Lease Agreement between Tamash S.S. and Lakeland Argentina, SRL for Buenos Aires Property
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Summary
This agreement is a three-year lease between Tamash S.S. (landlord) and Lakeland Argentina, SRL (tenant) for a property located at Cuba 4870, San Martin, Buenos Aires, Argentina. The leased space is 1,600 square meters (17,222 square feet). The contract specifies rent payments in both Argentine pesos and U.S. dollars, with scheduled increases over the term. The lease covers the period from December 1, 2015, to November 30, 2018, and outlines the payment amounts and timeframes for each period.
EX-10.50 9 v437018_ex10-50.htm EXHIBIT 10.50
Exhibit 10.50
Lakeland Argentina, SRL – English Summary
Landlord : Tamash S.S.
Address: Lakeland Argentina, SRL Cuba 4870, San Martin, Provincia de Buenos Aires Argentina
Footage: 1600 sq Meters – 17,222 sq Feet
Rent:
12/1/2015 to 05/31/16 | PESO$130K | US$ 9,219 | ||
06/01/16 to 11/39/16 | Pesos$152K | US$ 10,780 | ||
12/01/16 to 05/31/16 | USD $178K | US$ 12,624 | ||
06/01/17 to 11/30/17 | USD $208K | US$ 14,751 | ||
12/01/17 to 03/31/18 | USD $243K | US$ 17,234 | ||
06/01/18 to 11/30/18 | USD $285K | US$ 20,212 |
3 year contract