Tenancy Agreement

THIS TENANCY AGREEMENT is made this 6 June 2006

BETWEEN
David Joe NRIC: 770707-10-3213
23,Jalan Ramlee, 50300 KL, Malaysia.
(hereinafter called "the Landlord") of the one part

AND
Jack Lim NRIC: 730202-06-7117
30, Taman Mewah, 48000 Bangi, Malaysia.
(hereinafter called "the Tenant") of the other part.

WHEREBY IT IS agreed as follows

1. The Landlord hereby agrees to let and the Tenant agrees to rent the 1-32B, Pelangi Court, Taman Rose, 53100 KL (hereinafter referred to
as "the Premises") together with all the fittings, fixtures and furniture therein if any, described in the inventory attached therein upon the
terms and conditions stated in the tenancy.
2. The Tenancy shall be for a term of Two(2) years commencing on the 1 July 2006 and ending on the 30 June 2008.
3. The rent shall be Ringgit Malaysian Two Hundred Fifty Only (RM250) per month payable in advance on the first week of each and every
month.
4. The Tenant agrees with the Landlord as follows:
a. to pay the Landlord a rental deposit of Ringgit Malaysian Five Hundred Only (RM500) upon signing of this Tenancy
Agreement the receipt of which the Landlord hereby acknowledges which shall be refunded without interest to the Tenant at
the expiration of the term hereby created or earlier lawful termination of this Agreement PROVIDED THAT the Landlord
shall be entitled to :
i. deduct whatever charges costs and fees payable by the Tenant under this Agreement from the deposit if the said
charge costs and fees are outstanding at the expiration of the term hereby created and the balance of the deposit
shall be paid to the Tenant when the keys to the premises are handed over to the Landlord; and
ii. forfeit the deposit if the Tenant commits a breach of any of the terms and conditions of this Tenancy
b. to duly and punctually pay the monthly rental of Ringgit Malaysian Two Hundred Fifty Only (RM250) on the first week of
each calendar month without any deduction whatsoever. The rental deposit shall not be treated as payment of the rental
whatsoever and shall be considered as a security for the due performance of this agreement by the Tenant.
c. to keep and yield up at the end or sooner termination of the term the Premises in good and tenantable condition and repair
excepting depreciation from fair wear and tear weather and natural causes without neglect of the Tenant.
d. To duly and punctually pay all charges for electricity, water and telephone (if any) payable in respect of the Premises.
e. not to keep any hazardous or dangerous goods or substances nor do nor suffer anything whereby the Landlord's policy of
insurance on the Premises against damage by fire or otherwise may become void or voidable or whereby any increased
premiums may be payable in respect thereof.
f. Not to cause nor permit or suffer any public or private nuisance in or upon the Premises or anything which shall cause
unnecessary annoyance or inconvenience or disturbance to the occupiers of neighboring Premises
g. to observe and comply with all municipal and other by-laws and regulations affecting the Premises which are now in force or
which may hereafter be enacted.
h. To permit the Landlord and its servant and agents including interested purchasers of the Premises either alone or with
workmen at all reasonable times upon giving reasonable notice to the Tenant to enter the Premises and examine the state and
condition thereof and to carry out such repairs as the Landlord may think fit.
i. Not to use the Premises for any illegal unlawful or immoral purposes.
j. Not to make alteration or renovations in the external appearance of the Premises without the prior consent of the Landlord.
Any such alteration and/or partitions and ceiling shall be treated as part and parcel of the building and shall not be removed by
the Tenant on the expiry of this Tenancy
k. at the expiration or earlier lawful determination of the Tenancy hereby created to deliver up to the Landlord vacant possession
of the Premises in a clean and tenantable condition together with all keys and original fitting, fixtures and furniture if any
described in the inventory attached therein to the premises.
l. Not to assign or sublet the said premises without the written consent of the Landlord.
m. To indemnify the Landlord against all costs, claims, damages and expenses incurred by the Landlord as a result of the breach
by the Tenant of any of the terms, conditions and covenants contained herein.
5. The Landlord agrees with the Tenant as follows:
a. to duly and punctually pay all existing rates quit rents and assessments affecting the Premises
b. to insure and keep insured the premises from loss or damage by fire and to pay all premium necessary to the purposed
