The tenant agrees to pay security deposit to the owner for the total amount of THB 16,000 in 2 times. The tenant shall pay the first security deposit at THB 8,000 on the signing date and the second deposit at THB 8,000 shall pay on 1st March 2014. The security deposit shall be returned to the tenant upon termination of the tenancyand after the tenant has returned the premisesin a condition identical to that which existed when the tenant took occupancy with no damages to the premises and have no outstanding balance.