Contract of Lease Pharmacy 1

7/24/2019 Contract of Lease Pharmacy 1

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CONTRACT OF LEASE

KNOW ALL MEN BY THESE PRESENTS:

This CONTRACT OF LEASE, made and entered into by and between.

DJMA Commeria! Center, "n., a or#oration d$!y or%ani&ed and e'istin%$nder and by (irt$e o) the !aws o) the *hi!i##ines, with #rini#a! b$sinessaddress at +!o - Lot /0A, Abe! Nose St., +F Resort 1i!!a%e, Las *inasCity re#resented herein by Ma'imo M. Da!awam#$, *resident, hereina)terre)erred to as the LESSOR2

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The 4eneris *harmay, *ro#rietor, re#resented herein by S$san E. Tra5anowith residentia! address at -- A(entine 6i!!s St., +F Resort 1i!!a%e, Las *inas

City, hereina)ter re)erred to as the LESSEE2

W I T N E S S E T H: That 7

WHEREAS, the LESSOR is the tr$e, !aw)$! and re%istered owner o) theommeria! b$i!din% !oated at +!o - Lot /0A Abe! Nose St., +F Resort 1i!!a%e,Las *i8as City2

WHEREAS, the LESSEE desires to !ease a ommeria! s#ae in the saidb$i!din% with a %ross area o) abo$t 9 s;$are meters, sit$ated on %ro$nd )!oor o)the b$i!din%, and the LESSOR is wi!!in% to !et the same to the LESSEE2

NOW, THEREFORE, )or and in onsideration o) the )ore%oin% #remises andthe onditions and sti#$!ations hereina)ter set )orth, The LESSOR hereby !eases$nto the LESSEE that ertain #ortion desribed be!ow, $nder the )o!!owin% termsand onditions:

Leased*remises?@ onsist o) a %ross area o) abo$t 9 s;$are meters, in!$si(e o) a toi!et,sit$ated on the %ro$nd )!oor o) the b$i!din%. This !ease does not e'tend to thee'terior #ortion o) the Leased *remises, nor to the orridors, #assa%eways, #arin%s#aes aro$nd or ad5aent to the Leased *remises.

The LESSEE hereby e'#ress!y anow!ed%es that the !eased #remises are in%ood and tenantab!e ondition and a%rees to ee# the same in s$h %ood andtenantab!e ondition. Any #ro(ision o) !aw, #resent or )$t$re, or any sti#$!ation inthis a%reement to the ontrary notwithstandin%, the LESSEE hereby a%rees andbinds himse!) to $ndertae at his e'!$si(e e'#ense, a!! re#airs, neessary orotherwise, s$h as may be re;$ired to maintain the same in %ood state o) re#air."t is e'#ress!y a%reed and $nderstood, howe(er, that the LESSEE sha!! not start or#roeed with any re#air wor nor in any ase introd$e im#ro(ements or maeany a!terations in the !eased #remises witho$t the #rior written onsent anda##ro(a! o) the LESSOR2 and the #arties a%ree that a!! im#ro(ements or a!terationso) whate(er nat$re s$h as may be made thereon sha!!, $#on om#!etion thereo),)or inte%ra! #arts o) the !eased #remises and sha!! not be remo(ed there)rom, b$t

sha!! be!on% to and beome the e'!$si(e #ro#erty o) the LESSOR, witho$t anyri%ht on the #art o) the LESSEE to the reimb$rsement o) the ost or (a!$e thereo).


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The LESSEE )$rther binds himse!) to om#!y with the re;$irements o) theFire De#artment andor 4o(ernment E!etriian. Any (io!ation o) this #ro(isionsha!! mae LESSEE !iab!e )or dama%es, whih may res$!t diret!y or indiret!ythere)orm.

/. USE OF PREMISES7 The LESSEE e'#ress!y a%rees and warrants that the!eased #remises sha!! be e'!$si(e!y $sed )or a hardware and onstr$tion s$##!yb$siness and )or no other #$r#ose. Sho$!d the !eased #remises be $sed )or anyother #$r#ose than a%reed $#on, the LESSOR sha!! so!e!y ha(e the )o!!owin%hoies to e!et: =a@ to resind or terminate this Contrat =b@ to inrease the rent,or =@ to om#e! the LESSEE to sto# the $na$thori&ed ati(ity.

The LESSEE sha!! be so!e!y res#onsib!e )or se$rin% a!! the #ermits or!ienses )rom the %o(ernment andor other a$thorities, as we!! as )or the #aymento) a!! ta'es and )ees neessary )or its o#erations. The LESSEE $ndertaes to)$rnish the LESSOR o#ies o) the said #ermits and !ienses or any renewa! thereo)

within )i)teen =


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The renta!s sha!! not be interr$#ted b$t sha!! ontin$e to ar$e e(en d$rin%any sto##a%e o) the b$siness o#erations o) either #arty )or any reasonwhatsoe(er, in!$din% )!oods, ty#hoon, #ower )ai!$re, !abor dis#$tes, strie,#ietin%, demonstration, riot, i(i! ommotion or any dist$rbane whatsoe(er.

