Occupancy and Administrative Services Agreement between Twin Lakes Delaware, Inc. and Kirk M. Warshaw, LLC

Summary

Twin Lakes Delaware, Inc. and Kirk M. Warshaw, LLC have agreed that Twin Lakes will pay a quarterly fee of $500 to the LLC for the use of office space at 47 School Avenue, Chatham, New Jersey, and for certain administrative services. This arrangement will continue until either party ends the agreement with written notice. The agreement is effective as of January 1, 2009.

EX-10.1 2 c56722_ex10-1.htm

Exhibit 10.1

OCCUPANCY AGREEMENT

          This AGREEMENT (the “Agreement”), effective as of January 1, 2009 (the “Effective Date”), between Twin Lakes Delaware, Inc. (the “Corporation”), a corporation organized under the laws of the State of Delaware and Kirk M. Warshaw, LLC (the “LLC”), a limited liability company organized under the laws of the State of New Jersey.

          WHEREAS, the Corporation’s principal offices are located at 47 School Avenue, Chatham, New Jersey and such premises are owned by the LLC (the “Principal Offices”); and

          WHEREAS, the Corporation and the LLC wishes to enter into an agreement for use and occupancy of the Principal Offices and certain administrative services;

          NOW, THEREFORE, for good and valuable consideration, it is agreed that:

          Effective as of the Effective Date, the Corporation hereby agrees that it shall pay to the LLC a quarterly occupancy and administrative services fee in the amount of U.S. five hundred dollars ($500) on each of January 1, April 1, July 1 and October 1 until such time as this Agreement is terminated by written notice of either party.

          IN WITNESS WHEREOF, the parties have duly executed and delivered this Agreement effective as of the Effective Date on January 29, 2009.

 

 

 

 

TWIN LAKES DELAWARE, INC.,

 

a Delaware corporation

 

 

 

 

By: 

  /s/ Arnold P. Kling

 

 


 

 

Name: Arnold P. Kling

 

 

Title:   President

 

 

 

 

Kirk M. Warshaw, LLC.,

 

a New Jersey limited liability company

 

 

 

 

By:

  /s/ Kirk Warshaw

 

 


 

 

Name: Kirk Warshaw

 

 

Title: Managing Member