EXHIBIT 10.26
ELEPHANT & CASTLE GROUP INC.
LEASE ABSTRACT
1. PROJECT CLUB QUARTERS HOTEL, SAN FRANCSICO, CALIFORNIA
2. TENANT BC Restaurants, LLC
3. STORE AREA Approx 5,500 sf, excluding conference rooms
4. TRADE NAME Elephant & Castle Pub Restaurant
5. USE Operation of a full service casual dining restaurant,
additionally providing services in both club, meeting
and conference space(s) of hotel premises
6. TERM 10 years
7. TERM START March 26, 2003
DATE
8. TERM EXPIRY February 28, 2013
DATE
9. MINIMUM RENT Nil, exclusive of CAM, Taxes and insurance
10. EXTENSION None
PERIODS
11. PERCENTAGE 5% of Gross Proceeds from Banquet Services & guest
rooms
12. PREPAID RENT Nil
13. SECURITY
DEPOSIT None
14. INITIAL PRO- Nil
MOTION CHARGE
15. FIXTURING Nil
PERIOD
16. LANDLORD Battery & Clay Associates, LLC
ADDRESS C/O Masterworks Development Corporation
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
17. GUARANTOR None
18. PROPERTY
MANAGER ▇▇▇
19. LANDLORD TENANT Landlord to construct and fit out the premises
ALLOWANCE