The LESEE sha!! #ay by way o) #ena!ty an amo$nt e;$i(a!ent to / o) themonth!y renta! )or eah month o) de!ay in the #ayment o) renta!s. S$h #ena!tiessha!! be $m$!ati(e and sha!! ontin$e to ar$e $nti! the )$!! amo$nt is )$!!y #aid.F$rthermore, and in addition to the )ore%oin%, in the e(ent the LESSEE in$rs anyde!ay in the #ayment o) renta!s )or a #eriod o) thirty =9@ a!endar days or more,the LESSOR sha!! be entit!ed to s$mmari!y $t o)) a!! e!etriity, te!e#hone, waterand other $ti!ity ser(ies to the Leased *remises.

"n the e(ent that this ontrat wi!! be renewed or e'tended and m$t$a!!ya%reed both by the Lessor and the Lessee the renta!s sha!! be s$b5et to ei%ht =@#erent inrease in e(ery s$eedin% year a)ter the )irst two years o) o$#any.

-. Deposit 7 #on e'e$tion o) this ontrat, the LESSEE sha!! mae a ashde#osit in the amo$nt o) FORTG THO T6OSAND *ESOS =*-/,.@ as%$arantee )or the )aith)$! om#!iane by the LESEE o) the terms and onditions o)this Contrat, and to answer, in #art or in )$!!, )or dama%e and other !iabi!ities orob!i%ations o) the LESSEE. Said de#osit sha!! earn no interest and sha!! be ret$rnedto the LESSEE at the termination o) this Contrat, a)ter the Leased *remises sha!!ha(e been om#!ete!y (aated and s$rrendered by the LESSEE to the LESSOR, !esswhate(er e'#enses are in$rred by the LESSOR in restorin% ba the Leased*remises in %ood and tenantab!e ondition #!$s whate(er o$tstandin% ob!i%ationsthe LESSEE may be ao$ntab!e )or. "t is )$rther a%reed that the de#osit does notin any way re!ie(e the LESSEE )rom #ayin% the month!y renta!s on their d$e dates,and the LESSEEs !iabi!ity )or any breah o) this Contrat sha!! in no way be !imitedto the amo$nt o) the de#osit.

"n the e(ent o) the LESSEEs )ai!$re to om#!y with any o) the terms andonditions o) this Contrat, the LESSOR may, at its o#tion, a##ro#riate and a##!ythe said de#osit or a #art thereo) as may be neessary to om#ensate the LESSOR)or whate(er e'#ense !oss or dama%e it may s$stain on ao$nt o) s$h breah bythe LESSEE. The %i(in% o) a de#osit to %$arantee the #ayment o) renta!s )a!!in%d$e does not e'tin%$ish or no(ate the ob!i%ation to satis)y the same or im#air theri%ht o) the LESSOR to terminate this Contrat. Sho$!d the entire de#osit or any

#art thereo) be a##ro#riated or a##!ied by the LESSOR, whether )or the #aymento) renta! or other s$ms d$e and #ayab!e to the LESSOR by the LESEE here$nder,then the LESSEE sha!!, $#on written demand by the LESSOR, immediate!y remit tothe LESSOR s$h amo$nt or amo$nts as wi!! be s$))iient to restore the saidde#osit to the s$m re;$ired to be de#osited here$nder, and the LESSEEs )ai!$re todo so within )i)teen =


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o) any 5$diia! ation )or e5etment or resission2 #ro(ided, howe(er, that theontin$ed #ossession by the LESSEE o) the Leased *remises )or )i)teen =


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LESSOR. "t is hereby a%reed and $nderstood that the em#!oyees o) the LESSEE arenot in any way em#!oyees o) the LESSOR. 6owe(er, in ase any one o) theem#!oyees o) the LESSEE are )o$nd by the LESSOR to be $n)it andor $ndesirab!e,the LESSEE e'#ress!y a%rees to re#!ae said em#!oyee within )i(e =B@ a!endardays )rom written noti)iation by the LESSOR.


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the LESSOR or any o) its ri%hts $nder this Contrat sha!! be deemed to ha(e beenmade $n!ess e'#ressed in writin% and si%ned by the LESSOR. This Contrat maynot herea)ter be modi)ied or a!tered e'e#t by instr$ments in writin% d$!y si%nedby the #arties hereo).

"n ase any #ro(ision o) this Contrat is de!ared n$!! and (oid by the o$rto) om#etent 5$risdition, the other #ro(isions hereo) not so de!ared sha!! remainin )$!! )ore and e))et.

IN WITNESS WHEREOF, the #arties ha(e set their hands this day o) A$%$st, /


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This instr$ment #ertains to a Contrat o) Lease )or the a)orementionedLeased *remises on 4o$nd F!oor o) DJMA Commeria! Center !oated at +!o -Lot /0A Abe! Nose St, +.F.Resort 1i!!a%e, Las *inas City.

WITNESS MY HAND AND SEALon the date and at the #!ae )irst abo(e

written.

NOTARG *+L"C

Do. No. 2*a%e No.2+oo No.2Series o) /

Documents

Contract of Lease Pharmacy 1