< From: Gary S

From: Gary S. Gevisser

Sent: Wednesday, August 30, 2006 1:11 PM PT
To: Sue Walker - Risdonhosegood
Cc: rest; Dave Clark; Marie Dion Gevisser
Subject: Items to be included in "short lease" agreement with Dave Clark. My goal is to have the lease fully executed on September 1st and for both DC and you to provide your "best efforts" to achieve my goal.

 

1: Lease Term – 2 years beginning on the date of lease signing which is not subject to Lessee, Dave Clark receiving permission to begin trading from any authorities. Along with his signature DC is to pay a total of 3,900 pounds into Lessor, Gary S. Gevisser and Marie Dion Gevisser’s trust account at the law offices of RisdonHosegood, such monies representing the first 5 months and last month’s rent.

 

2: Base rent - 650 pounds a month due on the 1st of each month; the first payment following execution of the lease will be day 1 of month 6.

 

3: Percentage rent - 3.5% GROSS of all food and non-alcoholic drink sales. Should an alcohol license be obtained, both parties agree to be reasonable in working out a fair compensation for lessor.

 

4. Lessee is responsible for all expenditures relating to repairs, improvements, taxes and insurance covering all improvements above the fee including “loss of rents” insurance, naming lessor as beneficiary.

 

5. Lessee acknowledges that following the conclusion of the 24 month lease all improvements belong to lessor and the property is in good working order.

 

6. Lessor will agree to be reasonable in approving improvements so long as Lessee provides lessor with clearly laid out plans well in advance of construction start date.

 

7. Lessor has the right to inspect property at any time.

 

8. Lessee agrees to provide regular performance-sales reports within a reasonable timeframe.

 

9. Should there be a violation of the lease as it relates specifically to improvements done without Lessor’s approval, the lease will be invalidated and Lessee will have to immediately vacate the premises while responsible for, at a minimum, the base rent remaining under the terms of the lease agreement.

 

10. Lessor is relying on Lessee’s prior declarations that there is nothing about the Lessee’s past that will negatively impact his ability to operate Seacrest at its “highest and best use” which is should not be construed as encouragement by the Lessor for the lessee to create one of a kind opium dens in the living space of Ccrest.

 

Moreover, DC has provided Lessor in prior communications with his best understanding of the issues between himself and his current landlord, Enterprise Inns who to the best of the knowledge of both DC and Lessor, share no responsibility for the actions taken by the captain of the nuclear powered aircraft carrier Enterprise when rounding the Cape of Good Hope in mid-1964 on behalf of the DAAC United States Congress and DAAC Democrat President Lyndon Johnson paying homage to DeBeers-Anglo American Cartel co-founders-co-managing directors, American Charles Engelhard and Anglo Harry Oppenheimer,,, just seeing that you are paying attention.

 

Take care,

 

Gary

 

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