Free Lease termination agreementFree Lease termination agreement
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This Lease Termination Agreement ("Agreement") is entered into between
________________., an Ohio corporation ("Landlord") and _________________., an Ohio
corporation ("Tenant").
WHEREAS, Landlord and Tenant’s predecessor in interest are parties to that certain
Office Lease dated June 24, 1996, and as amended by a First Amendment to Office Lease dated
October 26, 1998 and a Second Amendment to Office Lease dated June 22, 2003 (as amended,
the “Lease”), for certain space located at _________________________("Premises"); and
WHEREAS, the parties now desire to provide for the termination of the Lease, and the
return of the Leased Premises to Landlord, prior to the current expiration date of the Lease.
NOW, THEREFORE, in consideration of mutual promises contained herein and for other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, it
is agreed as follow:
1. Termination. The parties agree that in lieu of the original