Office Lease Agreement

This Office Lease Agreement is between a landlord and a tenant, and it contains all the

essential language for executing a lease agreement. This document allows the parties

to customize the price, terms, and conditions for leasing out the property as office

space, or for leasing an office from a landlord. This document in its draft form contains

numerous of the standard clauses commonly used in these types of agreements;

however, additional language may be added to allow for customization to ensure the

specific terms of the parties' agreement are addressed. This document can be used by

a landlord or tenant to ensure that any agreement for a lease is clearly laid out and well-

documented.

OFFICE LEASE AGREEMENT



This Office Lease Agreement (this “Lease”) is hereby entered into as of the ____ day of

_____________, 20__ (the “Lease Date”) by and between ____________________, with its

principal place of business located at __________________________________ (“Landlord”)

and _________________, with its principal place of business located at

__________________________ (“Tenant”).



RECITALS



WHEREAS, Landlord warrants and represents that it owns that certain Parcel of land

located in the City of ________________, County of __________ (the “Parcel”) and the office

building located on said Parcel commonly referred to as _________________ (the “Building”);

and



WHEREAS, Landlord wishes to lease to Tenant, and Tenant wishes to lease from

Landlord, under the terms and conditions of this Lease, approximately ___________ (___)

square feet of office space in the Building;



NOW, THEREFORE, in exchange for the mutual promises herein contained, each of

Landlord and Tenant hereby agree to the terms and conditions set forth below:



TERMS



SECTION I. THE PREMISES



Landlord hereby agrees to lease to Tenant, and Tenant hereby leases from Landlord, the

following described premises, together with the right in common with other tenants to use any

other portions of the Parcel and Building that are designated by Landlord for the common use of

tenants and others, such as sidewalks, unreserved parking areas, common corridors, elevator

foyers, restrooms, vending areas, and lobby areas (the “Common Areas”):



_______ (___) square feet of floor space on the ____ floor of the Building, as

outlined in red in Exhibit “A” attached hereto, more commonly known as Suite

_______ (the “Premises’), which floor space shall be finished and improved (the

“Tenant Improvements”) in accordance with the plans and specifications attached

to this Lease as Exhibit “B” (the “Work Letter”).



SECTION II. TERM



The term of this Lease shall commence on the date of occupancy of the Premises by

Tenant following substantial completion of the Tenant Improvements (as defined and described

in the Work Letter), and shall continue for a period of ______________ (__) years thereafter,

unless sooner terminated as provided for in this Lease.









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A. Upon substantial completion of the Tenant Improvements, Landlord shall provide

written notice of same to Tenant, who shall then inspect the work and provide a

punch list of any deficiencies in construction.



B. Upon rectifying the deficiencies, Landlord shall provide notice of final

completion to Tenant, and Tenant shall verify such completion within ___ (__)

business days of such notice.



C. Upon verification that the Tenant Improvements have been completed in

substantial conformity with the Work Letter, Tenant shall so specify in writing,

and Tenant shall take occupancy of the Premises within ___ (__) days of such

verification.



D. Landlord and Tenant shall execute a memorandum in writing specifying the

actual date Tenant occupies the Premises (the “Commencement Letter”).



SECTION III. POSSESSION



Landlord promises provide Tenant with peaceful possession of the Premises to Tenant,

upon payment of all sums referred to herein as being payable by Tenant, Tenant’s performance

of all Tenant’s agreements contained herein, and Tenant’s observance of all rules and

regulations. Tenant, by taking possession of the Premises, acknowledges that the Premises are in

satisfactory and acceptable condition.



SECTION IV. USE



Tenant shall use the Premises for general office use, and shall not use or permit the

Premises to be used for any other purpose.



SECTION V. COMPLIANCE WITH LAWS



Tenant agrees to observe all laws and governmental regulations applicable to its use of

the Premises, together with all reasonable rules and regulations that may be promulgated from

time to time by Landlo