CONTRACT OF SUB-LEASE

KNOW ALL MEN BY THESE PRESENTS:

This Agreement made and entered into by and between:

______________________, married/single ________________ both of legal age, Filipino with

residence and postal address at __________________________________________________,
hereinafter referred as the FIRST PARTY

AND

_____________________________ Filipino, Single with postal address at

_________________________________________________________________

WHEREAS the FIRST party by virtue of lease contract by _____________________________

business spaces at the parcel of land located at
________________________________________________________

WHEREAS the SECOND Party desirous of occupying business portion of ground floor, has
agreed to lease portion of the said building from the first party.

1. The floor area to be leased by the Second party shall be fifteen square meters (15sqm) more
or less.

2. The monthly rental shall be (_____________________)

________________________________________________________ payable each
month net of VAT with withholding tax starting ___________________-To
__________________________to be collected by the first party or authorized
representative from the Second part at the space subject of this agreement.

3. Upon signing of their contract the Second party shall pay the First Party in the amount of
_______________________________________________ representing advance payment
for 1 month and 2 months deposit net of Value Added tax delayed payment of rental for (5)
five days or more will cause for termination.

4. Should this contract be terminated and cancelled due to grounds for automatic termination
of the contract as enumerated above, the Second Party shall vacate the subject space
immediately upon notice in case said stall is occupied; in case of failure to occupy on time
said stall shall be leased to third party without prior notice. In case of abandonment the
First Party is unconditionally authorized to force open subject space and lease to the third
party; It is understood that whatever goods and valuables found inside the subject stall shall
become the property of the First Party;

5. The Second party further hereby agrees that;

a. The leased premises shall be used for agreed purposes only and shall be kept in the
same good tenantable condition;
b. No re-sublease is allowed to any third party without consent of the First party
c. The subject space shall be occupied on specified date and shall pay the rental
occupied or not;
d. The leased premises shall be kept in such conditions as they are at the beginning of
the term and shall be responsible for any damage in the same except those cause by
ordinary wear and tear or cause by force majeure;
e. No improvement shall be allowed without the written consent of the First Party;
f. In case of voluntary surrender of leased premises, the possession thereof, including
any fix alterations, additions and improvements shall be turned over to the First
party at no cost to the latter;
 g. No unlawful, improper or offensive use of the leased portion, including the illegal
or unethical practice of the profession shall be allowed;
h. The First Party is absolved from any illegal, criminal or civil causes to third parties
by virtue of the exercise of his profession in leased premises;
i. Full responsibility for any damage caused to the leased premises is assumed by the
Second Party;
j. The rules governing the use of water, electricity, toilet and other utilities inside the
business premises shall be strictly followed. Big user of electricity and water shall
apply for its own consumption from utilities firm concern;
k. The First Party is not liable for any loss of his merchandise or property in the leased
premises;
l. The First Party is always allowed to access to the leased premises for the purpose
of making repair, reading water and electric meters, or inspecting the same as may
be necessary;
m. No flammable, highly volatileor obnoxious chemical, or any similar materials,
except those which are indespensible in the exercise of his profession and only in
the reasonable quantity shall be stored or kept in the leased premises;
n. An additional one percent (1%) of the amount due per day of delay for failure to
pay monthly rental within the first Five (5) days of billing period shall be charged
to the Second Party;
o. Before 5pm of the last day of the expiration of the contract, she peacefully deliver
to the First party the leased premises, vacant and unencumbered and in such good
and ranantable order and condition without need of demand. Any delay in the
delivery of the leased premises shall subject to penalty each day of delay in favor
of the First Party; and
p. All fixed improvement shall become the property of the First Party in case of
contract termination.

6. First Party warrants;

a. The peaceful possession and use of the leased premises by the Second Part during
the existence of the contract, and
b. To make necessary repairs of the leased premises the same in serviceable condition
except those which are caused by negligence of the Second Party;

7. That drinking liquor and or entering the leased premises under the influence of liquor, and
gambling are prohibited;

8. The contract shall be in full force and effect for the period of twelve (12) months from
April 5, 2019 to April 5, 2020 except otherwise earlier terminated by agreement of the
parties or by other causes of termination as mentioned herein;

9. It is hereby mutually agreed that renewal may be allowed subject to new terms and
conditions agreed upon by the parties provided a written notice from the Second Party of
his intention to renew the leased premises at least one (1) month before the expiration of
the contract is received by the First Party; and

10. Any breach of the terms, conditions or covenants hereto stated shall give the First Party the
right to automatically terminate this contract.

11. The First Party has the right to cancel or rescind this contract unilaterally in the event the
Second Party fails to pay two (2) consecutive months rental, or when the Second Party fails
to comply with the terms and conditions herein without the need of judicial action. In case
of said cancellation or revision of this contract, the First Party is empowered to disconnect
water and electricity and take over the possession of the subject space without judicial
action.
 12. The First party is hereby appointed and constituted by the Second Party as Atty-in-Fact
with power and authority to remove the properties of the Second Party inside the unit, to
warehouse them elsewhere until the Second Party retrieve them the cost of which shall be
paid by the Second Part. If after One (1) month, the Second Party does not retrieve the
properties, SAID PROPERTIES shall become the property of the First Party.

IN WITNESS WHEREOF, we have hereunto affixed our signature this ___ day of
_______________, _______________, at Quezon City, Philippines

______________________________ ____________________________
First Party Second Party

____________________________
Marital Consent

SIGNED IN THE PRESENCE OF

_____________________________ _____________________________

ACKNOWLEDGEMENT

Republic of the Philippines ) S.S.

Quezon City )

BEFORE ME, a Notary Public in Quezon City this___ day of April 2019 appeared

___________________________________________________________

___________________________________________________________

Known to me and to know to be the same persons who executed the foregoing instrument and
acknowledged to me that the same are their free and voluntary act and deed.

WITNESS MY HAND AND SEAL, this ______________ day of _______________, at

__________________, Philippines.

Notary Public

Doc. No. ________

Page No. ________
Book No. ________
Series of 2019