SPACE RENTAL AGREEMENT I. The Parties. This agreement dated on the ____day of _________________, 20____ by and between__________________ with mailing address of________________, of _____________________ (Hereinafter known as the in the “Lessor”) City and _________________ with mailing address of _____________________ in the City of________________, (Hereinafter known as the “Lessee”) for a space located at:_____________________________________________. II. Term. The term of this agreement shall begin on the ____ day of _______________, 20____ and continue: (Check One) -until the _____ day of ___________________, 20___. -on a month to month basis. Termination may be made by either party with at least ____days’ written notice. All notices shall be sent to the parties’ information in Section 1. III. Rent. The rental payment shall be due on the ___ of every month in the amount of ______________________________ pesos(₱___________). Payment shall be delivered to the Lessor by the Lessee in the following manner: ______________________________________. IV. Subletting. The Lessee is not allowed to sublease (sublet) the space without the direct written consent from the Lessor.