Lease Agreements between Smartlink Holdings Pty Ltd and ActivIdentity Australia Pty Ltd for Units in Deakin, ACT
Smartlink Holdings Pty Ltd leases several office units in Deakin, ACT, to ActivIdentity Australia Pty Ltd for three years, starting August 1, 2006, and ending July 31, 2009. The leases cover different units, each with specified annual rent and area. ActivIdentity may terminate the lease early by giving three months' notice after two years. Rent is paid monthly and is subject to annual increases based on the Consumer Price Index. The agreements are governed by the Land Titles Act 1925 and include standard covenants and conditions.
Exhibit 10.6
| AUSTRALIAN CAPITAL TERRITORY GOVERNMENT |
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| LEASE | SL |
| LAND TITLES ACT 1925 |
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The lessor as registered proprietor of the land in Item 1 leases to the lessee the area described in Item 5. This lease is subject to the mortgages, encumbrances and other instruments affecting the land, including any created by dealings lodged prior to this lease.
| 1. | LAND |
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| DISTRICT/DIVISION |
| SECTION |
| BLOCK |
| UNIT |
| VOL:FOL |
| INSTRUMENT NO. |
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| Deakin |
| 35 |
| 36 |
| 3 and 4 |
| 1453:53 and 1453:54 |
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| 2. | LESSOR (FULL NAME AND ADDRESS OF LESSOR / SUBLESSOR / UNDERLESSOR) |
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| Smartlink Holdings Pty Ltd having its registered office at 2/26 Jonathan Avenue, Burwood East, Victoria 3151 |
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| 3. | LESSEE (FULL NAME AND ADDRESS OF LESSEE / SUBLESSEE / UNDERLESSEE, SURNAME LAST) |
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| Activldentity Australia Pty Ltd having its offices at 7 Phipps Close, Deakin ACT 2600 |
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| 4. | FORM OF TENANCY |
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| Not applicable |
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| 5. | AREA BEING LEASED (EG: WHOLE OR DESCRIPTION OF SUBLET AREA) |
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| Units 3 and 4 on Units Plan 1282 (231 square metres) |
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| 6. | TERM OF LEASE |
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| TERM: 3 years (with option of vacating giving three months notice after 2 years) |
| COMMENCING: 1 August 2006 |
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| TERMINATING: 31 July 2009 |
| YEARLY RENT: $68,145 per annum ($295.00 per square metre) excluding GST |
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| · THE COVENANTS AND CONDITIONS SET OUT IN THE ANNEXURES B HERETO ARE DEEMED TO BE INCORPORATED HEREIN |
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| (DELETE IF INAPPLICABLE) |
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| 7. | CONSENTING PARTY / PARTIES |
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| I / WE CONSENT HERETO: |
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| SIGNATURE/S |
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1
| 8. | DATE |
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| 4 OCTOBER 2006 |
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| 9. | EXECUTION |
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| SIGNED IN MY PRESENCE BY THE LESSOR: |
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| ANDREW CASTLE | ||
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| /s/ [Illegible] |
| FULL NAME AND SIGNATURE OF WITNESS. | |
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| SIGNATURE OF LESSEE. | /s/ Andrew Castle |
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| SIGNED IN MY PRESENCE BY THE LESSEE: |
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| DAVID GOSNELL | ||
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| /s/ [Illegible] |
| FULL NAME AND SIGNATURE OF WITNESS. | |
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| SIGNATURE OF LESSEE. | /s/ David Gosnell |
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2
| TERM: |
| 3 years |
| Term Commences: |
| 1 August 2006 |
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| Term Ends: |
| 31 July 2009 |
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| SPECIAL CONDITION: |
| Should ActivIdentity wish to vacate the above premises prior to three years, three months notice must be given after a term of two (2) years. | ||||
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| RENTAL: |
| Rental to be paid on lst day of each month. A monthly invoice to be provided. | ||||
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| CPI ADJUSTMENT: |
| A rental increase will be charged according to CPI on: | ||||
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3
| AUSTRALIAN CAPITAL TERRITORY GOVERNMENT |
|
| LEASE | SL |
| LAND TITLES ACT 1925 |
|
The lessor as registered proprietor of the land in Item 1 leases to the lessee the area described in Item 5. This lease is subject to the mortgages, encumbrances and other instruments affecting the land, including any created by dealings lodged prior to this lease.
