Lease Agreement - 333 N Dobson RD - 171
Lease Agreement - 333 N Dobson RD - 171
* 50% of the security deposit, $300, is due at signing. The other 50% of the security deposit, $300,
will be due by 9/4/2022.
*If tenant no longer wishes to move in on lease begin date, at no fault of landlord,
then they will forfeit their deposit to Endovascular Medical LLC.
* 16 hours of conference time is available free of charge every month. After this is used
up the conference room will be billed at $20 per hour.
Landlord shall use its best efforts to put Tenant in possession of the Leased Premises on the
beginning of the Lease term. If Landlord is unable to timely provide the Leased Premises, rent
shall abate for the period of delay. Tenants shall make no other claim against the Landlord for
any such delay.
Tenant has use of 1 non reserved parking spot, and can rent reserved parking spots. No
overnight parking is allowed.
Rent
Tenants shall pay rent to the Landlord on the first day of each month. Each payment shall be
due to the Landlord at the following address: Endovascular Medical, LLC 202 East Earll Drive,
Phoenix, AZ 85012, suite 360 or by electronic transfer or in person. The rental payment amount
for any partial calendar month included in the lease term shall be paid at the beginning of the
prorated period.
Late Fee
Rents not received within 5 days of the payment due date, (or checks, deposited and declared
NSF), Tenant shall be charged a $20 late fee, and additional $5 per each day delayed. Rent and
late fees not received by 10 days after the payment date shall be construed to be in default.
Rent Increases
Landlord may increase the monthly rent after the initial lease term. Landlord will give Tenant 30
days written notice of any increase in rent before the lease term ends. Rent is subject to change
at the end of any lease when on month to month without 30 day
notice.
Security Deposit
An initial deposit of one month's rent is required. Any security deposit is non-refundable until the
tenant completes the initial term of the lease or is month to month and gives 30 days notice of
intent to vacate. If the tenant fails to move into the property at the beginning of lease term the
security deposit will not be returned.The remaining security deposit, minus any sum used for
damages, not attributable to normal wear and tear, will be returned to the tenant within 30 days
after vacating the property. No interest will be accrued on the deposit amount.
Default
In the event of a default made by Tenant in the payment of rent when due to Landlord, Tenant
shall have three (3) days after
receipt of written notice thereof to cure such default. In the event of a default made by Tenant in
any of the other covenants or conditions to be kept, observed and performed by Tenant, Tenant
shall have three (3) days after receipt of written notice thereof to cure such default. In the event
that the Tenant shall fail to cure any default within the time allowed under this paragraph,
Landlord may declare the term of this Lease ended and terminated by giving Tenant written
notice of such intention, and if possession of the Leased Premises is not surrendered, Landlord
may re-enter said premises. Landlord shall have, in addition to the remedy above provided, any
Holdover
If Tenant maintains possession of the Premises for any period after the termination of this Lease
Agreement, (“Holdover Period”), Tenant shall pay to Landlord rent payments during the
Holdover Period at a rate equal to twice the normal payment rate.
Repairs
During the Lease term, the Tenant shall make, at Tenant's expense, all necessary repairs to the
Leased Premises. Repairs shall include such items as routine repairs of floors, walls, ceilings,
and other parts of the Leased Premises damaged or worn through normal occupancy, except for
major mechanical systems or the roof, subject to the obligations of the parties otherwise set
forth in this Lease. Any intentional or unintentional damages caused by the tenant shall be
repaired by the Landlord and billed to the tenant.
Rental Taxes
The “Rent” amount does not include the city and county rental tax.
Insurance
Landlord shall maintain fire and extended coverage insurance on the Building and the Leased
Premises in such amount as
Landlord shall deem appropriate. Tenant shall be responsible, at its expense, for fire and
extended coverage insurance on all of its
personal and business property, including removable trade fixtures, located in the Leased
Premises. Tenant and Landlord shall,
Utilities/Services
Landlord shall pay all charges for water, sewer, electricity, internet, trash, pest control, and other
common area and used by
Tenant on the Leased Premises during the term of this Lease unless otherwise expressly
agreed in writing by the Landlord.
