AGREEMENT FOR LEASE OF RESIDENTIAL UNIT

THIS AGREEMENT is made on this _____day of ______ ,____, by and between _________ which
resides at ________________________________________(hereinafter referred to as the "Lessor") and the person whose name and address appears below (hereinafter referred to as the "Lessee )

THE PARTIES AGREE AS FOLLOWS:

1. The Lessor hereby grants to the Lessee, and the Lessee hereby accepts from the Lessor, a Lease of a residential unit located at _________________ ___________________________as per detail described below (the "Leased Premises"). 2. The term of this Agreement, the security deposit and the rent to be paid by the Lessee to the Lessor shall be as per the detail set out below. The rent shall be payable in advance on the due date set out below.

IMPORTANT TERMS AND CONDITIONS

Name of Lessee: Address of Lessee: Tel: Leased Premises: Leased Premises (Unit N0): Premises Address: Term Months Rent: Security Deposit:

Fax: Floor: Check-in Month(No VAT) Check-out Due Date:

3. Other terms and conditions of this Agreement shall be in accordance with the General Terms and Conditions attached hereto as Annex A which both parties agree to comply with throughout the Term of this Agreement. This Agreement is made in duplicate. The "Lessor" and the "Lessee" each retain one signed copy. Both parties declare that they have read, understood and approved the contents herein contained.

IN WITNESS WHERE OF the parties hereto affixed their signatures (and seals) to this Agreement. LESSOR: LESSEE:

WITNESS: DATE:

WITNESS: DATE:

GENERAL TERMS AND CONDITIONS

1. SECURITY DEPOSIT
Subject to the terms and conditions below, the Lessee has paid to and shall maintain with the Lessor throughout the Term of this Agreement the Security Deposit for due performance and observance by the Lessee of the covenants, stipulations, terms and conditions of this Agreement and the Agreement for Lease of Furniture and Accessories entered into between the Lessor and the Lessee on the same date hereof. The Security Deposit shall be retained by the Lessor free of any interest and shall not be deemed to be or treated as payment 1.1 Should the Lessee, for any reason, vacate the Leased Premises or terminate the Lease Agreement before the expiration of the term of the agreement, and amount equal to two month s rent shall be immediately forfeited from the security deposit held. 1.2 Should the Lessee fail to reconfirm the expiration of this agreement in accordance with clause 4.3 hereof, the Lessor shall not be responsible for any delay in refunding the deposit, and in such event the security deposit shall be refunded to the Lessee within Thirty (30) business days after termination of this agreement, provided, that the Lessee shall be responsible for any cost and expense incurred in connection with the transfer of the security deposit which has to be made after the Lessee vacates the Lease Premises, and the Lessor shall be entitled to deduct such costs and expenses from the security deposit.

2. LESSEE S COVENANTS
2.1 The Lessee shall use the Leased Premises for residential purpose only. 2.2 The Lessee shall not sublease the Leased Premises nor assign this Lease to any person. 2.3 The Lessee shall pay telephones charges and other extra charges incurred in connection with the use of the Leased Premises within five (5) days from the date of receipt of a statement of account. The Lessor shall issue a statement of account at least once every fortnight or immediately upon the telephone charges and other extra charges in the amount if Baht 5,000 being accrued, as the case may be. 2.4 In the case where the Lessee is a juristic person, telephone and other extra charges will be collected by the Lessor directly from the person resides in the Leased Premises unless otherwise agreed upon in writing by and between the authorized representatives(s) of such juristic person and the Lessor, provided that should person who resides in the Leased Premises fail to pay such charges within seven (7) days from the date of receipt of the invoice from the Lessor, the Juristic person shall be solely responsible and shall immediately settle the outstanding invoice that would otherwise become payable by the person who resides in the Leased Premises. 2.5 The Lessee shall not make any alteration or addition to or removal from any part of the Leased Premises. 2.6 The Lessee shall at the times maintain and keep the Leased Premises in good and sanitary condition. 2.7 The Lessee shall permit the Lessor or its representative to inspect the Leased Premises at all reasonable times. 2.8 The Lessor shall not be held responsible for any damage, loss or bodily injury that may incur to any person or property right of the Lessee or other person within the Leased Premises. 2.9 The Lessee shall not, and shall ensure that the person who reside in the Leased Premises as well as guests, servants or employees shall not cause any danger or damage to the Leased Premises and any property or building in which the Leased Premises are located and any annoyance to other person, or act against the provision of any law. The Lessee shall fully responsible for any damage, which incurred as a result thereof. 2.10 The Lessee shall punctually pay the monthly rental in advance to the Lessor on the due date. 2.11 Upon expiration of the Lessee, the Lessee and its dependents shall immediately leave the Lease premises or, in case of early termination, the Lessee shall leave and cause its dependents to leave the Leased Premises within three (3) days from the date of notice of such termination. 2.12 The Lessee shall strictly comply with the building rules and regulations as may from time to time be issued by the Lessor. 2.13 Not keep any pets in the Leased Premises.

