Document:

Exhibit 10.32

 

PRIVATE INSTRUMENT OF THE CONTRACT OF COMMERCIALPROPERTY SUBLEASE AND OTHER COVENANTS

 

By this private instrument and in accordance with the facts and the law, the parties identified below appear as follows:

 

VIA VAREJO S.A., acquiring company of NOVA CASA BAHIA S/A, under the Minute of the Special Meeting held on January 02, 2013, duly registered before the Commercial Registry of São Paulo State (JUCESP) under no. 33.307/13-1, a limited liability company with headoffice in the city and judicial district of São Caetano do Sul, at Rua João Pessoa, no. 83, Bairro Centro [Neighborhood], CEP [ZIP CODE]: 09520-010, enrolled in the Corporate Taxpayer ́s Registration of the Ministry of Finance (CNPJ/MF) under no. 33.041.260/0652-90, herein represented under its articles of incorporation and hereafter simply referred to as SUBLANDLORD;

 

NOVA PONTOCOM COMÉRCIO ELETRÔNICO S/A, enrolled at the CNPJ under no. 09.358.108/0001-25, located at Rua Gomes de Carvalho, No. 1609 — andar 7o [7th floor] - Vila Olímpia, São Paulo, CEP [ZIP CODE] 04.547-006, hereafter simply referred to as SUBTENANT;

 

And finally, CASA BAHIA COMERCIAL LTDA., with head office at the city of São Caetano do Sul, São Paulo State, at Av. Conde Francisco Matarazzo, no. 100, enrolled at the CNPJ/MF under no. 59.291.534/0001-67, as the property Landlord, herein represented by its undersigned legal representative for the purposes of the article 13 of Law 8245/91, hereafter simply referred to as CONSENTING PARTY, and it agrees with all the terms of this sublease contract.

 

In witness whereof, the parties agree as follows:

 

CLAUSE ONE: OWNERSHIP — The SUBLANDLORD states it is the lawful owner of the use and possession rights of the partially subleased property, arising out of the Commercial Lease Contract executed on 06/30/2010, not recorded and agreed with the CONSENTING PARTY, whose effectiveness begun in the date above mentioned and end set forth on 06/29/2020, renewable for an additional period of 10 (ten) years, considering that the referred original instrument is an integral and inseparable part hereof, and it declares it is conform its lease obligations up to this date and the SUBLANDLORD partially transfer the rights and obligations to the SUBTENANT, free of any charge and overdue obligations related to tax and performances of any type or nature that are bound to the property or in the SUBLANDLORD ́s behalf.

 

CLAUSE TWO: SUBJECT MATTER — This instrument aims at the sublease contract of a part of the property located at Rodovia BA 535, KM 11.5, PARTE, Via Parafuso, Bairro Área Industrial Sul [Neighborhood], Camaçari, BA., with almost 8,000.00m2 (eight thousand square meters), better detailed in the sketch of the situation plan attached, which is executed between the parties.

 

SOLE PARAGRAPH: PROPERTY USE - The subleased space is intended to business purposes of the SUBTENANT, in its field of operation and under its articles of organization, and the operations change without the SUBLANDLORD ́s express consent is forbidden.

 

CLAUSE THREE: PERIOD — The contracted sublease period is 48 (forty-eight) months, with beginning on July 01, 2013 and ending on June 30, 2017, where this contract will be automatically terminated regardless of notice or notification to the SUBTENANT, which is subjected to leave the subleased space.

 

PARAGRAPH ONE: ANTICIPATED PROPERTY RETURN — In the event of the SUBTENANT considers the impossibility of continuing its operations, it shall, with thirty days

 

 

advance notice, notify the SUBLANDLORD by written of its intention of leaving the subleased space.

 

PARAGRAPH TWO:  EXTENSION — Notwithstanding the end of the contract period, while the SUBTENANT remains in the space it will pay the monthly rent, which is adjusted for inflation and other lease charges up to the full vacation.

