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Document Preview Agreement for Rent |
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Title: |
Agreement for Rent |
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Entities: |
LiquidMetal Korea; LiquidMetal Technologies |
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Date: |
2003 |
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Size: |
3KB total |
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Price: |
$34 |
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ID: |
#119220 |
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Start of Preview |
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AGREEMENT FOR RENT
Tenee : Dong Myung Seo
Tenant : Liquidmetal Korea Ltd.
President Sung Taek Hong
This Lease Agreement for Rent ("Agreement") is made and entered into by and
between Mr. Dong Myung Seo ("Lessor") and Liquidmetal Korea, Ltd. a company duly
organized and existing under the laws of Republic of Korea ("Lessee").
NOW, THEREFORE the parties hereby agree as follows;
ARTICLE 1 (PURPOSE)
The purpose of this Agreement is for Lessee to rent the Factory and Land from
Lessor for its operation.
Location : 1Block 2Lot, JuMul Industrial Complex,KyungSeo-Dong, Incheon-Si,
Kyunggi-Do, Korea
Space : 2,083.87 Square meter (22,430.78 Square foot, 631.47Pyung)
Lease for only 630Pyung after negotiation
ARTICLE 2 ( KEY MONEY DEPOSIT )
Lessee shall make payment Key money deposit of 120,000,000won upon the
agreement.
ARTICLE 3 (RENT)
Lessee shall make payment at the end of every month for 12,000,000won.
ARTICLE 4 (PERIOD OF RENT)
Lease term shall be commenced March 1st 2003 to the End of Feb 2005 and
also if there is any no conflict between both parties regarding lease term, then
lease shall extend 1 year automatically.
If Lessee does not want to extend to rent for Land and Building, Lessee
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