Exhibit 10.3
Lease Agreement
Nov 30, 2014
The following sets forth our agreement with regard to the grant by Xxxx Xxxxxxx
or an affiliate thereof (The "Xxxxxx") to you (the "Sub-Xxxxxx) Uni Line Corp.
under the following terms and conditions:
1. The Leased Premises area covers approximately 4 (four) square meters. The
Leased Premises is located on the first floor of the building at Xxxxx
Xxxxx Xxxx X.0, Xxxxxxxxxx, Xxxxxx XX0 0XX, Xxxxxx Xxxxxxx.
2. The Agreement shall be for a term of three (3) years, starting on Nov 30,
2014 and ending on Nov 30, 2017.
3. Uni Line 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 or $200/month
dollars payable in advance on the first day of every month, in twelve (12)
equal and consecutive installments of $200 each month.
5. For the second and third year of the agreement the annual rent is $2,400
dollars payable in advance on the first day of every month, in twelve (12)
equal and consecutive installments of $200 each month.
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,
Xxxx Xxxxxxx
/s/ Xxxx Xxxxxxx
----------------------------------
I/we, the undersigned, hereby agree with the forgoing terms and conditions.
Signed in the City of: Warsaw the 31 day of March 2014
Xxxx Xxxxxxx /President /s/ Xxxx Xxxxxxx
---------------------------------- ----------------------------------
PRINT NAME & TITLE SIGNATURE
Xxxxx Xxxxxx /President /s/ Xxxxx Xxxxxx
---------------------------------- ----------------------------------
PRINT NAME & TITLE SIGNATURE
2
