Sublease Agreement Template Google Docs

SUBLEASE AGREEMENT TEMPLATE GOOGLE DOCS

1. Document Preamble & Recitals

THIS SUBLEASE AGREEMENT (the "Agreement") is entered into and made effective as of [Effective Date], by and between [Sublessor Name], a [State of Incorporation/Organization] [Corporation/LLC/Partnership], having its principal place of business at [Sublessor Address] ("Sublessor"), and [Sublessee Name], a [State of Incorporation/Organization] [Corporation/LLC/Partnership], having its principal place of business at [Sublessee Address] ("Sublessee").

RECITALS

WHEREAS, [Master Landlord Name] ("Master Landlord") and Sublessor (as Master Tenant) entered into a certain master lease agreement dated [Master Lease Date] (the "Master Lease"), a true and correct copy of which is attached hereto as Exhibit A, pursuant to which Sublessor leases the real property located at [Property Address] (the "Premises"); and

WHEREAS, Sublessor desires to sublease to Sublessee, and Sublessee desires to sublease from Sublessor, a portion of the Premises, specifically [Description of Subleased Space, e.g., entire 3rd floor or Suite 400] (the "Subleased Premises"), upon the terms and conditions set forth herein; and

WHEREAS, this Agreement is expressly conditioned upon the written consent of the Master Landlord, where required under the terms of the Master Lease.

NOW, THEREFORE, in consideration of the mutual covenants, promises, and conditions contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

---

2. Operational Definitions

For purposes of this Agreement, the following terms shall have the meanings ascribed below, and unless otherwise expressly indicated, these definitions shall apply to both singular and plural forms:

1. "Agreement" means this Sublease Agreement, together with all exhibits, schedules, and attachments hereto, as may be amended from time to time in writing executed by both Parties.
2. "Business Day" means any day other than a Saturday, Sunday, or any federal or state legal holiday observed in the State of [Jurisdiction].
3. "Master Landlord" means [Master Landlord Name], the fee owner or master lessor of the real property comprising the Premises.
4. "Master Lease" means that certain lease agreement dated [Master Lease Date] between Master Landlord and Sublessor, covering the Premises.
5. "Master Lease Default" means any default, breach, or failure of performance by Sublessor or Sublessee under the terms of the Master Lease as incorporated herein.
6. "Premises" means the real property and improvements located at [Property Address], as more fully described in the Master Lease.
7. "Rent" means collectively the Base Rent, Additional Rent, and any other financial obligations payable by Sublessee to Sublessor under this Agreement.
8. "Security Deposit" means the sum of [Dollar Amount] deposited by Sublessee with Sublessor pursuant to Section 3.3 hereof to secure the faithful performance of Sublessee's obligations under this Agreement.
9. "Subleased Premises" means that specific portion of the Premises comprising approximately [Square Footage] square feet located at [Specific Suite/Floor/Location], as depicted on Exhibit B attached hereto.
10. "Term" means the Initial Term and any authorized Renewal Term of this Sublease Agreement, commencing on [Commencement Date] and expiring on [Expiration Date], unless sooner terminated in accordance with the provisions hereof.

---

3. Substantive Terms & Obligations

3.1 Grant and Acceptance of Sublease

Sublessor hereby subleases to Sublessee, and Sublessee hereby takes and accepts from Sublessor, the Subleased Premises, subject to the terms, covenants, conditions, and reservations set forth in this Agreement and the Master Lease.

3.2 Term

The term of this Sublease shall commence on [Commencement Date] (the "Commencement Date") and shall expire on [Expiration Date] (the "Expiration Date"), unless terminated earlier in accordance with the provisions of this Agreement or the Master Lease.

