Exhibit
10.135.1 Certain
confidential information in this Exhibit 10.135.1 was omitted and
filed separately with the Securities and Exchange Commission with a
request for confidential treatment by Inter Parfums,
Inc.
COMMERCIAL LEASE
Subject to the Articles L
145.1 through L 145.60 of the New Commercial law
and to the decree of September
30, 1953
BY
AND BETWEEN THE UNDERSIGNED
Real Estate Company at 4/6 Rond-Point des
Champs Elysees,
Represented by
DAUCHEZ PROPERTY ADMINISTRATORS, Inc. the headquarters of which is
located at 132 Haussman Boulevard, 75008, Paris, holder of Business
License No. G 989, insured by the Insurance Corporation, SOCAMAB
ASSURANCES, which is represented by Mr. Jean-Claude
SAUNIER.
Hereinafter
"the lessor", party of the first part,
AND
The INTER
PARFUMS Company, a Corporation with capital of 40.171.620.00 Euros,
the headquarters of which are located at 4/6 Rond-point des Champs Elysees, 75008 PARIS,
registered under the Commerce and Companies Registry of Paris under
the number B 350 219 382, and represented for the purposes of these
presents by its Delegate General Director, Mr. Philippe
SANTI
hereinafter
"the Lessee",
party of the
second part,