AMERICAN INDUSTRIAL REAL ESTATE ASSOCIATION
STANDARD INDUSTRIAL/COMMERCIAL SINGLE-TENANT LEASE - GROSS
(DO NOT USE THIS FORM FOR MULTI-TENANT BUILDINGS)
1. Basic Provisions ("Basic Provisions").
1.1 Parties: This Lease ("Lease"), dated for reference purposes only November 9, 2000, is made by and
between Marcel George & Joanne Marie George, trustees of Marcel George family trusts of September 2, 1982
("Lessor") and The Singing Machine Company, Inc., a Florida Corporation ("Lessee"), (collectively the "Parties"
or individually a "Party").
1.2 Premises: That certain real property, including all improvements therein or to be provided by Lessor under
the terms of this Lease, and commonly known as 967 East Sandhill Avenue, Carson, CA 90746 located in the
County of Los Angeles, state of California, and generally described as (describe briefly the nature of the property
and, if applicable, the "Project". If the property is located within a Project) the westerly portion of that certain
property known as 967-69 East Sandhill Avenue, Carson, CA as shown an exhibit "A" attached hereto. The
lease premises being approximately 22,950 square feet of building area plus yard/parking ("Premises"). (See also
1.3 Term: 3 years and 1 months ("Original Term") commencing January 1, 2001 ("Commencement Date") and
ending January 31, 2004 ("Expiration Date"). (See also Paragraph 3)
1.4 Early Possession: X X X ("Early Possession Date"). (See also Paragraphs 3.2 and 3.3)
1.5 Base Rent: $ 11,500.00 per month ("Base Rent"), payable on the First day of each month commencing on
January 1, 2001. (See also Paragraph 4) If this box is checked, there are provisions in this Lease for the Base
Rent to be adjusted and/or for common area maintenance charges.
1.6 Base Rent Paid Upon Execution: $11,500.00 as Base Rent for the period of January, 2001.
1.7 Security Deposit: $11,500.00 ("Security Deposit"). (See also Paragraph 5)
1.8 Agreed Use: warehouse distribution and service of electronic