Sample Business Contracts

Arizona-Phoenix-2398 East Camelback Road Sublease Agreement - YP.Net Inc. and Empire Capital Group LLC

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  • Commercial Lease. Start a state-specific lease for the rental of commercial property. Specify the term and rent due, as well as whether the landlord or tenant is responsible for property taxes, insurance, and maintenance and repairs.
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                               SUBLEASE AGREEMENT

     1.     PARTIES.

     This Sublease Agreement ("Sublease") is made, entered into and deemed to be
effective  this  13  day  of  December,  1999, by  and between YP.NET, INC. (aka
RIGL  Corporation),  a  Nevada  corporation  ("Sublessor")  and  EMPIRE  CAPITAL
GROUP,  L.L.C.,  an  Arizona  limited  liability  corporation  ("Sublessee").

     2.     MASTER  LEASE.

     Sublessor  is  the  Sublessee  under  a  written  Sublease  Agreement dated
February  10,  1998  when  Meyers  Law  Firm,  P.C.,  an  Arizona  professional
corporation  ("Meyers") sub-leased to Sublessor the real property located in the
City  of  Phoenix, County of Maricopa, State of Arizona, described as Suite 900,
2398  East  Camelback  Road  ("Master  Premises").  Meyers is the lessee under a
written  Lease  dated  September  18,  1995,  wherein  Biltmore Financial Center
Associates,  an  Arizona  general  partnership  ("Lessor")  leased to Meyers the
Master  Premises.  The  Lease is referred to herein as the "Master Lease" and is
attached  hereto  as  Exhibit  "A"  and  by  this  reference made a part hereof.

     3.     PREMISES.

     Sublessor hereby subleases to Sublessee the Master Premises as described in
the Lease.  The Sublessee accepts the Master Premises and agrees to be bound by,
accept  and  perform  each  term  and condition under the Master Lease which are
required  to  be  performed  by  the  Sublessor.


     Sublessor  warrants  and  represents to Sublessee that the Master Lease has
not  been  amended  or  modified  except  as  expressly  set  forth herein, that
Sublessor  is not now and as of the commencement of the Term hereof will not be,
in  default  or  breach  of  any of the provisions of the Master Lease, and that
Sublessor  has  no knowledge of any claim by Lessor that Sublessor is in default
or  breach  of  any  of  the  provisions  of  the  Master  Lease.

     5.     TERM.

     The  Term of this Sublease shall commence on January 1, 2000 ("Commencement
Date"),  and  shall  terminate on the last day provided for in the Master Lease,
August  30,  2002  ("Termination  Date").  The  Sublessee  understands  and
acknowledges  that  Meyers  and  the  Lessor must consent to this Sublease.  The
Sublessor shall submit this Sublease to Meyers and the Lessor for their consent,
and  will  advise the Sublessee in writing when Meyers and the Lessor consent to
this  Sublease.  If  for any reason the Sublessor does not deliver possession to
the  Sublessee  on  the Commencement Date, the Sublessor shall not be subject to
any  liability  for  such failure, the Termination Date shall not be extended by
the  delay,  and  the  validity  of the Sublease shall not be impaired, but rent
shall abate until delivery of possession.  Notwithstanding the foregoing, if the

                                                    Empire Capital Group, L.L.C.
                                  Page 1 of 6                 Sublease Agreement

Sublessor  has  not  delivered  possession  to Sublessee within thirty (30) days
after  the Commencement Date, then at any time thereafter and before delivery of
possession,  Sublessee  may  give  written  notice  to  Sublessor of Sublessee's
intention  to  cancel  this  Sublease.  Said notice shall set forth an effective
date  for such cancellation which shall be at least ten (10) days after delivery
of  said  notice to Sublessor.  If Sublessor delivers possession to Sublessee on
or  before  such  effective  date,  this Sublease shall remain in full force and
effect.  If Sublessor fails to deliver possession to Sublessee on or before such
effective date, this Sublease shall be canceled, in which case all consideration
previously  paid  by Sublessee to Sublessor on account of this Sublease shall be
returned  to Sublessee, this Sublease shall thereafter be of no further force or
effect,  and  Sublessor  shall have no liability to Sublessee on account of such
delay  or cancellation.  If Sublessor permits Sublessee to take possession prior
to  the  Commencement  Date,  such  early  possession  shall  not  advance  the
Termination  Date  and  shall  be  subject  to  the provisions of this Sublease,
including,  without  limitation,  the  payment  of  rent.

