Kingdom of CambodiaNation, Religion, KingLease AgreementThis Lease Agreement is hereby entered into between Party A (Landlord / Co-Owner) and Party B (Tenant), who shall collectively be known herein as the Parties.Landlord / Co-Owner Name:Herein after referred as to Party AHead Tenant Name: China National Aero-technology international Engineering Corporation which represented by Mr. XIE FUKANG, Sex: Male, Passport No: G3*******Herein after referred as to Party BWhereas:A. Party A is the Officer Owner of Building No.777, St. Kampucheakrom (128), Sangkat Toek Laok 1, Khan Toulkort, Phnom Penh, Cambodia and agrees to Lease to Party B the Building floor 2th.B. The Term of the lease shall be 1 year and shall commence on 2-June-16 and terminate on 1-June-17C. Party A and Party B agree to lease the 2ed floor Unit within the Building for office purposes only.This Lease Agreement between Party A and Party B Co vers the Following Articles:Article 1: Definitions:In this Agreement:“Term” means the period of this Agreement which shall be from the commencement date to the termination date of this Lease Agreement (for greater certainty, this period shall include both the commencement date and the termination date as set out herein).“Extension” means an option of extension to this Lease Agreement to mutually agreeable terms and conditions outlined in this agreement. “Contents” means all furniture, furnishings and other items set out in the Inventory List attached to this Lease Agreement.Article 2: Rental FeeRental accommodation fee USD $1,600.Party B agrees to pay $1,6000 (US Dollars) per month to party A (Exclude WHT10%).The one year Rental Fee is due pay at once after sign the contract.If Party B makes late payment of the Rental Fee beyond seven (7) days or more after received invoice from Party A, Party B shall on demand made by Party A, become accountable to pay interest on all arrears at the rate of ten percent (10%) of rental fee per month, calculated from the date on which any outstanding amounts became due for payment, until the date of actual payment.Any renewal of this agreement will be based up on open and forthright negotiations between Party A and Party B that shall be calculated through bench marking open market rental rates. The ultimate authority to renew this lease agreement and any Rental Fee associated with any such renewal exists with Party A only.Article 3: Lease Agreement ExtensionParty B shall inform Party A about an intention to extend the Lease Agreement at least (two) 2 month befo re the specified termination date as stated in this Lease Agreement, and Party A shall at his/her own discretionagree or disagree on this request.Article 4: DepositUp on signing of this Lease Agreement by both Parties, Party B shall pay Party A the security deposit with amount of US$ 3,000 (Three Thousand US Dollars Only).The Deposit shall not be used to pay for rental fee, but will be refunded to Party B at the end of the Term as set -out herein. In the event that Party B cannot continuously rent or terminates renting during the Term of this Lease Agreement, This deposit money shall be forfeited by Party B.At the termination of this Lease Agreement, if any damage to the structure of the Premises or Building or the fixtures, furnishings or contents of the Premises exists, as a result of undeliberate or deliberate actions of Party B, then Party B is responsible to reinstate the Premises In any such case, Party B shall restore the Premises and/or Building as requested by Party A .Article 5: Landlord's ResponsibilitiesParty A shall be obliged to:(a) Transfer the Premises and its equipment, fixtures and fittings (as set out in the Inventory List) to Party B on the commencement day when this Lease Agreement becomes effective;(b) Ensure the right of private and use and peaceful enjoyment of the Premises for Party B;(c) Promptly repair any damage and/or structural defects to the Premises upon the reasonable request of PartyB; and(e) Provide guidance to Party B in complying with the Building Rules and Regulations on signing of the LeaseAgreement by both parties.Article 6: Tenant's ResponsibilitiesParty B shall be obliged to:(a) To pay the Rental Fee and other charges on time.(b) To pay the Utilities Bill on time. In case Tenant make late payment beyond (30) days after received the Invoice.(c) To use the Premises for office purposes only and comply with all Articles of this Lease Agreement and, if the Tenant wishes to repair or improve the Premises to meet the Tenant's requirements.(d) To bear responsibility for any damages; for the loss or damage of any internal equipment and facilities caused by Party B, guests or any persons under the responsibility of Party B; for any damage caused to any third party during the Term; and for keeping safe its valuables and personal property;(e) To comply with the Buildings Rules and Regulations and general security and safety.Article 7: ServicesParty A shall be responsible for the Management Service and Common Area Utility Costs that provides for garbage collection, security, cleaning (Public Area in De Castle Royal), car parking services, mechanical, electrical and equipment maintenance and common area services throughout the building but not including the private area inside the premises.Party B shall be responsible for the payment of private utility usage within the Premises relating to electricity and water consumption according to the bills provided from meter readings by the Property Managemen t Agent during the Lease period, at the following rates: (subject to the rules and regulations of the Building)1. Electricity: 0.25 USD / Kwh2. Water: 0.35 USD / m3Payment shall be made to the Property Management Company (G PROAV Co, Ltd.) located on the 4th floor of theBuilding