Occupancy Agreement

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Occupancy Agreement

THIS AGREEMENT made as of [Date of Agreement (ie. July 1, 2002)] between [Name of
Occupant] (the "Occupant") of [Address of Occupant] and [Name of Provider] (the "Provider")
of [Address of Provider].

WHEREAS:

(A) Provider is the owner of the premises municipally described as [Municipal Address of
Entire Premises];

(B) Occupant desires to occupy and use a portion of such premises more particularly
described as [Describe the Portion of the Premises to be used by Occupant] (the
“Premises”);

NOW THEREFORE in consideration of the mutual covenants and agreements hereinafter


contained, and for other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties agree as follows:

1. Provider hereby grants to Occupant, exclusive use of the Premises, together with non-
exclusive use of all common areas currently occupied by Provider.

2. Provider also agrees to provide the following additional resources to Occupant:

(a) reasonable use of Provider's boardrooms and meeting rooms on an as needed


basis;

(b) use of the existing furniture located on the Premises;

(c) two telephone handsets one (1) located in the office, and the other handset located
at the secretarial area together with access to the existing voice mail system;

(d) individual (DID) numbers allocated for each of the office, secretarial area and a
fax outlet;

(e) allocation of space on the server for the purposes of networking the office and
secretarial area; and

(f) Internet and email access.

3. Occupant will, at its own expense, have signage on the door off the lobby leading toward
the Premises.

4. In consideration of the above-noted services, Occupant agrees to pay to Provider a


monthly fee of [Monthly Fee (ie. $1,200.00)], payable in advance on the first day of each
month.
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5. Occupant agrees to reimburse Provider for all supplies and other resources of Provider
consumed by Occupant, including but not limited to telephone and fax line charges,
online services, stationary, and similar items.

6. The term of this Agreement shall be for an initial period of [Term in months (ie. 12)]
months commencing [Commencement Date of Term] and thereafter shall be deemed to
be automatically extended on a month to month basis with either party being entitled to
terminate this Agreement on sixty (60) days prior written notice to the other.

7. This Agreement shall not be construed or interpreted as a lease or sublease of the


Premises.

IN WITNESS WHEREOF the parties hereto have executed this agreement as of the date first
written above.

Witness [NAME OF PROVIDER]

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