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New York ase 4 EXHIBIT A MASTER LEASE AGREEMENT ereby consents to the foregoing Sublease Agreement. ____________________________________________________ __________________________________ (Name) Date: _____________________________ Commercial Suble_____________ (Position) Date: _____________________________ OTHER REQUIRED CONSENTS If no other consents are required check here [__]. The undersigned, ____________________________________________, h the Master Lease, hereby consents to the foregoing Sublease Agreement. LANDLORD: ____________________________________________________ ___________________________________ (Name) ________________________________ _________________________________ (Name) _________________________________ (Position) LANDLORD'S CONSENT If Landlord's consent is not required check here [__]. The undersigned, Landlord innd year first above written. SUBLESSOR: ___________________________________ ___________________________________ (Name) ___________________________________ (Position) SUBTENANT: _______________________l other relief. ADDITIONAL PROVISIONS (Specify "none" if there are no additional provisions) Commercial Sublease 3 IN WITNESS WHEREOF, the parties have caused this Sublease to be executed the day ablease. LEGAL FEES: In the event of any legal action by the parties arising out of this Sublease, the losing party shall pay the prevailing party reasonable attorneys' fees and costs in addition to aluently enforce and compel strict compliance with every provision of this Sublease. The acceptance of rent by Sublessor or Landlord does not waive Sublessor's right to enforce any provisions of this Suo time by providing notice as set forth above. WAIVER: The failure of either party to enforce any provisions of this Sublease shall not be deemed a waiver or limitation of that party's right to subseqce, if to Subtenant, at the Premises and if to Sublessor, to _____________________ _________________________________________________________________. Either party may change such addresses from time t2 NOTICE: Any notice required or otherwise given pursuant to this Sublease shall be in writing and mailed certified return receipt requested, postage prepaid, or delivered by overnight delivery servie signed by both Parties. GOVERNING LAW: This Sublease shall be governed by and construed in accordance with the laws of the State of __________________________________________. Commercial Sublease ere are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Sublease. This Sublease may be modified in writing and must brties. ENTIRE AGREEMENT: This Sublease constitutes the entire agreement between the Parties and supersedes any prior understanding or representation of any kind preceding the date of this Sublease. Th so limited. BINDING EFFECT: The covenants and conditions contained in the Sublease shall apply to and bind the parties and the heirs, legal representatives, successors and permitted assigns of the Paublease is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall be deemed to be construed asease. SEVERABILITY: If any part or parts of this Sublease shall be held unenforceable for any reason, the remainder of this Sublease shall continue in full force and effect. If any provision of this Sthe Master Lease. Furthermore, the Subtenant will comply with the terms therein and will avoid actions or inactions that would constitute a breach or default of Sublessor's obligations in the Master Lre hereby incorporated into this Sublease except for those provisions of the Master Lease that are directly contradicted by this Sublease, in which event the terms of this Sublease shall control over OBLIGATIONS UNDER MASTER LEASE: Subtenant acknowledges the receipt of a copy of the Master Lease, as attached hereto as Exhibit A. Subtenant agrees that all terms and conditions of the Master Lease at's intended use. If at any time during the term of this Sublease, in Subtenant's opinion, the conditions change, Subtenant shall promptly provide reasonable notice to Sublessor/Landlord (circle one).y, environmental aspects, and compliance with the requirements of the Americans with Disabilities Act) and acknowledges that the Premises are in good and acceptable condition and suitable for Subtenan: Subtenant or Subtenant's agent has inspected the Premises, the fixtures, the grounds, building and improvements (including but not limited to the electrical, HVAC and fire sprinkler systems, securitnant shall peaceably surrender the Premises to Sublessor or Sublessor's agent in good condition, as it was at the commencement of the Sublease, reasonable wear and tear excepted. CONDITION OF PREMISESons under this Sublease. POSSESSION AND SURRENDER OF PREMISES: Subtenant shall be entitled to possession of the Premises on the first day of the Sublease Term. At the expiration of the Sublease, Subtebe entitled to quiet enjoyment of the premises, and neither Sublessor nor Landlord will interfere with that right, as long as Subtenant pays the rent in a timely manner and performs all other obligatiase 1 any time in lieu of payment of rent. If Subtenant breaches any terms or conditions of this Sublease, Subtenant shall forfeit any deposit, as permitted by law. QUIET ENJOYMENT: Subtenant shall any balance. Subtenant shall not apply or deduct any portion of any security deposit from the last or any month's rent. Subtenant shall not use or apply any such security deposit at Commercial Subleed by Subtenant, Subtenant's family, agents or visitors to the Premises during the Sublease Term. However, Sublessor is not just limited to the security deposit amount and Subtenant remains liable fort shall deposit with Sublessor/Landlord (circle one), in trust, a security deposit of $__________ as security for the performance by Subtenant of the terms under this Sublease and for any damages causk of sufficient funds. BUSINESS TAXES: Subtenant shall pay all business taxes in respect of the business carried on in or upon the Premises. SECURITY DEPOSIT: At the signing of this Sublease, Subtenaner this Sublease is more than _____ days