at the Property Management Office.Party B is responsible for all costs and charges for services and utilities consumed that are not included as inclusive withi n thisLease Agreement as part of the Rental Fee. Party B shall be directly responsible to the utility companies, service providers andor the Property Management Company for payment of such services or utilities consumed by Party B.Party B is responsible for any outstanding payments remaining at the date of terminati on of this Lease Agreement for services or utilities enjoyed by Party B during the Term. Party A reserves the right to collect such overdue payments from Party B up to six (6) weeks after the termination date of this Lease Agreement.Article 8: Interior DecorationParty A agrees with Party B to add more furniture, personal items etc and decorate the interior but Party B shall not in any way damage or change the Premises in any permanent way. Party B shall be responsible for the Premises. In the event of any loss or damage to the Premises by Party B, Party B shall fairly and reasonably compensate Party A.Article 9: Reinstatement – Return to Original ConditionAt the expiration of this Lease Agreement or earlier as mutually agreed by both Parties, Party B shall return the Premises to the original condition of the commencement date of this Lease Agreement, subject to normal wear and tear. Party B shall deliver u p to the Landlord the Premises including the Landlord’s fixtures and fittings therein in good repair and condition (fair wear and tear excepted) and shall be responsible at its own cost for the reinstatement of the Premises to the satisfaction of Party B.Article 10: ParkingParty B is entitled to two car parking space at the Building at the discretion of Party A (subject to the internal parking rules and regulations of the Building).Should Party B be provided with one car parking space, Party B shall inform the Property Management Agent of the vehicle information including type, color and Registration number (following the internal parking rules and regulations of the Building).(One car parking space may be exchanged for two motorbike or scooter parking passes )Article 11: Moving-In and Moving-OutParty B shall give notice of moving-in and moving-out times and dates to the Property Management Agent at least one(1)Week prior to the intended date.(2)Article 15: Access to PremiseParty B shall occupy the Premises for residential purposes only, however, possession of the premises is retained by Party A who shall be provided unrestricted access to the premises given Party A provides Party B forty eight (48) hour’s written noti ce. Party B cannot unreasonably refuse to provide access to Party A or his/her authorized representatives provided forty eight (48) hours prior written notice has been provided.Article 12: Illegal or Immoral ActivitiesParty A will be not responsible for any illegal acts of Party B and Party B is fully responsible for its own actions in front of Cambodian Law.Party A and the Property Management Agent reserve the right to take legal action, involve the relevant authorities, restrict access and evict any parties undertaking illegal or immoral activities at the Premises or Building, including, but not limited to the; consumption, preparation or selling of illegal drugs, items or materials; solicitation or involvement of sex with minors ; illegal gambling activities or any other illegal or immoral activity. Article 13: TerminationThis Agreement shall terminate in the following cases:(a) The Term has expired on 1-June-2017(b) The Premises are destroyed or demolished according to the decisionof a competent Authority;(c) There has been a material breach or non-performance or non-observance of any of the Articles obligations, conditions or agreements (including the non-payment of rent) contained in this Lease Agreement on the part of the Tenant;(d) If unauthorized person/s are found to be permanently residing within the Premises;(e) The Tenant is transferred or removed from Cambodia or refused permission by the Cambodian Government to reside in Cambodia;(f) Building Rules and Regulations are broken on either three occasions or one occasion amounting to a material breach.Article 14: Dispute ResolutionIn the event that any disputes occur involving the Lease Agreement, both parties shall resolve such disputes in a peaceful manner with respect for the laws of the Kingdom of Cambodia.Article 15: Governing LawThis Agreement shall be governed by and construed in accordance with the laws of the Kingdom of Cambodia and each party agrees to submit to the non-exclusive jurisdiction of the courts of Phnom Penh as regards any claim or matter arising under this Agreement which cannot be peacefully resolved.Article 16: IndemnityThe tenant agrees to indemnify and keep Party A and the Property Management Company indemnified against all actions, proceeding, costs, claims, demands, damages, losses or expenses or other liability in respect of the use or occupation of the Premises or any breach or non-observance by Party B of the terms of this Agreement or any other act or default of Party B its employees, agents, guests or invitees in the Premises.Article 17: DisclaimerNeither party shall be responsible for any loss, accident or damage sustained at or originating from the Building, nor shall make any claim against the other party for non-performance of its obligations hereof due to a force majeure event (a force majeure event is any event beyond the reasonable control of a party including earthquake, fire, flood, storm, epidemic, national emergency, war, hostilities, riot, civil commotion.Article 18: Counterparts & SigningThis Agreement is made in English and Khmer. Party A, Party B shall each keep one copy of this Lease Agreement.。