【正文】 oth Parties in the Handover Letter of Commercial Housing as per the actually measured building area space. (Refer to Article of the Supplemental Provisions for details)The aforesaid rate of rent remains unchanged for a period of (Year/Month), which may be subject to adjustment from time to time by both parties hereto from (year/Month) through mutual friendly negotiation, matters concerning such adjustment to be contracted between both parties in the Supplemental Provisions hereto. The said rent shall be payable by Party B to Party A prior to the day of each month. Party B is obliged to pay a penalty to Party A at the rate of % of unpaid rent for each delayed day. (Refer to Article and Article of the Supplemental Provisions for details)43 The rent shall be paid by Party B according to the following payment schedules: (Refer to Article of the Supplemental Provisions for details)V. Cash Deposit and Other Fees51 Both Parties hereto acknowledge that upon handover by Party A to Party B of the Premises, Party B shall pay to Party A security deposit in the sum of rent for months, . Yuan (RMB). Upon receiving the said security deposit, Party A shall issue to Party B a receipt thereof. Upon termination or expiration of this Contract, the security deposit, as paid by Party B hereunder, after deducting related fees which are to be paid by Party B as stipulated herein, shall be refunded to Party B without interest (if any amount remaining). (Refer to Article 5 of the Supplemental Provisions for details)52 Any and all fees and expenses incurred during the lease term, in respect of the water, electricity, gas, munications, equipment, property management, and other related fees or expenses shall be borne by (Party A/Party B). All other fees and expenses shall be borne by (Party A/Party B). (Refer to Article and Article of the Supplemental Provisions for details)53 The means for calculating or apportioning the aforesaid fees and expenses to be paid by (Party A/Party B ), the terms as well as time of payment thereof shall be as follows: (Refer to Article and Article of the Supplemental Provisions for details)VI. Requirements for Use of Premises and Maintenance Liabilities61 During the lease term hereof, Party B shall promptly inform Party A to repair or make good any damage or failure occurred to the Premises or its ancillary facilities whenever such damage or failure es to his attention。SHANGHAI PREMISES LEASE CONTRACTFORMULATED BYSHANGHAI MUNICIPAL HOUSING, LAND AND RESOURCES ADMINISTRATIONSHANGHAI ADMINISTRATION FOR INDUSTRY AND COMMERCEPRINTED IN NOVEMBER, 2000SPECIAL NOTESI. This Contract applies to the prelease of mercial housing situated within the administrative jurisdiction of Shanghai, as well as the lease of premises whose rent is determined by the related parties through negotiations according to reasonable market principles, exclusive of the lease of any publiclyowned residence premises at the rent ratio specified by Shanghai Municipal Government, of the public nonresidence premises administratively allocated and invested by Shanghai Municipal Government, and of the private premises leased at the rent ratio specified by Shanghai Municipal Government prior to the implementation of the Regulations of Shanghai Municipal government on Premises Lease(hereinafter “the Regulations”).II. The prelease hereunder is only restricted to such mercial housings as built by related real estate developers who has obtained the presale permit, except for any mercial housing which has been presold by related real estate developers。 in the event of prelease of mercial housings, the prelease of foreignoriented mercial housings shall be registered with Shanghai Municipal Real Estate Exchange Center。 (iii) The Premises are to be dismantled and relocated according to law for the needs of urban construction。 In case such penalty is insufficient to cover the loss incurred by the other party as a result of such breach, the default party shall pay the difference. (i) Party A fails to hand over the Premises as scheduled and the failure continues for a period of days upon the request of Party B。 (iv) The main body of the Premises is damaged by reason of Party B。 failing which, the second option indicated below will be employed by both Parties to solve such dispute:(i) Submit to Arbitration Committee for arbitration。 for details about Party A’s consent for decorations, additional fixtures and equipments, refer to Appendix D. The aforesaid appendices shall be used as the basis for acceptance of the Premises when the Premises are handed over by Party A to Party B and when Party B return the Premises to Party A upon termination of the Contract. ARTICLE 3 LEASE TERM Party A will hand over the Premises to Party B on April 16, 2012 (as estimated), but the actual handover date shall be depended on the progress of Party A’s project construction and acceptance of the Premises. The fittingout period shall be from _________[date] to _________[date]. If the handover of the Premises is delayed, the fittingout period shall be postponed accordingly. During the lease term, Party A shall grant Party B a ____month rentfree period (. from ________ [date] to ________ [date]). Party B shall pay the management fees, electricity fees and other fees during the Free Fittingout Period. ARTICLE 4 RENT, PROPERTY MANAGEMENT FEE AND OTHER FEES Rate of Rent: monthly rent = daily rent*365 days*Lease Area/12 months During the lease term, from year ___ to year ___, the rate of Rent shall be RMB ____/m2 (building area)/day, and the monthly Rent shall be RMB ___. The Parties hereby agree that, during the lease term, the rent shall be adjusted in every ____ year(s) as per the market changes, but the adjustment shall be no l