| 1. | LAND |
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|
|
|
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|
|
| ||||
|
| DISTRICT/DIVISION |
| SECTION |
| BLOCK |
| UNIT |
| VOL:FOL |
| INSTRUMENT NO. |
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| Deakin |
| 35 |
| 36 |
| 5 and 6 |
| 1453:56 and 1453:55 |
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| 2. | LESSOR (FULL NAME AND ADDRESS OF LESSOR / SUBLESSOR / UNDERLESSOR) |
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| Smartlink Holdings Pty Ltd having its registered office at 2/26 Jonathan Avenue, Burwood East, Victoria 3151 |
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| 3. | LESSEE (FULL NAME AND ADDRESS OF LESSEE / SUBLESSEE / UNDERLESSEE, SURNAME LAST) |
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| ActivIdentity Australia Pty Ltd having its offices at 7 Phipps Close, Deakin ACT 2600 |
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| 4. | FORM OF TENANCY |
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| Not applicable |
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| 5. | AREA BEING LEASED (EG: WHOLE OR DESCRIPTION OF SUBLET AREA) |
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| Units 5 and 6 (Level 1) on Units Plan 1282 (463 square metres) |
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| 6. | TERM OF LEASE |
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| TERM: 3 years (with option of vacating giving three months notice after 2 years) |
| COMMENCING: 1 August 2006 |
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| TERMINATING: 31 July 2009 |
| YEARLY RENT: $136,585 per annum ($295.00 per square metre) excluding GST |
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| · THE COVENANTS AND CONDITIONS SET OUT IN THE ANNEXURES B HERETO ARE DEEMED TO BE INCORPORATED HEREIN |
| ||||||||||||||
|
|
|
|
|
| ||||||||||||
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|
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| (DELETE IF INAPPLICABLE) |
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| 7. | CONSENTING PARTY / PARTIES |
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| I /WE CONSENT HERETO: |
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| SIGNATURE/S |
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| CONTINUED OVERLEAF |
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1
| 8. | DATE |
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| 4 October 2006 |
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|
|
|
| ||
| 9. | EXECUTION |
| ||
|
| SIGNED IN MY PRESENCE BY THE LESSOR: |
| ||
|
|
| ANDREW CASTLE | ||
|
| /s/ [Illegible] |
| FULL NAME AND SIGNATURE OF WITNESS. | |
|
| SIGNATURE OF LESSEE. | /s/ Andrew Castle |
| |
|
|
|
| ||
|
| SIGNED IN MY PRESENCE BY THE LESSEE: |
| ||
|
|
| DAVID GOSNELL | ||
|
| /s/ [Illegible] |
| FULL NAME AND SIGNATURE OF WITNESS. | |
|
| SIGNATURE OF LESSEE. | /s/ David Gosnell |
| |
2
| TERM: |
| 3 years |
| Term Commences: |
| 1 August 2006 |
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| Term Ends: |
| 31 July 2009 |
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| SPECIAL CONDITION: |
| Should ActivIdentity wish to vacate the above premises prior to three years, three months notice must be given after a term of two (2) years. | ||||
|
|
|
|
|
|
|
|
| RENTAL: |
| Rental to be paid on lst day of each month. A monthly invoice to be provided. | ||||
|
|
|
|
|
|
|
|
| CPI ADJUSTMENT: |
| A rental increase will be charged according to CPI on: | ||||
|
|
|
|
|
|
|
|
3
| AUSTRALIAN CAPITAL TERRITORY GOVERNMENT |
|
| LEASE | SL |
| LAND TITLES ACT 1925 |
|
The lessor as registered proprietor of the land in Item 1 leases to the lessee the area described in Item 5. This lease is subject to the mortgages, encumbrances and other instruments affecting the land, including any created by dealings lodged prior to this lease.
