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LEASE AGREEMENT
Lessor:
(hereinafter referred to as party A) Wei
Chen
Lessee:
(hereinafter referred to as party B) Shandong Jiajia
International & Forwarding Company., Ltd. Shanghai
Branch
Party A and
Party B have reached an agreement through friendly consultation to
conclude the following contract.
Article
1. Leased Premisess
The leased
premisess is specified as follows: office area of 7,008 square feet
located at Gutai Binjiang Mansion Suite 2301, 2302 and 2306, 969 S.
Zhongshan Road, Huangpu District, Shanghai.
The Lease
Agreement shall be effective for one year, commencing from June 1,
2008 and ending on May 31, 2009. When the term expires, Party B has
the priority over other rental applicants to renew the lease. Party
A has right to terminate contract and take back premisess in the
following circumstances:
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Party B
sublease, transfer, or lend the premises without permission of
Party A
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Party B uses
the premises to conduct illegal activities and do harm to
public
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Party B falls
behind with rent accumulatively for two months.
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The rent is RMB
25,000 for each month. The total rent for one year is
RMB300,000.
Article 4.
Monthly Property Management Fee:
RMB11718.54(651.03×18)
The Lessee pays on monthly basis the following
expenses: Electricity, Water and cleaning service.
Article 5.
Payment Method
Party B should
pay the rents biannually.
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