Signage
Following Landlord's consent, Tenant shall have the right to place on the Leased Premises, at
locations selected by Tenant, any signs which are permitted by applicable zoning ordinances
and private restrictions. Landlord may refuse consent to any proposed signage that is in
Landlord's opinion too large, deceptive, unattractive or otherwise inconsistent with or
inappropriate to the Leased Premises or use of any other tenant. Landlord shall assist and
cooperate with Tenant in obtaining any necessary permission from governmental authorities or
adjoining owners and occupants for Tenant to place or construct the foregoing signs. Tenant
shall repair all damage to the Leased Premises resulting from the removal of signs installed by
Tenant.
Entry
Landlord shall have the right to enter upon the Leased Premises at reasonable hours to inspect
the same, provided Landlord shall not thereby unreasonably interfere with Tenant's business on
the Leased Premises. Tenants may NOT change, alter, or modify the locks to the suite.
Parking
During the term of this Lease, Tenant shall have the non-exclusive use in common with
Landlord, other tenants of the Building, their guests and invitees, of the non-reserved common
automobile parking areas, driveways, and footways, subject to rules and regulations for the use
thereof as prescribed from time to time by the Landlord. Landlord reserves the right to designate
parking areas for Tenant and Tenant's agents and employees. No covered parking is included in
this lease agreement. First time violations may include a warning sticker. Any violation after the
first time is subject to tow.
Building Rules
Tenant will comply with the rules of the Building adopted and altered by Landlord from time to
time and Tenant will cause all of its
agents, employees, invitees and visitors to do so as well; all changes to such rules will be sent
by Landlord to Tenant in writing.
Security Policy
Tenant's access to the office building will be twenty four hours per day, seven days a week. Due
to the configuration of the building and the variety of Tenants and their need for 24 hour access,
a standard alarm and security system is not feasible. A remote 24 hour video monitoring system
will be installed and maintained by Landlord. All security measures and systems have
inherent limitations; therefore, each Tenant will be required to participate in the security of the
building. Tenants will be given key fobs to gain access to the building when doors are locked.
During, and after business hours, it will be each Tenant's responsibility for ensuring that their
respective office doors are locked and all main entry doors they use are closed and locked
behind them as they enter and leave the building. Tenants with private access doors are
responsible for the security of these doors. Tenant's and Landlord's responsibilities are further
detailed in the Office Security Policy Statement attached hereto as Exhibit “B” and incorporated
herein for all purposes. Each party to this lease is required to sign this document.
If the Leased Premises or any part thereof or any appurtenance thereto is so damaged by fire,
casualty or structural defects, such damage or defects not being the result of any act of
negligence by Tenant or by any of Tenant's agents, employees or invitees, that the same cannot
be used for Tenant's purposes, then Tenant shall have the right within fifteen (15) days following
damage to elect by notice to Landlord to terminate this Lease as of the date of such damage. In
the event of minor damage to any part of the Leased Premises, and if such damage does not
render the Leased Premises unusable for Tenant's purposes, Landlord shall promptly repair
such damage at the cost of the Landlord. In making the repairs called for in this paragraph,
Landlord shall not be liable for any delays resulting from strikes, governmental restrictions,
inability to obtain necessary materials or labor or other matters which are beyond the
reasonable control of Landlord. Tenant shall be relieved from paying rent and other charges
during any portion of the Lease term that the Leased Premises are inoperable or unfit for
occupancy, or use, in whole or in part, for Tenant's purposes. Rentals and other charges paid in
advance for any such periods shall be credited on the next ensuing payments, if any, but if no
further payments are to be made, any such advance payments shall be refunded to Tenant. The
provisions of this paragraph extend not only to the matters aforesaid, but also to any occurrence
which is beyond Tenant's reasonable control and which renders the Leased Premises, or any
appurtenance thereto, inoperable or unfit for occupancy or use, in whole or in part, for Tenant's
purposes.
Quiet Possession
Landlord covenants and warrants that upon performance by Tenant of its obligations hereunder,
Landlord will keep and maintain Tenant in exclusive, quiet, peaceable and undisturbed and
uninterrupted possession of the Leased Premises during the term of this Lease.
