Renters Lease:

IN CONSIDERATION OF the Landlord leasing certain premises to the Booth Renter, the Booth Renter leasing those premises from the Landlord and the mutual benefits and obligations set forth in this Lease, the receipt and sufficiency of which consideration is hereby acknowledged, the Parties to this Lease (the "Parties") agree as follows:

Definitions

When used in this Lease, the following expressions will have the meanings indicated:

a."Additional Rent" means all amounts payable by the Booth Renter under this Lease except Base Rent, whether or not specifically designated as Additional Rent elsewhere in this Lease;

b."Building" means all buildings, improvements, equipment, fixtures, property and facilities from time to time located at 18639 Ventura Blvd Tarzana, CA 91356, USA, as from time to time altered, expanded or reduced by the Landlord in its sole discretion;

C "Common Areas and Facilities" mean:

i. those portions of the Building areas, buildings, improvements, facilities, utilities, equipment and installations in or forming part of the Building which from time to time are not designated or intended by the Landlord to be leased to tenants of the Building including, without limitation, exterior weather walls, roofs, entrances and exits, parking areas, driveways, loading docks and area, storage, mechanical and electrical rooms, areas above and below leasable premises and not included within leasable premises, security and alarm equipment, grassed and landscaped areas, retaining walls and maintenance, cleaning and operating equipment serving the Building; and

ii. those lands, areas, buildings, improvements, facilities, utilities, equipment and installations which serve or are for the useful benefit of the Building, the tenants of the Building or the Landlord and those having business with them, whether or not located within, adjacent to or near the Building and which are designated from time to time by the Landlord as part of the Common Areas and Facilities;

d. "Leasable Area" means with respect to any rentable premises, the area expressed in square feet of all floor space including floor space of mezzanines, if any, determined, calculated and certified by the Landlord and measured from the exterior face of all exterior walls, doors and windows, including walls, doors and windows separating the rentable premises from enclosed Common Areas and Facilities, if any, and from the center line of all interior walls separating the rentable premises from adjoining rentable premises. There will be no deduction or exclusion for any space occupied by or used for columns, ducts or other structural elements;

e."Premises" means the office space at 18639 Ventura Blvd Tarzana, CA 91356, USA.

f. "Proportionate Share" means a fraction, the numerator of which is the Leasable Area of the Premises and the denominator of which is the aggregate of the Leasable Area of all rentable premises in the Building;

g. "Rent" means the total of Base Rent and Additional Rent.

Leased Premises

The Landlord agrees to rent to the Booth Renter the office space municipally described as 18639 Ventura Blvd Tarzana, CA 91356, USA

(the "Premises").

The Premises will be used for only the following permitted use: Hair Salon (the "Permitted Use").

No pets or animals are allowed to be kept in or about the Premises or in any common areas in the Building containing the Premises.

The Booth Renter is not entitled to any exclusive parking on or about the Premises.

Term

The term of the Lease is a periodic tenancy commencing on a month-to-month basis until the Landlord or the Booth Renter terminates the tenancy (the "Term").

Upon 0 days notice, the Landlord may terminate the tenancy under this Lease if the Booth Renter has defaulted in the payment of any portion of the Rent when due.

Upon 1 day notice, the Landlord may terminate the tenancy under this Lease if the Booth Renter fails to observe, perform and keep each and every of the covenants, agreements, stipulations, obligations, conditions and other provisions of this Lease to be observed, performed and kept by the Booth Renter and the Booth Renter persists in such default beyond the said 1 day notice.

Rent

Subject to the provisions of this Lease, the Booth Renter will pay a base rent of 50%, payable per week, for the Premises (the "Base Rent"), without setoff, abatement or deduction. In addition to the Base Rent, the Booth Renter will pay for any fees or taxes arising from the Booth Renter's business.

The Booth Renter will pay the Base Rent on or before the Tuesday of each and every week of the Term to the Landlord.

For any payment of Rent that is received after the due date, the Booth Renter will be charged an additional amount as follows: If payment is not submitted by Tuesday, there will be a $50 late fee.

No acceptance by the Landlord of any amount less than the full amount owed will be taken to operate as a waiver by the Landlord for the full amount or in any way to defeat or affect the rights and remedies of the Landlord to pursue the full amount.

Use and Occupation

The Booth Renter will open the whole of the Premises for business to the public fully fixtured, stocked and staffed on the date of commencement of the Term and throughout the Term, and will continuously occupy and utilize the entire Premises in the active conduct of its business in a reputable manner on such days and during such hours of business as may be determined from time to time by the Landlord.

The Booth Renter covenants that the Booth Renter will carry on and conduct its business from time to time carried on upon the Premises in such manner as to comply with all statutes, bylaws, rules and regulations of any federal, state, municipal or other competent authority and will not do anything on or in the Premises in contravention of any of them.

The Booth Renter covenants that the Booth Renter will carry on and conduct its business from time to time carried on upon the Premises in such manner as to comply with any statute, including any subordinate legislation, which is in force now or in the future and taking into account any amendment or re-enactment, or any government department, local authority, other public or competent authority or court of competent jurisdiction and of the insurers in relation to the use, occupation and enjoyment of the Building (including in relation to health and safety compliance with the proper practice recommended by all appropriate authorities).

