Business Center Lease Agreement

BUSINESS CENTER LEASE AGREEMENT

This Business Center Lease Agreement (the "Agreement") is made and entered into as of by and between Lessor Name: whose principal business address is , and Lessee Name: whose address for notices is .

RECITALS

WHEREAS, Lessor owns and operates a business center located at (the "Business Center"); and

WHEREAS, Lessor is willing to lease to Lessee and Lessee desires to lease from Lessor certain furnished office space and related services located within the Business Center subject to the terms and conditions set forth herein.

WHEREAS, the parties intend that Lessee's occupancy be limited to the Premises described below and that Lessor will provide certain shared services and facilities as expressly set forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the parties agree as follows:

1. PREMISES

Lessor hereby leases to Lessee, and Lessee accepts from Lessor, the furnished suite identified as Suite consisting of approximately square feet located at the Business Center address set forth above (the "Premises"). Lessor retains exclusive control of common areas and building systems.

2. TERM

The initial term of this Agreement shall commence on and shall continue until unless earlier terminated in accordance with this Agreement. If the parties agree to an extension, such extension shall be documented in a written amendment signed by both parties.

3. RENT AND FEES

Lessee shall pay to Lessor base rent in the amount of $ per month, payable in advance on or before the day of each month. Late payments shall incur interest at a rate of plus any costs of collection, including reasonable attorneys' fees.

In addition to base rent, Lessee shall pay a security deposit of $ to be held by Lessor as security for Lessee's performance of its obligations hereunder. The security deposit shall be returned within a reasonable period following expiration or termination of the Term, less amounts properly retained for repairs, unpaid rent, or other damages.

4. SERVICES, UTILITIES AND COMMON AREAS

Lessor shall provide the following services and facilities as part of the Business Center: reception services, shared conference rooms, cleaning of common areas, and access to building Wi‑Fi, subject to reasonable rules adopted by Lessor. Any additional services requested by Lessee may be provided for an additional charge agreed in writing.

5. USE AND COMPLIANCE

Lessee shall use the Premises only for lawful office, administrative, and professional business purposes and shall comply with all applicable laws, rules, ordinances, and building regulations. Lessee shall not conduct any activity that creates a nuisance, hazard, or increases insurance premiums for Lessor.

6. MAINTENANCE, REPAIRS AND ALTERATIONS

Lessor shall maintain the structural components and building systems. Lessee shall keep the Premises in good order and condition and shall promptly notify Lessor of any damage or needed repairs. Lessee shall not make structural or cosmetic alterations to the Premises without Lessor's prior written consent, which shall not be unreasonably withheld. Any approved alterations shall be performed in a good and workmanlike manner and may become Lessor's property at the end of the Term unless agreed otherwise.

7. INSURANCE

Lessee shall maintain at its expense comprehensive general liability insurance with limits not less than per occurrence and property insurance for Lessee's personal property. Lessee shall provide certificates of insurance evidencing coverage and naming Lessor as an additional insured where required by Lessor.

8. INDEMNIFICATION

Lessee shall indemnify, defend and hold harmless Lessor, its affiliates and their respective officers, directors and agents from and against any and all claims, liabilities, losses, damages, costs and expenses (including reasonable attorneys' fees) arising out of Lessee's use of the Premises, breach of this Agreement, or negligence, except to the extent caused by Lessor's gross negligence or willful misconduct.

9. ASSIGNMENT AND SUBLETTING

Lessee shall not assign, transfer or encumber this Agreement or sublet all or any portion of the Premises without Lessor's prior written consent, which may be withheld in Lessor's reasonable discretion. Any permitted assignment or sublease shall not relieve Lessee of its obligations under this Agreement unless Lessor expressly releases Lessee in writing.

10. DEFAULT AND REMEDIES

The occurrence of any one or more of the following shall constitute an event of default by Lessee: (a) failure to pay rent or other sums when due and continuing for five (5) business days after written notice; (b) breach of any other covenant, representation or warranty and failure to cure within ten (10) business days after written notice; or (c) Lessee's insolvency, assignment for the benefit of creditors, or appointment of a receiver. Upon default, Lessor shall have all remedies available at law or in equity, including termination of this Agreement, recovery of unpaid rent, and recovery of damages.

11. SURRENDER; HOLDING OVER

Upon expiration or termination of this Agreement, Lessee shall surrender the Premises in broom-clean condition, reasonable wear and tear excepted. If Lessee remains in possession after the expiration of the Term without Lessor's consent, Lessee shall be a holdover tenant payable at a rate equal to and shall otherwise be subject to all other provisions herein.

12. ACCESS AND INSPECTION

Lessor and its agents shall have the right to enter the Premises at reasonable times upon prior notice to Lessee, except in emergencies when no notice is required, to inspect, make repairs, show the Premises to prospective tenants or purchasers, or for other reasonable purposes.

13. NOTICES

All notices shall be in writing and shall be deemed given when delivered personally, sent by nationally recognized overnight courier, or three (3) days after deposit in the U.S. mail, postage prepaid, to the addresses set forth below or such other address as either party may specify in writing in accordance with this Section.

14. AMENDMENTS; WAIVER; COUNTERPARTS

No amendment or modification of this Agreement shall be effective unless in writing and signed by both parties. The failure of either party to enforce any provision shall not constitute a waiver of that provision or any other provision. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument.

15. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to its conflict of laws principles.

16. ENTIRE AGREEMENT

This Agreement, including any attachments, exhibits and written service addenda signed by the parties, constitutes the entire agreement between the parties concerning the Premises and supersedes all prior negotiations, understandings and agreements, whether written or oral.

17. SEVERABILITY

If any provision of this Agreement is held to be invalid, illegal or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect and shall be construed so as to best effectuate the parties' intent.

18. ADDITIONAL PROVISIONS

EXECUTION

The parties have executed this Agreement as of the dates set forth below. Each person signing below warrants that they are authorized to execute this Agreement on behalf of the party for whom they sign.

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