NOTE 15 ? COMMITMENTS AND CONTINGENCIES The Company leases its Century City restaurant location under an operating lease with a remaining term of 10 years. Restaurant leases typically include land and building shells, require contingent rent above the minimum base rent payments based on a percentage of sales ranging from 7% to 10%, have escalating minimum rent requirements over the term of the lease and require various expenses incidental to the use of the property. The lease also has a renewal option, which the Company may exercise in the future. The Company?s current lease provides early termination rights, permitting the Company and its landlord to mutually terminate the lease prior to expiration if the Company does not achieve specified sales levels in certain years. As of June 29, 2014, the aggregate minimum annual lease payments under operating leases, including amounts characterized as deemed landlord financing payments are as follows: 2014 $ 97,559 2015 200,483 2016 206,498 2017 212,692 2018 219,073 Thereafter 263,910 Total $ 1,200,215 Rent expense for the Company?s Century City operating lease was $34,766 and $34,766 for the thirteen weeks ended June 29, 2014 and three months ended June 30, 2013, respectively, and was $69,532 and $69,532 for the twenty-six weeks ended June 29, 2014 and six months ended June 30, 2013, respectively. During the year ended December 31, 2012, GNH Topanga entered into a Lease Agreement with Westfield Topanga Owner, LP, a Delaware limited partnership, to lease approximately 5,900 square feet in the Westfield Topanga Shopping Center. The lease includes land and building shells, provides a construction reimbursement allowance of up to $475,000, requires contingent rent above the minimum base rent payments based on a percentage of sales ranging from 7% to 10% and require other expenses incidental to the use of the property. The lease also has a renewal option, which GNH Topanga may exercise in the future. The Company?s current lease provides early termination rights, permitting th