3.3 Rent and Payment Terms

1. Base Rent: Sublessee shall pay to Sublessor as base rent the sum of [Dollar Amount] per month, payable in advance on the first (1st) day of each calendar month during the Term, without demand, offset, or deduction. If the Term commences on a day other than the first day of a calendar month, Base Rent for such fractional month shall be prorated on a per diem basis.
2. Additional Rent: Sublessee shall pay as additional rent all utility charges, maintenance costs, and proportionate shares of operating expenses attributable to the Subleased Premises as set forth herein.
3. Late Charges: If any installment of Rent is not received by Sublessor within [Number, e.g., five (5)] days after the due date, Sublessee shall pay a late charge equal to [Percentage, e.g., five percent (5%)] of the overdue amount to compensate Sublessor for administrative costs.
4. Wire Instructions: All payments of Rent shall be made via wire transfer or ACH to the designated account of Sublessor specified in writing, or by check delivered to Sublessor’s address set forth in the Preamble.

3.4 Security Deposit

Upon execution of this Agreement, Sublessee shall deposit with Sublessor the Security Deposit in the amount of [Dollar Amount] as security for the faithful performance of all terms and conditions of this Agreement. Sublessor may apply all or part of the Security Deposit to cure any default of Sublessee. If Sublessor applies any portion of the Security Deposit, Sublessee shall replenish the Security Deposit to its original amount within [Number, e.g., ten (10)] Business Days after written demand. Within [Number, e.g., thirty (30)] days following the expiration or termination of this Agreement and surrender of the Subleased Premises, Sublessor shall return the unused balance of the Security Deposit to Sublessee.

3.5 Use of Subleased Premises

The Subleased Premises shall be used and occupied exclusively for [Permitted Use, e.g., general office purposes and software development] and for no other purpose without the prior written consent of Sublessor and Master Landlord. Sublessee shall not commit any waste, create a nuisance, or conduct any hazardous operations upon the Subleased Premises.

3.6 Incorporation of Master Lease Terms

1. Except as otherwise provided herein, the terms and conditions of the Master Lease are incorporated into this Agreement by reference. Sublessee assumes and agrees to perform all obligations of Sublessor under the Master Lease to the extent applicable to the Subleased Premises, such that wherever the word "Landlord" appears in the Master Lease, it shall be deemed to mean Sublessor, and wherever the word "Tenant" appears, it shall be deemed to mean Sublessee.
2. Notwithstanding the foregoing, Sublessee shall not have the right to exercise any renewal options, expansion options, or other master lease privileges unless expressly granted in writing by Sublessor and approved by Master Landlord.

3.7 Maintenance, Repairs, and Alterations

1. Condition on Delivery: Sublessee accepts the Subleased Premises in its "AS-IS, WHERE-IS" condition as of the Commencement Date, without any representation or warranty by Sublessor.
2. Maintenance: Sublessee shall, at its sole cost and expense, maintain the interior of the Subleased Premises in good order, condition, and repair.
3. Alterations: Sublessee shall not make any structural alterations, additions, or improvements to the Subleased Premises without the prior written consent of Sublessor and Master Landlord.

3.8 Insurance and Indemnification

1. Sublessee's Insurance: Sublessee shall, at its sole cost and expense, maintain throughout the Term commercial general liability insurance with minimum limits of [Dollar Amount, e.g., $1,000,000] per occurrence and [Dollar Amount, e.g., $2,000,000] in the aggregate, naming Sublessor and Master Landlord as additional insureds.
2. Indemnification: Sublessee shall defend, indemnify, and hold harmless Sublessor and Master Landlord from and against any and all claims, liabilities, losses, damages, costs, or expenses (including reasonable attorneys' fees) arising out of or resulting from Sublessee's use or occupancy of the Subleased Premises, its breach of this Agreement, or any negligent or wrongful act or omission of Sublessee or its agents, employees, or invitees.

