Contract Lease Agreement

The Commercial Lease Agreement is made and effective on October 1, 2019 by and between the
(Lessor) TERESITA CUENCA and the ( Tenant) SU SHAO XIONG. Tenant hereby offers to lease
from Lessor the real property located in 320 Laurel Highway, Poblacion St, Malvar Batangas , upon
the following terms and conditions.

The LESSOR agrees to rent to the TENANT and the TENANT agrees to rent from the LESSOR the
real property .

TERMS AND CONDITIONS

1. TERM AND RENT : Lessor leases to Lessee the above Real Property for a term of twelve (12)
months commencing on this date October 1, 2019 to September 30, 2020 with an option to
renew the lease for additional months as long as the desired date of agreement for the term of
contract will not expire.

2. The leased properties shall consist of 254 total rent-able sq m with parking lot behind the
building, including the lower floor plan area for office used and the upper (2nd floor) floor plan
area for other purposes. The whole house area and the open lot parking area are agreed upon to
be rented by the lessee.

3. BASE RENT: The NET Rental Monthly Payment will be Twenty Thousand pesos (Php
20,000.00) per month with Security deposit of Twenty Thousand pesos (Php 20,000.00) and
Advance Deposit of Twenty Thousand pesos (20,000.00 Php) commencing five days before the
first month lease start.

4. DEFAULT PAYMENT : In case of default payment by the LESSEE in the payment of the rent ,
such as when the checks are dishonored , the LESSOR at its options have the right to terminate
the contract and eject the LESSEE . The LESSOR has the right to close the premises when the
LESSEE is in default of the payment and may forfeit whatever advance and security deposit has
been given.

5. PUBLIC UTILITIES: The LESSEE shall pay for its telephone, electric, cable, water, internet
dues and other public services and utilities during the duration of the lease.

6. GROUNDS FOR CANCELLATIONS: When the LESSEE uses the lease properties for
purposes other than for business only. When the LESSEE violates any of the other terms and
conditions of this Lease Agreement without or fails to get the necessary permit from the local
government to run their business in the Lease properties.

7. MISCELLANEOUS: LESSORS RIGHT OF ENTRY – The Lessor or its authorized person

shall after giving due notice to the LESSEE shall have the right to enter the premises in the
presence of the LESSEE at any reasonable hour to examine the same or make repairs therein for
 the operation and maintenance of the building or to exhibit the leased premises to prospective
LESSEE or for any other lawful purposes which it may deem necessary.

8. GENERAL MAINTENANCE, SANITATION, REPAIRS AND SAFETY: The cost of general

maintenance and upkeep of the Leased Properties shall be for the account of the LESSEE. The
LESSEE shall keep the Leased Properties in a clean, safe and sanitary condition and introduce
all the necessary repairs at all times. The Lessee shall dispose all its garbage disposal, waste and
other pollutants in accordance with the rules. All major repairs resulting from damages not
attributable to the LESSEE negligence shall be accountable by the LESSOR.

9. In case of damages to the properties by fire , earthquake, thunderstorm and any unforeseen
cases, the LESSEE shall give notice to the LESSOR reasonable time to report the damages.

In the event that the LESSEE through its own fault or negligence or that its employees caused
damages in the Leased Property, LESSEE shall be liable and accountable for such act.

The LESSEE shall at its own expense maintain the Leased Properties clean, sanitary conditions
and free from any disturbing noises or nuisances.

10. FIRE HAZARD AND ABNOXIOUS SUBSTANCES: The LESSOR shall not introduce , keep
deposit or store in the Leased Property any inflammable material or substances not connected in
the business.

11. INDEMNITY: The LESSEE shall hold the LESSOR free or harmless from any loss, damages,
or injury suffered by the LESSEE, employees or customer arising out of the used of the Lease
Property including but or limited to claims for property damage, personal injury or wrongful
death or losses or damages occasioned by reason of any event or cause which could not be
foreseen or which those foreseen inevitable such as fire, earthquake, typhoon , theft or other
crimes. The LESSOR shall not be liable or accountable.

12. RETURN OF PREMISES: Upon termination of this Lease Agreement , the LESSEE shall
peacefully and immediately vacate the property and return possession thereof to the LESSOR
the Lease Property in good condition, otherwise shall be liable to pay for any damages to the
LESSOR the extent of what thereof has caused for.
 IN WITNESS WHEREOF , parties herein affixed their signatures on the date and place above
written.

( NAME OF LESSOR ) ( NAME OF LESSEE )

TERESITA L. CUENCA SU SHAO XIONG

Signed in the presence of :

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