     6.     RENT.

     Minimum  Rent.  Sublessee  shall  pay  to  Sublessor  minimum rent, without
deduction,  setoff,  notice,  or demand, at YP.Net, Inc., 4840 E. Jasmine, Suite
105,  Mesa,  Arizona  85205, or at such other place as Sublessor shall designate
from  time  to  time  by  notice to Sublessee, the minimum monthly rent plus any
taxes due thereon as provided for in this Master Lease, Article 1.1(h) pro rata,
plus  the  Sublessor's pro rata share of the Operating Costs, as provided for in
the  Master  Lease  together  with  any other taxes, late charges or other costs
which  are  required  to  be paid by the Sublessor pursuant to the Master Lease.

     7.     SECURITY  DEPOSIT.

     Sublessee shall not be required to deposit a security deposit. The security
deposit currently held by Meyers, and deposited by Sublessor, is hereby assigned
to  Sublessee  as  additional  consideration  for  this  Sublease.

     8.     USE  OF  MASTER  PREMISES.

     The  Master  Premises  shall  be used and occupied only for business office
purposes  and  for  no  other  use  or  purpose.


     Sublessee  shall  not assign this Sublease or sublet all or any part of the
Master  Premises without the prior written consent of Sublessor (and the consent
of  Lessor,  if  such  is  required  under  the  terms  of  the  Master  Lease).


     All  applicable  terms and conditions of the Master Lease, Exhibit "A", are
incorporated  into  and  made  a  part of this Sublease as if Sublessor were the
lessor thereunder, and Sublessee the lessee thereunder, and the Master Premises.

                                                    Empire Capital Group, L.L.C.
                                  Page 2 of 6                 Sublease Agreement

     11.     ATTORNEYS'  FEES.

     If  Sublessor,  or  Sublessee  shall  commence  an action against the other
arising  out  of or in connection with this Sublease, the prevailing party shall
be entitled to recover its costs of suit and reasonable attorneys' fees.

     12.     AGENCY  DISCLOSURE.

     Sublessor  and  Sublessee  each  warrant  that they have dealt with no real
estate  broker  in  connection  with  this  Sublease.

     13.     NOTICES.

     All  notices and demands which may or are to be required or permitted to be
given  by  either  party on the other hereunder shall be in writing. All notices
and  demands  by the Sublessor or Sublessee shall be sent by United States Mail,
postage  prepaid,  addressed to the Sublessee at the address herein below, or to
such other place as Sublessee may from time to time designate in a notice to the
Sublessor.  All  notices and demands by the Sublessee to Sublessor shall be sent
by  United  States  Mail,  postage  prepaid,  addressed  to the Sublessor at the
address set forth herein, and to such other person or place as the Sublessor may
from  time  to  time  designate  in  a  notice  to  the  Sublessee.

     To  Sublessor:     YP.Net,  Inc.
                        4840 E. Jasmine, Suite 105
                        Mesa,  Arizona  85205
                        Attn:  William D. O'Neal, Esq.

     To  Sublessee:     Empire  Capital  Group,  L.L.C.
                        2398 E. Camelback Road, Suite 900
                        Phoenix,  Arizona  85020
                        Attn:  Scott  Tomanaga

     14.     CONSENT  BY  LESSOR

     This  Sublease shall be on no force or effect unless consented to by Lessor
within  thirty  (30) days  after  execution  hereof, if such consent is required
under the terms of the Master  Lease.

     15.     COMPLIANCE.

     The  parties  hereto agree to comply with all applicable federal, state and
local  laws,  regulations,  codes,  ordinances  and administrative orders having
jurisdiction over the parties, property or the subject matter of this Agreement,
including,  but  not  limited  to,  the 1964 Civil Rights Act and all amendments
thereto,  the  Foreign  Investment  in  Real Property Tax Act, the Comprehensive
Environmental  Response  Compensation  and Liability Act, and The Americans With
Disabilities  Act.

                                                    Empire Capital Group, L.L.C.
                                  Page 3 of 6                 Sublease Agreement

     16.     FIRST  REFUSAL.

     Sublessee  shall have a right of first refusal on the balance of the Master
Premises  upon  the  same terms as set forth herein. Such right of first refusal
must be exercised within ten (10) days of receipt of written notice by Sublessee
that  Sublessor  has  received  an  offer  to sublease the balance of the Master

DATED:    12/13  , 1999.


                                        YP.Net, (fka RIGL Corporation), a Nevada

                                        By:  /s/  William O'Neal,  President
                                             William O'Neal,  President


                                        Empire Capital Group, L.L.C., an Arizona
                                        limited liability  corporation



                                                    Empire Capital Group, L.L.C.
                                  Page 4 of 6                 Sublease Agreement

                                   EXHIBIT  "A"

                                   Master  Lease

                                                    Empire Capital Group, L.L.C.
                                  Page 5 of 6                 Sublease Agreement