late, Subtenant agrees to pay a late fee of $________. INSUFFICIENT FUNDS: Subtenant agrees to pay the charge of $_____ for each check that is returned for laclord/Sublessor (circle one). If the Sublease Term does not start on the first day of the month or end on the last day of a month, the rent will be prorated accordingly. LATE CHARGES: If any amount und("Rent") each month in advance on the first day of each month at: _____________ __________________________________________________ (address for rent payment) or at any other address designated by Land_____ (begin date) and will end on ___________ (end date) (Sublease Term). LEASE PAYMENTS: Subtenant agrees to pay to Landlord/Sublessor (circle one) as rent for the Premises the amount of $_________ ____ ___________________________ ___________________________________________ [insert the complete address of Premises] (the "Premises") to Subtenant. SUBLEASE TERM: The Sublease will begin on ________ and WHEREAS, Sublessor and Subtenant wish to enter into this Sublease. NOW, THEREFORE, the Parties agree as follows: PREMISES: Sublessor hereby subleases the premises located at: ____________________tered into a lease agreement dated _________________ between the Sublessor and ___________________________ ("Landlord") for a term ending on ___________________________ (the "Master Lease Agreement");________ ("Sublessor") and _____________________ ________________________________________ ("Subtenant"). Sublessor and Subtenant may collectively be referred to as the "Parties." WHEREAS, Sublessor enddresses your specific situation. COMMERCIAL SUBLEASE AGREEMENT This Sublease Agreement ("Sublease") is entered as of _________________________, 20____ by and between ________________________________me familiar with the laws of their state and locality before entering into this type of arrangement. In addition, before using the form you should always consult with your attorney to ensure that it aso help the Sublessor justify any security deposit deductions, if warranted. Many states and localities also have different laws relating to commercial leases, so Sublessors and Subtenants should becoer before physical occupancy by the Subtenant or before the sublease is signed. Even if a state does not require a joint inspection, it is always a good idea to complete one. A joint inspection can alive their consent to a sublease, so it is best to handle the situation diplomatically. Some states also require that the Sublessor and Subtenant conduct an inspection of the premises to be rented eithther entities (e.g. a bank). Review your original lease to determine whether such consents are required. If they are, contact the parties. The law generally does not require that these other parties g tenant ("Sublessor") and the new tenant ("Subtenant"). Depending on your original lease, to perform a sublease you may also need the consent of the Landlord (the owner of the premises) and possibly oe term. A tenant my choose to sublease for a number of reasons including relocation of business, reduction of business size or other business reasons. A sublease agreement is made between the originalion Commercial Sublease Agreement A commercial sublease agreement is an agreement used by a tenant to sublease part or all of commercial property to another for a portion or the remainder of his leas should be consulted before negotiating any document with another party. The purchase and use of these forms is subject to the "Disclaimers and Terms of Use" found at findlegalforms.com -2- Informatadvice. These forms should only be a starting point for you and should not be used or signed before first consulting with an attorney to ensure that it addresses your particular situation. An attorneyenant may still request the disclosures and try to make them part of the sublease. Laws vary from time to time and from state to state. These forms are not intended and are not a substitute for legal at need to be included. Check with a real estate agent or attorney in your area to determine what additional disclosures, if any, are required in your state or locality. If not required by law, a Subtge that should be included in similar agreements. The laws in some states require additional written disclosures. Some cities and other municipalities may also have specific disclosure requirements the. Again, check your original lease to determine what consents it requires. Do not use this form if less than the entire premises are being sublet. -1- These forms contain the basic terms and languathis provision. If it does, you must have the Landlord sign and date the Sublease in the appropriate space. In addition, in certain cases other entities (e.g. banks) may need to consent to the subleasThe original lease between the Sublessor and the Landlord (the owner of the premises) may require that the Landlord consent to the Sublease. Check your original lease to determine whether it contains me states require that it be recorded. Recording a sublease would generally also require notarization. The parties should also investigate under what circumstances a sublease may need to be recorded. ncy by the Subtenant or before the Sublease is signed. Even if a state does not require a joint inspection, it is always a good idea to perform one. If a sublease exceeds a certain number of years, so and the Subtenant(s) should conduct a joint inspection before the beginning of the sublease. Some states require that such an inspection of the premises to be rented take place before physical occupaf there is one Sublessor and one Subtenant, two original Subleases should be executed (i.e. signed). The Sublessor should provide the Subtenant with a copy of the Master Lease Agreement. The Sublessor original Tenant) must sign the Sublease. The Subtenant (the new tenant) must sign the Sublease. Generally both the Sublessor and the Subtenant(s) each retain an original signed Sublease. Therefore, iInstructions & Checklist Commercial Sublease Agreement This package contains: (1) Instructions and Checklist for the Sublease; (2) Information about Subleases; and (3) The Sublease The Sublessor (the New York