Sub-Lease Surrender Agreement in Uganda

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THE REPUBLIC OF UGANDA

IN THE MATTER OF THE LAND ACT. CAP 227


IN THE MATTER OF THE REGISTRATION OF TITLES ACT, CAP 230
AND
IN THE MATTER OF LAND COMPRISED IN BLOCK 273 PLOT 321, LAND AT
KAKOOLA

SUB-LEASE SURRENDER AGREEMENT


THIS AGREEMENT is made this 22nd day of December, 2023 between:
WANG ENTERPRISES LIMITED, of (address of the company) (hereinafter referred to as
the "Sub-Lessee") on the one hand
AND
JET WANG LEE of P.O BOX 33900 Kampala (hereinafter referred to as the "Sub-Lessor") on
the other hand.
WHEREAS, the Sub-Lessor holds a sub-lease dated 9th December 2023 for the property located
at Block 237 Plot 231, Buloola, as per the lease obtained from the Buganda Land Board;
NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the parties agree as follows:
1. The Sub-Lease Agreement dated 9th December 2023 between Sub-Lessor and Sub-Lessee
is hereby surrendered and terminated.
2. Sub-Lessee acknowledges that all rights and interests in the land revert to Sub-Lessor.
3. Sub-Lessor releases Sub-Lessee from any further obligations or liabilities under the sub-
lease.
4. This surrender shall be effective as of signing this present.

IN WITNESS WHEREOF, the parties hereto have executed this Sub-Lease Surrender
Agreement as of the date first above written.

…………………………………………..
On behalf of Wang Enterprises Limited
(Sub-Lessee)
In the presence of
………………………………………….
Witness
………………………………………
Jet Wang Lee
(Sub-Lessor)
In the presence of;
………………………………….
Witness

All in the presence of


………………………………………………
Advocate

Drawn and prepared by:


Firm C3 & Co. Advocates
P.O Box 34567
Kagugubbe, Makerere
Kampala

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