VIP SALON SUITES LICENSE AGREEMENT

This license Agreement is made on this ______day of _________________________ 20______ by VIP Salon
Suites, LLC subsequently called ‘OWNERS’ and
_____________________________________________________________ subsequently called ‘LICENSEE’.

For and in consideration of the mutual promises and stipulations contained in this agreement,
OWNER does hereby license to LICENSEE, and LICENSEE hereby license from OWNER, the items
described in Paragraph 1 upon the following terms and conditions.

1. PREMISES. The premises to which this agreement relates are located at 7271 N St Rd 7,
Parkland, FL 33073. Under this agreement, LICENSEE agrees to license the equipment and
or plumbing located in Suite ____________ and each suite shall consist of enough space
sufficient to operate in, the space allocation is at the sole discretion of the OWNER.

2. TERM OF AGREEMENT. The term of the agreement shall continue weekly. LICENSEE is
entered into the term on a “Free Will” basis. Under such basis, LICENSEE has the option to
terminate this agreement at any time based on a forty-five day {45} notice to OWNER. If
current agreement is a joint LICENSEE agreement, and one LICENSEE on the agreement
gives notice of termination, said agreement will continue and current joint LICENSEE shall
be responsible for full payment of current suite payment. OWNER has the right to terminate
this agreement at any time at its own discretion for any reason it deems necessary upon a
forty-five (45) notice to LICENSEE.

3. RESERVATION AND SECURITY DEPOSIT. A deposit in the amount of $____________ is due at

the time of the signing of this agreement. The deposit is a non-refundable reservation and
security deposit. If the deposit is not received within two days of the signing of this
agreement, this agreement will be voided, and the reserved suite will be released.

4. LICENSE FEE. The license fee under this agreement shall be in the amount of $____________
per week plus applicable sales Tax. The amount shall be due and payable by LICENSEE to
OWNER by 11:59 PM each Saturday evening and continuing thereafter during the term of
this agreement. The first week’s fee will be prorated to reflect Saturday payments. If
LICENSEE has not made proper payment by stipulated deadline, a $25.00 late fee will be
incurred by LICENSEE. Escalation rates will commence every year at up to 3% current
weekly rental rate. The escalations will occur on the anniversary month of the move in date.

5. CONDITION OF THE PREMISES. LICENSEE agrees to accept the equipment and plumbing
and suite area in their present condition.

6. USE OF THE PREMISES. LICENSEE shall use the premises solely for the operation of a hair,
nail, skin care and any other retail business approved by OWNER.

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 LICENSEE shall not use the premises nor permit the premises to be used, in any manner
that violates any lease, law, statute, ordinance or regulation now or hereafter in force and
applicable to the premises. LICENSEE and LICENSEE’S guests, customers, invitees, and
agents shall at all times comply with all property rules and regulations in existence.

7. PAYMENT OF RENTAL. LICENSEE agrees exclusively to pay their rental rate on a weekly
basis via ACH payment which gets directly withdrawn from licensee’s bank account. The
Weekly rent is due from the start date of first ACH withdrawal and/or initial deposit and
commences on each of the 7th day thereafter. The first week will be prorated to reflect
Saturday payments, and all future payments are due 11:59 each Saturday. Any payment that
is returned to OWNER in the form of a bounced check or ACH withdrawal nonsufficient
funds (NSF) will be subject to a $35 NSF fee. After the third bounce check and / or non-
sufficient ACH funds (NSF) during a calendar year, the LICENSEE must pay via money order
for the remainder of the calendar year.

8. LICENSEE TO MAINTAIN PREMISES. LICENSEE covenants and agrees that LICENSEE shall,
at all times, keep and maintain the equipment and plumbing and suite area in a clean and
neat condition and in a good state of repair. LICENSEE will at the expense of LICENSEE
promptly repair any damage to the suite caused by any act or omission of LICENSEE or any
agent, employee, customer, guest, or invitee of LICENSEE. LICENSEE will not in any manner
deface or damage the suite or any part thereof.

LICENSEE at its sole discretion can decorate their entire suite in any form including paint,
(paint color must be approved by owner) and other types of materials (excluding wallpaper,
unless approved by owner in writing). Window treatments, if desired, must be purchased
by LICENSEE from OWNERS vendor, and must match the same fabric as chosen by OWNER.

LICENSEE may bring in personal items not limited to furniture, fixtures and own equipment
for the sole purpose to decorate and operate said suite. LICENSEE may not hang and or
display any items outside suite doors that may be visible in common areas.

LICENSEE will make no structural change or other alteration to the suite without the prior
written consent of OWNER. LICENSEE will return the suite peaceably and promptly to
OWNER at the end of the term of this agreement, or at any earlier termination thereof, in as
good condition as the same are at the beginning at the term of this agreement, ordinary
wear and tear excepted and suite must be returned in the same condition it was upon
signing agreement, including, but not limited to, repairing all holes made, removing
wallpaper, and painting back to original white VIP wall color. Any and all structural changes
and alterations agreed upon by OWNER and LICENSEE during the term of the agreement
will become the property of OWNER at the conclusion of agreement.

Upon termination of this agreement, LICENSEE will return the Suite to the same condition
in which the suite was occupied. The condition of said suite will not reflect any floor
changes. Upon written notice from the OWNER, the suite can be left in current decorated
condition.

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9. JANITORIAL SERVICE. OWNER shall provide janitorial and cleaning service to ONLY
common areas of the salon. The LICENSEE will be responsible for providing janitorial
services at their own expense for their individual suite. The LICENSEE shall also make
an effort to keep their glass, glass door and window clean at all times. The LICENSEE shall
also make an effort to keep the immediate area outside their suite door clean and free of
hair and other items.