 

CLAUSE FOUR: RENT — The monthly rent is 63,494.00 BRL (sixty-three thousand, four hundred and ninety-four reais), which will be readjusted in a yearly-basis or in the lower periodicity permitted by the law, by the accumulated index of IPCA/IBGE [Extended National Consumer Price Index/Brazilian Institute of Geography and Statistics] or, in the case of lack of this index, by the CPI/FIPE [Institute Foundation of Economic Researches] or also in the case this index ceases to exist, by other index denominated by the government that actually reflects the inflation occurred in the period, and all will be performed regardless of notice or notification.

 

CLAUSE FIVE: RENT PAYMENT — The rent adjusted herein will be directly paid by the SUBTENANT to the SUBLANDLORD, or where it defines, up to the 1st (first) day of the following month related to the payment due, through a bank slip sent to the SUBTENANT ́s address or by otherwise expressly and mutually agreed.

 

SOLE PARAGRAPH: LATE PAYMENT AND ITS RESULTS -  The rent payment performed out of the agreed periods, will result in an supplementary collection of the fine of 02% (two per cent) plus adjustment for inflation calculated by IGP-M/FGV [General Market Price Index/ Getúlio Vargas Foundation], interest of 1% (one per cent) by month or month fraction and adjustment for inflation according to the relevant legislation, based on IGP-M, which is determined and disclosed by Fundação Getúlio Vargas [Getúliio Vargas Foundation], occurred between the prior month to the overdue rent and the prior month to the actual payment.

 

CLAUSE SIX: POSSESSION - The SUBTENANT herein takes possession of the space and, at its expense and risk, is already allowed to adapt it according to the needs of its business field. All and any renovation or construction intended by the SUBTENANT is subjected to the express SUBLANDLORD ́s and CONSENTING PARTY ́s authorization.

 

SOLE PARAGRAPH: TAX COMPLIANCE- The SUBTENANT states it is aware on the public ordinances of Camaçari/BA city, as well as it undertakes to obtain its permits and operation licenses, as well as to comply with all the necessary requirements and, in any event, it shall not suspend the rent payment due to not having the proper licenses, except if its requirements and non-compliance result from a fault arising out of SUBLANDLORS ́s lack of documentation.

 

CLAUSE SEVEN: FIRE INSURANCE: The SUBTENANT is subjected to have a fire, liability and rent insurance for the subleased space in any suitable insurer of its choice, for the value equivalent to the evaluation timely performed, supported by the evaluation criteria issued by SUSEP and required to its rebuilding. In the case of claim, the SUBTENTANT undertakes to reimburse the value received of the insurer for the property restoration to the SUBLANDLORD.

 

SOLE PARAGRAPH: From the effective possession of the property, the SUBTENANT is liable for the energy, water, sewage and IPTU [Municipal Real Estate Tax] expenses, which will be prorated between the parties proportionally to the leased area in respect to the IPTU, and the energy, water and sewage expenses will be calculated and prorated according to the measurements timely performed by the parties and other expenses effectively incurred.

 

CLAUSE EIGHT: RESTORATIONS AND ADAPTATIONS-  It is expressly agreed that all the restorations or even constructions to be included in the property, will be subjected to the express SUBLANDLORD ́s and CONSENTING PARTY ́s authorization, which will inspect

 

 

the projects performed by the SUBTENANT or performed by who it assigns within 15 (fifteen) days from the original or complementary projects receiving, considering that after the lapse of the period mentioned without the express SUBLANDLORD ́s or CONSENTING PARTY ́s statement, it will be tacitly considered their agreement, however, it shall be required the approval obligation of the competent public bodies and it will be totally included in the subleased space, which will be transferred to the CONSENTING PARTY ́s legitimate ownership immediately to its performance, without any right by the SUBTENANT related to withholding or compensation of any type, except the removable parts that may be removed from the vacation, provided its acquisition is evidenced.

