COMPLIANCE INFO_2021 - Laserfiche WebLink

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LAND AND BUILDING LEASE THIS LAND AND BUILDING LEASE (this "Lease") is made and entered into as of May 1St 2021 (the "Commencement Date"), by and between of Mohammad Hamdi Alzghoul, CEO, Synergy Real Estate Holdings ("Landlord") and California Pacific Connect INC("Tenants"). RECITALS A. Landlord owns (i) good and indefeasible title in fee simple to 6131 Pacific Ave, Stockton, CA 95207 (the "Land") and (ii) all improvements and other structures located on any of the Land; any rights of way, easements, parking covenants, entitlements, privileges and other rights appurtenant to the Land, including regarding any street adjoining any portion of the Land and any air and development rights related to the Land; and any and all fixtures at or on the Land, including all of the machinery, equipment and systems at or on the Land (collectively, "Buildine Equipment"), including the following (but specifically excluding any of the following that are not "fixtures" pursuant to applicable Law and excluding any Tenant Equipment that constitutes a "fixture" pursuant to applicable Law): built-in equipment; compressors; fuel dispensers; underground storage tanks; appliances; engines; electrical, plumbing, heating, ventilating, and air conditioning machinery; fire sprinklers and fire suppression equipment; lighting (including emergency lighting); security cameras and systems; paging and sound systems; walk-in coolers, refrigerated cases, built-in shelving; awnings, and convenience market signs (all of the foregoing in this clause (ii), collectively, "Improvements"). The Land and all Improvements thereon are collectively referred to herein as the "Demised Property." B. Tenants desire to lease from Landlord, and Landlord desires to lease to Tenants, the Demised Property so that Tenants may, in accordance with and subject to the terms, conditions and restrictions of this Lease, operate (or cause the operation of) a retail automotive fuel station and convenience food store. NOW, THEREFORE, in consideration of the lease of the Demised Property and the rents, covenants and conditions herein set forth, Landlord and Tenants do hereby covenant, promise and agree as follows: ARTICLE 1 DEMISE OF PREMISES Subject to the terms and conditions contained herein, Landlord does hereby lease unto Tenants, and Tenants do hereby lease from Landlord, for the term hereinafter provided in Article 2, the Demised Property for the use thereof by Tenants, Tenant's employees, customers and invitees. The Demised Property shall only include such portion of to 6131 Pacific Ave, Stockton, CA 95207 utilized for the retail fuel sales and convenience store businesses. To the extent that additional land is available for Landlord to construct additional buildings at the 1