10. UTILITIES. OWNER will provide and pay for water, electricity, and heat / air condition for
the entire premises.

11. TAXES. OWNER will pay for all taxes associated with the premises. LICENSEE is responsible
for all taxes associated with the operation of their suite, including sales tax on the License
Fee.

12. INDEMNITY BY LICENSEE. LICENSEE covenants and agrees to save OWNER harmless from
any and all loss, claims, damage and liability to any person or property occurring on about
the premises from any cause whatsoever.

13. DEFAULT BY LICENSEE. Any one or more of the following items will constitute a default of
this agreement:

a. Failure of LICENSEE to make required weekly rental payment hereunder this

agreement.
b. The loss or suspension of LICENSEE’S professional license.
c. The voluntary or involuntary filing bankruptcy by the LICENSEE
d. The assignment of any part of this agreement, hiring of employees/assistants or the
subletting of LICENSEE’S SUITE without prior consent of OWNER.
e. Any check returned for non-sufficient funds or ACH retuned with nonsufficient
funds to OWNER, account closure or any other reason in which the funds for the
return check and $35 penalty have not be submitted to the OWNER within seven
business days after notice has been given to LICENSEE of said returned check or
ACH non- sufficient funds notice.
f. LICENSEE’S violation of any term within this agreement OR any VIP Salon Suites
Policy.
g. Failure to keep their professional license current and posted at all times and made
available to Owner upon request.
h. Failure to act in a professional manner at all times while on premises.
i. Observance of Rules and Regulations. Licensees and its employees, clients, and
visitors shall observe faithfully and comply strictly with all Rules and Regulations
written below. Landlord shall at all times have the right to make reasonable changes
in and additions to such Rules and Regulation upon prior written notice to Tenant of
such changes.
i. Licensee’s client must process color and/or other treatments inside their
suite, at all times. Processing is only allowed in your suite, never in lobby or
lounge seating.

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 ii. Licensee’s client must remain inside your suite with ANY product on their
hair.
iii. Minor children must always remain in your suite, unless accompanied by an
adult. No running or playing in hallways.
iv. All garbage must be disposed of in the dumpster enclose on the south end of
the shopping center.
v. All cardboard boxes must be flattened and disposed of in the “recycle bin”
inside the dumpster enclosure. Do not use the garbage can outside our front
door for your garbage.

14. REMEDIES BY OWNER. Any default of this agreement by LICENSEE shall give OWNER the
following remedy:
Agreement will be terminated by OWNER in which case LICENSEE shall surrender suite to
OWNER within 72 hours of notice of termination of this agreement. The suite shall be
returned in the same condition as the suite was rented unless OWNER provides consent, in
writing, to LICENSEE that suite can remain in same condition. The keys to suite along with
any other keys to property shall be returned to OWNER within 72 hours. If LICENSEE fails
to surrender suite to OWNER within 72 hours, all supplies, materials, equipment will be
declared abandoned and will become the possession of OWNER. OWNER will be entitled to
recover all damages from LICENSEE from the default of LICENSEE under this agreement.
Any advance rent collected may be withheld by owners to pay for any damage and bring
back suite to rentable condition.

15. ASSIGNMENT AND SUBLETTING. LICENSEE may not assign this agreement or sublet all or
any part of the premises without having first received prior written consent of OWNER.

16. DAMAGES TO OR DESTRUCTION OF PREMISES. If the premises are partially or totally

destroyed or damaged by fire or other hazard, OWNER shall repair and restore the
premises as soon as it may be reasonably practicable to substantially the same condition in
which the premises were before such damage, PROVIDED, HOWEVER, in the event the
premises are completely destroyed or are so damaged that they cannot reasonably be used
by LICENSEE, then this agreement may be terminated by OWNER by serving written notice
of such termination upon LICENSEE.

17. INSURANCE POLICY. LICENSEE must always carry and keep current their own general
liability insurance, and name VIP Salon Suites, LLC as an additional insured. At the licensee’s
discretion, VIP Salon Suites recommends licensees also carry professional liability
insurance.

18. EXCLUSIVE AGREEMENT. This instrument sets forth all the promises, covenants,
agreements, conditions and understandings between OWNER and LICENSEE relating to the
premises. There are no promises, covenants, agreements, conditions or understandings,
either oral or written, between the parties other than as set forth in this instrument. No
subsequent alterations, amendments, changes, additions or deletions with respect to this
agreement shall be binding unless made in writing and signed by OWNER and LICENSEE.

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IN WITNESS WHEREOF, this agreement has been executed under seal by parties on the day and
year indicated below.

Salon
Professionals
State of FLORIDA

Please sign this document agreeing that you have read and understand the requirements in the
state of FLORIDA for the running of your own Salon Business and or for all requirements in the
state of FLORIDA to operate as an Independent Licensed Salon Professional. By signing this form,
you agree to follow the policies required by the state of FLORIDA as per the State Board of
Cosmetology.

_______________________________________________ ______________________
LICENSEE 1 DATE

Email Address: ______________________________________________________

Phone Number: _____________________________________________________
Profession/Services: ________________________________________________
Company Name: _____________________________________________________

_______________________________________________ ______________________
LICENSEE 2 DATE

Email Address: ______________________________________________________

Phone Number: _____________________________________________________
Profession/Services: ________________________________________________
Company Name: _____________________________________________________

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