4B states (last line):
This service agreement shall from that date of expiration continue as periodic Searvice agreement for a period equal to the term of the original term of the Service Agreement (as set out in item 7 overleaf), at a service fee which is appropriate at the time of such renewal as determined by Servcorp in its absolute discretion and notified by it to the client.
Here is what the agent stated in her email:
". Failure to provide the required notice has resulted in the lease being held over for a further 12 month period. The end date of the Rental Agreement is now 16 December 2014 (please refer to Holding Over clause 4(b) of the lease for further clarification)."
I am not sure if anything could be done but Section 13 talks about termination. May be you could see something we can do to end this agreement.
BTW the small print is less than 8 it is probably 6. You have to have 20/20 to be able to read it .
Section 13 termination
a.Servcorp may terminate this Service agreement by giving one month's
written notice to the Client at any time.
b.Servcorp shall have the right to withhold Services (including incoming and outgoing telefone calls and Client access to the Office and or re-enter the office without prior notice and shall have a general lien on all property of the Client physically situated on any premises of Servcorp or alternatively at Servcorp discretion continue this Service Agreement as periodic Service Agreement from month to month:
i. where the client has failed to pay for Accommodation or Services on the respective due dates;
ii.Where the client has brService Agreement and fails to remedy that breach within seven days of being requested by Servcorp to do so.
c.The client has breached any term of this Service Agreement and fails to remedy that breach within seven days of being requested by Servcorp to do so.
d.The client may remove its possessions and shall remove their signs provided that any damage or defacement occasional in the course of such removal shall be remedied by the client immediately and at their own expense.
If it fails to do so Servcorp may do so at client's expense.
e.Upon the termination or determination of this Service Agreement for any cause the client shall promptly and peacefully cease to occupy of the office and leave them in the condition and state of repair required by clause 7 of this Service Agreement, and at the same time hand over all keys and access cards.
f.At time of termination, fee (maximum fee will be two months list Accommodation Service) will be charged for administrative and office costs related to termination of the Service Agreement. This includes but is not limited to the administrative fees, termination of phone and internet connections and make good of the premises (e.g.painting, steam cleaning of carpet, furniture repair, and maintenance to common areas and floor equipment.)
Restoration will be carried out by Servcorp's nominated contractors and personnel . Servcorp may continue to charge accommodation services to the client for the time taken to restore/clean and will be charged at the rate applicable immediately prior to vacation.
g.If the client fails to demand the refund of the security deposit within 360 days after the date of termination of this Service Agreement, the security deposit shall be deemed forfeited to Servcorp absolutely.
h.At the time of termination the client, at servcorp's discretion, will be required to pay a call administration/handling fee equipment to the Platinum Virtual membership for period of 3 months from the date of termination. This membership endeavours to ensure a smooth transition for the client's business out of Servcorp.