Rent and Operation Contract, dated July 15, 2010, by and among Tengzhou the Fifth Season Enterprise Management Co., Ltd. and Tengzhou Xinxing Property Development Co., Ltd. 1st Branch

EX-10.9 8 exhibit10-9.htm EXHIBIT 10.9 Fifth Season International Inc.: Exhibit 10.9 - Filed by newsfilecorp.com

Exhibit 10.9

Rent & Operation Contract entered by and between Tengzhou Xinxing Property Development Co., Ltd.,
1st Branch and Tengzhou the Fifth Season Enterprise Management Co., Ltd. dated July 15 2010

Party A: Tengzhou Xinxing Property Development Co., Ltd., 1st Branch

Party B: Tengzhou the Fifth Season Enterprise Management Co., Ltd.

  • General Information of the Rented Room
  • Rent Purpose: business
  • Location: 1st floor to 5th floor of Xinxing Commerce Building, Tengzhou City
  • Area: approximately 23852.28 sq.m.
  • Property Right
  • Party A promises to own the operation right to the rented room, and Party A is totally entitled to rent the room. Party A would settle the problem if there is any third party claims to the property right to the rented room.
  • Term, Rental and Other Fees of Tenancy
  • Term of Tenancy: from September 1, 2010 to August 31, 2015 for 1st floor and 2nd floor; from September 1, 2010 to August 31, 2018 for 3rd floor, 4th floor & 5th floor;
  • Free Rental Term: from September 1, 2010 to August 31, 2012
  • Rental: RMB 0.7 yuan/sq.m./day from 3rd year to 5th year, the rental will increase by 5% from 6th year, and will increase by 5% per three year (rental excluding from fees on water, electric, gas, communication, property management and government levy)
  • Way of Payment: pay once a year
  • Earnest money: RMB 1,000,000 yuan to Party A
  • Headlines of the articles omitted
  • Decoration & Fitment
  • Sales & Property Management
  • Modification and Termination of Contract
  • Breach of the Contract
  • Miscellaneous