2972 COLUMBIA ST. LEASE AGREEMENT

This agreement, entered into on______________________ by and between Eastbiz Corporation.. ("Landlord"), a California corporation,

and_______________________________________________ (corporation or individual).
 

1. Basic Lease Terms:
(a) AUTHORIZED PERSON USING THE SPACE (first name, last name): ______________________________________________("Tenant")
(b) PREMISES: 2972 Columbia St., Torrance, CA 90503 (the second floor of office buildout).
(c) TERM OF LEASE: The term of this lease shall be month to month, commencing on the date when this agreement is signed.
(d) MONTHLY RENT: $150 per month.
(e) Tenant is entitled to  use of conference room, workspace with computer with Internet connection during Landlord regular business hours.  Some suggested uses are, but certainly not limited to presentation meetings, conferences with clients, consummating and executing agreements and financial transactions, reading  writing, etc. The assigned and shared space is available on first come first serve basis. Tenant can reserve the space for booking fee $10 per hour (one hour minimum charged).

2. RENT: Tenant agrees to pay to Landlord the basic monthly rent in the amount set forth in the Basic Lease Terms herein during the term of this Lease.
(a) Unless otherwise set forth herein, all rent and additional rent due to Landlord hereunder are due and payable in advance on the first of every month without demand or offset. Any additional charges are due and payable upon receipt of an invoice from Landlord.
(b) Any payment not received within three (3) days after the due date is subject to a late charge equal to ten percent (20%) of the past due balance, but not less than $20.00, to compensate Landlord for the extra costs incurred as a result of such late payment. Tenant acknowledges and agrees that such late charge is reasonable.
(c) In addition, in the event any check of Tenant should fail to clear the bank and is returned unpaid to Landlord, them immediately upon written demand of Landlord to Tenant, Tenant shall also pay a "Returned Check" processing fee of Fifty Dollars ($50.00) for each such check to cover Landlord's costs and expenses in processing each returned or unpaid check.
(d) Tenant will pay security deposit in amount of one monthly rent.
(e) Liability Insurance-Tenant Tenant shall, at Tenant’s expense, obtain and keep in force during the term of this Lease a policy of Commercial General Liability insurance with Broad Form General Liability Endorsement, or equivalent, in an amount of not less than $1,000,000 per occurrence of bodily injury and property damage combined or in a greater amount as reasonably determined by Landlord and shall insure Tenant with Landlord and Landlord's asset manager and property manager as additional insurers against liability arising out of the use, occupancy or maintenance of the Premises. Compliance with the above requirements shall not, however, limit the liability of Tenant hereunder.
(f) Tenant shall keep the space clean. No food consumption is allowed on the premises. Tenant shall not install any software on any computers.

3. WAIVER: The waiver by Tenant of any term, covenant or condition herein contained shall constitute a waiver only as to that particular occurrence and shall not be deemed to be a waiver of such term, covenant or condition in the future. The waiver by Landlord of any term, covenant or condition herein contained shall constitute a waiver only as to that particular term, covenant or condition and shall not be deemed to be a waiver of any other term, covenant or condition of this agreement. It is further agreed that acceptance of Tenant's payment by Landlord shall not be a waiver of any term, covenant or condition of this agreement.

4. HOLD HARMLESS: Exemption of Landlord from Liability. Tenant hereby agrees that Landlord shall not be liable for injury to Tenant's business or any loss of income therefrom or for loss of or damage to the goods, wares, merchandise or other property of Tenant, Tenant's employees, invitees, customers, or any other person in or about the Premises of the Development, nor shall Landlord be liable for injury to the person of Tenant, Tenant's employees, agents or contractors, whether such damage or injury is caused by or results from theft, fire, steam, electricity, gas, water or rain, or from the breakage, leakage, obstruction or other defects of pipes, sprinklers, wires, appliances, plumbing, air conditioning or lighting fixtures, or from any other cause, whether said damage or injury results from conditions arising upon the Premises or upon other portions of the Development, or from other source or place, or from new construction or the repair, alteration or improvement of any part of the Development, or of the equipment, fixtures or appurtenances applicable thereto, and regardless of whether the causes of such damage or injury or the means of repairing the same is inaccessible. Landlord shall not be liable for any damages arising from any act or neglect of any other tenant, occupant or user of the Development, nor from the failure of Landlord to enforce the provisions of any other Lease of any other tenant of the Development. Tenant shall indemnify and hold harmless Landlord against and from any and all claims arising from Tenant's use of this agreement or the actions and services of Landlord on behalf of Tenant; from and against all cost, attorney's fees, expenses and liabilities incurred in or about any such claim or any action or proceeding brought thereon; and, in any case, from actions or proceedings brought against Landlord by reason of any such claim. Tenant upon notice of Landlord shall defend the same at Tenant's expense by counsel reasonably satisfactory to Landlord.

Entire agreement It is expressly understood that this agreement constitutes the entire agreement between the parties and that no statement, representation, promise or inducement made by any party hereto, its agents or employees, which is not expressly contained in the agreement, shall be binding or be of any force or effect. This agreement shall not be modified, altered, changed or amended in any respect except by written memorandum signed by both parties and shall supersede, replace and take precedence over any prior agreement or agreements of similar character between the parties hereto Tenant acknowledges that he has rid this agreement in its entirety. The parties expressly agree that this contract will be binding on the heirs, successors and assigns of either party in all respects.

Venue: This agreement shall be governed by the laws of the State of California, and it I further covenanted and agreed with each other that venue of any suit or controversy involving this agreement shall lie exclusively within the State of California. Both parties hereby consent to the jurisdiction of the appropriate court of the State of California

The parties hereby declare that If a dispute or difference arises between the parties concerning performance or interpretation of this agreement, said agreement is to be construed pursuant to the parties Intent hereby expressed.
 

IN WITNESS WHEREOF,
 

_______________________ (Representative of Eastbiz Corporation.)
2972 Columbia St., Torrance, CA 90503, Phone: 310-212-71463, email: info@eastbiz.com
 

___________________________ by: ____________________________________(Tenant Name)

___________________________
Tenant Company Name
 
 

PAYMENT INFORMATION:
___ I will pay by check each month.
___ I authorize Eastbiz Corporation to debit my credit card each month for amount $150 + one time deposit $150

The payment will be processed by Eastbiz Corporation or third party provider EastBiz.com, Inc.
Check one: __ VISA  __MasterCard   __ Discover    __ AMEX
Credit Card Number:  
Expire Date:  
Name on the card:  
Billing address:  
City and State City                  State                 Zip Code

Signature Of Card Holder______________________________(Signature is required)

CONTACT INFORMATION
Company name  
Contact Name   
Phone, fax Phone:                         Fax:
Email:   
Mailing address:  
City and State City                        State         Zip Code

Please fax back to (702) 507-1467. Email: info@eastbiz.com