ex1021.htm


    Exhibit
10.21

     

    RENTAL
OF NON-RESIDENTIAL PROPERTY CONTRACT No. 1704/1

    


    


    
      	
              1.  

            	
              Union
      of Czech and Moravian Consumer
Co-operatives

            


    

    


    Registered
Office: U Rajske zahrady 3/1912, Prague 3

    Registered
No: 00032743

    Entered
in the register of associations of legal entities of the City of Prague
Municipal Authority under the registration no. 9/92

    Represented
by chairman Ing. Zdenek Juracek and vice-chairman Ing. Vaclav Posik

    As the
landlord on the first side( further only “the landlord”)

    


    And

    


    
      	
              2.  

            	
              Utilipoint
      s.r.o.

            


    

    


    Registered
Office: Frantiskanska 502/6 Brno , 602 00

    Registered
No. 283 05 728

    Registered
Tax No. CZ 283305728

    Entered
in the business register of the Brno Regional Court section C, entry
60039

    Represented
by Director (Gary Michael Vasey)

    As the
tenant on the second side (further only “the tenant”)

    


    


    According
to the current version of law no.116/1990 concerning the rental of
non-residential property conclude the following on the day, month and year
below

    


    


    this
contract:

    


    I.

    


    Subject
of the Contract

    


    
      	
              1.  

            	
              The
      landlord declares that he is the owner of the following
      property:

            


    

    


    -
building number 502, 6 Frantiskanska Street, building plot no. 224,
Brno

    registered
in the Ownership Document No.263 for Brno-City  district in the Land
Registry, Brno.

    


    2.  The
landlord further declares that the above mentioned property has no lien rights,
easement or other similar limitations or rights of third parties which would
prevent the conclusion of this contract, likewise the performance of the rights
of the tenant which are covered by this contract.

    


    3. By
this contract the landlord permits the rental by the tenant of non-residential
property totaling 19.80m2 ,
located in the building mentioned in para.1. of this section, and located
specifically on the 3rd floor of that building (further only “subject of the
rental”).

    4. The
tenant declares that on the day this contract is concluded he is familiar with
the state of the subject of the rental and in that state under the conditions
outlined below he accepts the rental.

    


     
 

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     
 

    II.

    


    Purpose
of Rental

    


    1. The
landlord rents to the tenant the subject of the rental exclusively for carrying
out:

                                -
administrative activities

    


    2. The
landlord declares that  the purpose of rental shown in para.1.of this
section, is in accordance with the designated use of the building which is the
subject of the rental.

    The
tenant declares that the subject of his activities is not in conflict with this
rental contract, specifically that the purpose of rental and the subject of his
activities in the rented premises, stated in the subject of the rental will
be:

               -
production, business and services not shown in appendices 1 to 3 of business
licensing law

    


    


    III.

    


    Rental
Payment Amount and Payment Conditions

    


    
      	
              1.  

            	
              The
      rental payment and the regular charge for services provided by the
      landlord in connection with the subject of the rental amount to 3, 742 CZK
      per month inc. VAT ( in words three thousand seven hundred and forty two
      crowns ). A detailed breakdown of the rental payment and regular service
      charges is shown in attachment no. 1 which is an inseparable part of this
      contract.

            


    

     

    
      	
              2.  

            	
              The
      tenant agrees that the landlord has the unilateral right to increase the
      rental payment on a yearly basis in line with the rate of inflation
      (expressed as a percentage) as announced by the Czech Statistical
      Institute ( i.e. the coefficient corresponds to the rate of increase in
      retail prices), the increase will be calculated from the previous increase
      in rent and the landlord is entitled to implement the increase up to 2
      calendar months in arrears from the month in which the new inflation rate
      was announced by the Czech Statistical
  Institute.

            


    

     

    
      	
              3.  

            	
              The
      price of services used by the tenant will be adjusted according to the
      prices provided by their suppliers and within 30 days after notification
      of price changes to the landlord. The tenant will be informed of these
      changes without delay and in written
form.

            


    

     

    
      	
              4.  

            	
              The
      rent will be paid monthly  on  the basis of an invoice
      , the invoice will be issued by the landlord on the first day of the month
      preceding the month for which the rent will be paid. The tenant undertakes
      to pay the rent by at the latest the 20th
      day of the preceding month, on that basis the rent will be
      paid  by bank transfer to the landlord’s account no.
      639-111/0100, KB (Komercni Banka) Prague. The date of invoice for tax
      purposes shall be considered the same as the date of
  issue.

