EX-10.9 2 filename2.htm

Exhibit 10.9

TRANSLATION OF LEASE FROM CHINESE TO ENGLISH

1. Rental Property Address: Room IA, 10th Floor, Silk International Building, 108 Wai Yip Street, Kwun Tong, Kowloon (hereinafter referred to as “Property”)

- Lease Term: Two years, the first year is a rigid contract, the second year is a flexible contract; from January 1, 2023 to December 31, 2024.

- Rent: HKD 30,000 per month. The landlord bears the cost of rates, ground rent, and property tax.

- Deposit: HKD 60,000. Note: This lease replaces the deposit receipt

- Water and Electricity Deposit: New.

- Water Charge per Unit: Not applicable.

- Electricity Charge per Unit: Not applicable.

- Equipment Supply: Existing equipment includes air conditioning, furniture, and decoration.

- Delivery of Property Key: Total 1 key. Note: The tenant must return all keys to the landlord when moving out. If lost, it must be replaced.

- Stamp Duty: Paid equally by the tenant and the landlord.

- Usage: Commercial.

2. The tenant must pay the rent and utility bills on the first day of each month. If the tenant fails to pay the rent and utility bills for more than six days or continuously delays payment, the landlord can terminate the lease and take back the property. The tenant bears all additional expenses (including all government and legal expenses) and losses arising therefrom.

3. The property is only allowed for the tenant’s use and cannot be sublet, transferred, or partially sublet or transferred to others.

4. If the tenant wants to terminate the lease, they must give one month’s written notice in advance, otherwise, the rent will be calculated based on the original one-year lease term.

5. The tenant must not change the use of the property, must not store prohibited items in the unit, and must not commit any acts that violate Hong Kong laws.

6. The tenant must not occupy or store furniture, goods, and miscellaneous items in any public area of the property.

7. The tenant must not disturb the neighbors’ peace or keep pets. If other households complain and persuasion is ineffective, the landlord has the right to terminate the contract.

8. The tenant has inspected all the facilities of the property and they are in good condition, including water and electricity, doors and windows, sinks, toilets, water tanks, and drains. The tenant is responsible for the maintenance of indoor facilities during the lease term, and the landlord is only responsible for the maintenance of public facilities and exterior walls.

9. The landlord is responsible for paying the monthly management miscellaneous fees.

10. Without the landlord’s consent, the tenant must not make any changes, renovations, or additions to the property, otherwise, the tenant needs to compensate for the loss. After the landlord’s consent, additions such as partition walls, window grilles, and electrical appliances cannot be removed when moving out, and the original completeness must be maintained.

11. The tenant must not refuse the landlord to inspect the condition of the building or carry out any repair work at an appropriate time.

12. Except for the landlord’s belongings, the tenant must clear all miscellaneous items and return all keys when moving out. If they do not move out or return the keys within three days, it will be considered as abandonment, and the landlord has the right to treat it as waste for cleaning (the cleaning fee is borne by the tenant).

13. The tenant must take full responsibility for the safe use of the leased unit (including electricity, air conditioning, cooking stove), and the landlord does not bear any responsibility.

14. The tenant must insure themselves against wind, water, fire, theft, and accidents, and cannot request the landlord to make any compensation for their property loss.

15. During the lease term, if the property is unable to be lived in by the tenant due to fire, dangerous buildings, and all non-man-made disasters, the lease will automatically terminate and become invalid, and the tenant must move out unconditionally. Apart from returning the deposit without interest, the landlord does not need to make any compensation.

16. If the property is acquired or rebuilt or demolished by the government or a developer, the landlord will notify the tenant two months in advance and compensate one month’s rent. If the tenant does not move out at that time, the landlord has the right to treat the items in the property as garbage for cleaning, and there can be no objections.

17. This lease is in two copies, one for the landlord and one for the tenant for safekeeping.

18. Both parties agree to establish and fulfill the above contract on January 1, 2023.