Short-Term Vending Lease Agreement
This Vending Lease Agreement (the "Agreement") is entered into on [Insert Date], between [Your Name], hereinafter referred to as the "Lessor," and [Vendor's Name], hereinafter referred to as the "Vendor," collectively referred to as the "Parties."
Location:
Nail Yeah
432 Hill Street
Raleigh, NC 27610
Lease Term:
This lease shall commence on [Insert Start Date] and shall continue on a month-to-month basis until terminated by either party with 30 days' written notice.
Lease Cost:
The Vendor agrees to pay the Lessor a monthly fee of $30 per shelf, due on the [Insert Due Date] of each month. Payments shall be made via [Payment Method].
Payment Collection:
The Lessor will not collect payment from customers on behalf of the Vendor. The Vendor is solely responsible for managing their sales transactions.
QR Code Requirement:
The Vendor shall provide a framed QR code, displaying their contact information and a link to their online store, for placement near their vending area within Nail Yeah. Any changes to the QR code should be promptly communicated to the Lessor.
Security and Liability:
The Lessor will not be responsible for any lost or stolen items belonging to the Vendor. It is the Vendor's responsibility to secure their products and vending area.
Termination:
Either party may terminate this Agreement with a written notice of 30 days.
Governing Law:
This Agreement shall be governed by and construed in accordance with the laws of the state of North Carolina.
Entire Agreement:
This Agreement contains the entire agreement between the Parties and supersedes all previous agreements and understandings between the Parties.
In witness whereof, the Parties hereto have executed this Vending Lease Agreement as of the date first above written.
