Basic Terms • Rent: $1,300/month • Lease term (1-3 years) • Security deposit $2600.00. Operating Terms • Owner pays the utilities (water, sewar, garbage) • Common area maintenance NNN owner pays • Insurance requirement: $1M of liability listing: Chambers Holding LLC as additional interest • Use of premises (approved business types) see attachment Protection Clauses • Personal guarantee if small business • Damage deposit • Tenant improvement rules • No hazardous uses • Default and eviction terms • Holdover rent (150–200%) Build-out- • No alterations without written approval • Tenant restores space upon leaving