c. to keep and maintain in good repair the main structure, walls, floors, ceiling, windows and doors of the Premises and shall be
responsible for repairing any damage (not cause by the Tenant or the servants or agent of the Tenant) or defect to the structure
of foundation of the Premises, but excluding the replacement of light bulbs, PROVIDED that if such damage is caused by the
Tenant or agents of the Tenant, the Tenant shall be liable to make good the damage at its own cost immediately upon being
notified by the Landlord
d. that the Tenant paying the rent and performing and observing the stipulations and provisions herein contained shall quietly
occupy and enjoy the Premises during the tenancy without any interruption by the Landlord or any person rightfully claiming
under or in trust for them
6. AND IT IS HEREBY MUTUALLY AGREED as follows
a. that the Tenant shall have the right at the expiration of the term hereby created to remove all furniture and fittings belonging
to the Tenant PROVIDED that no damages is done to the Premises when removing them.
b. in the case the Premises or any part thereof shall at any time during the said term be destroyed or damaged by fire lightning
riot tempest or other unforeseen cause so as to become unfit for occupation and use then the Landlord shall not be bound or
compelled to rebuild or reinstate the same unless he in his discretion thinks fit. In the event of the Landlord deciding to rebuild
and reinstate the Premises then (provided the money payable under any policy of insurance effected by the Landlord shall not
have become irrecoverable through any act or default of the Tenant) the rent hereby reserved or a fair and just proportion
thereof according to the nature and extent of the damage sustained shall be suspended and cease to be payable until the
Premises shall have been again rendered fit for occupation and use. In the event of the Landlord deciding not to rebuild and
 reinstate the Premises then the rent hereby reserved shall cease and determine from the happening of such destruction or
damage as aforesaid and the Tenant will peaceable and quietly leave surrender and yield up to the Landlord possession of so
much of the Premises as shall not have been destroyed.
c. if the said rent or any part thereof or any payment payable to the Landlord as stated in this Agreement shall be unpaid for
fourteen (14) days after becoming payable (whether the same shall have been formally demanded or not) or if any of the
agreements or covenants herein expressed and on the part of the Tenant to be performed or observed shall not be performed or
observed or if the Tenant shall become bankrupt or wound-up, whether compulsorily or voluntarily, or enter into any
arrangement or composition with its creditors or suffer any distress or execution to be levied on goods then and in any of the
said cases it shall be lawful for the Landlord at any time thereafter to re-enter upon the Premises or any part thereof in the
name of the whole and thereupon this Tenancy shall absolutely determine but without prejudice to the rights of action of the
Landlord in respect of any antecedent breach of the Agreement on the part of the Tenant herein contained.
d. the Tenant shall have the option to renew the tenancy of the Premises for further term of One (1) year upon the same terms
and conditions, covenants and stipulations herein contained PROVIDED THAT:
i. notice in writing by the Tenant to exercise the option to renew is given three (3) months before the expiration of
the tenancy; and
ii. the rent payable on the renewed tenancy shall be reviewed subject to further negotiation and having regard to the
prevailing market rate of similar premises in the near vicinity of the premises
e. any notice required to be given to either party shall be deemed to be sufficiently served if the same is sent by registered post
addressed to such party at the last-known address and shall be deemed to have been served fourteen (14) days from the date of
posting

IN WITNESS WHEREOF the parties have hereunto set their hands the day and the year first written.

SIGNED by the above named

Landlord in the presence of

_______________________
Name       : _______________________
NRIC       : Name       : David Joe
NRIC        : 770707-10-3213
Telephone : 012-2887799
Address    :
23,Jalan Ramlee,
50300 KL, Malaysia.
 
SIGNED by the above named
Tenant in the presence of

_______________________
Name       : _______________________
NRIC       : Name       : Jack Lim
NRIC        : 730202-06-7117
Telephone : 016-6676336
  Address    :
30, Taman Mewah,
48000 Bangi, Malaysia.