            


    

     

    
      	
              5.  

            	
              If
      the tenant doesn’t pay the amount for rent and services within the agreed
      time and is more than 15 days late in making payment, the landlord is
      entitled to terminate this contract with a period of notice of one month,
      this period being calculated from the date of delivery of notice to the
      tenant.

            


    

     

    
      	
              6.  

            	
              In
      the event of late payment for rent and services the contracted parties
      agree a contractual penalty  amounting to 0.1% of the amount
      owed for every day of until payment is made. The contractual penalty shall
      be paid by the tenant to the landlord’s account  on the basis of
      a penalty invoice issued by the landlord with payment due within thirty
      days from the date of issue

            


    

    


    IV.

    


    Period
of Tenancy and Hand Over and Take Over of the Subject of the Rental

    


    
      	
              1.  

            	
              This
      rental contract relates to a rental for an unspecified period with effect
      from 01.01. 2009.

            


    

     

    
      	
              2.  

            	
              The
      landlord is obliged to hand over the subject of the rental in a state
      suitable for use as contracted no later than
  01.01.2009.

            


    

     

    
      	
              3.  

            	
              The
      tenant is obliged to accept the subject of the rental at that
      time.

            


    

     

    
      	
              4.  

            	
               At
      least two identical copies of “ protocol for the hand over and take over
      of the subject of the rental” will be prepared in connection with the hand
      over and take over of the subject of the rental. They will be signed by
      the landlord and tenant and each  party to the
      contract  will retain a copy of the
  protocol.

            


    

     

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
 

    


    V.

    The
Rights and Obligations of the Contracted Parties

    


    
      	
              1.  

            	
              The
      tenant is obliged to use the subject of the rental in accordance with the
      purpose of the building agreed in this contract. In the event of
      structural alterations to the subject of the rental the special conditions
      are agreed  in section VI. of this contract ( Special
      agreement).

            


    

     

    
      	
              2.  

            	
              Changes
      to the subject of the rental including changes to the interior furnishings
      which belong to the landlord  may only be carried out with the
      prior written consent of the landlord. The consent of the landlord is also
      required prior to the installation of any advertising or informational
      equipment by the tenant.

            


    

     

    
      	
              3.  

            	
              The
      tenant may only sublet the subject of the rental or part thereof to a
      third party on the basis of the prior written permission of the landlord.
      An attachment to a request for the agreement of the landlord is a proposal
      for a rental agreement.

            


    

     

    
      	
              4.  

            	
              The
      tenant is required to refrain from any activity which would disturb,
      restrict or put in danger the ownership rights of the landlord and the
      user rights of other tenants. The tenant is obliged to respect the rules
      of the building which form appendix no.2 and is an inseparable part of
      this contract, follow safety and fire precautions in order that the owner
      of the building does not incur damage. Non compliance with these
      regulations is considered as a fundamental breach of this contract and
      will result in termination of the contract on the part of the landlord
      with a notice period of one month, calculated from the date of delivery of
      notice.

            


    

     

    
      	
              5.  

            	
              The
      tenant is required to look after the subject of the rental in terms of
      general housekeeping and undertakes to report to the landlord without
      unnecessary delay  by telephone, fax or in writing any repairs
      required.

            


    

     

    
      	
              6.  

            	
              The
      tenant undertakes to provide at his own expense secure locks for the
      subject of the rental. Furthermore in the event of keys to the subject of
      the rental being lost the tenant is obliged to ensure entry to the subject
      of the rental at his own expense. After every change of key or
      lock  to the subject of the rental the tenant is obliged to
      provide the landlord without unnecessary delay one set of keys to the
      subject of the rental. The landlord will deposit this set of keys in a box
      or envelope which will be sealed in the presence of the tenant. These keys
      will only be used by the landlord in exceptional circumstances ( burst
      pipes, fires etc.). In such circumstances the landlord is obliged to
      inform the tenant without delay and reseal the keys in his
      presence.

            


    

     

    
      	
              7.  

            	
              The
      tenant is aware and agrees that the landlord is obliged to inform the
      tenant of any visit to the subject of the rental at least 24 hours in
      advance and with the presence of the tenant or his appointed
      representative, with the exception of emergency situations in which case
      prior notice is not required in order to prevent damage to the subject of
      the rental as the property of the
landlord.