---

4. Default, Termination, and Remedies

4.1 Events of Default

The occurrence of any of the following shall constitute an "Event of Default" by Sublessee under this Agreement:

1. Failure by Sublessee to pay Rent or any other monetary obligation when due, where such failure continues for a period of [Number, e.g., five (5)] days after written notice from Sublessor.
2. Failure by Sublessee to observe or perform any other covenant, condition, or agreement under this Agreement, where such failure continues for a period of thirty (30) Business Days after written notice from Sublessor specifying the nature of the default.
3. The filing of a petition by or against Sublessee under any bankruptcy or insolvency law, the appointment of a receiver for all or substantially all of Sublessee's assets, or the general assignment for the benefit of creditors.
4. Abandonment or vacating of the Subleased Premises by Sublessee for a period exceeding [Number, e.g., fifteen (15)] consecutive days.

4.2 Notice and Cure Periods

Except where a shorter cure period is expressly designated in Section 4.1, the defaulting Party shall have thirty (30) Business Days from the receipt of written notice of default to cure any non-monetary breach before the non-defaulting Party may exercise legal recourse.

4.3 Remedies

Upon the occurrence of an Event of Default by Sublessee, Sublessor shall have the right, at its sole election, to pursue any or all of the following remedies without prejudice to any other remedy available at law or in equity:

1. Termination of Sublease: Terminate this Agreement and Sublessee's right to possession of the Subleased Premises, whereupon Sublessee shall immediately surrender the Subleased Premises to Sublessor.
2. Recovery of Damages: Recover from Sublessee all damages proximately caused by the default, including past-due Rent, the present value of future Rent remaining for the balance of the Term, and reasonable attorneys' fees and court costs.
3. Self-Help: Enter the Subleased Premises to cure any default of Sublessee, charging the reasonable costs thereof to Sublessee as Additional Rent.

---

5. Boilerplate Legal Provisions

5.1 Severability

If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid and enforceable, and the remaining provisions shall remain in full force and effect.

5.2 Entire Agreement

This Agreement, together with the Master Lease incorporated herein and the attached exhibits, constitutes the entire agreement between Sublessor and Sublessee regarding the subject matter hereof and supersedes all prior oral or written negotiations, agreements, understandings, and representations.

5.3 Force Majeure

Neither Party shall be held liable for any failure or delay in fulfilling or performing any term of this Agreement (except for the payment of Rent) when such failure or delay is caused by acts of God, flood, fire, war, public utility failure, governmental restrictions, terrorism, pandemics, or other causes beyond the reasonable control of the affected Party, provided that the affected Party gives prompt written notice to the other Party.

5.4 Governing Law and Jurisdiction

This Agreement shall be governed by, construed, and enforced in accordance with the laws of the State of [Jurisdiction], without regard to its conflict of laws principles. Each Party irrevocably submits to the exclusive jurisdiction of the state and federal courts located in [County, State] for any action or proceeding arising out of this Agreement.

5.5 Dispute Resolution

Any dispute, controversy, or claim arising out of or relating to this Agreement, including its formation, breach, termination, or validity, shall be settled by binding arbitration administered by the [Arbitration Association Name, e.g., American Arbitration Association] in accordance with its commercial arbitration rules. The place of arbitration shall be [City, State], and judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

---

6. Formal Execution Block

IN WITNESS WHEREOF, the Parties hereto have caused this Sublease Agreement to be duly executed by their respective authorized officers as of the Effective Date first written above.

SUBLESSOR:

[Sublessor Entity Name]

By: _____________________________________
Name: [Signatory Name]
Title: [Signatory Title]
Date: [Date]

SUBLESSEE:

[Sublessee Entity Name]

By: _____________________________________
Name: [Signatory Name]
Title: [Signatory Title]
Date: [Date]

---

MASTER LANDLORD CONSENT (Optional / Required)

The undersigned Master Landlord hereby consents to the sublease of the Premises described herein, subject to the terms and conditions of the Master Lease.

MASTER LANDLORD:
[Master Landlord Entity Name]

By: _____________________________________
Name: [Signatory Name]
Title: [Signatory Title]
Date: [Date]