**Clause Four**: The lease and any other lease charges due by **LESSEE**under this agreement shall be paidmonthly in arrears and will be due on the first (1st) day of each month uponpresentation of a “Lease Payment Slip” issued by **LESSOR**; if **LESSEE**does not receive such LeasePayment Slip up to the due date, then it shall request it via telephone: (11) 3045-5541, extension:105.**Clause Five**: Non-payment of the lease and other charges on the date and under the provisionsestablished on the preceding clause, shall subject lessee to a twenty percent (20%) penalty on theoverdue amount, plus monetary restatement. Such penalty and monetary restatement shall beapplicable from the maturity date up the effective payment; if payment is delayed for more thanthirty (30) days, a one percent (1%) interest per month shall be charged, without prejudice ofcontractual termination and any other legal sanctions. If a judicial suit is filed, **LESSEE**shallbear, in addition to interest, monetary restatement and penalty, lawyer’s fees at 20% of the totalamount due.**Clause Six**: **LESSEE**shall bear any expenses related to the consumption of water, electricity, gas,Municipal Real Estate Tax – IPTU, garbage and condominium tax, and the respective increasesthereon.**Sole Paragraph**: **LESSEE**hereby undertakes to present to **LESSOR**, upon termination of the lease,supporting documents evidencing the payment of water, electricity, gas, Municipal Real Estate Tax –IPTU, garbage and condominium tax bills and other charges.**Clause Seven**: Any taxes, municipal real estate taxes that are levied or come to be levied on theleased premises and on the public road where it is located shall be solely borne by **LESSEE**.**Clause Eight**: Except for those works that affect the security of the building, **LESSEE**herebyundertakes to maintain the leased premises in good conditions of hygiene and cleaning and thebathroom and lighting fixtures, stove, wallpapers paint, window glasses, marbles, locks, taps, washbasins, bathrooms, drains, and other appliances in perfect state of conservation and operation, soas to return the premises upon termination or rescission of this agreement, with no right to claimany lien on or damages for any improvements to the premises, even if necessary, such improvementsto be hereby incorporated into the premises.**Clause Nine**: **LESSEE**hereby undertakes to deliver to **LESSOR**, within the legal time frame, anynotices received and any communication related to the leased premises and that are under the**LESSEE’s**responsibility, as well as any and all penalties and increases thereon resulting from thedelay in delivering such documents to **LESSOR**.**Clause Ten**: **LESSOR**may, whether personally or through an authorized representative, visit theleased premises at a previously agreed with **LESSEE**, in order to check the treatment provided tothe premises or to accompany any persons who may be interested in buying the property.**Clause Eleven**: If the leased premises are located in a condominium building, **LESSEE**represents thatit is aware of the provisions of Condominium Regulations, that rule the activities of the occupantsof the building, and further agrees to fully comply with such regulations under the penaltiesherein established.
 
 

 
**Paragraph One**: **LESSEE**hereby represents that it is aware of the Building’s Internal Regulation andthat it agrees to comply with the provisions thereof that are an integral part of this agreement asif they were herein transcript.**Paragraph Two**: **LESSEE**shall pay the condominium ordinary expenses.**Clause Twelve**: Upon termination of the lease, **LESSEE**shall return the premises fully vacant ofpersons and things, in perfect maintenance and preservation conditions, regardless of any notice ornotification, under penalty of being submitted to the fines herein imposed and other applicablelegal provisions.**First Paragraph**: Delivery of the premises will occur upon delivery of the keys by **LESSEE**to **LESSOR**after inspection thereon.**Clause Thirteen**: This lease agreement shall be terminated in the event that reconstruction of thebuilding is required as a result of fire or any accident, however, if **LESSEE**is to be blamed forsuch fire or accident, then it shall remain responsible even if the leased premises return to theirprevious condition.**Paragraph One**: In the event of expropriation of the leased premises by any competent publicauthority, this lease agreement shall be terminated and the parties hereof shall be released fromany obligations established in this agreement, exception made to any rights resulting therefrom upto the time when expropriation takes place.**Clause Fourteen**: The assignment of this agreement, loan for use, sublease or any other form oftransfer of the leased premises are hereby expressly forbidden.**Clause Fifteen**: If any of the parties breaches this agreement, it shall be subject to acontractual penalty equal to three (3) months’ rent in force at the time of the breach, andregardless of the period of time that had elapsed from the beginning of the lease agreement, suchpenalty shall be charged in full. The non-breaching party may deem the lease simultaneouslyterminated, regardless of any notice or notification, or, further, it may require full performanceof this agreement up until termination thereof, under the conditions herein provided for, withoutprejudice to any penalty it is entitled to charge.**Clause Sixteen**: The premises shall be returned in good condition, clean and painted.**Paragraph One**: In order to carry on its activities, **LESSEE**may make improvements in the leasedpremises, always with the **LESSOR**’s consent, provided that the architecture and the use of theleased premises are not changed on account of such improvements. Such improvements may, however, at**LESSOR**’s discretion, be incorporated into the premises, and **LESSEE**shall not have the right toindemnification, compensation or lien for any purpose whatsoever.**Paragraph Two**: When using the leased premises, **LESSEE**shall be held liable for any sanctions thatmay be imposed thereon on account of any infringement it may commit and **LESSOR**is hereby releasedfrom any responsibility therefore.
 
 

 
**Clause Seventeen**: The provisions related to early payment of lease shall remain in force, underClause VI-7 of the lease agreement entered into on December 1st, 2005, when the amountequivalent to three (3) month’s rent at the time, or fifty four thousand reais (R $54,000.00), waspaid and shall be used by **LESSOR**to pay the lease in the last three months of the lease agreement,or if already paid, such amounts shall be returned to **LESSEE,**duly adjusted by the official indicesused to make adjustments to Savings Accounts, such indices accumulated between the date on whichthis lease agreement is entered into and the date of execution of the Instrument for Delivery ofKeys, when the leased premises shall be vacated.**Sole Paragraph**: In the event of early termination, **LESSEE**agrees to inform LESSOR upon a sixty(60) day’s prior notice.**Clause Eighteen**: Any dispute that may arise from this lease agreement shall be subject to thejurisdiction of the Courts sitting in the city where the premises are located, and the partieshereby expressly waive any other jurisdiction, as privileged as it may be. This agreement and allits terms, clauses and conditions are binding on the parties, their heirs and successors.In witness whereof, the parties have executed this agreement in two (02) counterparts of equalcontent, in the presence of the undersigned witnesses.São Paulo, February 01, 2010[signed]