LEASE
THIS LEASE is made as of , 2020, by and between the Whiting
Building, LLC, a New Hampshire limited liability Company, with a principle address at of 75
Concord Street, Nashua, NH 03064 (the “Lessor”) and The City of Nashua, New Hampshire, a
municipality with an address of 229 Main Street, Nashua, NH 03060, (the “Lessee”) and
DESCRIPTION OF PREMISES. The Lessor hereby agrees to lease to the Lessee, subject to the
terms and conditions set forth herein, and the Lessee agrees to lease from the Lessor, the
premises identified as the fourth (4"") and fifth (5"") floor office space(s) in the Landmark
Building with a postal address of 138-144 Main Street and located on the City of Nashua’s
Assessor’s Tax Map 33, Lot 91, Comprising of 4,830 square feet of office space in total between
the two floors and as more specifically described on Exhibit A attached hereto “The Public
Health Relocation Plan” (the Premises”).
TERM. The term of the Lease shall be up to 12 months, commencing on the date hereof and
ending on (the “Term”) subject to Lessee’s right to terminate as set forth
below.
OPTION. The Lessee shall have the right at its sole discretion to renew this lease with a
maximum three percent (3%) increase over the gross rent agreed to below in paragraph five (5).
TERMINATION. The Lessee may terminate the Lease at any time during the Term of the Lease
by written notice delivered to the Lessor at least 60 days prior to the date of termination set forth
in such notice.
RENT. The rent for the Premises to be paid by the Lessee to the Lessor during the Term of the
Lease shall be $48,300, which rent shali be due and payable with an initial payment of
$24,150.00, at the commencement of the lease and a second payment for $24,150.00 due six
months later during the Term of the Lease. If the Lease is renewed for consecutive year(s), rent
shall be due in two installments as follows: the first installment being one-half (1/2) of the then-
current rent will be due the first day of the renewal term and the second installment, totaling the
balance of the then-current annual rent will be due six months later or 2 way to the end of the
renewal terms, whichever is later.
MAINTENANCE & REPAIRS BY LESSEE. The Lessee shall maintain the Premises in a clean
and sanitary condition. The Lessee shall make all the repairs which are usual, necessary, or
required for the use of the Premises in the Premises and shall keep the Premises in such repair,
order, and condition as the same are in at the commencement of this Term. Lessee shall not be
responsible for common areas of the building.
