<format type="json">{agreement_id: string, document_date: date, lease_parties: list[{party_type: string, entity_name: string, entity_address: string optional, contact_person: string optional}], property_details: {property_address: string, unit_identifier: string optional, square_footage: number, property_type: string}, lease_term: {start_date: date, end_date: date optional, term_duration_months: number, renewal_options: list[{option_number: number, renewal_period_months: number, notice_period_days: number, rent_escalation_method: string}]}, financial_terms: {base_rent_initial: number, rent_frequency: string, security_deposit_amount: number optional, escalation_schedule: list[{escalation_type: string, effective_date: date, increase_value: number, increase_unit: string}], additional_rent_components: list[{component_name: string, payment_structure: string, estimated_annual_cost: number optional}]}, maintenance_obligations: {lessor_responsibilities: list[string], lessee_responsibilities: list[string]}, use_restrictions: list[string], legal_provisions: {force_majeure_clause_present: boolean, sublease_assignment_terms: string, dispute_resolution_method: string optional}}</format> <data>**INTERNAL MEMORANDUM - LEASE ABSTRACT**

**TO:** Portfolio Management Team
**FROM:** Legal & Compliance Dept.
**DATE:** 2025-08-13
**RE: Summary of Executed Lease Agreement: LEASE-FOREIGN-2023-879

This serves as a summary of the commercial lease executed on 2023-01-31 between the Lessor, Padilla, Jensen and Camacho, and Lessee, Haynes PLC. The subject of this agreement is the Office property at 768 Mendez View Apt. 956, Suite 1451, Lawrencestad, New Hampshire 41027, comprising approximately 22,898 square feet. All relevant documentation has been filed under our standard procedures, and the original document is stored in the main vault.

The lease term is set for 84 months, commencing on 2023-07-14 and concluding on 2030-07-13. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $94,556.93, payable on a monthly basis. A security deposit of $94,556.93 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 8.53% taking effect on 2024-07-13. Additional rents include Real Estate Taxes (Pass-through), Insurance (Fixed annual contribution), Common Area Utilities (Pass-through).

Regarding property maintenance, the Lessor is responsible for: Parking lot maintenance; Common area maintenance (CAM); Landscaping and snow removal. The Lessee's duties include: Pest control within the unit; Interior non-structural maintenance. Use of the premises is specifically limited. Key restrictions include: Signage must be approved by Lessor. Business operations restricted to 8:00 AM to 10:00 PM. No structural alterations without Lessor approval.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Permitted, subject to Lessor's right of first refusal and a profit-sharing clause. A force majeure clause is present in the agreement.  Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-FOREIGN-2023-879",
  "document_date": "2023-01-31",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Padilla, Jensen and Camacho",
      "contact_person": "Scott Smith"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Haynes PLC"
    }
  ],
  "property_details": {
    "property_address": "768 Mendez View Apt. 956, Suite 1451, Lawrencestad, New Hampshire 41027",
    "square_footage": 22898,
    "property_type": "Office",
    "unit_identifier": "Suite 1451"
  },
  "lease_term": {
    "start_date": "2023-07-14",
    "term_duration_months": 84,
    "renewal_options": [],
    "end_date": "2030-07-13"
  },
  "financial_terms": {
    "base_rent_initial": 94556.93,
    "rent_frequency": "monthly",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2024-07-13",
        "increase_value": 8.53,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-07-13",
        "increase_value": 7.65,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Pass-through"
      },
      {
        "component_name": "Insurance",
        "payment_structure": "Fixed annual contribution"
      },
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 8366.44
      }
    ],
    "security_deposit_amount": 94556.93
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Parking lot maintenance",
      "Common area maintenance (CAM)",
      "Landscaping and snow removal"
    ],
    "lessee_responsibilities": [
      "Pest control within the unit",
      "Interior non-structural maintenance"
    ]
  },
  "use_restrictions": [
    "Signage must be approved by Lessor.",
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "No structural alterations without Lessor approval."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": true,
    "sublease_assignment_terms": "Permitted, subject to Lessor's right of first refusal and a profit-sharing clause."
  }
}