Common use of Miscellanies Clause in Contracts

Miscellanies. 1. During the contract period any party want to terminate the contract should provide written report to the other party 3 months in advance, contract can stop after negotiated and agreed, but the party advise to stop contract should pay 3 months' rental fee as liquidated damages. 2. When contract expired and doesn't renew, Party B should restore the estate as standard and settle all the expenses, then Party A return the deposit to Party B in one time. If Party A restores the premises, the costs will be deducted from the deposit and Party B should pay the balance not covered. 3. Party B has priority to renew the rental contract with equal condition and should apply by written within six months before this contract expired. Both parties should sign the renewed contract. 4. Premises reconstruction during the rental contract period and the terms needs to be changed or the newly rental premises price, rental period and deposit etc. should further compromise with both parties. 5. Matters not covered in this contract will be supplemented according to <Contract Law of P.R.C.> after compromise with both parties; supplementary agreement has the same juristic force with contract. 6. For this contract, Chinese version is the standardized form with four copies, each party keep two copies with equal juristic force. Contract will be force into effective upon signed by representatives of each party.

Miscellanies. 1. During the contract period any party want to terminate the contract should provide written report to the other party 3 months in advance, contract can stop after negotiated and agreed, but the party advise to stop contract should pay 3 months' rental fee as liquidated damages. 2. When contract expired and doesn't renew, Party B should restore the estate as standard and settle all the expenses, then Party A return the deposit to Party B in one time. If Party A restores the premises, the costs will be deducted from the deposit and Party B should pay the balance not covered. 3. Party B has priority to renew the rental contract with equal condition and should apply by written within six months before this contract expired. Both parties should sign the renewed contract. 4. Premises reconstruction during the rental contract period and the terms needs to be changed or the newly rental premises price, rental period and deposit etc. should further compromise with both parties. 5. Matters not covered in this contract will be supplemented according to <Contract Law of P.R.C.> after compromise with both parties; supplementary agreement has the same juristic force with contract. 6. For this contract, Chinese version is the standardized form with four copies, each party keep two copies with equal juristic force. Contract will be force into effective upon signed by representatives of each party.. The Landlord (stamped) The Tenant (stamped) Legal Representative (signed) Legal Representative (signed) Date:2011___month___date Date:2011___month___date