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LANDLEASEAGREEMENT
ThisLandLeaseAgreement(the"Agreement")ismadeandenteredintoasof[InsertDate](the"EffectiveDate"),byandbetween[InsertLessor'sName],a[InsertLessor'sState]entitywithitsprincipalplaceofbusinessat[InsertLessor'sAddress](hereinafterreferredtoas"Lessor"),and[InsertLessee'sName],a[InsertLessee'sState]entitywithitsprincipalplaceofbusinessat[InsertLessee'sAddress](hereinafterreferredtoas"Lessee").
WHEREAS,LessoristhelegalownerofthelanddescribedinExhibitAattachedhereto(the"Premises")anddesirestoleasethePremisestoLesseeforthepurposessetforthherein;and
WHEREAS,LesseedesirestoleasethePremisesfromLessorforthepurposessetforthherein.
NOW,THEREFORE,inconsiderationofthemutualcovenantsandagreementscontainedinthisAgreement,andforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,LessorandLesseeagreeasfollows:
1.LeaseofPremises
LessorherebyleasestoLessee,andLesseeherebyleasesfromLessor,thePremisesforthetermandsubjecttotheconditionssetforthinthisAgreement.
2.TermofLease
ThetermofthisAgreement(the"Term")shallcommenceontheEffectiveDateandshallcontinueforaperiodof[InsertNumber]years,unlesssoonerterminatedinaccordancewiththeprovisionsofthisAgreement.
3.Rent
LesseeshallpaytoLessoramonthlyrentof[InsertAmount](the"Rent"),whichshallbedueandpayableonthefirstdayofeachmonthduringtheTerm.TheRentshallbepaidtoLessorat[InsertLessor'sAddress]orsuchotherplaceasLessormaydesignateinwriting.
4.SecurityDeposit
LesseeshallpaytoLessorasecuritydepositintheamountof[InsertAmount](the"SecurityDeposit")withinten(10)daysaftertheEffectiveDate.TheSecurityDepositshallbeheldbyLessorassecurityfortheperformancebyLesseeofalltheterms,covenants,andconditionsofthisAgreement.UpontheexpirationorearlierterminationoftheTerm,LessorshallreturntheSecurityDeposittoLessee,orapplyittoanyamountsduefromLesseeunderthisAgreement,subjecttoanylawfuldeductions.
5.UseofPremises
LesseeshallusethePremisesonlyfor[InsertPermittedUse],andshallnotusethePremisesforanyotherpurposewithoutthepriorwrittenconsentofLessor.
6.MaintenanceandRepairs
LesseeshallkeepthePremisesingoodrepair,condition,andcleanliness,andshallpromptlymakeallnecessaryrepairs,atLessee'sexpense,tothePremises.LessorshallberesponsibleforthemaintenanceandrepairofthestructuralcomponentsofthePremisesandanyotheritemsspecifiedinExhibitBattachedhereto.
7.Insurance
LesseeshallmaintaininfullforceandeffectduringtheTermcommercialgeneralliabilityinsurancewithminimumlimitsof[InsertAmount]peroccurrenceand[InsertAmount]intheaggregate,andpropertyinsurancecoveringthePremiseswithareplacementcostvalueof[InsertAmount].LesseeshallprovideLessorwithcertificatesofinsuranceevidencingtherequiredcoverages.
8.TaxesandAssessments
Lesseeshallpayalltaxes,assessments,andothergovernmentalchargesleviedagainstthePremises,exceptforrealpropertytaxes,whichshallbepaidbyLessor.
9.SublettingandAssignment
LesseeshallnotsubletthePremisesorassignthisAgreementwithoutthepriorwrittenconsentofLessor,whichconsentshallnotbeunreasonablywithheld.
10.Default
IfLesseefailstopaytheRentwhendue,orotherwisebreachesanytermofthisAgreement,LessormaygivewrittennoticetoLesseespecifyingthedefaultandrequiringcurewithin[InsertNumber]daysafterthenoticeisgiven.Ifthedefaultisnotcuredwithinsuchperiod,LessormayterminatethisAgreementandrecoverpossessionofthePremises.
11.Termination
ThisAgreementmaybeterminatedbyeitherpartyupon[InsertNumber]days'writtennoticetotheotherparty,providedthattheterminatingpartyisnotindefaultunderthisAgreement.
12.HoldHarmless
Lesseeshallindemnify,defend,andholdLessorharmlessfromandagainstanyandallclaims,demands,suits,orjudgments,includingreasonableattorney'sfees,arisingoutoforrelatedtoLessee'suseoroccupancyofthePremises,excepttotheextentcausedbyLessor'snegligenceorwillfulmisconduct.
13.GoverningLaw
ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsoftheStateof[InsertState],withoutregardtoitsconflictoflawsprovisions.
14.Attorney'sFees
IntheeventofanyactionorproceedingtoenforceorinterpretthetermsofthisAgreement,theprevailingpartyshallbeentitledtorecoverreasonableattorney'sfeesandcosts.
15.EntireAgreement
ThisAgreementconstitutestheentireagreementbetweenLessorandLesseewithrespecttothesubjectmatterhereof,andsupersedesallpriorandcontemporaneousagreements,understandings,andnegotiations,whetheroralorwritten.
16.ModificationandWaiver
ThisAgreementmaynotbeamended,modified,orsupplementedexceptbyawritteninstrumentsignedbybothLessorandLessee.NowaiverofanyprovisionofthisAgreementorconsenttoanydeparturetherefromshallbeeffectiveunlessgiveninwritingandsignedbythepartyagainstwhomenforcementissought.
17.SuccessorsandAssigns
ThisAgreementshallbebindinguponandinuretothebenefitofthepartiesheretoandtheirrespectivesuccessorsandassigns.
18.Notices
Allnotices,demands,andothercommunicationsrequiredorpermittedhereundershallbeinwritingandshallbedeemedtohavebeendulygivenwhendeliveredpersonallyormailedby
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