| 1. | LAND |
|
|
|
|
|
|
|
|
|
|
| ||||
|
| DISTRICT/DIVISION |
| SECTION |
| BLOCK |
| UNIT |
| VOL:FOL |
| INSTRUMENT NO. |
| ||||
|
| Deakin |
| 35 |
| 36 |
| 1 and 2 |
| 1453:51 and 1453:52 |
|
|
| ||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| ||||
| 2. | LESSOR (FULL NAME AND ADDRESS OF LESSOR / SUBLESSOR / UNDERLESSOR) |
| ||||||||||||||
|
| Smartlink Holdings Pty Ltd having its registered office at 2/26 Jonathan Avenue, Burwood East, Victoria 3151 |
| ||||||||||||||
|
|
|
| ||||||||||||||
| 3. | LESSEE (FULL NAME AND ADDRESS OF LESSEE / SUBLESSEE / UNDERLESSEE, SURNAME LAST) |
| ||||||||||||||
|
| ActivIdentity Australia Pty Ltd having its offices at 7 Phipps Close, Deakin ACT 2600 |
| ||||||||||||||
|
|
|
| ||||||||||||||
| 4. | FORM OF TENANCY |
| ||||||||||||||
|
| Not applicable |
| ||||||||||||||
|
|
|
| ||||||||||||||
| 5. | AREA BEING LEASED (EG: WHOLE OR DESCRIPTION OF SUBLET AREA) |
| ||||||||||||||
|
| Units 1 and 2 on Units Plan 1282 (232 square metres) |
| ||||||||||||||
|
|
|
| ||||||||||||||
| 6. | TERM OF LEASE |
|
|
| ||||||||||||
|
| TERM: 3 years (with option of vacating giving three months notice after 2 years) |
| COMMENCING: 1 August 2006 |
| ||||||||||||
|
|
|
|
|
| ||||||||||||
|
| TERMINATING: 31 July 2009 |
| YEARLY RENT: $68,440 per annum ($295.00 per square metre) excluding GST |
| ||||||||||||
|
|
|
|
|
| ||||||||||||
|
| · THE COVENANTS AND CONDITIONS SET OUT IN THE ANNEXURES B HERETO ARE DEEMED TO BE INCORPORATED HEREIN |
| ||||||||||||||
|
|
|
|
|
| ||||||||||||
|
|
|
| (DELETE IF INAPPLICABLE) |
| ||||||||||||
|
|
|
|
|
| ||||||||||||
| 7. | CONSENTING PARTY / PARTIES |
|
|
| ||||||||||||
|
| I / WE CONSENT HERETO: |
|
|
| ||||||||||||
|
|
|
|
|
| ||||||||||||
|
|
|
|
|
| ||||||||||||
|
|
|
| SIGNATURE/S |
| ||||||||||||
|
|
|
| CONTINUED OVERLEAF |
| ||||||||||||
1
| 8. | DATE |
| ||
|
| 4 October 2006 |
| ||
|
|
|
| ||
| 9. | EXECUTION |
| ||
|
| SIGNED IN MY PRESENCE BY THE LESSOR: |
| ||
|
|
| Andrew Castle | ||
|
| /s/ [Illegible] |
| FULL NAME AND SIGNATURE OF WITNESS. | |
|
| SIGNATURE OF LESSEE. | /s/ Andrew Castle |
| |
|
|
|
| ||
|
| SIGNED IN MY PRESENCE BY THE LESSEE: |
| ||
|
|
| David Gosnell | ||
|
| /s/ [Illegible] |
| FULL NAME AND SIGNATURE OF WITNESS. | |
|
| SIGNATURE OF LESSEE. | /s/ David Gosnell |
| |
2
| TERM: |
| 3 years |
| Term Commences: |
| 1 August 2006 |
|
|
|
|
| Term Ends: |
| 31 July 2009 |
|
|
|
|
|
|
|
|
| SPECIAL CONDITION: |
| Should ActivIdentity wish to vacate the above premises prior to three years, three months notice must be given after a term of two (2) years. | ||||
|
|
|
|
|
|
|
|
| RENTAL: |
| Rental to be paid on 1st day of each month. A monthly invoice to be provided. | ||||
|
|
|
|
|
|
|
|
| CPI ADJUSTMENT: |
| A rental increase will be charged according to CPI on: | ||||
|
|
|
|
|
|
|
|
3
