Sample Business Contracts

Utah-Draper-11585 South State Street Sublease - SportsNuts Inc. and Synerteck Inc.

Free Customizable Lease Forms

  • 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.
  • Commercial Sublease. When a tenant vacates commercial property before the lease term has expired, it may be able to rent the premises to a third party. The tenant would be the sublessor and the third party would be the sublessee. Besides preparing a sublease, both parties will want to review the provisions for assignment or subletting in the original lease agreement between the landlord and the sublessor.
  • Sublease Agreement. Tenants of residential property should prepare a sublease agreement if they are seeking to sublease a room or the entire apartment or house to a third party. All parties should review the original lease agreement to see if there are any restrictions on subletting or assigning the premises.
  • Triple Net Lease. Triple net leases are a type of commercial leases where the tenant has to pay for property taxes, insurance, utilities, and maintenance, in addition to the monthly rent.
  • Office Space Lease. When renting an office space, tenants should understand the amount of the rent and duration of the lease. Other important terms include whether the space can be subleased, which parties are responsible for maintenance, and whether any furniture and furnishings will be provided.

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                               SUBLEASE AGREEMENT

SUBLEASE AGREEMENT made this April 1, 2004, between Sportsnuts, Inc., with an
address at 11585 South State Street Suite 102, Draper, UT 84020 (hereinafter
referred to as "Landlord") and Synerteck Incorporated, with an address at 11585
South State Street Suite 102, Draper, UT 84020 (hereinafter referred to as


1. PREMISES: The Landlord shall sublease a portion of the office space to the
Tenant the premises located at 11585 South State St. Suite 102 Draper, Utah

2. SUBLEASE TERM: This sublease shall be a month-to-month sublease.

3. RENTAL AMOUNT: The Tenant shall pay to the Landlord an annual sum of Twelve
Thousand ($12,000) to sublease the property. Rental payments shall be paid in
monthly payments, each of which shall be in the amount of one thousand dollars
($1,000), and each of which shall be paid on the 1st day of the month.

4. ARBITRATION: Any controversy or claim arising out of or relating to this
sublease agreement or the breach thereof shall be settled by arbitration in
accordance with the rules then obtaining of the American Arbitration
Association, and judgment upon the award rendered may be entered and enforced in
any court having jurisdiction thereof.

5. NO VIOLATION OR BREACH: The Landlord and the Tenant warrant and represent
each to the other that the performance of this agreement does not violate any
laws, statutes, local ordinances, state or federal regulations, regarding
controlled substances, or otherwise, or any court order or administrative order
or ruling, nor is such performance in violation of any loan document's
conditions or restrictions in effect for financing, whether secured or

7. BENEFIT: This agreement shall be binding upon and inure to the benefit of the
parties hereto and their legal representatives, successors and assigns.

8. NOTICES: Any notice required or desired to be given under this agreement
shall be deemed given if in writing sent by certified mail to the addresses of
the parties to this sublease agreement as follows:

Landlord:         SportsNuts, Inc.
                  11585 South State St. #102
                  Draper Utah 84020

Tenant:           Synerteck Incorporated
                  11585 South State St. #102
                  Draper Utah 84020


9. CAPTIONS: Captions are used in this agreement for convenience only and are
not intended to be used in the construction or in the interpretation of this

10. INVALID PROVISION: In the event any provision of this agreement is held to
be void, invalid or unenforceable in any respect, then the same shall not affect
the remaining provisions hereof, which shall continue in full force and effect.

11. ENTIRE AGREEMENT: This agreement contains the entire understanding of the
parties. It may not be changed orally. This agreement may be amended or modified
only in writing that has been executed by both parties hereto.

12. INTERPRETATION: This sublease agreement shall be interpreted under the laws
of the State of Utah.

SportNuts, Inc

By:    /s/ Kenneth I. Denos
Title:   Chief Executive Officer

Synerteck Incorporated

By:   /s/ Clayton Barlow
Title:    President