 

SOLE PARAGRAPH: PROPERTY MAINTENANCE — Except the works or repairs required to the subleased space security, of which the SUBLANDLORD is fully liable, the SUBTENANT undertakes for the others works or repairs and it shall maintain the subleased space and its belongings in perfect conditions of operation, conservation and cleaning, under the inspection report attached hereto.

 

CLAUSE NINE: SUBLEASE PROHIBITION — The SUBTENANT shall not sublease, grant or borrow the space in the subleased property, whether in whole or in part, and also it may not transfer this contract without the express and written authorization of the SUBLANDLORD and of the CONSENTING PARTY, under penalty of termination of this instrument, not considering as sublease the borrow, grant or transfer of this contract, the full or partial use of the leased space by a company associated with the SUBTENANT, or for the companies of its Economic Group and service providers and/or partners, and in all the events, the SUBTENTANT shall remain as the sole liable for the obligations performance hereof.

 

PARAGRAPH ONE: The SUBTENANT is authorized, free of taxes, fine or charge, to grant, sublease or transfer the lease contract, whether in whole or in part, provided it is done to companies of the same economic group of which the SUBTENANT or its partners have a partnership or are part of it.

 

PARAGRAPH TWO: The SUBTENANT, through third parties acting as subtenants, may exploit any other commercial activities related to the ones already regularly exploited by the SUBTENANT, and that does not change the purpose of the PRIVATE INSTRUMENT OF THE CONTRACT OF COMMERCIAL PROPERTY SUBLEASE AND OTHER COVENANTS and the SUBTENANT ́s standard, without the result of any rent increase and charges to it.

 

PARAGRAPH THREE — This sublease does not bind the SUBLANDLORD and/or CONSENTING PARTY and the subtenant, and the SUBTENANT remains liable for all the obligations contractually assumed.

 

PARAGRAPH FOUR — Finally, in the event of termination of the lease contract by any reason, the sublease related in the previous item will automatically terminate by operation of law, and in such event, the SUBTENANT undertakes to expressly include this information in the sublease contract that may be executed.

 

CLAUSE TEN: MISCCELANEOUS — The contracting parties undertake to comply with all the terms of this contract, and the breach of any clauses will result in the fine equivalent to 01 (ONE) RENT proportionally effective to the breach period.

 

PARAGRAPH ONE: POSSIBLE EXPROPRIATION — In the situation of expropriation of the subleased property, the SUBLANDLORD and the CONSENTING PARTY shall be totally released from all the clauses hereof, except the SUBTENANT ́s right of compensation from the Expropriation Power it may be entitled to.

 

PARAGRAPH TWO: PROPERTY INSPECTION — The SUBLANDLORD and the CONSENTING PARTY may inspect the subleased space all the time they deem appropriate,

 

 

provided the inspection is performed in the business time defined by the SUBTENANT ́s establishment.

 

PARAGRAPH THREE: LEASE- The SUBTENANT is aware on the effective period of the main lease, considering that, in the case of termination of the main ex locato relationship without the SUBLANDLORD ́s fault or intention, this sublease is automatically resolved without any right to any compensation by the parties.

 

CLAUSE ELEVEN: SPACE RETURN — The vacation of the subleased space shall always be preceded by an express communication to the SUBLANDLORD, within 30 (thirty) days of advance. In this monthly period, the parties shall perform a strict inspection to be aware of the buildings and its facilities conditions. Even if the SUBTENANT returns the possession of the assets during the month, it will be liable for the payment of all the values of the rent and charges.

 

SOLE PARAGRAPH: KEYS DELIVERY — In the keys return, the time required for the repair of possible damages assigned to the SUBTENANT, as well as for the restoration of any property and/or facility in a good condition, even if performed after the keys delivery, will be registered as the sublease period, and the SUBTENANT shall pay the rents and charges that incur over this period, without prejudice to the fine set forth herein.

