Hi Grace,
Clauses of QBKK office renewal
Quintiles needs to inform the landlord building at least 150 days prior to the expiry date of contract.
Clauses of QBKK office termination
Incase1: Quintiles must to pay office rental the whole lease contract to landlord building. After paid the entire office rental, LL would be returning the deposit rental 3 months to Quintiles.
Incase2: Finding the new lessee to replace Quintiles
2.1) If the new lessee contact directly with Landlord, there is no service fee
2.2) If the new lessee contact through the broker, Quintiles needs to pay the broker fee 1 month instead of Landlord building.
** Noted: LL said that they must to get office rental as usual.