RESIDENTIAL LEASE AGREEMENT

RESIDENTIAL LEASE AGREEMENT This lease Agreement is made on this _____ day of ____________ between Orawan Amartayakul Lim (hereinafter called the "OWNER") and ____________________________________hereinafter called the "TENANT"). 1. IT IS HEREBY AGREED AS FOLLOWS : A. The OWNER agrees to let and the TENANT agrees to rent the apartment situated at Room No. 9/112, Centric Scene, 9, Phaholyothin Road, Soi 9, Bangkok 10400 (hereinafter called the "PREMISES"), at a monthly rental of Baht ___________ (_____________________________________________ Only) From _________________ to ____________________ 2. THE TENANT AGREES AS FOLLOWS : A. To pay a deposit sum of Baht ____________(___________________________ Only) (hereinafter called the "Deposit") upon signing of this Agreement. This deposit will be refunded to the TENANT at the end of the term of this Agreement subject to the TENANT yielding up the PREMISES in good and tenable condition (ordinary wear and tear is allowed) and when the TENANT has settled all his electrical, water and telephone bills. B. To pay the rent for each month in advance not later than 3 days from the date that the TENANT move in, in this respect the date is set on the 2nd of every month commencing from the month of ______________, payment made after 3 days specified in this Agreement will be charged the late charge of 10% p.a. C. To care for and preserve the PREMISES as a normal person would do to his own property and to maintain the upkeep and also attend to minor repairs of the PREMISES. Usual wear and tear is excluded and damages caused by acts of God, fire, insurrection, war, etc., also excepted (except as Hereinafter provided). Minor repair is indicated to mean small repairs not exceeding Baht 1,000 (One Thousand Baht Only) each time. D. The TENANT agrees to promptly repair at his own expenses any damage to the PREMISES including but not limited to fixtures and furniture which may occur by reason of the TENANT’s negligence, including his family, his servants, invitees or guests. E. To use the PREMISES for dwelling purposes only. F. To pay all bills for electricity, telephone, internet and water consumed at the PREMISES during the tenure of this lease. G. To permit the OWNER or its agent to enter upon PREMISES for inspection at all reasonable times agreed to between the OWNER and TENANT. H. Not to make any change or addition to the PREMISES and its furniture, fixtures and fittings except with the written consent of the OWNER. If changes or additions are made with the written consent of the OWNER, the TENANT shall allow them to remain as they are and shall not cause them to be removed when vacating the PREMISES. I. It is expressly understood by the OWNER that any item belonging to the TENANT which is installed in the PREMISES may be removed by the TENANT at the termination of this lease. However such installation will not cause permanent damage to the PREMISES, TENANT will restore PREMISES to its original condition upon removal of such items. J. To exercise caution and to be responsible for his/her own person, his/her dependants or guests in the use of the swimming pool, fitness center and its surroundings, and all other facilities and common areas. K. The TENANT agrees also not to do nor permit to be done by his/her dependants or servants, on the PREMISES and its compound, anything that may become a nuisance or an interference with the quiet enjoyment of the neighboring PREMISES or other neighboring occupants during his/her tenancy and any renewal thereof. L. To be responsible for replacement of electric bulbs at the TENANT'S own expenses. M. The TENANT agrees to not subject part or whole of this PREMISES to another party without prior written consent of the OWNER. 3. THE OWNER AGREES AS FOLLOWS : A. To provide a monthly receipt of payment. B. To pay all land taxes, as well an any other form of tax levied against the PREMISES or the rental thereof, and to pay any insurance the OWNER deems necessary on the PREMISES. (The TENANT is to insure his/her own properties). C. To undertake repairs to the structure of the PREMISES, which may become necessary and any repair which cost more than Baht 1,000 (One Thousand Baht only) each time. Such repair will be made within a reasonable period of time upon notification. 4. IT IS HEREBY EXPRESSLY AGREED AND DECLARED BETWEEN THE OWNER AND THE TENANT AS FOLLOWS : A. That in the event of the PREMISES being destroyed or made untenable by acts of God, fire, insurrection, civil war, etc. this lease shall immediately become null and void and the TENANT, has no financial responsibility for any and all losses thereof, provided that such damages were not created deliberately or through the TENANT, his/her dependants or guests negligence. In such case the OWNER, shall promptly refund the TENANT all unused portion of rent paid and the deposit. B. If TENANT is transferred by Company the lease can be terminated. A letter from TENANT's firm will be furnished. If sixty days notice is given prior to vacating PREMISES, the OWNER will return a pro-rate amount of the original deposit given. If the TENANT does not give 60 days notice, the full amount of the deposit will be forfeited. C. The OWNER shall not be liable for any accident which may happen in connection with the PREMISES. D. That in the event of the termination of this lease, the TENANT along with his/her party or belongings will vacate the PREMISES within 2 days after the termination. E. Except specifically agreed in this agreement, the general principles laid down in the civil and commercial code of Thailand concerning Hire of property shall be applied. F. The following addendum outlines the changes, repairs and additions to the aforesaid property. This Agreement is made in duplicate with identical wording, both parties having read and fully understanding its contents, agree to comply with its terms and conditions. therefore, in witness hereof, both parties have hereunder affixed their signatures in the presence of witnesses on the date and at the place first above written, the OWNER and the TENANT each to keep one signed copy. The OWNER Name : __________________________ Signature : __________________________ Witness Name : __________________________ Signature : __________________________ The TENANT Name : __________________________ Signature : __________________________ Witness Name : __________________________ Signature : __________________________