            


    

    


    
      	
              8.  

            	
              The
      landlord is obliged to ensure for the tenant, at the prices agreed in
      appendix no. 1. of this contract services connected with the tenancy
      (electricity, water and sewerage, heating and water heating, cleaning of
      communal areas). The tenant shall ensure cleaning of the subject of the
      rental and waste disposal at his own
expense.

            


    

    


    
      	
              9.  

            	
              The
      landlord is obliged to maintain at his own expense the subject of the
      rental in a state in accordance with the agreed (usual) usage, except for
      minor repairs and general maintenance which the tenant should take care of
      himself at his own expense. What is considered as minor repairs and
      general maintenance is agreed in appendix no.3 which is an inseparable
      part of this contract.

            


    

    


    
      	
              10.  

            	
              If
      it is not possible for the subject of the rental to be used to its full
      extent the landlord is obliged to provide the tenant with a proportionate
      reduction in rent .

            


    

    


    
      	
              11.  

            	
              The
      tenant is obliged to provide the landlord without unnecessary delay with
      notice of his entry into bankruptcy or any proposal regarding the
      declaration of insolvency proceedings involving his property. Furthermore
      the landlord should be informed if the tenant  loses the right
      to carry out the business activities for which this rental contracted was
      agreed.

            


    

    


    
      	
              12.  

            	
              Both
      parties are obliged to inform each other without unnecessary delay of any
      changes in their identification or other data required for the fulfillment
      of this contract, that is company name, registered office, identification
      number, tax identification number, bank account details, contact details
      etc.

            


    

    


     

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    
 

    VI.

    


    Special
Conditions

    


    


    1. Should
the tenant request any structural changes to the subject of the rental it is
necessary to provide the tenant with a request for his agreement in advance
including details of the changes proposed with relevant documentation. Technical
structural changes may only be carried out with the prior written permission of
the landlord. Non compliance with these regulations is considered to be a
fundamental breach of this contract and just cause for termination of contract
on the side of the landlord with a notice period of one month, calculated from
the date of delivery of notice.

     

    
      	
              2.  

            	
              The
      tenant undertakes to obtain the approval of the relevant Building
      Authority or other institutions if required, if this is required by the
      character of the changes requested by the tenant. The landlord is required
      to offer assistance in this task.

            


    

     

    
      	
              3.  

            	
              The
      tenant is aware of and agrees that all structural changes to the subject
      of the lease  requested and accepted by the landlord according
      to this contract will be carried out by the tenant solely at his own
      expense.

            


    

     

    
      	
              4.  

            	
              The
      tenant is aware of and agrees that all structural changes to the subject
      of the lease carried out with the agreement of the landlord which the
      tenant carried out at his own expense are not the subject of any financial
      settlement between the parties to the contract either during the period of
      this rental contract or after its
end.

            


    

    


    


    VII.

    


    Responsibility
for Damage and Insurance

    


    
      	
              1.  

            	
              The
      landlord declares that he has concluded an insurance contract for the
      property as a whole, namely only for damage caused by natural causes and
      responsibility for damage, resulting from ownership of the building. The
      tenant is aware that any damage caused by his activities are not covered
      by this insurance contract.

            


    

     

    
      	
              2.  

            	
              The
      tenant is obliged to prevent damage and to inform the landlord without
      unnecessary delay of any hazards or potential hazards already present in
      the subject of the rental. Non compliance with these responsibilities by
      the tenant will result in his sole responsibility for any damage caused as
      a result.

            


    

    
      	
              3.  

            	
              The
      tenant is obliged to make good any damage caused to the property of the
      landlord or a third party in good time and at his own
    expense.

            


    

    


    


    VIII.

    


    End
of Rental

    


    
      	
              1.  

            	
              The
      rental is ended when:

            


    

    


    
      	
              -  

            	
              The
      written agreement of both parties to the
  contract

            


    

    
      	
              -  

            	
               Notice
      by one of the parties to the contract even without reason with a notice
      period of 3 months, which is calculated from the first day of the
      following month in which the written notice was delivered to the other
      party.

            


    

    
      	
              -  

            	
              Notice
      on the side of the landlord for reasons shown in the contents of section
      III. para 5, section V. para.4 and section VI. para.1. of this
      contract.