 

CLAUSE TWELVE: NOTIFICATIONS — For the purposes and effects of the provisions of the article 58, item IV of Law no. 8245/91, it is expressly authorized that the notice, the judicial/extrajudicial notification or summon of the SUBLANDLORD, SUBTENANT or of any part related to this agreement, may be performed by mail with receipt notice, telegram or facsimile.

 

SOLE PARAGRAPH: COMMUNICATIONS — All and any communication between the parties will be sent to the respective addresses informed herein. So, a possible address change shall be immediately informed to the interested parties, under penalty of valid and effective maintenance of the previously provided information.

 

CLAUSE THIRTEEN: FORBEARANCE — The forbearance by any of the parties as the delay or omission of the other party on the performance of the obligations agreed herein or the non-imposition of the fines in a timely period, will not result in the cancellation of the penalties or of the powers granted, and this imposition or performance may be done at any time, if the causes remain.

 

CLAUSE FOURTEEN: CONTRACT PERFORMANCE — All the information due to this contract and that does not comprise the executive process, shall be required through the competent action, and the guilty party will be liable for the prejudice and other sanctions provided herein, as well as for the court costs and attorney ́s fees at the ratio of 20% (twenty per cent) on the debit total value.

 

SOLE PARAGRAPH: PROPERTY ABANDONMENT — Notwithstanding the filing of any judicial claim, the SUBLANDLORD may repossess the space in the property, if the breaching SUBTENANT abandons the properties.

 

CLAUSE FIFTEEN: JURISDICTION — The parties expressly chose the jurisdiction of the Judicial District of São Caetano do Sul, São Paulo State, as the authority to settle possible doubts or disputes arising out hereof, dismissing any other, whatever privileged.

 

 

In witness whereof, the parties, after reading and found it to be in order, declare they are totally aware on the obligations agreed herein, as well as the observance of all the provisions, whether by itself or by its heirs and successors at any title and, in order to reach the purposes aimed, they execute this contract in 04 (four) counterparts of equal content in the presence of the witnesses listed herein.

 

	
São Caetano   do Sul/SP, June 07, 2013
    	
 
    
	
SUBLANDLORD:
    	
 
    
	
 
    	
 
    
	
VIA   VAREJO S/A.
    	
 
    
	
 
    	
 
    
	
/s/ Jorge Herzog
    	
 
    
	
Name: Jorge Herzog
    	
 
    
	
Title: Vice President
    	
 
    
	
 
    	
 
    
	
/s/ Vitor Fagá
    	
 
    
	
Name: Vitor Fagá
    	
 
    
	
Title: Chief Financial Officer
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
SUBTENANT:
    	
 
    
	
 
    	
 
    
	
NOVA   PONTOCOM COMÉRCIO ELETRÔNICO S/A
    	
 
    
	
 
    	
 
    
	
/s/ Oderi Gerin Leite
    	
 
    
	
Name: Oderi Gerin Leite
    	
 
    
	
Title: Operations Director
    	
 
    
	
 
    	
 
    
	
/s/ Fernando Tracanella
    	
 
    
	
Name: Fernando Tracanella
    	
 
    
	
Title: Chief Financial Officer
    	
 
    
	
 
    	
 
    
	
CONSENTING PARTY:
    	
 
    
	
 
    	
 
    
	
CASA BAHIA COMERCIAL LTDA.
    	
 
    
	
 
    	
 
    
	
/s/ Michel Klein
    	
 
    
	
Name: Michel Klein
    	
 
    
	
Title: Michel Klein
    	
 
    
	
 
    	
 
    
	
WITNESSES:
    	
 
    
	
 
    	
 
    
	
1.
    	
Evandro   Barbosa Lima
    	
 
    
	
Name: Evandro   Barbosa Lima
    	
 
    
	
 
    	
 
    
	
2.
    	
Omar Pereira   Magalhães
    	
 
    
	
Name: Omar   Pereira Magalhães
    	
 
    
	
 
    	
 
    

 

Attachment list:

Attachment I — Property and items sketch

Attachment II — Inspection report

 

 

The document contains the notary certification of the signatures of Jorge Fernando Herzog, Oderi Gerin Leite and Fernando Queiroz Tracanella. The document also bears the Authentication Seals of the Notary College of Brazil.

