THE LESSOR AND THE LESSEE HEREBY AGREE AS FOLLOWS:
1. The Premises shall mean the Condominium unit at Lumpini Ville Wongamat No.A12A15 Address : 502/293 M.5 Naklua District ,Chonburi Province 20150 called “Premises”. The Lessor agrees to let the Premises and the Lessee agrees to rent the Premises from the Lessor. The Rental fee shall be THB. 16,690.00 per month. The purpose of this agreement is to use the Premises as for only residential purpose.
2. The term of this agreement shall be 12 months commencing from 1 Sep 2016 to 31 Aug 2017 The Lessee shall have the right to extend the term of this agreement for 1 additional Term of 12 months (The “extended term”), commencing on 31 Aug 2017. The Lessee shall give the Lessor a notice in writing of its decision to extend or terminate the term of this agreement at least 45 days. The rental fee payable during the extended term shall be as set forth in the Section 3 below.
3. The payment of the rental fee for each month during the term of this agreement shall be total THB. 16,690 paid upon Date 30th (not over 5th) by transferring to bank account (as below and per attached sheet). (and, if applicable, during the extended term)