Agreement of Extension of Lease between HY Jack Property Holdings CC and SurePure Marketing South Africa (Pty) Ltd

Contract Categories: Real Estate › Lease Agreements
Summary

This agreement extends the lease between HY Jack Property Holdings CC (the landlord) and SurePure Marketing South Africa (Pty) Ltd (the tenant) for an additional four months, from December 1, 2012, to March 31, 2013. The tenant will continue to pay the same monthly rent of R 19,326.12 plus VAT, as specified in the original lease. All other terms and conditions of the original lease remain unchanged. Both parties have signed the extension on April 19, 2012.

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EX-10.15 16 v328623_ex10-15.htm EXHIBIT 10.15

 

AGREEMENT OF EXTENSION OF LEASE

 

 

BETWEEN

 

 

HY JACK PROPERTY HOLDINGS CC

 

 

( THE LESSOR)

 

 

AND

 

 

SUREPURE MARKETING SOUTH AFRICA (PTY) LTD

REG NO ; 2007/031989/07

VAT NO ; 4240213324

 

 

( THE LESSEE )

 

 

 
 

 

THE LESSE AND THE LESSOR AGREE AS FOLLOWS;

 

 

1.IT IS HEREBY AGREED THAT THE LESSEE HEREBY EXERCISES HIS RIGHT TO EXTEND THE LEASE PERIOD IN TERMS OF CLAUSE 9.1 OF THE ORIGINAL LEASE AGREEMENT ON THE SAME TERMS AND CONDITIONS FOR A PERIOD OF FOUR MONTHS COMMENCING ON 01 DECEMBER 2012 AND TERMINATING ON 31 MARCH 2013

 

2.THE BASIC RENTAL SHALL BE PAYABLE IN ADVANCE IN THE SUM OF R 19 326.12 (NINETEEN THOUSAND THREE HUNDRED AND TWENTY SIXTY RAND AND TWELVE CENTS) PER MONTH FOR THE PERIOD 01/12/2012 TO 31/03/2013

 

PERIOD   BASIC RENT   VAT   TOTAL  
               
01/12/2012-31/03/2013   R 19 326.12   R 2 705.66   R 22 031.78  

 

 
 

 

 

SIGNED AT _______________________ ON THIS 19 DAY OF April 2012

 

 

AS WITNESSES

 

 

1._____________________

 

 

2.____________________                               /s/ HY Jack Property Holdings

 

   LESSOR

 

 

SIGNED AT ____________________ ON THIS 19 DAY OF April 2012

 

 

AS WITNESSES

 

 

1.____________________

 

2.____________________                               /s/ Stephen Robinson

 

         LESSEE