Commercial Sub-Lease Agreement between Majestic Production of Peninsular LLC and Royal Bakery Holdings, Inc.
This agreement, effective October 1, 2014, is a month-to-month commercial sub-lease between Majestic Production of Peninsular LLC (Tenant) and Royal Bakery Holdings, Inc. (Sub-Tenant). The Sub-Tenant will occupy approximately 500 square feet at Unit 407A, Old County Road, Belmont, CA, for $500 per month, including utilities and common area fees. Rent is due by the 5th business day each month. The agreement allows the Sub-Tenant to move from a previous unit to the new space under the same building.
Exhibit 10.2
Commercial
Sub-Lease Agreement
This Commercial Sub-Lease Agreement is made as of this 1st day of October, 2014 (“effective date”) by and between Royal Bakery Holdings, Inc. (the “Sub-Tenant”) and Majestic Production of Peninsular LLC (the “Tenant). Tenant has previously entered into a lease agreement with Robert Kent, (the “Landlord”) dated on March 2012 (the “Prime Lease”). The Sub-Tenant desires to reduce the leased space that Sub-Tenant has been sub-leased at the Unit 405A and will be moved to the space at Unit 407A. Both parties agree as follows:
The Premises:
The sub-leased space is approximately 500 square feet which is the space at the Unit 407A Old County Road, Belmont, CA 94002.
RENT:
$500 per month. Rent will be due on the 5th business day of each month.
UTILITY:
The rent will be included utility charges, water, garbage, gas, Management Fee and Common Area Maintenance Fee.
TERM:
Effective Date: October 1st 2014.
It is a month to month lease.
Signed and Agreed by:
Tenant:
Majestic Production of Peninsular LLC
| George Ma | |
| Managing Partner of Majestic Production of Peninsular LLC |
| Sub-Tenant: | |
| Royal Bakery Holdings, Inc. | |
| Nikki Ma, Secretary |