            


    

    


    
      	
              2.  

            	
              The
      tenant is obliged to hand back the subject of the rental no later than the
      last day of the validity of the contract, cleared, clean, without rubbish
      and in the state it was handed over taking into consideration normal usage
      and including any changes made with the agreement of the
      landlord.

            


    

     

    
      	
              3.  

            	
              For
      hand back and take over of the subject of the rental at end of contract
      the contents of section IV. Para 4 are also
  applicable.

            


    

     

    
      	
              4.  

            	
              Non-compliance
      with the responsibilities of the tenant with regard to the hand back of
      the subject of the rental cleared at the latest by the last day of the
      validity of the contract according to the contents of para 2. of this
      section, the landlord is entitled to invoice the tenant with a penalty to
      the amount of  ,-CZK for every day of delay in clearing and
      handing back the subject of the rental; the contractual penalty is to be
      paid on the basis of an invoice issued by the landlord with a payment due
      within 30 days from the date of its issue; this does not preclude the
      right of the landlord to claim damages resulting from the breach of
      contract by the tenant described
above.

            


    

     

    
      	
              5.  

            	
              If
      the tenant  delays the clearance and hand back of the subject of
      the rental by more than 15 days the landlord is entitled after prior
      written notice to enter the subject of the rental and clear the property
      himself with the condition that the costs of clearance and possible
      storage of the tenant’s property will be invoiced to the
      tenant.

            


    

     

     

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    
 

    


    IX.

    


    Delivery
of Correspondence

    


    In cases
in which according to the contract or according to current legal
regulations  it is necessary to deliver correspondence to the
contracted party , the correspondence will be considered to have been delivered
to the other party when:

    
      	
              -  

            	
              The
      correspondence was delivered to the second party in person
    or

            


    

    
      	
              -  

            	
              The
      correspondence was delivered to the second party via the holder of a
      postal licence, or

            


    

    
      	
              -  

            	
              The
      correspondence was delivered to the second party via courier service,
      or

            


    

    
      	
              -  

            	
              The
      registered correspondence sent via the holder of a postal licence and
      returned to the sender as
undelivered.

            


    

    


    X.

    


    Closing
Provisions

    


    
      	
              1.  

            	
              If
      any part or parts of this contract are or will be invalid or void this
      does not effect the remaining contents of the contract which remain valid
      and in effect. In this case the partners to the contract are obliged to
      replace the invalid or void parts with new valid or effective content
      which most closely meets the original intention of the invalid or void
      content. During the period of correction the civil law of the Czech
      Republic is applicable.

            


    

     

    
      	
              2.  

            	
              Both
      parties to the contract declare that there are no known circumstances
      which could cause this contract to  become invalid or void
      towards any third party.

            


    

     

    
      	
              3.  

            	
              All
      changes and additions to this contract must be carried out in the form of
      written amendments and become from the   date of signature
      of both parties to the contract.

            


    

     

    
      	
              4.  

            	
               Both
      parties to the contract declare that the contents of this contract
      correspond to their will, concluded freely, solemnly, explicitly and with
      understanding and as proof of this, below they put their signatures to the
      text of the contract.

            


    

     

    
      	
              5.  

            	
              Both
      parties to the contract agree to the appendices specified below which form
      inseparable parts of the contract:

            


    

    Appendix
no.1 – Detailed breakdown of rent and fixed payments for services.

    Appendix
no. 2 – Rules of the Building

    Appendix
no. 3 – Description of minor repairs  and general maintenance financed
by tenant

     

    
      	
              6.  

            	
              This
      contract is prepared in four identical copies of which two copies will be
      retained by both parties.

            


    

    


     

    
       

      
        	Landlord: 	 	Tenant:
	Prague
      8.12.2008   	 	Brno
    8.12.2008
	 	 	 
	/s/  	 	/s/
	Union of Czech and
      Moravian Consumer   	 	UtiliPoint,
      s.r.o.
	Co-operatives	 	Gary Michael
      Vasey
	Ing. Zdenek
      Juracka	 	 
	Chairman	 	 
	 	 	 
	 	 	 
	/s/	 	 
	Union of Czech and
      Moravian Consumer	 	 
	Co-operatives	 	 
	Ing. Vaclav
      Posik	 	 
	Vice-Chairman	 	 
	 	 	 
	 	 	 
	Union of Czech and
      Moravian Consumer	 	 
	Co-operatives	 	 
	U Rajske zahrady 3,
      130 00 Prague 3	 	 
	 	 	 


      

       

    

     

             

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    


     

    


    


    


    Appendix
no.1

    


    


    To
contract no. 1704/1 concerning the rental of non-residential property dated
8.12.2008

                                                               Between

    


    


    
      	
              1.  