 

The document also contains the stamps of Legal Department of Via Varejo S/A.Exhibit 10.33

 

REAL PROPERTY SUBLEASE AGREEMENT FOR BUSINESS PURPOSES AND OTHER COVENANTS

 

By this instrument and pursuant to the laws, the parties hereunder qualified:

 

On the one hand, as SUBLESSOR LESSEE, CASA BAHIA CONTACT CENTER LTDA, headquartered at Rua da Graça, no.  873 - Bom Retiro, São Paulo CEP 01125-000, enrolled with CNPJ/MF [National Roll of Legal Entities/ Ministry of Finance] 08.098.056/0002-13, herein by its undersigned legal representative hereafter simply referred to as SUBLESSOR;

 

on the other hand as SUBLESSEE NOVA PONTOCOM COMÉRCIO ELETRÔNICO S/A, enrolled with CNPJ under no.  09.358.108/0001-25, located at Rua Gomes de Carvalho, no.  1609 - 7o andar - Vila Olimpia, São Paulo, CEP 04547-006, herein represented according to the bylaws hereafter simply referred to as SUBLESSEE.

 

Lastly, CASA BAHIA COMERCIAL LTDA., headquartered in the city of São Caetano do Sul, State of São Paulo, at Av.  Conde Francisco Matarazzo, no.  100, enrolled with CNPJ/MF under no.  59.291.534/0001-67, in the quality of the Lessor of real estate herein by is undersigned legal representative for the purposes of Article 13 of Law 8.245/91, hereafter simply referred to CONSENTING PARTY, agreeing to all the provisions in this subleasing agreement.

 

The parties identified above has fair and adjusted this Subleasing Agreement to be governed by the following clauses and conditions hereinafter described.

 

Whereas the adjustment between the parties, this instrument object is the subleasing contracting of the 2nd Floor of the real estate for commercial purposes, located in the Capital of the State of São Paulo, Rua Graça, no.  873 - Bom Retiro, best described by attached sketch of location (Exhibit I), which is herein signed by the parties, hereinafter referred to as “Real Estate”.

 

I - SUBLESSEE receives the Real Estate structured with used furniture and equipment, properly described in Exhibit I, which is an integral part of this instrument.  The term being elapsed, the Real Estate shall be delivered together with all the equipment, in conditions to be leased again except natural wear of use of equipment and furniture.  All burden from this subleasing shall be payable up to the actual delivery of Real Estate to SUBLESSOR.

 

First Paragraph - The SUBLESSEE is exempted from liability in the any damage resulting from normal use and wear and tear of equipment and furniture.

 

Second Paragraph - SUBLESSOR, by itself or by its representative may visit the Real Estate during business hours during the subleasing to check the exact compliance with the clauses of this agreement.  For such purpose, SUBLESSOR should notify the

 

 

SUBLESSEE in writing up to forty-eight (48) hours in advance, stating also the name of representatives responsible for the inspection.

 

Third Paragraph - SUBLESSOR is liable for the performance of maintenance preventive and corrective maintenance services of equipment, computers and furniture herein leased.

 

II - The duration of lease shall be for the 36 (thirty-six) months period, beginning on the May 13, 2011 and terminated scheduled to May 12, 2014.  SUBLESSEE shall return the Real Estate with all assigned furniture and equipment in accordance with EXHIBIT I at the termination irrespective the judicial or extrajudicial notice.  However, the agreement should continue upon express provision by the parties and all terms and conditions on such extension shall be formalized by signing the amendment instrument to this agreement.

 

First Paragraph: SUBLESSEE shall be in possession of the Real Estate upon actual delivery of the keys, in which act shall be formalized the “Real Estate Inspection”, which should be signed by the representative of the parties and shall integrate this instrument as Exhibit II

 

Second Paragraph: Sublease being terminated, SUBLESSEE undertakes to return to SUBLESSOR the Real Estate entirely free and unoccupied of persons and things except the furniture and equipment specified in Exhibit I that should be returned to SUBLESSOR, in conservation condition compatible with the one received in respect to mentioned furniture, it should be returned considering the natural wear by use irrespective any advice or notice.

