House Lease Agreement between Zibo Drug Purchasing & Supply Station and Zibo Hongmao Pharmaceutical Sales Co., Ltd.

Contract Categories: Real Estate Lease Agreements
Summary

This agreement is between Zibo Drug Purchasing & Supply Station (lessor) and Zibo Hongmao Pharmaceutical Sales Co., Ltd. (lessee) for the lease of three rooms in an office building for 12 months, starting January 1, 2011. The annual rent is RMB 7,800, payable every half year. The lessee must not damage the property, sublease, or use it for other purposes, and is responsible for water and electricity charges. Either party can end or extend the lease with one month's notice. Both parties agree to cooperate on any issues not covered in the contract.

EX-10.6 7 v231159_ex10-6.htm EXHIBIT 10.6
House Lease Agreement
  
Lessor (Party A): Zibo Drug Purchasing & Supply Station of Shandong Province
Lessee (Party B): Zibo Hongmao Pharmaceutical Sales Co., Ltd.

Based on the principles of mutual benefit, friendly cooperation and co-development, Party A and Party B have entered the following Agreement on leasing office building:
I.
Party A rents three rooms in the first floor of east building of the storage building to Party B for using and the lease term is 12 months.
II.
The annual rent and payment method: The annual rent is RMB 7,800, which shall be settled one time every half year. If Party B delays to pay the rent, Party A has the right to terminate the contract.
III.
Party B shall guarantee that the leased house cannot be damaged and the expenses of normal maintenance shall be assumed by Party A (excluding the damage caused by human).
IV.
Party B only has the use right to the leased house and shall not sublease or use for other purpose. Party B shall not store dangerous and toxic or deleterious substances in the room. Party B shall assist in Party A maintaining the security of the office building.
V.
Party B shall abide by the management of Party A’s doorkeeper and Party A shall not interfere with Party B’s normal work.
VI.
The period of validity is 12 months (from January 1, 2011 to December 31, 2011). If Party B needs to extend or terminate the Agreement, it shall notify Party A one month in advance.
VII.
The water and electricity charges shall be paid by Party B according to the actual consumption and it shall be settled one time every quarter.
VIII.
Matters unmentioned here shall be solved by both parties through negotiation.
IX.
The Agreement has two copies, with both parties holding one respectively, and it shall take effect after being signed.

Party A: Zibo Drug Purchasing & Supply Station of Shandong Province
 
Party B: Zibo Hongmao Pharmaceutical Sales Co., Ltd.
Signature of principal: Wang Xintong
 
Signature of principal: Chen Hongsheng
January 1, 2011