Supplement Agreement to Lease Agreement between Yubo Global Biotechnology (Chengdu) Co. Ltd., our wholly-owned subsidiary, and Chengdu Liangkang Investment Co (English Translation)

EX-10.17 3 yubo_ex1017.htm SUPPLEMENT AGREEMENT yubo_ex1017.htm

EXHIBIT 10.17

CERTAIN PERSONALLY IDENTIFIABLE INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED

SUPPLEMENTAL AGREEMENT TO LEASE

(Agreement No.: LKTZ-SYEQA-BCXY-2021-001)

Lessor (hereinafter referred to as Party A): Chengdu Liankang Investment Co., Ltd.

Mailing Address: No. 38, North Section, Eighth First Road, Yongning Town, Wenjiang District, Chengdu

Business License Registration Number: 91510115069780631J

Legal Representative: Jiang Li

Mailing Address: [*****************]

Postal Code: 611135 Telephone: [****************]

Lessee (hereinafter referred to as Party B): Platinum Universal Biotechnology (Chengdu) Co., Ltd.

Mailing Address: [**********************]

Business License Registration Number: 91510115MAACECHK73

Legal Representative: Wang Jun Telephone: [***************]

WHEREAS:

1、 Party A and Party B have signed the Premises Lease Contract with Contract No.: LKTZ-SYEQA-BGZL-2020-006 (hereinafter referred to as the "Original Contract").

2、 Party B intends to change the lease scope on the basis of the Original Contract.

NOW THEREFORE, Party A and Party B hereby agree to the Supplemental provisions as follows:

I. The source and area of the leased premises as mentioned in Article 1 "Basic Information of the Premises" of the Original Contract are adjusted as follows:

1、 The premises leased by Party A to Party B shall be changed to No.101, Unit 1, Building 9, Area A, Phase II of Medical Innovation Center III (registered address at the Police Station: attached No. 101, Building 9), No.102, Unit 2, Building 9 (registered address at the Police Station: attached No. 118, Building 9), No. 201 and 301, Unit 1, Building 9, No.302, Unit 2, Building 9 (registered address at the Police Station: No.302, Unit 1, Building 9), No.401, Unit 1, Building 11, No.402, Unit 2, Building 11 (registered address at the Police Station: No. 402, Unit 1, Building 11) (hereinafter referred to as the "Leased Premises" or the “Premises”). The specific address on the property ownership certificate is as follows: No. 333, Second Section of Furong Avenue, Yongning Town, Wenjiang District, Chengdu, and the final number of the Premises shall be subject to the municipal government number determined by relevant governmental agency after the delivery of the Premises.

2、 The actual construction area of the leased premises is 6959.92 square meters. The floor plan is attached hereto as Appendix.

II、 Article 4 "Lease Term" of the Original Contract is adjusted as follows:

1、 The lease term of the leased premises is adjusted to 5 lease years (12 months as one year). The specific lease term shall be as follows:

(1) No. 101, Unit 1, Building 9 (registered address at the Police Station: Attached No. 101, Building 9), No. 102, Unit 2, Building 9 (registered address at the Police Station: Attached No. 118, Building 9), No. 201 and 301, Unit 1, Building 9 and No. 302, Unit 2, Building 9 (registered address atthe Police Station: No. 302, Unit 1, Building 9). The lease term of the premises shall commence on March 1, 2021 and end on February 28, 2026.

(2) No. 401, Unit 1, Building 11 and No. 402, Unit 2, Building 11 (registered address at the Police Station: No. 402, Unit 1, Building 11). The lease term of the premises shall commence on April 25, 2021 and end on April 24, 2026.

III、 Article 5 "Rent, Security Deposit and Payment Method" of the Original Contract is adjusted as follows:

1、 The lease standards and cost details of the leased premises are set forth as follows:

Lease Year	Rent Standard (Yuan/㎡/month)	Lease Year Fee (Yuan)	Lease Year Fee (Yuan)
Lease Year 1	43	3,591,319 (tax inclusive)	(exclusive of tax) 3,294,788
Lease Year 2	43	(inclusive of tax) 3,591,319	3,294,788 (exclusive of tax)
Lease Year 3	43	3,591,319 (inclusive of tax)	3,294,788 (exclusive of tax)
Lease Year 4	45.58	3,806,798 (inclusive of tax)	(exclusive of tax) 3,492,475
Lease Year 5	45.58	(inclusive of tax) 3,806,798	(exclusive of tax) 3,492,475
Remark: The Rent shall include the Rent of Leased Premises, use fee of ancillary facilities and equipment and value added tax. However, the Rent shall not include the property management fee, energy cost arising from the operation of the facilities and equipment in the Leased Premises, other insurance costs except the property insurance of the building of the Premises itself, as well as other costs in relation to the use of the Leased Premises. Rent increases by 6% every two years.

2、 Payment mode of Rent is adjusted as follows:

The Rent shall be paid semi-annually. Party B shall pay the Rent for the Premises to Party A within fifteen working days before the beginning of each year of the Lease. The Rent for the first six months of lease shall be 1,795,659.5 yuan (in words: One Million Seven Hundred Ninety-five Thousand Six Hundred Fifty-nine Yuan Five Jiao). Party B has paid RMB 1,567,884 yuan (in words: One Million Five Hundred Sixty-seven Thousand Eight Hundred Eighty-four Yuan) in the early stage and the remaining amount of RMB 227,775.5 yuan (in words: Two Hundred Twenty-seven Thousand Seven Hundred and Seventy-five Yuan Five Jiao) shall be paid prior to March 10, 2021. If such date falls on a statutory holiday, then such date shall be brought forward accordingly.

The date of payment of the Rent shall be the date of actual receipt of Party A's bank account.

The information of Party A's designated account is as follows:

Bank Name: Business Department, Chengdu Branch, Sichuan Tianfu Bank

Account Name: Chengdu Liankang Investment Co., Ltd.

Account Number: 2000063950000012

4、 Security deposit amount and payment adjustment shall be:

The Parties agree that at the time of execution of this Contract, Party B shall pay Party A RMB 598,553 (in words: five hundred and ninety-eight thousand five hundred and fifty-three yuan), Party B has paid RMB 522,628 (in words: five hundred and twenty-two thousand six hundred and twenty-eight yuan) in the early stage and shall also pay the remaining RMB 75,925 (in words: seventy-five thousand nine hundred and twenty-five yuan) as lease security deposit to ensure Party B's compliance with all the provisions it must comply with under this Contract. During the whole lease term, Party A shall keep the Security Deposit and Party A does not need to pay any interest of Security Deposit to Party B. Party B shall pay off such Security Deposit within five working days after the execution of this Contract and Party A shall issue a receipt to Party B after receiving such Security Deposit.

IV、 Unless otherwise provided by this Agreement, all other terms shall be subject to the original Contract.

V、 This Agreement and its appendices have 8 pages in together and are made in 8 counterparts. Each Party shall hold 4 counterparts. Each counterpart shall become effective upon the signature or seal of the Parties. Each counterpart shall have the same legal effect.

Party A (Seal):	Party B (Seal):

Legal Representative:	Legal Representative:

[Entrusted Agent] (Seal):	[Entrusted Agent] (Seal):

Date of Execution:	Date of Execution: _ _ _ _ _ _ _ _ _

EXHIBITS:

Floor Plan of Premises