TERMS AND CONDITIONS

1. RENTAL, ENTRY INTO FORCE AND DURATION

The Lessee rents, by the present, the Space Rented, by way of monthly lease, strictly for storage purposes.

The present agreement shall enter into force on the signature date and continue for a one-month period (the “Term”).

The present agreement will automatically renew itself monthly, with the same terms and conditions, at the expiration of the Term, unless the modalities of Article 5 are accomplished.

2. RENT

The Lessee rents, by the present, the Space Rented, by way of monthly lease, strictly for storage purposes.

The present agreement shall enter into force on the signature date and continue for a one-month period (the “Term”).

The present agreement will automatically renew itself monthly, with the same terms and conditions, at the expiration of the Term, unless the modalities of Article 5 are accomplished.

2.1 RENT

In return for the Rented Space, the Lessee agrees to pay the Lessor the monthly rent at its due date, as indicated on page 1 of the Lease.

The Lessee is responsible for ensuring that the Rental payment is made to the Lessor at its due date.

2.2. Rent when renewed

When renewing, the Lessee must pay the Rental payment at least three (3) days before the renewal date.

If the Rental payment is not made by the Lessee at this time, access to the Rental Space will be refused for as long as the Rent remains unpaid. More particularly, the Lessee’s site access code may be suspended by the Lessor until full payment has been received for the Term to come.

2.3. Additional costs

If the Lessee does not pay his Rent by the due date for the initial period or for any renewal, the Lessee agrees to pay a late fee of $25 per day for the Lessor’s damages, troubles, and inconveniences until the Rent is paid in full.

2.4. Interest

All amounts due by the Lessee to the Lessor will bear interest at the rate of 24% per annum starting on the due date.

2.5. Deposit

Upon signing the Lease, the Lessee must remit to the Lessor a security deposit of $100. This deposit will be reimbursed to the Lessee at the end of the Lease if the Lessee has not defaulted and has respected the terms of the Lease. Notably, the Lessor will inspect the Space Rented and may deduct from the reimbursement of the security deposit the cost of repairing any damages attributable to the Lessee.

3. LESSEE’S OBLIGATIONS

Upon signing the Lease, the Lessee must remit to the Lessor a security deposit of $100. This deposit will be reimbursed to the Lessee at the end of the Lease if the Lessee has not defaulted and has respected the terms of the Lease. Notably, the Lessor will inspect the Space Rented and may deduct from the reimbursement of the security deposit the cost of repairing any damages attributable to the Lessee.

3.1. 3.1. Change of Lessee’s contact information

The Lessee is responsible for advising the Lessor, by email or by telephone, of all changes to his address or telephone number.

To this effect, when the Lessor wishes to contact the Lessee, he will not have to undertake any additional actions due to out-of-date contact information provided by the Lessee.

3.2 Forbidden products

The Lessee agrees to not store dangerous products in the Rented Space, particularly gasoline and other kinds of gas (propane, natural, etc.), oil, fuel, grease, paint, flammable articles, explosives, fireworks, ammunition, toxic, corrosive or dangerous waste, drugs, alcoholic beverages, perishable or non-perishable food and any creatures alive or dead.

3.3. Insurance

The Lessee agrees to obtain a proper general liability insurance that covers, notably, all civil responsibility incumbent upon him. The Lessee assumes all responsibility for any loss or damages to his stored property in the Rented Space, whether the damage or loss was caused by fire, theft, humidity or any other factor.

The Lessee agrees to supply proof of insurance to the Lessor upon request.

The Lessor is not required to insure the Lessee’s stored property. Insurance of the property is entirely the Lessee’s responsibility.

3.4. Standards, policies and others

The Lessee hereby agrees to respect and comply with all policies and regulations set by the Lessor in regard to access, use and security of the Rented Space.

3.5. Good condition and cleanliness

The Lessee agrees to maintain the Rented Space in good condition and to repair any damages to it.

At the end of the Lease, the Lessee agrees to clean the Rented Space and remove all contents.

4. 4. LESSOR’S RIGHTS

The Lessee agrees to maintain the Rented Space in good condition and to repair any damages to it.

At the end of the Lease, the Lessee agrees to clean the Rented Space and remove all contents.

4.1. Access to the Rented Space

The Lessee will have access to the Rented Space only during the Lessor’s posted business hours (7 days a week, from 7 a.m. to 9 p.m.).

The Lessor may access the Rental Space from time to time to verify the conformity of the Lease.

The Lessor can refuse the Lessee access to the Rented Space if in default of Rent payment.

4.2. Changes of terms and conditions of use

The Lessor reserves the right, upon thirty (30) days written notice transmitted by email to the Lessee, to change the monthly rate of the Rented Space, the Lessor’s business hours, to modify the standards and policies regarding the usage of the Rented Space or all other elements judged appropriate by the Lessor.