3. Termination
3.1 ln the event the Lessee does not pay the rental within fifteen (15) days of the due date, or fails to observe and follow any terms and provisions hereof after a written advance notice has been given by the Lessor or the Lessee becomes insolvent, subject to receivership or bankruptcy, the Lessee shall be entitled to immediately terminate this Agreement. 3.2 Upon the occurrence of fire or other disasters, should all or part of the Leased Premises be damaged or destroyed to the extent that the Leased Premises may not be used physically or pursuant to the Laws and regulations of the Bangkok Metropolitan Administration or other provincial regulations, this Agreement shall be terminated.

4. General Provisions
4.1 In case the Lessee is in default in making payment of rent when due or any other amount hereunder which the Lessee is obligated to pay, the Lessee agrees to pay to the Lessor interest at the rate of 2% per month until the outstanding amount is paid in full. 4.2 In case of the expiration if the Lease or early termination thereof, a joint inspection of the Leased Premises by the Lessor and the Lessee shall take place at least two (2) days in advance, and upon the expiration of the Term or early termination thereof, the Lessee shall promptly surrender possession of the Leased Premises to the Lessor. 4.3 At lease thirty days prior to the expiration of this Agreement the Lessee shall inform the Lessor in writing whether the Lessee wishes to renew the Term of this Agreement or confirm the expiration of the same, provided that where the lessee confirms the expiration of

this agreement, the lessee shall give notice to the Lessor reconfirming such expiration at least seven days prior to the date on which the lessee will vacate the leased premises. Consideration for renewal of this Agreement shall be made at the Lessor's sole discretion and the Lessor receives the right to provide an alternative residential unit of the same size and standard for the Lessee s occupation during any renewal period. 4.4 The relationship of the parties under this Agreement is that of Lessor and Lessee only and, except as may be stated expressly herein, neither party has the power or authority to act in the name of, or create any legal liability against, the other party for any purpose whatsoever. 4.5 Notwithstanding anything herein contained, the Lessor shall not be liable to the Lessee have any claim against the Lessor in respect of: 4.5.1 any interruption in any of the services by reason of necessary repair or maintenance of and installations or apparatus or damage thereto by fire, water, act of god or other cause beyond the Lessor s control or by reason of mechanical or other defect or fault or other inclement conditions or unavoidable shortage of fuel materials water or labor; or 4.5.2 any act omission or negligence of any porter, attendant or other servants, or employees of the Lessor in or about the performance of any duty relating to the provision of services by any of them. 4.6 This Agreement shall not be modified, amended cancelled or altered in any way, except by an instrument in writing signed by the parties. 4.7 Any arbitration shall be conducted in accordance with the Arbitration Rules of the Arbitration institute, Ministry of Justice in force at the time of submission of the dispute to arbitration. Arbitration proceedings, including the making of the award, shall take place in Bangkok Metropolis and shall be conducted in the English language. The Validity, interpretation, performance and enforcement of this Agreement shall be governed by the Laws of the Kingdom of Thailand.