            	
              Union
      of Czech and Moravian Consumer
Co-operatives

            


    

    


    Registered
Office: U Rajske zahrady 3/1912, Prague 3

    Registered
No: 00032743

    Entered
in the register of associations of legal entities of the City of Prague
Municipal Authority under the registration no. 9/92

    Represented
by chairman Ing. Zdenek Juracek and vice-chairman Ing. Vaclav Posik

    As the
landlord on the first side( further only “the landlord”)

    


    And

    


    
      	
              2.  

            	
              Utilipoint
      s.r.o.

            


    

    


    Registered
Office: Frantiskanska 502/6 Brno , 602 00

    Registered
No. 283 05 728

    Registered
Tax No. CZ 283305728

    Entered
in the business register of the Brno Regional Court section C, entry
60039

    Represented
by Director (Gary Michael Vasey)

    As the
tenant on the second side (further only “the tenant”)

    


    


    


    
      A.  Detailed breakdown of
rent

         

         

      

      
        	
                Rented
      space

              	 	 	m2	 	 	
                rate
      CZK/m2/per year

              	 	 	
                
                  Total
      CZK

                

              	 
	
                Non-residential
      space(tearoom)

              	 	 	19.80	 	 	 	910	 	 	 	18,018	 
	
                Total
      annual rent

              	 	 	 	 	 	 	 	 	 	 	18,018	 
	
                VAT
      19%

              	 	 	 	 	 	 	 	 	 	 	3,423	 
	
                Total
      annual rent including VAT

              	 	 	 	 	 	 	 	 	 	 	21,441	 
	
                Monthly
      rent

              	 	 	 	 	 	 	 	 	 	 	1,502	 
	
                VAT
      19%

              	 	 	 	 	 	 	 	 	 	 	285	 
	
                Monthly
      rent including VAT

              	 	 	 	 	 	 	 	 	 	 	1,787	 


      

    

    


    


    


    
      	
              B.  

            	
              Detailed breakdown of
      fixed payments for services

            


    

     

    
      
        	
                Rented
      space

              	 	 	m2	 	 	
                rate
      CZK/m2/per year

              	 	 	
                Total
      CZK

              	 
	
                Non-residential
      space(tearoom)

              	 	 	19.80	 	 	 	1,030	 	 	 	20,394	 
	
                Annual
      payment for services

              	 	 	 	 	 	 	 	 	 	 	20,394	 
	
                VAT
      9%( from base of 8,158CZK)

              	 	 	 	 	 	 	 	 	 	 	734	 
	
                VAT
      19% (from base of 12,236CZK)

              	 	 	 	 	 	 	 	 	 	 	2,325	 
	
                Annual
      payment for services including VAT

              	 	 	 	 	 	 	 	 	 	 	23,453	 
	
                Monthly
      payment for services

              	 	 	 	 	 	 	 	 	 	 	1,700	 
	
                VAT
      9%( from base of 680CZK)

              	 	 	 	 	 	 	 	 	 	 	61	 
	
                VAT
      19% (from base of 1,020CZK)

              	 	 	 	 	 	 	 	 	 	 	194	 
	
                Total
      monthly payment for services including VAT

              	 	 	 	 	 	 	 	 	 	 	1.955	 


      

    

     

    


    
      	
              C.  

