LEASE PROPOSAL
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Premises to be leased by: ______________________
(Proposed Tenant)

Social Security No.:____________-____________-____________

________________________________________________ Town:_________________________________________________
(Home Address)                                                                                                                               (Telephone Number)

________________________________________________ Town:_________________________________________________
(Business Address)                                                                                                                           (Telephone Number)

Please consider this letter as a proposal to lease space in _______________________ Located at _______________________
Based on the following preliminary terms and conditions:

USE: ______________________________

TRADE NAME/NAME OF STORE:_____________________________________________________________________________

PRODUCTS/MERCHANDISE TO BE CARRIED:__________________________________________________________________

THIS STORE UNIT WILL BE: (Check appropriate boxes)

First business venture of Tenant
Second location of Tenant
Sole location of Tenant
Tenant will move from present location
An additional store in a chain of ___________________ Stores.

ESTIMATION OF SALES VOLUME FOR FIRST TWO YEARS

1ST Year $ __________________________ 2nd Year $ __________________________

LOCATION: _____________________

SIZE: __________________ feet by ____________ feet = ____________________________Total Square Feet

TERM: ______________________________ RENT: _________________________________________________.

SECURITY DEPOSIT: Equal to two (2) months rent

ESTIMATE OF COMMON AREA MAINTENANCE EXPENSE: ________ Cents per square foot per month. (Includes tenant's prorata share of property taxes, parking lot sweeping and maintenance, landscaping maintenance, exterior building maintenance and repair insurance and other operating expenses of the property.)

PERCENTAGE RENT: SIX (6%)

RENT INCREASES: ___________________________________________________________________________________

RENT COMMENCEMENT DATE: __________________________________________________________________________

OCCUPANCY DATE: __________________________________________________________________________________

ADDITIONAL TERMS AND CONDITIONS: _____________________

Should the above general understanding meet with the approval of Lessor, Lessor shall then proceed with the preparation of a Lease based upon the terms and conditions set forth in this Proposal. It is clearly understood that this Proposal is not binding upon either party hereto, and that only the fully-executed Lease shall legally bind the parties. Said Lease shall incorporate the provisions contained in a retail building lease, subject to the mutual approval of the parties hereto.

                                                             Proposed Lessee _________________________

                                                             Proposed Lessee _________________________

Receipt of this Proposal is hereby acknowledged.

                                                             Lessor's Representative _________________________