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Lease agreement

1.1 Tbilisi
Date: __________

1.2 On the one hand, __________ P/N __________ (hereinafter - the Lessor) and
on the other hand, __________ P/N __________ (hereinafter the
Lessee) collectively referred to as the "Parties" and individually as a "Party" enter into this
agreement on the following:

(Note: If the lessor or the lessee is a legal entity, then the address, identification number, name and
surname of the representative natural person and personal number are indicated).

1. Subject of the Agreement

According to this agreement, the Lessor transfers his/her own premises located in:
, I/C [hereinafter "Premises" or "Object of Lease"] for temporary use and possession
to the Lessee in exchange for appropriate compensation.
1.3 The right of ownership of the Object of Lease is confirmed by the real estate extract of the
National Agency of the Public Registry of the Ministry of Justice of Georgia.
1.4 The purpose of the transfer of the Object of Lease is a place of residence.
1.5 The Lease starts and the the Subject of Lease is handed over to the Lessor from __________ .

2. Agreement amount and payment method

1.6 2.1 The amount of monthly rent is __________ equivalent to GEL, payment is made in
GEL, at __________ rate.

2.2 Upon signing this agreement, the Lessee pays 2 (two) months' rent, which will be included in the
first and last month's rent bill.

1.7 2.3 Rent is paid until __________ of each month.

2.4 Rent payment is made by (non-cash/cash) settlement method.


2.5 The amount of lease can be changed based on the additional written agreement of the parties.

3. Rights and obligations of the parties

3.1. Lessor is authorized:

3.1.1 To demand the timely payment of the lease rent provided for in this agreement;

3.1.2 To periodically visit the premises after prior notice to the Lessee.

3.2 Lessor is obliged:


3.2.1 To hand over a legally and materially flawless premises to the Lessee.

3.2.2 In case of discovery of a substantial defect in the leased premises, which makes it difficult
and/or impossible to use the object of Lease for its intended purpose, to immediately correct it at
his/her own expense or to reduce the rent to the lessee by the amount necessary to correct the defect.
Minor defects are not taken into account.

3.2.3 To reimburse the Lessee for necessary expenses incurred on the premises.

3.3. Lessee is authorized:

3.3.1 To demand the transfer of the space to him/her within the period agreed by the parties

3.3.2 To pay the necessary expenses for the premises and to request reimbursement of these expenses
from the Lessor.

3.4. Lessee is obliged:

3.4.1 Not to remodel or reconstruct the rented premises without the consent of the Lessor.
3.4.2 Not to carry out internal repair/cosmetic-repair works of the premises without the consent of
the Lessor.
3.4.3 To compensate the Lessor for any damage caused to the Object of Lease as a result of the action
of the Lessee.
3.4.4 To pay all utility bills (electricity, gas, cleaning, water).
3.4.5 Not to sublease the rented premises or its part to third parties without the consent of the Lessor.
3.4.6 To take care of the space and return it to the same condition in which it was given by the
Lessor, taking into account natural wear and tear during use.
3.4.7 To compensate the damage caused to third parties as a result of his/her use of the space.

4. Inventory of movable items in the space [at the moment of signing the agreement]

4.1. All the necessary items.


4.2. The Lessee’s obligations specified in this agreement fully apply to movable items.

5. Term of validity of the agreement and termination procedure

1.8 5.1 This agreement is valid from the date of signing by the parties and is valid from
__________– to__________ .

5.2 This agreement can be terminated in the following cases:


5.2.1 upon expiry of the agreement.
5.2.2 by mutual agreement of the parties at any time.
5.2.3 The Object of Lease has become unfit/inappropriate for the intended use.
5.2.4 The Lessor has the right to terminate the agreement before the deadline without incurring any
additional obligations in the following cases:
5.2.4.1 If the monthly rent payment term defined by the agreement is overdue by more than 10 days.
5.2.4.2 If Lessee intentionally or negligently deteriorates the condition of the Object of Lease.
5.2.4.3 If the Lessee violates/will violate any of the obligations stipulated in this agreement and does
not eliminate this violation within a reasonable period of time limited by a warning.
5.2.5 The Lessee has the right to terminate the agreement before the deadline without incurring any
additional obligations in the following cases:
5.2.5.1 If the Lessor violates the obligations under the agreement.
5.2.5.2 If the Lessee's right to use the rented object is restricted due to the Lessor's culpable action.
5.3 The Lessee has the right to terminate the rental agreement on the basis of a notice sent 2 months
in advance.
5.4 In other cases established by the legislation of Georgia.
5.5 Obligations [including financial] arising before the termination of the agreement are subject to
performance.

6. Responsibility of the parties

6.1 The parties are responsible for non-fulfillment or improper fulfilment of their obligations in
accordance with the law.

6.2 If the reason for terminating the contract is the Lessee's non-fulfilment of obligations, the Lessee
shall be liable for a termination fee in the amount of one month's rent.

6.3 In case of overdue rent payment, the Lessor has the right to request the Lessee to pay the rent -
0.1% of the unpaid amount for each overdue day.

7. Force majeure

7.1 The parties are released from responsibility for full and partial non-fulfillment of obligations in
the event of force majeure, during which it is impossible to fulfill the obligations provided for in this
Agreement.
7.2 "Force majeure" means circumstances that did not exist at the time of the conclusion of this
agreement and the occurrence and impact of which the parties could not avoid and overcome,
namely: floods, earthquakes, war and hostilities, actions of government bodies, related to the
adoption and amendment of legislative acts, which worsen the legal status and regime of the subjects
of this Agreement.
7.3 If any of the circumstances mentioned above directly affected the terms of performance of the
obligations under the agreement, then these terms will increase proportionally during the validity of
these circumstances.
7.4 The party, for whom it became impossible to fulfill its obligations due to the occurrence of force
majeure circumstances, is obliged to inform the other party immediately, but not later than 7 (seven)
days after the occurrence of these circumstances, in writing, by e-mail, social network or by phone
message. In the event of non-notification and/or late notification, he/she loses the right to rely on the
existence of force majeure circumstances as a basis for exemption from liability.
7.5 The facts indicated in the notice must be confirmed by the competent authority. Confirmation is
not required if the said facts are known to the public.

8. Final Provisions

8.1 Dispute The dispute arising between the parties is resolved by mutual agreement. In case of
failure to reach an agreement, the court will consider the dispute in accordance with the current
legislation of Georgia.
8.2 Ammendments and Additions Any ammendments and additions to this Agreement are made
based on the written agreement of the parties.
8.3 Those relations related to lease, which are not regulated by this agreement, will be regulated in
accordance with the current legislation of Georgia.
8.4 The agreement is drawn up in two copies with equal legal force and is kept with the parties.

Lessee : Lessor:

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