            	
              Summary

            


    

    


    
      
        	
                Annual
      payment  for rent and services

              	 	 	38,412	 
	
                Monthly
      payment for rent and services

              	 	 	3,201	 
	
                Annual
      payment for rent and services including VAT

              	 	 	44,894	 
	
                Monthly
      payment for rent and services including VAT

              	 	 	3,742	 


      

    

     

     

    
    

     

    
      	Landlord:  	 	Tenant:
	Prague
      8.12.2008	 	 Brno
      8.12.2008
	 	 	 
	/s/	 	 
	Union of Czech and
      Moravian Consumer   	 	/s/
	Co-operatives 	 	UtiliPoint,
      s.r.o.
	Ing. Zdenek
      Juracka	 	Gary Michael
      Vasey
	Chairman	 	 
	 	 	 
	 	 	 
	/s/	 	 
	Union of Czech and
      Moravian Consumer	 	 
	Co-operatives	 	 
	
              Ing.
      Vaclav Posik

            	 	 
	Vice-Chairman	 	 
	 	 	 
	Union of Czech and
      Moravian Consumer	 	 
	Co-operatives	 	 
	
              U
      Rajske zahrady 3, 130 00 Prague 3

            	 	 


    

     

    
           

    


    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    


    


     

    


    


    


    Rules
of the Building

    Location
of building: 502/6 Frantiskanska Street, Brno

    


    Owner of
the building: Union of Czech
and Moravian Consumer Co-operatives

    U Rajske
zahrady 3, Prague 3, tel. Mo-Fri 7:00am-3:30pm 224106124

    


                                                                                     

       

      
        	 Facility
      agent:  	 	 	 tel. Mo-Fri
      7:00am-3:30pm


      

       

    

    


    1.Entrance to the building and opening
hours

    


    Entrance
to the building is only permitted through the main entrance from 502/6
Frantiskanska Street. The entrance is open on working days from 7:00am to
11:00pm fro users an visitors. After 11:00pm every user  is obliged to
lock the main entrance.

    


    2.Structural and other
alterations

    


    Alterations
to the interior and all other alterations (structural, telephone connections,
installation of faxes, ISDN, internet etc. are only permitted on the basis of a
request by the user confirmed by the written agreement of the owner of the
building. Request of this nature should be made in written form to the facility
agent.

    


    3.
Maintenance and repairs

    


    All space
and equipment should be used in such a way as it doesn’t lead to its damage or
disturbance in the building. The discovery of faults, which are the
responsibility of the owners of the building should be reported
without unnecessary delay to the facility agent.

    The
tenant is responsible for damage to the premises or equipment caused by his
visitors in the course of his business activities.

    


    
      	
              4.  

            	
              Office
      and other waste

            


    

    


    The
tenant will ensure the removal of all waste himself.

    Waste
from ashtrays should be disposed of separately from other waste in a
non-inflammable container to prevent the risk of fire.

    


    
      	
              5.  

            	
              Cleaning
      of communal and rented spaces.

            


    

    


    Cleaning
of toilets, stairways and communal areas including areas around the building is
the responsibility of the owner of the building. The cleanliness and upkeep of
the rented non-residential areas including storage areas is the responsibility
of the tenant according to the rental contract.

    


    
      	
              6.  

            	
              Fire
      and security precautions

            


    

    


    Fire and
emergency directions as well as a diagram showing the location of fire fighting
equipment are located on each floor. All tenants are obliged to familiarize
their staff with the location and contents of these instructions and agree not
to place objects such as furniture in the communal areas (corridors, stairways,
etc.) which would endanger the safe operation of the building. At the same time
it is not allowed to store materials or other objects in the rented offices
(flammable, explosive, etc.) which would endanger the safe operation of the
building.

    The
tenant is responsible for the security of his office and spare keys must be
deposited in a sealed envelope with the facility agent in case of emergencies.
Furthermore it is forbidden to use heating equipment of any type in the offices.
Only automatic electric kettles are permitted. In the interest of  the
uninterrupted operation of the building it is important to follow the rule, that
the installation of electrical equipment using over 2000 W is only allowed after
consultation with the facility agent.

     

     

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    
 

    
      	
              7.  

            	
              Inspection
      of building use

            


    

    


    At the
request of the owner or facility agent the tenant must allow access to the
subject of the rental for the  purposes of inspection or repair of
equipment in the building (e.g. electrics, windows, floors, telephones,
electrical sockets etc.)

    


    
      	
              8.  

            	
              Tenants
      will be informed of any changes to the rules of the building in good
      time.

            


    

    


       9.
The rules of the building were issued by: Union of Czech and
Moravian Consumer Co-operatives, U Rajske zahrady 3, Prague 3 and are valid from
1st
January 2009.

