COMMERCIAL LEASE AGREEMENT
THIS LEASE AGREEMENT is made and entered into ___December 1,___2006, between
P.T. Agencies (hereinafter referred to as"Landlord"), and
Anvil Forest Products Inc. (hereinafter referred to as "Tenant").
ARTICLE I - GRANT OF LEASE
Landlord, in consideration of the rents to be paid and the covenants and agreements to be performed and observed by the
Tenant, does hereby lease to the Tenant and the Tenant does hereby lease and take from the Landlord the property described
in Exhibit "A" attached hereto and by reference made a part hereof (the "Leased Premises"), together with, as part of the
parcel, all improvements located thereon.
Section l. Total Term of Lease. The term of this Lease shall begin on the commencement date, as defined in Section 2 of this
Article II, and shall terminate 5 years from the date hereof.
Section 2. Commencement Date. The "Commencement Date" shall mean the date on which the Tenant shall commence to
conduct business on the Leased Premised, so long as such date is not in excess of sixty (60) days subsequent to execution
The parties hereto may elect to extend this Agreement upon such terms and conditions as may be agreed upon in writing and
signed by the parties at the time of any such extension.
ARTICLE IV - DETERMINATION OF RENT
The Tenant agrees to pay the Landlord and the Landlord agrees to accept, during the term hereof, at such place as the
Landlord shall from time to time direct by notice to the Tenant, rent at the following rates and times:
Section 1. Annual Rent. Annual rent for the term of the Lease shall be ____CAD$6000.00 ______Dollars.
Section 2. Payment of Yearly Rent. The annual rent shall be payable in advance in equal monthly installments of one-twelfth
(1/12th) of the total yearly rent.
Reference to yearly rent hereunder shall not be implied or construed to the effect that this Lease or the obligation to pay rent
hereunder is from year to year, or for any term shorter than the existing Leas