Sublease Agreement Template Georgia

SUBLEASE AGREEMENT

This Sublease Agreement (the "Agreement") is entered into as of [Effective Date] (the "Effective Date") by and between [Sublessor Name], a [State of Incorporation] [Entity Type] with its principal place of business at [Address] ("Sublessor"), and [Sublessee Name], a [State of Incorporation] [Entity Type] with its principal place of business at [Address] ("Sublessee").

RECITALS

WHEREAS, Sublessor is the tenant under that certain Master Lease dated [Master Lease Date] (the "Master Lease") with [Landlord Name] ("Master Landlord") for the premises located at [Full Property Address] (the "Premises"); WHEREAS, Sublessor desires to sublease the Premises to Sublessee, and Sublessee desires to sublease the Premises from Sublessor, subject to the terms and conditions herein and the terms of the Master Lease.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1. OPERATIONAL DEFINITIONS

1.1 "Premises" shall mean the space as described in the Master Lease, currently occupied by Sublessor. 1.2 "Master Lease" shall mean the underlying lease agreement between Master Landlord and Sublessor, attached hereto as Exhibit A. 1.3 "Sublease Rent" shall mean the sum of [Dollar Amount] payable on the [Day] of each month. 1.4 "Security Deposit" shall mean the sum of [Dollar Amount] held to secure Sublessee’s performance. 1.5 "Term" shall mean the period commencing on [Start Date] and expiring on [End Date].

2. SUBSTANTIVE TERMS & OBLIGATIONS

2.1 Grant of Sublease. Sublessor hereby subleases the Premises to Sublessee, and Sublessee accepts the Premises "AS-IS," subject to the terms of the Master Lease. 2.2 Incorporation of Master Lease. This Agreement is subject to the Master Lease. Sublessee shall perform all obligations of the Sublessor under the Master Lease, except for the payment of base rent to the Master Landlord, which remains the obligation of the Sublessor. 2.3 Rent. Sublessee shall pay the Sublease Rent directly to Sublessor via [Payment Method] at the address designated for notice. 2.4 Use. Sublessee shall use the Premises solely for [Permitted Use] and shall comply with all applicable local, state, and federal laws and ordinances of the State of Georgia. 2.5 Landlord Consent. This Agreement is contingent upon the execution of a written Consent to Sublease by the Master Landlord. If such consent is not obtained within [Number] days, this Agreement shall be null and void.

3. DEFAULT, TERMINATION, AND REMEDIES

3.1 Events of Default. The following constitute a material breach: (a) failure to pay Sublease Rent within [Number] days of due date; (b) failure to perform any material obligation under this Agreement or the Master Lease; (c) the filing of bankruptcy or insolvency proceedings by Sublessee. 3.2 Notice and Cure. Upon any default, Sublessor shall provide written notice to Sublessee. Sublessee shall have thirty (30) business days from the receipt of such notice to cure said default. 3.3 Remedies. If the default remains uncured after the notice period, Sublessor may: (a) terminate this Agreement; (b) re-enter and take possession of the Premises; and (c) pursue all available legal and equitable remedies under Georgia law, including recovery of unpaid rent and costs of collection.

4. BOILERPLATE LEGAL PROVISIONS

4.1 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Georgia, without regard to its conflict of law principles. 4.2 Dispute Resolution. Any controversy or claim arising out of or relating to this Agreement shall be settled by binding arbitration in [County], Georgia, in accordance with the rules of the American Arbitration Association. 4.3 Force Majeure. Neither party shall be liable for failure to perform due to acts of God, war, terrorism, government regulations, or other causes beyond their reasonable control. 4.4 Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior understandings. No modification shall be valid unless in writing and signed by both parties. 4.5 Severability. If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

5. FORMAL EXECUTION BLOCK

IN WITNESS WHEREOF, the parties have executed this Sublease Agreement as of the Effective Date.

SUBLESSOR: [Company Name]

By: ___________________________ Name: [Signatory Name] Title: [Title] Date: _________________________

SUBLESSEE: [Company Name]

By: ___________________________ Name: [Signatory Name] Title: [Title] Date: _________________________