    


    


     

    
      	Landlord:   	 	Tenant:
	Prague
      8.12.2008   	 	Brno
    8.12.2008
	 	 	 
	/s/ 	 	/s/
	Union of Czech and
      Moravian Consumer    	 	UtiliPoint,
      s.r.o.
	Co-operatives  	 	Gary Michael
      Vasey
	Ing. Zdenek
      Juracka	 	 
	Chairman	 	 
	 	 	 
	 	 	 
	/s/	 	 
	Union of Czech and
      Moravian Consumer	 	 
	Co-operatives	 	 
	Ing. Vaclav
      Posik	 	 
	Vice-Chairman	 	 
	 	 	 
	 	 	 
	 	 	 
	Union of Czech and
      Moravian Consumer	 	 
	Co-operatives	 	 
	U Rajske zahrady 3,
      130 00 Prague 3	 	 


    

     

                      

    


    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    


     

    


    


    Appendix
no. 3

    


    


    To
contract no. 1704/1 concerning the rental of non-residential property dated
8.12.2008

                                                               Between

    


    2.Union
of Czech and Moravian Consumer Co-operatives

    


    Registered
Office: U Rajske zahrady 3/1912, Prague 3

    Registered
No: 00032743

    Entered
in the register of associations of legal entities of the City of Prague
Municipal Authority under the registration no. 9/92

    Represented
by chairman Ing. Zdenek Juracek and vice-chairman Ing. Vaclav Posik

    As the
landlord on the first side( further only “the landlord”)

    


    And

    


    2.Utilipoint
s.r.o.

    Registered
Office: Frantiskanska 502/6 Brno , 602 00

    Registered
No. 283 05 728

    Registered
Tax No. CZ 283305728

    Entered
in the business register of the Brno Regional Court section C, entry
60039

    Represented
by Director (Gary Michael Vasey)

    As the
tenant on the second side (further only “the tenant”)

    


    


    


    Description of minor
repairs  and general maintenance financed by
tenant

    


    


    
      	
              1.  

            	
              Repairs
      to individual parts of the floor space, repairs and replacement of floor
      and replacement of threshold and skirting
  boards.

            


    

    
      	
              2.  

            	
              Repairs
      to individual parts of doors and windows and their components, their
      painting, change of locks, fittings, keys, blinds if they form parts of
      the subject of rental.

            


    

     

    
      	
              3.  

            	
              Replacement
      of switches, sockets, fuses, bells, lighting, bulbs, strip lighting, neon
      lighting, electrical door security including electric locks if they form
      part of the subject of rental.

            


    

     

    
      	
              4.  

            	
              Replacement
      of gas taps, excluding the mains supply
tap.

            


    

     

    
      	
              5.  

            	
              Repair
      of water taps and fittings, if they form part of the subject of the
      rental.

            


    

     

    
      	
              6.  

            	
              Repair
      of heating and hot water meters if they form part of the subject of the
      rental

            


    

     

    
      	
              7.  

            	
              Repair
      of waste water pipes, odour trap, steam extractors, extractor fan, taps,
      shower, water heater, bidet, wash basin and  waste water
      disposal, sink, toilet fittings, cooker, hot plates, infra heating
      equipment, fitted kitchen, fitted cupboards, if they form part of the
      subject of rental.

            


    

     

    
      	
              8.  

            	
              Repairs,
      cleaning, maintenance and pressure testing of solid fuel, gas and electric
      stoves, local heating boilers using solid, liquid or gas fuels including
      closing and regulating taps and thermostat regulators for local heating
      and radiators, if they form part of the subject of rental and also the
      replacement of small components of these types of
    equipment.

            


    

     

    
      	
              9.  

            	
              Decoration,
      including repairs to paint work, wallpaper, the cleaning of floors and
      floor coverings, wall coverings, indoor painting and the cleaning of
      blocked pipes up to the main waste
outlet.

            


    

     

    
      	
              10.  

            	
              Other
      maintenance and repairs not shown above which individually do not amount
      to more than 3,000CZK.

            


    

     
 

     

    
      	Landlord:  	 	Tenant:
	Prague
      8.12.2008  	 	Brno
    8.12.2008
	 	 	 
	/s/ 	 	/s/
	Union of Czech and
      Moravian Consumer  	 	UtiliPoint,
      s.r.o.
	Co-operatives 	 	Gary Michael
      Vasey
	Ing. Zdenek
      Juracka	 	 
	Chairman	 	 


    

     

        

     

     

     

     

     

     

    9