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DO NOT RECORD Section 1.02 Term (a) The term ofthe Agreement for renting the Premises ("Term") shall be an initial six (6) month period commencing on FeJOn.<bYLj :2.2. ,2005 ("Commencement Date"). After expiration of the initial six-month period, this Agreement shall continue on a month-to-month basis for a period of up to six months. (b) Notice of intent to vacate or termination ofthe landlord-tenant relationship is only valid with thirty (30) days prior written notice to the other party. Section 1.03 Rent/Security Deposit (a) Upon the Commencement Date, Tenant shall pay to Landlord monthly compensation in the amount of $21 00.00 per month for use ofthe Premises. Rent payments will be due upon execution of this Agreement and thereafter on or before the 5th of each month, payable to "The City of Santa Ana" and remitted to: The Depot at Santa Ana, 1000 East Santa Ana Blvd., Suite 108, Santa Ana, CA 92701. A late charge often percent (10%) shall be applied after any payment hereunder is due but unpaid. In addition, one and a half percent (1 Y2%) interest per month shall be added for each month that payment hereunder is due but unpaid. (b) Contemporaneously with the execution of this Agreement, Tenant shall deposit with Landlord the sum of $2100.00 as a security deposit. The deposit will be held without liability for interest as security for faithful performance by Tenant. (c) Rent for any period during the rental term which is less than one (1) month shall be a prorated portion ofthe monthly installment herein, based upon a thirty (30) day month. (d) Any holding over after the expiration ofthe Term, with the consent of Landlord, shall be construed to be an extension from month to month at two (2) times the compensation herein specified and shall otherwise be consistent with the conditions herein specified, so far as applicable. Section 1.04 Non-Recording Neither party shall record this Agreement. 2