Exhibit 10.5
XXXXXX XXXXXX BROKERAGE B.V.
Xxxxxxxxxxx 0, 0000 XX Xxxxxxxxxxx
TELEPHONE-NUMBER 0000-000000
Fax-number 0000-000000
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RENT-AGREEMENT OFFICE-SPACE
AND OTHER BUISNESS-SPACE NOT EX ARTICLE 7A: 1624 BW
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According to the model established by the Board of Real Estate in february 1996.
Referring to this model is exclusively permitted, if the filled in, the added or
the deviated text is obviously as such recognizable. Additions and deviations
ought to be taken down by preference under the item "special definitions".
Liability for injuriously consequences of the use from the text of the model
will be excluded by the Board.
DRIEMARKWEG 1A WINTERSWIJK
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The undersigned
KROZENBRINK HOLDING B.V.
Established at 0000 XX XXXXXXXXXXX, XXXXXXXXXX 000
,here-after to be mentioned "lessor",
represented by XXX X.X.X. XXXXXXX
and
WAPRO B.V.
Established at 0000 XX XXXXXXXXXXX, XXXXXXXXXXX 0X
,here-after to be mentioned "tenant",
represented by SIR C.A.R. XXXXXXX AND XXX X.X.X.XXXXXXX
do agree with the following:
THE RENTED, DESTINATION, USE
1.1 This rent-agreement is related to the business-space, here-after mentioned
"the rented", THE GROUND LEVEL AND THE FLOOR IN THE PRODUCTION-/STORAGE-
ROOM OF THE SECURITY DRIEMARKWEG 1A AT WINTERSWIJK, TOTALLY LARG +/- 960 M2
1.2 The rented may be used exclusive as OFFICE/PRODUCTION-SPACE.
1.3 The tenant is not permitted to give an other destination at the rented than
defined in 1.2, without previously given permission in writing of the
lessor.
1.4 The highest admissible load of the floor(s) from the rented amounts to xxx.
ENNING RENT-AGREEMENT- following page - Xxxxxxxxxxx 0X - Xxxxxxxxxxx
CONDITIONS
2.1 Of this agreement are forming part of the general definitions
rent-agreement office-space and other business-space not ex article 7A:
1624 BW, filed with the registry of the court of justice at 's Gravenhage
on 29 february 1996 and registered there under number 34/1996, here-after
to be mentioned "general definitions". The contents of these general
definitions are known by both parties. The tenant received a copy of this.
2.2 The in 2.1 meanted definitions apply to, except for so far in this agreement
has been explicit deviated from that or application of that is not possible
with regard to the rented.
DURATION, EXTENSION AND TERMINATION
3.1 This agreement has been contracted for the duration of FIVE years, beginning
at 1 MARCH 1999 and running until 29 FEBRUARY 2004.
3.2 After expiring of the in 3.1 mentioned period, this agreement will be
continued for a connecting period of FIVE years, consequently until 28
FEBRUARY 2009. This agreement will be further continued for connecting
periods of FIVE YEAR, every now and then.
3.3 Conclusion of this agreement takes place by a notice just before the end of
a rental period with due of observance of a term from at least 12 MONTHS.
3.4 Termination ougth to occur by summons or by a registered letter.
3.5 Conclusion between times of this agreement is possible in a circumstance
as mentioned in 7 of the general definitions.
OBLIGATION OF PAYMENT, PERIOD OF PAYING
4.1 The obligation of payment of tenant consists of:
- The rental payment
- The over the rental payment indebted purchase tax as well as an amount
conform to it, similar and with due of observance of 15.2 and 15.3 of the
general definitions, at least if parties did agree a with purchase tax
loaded rental payment.
4.2 The rental payment amounts of f125.000,- on a yearly base.
Saying ONEHUNDREDTWENTYFIVETHOUSAND GUILDERS.
4.3 The rental payment will be adapted at first at 1 MARCH 2000, and so further
yearly on 1 MARCH, corresponding 4.1 up to and including 4.2 of the general
definitions.
4.4 The compensation for attendant deliveries and services will be defined
corresponding 12 of the general definitions. On this compensation will be
practised a system of advanced-payments with a settlement afterwards,
such as alleged there.
4.5 The payments to do by tenant to lessor are in one amount indebted by paying
in advance in successively periods of paying as represented in 4.6 and they
have to be received fully before or on the first day of the period on which
the payments relate to.
ENNING RENT-AGREEMENT- following page -Xxxxxxxxxxx 0X - Xxxxxxxxxxx
4.6 Per period of paying of ONE calendarmonth amount to
- the rental payment f10.416,67
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Totally f10.416,67
Xxxxxx THENTHOUSANDFOURHUNDREDSIXTEEN 67/100 GUILDERS.
In these amounts purchase tax are not included.
4.8 In view of the date of entranse of the rent, the first period of paying
relates to THE MONTH MARCH 1999 and is over this first period indebted
amount f10.416,67, the purchase tax is not included. The tenant will
settle this amount before or at 1 MARCH 1999, inclusively the charged
purchase tax over that.
PURCHASE TAX
5.1 All amounts mentioned in this agreement are exclusive purchase tax. The
tenant is indebted purchase tax over the compensation for attendant
deliveries and services. This also applies for the rental payment by taxed
hiring. The purchase tax will be charged by the lessor and ought to be
settled simultaneously along with the rental payment and the compensation
for attendant deliveries and services.
5.2 Parties do agree that xxxxxx does charge purchase tax over the rental
payment to tenant.
5.3 If so agreed that purchase tax will be charged over the rental payment,
than tenant grants herewith an irrevocable power of attorney to lessor and
its legal successor(s) to present a request also on behalf of him as meant
in article 11, term 1 sub B, 5o of the law on the purchase tax 1968
(option-request of taxed hiring). If requested he will also sign this
request within 14 days, after he received it from lessor for that purpose
and put it in receipt of lessor again.
DELIVERIES AND SERVICES (NOT APPROPRIATE)
6. If through or because of lessor to arrange attendant deliveries and services
parties do agree XXX
BANK-GUARANTEE
7. The amount of the under 8.1 of the general definitions meanted bankguarantee
amounts to f31.250,-+f5.468,75(VALUE ADDED TAX)=f36.718,75
Saying
THIRTYSIXTHOUSANDSEVENHUNDREDEIGHTEEN 75/100 GUILDERS.
ENNING RENT-AGREEMENT- following page - Xxxxxxxxxxx 0X - Xxxxxxxxxxx
MANAGER
8. Until lessor communicates otherwise, as manager appears XXX.
PARTICULAR DEFINITIONS
Thus drawn up and signed in TRIPLICATE
Place, date Place, date
(Lessor) (Tenant)
APPENDIX
- the general definitions
- the bank-guarantee as meant under 7