 

Third paragraph: The return of keys shall be preceded by the inspection of the Real Estate by the parties, which shall be formalized by document duly signed by the parties, at which time the condition of the Real Estate is verified.

 

III - the monthly amount of subleasing shall be divided in two bases:

 

a)                 Amount regarding the subleased space of real estate to correspond to R$10,000.00 (ten thousand Brazilian reais),

 

(b)             Amount related to equipment lease corresponding to the quantity of Service Points (PA), and other facilities made available by SUBLESSOR and used in each month, and based on the unit amounts hereunder:

 

b. 1 - 230 (two hundred thirty) service positions for R$ 798.28 (seven hundred ninety-eight Brazilian reais and twenty-eight cents) each.

 

b. 2 - 32 (thirty-two) administrative positions for R$ 523.64 (five hundred twenty-three Brazilian reais and sixty-four cents) each.

 

 

Paragraph first., The rentals will be adjusted annually or in shorter frequency allowed by the laws in force, by inflation index of the period measured by Getulio Vargas Foundation (IGPM - FGV) or, in the absence thereof, by any other official index to replace it.  Such amount includes prorated IPTU [real estate tax] ad all related expenses such as maintenance, use of furniture, computers, safety and cleaning of real estate, which are exclusively on SUBLESSOR’s liability.

 

IV - The rental is required every day 30 (thirty) of each month, and shall be paid by SUBLESSEE upon specific receipt for each payment to be made, which payment shall be made directly to SUBLESSOR’s address.  The receipt of deposit and/or Bank transfer shall be the settlement receipt of rentals received.  The Payment after the maturity implies on 2% (two percent) fine on the debt in addition to 1% (one per cent) interest on each overdue month up to the actual payment.

 

The subleased space is destined for commercial purposes by SUBLESSEE in activity carried out thereby according to the bylaws.  Any change of activities is forbidden without SUBLESSOR express consent.

 

V - The subleased space is destined for commercial purposes by SUBLESSEE in activity carried out thereby according to the bylaws.  Any change of activities is forbidden without SUBLESSOR express consent.

 

Sole Paragraph - CONSENTING PARTY shall supply all documents required to obtain the operation license.  If SUBLESSEE fails to obtain the operation license in view of the non-compliances of the real estate, sublease should be denounced with no penalty.

 

VI -  SUBLESSEE should not lease, sell or lend the leased space in whole or in part, nor transfer this agreement without that SUBLESSOR’s consent expressly and in writing under the penalty of termination of this instrument, which shall be used in a way not to compromise the aesthetics and safety, moral conditions and tranquility and well-being of neighbors.

 

First Paragraph -  SUBLESSEE may exceptionally lease/loan, in whole or in part, the real estate exclusively to its subsidiaries and/or affiliates.

 

VII - The breach of any clause in this agreement causes violator to be assessed 20% (twenty percent) irreducible fine on the yearly rental in force at the time of breach causing the termination in full right, regardless any notice or advice and the party in default is subject to the payment of determined losses and damages;

 

 

Sole Paragraph: This agreement should be terminated in full right at any time, without incurring in any penalty, in the following events:

 

(i)                                     terminating the lease agreement term;

 

(ii)                                  Expropriation;

 

(iii)                               any sentence on court-supervised reorganization, extrajudicial or bankruptcy of the other party or expropriation of Real Estate;

 

(iv)                              In any denouncement at any time by SUBLESSEE provided that informed to SUBLESSOR at least 30 (thirty) days in advance.

