This Sublease Renewal Agreement (the “Renewal”) is made as of [Effective Date] by and between:
Sublandlord (Tenant): [Sublandlord Legal Name], address: [Address] (“Sublandlord”).
Subtenant: [Subtenant Legal Name], address: [Address] (“Subtenant”).
Premises: [Address + suite/unit + description] (the “Premises”).
Original Sublease Date: [Sublease Date] (the “Sublease”).
Prime Lease (Optional Reference): Lease dated [Prime Lease Date] between [Landlord] and Sublandlord (the “Prime Lease”).
1. Renewal Term
1.1 The Parties renew and extend the Sublease as follows:
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Current sublease end date: [Current End Date]
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Renewal start date: [Start Date]
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Renewal end date: [End Date]
Current sublease end date: [Current End Date]
Renewal start date: [Start Date]
Renewal end date: [End Date]
1.2 The renewal end date will not extend beyond the end date of the Prime Lease unless the Prime Lease is extended and any required consents are obtained.
2. Rent
2.1 Rent During Renewal (Select One):
☐ Rent remains the same: $[Amount] per month
☐ Rent changes to: $[Amount] per month effective [Date]
2.2 Rent due date and payment method remain as stated in the Sublease unless changed here: [Changes].
3. Deposit
3.1 Deposit Status (Select One):
☐ Deposit remains on file with no change. Amount: $[Amount].
☐ Additional deposit required: $[Amount] due by [Date].
☐ Deposit will be handled as follows: [Explain].
4. Prime Lease Compliance and Consent
4.1 This Renewal remains subject to the Prime Lease and is subordinate to it.
4.2 Landlord Consent (Select One):
☐ Not required under the Prime Lease
☐ Required and has been obtained (attach as Exhibit A)
☐ Required and is a condition to this Renewal; if not obtained by [Date], this Renewal is void unless extended in writing
5. No Other Changes
5.1 Except as modified by this Renewal, all terms of the Sublease remain unchanged and in full force and effect.
6. Signatures and Authority
6.1 Each signer represents they have authority to bind the party.
Signatures
By signing below, the Parties agree to this Sublease Renewal Agreement.
Sublandlord: [Sublandlord Legal Name]
Name/Title: [Signer Name, Title]
Date: [Date]
Signature: ___________________________
Subtenant: [Subtenant Legal Name]
Name/Title: [Signer Name, Title]
Date: [Date]
Signature: ___________________________