Office Lease Agreement
Exhibit 10.11
This agreement is made on December 2, 2023, between the following parties:
Lessor (hereinafter referred to as “Party A”)
Name/Company Name: Wisewing International Limited
Address: ▇▇/▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇
Contact Number: ▇▇▇▇-▇▇▇▇▇▇▇▇
▇▇▇▇▇▇ (hereinafter referred to as “Party B”)
Name/Company Name: Majestic Ideal Holdings Limited
Address: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇-▇▇▇▇
Contact Number: ▇▇▇▇-▇▇▇▇▇▇▇▇
Article 1: Lease Address
Party A agrees to lease the office located at ▇▇/▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ (hereinafter referred to as the “Leased Property”) to Party B for use.
Article 2: Lease Term
The lease term is three (3) years, from January 1, 2024, to December 31, 2026.
Article 3: Rent
The monthly rent is HKD 35,000 (Hong Kong Dollars Thirty-Five Thousand Only). The lessee shall pay the rent by the 7th of each month.
Article 4: Use of the Leased Property
| 1. | Party B shall use the Leased Property in accordance with the law, strictly for office purposes, and comply with all applicable laws, regulations, and property management rules. |
| 2. | Party B shall not sublease, assign, or use the Leased Property for any other purposes without prior written consent from Party A. |
Article 5: Maintenance of the Leased Property
| 1. | Party B shall be responsible for the daily maintenance and minor repairs of the Leased Property to ensure it remains in good condition. |
| 2. | Party A shall be responsible for structural repairs of the Leased Property, including the roof, walls, and floors. |
Article 6: Termination of the Agreement
| 1. | If Party B violates any provisions of this agreement, Party A has the right to terminate the agreement early and reclaim the Leased Property. |
| 2. | If Party A fails to fulfill its contractual obligations, Party B has the right to terminate the agreement early. |
Article 7: Other Terms
| 1. | Matters not covered in this agreement may be negotiated separately by both parties, and a supplementary written agreement may be signed. |
| 2. | This agreement is made in two copies, one for each party, and both copies hold equal legal effect. |
Signatures of Both Parties:
Party A (Signature/Seal):
Date: December 2, 2023
Party B (Signature/Seal):
Date: December 2, 2023