 

VIII - No work or change shall be performed in Real Estate without prior written authorization by SUBLESSOR.  Except Unless superfluous betterments that should be removed from Real Estate AT THE TERMINATION of the agreement term, any improvement built is adhered to the Real Estate and SUBLESSEE renounces expressly to the lien or indemnity unless convenient to SUBLESSOR that everything is restored to the previous conditions.  In such event, SUBLESSEE is liable for the replacement on its own account, and for rentals, taxes and charges up to the conclusion of the works.

 

IX - SUBLESSEE shall have 30 (thirty) days term from the beginning of sublease to express on any defects or damage in Real Estate and the respective facilities and accessories that were not found in initial inspection.  Such damages shall be solved by SUBLESSOR together with CONSENTING PARTY within 10 (ten) business days from the notice thereon.  If the repair is not made within the established period, SUBLESSEE is authorized to arrange it and deduct the expenses amount from the rental to be paid.  The above 30 (thirty) days period is not applicable in any hidden vices, which are found only in the use and handling of Real Estate.  CONSENTING PARTY shall be liable for the damages rendering the occupation and use of Real Estate unfeasible including but not limited to, structural damage, electrical and hydraulic system, leakages therefore, SUBLESSOR shall inform it to carry out the necessary repairs, applying the same rule on behalf of SUBLESSEE, in failure to solve within 10 (ten) business days thereon.

 

X - SUBLESSOR is exclusively liable for the contracting and maintenance during the entire effectiveness of this agreement, for the insurance with full coverage of the Real Estate and items therein against risk (civil liability), fire, against third parties and other necessary, and is liable for losses and indemnities (loss and damages) resulting from the failure to comply with this clause, or by defective or inefficient coverage thereof.  This insurance policy should be submitted by SUBLESSOR to SUBLESSEE within 15 (fifteen) days from the signature of this instrument, which is integral part to this instrument as Exhibit III.

 

 

First Paragraph: In the event of partial loss of Real Estate, SUBLESSEE on its sole discretion should choose one of the following hypothesis: (I) Termination of this agreement without SUBLESSOR’s right to receive any indemnity; or (ii) Reconstruction of the damaged part of REAL ESTATE and maintaining this sublease, when SUBLESSEE undertakes to pay the amount of monthly sublease prorated to the area occupied during the reconstruction period.

 

Second Paragraph: In the event of total loss of Real Estate, the parties are released from the obligations in the agreement, which agreement is resolved on full right, without any of the parties claiming from the other any indemnity or offset regarding the termination of this agreement.

 

Third paragraph: The finishing materials, equipment, goods and products owned by SUBLESSEE are insured directly thereby (SUBLESSEE), on its exclusive expense.

 

XI - Any amendment to this Contract shall be made by Amendment Instrument signed by the parties.

 

XII - This Agreement and the rights and obligations arising therefrom should not be assigned, transferred or subrogated by any party, except upon prior and express approval by the other party.

 

XIII - The legal representatives of the Contracting Parties and the CONSENTING PARTY represent to have powers to sign this instrument and bind the company represented on the provisions herein described, as well as the signature of this instrument depends on no authorization, and is personally liable when acting with no powers or with excessive powers.

 

XIV - The parties elect the Courts of the City of São Paulo to solve any litigation arising herein, expressly renouncing to any other however privileged it might be.

 

 

In witness whereof, the parties agreed, adjusted and contracted, after reading and found accordingly represent to have full and total knowledge on the obligations herein agreed, and all shall be carried out by themselves, their heirs and successors to comply with the provisions herein and to fulfill the purposes which is signed in 03 (three) counterparts of equal content before the witness hereunder.

 

 

São Caetano do Sul, May 13, 2011.

