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THIS LEASE AGREEMENT
(the “Lease”) is entered into this ____ day of _________, 200__ Between
___________________________________ and _________(Tenant)_________.
Landlord and Tenant agree as
Leased Premises. The leased commercial real estate (the “Premises”)
consists of an agreed area of approximately rentable square feet and are
outlined on the floor plan attached as Exhibit A, located on the land legally
described on attached Exhibit B, and is commonly known as (suite number and
address). The Premises do not include, and Landlord reserves, the exterior
walls and roof of the Premises, the land beneath the Premises, the pipes and
ducts, conduits, wires, fixtures, and equipment above the suspended ceiling or
structural elements of the building in which the Premises are located (the
Building”). The Building, the land upon which it is situated, all other
improvements located on such land, and all common areas appurtenant to the
Building are referred to as the “Property.”
Lease Commencement Date. The Lease shall commence on ______, or such
earlier or later date as provided in Section 3 (the “Commencement Date”).
Lease Termination Date. The Lease shall terminate at midnight on _____, or such earlier or later date, including option periods, as provided in
Section 3 (the “Termination Date”).
Base Rent. The base
monthly rent shall be: $_______________ .
Option Rent. The base
monthly rent for the first option period shall be: $_____.
The base monthly rent for the
second option period shall be: $_________ .
Rent shall be payable at
Landlord’s address shown in Section 1(g) below, or such other place designated
in writing by Landlord.
Security Deposit. The amount of the security deposit is
Permitted Use. The Premises shall be used only for _____________
and for no other purpose without the prior written consent of Landlord.
Notice and Payment
Telephone No.: ___________
Fax No.: ________________________________
Tenant: _____________________________ Telephone No.:
Fax No.: ________________________________
Tenant’s Pro Rata Share. Landlord and Tenant agree that Tenant’s Pro Rata
Share is %, based on the ratio
of the agreed rentable area of the Premises to the agreed rentable area of the
Building and all other buildings on the Property as of the date of this Lease.
PREMISES. Landlord leases to Tenant, and Tenant leases from
Landlord the Premises upon the terms specified in this Lease.
Commencement Date. The Lease shall commence on the date specified in
Section 1(b), or on such earlier or later date as may be specified by written
notice delivered by Landlord to Tenant advising Tenant that the Premises are
ready for possession and specifying the Commencement Date, which shall not be
less than days following the date of such notice. If
Tenant occupies the Premises before the Commencement Date specified in Section
1(b), then the Commencement Date shall be the date of occupancy. If
Landlord acts diligently to make the Premises available to Tenant, neither
Landlord nor any agent or employee of Landlord shall be liable for any damage or
loss due to Landlord’s inability or failure to deliver possession of the
Premises to Tenant as provided in this Lease. The Termination Date shall
be modified upon any change in the Commencement Date so that the length of the
Lease term is not changed. If Landlord does not deliver possession of the
Premises to Tenant within days after the date specified in
Section 1(b), Tenant may elect to cancel this Lease by giving written notice to
Landlord within 10 days after such time period ends. If Tenant gives such
notice, the Lease shall be cancelled, all prepaid rent and security deposits
shall be refunded to tenant, and neither Landlord nor Tenant shall have any
further obligations to the other. The first “Lease Year” shall commence on
the Commencement Date and shall end on the date, which is twelve (12) months
from the end of the month in which the Commencement Date occurs. Each
successive Lease Year during the initial term and any extension terms shall be
twelve (12) months, commencing on the first day following the end of the
preceding Lease Year, except that the last Lease