Lease Agreement between Hou Xiuying and Tonghua Tongdetang Pharmaceutical & Medicinal Material Co., Ltd.

Contract Categories: Real Estate Lease Agreements
Summary

This agreement is between Hou Xiuying (landlord) and Tonghua Tongdetang Pharmaceutical & Medicinal Material Co., Ltd. (tenant) for the lease of a 300-square-meter property at No. 101, No. 1 Building of Fengze Yuan. The lease runs from December 1, 2010, to December 1, 2013, with an annual rent of 64,800 Yuan and a deposit of 5,400 Yuan. The landlord covers utilities and fees. The tenant must maintain the property and may not sublease without permission. Disputes are to be resolved by negotiation or in court if necessary.

EX-10.13 18 v216233_ex10-13.htm Unassociated Document
Lease Agreement
Party A (Leaser): Hou Xiuying
Party B (Leasee): Tonghua Tongdetang Pharmaceutical & Medicinal Material Co., Ltd.
1.  
Party A Leases No. 101, No. 1 Building of Fengze Yuan to Party B, covering the area of 300 square meters; Party A shall pay for all the water and electricity fees, heating fees as well as other fees during the lease term.
2.  
The lease term covers three tears, from Dec. 1, 2010 to Dec. 1, 2013. After the lease term expires, Party B has the priority to lease the property under same condition; if Party B doesn’t intend to lease the property, it shall notify Party A in advance of one month.
3.  
The rent is 64,800.00 Yuan annually.
4.  
After signing the agreement, Party B shall pay 5,400.00 Yuan as the deposit, and if Party B intends to terminate the lease term in advance, the deposit will not be returned.
5.  
Party B shall pay attention to the fireproofing, guard against theft, electric proofing and water-proofing, and guarantee the good condition of the property; if Party B causes the loss of the property, it shall compensate for Party A.
6.  
At the expiration of the lease term, if there is no owning fee and house damage, the deposit shall be returned to Party B.
7.  
With permission of Party A, Party B shall not privately sublease, lend or exchange during the lease term, and shall not engage in illegal activities, otherwise Party B shall bear the liability.
8.  
The Contract shall be observed and performed together by both parties based on the principles of voluntary negotiation and equality. Disputes aroused shall be solved by negotiation; if the negotiation fails, it shall appeal to the court in Dongchang District of Tonghua City for solution. If one party breaks the Contract, it shall be solved according to the compensation of the Contract.
9.  
The Contract shall come into force after agreed and signed by both parties. The Contract has two copies, with Party A and Party B holding one respectively, covering equal legal force.


Signature of Party A: Hou Xiuying

Signature of Party B: Tonghua Tongdetang Pharmaceutical & Medicinal Material Co., Ltd. (Seal)



November 28, 2010