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SHENZHEN REAL ESTATE LEASE AGREEMENT

Lease Agreement

SHENZHEN REAL ESTATE LEASE AGREEMENT | Document Parties: CHINA ELECTRIC MOTOR, INC. You are currently viewing:
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Title: SHENZHEN REAL ESTATE LEASE AGREEMENT
Date: 5/12/2009

SHENZHEN REAL ESTATE LEASE AGREEMENT, Parties: china electric motor  inc.
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SHENZHEN REAL ESTATE

LEASE AGREEMENT

 

Landlord (Hereinafter referred to as Party A) Shenzhen Jianhuilong Industry Co., Ltd      

Address:_____________________________

Post code ______________________________

Deputy:      Xiaoming Li                                                          

Address _____________________________

Post code _____________________________

 

Tenant (Hereinafter referred to as Party B) Shenzhen Yuepengcheng Motor Co. Ltd       

Address _______________________

Post code ________________________

No. of Business license/ID __________________________

Deputy                       Liting Chen                                

Address _______________________________

Post code ___________________________________

 

In compliance with “Contract Law of PRC” and “Regulation of Flat Leasing of Shenzhen Municipality”, both Parties through amicable consultation on the basis of party autonomy, equality and good faith, agree on the following terms and conditions as to the tenancy herein:

 

ARTICLE 1  Party A will lease to Party B the premises and attached facilities all owned by Party A itself, which is located at    JIANAN ROAD HIGH NEW-TECH INDUSTRIAL ZONE, FUYONG COUNTRY,   BAOAN  DISTRICT   and in good condition for Party B. The registered size of the leased premises is     13954.54       square meters totally     19   floors.

 

ARTICLE 2  Party B will pay the rental        RMB 174430     per month to Party A.

 

ARTICLE 3  The first installment will be paid before     /    (month)     /    (day)     /   (year).

 

ARTICLE 4 Each successive installment will be paid before   ______ 28______ Th  of each month, and Party B should provide Tax invoices to Party A.

 

ARTICLE 5 The term of tenancy of the premises is commencing from____ 1 st           (day)___ Jan  __ (month)_ 2009____ year to __ 31  st  (day)___ Dec.___ (month) __ 2010__ (year).

 

Party A will guarantee the lease right of the premises. Otherwise, Party A will be responsible to compensate Party B's losses.

 

ARTICLE 6 The premises is used for      plant            

Party B will use the premises lawfully according to this contract without changing the nature of the premises.

 

ARTICLE 7  Party A will provide the premises on schedule to Party B for using, and conduct transferring formalities.

 

In case Party A can’t provide the premise on schedule, Party B has the right to have the contract postponed.

 

ARTICLE 7  Party A should prepared plans and specifications for the construction of improvements, and, if so, such plans and specifications are attached hereto and incorporated herein by reference.

 

 

 


 

 

ARTICLE 8  Party B will pay ____/_____to party A as a deposit before ___/__(month) __/___(day) ____/___(year). Party A will issue a written receipt after receiving the deposit.

 

ARTICLE 9  Party B will bear the cost of utilities such as communications, water, electricity, gas, management fee etc. on time during the lease term.

 

ARTICLE 10  In case the premise and attached facilities are damaged by quality problems, natural damages or disasters, Party A will be responsible to repair and pay the relevant expenses.

 

ARTICLE 11 Party B will not transfer the lease of the premises or sublet it without Party A's approval and should take good care of the premises. Otherwise, Party B will be responsible to compensate any damages of the premises and attached facilities caused by its fault and negligence.

 

ARTICLE 12  Party B will use the premises lawfully according to this contract Party A must guarantee the normal enjoyment of the property of Party B and shall not disturb Party B’s normal life on the premises during the leasing period.

 

ARTICLE 13 Party A agrees at its


 
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