LEASE AGREEMENT
This Agreement is made and entered into this (date) day of (month), 200_, between Lessor Inc.,a Korean corporation with its registered head office at _____(the Lessor) and Lessee Corp.,a______________ corporation with its registered head office at _______(the Lessee).
WHEREAS:
A. Lessor is engaged in the business of the production and sale of ____________.and related products (collectively, the Products) in Korea; and
B. Lessee wants to lease from Lessor and Lessor is willing to lease to Lessee a certain real property and facilities for the production and marketing of the Products.
NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter,
the parties hereby agree as follows:
Article 1. Term
The lease under this Agreement (the Lease) shall be effective for _______ years from ______ (the Commencement Date) to ______________, provided that such term may be adjusted by mutual agreement of the parties.
Article 2. Leases Properties
Lessor shall lease to Lessee and Lessee shall lease from Lessor those real properties (the Leased Premises) and facilities necessary for the manufacturing and marketing of the Products, which are particularly described in Exhibit A (collectively, the Leased Properties)
Article 3. Rents Fees
The rents fees including electricity, water, gas, telephone and facility rate, etc. with respect to the Lease Properties(Rents Fees) are set forth in Exhibit B. Lessee shall pay Lessor the Rents Fees on or before the first day of every calendar month in equal installment.
Article 4. Sale of Office Furnishings and Equipment
Lessee shall purchase those office furnishings and equipments which are listed in Exhibit C or _______won (office furnishings) and _______won (equipment). The delivery of the office furnishings and equipments and the payment of the foregoing prices shall be made on _________ or any other date mutually agreed on in writing.
Article 5. Condition of Premise
Lessor shall deliver the Leased Premises to Lessee on the Commencement Date clean and debris-free; and all walls, foundation, roofs, ceilings, supports, floors, doors, windows, elevators, electrical systems, plumbing fixtures, lighting fixtures, ventilating, airconditioning and heating systems, and other fixtures, equipment, structures or improvements which are part of the Leased Premises shall be in good repair and good operating condition. The Leased Premises shall have been maintained in accordance with reasonable and prudent business practices |
2008.04.08
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