Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - Broad Street Realty, Inc. | v181099_ex32.htm |
| EX-3.1 - EX-3.1 - Broad Street Realty, Inc. | v181099_ex3-1.htm |
| EX-31.2 - EX-31.2 - Broad Street Realty, Inc. | v181099_ex31-2.htm |
| EX-31.1 - EX-31.1 - Broad Street Realty, Inc. | v181099_ex31-1.htm |
| 10-K - 10-K - Broad Street Realty, Inc. | v181099_10k.htm |
Exhibit
10.9
AGREEMENT
FOR USE OF OFFICE
AND
ADMINISTRATIVE SERVICES
This Agreement, entered into
this 4th day of
September, 2009 by and between Patriot Rail Corp. (“Patriot”)
and BHIT, Inc. a Delaware Corporation (“BHIT”).
Whereas: Patriot
currently is a Subtenant of Suite 342W. (the “Suite”), at 2255 Glades Road, Boca
Raton, FL pursuant to a Sublease Agreement, and
Whereas: Patriot
has available offices with the Suite and BHIT desires to use such offices in the
Suite on a month to month basis, and
Whereas: Patriot has
administrative services available with the Suite including secretarial,
receptionist, telephone answering services, coffee service and the like,
(“Services”), and BHIT desires to use such services on a month to month basis,
and
Whereas: The
parties desire to set forth the terms of the relationship in this
Agreement.
Now, therefore, the parties,
intending to be legally bound, hereby agree as follows:
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1.
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Patriot
shall permit BHIT full or partial use of two offices in the Suite which
have been shown to it and Patriot shall allow BHIT to use the Services on
a month to month basis beginning September 4, 2009. The offices
are currently designated for the Controller of B.H.I.T. Inc. on a full
time basis and for the Vice President of B.H.I.T. Inc. on a part time
basis. BHIT agrees that only its designated personnel shall be
permitted to use such office and the
Services.
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2.
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The
monthly fee for such office use if Five Thousand ($5000.00) dollars
payable in advance and due no later than the fifth day of each
month.
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3.
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Patriot
shall supply a desk and chairs together with internet access located
within the office.
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4.
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Either
party shall have the right to terminate this agreement for any reason upon
thirty (30) days prior written notice to the
other.
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5.
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BHIT
shall pay the first month’s fee of $5000.00 at the time of the execution
of this Agreement.
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6.
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BHIT
agrees to follow the rules and regulations of the building and any
additional reasonable rules set forth during the term of the
Agreement.
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7.
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Any
notices shall be given as follows:
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To
Patriot Rail Corp:
Gary O.
Marino, CEO
Patriot
Rail Corp.
2255
Glades Road, Suite 342W
Boca
Raton, FL 33431
To
B.H.I.T., Inc.:
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Copy
to:
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Lawrence
Rutstein
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VP-Administration
B.H.I.T.,
Inc.
2255
Glades Road, Suite 342W
Boca
Raton, FL 33431
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8.
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This
Agreement shall not be amended or modified except in writing and Agreed
by both parties hereto.
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In witness whereof, the
parties have caused this Agreement to be executed effective as of the day and
year first above written.
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Patriot
Rail Corp
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By:
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/s/ Gary O. Marino
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Gary
O. Marino
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Its:
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President
and CEO
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B.H.I.T.
Inc.
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By:
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/s/ Lawrence Rutstein
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Lawrence
Rutstein
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Its:
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VP
Administration
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