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Guest Agreement

This Guest Agreement (the “Agreement”) is entered into by and between matsuri technologies Inc.
(“matsuri technologies Inc.”) and you (“Guest”). This Agreement, the matsuri technologies Inc. Guest
Terms and Conditions (the “Terms and Conditions”), and any applicable addenda (“Addenda”) are all
critical elements of the agreement between matsuri technologies Inc. and Guest, and are referred to
collectively as the “Agreement.” matsuri technologies Inc. and Guest agree as follows:

 

1. Premises
matsuri technologies Inc. grants Guest the exclusive right to use the specified property (the “Unit”) as
a private dwelling only, together with the fixtures and appliances in the Unit, for the below stated
Term of occupancy, subject to all of the provisions of this Agreement. Guest’s use of the Unit is
strictly limited to residential purposes only. Any illegal activity, commercial use, or use by persons
other than the Guest(s) listed in this Agreement is strictly prohibited.

 

2. Term of Occupancy
For Units located in New York City, the Minimum Stay shall be at least thirty (30) consecutive nights.
The term of Guest’s occupancy of the Unit (the “Term”) will begin on the “Commencement Date” and
end on the “End Date.” The Term may be terminated early only upon thirty (30) days’ advance written
notice to matsuri technologies Inc., as further set forth in the Terms and Conditions. This Unit requires
a minimum stay (a “Minimum Stay”), and therefore an early termination by the Guest will not be
permitted unless the Minimum Stay period has been reached. Guest must vacate the Unit on the End
Date. No extensions of the Term are permitted without the express written consent of matsuri
technologies Inc.

 

3. Accommodation Fee and Additional Charges
3.1 The Unit is subject to a base monthly fee (the “Accommodation Fee”), the monthly utilities fee
(the “Utilities Fee”), and potential Additional Fees.
All such charges, whether payable prior to or after the Commencement Date, are collectively referred
to as “Additional Fees.” The Accommodation Fee, Utilities Fee, and Additional Fees are sometimes
collectively referred to herein as the “Guest Fees.”

 

4. Deposit

For Units in New York State used for residential occupancy, the Security Deposit shall not exceed one
(1) month of the monthly Accommodation Fee and shall be returned within fourteen (14) days after
surrender, together with an itemized statement of any deductions.
4.1 A refundable deposit (the “Deposit”) shall be paid by the Guest only if required by matsuri
technologies Inc. prior to the Commencement Date. The Deposit shall be held as security against any
unpaid Guest Fees and any damages to the Unit, in accordance with the terms of this Agreement.
The Guest may pay the Deposit using any of the payment methods set forth in the Guest Terms and
Conditions, including credit card, wire transfer, or Payoneer.
4.2 Unless otherwise provided elsewhere in this Agreement, Guests who are authorized by matsuri
technologies Inc. to make their payments through Plaid’s instant bank transfer (“Instant bank
transfer”) shall be exempt from providing a Security Deposit in accordance with Section 4.4 of
matsuri technologies Inc.’s Guest Terms and Conditions.

 

5. Payment and Due Dates
5.1 At the time of execution of this Agreement, Guest has made an initial payment to be applied
toward the Accommodation Fee, so that matsuri technologies Inc. can reserve the Unit for Guest’s use
during the Term. Upon full execution of this Agreement and matsuri technologies Inc.’s receipt of the
Initial Payment, Guest is deemed to have a “Reservation” for the Unit.
5.2 Guest shall pay all fees due according to the schedule below. Should Guest fail to make the
foregoing payment in full, when due, time being of the essence, matsuri technologies Inc. may
immediately terminate this Agreement and Guest’s Reservation without further obligation, and
matsuri technologies Inc. may retain some or all of the Initial Payment in accordance with matsuri
technologies Inc.’s cancellation policy set forth in the Terms and Conditions. The remaining payments
are due as set forth in the payment schedule (the “Payment Schedule”).
5.3 Payment is due as set forth in the Payment Schedule, without offsets, deductions, or credits. The
Accommodation Fee for any partial month will be prorated at a rate of 1/30th of the monthly
Accommodation Fee per day.
5.4 Guest shall pay all Guest Fees when due, by check, wire transfer, credit card or Payoneer, in
accordance with the terms of this Agreement. All credit card payments of Guest Fees are subject to a
3.2% surcharge on such payment amounts. Should you choose to pay with credit card, please note that
the surcharge amount is non-refundable, including in the case of an approved lease cancellation.
Where a credit-card surcharge is applied for transactions in New York, matsuri technologies Inc. will
clearly disclose, before payment, the surcharge amount and the total price including the surcharge, and
will offer at least one non-surcharge payment method. The surcharge will not exceed matsuri
technologies Inc.’s actual cost of acceptance.

 

6. Holdover
During any holdover period, Guest shall pay use and occupancy in an amount not to exceed three
hundred percent (300%) of the monthly Accommodation Fee, prorated daily.
If Guest fails to vacate the Unit by the End Date without the express written consent of matsuri
technologies Inc., Guest shall be deemed a “Holdover Tenant.”

 

7. Default and Remedies
Failure to pay Guest Fees when due, material violation of this Agreement or the Terms and
Conditions, or breach of applicable law shall constitute a default. In the event of default, matsuri
technologies Inc. may terminate this Agreement upon notice and pursue all legal remedies, including
but not limited to eviction proceedings pursuant to RPAPL §711 and recovery of damages.

 

8. Attorney’s Fees
In the event of any legal action or proceeding arising out of this Agreement, the prevailing party shall
be entitled to recover its reasonable attorney’s fees and court costs. This provision shall be mutual in
accordance with Real Property Law §234.

 

9. No Subletting or Assignment
Guest shall not sublet the Unit, license use of the Unit, or assign this Agreement without the prior
written consent of matsuri technologies Inc. Any request for consent shall not be unreasonably
withheld, but matsuri technologies Inc. reserves the right to deny such requests on reasonable
grounds, including but not limited to creditworthiness, intended use, and compliance with applicable
law.

 

10. Access to Premises
matsuri technologies Inc. and its agents reserve the right to enter the Unit for inspections, repairs, or
showings, provided that Guest is given at least 24 hours’ prior notice, except in the case of emergency
where immediate access is permitted without notice.

 

11. Terms and Conditions and Addenda

Guest’s occupancy of the Unit is subject to the terms of this Agreement and the matsuri technologies
Inc. Guest Terms and Conditions incorporated by reference. Guest’s occupancy of certain Units may
also be subject to the terms of additional Addenda, each such Addenda setting forth the circumstances
under which it will apply. This Agreement constitutes a legally binding agreement between matsuri
technologies Inc. and Guest, and Guest acknowledges that it has read, understands, and agrees to all of
the terms, conditions, policies and disclosures set forth in the Agreement.

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Company name: matsuri technologies Co., Ltd.

Address: 4th floor, Daiichi Katsura Castle Building, 2-5-23 Takadanobaba, Shinjuku-ku, Tokyo

TEL: 03-6228-0440

© 2021 by matsuri technologies

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