Free lease termination agreement 42Free lease termination agreement 42Free lease termination agreement 42
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TERMINATION OF LEASE AGREEMENT BETWEEN
THE CITY OF PITTSBURG AND PICA DELI, INC.
THIS LEASE TERMINATION AGREEMENT (this “Agreement”), dated as of June 1,
2016 (the “Effective Date”), is entered into by and between Pittsburg Arts and
Community Foundation, Inc. a California 501 (c)(3) non-profit corporation (“Lessor”) and
CreAsian, Inc., a California corporation (“Sublessee”) for the termination of that certain
lease agreement for 610 and 630 Railroad Avenue, Pittsburg, dated as of March 1,
2015. Lessor and Sublessee are collectively referred to in this Agreement as the
“Parties,” or individually as a “Party.”
RECITALS
A.
On March 1, 2015, Lessor and Tenant entered into a lease agreement (the
“Lease Agreement”) for the lease of 610 and 630 Railroad Avenue located in a portion
of the commercial spaces of the Vidrio Building (the “Premises”).
B.
Under the terms of the Lease Agreement, Tenant leased the Premises,
consisting of three thousand, three hundred sixty (3,360) square feet of inter