Security Deposit

On execution of this Lease, the Booth Renter will pay the Landlord a security deposit equal to the amount of $300.00 (the "Security Deposit"') to be held by the Landlord without interest. The Landlord will return the Security Deposit to the Booth Renter at the end of this tenancy, less such deductions as provided in this Lease but no deduction will be made for damage due to reasonable wear and tear.

The Booth Renter may not use the Security Deposit as payment for the Rent.

Within 14 days after the termination of this tenancy, the Landlord will deliver or mail the Security Deposit less any proper deductions or with further demand for payment to: 18639 Ventura Blvd Tarzana, CA 91356, USA, or at such other place as the Booth Renter may advise.

Parking Policy:

For everyone at Oaselle Salon, we’d like to clarify the following guidelines:

1. Quick Stops: If you need to drop off items, feel free to use the back lot for up to 5-10 minutes—no issues at all!
   

2. Extended Parking: However, if you park in the back lot for more than 10 minutes during salon hours, a $50 fee will be added to your invoice for each incident. This will be reflected on your weekly invoice.
   

3. Evening Convenience: After 6 PM, you’re more than welcome to move your car to the back lot for safety and convenience.

Additionally, please be mindful of our neighboring businesses and refrain from parking in their spots. Our salon has six parking spaces reserved for Oaselle customers and owners, and we want to ensure everyone has access when they need it.

Alternatives for Consideration: If parking is tight, we encourage using nearby street parking when available. We’re all working together to make our salon a great experience for everyone, and we truly appreciate your support and cooperation. 

Quiet Enjoyment

The Landlord covenants that on paying the Rent and performing the covenants contained in this Lease, the Booth Renter will peacefully and quietly have, hold, and enjoy the Premises for the agreed term.

Distress

If and whenever the Booth Renter is in default in payment of any money, whether hereby expressly reserved or deemed as Rent, or any part of the Rent, the Landlord may, without notice or any form of legal process, enter upon the Premises and seize, remove and sell the Booth Renter's goods, chattels and equipment from the Premises or seize, remove and sell any goods, chattels and equipment at any place to which the Booth Renter or any other person may have removed them, in the same manner as if they had remained and been distrained upon the Premises, all notwithstanding any rule of law or equity to the contrary, and the Booth Renter hereby waives and renounces the benefit of any present or future statute or law limiting or eliminating the Landlord's right of distress.

Overholding

If the Booth Renter continues to occupy the Premises without the written consent of the Landlord at the expiration or other termination of the Term, then the Booth Renter will be a tenant at will and will pay to the Landlord, as liquidated damages and not as rent, an amount equal to twice the Base Rent plus any Additional Rent during the period of such occupancy, accruing from day to day and adjusted pro rata accordingly, and subject always to all the other provisions of this Lease insofar as they are applicable to a tenancy at will and a tenancy from month to month or from year to year will not be created by implication of law; provided that nothing in this clause contained will preclude the Landlord from taking action for recovery of possession of the Premises.

Inspections and Landlord's Right to Enter

The Landlord and the Booth Renter will complete, sign and date an inspection report at the beginning and at the end of this tenancy.

During the Term and any renewal of this Lease, the Landlord and its agents may enter the Premises to make inspections or repairs. Except where the Landlord or its agents consider it an emergency, the Landlord will provide the Booth Renter with written notice 24 hours prior to entering.

Utilities and Other Costs

The Landlord is responsible for the payment of the following utilities and other charges in relation to the Premises: electricity, natural gas, water, sewer, telephone, internet and cable.

The Landlord will also pay for the following utilities and other charges in relation to the Premises:

Insurance

The Booth Renter is hereby advised and understands that the personal property of the Booth Renter is not insured by the Landlord for either damage or loss, and the Landlord assumes no liability for any such loss. The Booth Renter is advised that, if insurance coverage is desired by the Booth Renter, the Booth Renter should inquire of Booth Renter's insurance agent regarding a Booth Renter's policy of insurance.

The Booth Renter is not responsible for insuring the Landlord's contents and furnishings in or about the Premises for either damage and loss, and the Booth Renter assumes no liability for any such loss.

The Booth Renter is not responsible for insuring the Premises for either damage and loss to the structure, mechanical or improvements to the Building on the Premises, and the Booth Renter assumes no liability for any such loss.

The Booth Renter is not responsible for insuring the Premises for liability insurance, and the Booth Renter assumes no liability for any such loss.

Abandonment

If at any time during the Term, the Booth Renter abandons the Premises or any part of the Premises, the Landlord may, at its option, enter the Premises by any means without being liable for any prosecution for such entering, and without becoming liable to the Booth Renter for damages or for any payment of any kind whatever, and may, at the Landlord's discretion, as agent for the Booth Renter, relet the Premises, or any part of the Premises, for the whole or any part of the then unexpired Term, and may receive and collect all rent payable by virtue of such reletting, and, at the Landlord's option, hold the Booth Renter liable for any difference between the Rent that would have been payable under this Lease during the balance of the unexpired Term, if this Lease had continued in force, and the net rent for such period realized by the Landlord by means of the reletting. If the Landlord's right of reentry is exercised following abandonment of the premises by the Booth Renter, then the Landlord may consider any personal property belonging to the Booth Renter and left on the Premises to also have been abandoned, in which case the Landlord may dispose of all such personal property in any manner the Landlord will deem proper and is relieved of all liability for doing so.

