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1) LOCATION: <br />6701 Highway 10, West side (old conference room,) Ramsey, MN. <br />2) SIDE: <br />The Conference room is approximately square feet <br />3) LEASE TERM: <br />Six (6) months; going month to month following this period <br />4) OCCUPANCY DATE: <br />On or before November 1, 2009 <br />5) BASE RENT: <br />Red Bobbon Sewing Salon will pay the following rent: <br />- <br />Months 1- 6 $50.00 gross <br />6) IMPROVEMENTS: <br />Building Owner will provide the following improvements to the <br />space: <br />1) Tenant will take the space as -is, however, all mechanical / <br />plumbing and lighting systems shall be properly operational. <br />2) Space shall be empty and in broom clean condition. <br />7) SECURITY DEPOSIT: <br />One (1) Month Gross rent due at lease execution. <br />8) 1 DUE: <br />First months gross rent due at Lease execution. <br />9) OPERATING COSTS: This is proposed to be a gross rent, therefore, no operating costs <br />shall be allocated to Tenant. <br />10) INSURANCE: <br />As required by the lease, to include liability and property <br />insurance. <br />11) USE: <br />Tenant shall be allowed to use the promises as an area to sew and <br />design costumes and similar materials, <br />12) SIGNAAGE: <br />None required. <br />Page 2 of 3 <br />