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-And-
HEALTH MED ENTERPRISES, a company duly organized and existing under the
laws of the Philippines, with office address at RM 206, Jesever Bldg., Fuente Osmea
Cebu, City, represented in this act by ________, its ______ hereinafter referred to as
SUB-LESSEE.
-WITNESSETH -
1. THE LEASED DESK SPACE/ PREMISES: It is understood that the leased desk space
shall be good for ONE person only.
2. THE MONTHLY RENTAL: The SUB-LESSEE shall pay unto SUB-LESSOR without
need of any demand the agreed monthly rental fee of SIX THOUSAND PESOS
(Php 6,000.00) every 27th day of the month. The rent is payable to
_________________________________ Prior to occupying desk space, two (2)
months deposit and two (2) months advance rental equivalent to such monthly
rental fee shall also be paid unto the SUB-LESSOR. In case of delay in the
payment of monthly rentals, a surcharge of three (3%) percent per month or
fraction thereof computed from the 30th day of the current month of delay shall
be added and paid by the SUBLESSEE without prejudice to the other penalties
and rights of the SUBLESSOR as provided for herein. The said deposit or any
excess after deducting any such unpaid utility bills shall be refunded by the
SUBLESSOR to the SUBLESSEE upon expiration, termination, or cancellation of
the Sublease Agreement as provided for herein, unless there are any unpaid
rents, interests, or penalties, in which case SUBLESSOR shall have the right to
offset this deposit or any excess thereof against such unpaid obligations.
SUBLESSEE, however, has no right to off-set this deposit against any unpaid
rentals.
5. WATER, ELECTRICITY, LIGHT AND OTHER UTILITY SERVICES. The SUBLESSEE shall
pay 50% the cost of water consumption, electric, telephone, or other utility
services on the subleased premises.
IN WITNESS WHEREOF we have hereunto affixed our signature this ____ day of
October, 2017 at the ________________________________.
_____________________________ _____________________________
Representative Representative
__________________________ ____________________________
ACKNOWLEDGMENT
BEFORE ME, a Notary Public for and in the City of Cebu, personally appeared:
Known to me and to me known to be the same persons who executed the foregoing
instrument and acknowledged to me that the same are their free act and voluntary
deed.
This instrument, consisting of _______ (__) pages, including the page on which this
acknowledgment is written, has been signed on the left margin of each and every page
thereof by the concerned parties and their witnesses, and sealed with my notarial seal.