Attorney Fees

All costs, expenses and expenditures including and without limitation, complete legal costs incurred by the Landlord on a solicitor/client basis as a result of unlawful detainer of the Premises, the recovery of any rent due under the Lease, or any breach by the Booth Renter of any other condition contained in the Lease, will forthwith upon demand be paid by the Booth Renter as Additional Rent. All rents including the Base Rent and Additional Rent will bear interest at the rate of 12% per cent per annum from the due date until paid.

Governing Law

It is the intention of the Parties to this Lease that the tenancy created by this Lease and the performance under this Lease, and all suits and special proceedings under this Lease, be construed in accordance with and governed, to the exclusion of the law of any other forum, by the laws of the State of California, without regard to the jurisdiction in which any action or special proceeding may be instituted.

Severability

If there is a conflict between any provision of this Lease and the applicable legislation of the State of California (the 'Act'), the Act will prevail and such provisions of the Lease will be amended or deleted as necessary in order to comply with the Act. Further, any provisions that are required by the Act are incorporated into this Lease.

Assignment and Subletting

The Booth Renter will not assign this Lease, or sublet or grant any concession or license to use the Premises or any part of the Premises. An assignment, subletting, concession, or license, whether by operation of law or otherwise, will be void and will, at the Landlord's option, terminate this Lease.

Bulk Sale

No bulk sale of goods and assets of the Booth Renter may take place without first obtaining the written consent of the Landlord, which consent will not be unreasonably withheld so long as the Booth Renter and the Purchaser are able to provide the Landlord with assurances, in a form satisfactory to the Landlord, that the Booth Renter's obligations in this Lease will continue to be performed and respected, in the manner satisfactory to the Landlord, after completion of the said bulk sale.

Care and Use of Premises

The Booth Renter will promptly notify the Landlord of any damage, or of any situation that may significantly interfere with the normal use of the Premises.

The Booth Renter will not make (or allow to be made) any noise or nuisance which, in the reasonable opinion of the Landlord, disturbs the comfort or convenience of other tenants.

The Booth Renter will not engage in any illegal trade or activity on or about the Premises.

The Landlord and Booth Renter will comply with standards of health, sanitation, fire, housing and safety as required by law.

Surrender of Premises

At the expiration of the lease term, the Booth Renter will quit and surrender the Premises in as good a state and condition as they were at the commencement of this Lease, reasonable use and wear and damages by the elements excepted.

Hazardous Materials

The Booth Renter will not keep or have on the Premises any article or thing of a dangerous, flammable, or explosive character that might unreasonably increase the danger of fire on the Premises or that might be considered hazardous by any responsible insurance company.

Rules and Regulations

The Booth Renter will obey all rules and regulations posted by the Landlord regarding the use and care of the Building, parking lot and other common facilities that are provided for the use of the Booth Renter in and around the Building on the Premises.

Access Inspection

The Premises has not been inspected by a Certified Access Specialist, and the Landlord will not have any responsibility to make, or liability for, alterations or repairs to meet accessibility standards.

A Certified Access Specialist (CASp) can inspect the subject premises and determine whether the subject premises comply with all of the applicable construction-related accessibility standards under state law. Although state law does not require a CASp inspection of the subject premises, the commercial property owner or lessor may not prohibit the lessee or tenant from obtaining a CASp inspection of the subject premises for the occupancy or potential occupancy of the lessee or tenant, if requested by the lessee or tenant. The parties shall mutually agree on the arrangements for the time and manner of the CASp inspection, the payment of the fee for the CASp inspection, and the cost of making any repairs necessary to correct violations of construction-related accessibility standards within the premises.

General Provisions

Any waiver by the Landlord of any failure by the Booth Renter to perform or observe the provisions of this Lease will not operate as a waiver of the Landlord's rights under this Lease in respect of any subsequent defaults, breaches or nonperformance and will not defeat or affect in any way the Landlord's rights in respect of any subsequent default or breach.

This Lease will extend to and be binding upon and inure to the benefit of the respective heirs, executors, administrators, successors and assigns, as the case may be, of each party to this Lease. All covenants are to be construed as conditions of this Lease.

All sums payable by the Booth Renter to the Landlord pursuant to any provision of this Lease will be deemed to be Additional Rent and will be recoverable by the Landlord as rental arrears.

Where there is more than one Booth Renter executing this Lease, all Booth Renters are jointly and severally liable for each other's acts, omissions and liabilities pursuant to this Lease.

Time is of the essence in this Lease.

This Lease will constitute the entire agreement between the Landlord and the Booth Renter. Any prior understanding or representation of any kind preceding the date of this Lease will not be binding on either party to this Lease except to the extent incorporated in this Lease. In particular, no warranties of the Landlord not expressed in this Lease are to be implied.