Lease Agreement between Tamash S.S. and Lakeland Argentina, SRL for Buenos Aires Property

Contract Categories: Real Estate Lease Agreements
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