ex_10-1.htm - Generated by SEC Publisher for SEC Filing






LEASE
AGREEMENT


Dated October 21, 2016


 


This Lease is made by
and between:


Lin Ai Hang (hereinafter
"Landlord") and Arcom (hereinafter "Tenant")


In
consideration for the mutual promises and covenants contained herein, and for
other good and valuable consideration, the parties hereby agree as follows:


1.
The Landlord leases to the Tenant,
and the Tenant rents from the Landlord the following described
premise: 37 square meters located at Hezhou N Rd 12, Hecheng Qu, Huaihua
Shi, Hunan Sheng, China, 418000.


2.
The term of the Lease shall be for one year commencing on November 1, 2016 and
ending November 1, 2017. The Tenant pay to Landlord as rent $2,160
per the year, in the event of monthly payment the amount for a mouth would be $180.
The validity of this agreement can be expanded for longer period upon signing
additional agreement of the Landlord and the Tenant.


3.
This Lease is subject to all present or future mortgages affecting the
premises. Tenant shall use and occupy the premises only as a manufacturer
subject at all times to the approval of the Landlord.


4.
The Tenant shall not make any alterations, additions or improvements to
the premises without the prior written consent of the Landlord.


5.
The Landlord, at his own expense, shall furnish the following utilities
or amenities for the benefit of the Tenant: Empty space with
working electricity sockets, clean, working facilities, without any background
payment such as bills, checks etc.


6.
The Tenant shall not permit or commit waste to the premises. The Tenant
shall comply with all rules, regulations, ordinances codes and laws of all
governmental authorities having jurisdiction over the premises.


7.
The Tenant shall not permit or engage in any activity that will affect
an increase in the rate of insurance for the Building in which the premises are
contained nor shall the Tenant permit or commit any nuisance thereon.


8.
The Tenant shall not sublet or assign the premises nor allow any other
person or business to use or occupy the premises without the prior written
consent of the Landlord, which consent may not be unreasonably withheld.


9.
At the end of the term of this Lease, the Tenant shall surrender and
deliver up the premises in the same condition (subject to any additions,
alterations or improvements, if any) as presently exists, reasonable wear and
tear excluded.


10.
Upon default in any term or condition of this Lease, the Landlord shall
have the right to undertake any or all other remedies permitted by Law.





 

  



11. This Lease shall be binding upon, and inure to the benefit of, the parties, their heirs, successors, and assigns.


12. This Lease constitutes the entire Lease between Tenant and Landlord. No oral agreements have been entered into, and all modifications or notices shall be in writing to be valid.


13. The undersigned Tenant and Landlord have read and understand this Lease.


 


Authorized signatures:




	

   By the Tenant:    


                                                                


   /s/ Hui Ping Liu                                                             


      Arcom                                                                             
	

   By the Landlord:


    


   /s/ Lin Ai Hang


   Lin Ai Hang