2025 MODEL COMMERCIAL LEASE (CALIFORNIA)

Effective Date: {{EFFECTIVE_DATE}}

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This Commercial Lease (this "Lease") is made and entered into as of {{EFFECTIVE_DATE}}, by and between:

{{LANDLORD_NAME}} ("Landlord"), and

{{TENANT_NAME}} ("Tenant").

Landlord and Tenant are each referred to herein individually as a "Party" and collectively as the "Parties."

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1. Property

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1.1 Landlord owns the real property commonly known as {{PREMISES_ADDRESS}}, {{PREMISES_CITY}}, California {{PREMISES_ZIP}} (the "Premises"). Landlord makes the Premises available to Tenant as commercial space for {{COMMERCIAL_USE}}. The Premises comprises approximately {{TENANT_PRO_RATA_SHARE}}% of the total rentable square footage of the entire property ("Tenant's Pro-Rata Share"). The entire property is referred to herein as the "Building."

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2. Term

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2.1 Commencement. The term of this Lease begins on {{COMMENCEMENT_DATE}} ("Commencement Date").

2.2 Lease Type. {{LEASE_TYPE_DESCRIPTION}} The Lease shall terminate on {{EXPIRATION_DATE}} ("Expiration Date"). Any holding over after expiration, with Landlord's consent, shall create a month-to-month tenancy that either Party may terminate with {{HOLDOVER_NOTICE_DAYS}} days' written notice, with rent equal to the monthly rate for the last month preceding the Expiration Date.

2.3 Extension Option. Provided the Lease is in full force and effect and Tenant is not in default, Tenant shall have {{EXTENSION_OPTIONS_COUNT}} option(s) to extend the Lease for a term of {{EXTENSION_TERM_YEARS}} year(s) each (each, an "Extension Term"), on the same terms and conditions, except as modified below. Monthly rental rates for Extension Terms are as follows: Year 1: {{EXT_RENT_YEAR_1}}; Year 2: {{EXT_RENT_YEAR_2}}; Year 3: {{EXT_RENT_YEAR_3}}. To exercise an Extension Option, Tenant must provide written notice no earlier than 180 days and no later than 60 days prior to the expiration of the then-current Term.

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3. Rent

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3.1 Definition. "Rent" means all monetary obligations of Tenant to Landlord under this Lease, except the Security Deposit.

3.2 Base Rent. Tenant agrees to pay Base Rent as follows: ${{BASE_RENT_AMOUNT}} per month, {{BASE_RENT_SCHEDULE_DESCRIPTION}}. Base Rent is payable in advance on the {{RENT_DUE_DAY}} day of each calendar month and is considered delinquent {{DELINQUENCY_DAYS}} calendar days after it is due.

3.3 Proration. If the Commencement Date falls on any day other than the first day of the month, Base Rent for the first calendar month shall be prorated based on a 30-day period.

3.4 Payment. Rent shall be paid to {{RENT_PAYEE_NAME}} at {{RENT_PAYMENT_ADDRESS}}, or at any other location specified by Landlord in writing.

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