Subordination
Tenant accepts this Lease subject and subordinate to any mortgage, deed of trust or other lien
presently existing or hereafter arising upon the Leased Premises, or upon the Building and to
any renewals, refinancing and extensions thereof, but Tenant agrees that any such mortgagee
shall have the right at any time to subordinate such mortgage, deed of trust or other lien to this
Lease on such terms and subject to such conditions as such mortgagee may deem appropriate
in its discretion. Landlord is hereby irrevocably vested with full power and authority to
subordinate this Lease to any mortgage, deed of trust or other lien now
existing or hereafter placed upon the Leased Premises of the Building. Tenant agrees that it will
from time to time upon request by Landlord execute and deliver to such persons as Landlord
shall request a statement in recordable form certifying that this Lease is unmodified and in full
force and effect (or if there have been modifications, that the same is in full force and effect as
so modified), stating the dates to which rent and other charges payable under this Lease have
been paid, stating that Landlord is not in default hereunder (or if Tenant alleges a default stating
the nature of such alleged default) and further stating such other matters as Landlord shall
reasonably require.
Notice
Any notice required or permitted under this Lease shall be deemed sufficiently given or served if
sent by email and email reply confirmation is received. Landlord and Tenant shall each have the
right from time to time to change the place notice is to be given under this paragraph by written
[email protected]
notice thereof to the other party. Notice will be made via email to: _____________________
Brokers
Tenant represents that Tenant was not shown the Premises by any real estate broker or agent
and that Tenant has not otherwise
engaged in, any activity which could form the basis for a claim for real estate commission,
brokerage fee, finder's fee or other
Waiver
No waiver of any default of Landlord or Tenant hereunder shall be implied from any omission to
take any action on account of such default if such default persists or is repeated, and no
express waiver shall affect any default other than the default specified in the express waiver and
that only for the time and to the extent therein stated. One or more waivers by Landlord or
Tenant shall not be construed as a waiver of a subsequent breach of the same covenant, term
or condition.
Memorandum of Lease
The parties hereto contemplate that this Lease should not and shall not be filed for record, but in
lieu thereof, at the request of either party, Landlord and Tenant shall execute a Memorandum of
Lease to be recorded for the purpose of giving record notice of the appropriate provisions of this
Lease.
Headings
The headings used in this Lease are for convenience of the parties only and shall not be
considered in interpreting the meaning of any provision of this Lease.
Successors
The provisions of this Lease shall extend to and be binding upon Landlord and Tenant and their
respective legal representatives, successors and assigns.
Compliance with Covenants, Conditions and Restrictions of 333 Plaza Office Condominium
Association. The terms and conditions of this lease are subject to the provision of the CC&R
and any failure by the Tenant to comply with the terms of this document shall be considered
default under the lease.
Guarantor
The obligations of the Lessee under this Lease are to be Guaranteed by
08 / 04 / 2022
Tenant Name Hua Wang
_________________ Tenant Signature _________ Date _______
Final Agreement
IN WITNESS WHEREOF, the parties have executed this Lease as of the day and year first
above written.
Exhibit A
The following rules attached as an Exhibit to all leases serve to provide Tenant with an
understanding of what is required by the Landlord for the orderly and safe operation of all
leased facilities and parking areas. These rules and regulations are in addition to, and shall not
be construed to in any way modify, alter or amend, in whole or in part, the terms, covenants,
agreements and conditions of any lease of premises in the Building. Landlord reserves the right
to make such other reasonable rules and regulations as it may from time to time be needed for
safety, security, care and cleanliness of the Building and for the preservation of good order
therein. Landlord shall provide Tenant with copies of any new and/or modified rules or
regulations prior to the effective date thereof. Tenant agrees to abide by these and such other
rules and regulations that are adopted.
Keys and Security
1. Each key for the office door lock for the Tenant is refundable $20 per key. Each key fob to
access the office building is refundable $50 per keyfob. If Tenant becomes locked out of the
premises, Tenant will be charged a fee of $100 to regain entry.
