Sublease Agreement
This Sublease Agreement (the
"Sublease") is made and effective [Date], by and between [Sublessor]
("Sublessor"), and [Subtenant] ("Subtenant", whether
one or more).
Sublessor is the tenant in a lease
agreement dated [Master Lease Date] with [Landlord's Name] for a
term ending [Lease Term End Date] (the "Master Lease"). A copy
of the Master Lease is attached hereto and incorporated herein by this
reference. The property leased to
Sublessor in the Master Lease is referred to as the "Leased
Property".
Sublessor now desires to sublease
the Leased Property to Subtenant, and Subtenant desires to acquire the
sublease.
NOW, THEREFORE, for value received
by each of the parties hereto, the receipt and sufficiency of which are hereby
respectively acknowledged, and in consideration of the mutual agreements of the
parties, it is agreed:
1. Sublease.
A. Sublessor agrees to sublease the Leased Property as follows:
Sublease Term: [Term of Lease]
Monthly Sublease Rent: [Monthly Rent Paid by Subtenant]
B. Subtenant shall pay the rent to Sublessor not later than the
[Rent Due Date] day of each month.
Rent payments shall be made to the address for Sublessor below or such
other address that Sublessor may identify to Subtenant from time to time. Subtenant shall also pay to Sublessor any
other amount or charge that Sublessor is obligated to pay under the Master
Lease that arises or is attributable to Subtenant's occupancy such as, but not
limited to, charges for garbage, water, sewer, utilities, common area expenses,
maintenance and refuse removal. Such
charges shall be paid within ten days of Sublessor's statement. Subtenant shall be responsible for procuring
and paying for any utilities or services not provided by landlord pursuant to
the Master Lease.
C. In the event there is more than one Subtenant party, then the
obligations of each such Subtenant shall be joint and several.
[Use of Furniture]
2. Obligations Under Master Lease.
Subtenant agrees to comply with
the terms of the Master Lease and shall not do or permit to be done anything
that would constitute a breach or default of Sublessor's obligations in the
Master Lease. Sublessor agrees to
comply with all of Sublessor's obligations in the Master Lease. Sublessor agrees timely to pay rent and
other charges due under the Master Lease and, provided Subtenant is not in
breach or default of any obligation in this Sublease, shall not do anything to
disturb Subtenant's use of the Leased Property pursuant to this Sublease.
3. Indemnification.
A. Subtenant will indemnify, protect, defend and hold Sublessor
harmless from and against any and all loss, cost, damage and expense arising
out of or in any way related to a breach or default of Sublessor's obligations
in the Master Lease by Subtenant.
B. Sublessor will indemnify, protect, defend and hold Subtenant
harmless from and against any and all loss, cost, damage and expense arising
out of or in any way related to a breach or default of the Master Lease by
Sublessor.
3. No Assignment or Sublease.
Subtenant shall not, without the
prior written consent of both Sublessor and the landlord in the Master Lease,
assign this Sublease or sublet the Leased Property or any part thereof.
4. Notices.
Any notice given in connection
with this Agreement, shall be in writing and shall be given to the appropriate
party by personal delivery or by certified mail, postage prepaid, or recognized
overnight delivery service as follows:
If to Sublessor:
[Sublessor]
[Sublessor
Address]
If to
Subtenant:
[Subtenant]
[Subtenant
Address]
5. Headings.
Headings used in this Agreement
are provided for convenience only and shall not be used to construe meaning or
intent.
IN WITNESS WHEREOF, the parties
hereto have caused this Sublease to be duly executed as of the date first above
written.
[Signatures]
Landlord's Consent
The undersigned, the landlord in
the Master Lease, hereby acknowledges consent to the foregoing Sublease
Agreement.
Landlord:
Date:________________________ ________________________