 

 

SUBLESSOR:

 

	
 
    	
 
    
	
CASA BAHIA CONTACT CENTER LTDA
    	
 
    
	
 
    	
 
    
	
/s/ Jorge Azevedo
    	
 
    
	
Name: Jorge Azevedo
    	
 
    
	
Title: Director
    	
 
    
	
 
    	
 
    
	
SUBLESSEE:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
NOVA PONTOCOM COMÉRCIO   ELETRÔNICO S/A
    	
 
    
	
 
    	
 
    
	
/s/ Fernando Tracanella
    	
 
    
	
Name: Fernando Tracanella
    	
 
    
	
Title:   Chief Financial Officer
    	
 
    
	
 
    	
 
    
	
/s/   Oderi Gerin Leite
    	
 
    
	
Name:   Oderi Gerin Leite
    	
 
    
	
Title:   Operations Director
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
CONSENTING   PARTY:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
CASA   BAHIA COMERCIAL LTDA
    	
 
    
	
 
    	
 
    
	
/s/   Michel Klein
    	
 
    
	
Name:   Michel Klein
    	
 
    
	
Title:   President
    	
 
    
	
 
    
	
WITNESSES:
    	
 
    
	
 
    	
 
    
	
1.
    	
Edison   Junior
    	
 
    
	
Name:   Edison Junior
    	
 
    
	
Title:   Service Manager
    	
 
    
			

 

 

List of Exhibits

 

Exhibit I - Sketch of Real Estate and items

 

Exhibit II - Inspection Report

 

 

EXHIBIT I - SPECIFICATIONS OF THE LEASE FLOOR

 

Square Meter of the floor: 872.61 m2

 

Quantity of PA’s: 259

 

Quantity of desks for Supervisors: 09

 

Quantity of desks for Coordinators: 02

 

Quantity of desks for Manager: 02

 

Quantity of desks for Administrative: 08

 

PA’s Specifications: Sensory Line, with an anatomic exclusive design avoiding improper postures and RSI injuries, acoustic panel in curve format in fabrics with foam layer that allows absorption of noises, with side panels with acrylic display, which provides amplitude of space without confinement feeling with device for height adjustment of the keyboard surface and easy drive monitors dimensions in accordance with the ABNT NBR 15786 and Exhibit 2 of NR-17.

 

Chairs Specifications: Average backrest 400 Line with all necessary adjustments according to ABNT NBR 13962 and Exhibit 2 of NR-17.

 

Specification of Supervision Furniture: Supervisor Sensorial Line with an exclusive anatomic design avoiding improper postures and RSI injuries

 

Specification of Coordinator Furniture: Multimax Line with 1.30 m screens designed for maximum integration between the professionals.

 

Specification of Manager Furniture: Multimax Line designed for maximum integration between the professionals.

 

 

Specifications of Administrative Room Furniture: Multimax Line with 1.30 m screens designed for maximum integration between the professionals.

 

Specifications of Telecom Room: Mirroring of data and voice in CAT 5E cable, Furukawa brand and electrical system with specific No Break to all equipment more 15 switches units 24 FastEthernet ports, 3Com manufacturer, 4200 model (mostly used to meet operation and minority to meet administrative of the floor ) and 01 access point unit, Cisco manufacturer, Cisco Aironet 1130AG model (used only to serve the administrative floor).

 

Specifications of Bathrooms: 07 Male Restrooms, 11 women’s restrooms and 01 bathroom for disabled persons.

 

Specifications of Air Conditioning: Chiller model Hitachi brand

 

Specification of No Break: UPS 160 KVA model 9390 with 30 minutes autonomy.

 

Specifications of generator: 385 KVA Cummins brand model C300 - 380/220 V

 

Access Control: TASK brand with 6 Turnstiles and 8 access doors.

 

Cabinets: 800 Cabinets for personal belongings

 

Parking Lot: Initially 2 vacancies

 

Security: 24 H all weekdays

 

Cleaning: from 6:00 a.m.  to 10:00 p.m.  from Monday to Saturday

 

Cameras: located in all of the access points, including areas outside and inside the operation.

 

 

Lighting: luminaries power T5 model with 28W bulbs that provide savings and high efficiency

 

Access stairs: 2 Stairs

 

Elevator: 01

 

Convenience area

 

The document contains stamps of the Legal Department of Nova Pontocom and CB Contact Center - Board.

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