5. TERMINATION OF THE AGREEMENT

The Lessor reserves the right, upon thirty (30) days written notice transmitted by email to the Lessee, to change the monthly rate of the Rented Space, the Lessor’s business hours, to modify the standards and policies regarding the usage of the Rented Space or all other elements judged appropriate by the Lessor.

5.1. Automatic termination

The Lease is automatically terminated, upon simple written notification addressed to the Lessee, in one of the following cases:

a) If the Lessee does not pay his Rent and all other sums due and is still in default of payment for a period of fifteen (15) days after the transmission of a written notification from the Lessor to this effect. This notification may be sent by email;

b) If the Lessee does not fulfill his obligations under this present contract (except the Rent payment) and does not rectify it following a period of fifteen (15) days after the transmission of a written notification from the Lessor to this effect. This notification may be sent by email;

c) If the Lessee goes bankrupt or has made an assignment in bankruptcy conforming to the Law on Bankruptcy and Insolvency.

5.2. Unilateral termination

The Lessor or the Lessee can terminate the Lease by giving at least thirty (30) days’ written notice to the other party by email.

5.3. Stored property deemed abandoned

In the event of termination of the present agreement following the provisions of paragraph 5.1 c), the Lessor will give written notice to the Lessee asking him to recuperate all property within the next fifteen (15) days upon receipt of the notice. After this delay, the property that was stored in the Rented Space will be deemed abandoned by the Lessee and will become the Lessor’s property. The Lessor is free to dispose of the property at his convenience and without having to proceed with judicial expulsion of the Lessee.

In the event of termination of the present agreement following the provisions of paragraphs 5.1 a), 5.1 b) or 5.2, the property stored in the Space Rented will be deemed abandoned by the Lessee at the end of the Term and will become property of the Lessor. The Lessor is free to dispose of the property at his convenience and is not required to take any additional actions with regard to the Lessee before disposing of the property stored in the Rented Space, including proceeding with judicial expulsion of the Lessee.

6. INDEMNISATION

In the event of termination of the present agreement following the provisions of paragraph 5.1 c), the Lessor will give written notice to the Lessee asking him to recuperate all property within the next fifteen (15) days upon receipt of the notice. After this delay, the property that was stored in the Rented Space will be deemed abandoned by the Lessee and will become the Lessor’s property. The Lessor is free to dispose of the property at his convenience and without having to proceed with judicial expulsion of the Lessee.

In the event of termination of the present agreement following the provisions of paragraphs 5.1 a), 5.1 b) or 5.2, the property stored in the Space Rented will be deemed abandoned by the Lessee at the end of the Term and will become property of the Lessor. The Lessor is free to dispose of the property at his convenience and is not required to take any additional actions with regard to the Lessee before disposing of the property stored in the Rented Space, including proceeding with judicial expulsion of the Lessee.

6.1. Non-responsibility

The Lessor will not be held responsible for damages or breakage of any kind which may be caused to stored property at any time during the rental of the Space Rented.

6.2. Compensation

The Lessee recognizes that the Lessor, its administrators, managers, employees, agents, volunteers and contractors, cannot be held liable for any breakage, loss, destruction or damage to the property stored in the Rented Space, of any kind.

The Lessee waives all rights, recourse, claims and demands of any kind against the Lessor, its administrators, managers, employees, agents, volunteers and contractors that might arise from breakage, destruction or loss of property in the Rented Space. The Lessee agrees to indemnify and to hold harmless the Lessor of all claims, of any nature arising out of, or which may result from, any failure of the Lessee to comply with its obligations under the Lease.

6.3. Lessee’s recognition

The Lessee recognizes that the Space Rented is neither heated nor insulated. He specifically recognizes that the Space Rented can be subject to important temperature variations and humidity levels. Consequently, the Lessee accepts and recognizes that the Lessor cannot be held responsible for any damages to the stored property caused by these variations of temperature and/or humidity.

7. GENERAL PROVISIONS

The Lessee recognizes that the Space Rented is neither heated nor insulated. He specifically recognizes that the Space Rented can be subject to important temperature variations and humidity levels. Consequently, the Lessee accepts and recognizes that the Lessor cannot be held responsible for any damages to the stored property caused by these variations of temperature and/or humidity.

7.1. Transfer

The Lessor reserves the right to transfer to whomever, in part or in full, his rights and obligations of the present agreement, and that, without getting consent or authorization from the Lessee. However, the Lessee cannot transfer his rights, or ask or permit a third party to assume his obligations under this agreement without prior authorization from the Lessor.

7.2. Legal representatives

The agreement binds the parties, their successors, legal representatives, executors and trustees of the succession and estate.

7.3. Applicable laws and jurisdiction

The present agreement, its interpretation, execution, application, validity and effects are subject to the current laws of the province of Quebec that govern all the provisions contained therein.

The parties acknowledge, for all claims or judicial pursuits, for any motive whatsoever in respect to the present, that the judicial district of Beauharnois, province of Quebec, Canada, is the appropriate location for the hearing of such claims or legal proceedings to the exclusion of any other judicial district that may have jurisdiction over such litigation as prescribed by law.