Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, upon the terms and conditions set forth herein, that certain commercial premises consisting of approximately [Premises Square Footage] square feet, as depicted and more particularly described as [Premises Description/Location within Property] (the “Premises”).

The term of this Lease (“Term”) shall commence on [Commencement Date] and shall continue for a period of [Initial Lease Term, e.g., three (3) years], unless sooner terminated or extended as provided herein.

The Tenant shall have the option to renew this Lease for [Number of Renewal Terms] additional term(s) of [Renewal Term Length], provided Tenant gives Landlord written notice of its intention to renew no less than [Notice Period for Renewal] prior to the expiration of the then-current Term.

If Tenant remains in possession of the Premises after the expiration or earlier termination of the Term without the written consent of Landlord, such holding over shall be deemed to create a tenancy at sufferance on a month-to-month basis, subject to all provisions of this Agreement except as to Term and Rent, which shall be increased to [Holdover Rent Terms].

The Premises shall be delivered to Tenant in [condition of premises, e.g., “broom clean condition, free of tenants and occupants, and with all systems in good working order”] as of the Commencement Date.

Early entry by Tenant prior to the Commencement Date may be permitted solely for the purpose of installing furniture, fixtures, or equipment, subject to Landlord’s written consent and Tenant’s compliance with all obligations hereunder.

Landlord and Tenant agree that the square footage of the Premises set forth above shall be deemed conclusive for all purposes under this Lease, notwithstanding any subsequent measurement or determination to the contrary.

Tenant shall pay to Landlord as fixed annual rent, without deduction or setoff, except as expressly provided herein, the sum of [Base Rent Amount] per annum (“Base Rent”), payable in equal monthly installments of [Monthly Rent Amount] in advance on the first (1st) day of each month throughout the Term.

In addition to the Base Rent, Tenant shall pay to Landlord as additional rent all charges, costs, and expenses required to be paid by Tenant under this Lease, including but not limited to Tenant’s share of real estate taxes, insurance premiums, common area maintenance, and any other charges applicable to the Premises (“Additional Rent”).

All Rent and Additional Rent shall be payable at Landlord’s address set forth above, or at such other place as Landlord may designate in writing.

Any Rent or Additional Rent not paid within [Number of Days for Late Payment, e.g., five (5) days] after the due date shall bear interest at the rate of [Late Interest Rate, e.g., 1.5% per month] or the maximum rate permitted by law, whichever is less, from the date due until paid in full.

If Tenant fails to pay any monetary obligation under this Lease within [Number of Days for Notice of Default, e.g., ten (10) days] after written notice from Landlord, Landlord may, at its option, declare Tenant in default and pursue any remedies provided under this Lease.

Tenant shall provide Landlord with a security deposit in accordance with Section [Security Deposit Section], which shall not be deemed a prepayment of Rent or Additional Rent.

Landlord may, at its sole discretion, require Tenant to pay estimated monthly installments of Additional Rent, subject to reconciliation and adjustment at the end of each calendar year based on actual costs incurred by Landlord.

Upon execution of this Agreement, Tenant shall deposit with Landlord the sum of [Security Deposit Amount] as security for the full and faithful performance of every obligation of Tenant under this Lease (“Security Deposit”).

The Security Deposit shall be held by Landlord, without liability for interest, as security for the performance by Tenant of all terms, covenants, and conditions of this Lease and for the payment of all Rent and other sums due hereunder.

Landlord may, but shall not be required to, apply all or any portion of the Security Deposit to the cure of any default of Tenant, including the payment of Rent, Additional Rent, or the repair of any damage to the Premises caused by Tenant. If Landlord so applies any portion of the Security Deposit, Tenant shall promptly restore the Security Deposit to the full amount required hereunder.

The Security Deposit, or the balance thereof after deduction of amounts due Landlord, shall be returned to Tenant within [Number of Days, e.g., thirty (30) days] after the expiration or earlier termination of this Lease and surrender of the Premises by Tenant in accordance with this Agreement.

The Security Deposit may not be assigned or encumbered by Tenant, and any attempt to do so shall be void and shall not be binding upon Landlord.

In the event of any sale or transfer of Landlord’s interest in the Premises, Landlord may transfer the Security Deposit to the transferee, and upon such transfer and notice to Tenant, Landlord shall be released from all liability for the return of such Security Deposit.

Tenant waives the right to require Landlord to segregate the Security Deposit from other funds or to place it in a separate account.

The Premises shall be used and occupied solely for [Permitted Use, e.g., “general office purposes, and for no other purpose”] and for no other business or activity without the prior written consent of Landlord, which consent shall not be unreasonably withheld.

Tenant shall not use or permit the Premises to be used for any illegal or unlawful purpose, or in any manner that would constitute a nuisance, annoyance, or danger to Landlord, other tenants, or neighboring properties.

Tenant shall not permit the generation, storage, use, or disposal of any hazardous or toxic substances upon the Premises except in compliance with all applicable laws, and only in the ordinary course of Tenant’s permitted business.

Tenant shall not make any use of the Premises that would increase the cost of insurance or cause the cancellation of insurance on the Premises or the building in which they are located.

No auction, fire, bankruptcy, or other distress sales shall be conducted in or from the Premises without Landlord’s prior written consent.

Tenant shall not make any structural alterations or additions to the Premises, nor install any exterior signage, awnings, or other projections without Landlord’s prior written approval.

Tenant shall comply with any rules and regulations reasonably established by Landlord concerning the use, operation, and maintenance of the Premises and common areas, provided such rules are uniformly applied to all tenants.

Tenant shall, at its sole cost and expense, keep and maintain the Premises (including all improvements, fixtures, and appurtenances) in good order, condition, and repair, reasonable wear and tear excepted.

Landlord shall be responsible for the maintenance and repair of the structural elements of the building, including the foundation, roof, and exterior walls, unless any damage is caused by Tenant or its agents, employees, or invitees, in which event Tenant shall be responsible for such repairs.

Tenant shall promptly make all non-structural repairs and replacements necessary to keep the Premises in a safe, clean, and tenantable condition, including the maintenance of all plumbing, heating, ventilation, air conditioning (HVAC), electrical, and lighting systems exclusively serving the Premises.

Tenant shall not commit or allow any waste or damage to the Premises and shall promptly repair any injury or damage caused by Tenant, its employees, agents, or invitees.

No alterations, improvements, or additions to the Premises shall be made by Tenant without the prior written consent of Landlord, which consent may be subject to reasonable conditions and requirements, including the submission of plans and specifications.

All alterations and improvements made by Tenant, whether with or without the consent of Landlord, shall become the property of Landlord upon termination of this Lease, except for movable trade fixtures and equipment, which shall remain the property of Tenant provided Tenant removes them and repairs any damage upon surrender of the Premises.

Tenant shall, at Landlord’s request, remove any alterations or improvements installed without Landlord’s consent and restore the Premises to their original condition at Tenant’s expense.