon.
RENT SEK 21,327,500 per year constituting
rent exclusive of surcharges marked below
Index Clause The rent specified above shall be adjusted in
accordance with the index clause appended.
Heating and hot water Heating shall be arranged as necessary by
the Lessor
Hot water shall be provided throughout the year
Electricity The Lessee is responsible for his own
subscription.
Cleaning of Stairway Included in the rent
Refuse and Waste Removal To be arranged and paid for by the Lessee (the
Lessor shall, however, provide waste
receptacles and requisite space for the
collection of refuse and waste.)
Snow clearance and Sanding Included in the rent.
Property Tax Compensation to be paid under a separate
agreement.
Unforseen Costs The following applies to Leases covering more
than three years. If, after this Lease has
been signed, the property is affected by
unforseen costs increases as a result of
a) the introduction of, or an increase in,
special taxes, fees or surcharges applicable to
the property through a decision of Parliament,
the Government, the municipal authority or
other authority
b) general conversion work or other measures
affecting the property and not only the
premises in question and which the Lessor is
obliged to carry out following a decision of
Parliament, the Government, the municipal
authority or other authority.
the Lessee shall compensate the Lessor in an
amount corresponding to the premises' share of
the annual cost increase affecting the property
starting at the time of the cost increase in
question.
The premises' share is 52.1 per cent.
Reference to tax in a) above does not include
VAT nor does it include property tax if
compensation for this tax is paid under
separate agreement stipulated above.
Compensation is paid in accordance with the
rules for payment or rent.
VALUE ADDED TAX (VAT) The property-owner/Lessor is liable to VAT for
letting the premises. In addition to the rent
the Lessee shall on each due date pay the VAT
at the rate then applicable.
The VAT is to be paid at the same time as the
rent and calculated on the rental amount and on
any surcharges, and compensation specified in
the Lease according to the rules for VAT
payment on rent then applicable.
PAYMENT OF RENT Rent shall be paid in advance, without prior
reminder, no later than the last weekday before
the beginning of each calendar quarter
INTEREST REMINDERS In the case of late rental payment the Lessee
shall pay the interest due under The Interest
Act, as well as compensation for written
reminders as set out in The Act concerning
Remuneration for Debt Recovery Costs etc.
Compensation for reminders shall be paid in the
amount then applicable under The Ordinance
concerning Remuneration for Debt Recovery Costs
etc.
MAINTENANCE ETC. The Lessee shall carry out at his expense any
necessary maintenance of interior floor, wall
and ceiling surfaces and of the fittings and
fixtures provided by the Lessor.
The Lessee shall not be entitled to a reduction
in rent for any obstruction to his use and
enjoinment of the premises for the period
during which the Lessor carries out customary
forms of maintenance on the property or the
premises hereby rented. The Lessor shall,
however, notify the Lessee in good time about
the type and extent of the work as well as of
the period during which such work is to be
carried out.
When the Lease is for a shop or handicraft
business that is dependent on a flow of
customers, this clause shall apply only if a
separate agreement to that effect has been
concluded.
It shall be the responsibility of the Lessee at
his own risk and at his own expense, to take
any measures as may be required by an insurance
company, a municipal building committee, a
municipal environmental protection and public
health committee, a fire-fighting authority or
any other authority for the premises to be used
as intended. The Lessee shall consult with the
Lessor before such measures are taken.
If the Lessee makes any changes to the premises
without required building permit, as a
consequence of which the Lessor must pay a
building fee or supplementary charge under the
provisions of the Planning and Building Act,
the Lessee shall pay the Lessor a corresponding
amount in compensation.
SIGNS, AWNINGS, WINDOWS,
DOORS ETC. The Lessee shall be entitled, having consulted
the Lessor, to put up signs customary for the
business in question provided he has obtained
any permits as may be required by the
appropriate authorities and the Lessor has no
reasonable grounds for refusal. Upon vacating
the premises, the Lessee shall undertake to
restore the facade of the building to an
acceptable condition.
Should more extensive maintenance of the
property be required, e.g. renovation of the
facade, the Lessee shall at his own expenses
and without compensation take down and replace
signs, awnings and aerials.
The Lessor undertakes not to put up automatic
dispensers or display cases on the exterior
walls of the premises rented by the Lessee
without the permission of the Lessee and hereby
grants the Lessee the option of himself
installing automatic dispensers and display
cases on such walls.
The Lessee shall be responsible for any damage
due to negligence or malicious intent to
display windows, entrance doors and signs.
LOCKS AND THEFT-
PREVENTION DEVICES The Lessee shall fit the premises with such
locks and theft-prevention devices as may be
required to ensure the validity of the Lessee's
business insurance.
FORCE MAJEURE Circumstances beyond the control of the Lessor
and which the Lessor could not be expected to
foresee, such as war, riot, strike, blockade,
fire, explosion or action by a public
authority, shall release the Lessor from his
obligations under this Lease, provided such
obligations cannot be met at all or only at
abnormally high cost, and from liability to pay
compensation.
SIGNATURE This Lease, which may not be registered without
special permission, has been drawn up in two
identical copies, of which the parties have
each taken one copy. Previous agreements
between the parties relating to the premises
shall lapse as of the date on which this Lease
takes effect.
Place, date Place, date
/s/ /s/
Lessor Lessee
