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1、KingdomofCambodiaNation,Religion,KingLeaseAgreementThisLeaseAgreementisherebyenteredintobetweenPartyA(Landlord/Co-Owner)andPartyB(Tenant),whoshallcollectivelybeknownhereinastheParties.Landlord/Co-OwnerName:HereinafterreferredastoPartyAHeadTenantName:ChinaNationalAero-technologyinternationalE
2、ngineeringCorporationwhichrepresentedbyMr.XIEFUKANG,Sex:Male,PassportNo:G35833840HereinafterreferredastoPartyBWhereas:A.PartyAistheOfficerOwnerofBuildingNo.777,St.Kampucheakrom(128),SangkatToekLaok1,KhanToulkort,PhnomPenh,CambodiaandagreestoLeasetoPartyBtheBuildingfloor2th.B.TheTermoftheleas
3、eshallbe1yearandshallcommenceon2-June-16andterminateon1-June-17C.PartyAandPartyBagreetoleasethe2edfloorUnitwithintheBuildingforofficepurposesonly.ThisLeaseAgreementbetweenPartyAandPartyBCoverstheFollowingArticles:Article1:Definitions:InthisAgreement:“Term”meanstheperiodofthisAgreementwhichsh
4、allbefromthecommencementdatetotheterminationdateofthisLeaseAgreement(forgreatercertainty,thisperiodshallincludeboththecommencementdateandtheterminationdateassetoutherein).“Extension”meansanoptionofextensiontothisLeaseAgreementtomutuallyagreeabletermsandconditionsoutlinedinthisagreement.“Cont
5、ents”meansallfurniture,furnishingsandotheritemssetoutintheInventoryListattachedtothisLeaseAgreement.Article2:RentalFeeRentalaccommodationfeeUSD$1,600.PartyBagreestopay$1,6000(USDollars)permonthtopartyA(ExcludeWHT10%).TheoneyearRentalFeeisduepayatonceaftersignthecontract.IfPartyBmakeslatepaym
6、entoftheRentalFeebeyondseven(7)daysormoreafterreceivedinvoicefromPartyA,PartyBshallondemandmadebyPartyA,becomeaccountabletopayinterestonallarrearsattherateoftenpercent(10%)ofrentalfeepermonth,calculatedfromthedateonwhichanyoutstandingamountsbecamedueforpayment,untilthedateofactualpayment.Any
7、renewalofthisagreementwillbebaseduponopenandforthrightnegotiationsbetweenPartyAandPartyBthatshallbecalculatedthroughbenchmarkingopenmarketrentalrates.TheultimateauthoritytorenewthisleaseagreementandanyRentalFeeassociatedwithanysuchrenewalexistswith