2. Tenants shall not duplicate any key or alter any lock or install new or additional locks or bolts.
3. Tenant shall return all keys at the termination of its tenancy and shall be responsible for the
cost of replacing any keys that are lost.
4. Normal Office Building hours will be 8 am to 5 pm, Monday through Friday. During this time
the main entry doors will be unlocked. We ask that Tenants receive visitors and clients during
these hours. After 5 pm, the main entry doors will be locked and a key fob will be necessary to
open the doors.
5. Each Tenant shall be responsible for all persons it allows to enter the Building and shall be
liable to the Landlord for all acts of such persons. Landlord shall in no case be liable for
damages for error with regard to the admission to or exclusion from the Building of any person.
6. Tenant assumes all risks from theft or vandalism to the Premises and agrees to keep the
Premises locked as may be required.
Exhibit B
Landlord does not promise, warrant, or guarantee the safety or security of Tenants or their
personal property against the criminal actions of other Tenants or third parties. (For purposes of
this security policy, "Landlord" includes Landlord, Landlord's officers and employees, and other
Landlord representatives, and "Tenant" refers to the Tenant(s) and their clients, guests and
invitees of the Unit). Landlord is not acting as the insurer of Tenant. Tenant understands and
agrees that Landlord is limited in its ability to protect Tenant from crime, accident and natural
catastrophe and that Tenant is better able to evaluate individual risk and loss than Landlord and
to obtain insurance to protect against such events. Each Tenant has the responsibility to protect
himself or herself and to maintain insurance to protect his or her belongings and person.
Landlord strongly recommends that Tenants contact an insurance agent to arrange appropriate
insurance.
It is a fact that no security system, patrol, or electronic security device can provide protection
against crime at every location at every moment of the day or night. Tenants and occupants
should not rely on such systems and should always proceed on the assumption that no security
systems exist. Tenants should make no other assumptions regarding security. The best safety
measures are those precautions that can be performed as a matter of common sense and habit.
If security systems, or security devices are utilized no representation is made that they will
prevent injury, theft or vandalism. Companies or individuals walking or driving the complex on
behalf of Landlord are unarmed independent contractors and have no greater authority under
the law to restrain or arrest criminals or to prevent crime than the ordinary citizen.
Tenant understands and agrees that Landlord has no obligation or liability for the acts or
omissions, whether negligent, intentional or otherwise of any agent or employee or any such
independent contractor. Landlord does not warrant that any security systems,
security devices, services, or persons in this building will discourage or prevent breaches of
security, intrusions, thefts, or incidents of violent crime, and Landlord has assumed no
responsibility or duty with respect to the security of the Tenant through the retention of any such
independent contractors or the provision of any such security systems, security devices, or
services. Landlord Reserves the right to reduce, modify or eliminate any such independent
contractors, security system, security devices, or services (other than those required by law) at
any time, without notice to Tenants; and such action shall not be a breach of any obligation or
warranty on the part of Landlord. If controlled access or intrusion alarms are provided, Tenants
will be furnished operating instructions; and it is the tenant's responsibility to read them and to
bring any questions to the attention of the Landlord. Further, it is Tenant's responsibility to
promptly notify Landlord in writing of any known problem, defect, loss, malfunction or failure of
door locks, window latches, lighting, controlled access, intrusion alarms, and other
security-related devices. Each Tenant is responsible for reporting to Landlord any crime that he
or she is aware of and that occurs. Protecting Tenants from crime is the sole responsibility of
Tenants and law enforcement agencies. Tenants are required to call the police or 911 first if a
Title
Lease Agreement - 333 N Dobson Rd - 171
File Name
Dobson Master ELease .pdf
Document ID
4c1c48484e045d00baa1cd81f35dfe0aa7250588
Audit Trail Date Format
MM / DD / YYYY
Status Signed
Title
Lease Agreement - 333 N Dobson Rd - 171
File Name
Dobson Master ELease .pdf
Document ID
4c1c48484e045d00baa1cd81f35dfe0aa7250588
Audit Trail Date Format
MM / DD / YYYY
Status Signed