AGREEMENT OF TENANCY

This Agreement of Tenancy is made Between in Continuation of Agreement of Tenancy which was Executed and signed by both the parties on open. This agreement of Tenancy is made at Karachi, this 1st Nov 2012.

BETWEEN
GP. CAPT SYED SHAKEEL AHMED HASHMI S/O SYED IBRAHIM AHMED HASHMI, holding NIC No. 42201-6691714-9, Muslim, adult, resident of House No. 8/1, Street No. 35, Khyaban-e-Muhafiz, DHA Phase-VI Karachi, hereinafter called OWNER Party of the One Part:

AND
GP. CAPT (RETD) SHAFIQ UR REHMAN BUTT S/O ABDUL MAJEED BUTT, holding NIC No. 37405-0431573-5, Muslim, adult, resident of House No. SDH-236, Falcon Complex Malir Cantt Karachi, hereinafter called the TENANT Party of the other Part: (Both expression shall wherever the context so permits, mean & include their heirs, executors, administrators, successors, and assigns). WITNESSETH AS UNDER Whereas the Owner is the sole and absolute OWNER of HOUSE BEARING NO. SDH-269, FALCON COMPLEX, SITUATED
AT

AIR FORCE OFFICE HOUSING

SCHEME, MALIR CANTT, KARACHI, vide NOC Issued by AHQ NO. 133, DATED 12/10/2010, called SAID PREMISES AND WHEREAS the OWNER has agreed to lat the SAID PREMISES, to the aforesaid TENANT on Monthly Rent of Rs. 35,000/- (Rupees Thirty Five Thousand Only), on the following terms and condition:Continued on Page - 2

PAGE-2
1. That, the Tenant had already Deposited a sum of Rs. 64,000/(Rupees Sixty Four Thousand Only), which will be treated as FIXED SECURITY DEPOSIT MONEY, refundable to the Tenant at the time of entire vacation of the SAID PREMISES (without interest) after deducting dues, damages, charges, if any. 2. That the TENANT Paid 6 MONTHS(S) ADVANCE RENT to the OWNER i.e Rs. 2, 10,000/- (Rupees Two Lac Ten Thousand Only), which will be adjustable in rent for the period 01/11/2012 to 30/04/2013, a post dated Cheque 05 Month Rent Rs. 1,75,000/- (Rupees One Lac Seventy Five Thousand Only), shall be paid by 01/05/2013or before for the remaining Tenure. 3. That, the OWNER has handed over the vacant peaceful possession of the Said Premises to the TENANT, this Agreement of Tenancy, shall come into force with effect from the above mentioned date and shall be valid for Eleven (11) months only i.e effect from 01/11/2012 and expiring on 30/09/2013. 4. That, the TENANT would pay Electricity, Gas and Telephone Bills as per month wise reading to concerned Authorities. Water charges shall be paid as per the procedure adopted in Falcon Complex by the TENANT. The OWNER shall pay Govt. Tax, Cantt Board House Tax., and any other Tax against the said property from her own source of income. 5. That, the TENANT shall not make any alteration addition, without the permission of the OWNER any damages willful / due to fault of Tenant to the fitting and fixture would be payable by the TENANT at full cost. 6. That if the OWNER to get the said premises vacated from the TENANT he shall house give one month notice to the Tenant & Vice-Versa. 7. This agreement shall be renewed with Mutual Consent of both the parties with same arrangement of advance & deposit for tenure of eleven months with 10% increase in Monthly Rent. IN WITNESSES WHEREOF the parties set their respective hands before the witnesses here at Karachi, the day monthly and the year first above mentioned.

OWNER:______________________ GP. CAPT SYED SHAKEEL AHMED HASHMI S/O SYED IBRAHIM AHMED HASHMI NIC No. 42201-6691714-9 House No. 8/1, Street No. 35, Khyaban-e-Muhafiz, DHA Phase-VI Karachi

TENANT: __________________________ GP. CAPT (R) SHAFIQ UR REHMAN BUTT S/O ABDUL MAJEED BUTT NIC No. 37405-0431573-5 House No. SDH-236, Falcon Complex Malir Cantt Karachi,

WITNESSES

1. ____________________________ Name: WG.CDR. (R) ABDUL BASEER NIC No. 42501-1487139-3 Address. H.NO. SD-4, DOHS-II MALIR, CANTT., KARACHI

2. __________________________ Name: MANZOOR HUSSAIN NIC No. 712024144226-9 Address. ASKARI PROPERTY ADVISOR MALIR CANTT.

RECEIPT

Received a sum of Rs. 2, 74,000/- (Rupees Two Lac Seventy Four Thousand Only), from GP. CAPT (RETD) SHAFIQ UR REHMAN BUTT S/O ABDUL MAJEED BUTT, holding NIC No. 37405-0431573-5, Muslim, adult, resident of House No. SDH-236, Falcon Complex Malir Cantt Karachi, from which (06) SIX MONTHS ADVANCE RENT of Rs. 2, 10,000/- (Rupees Two Lac Ten Thousand Only), and (2) Rs. 64,000/- (Rupees Sixty Four Thousand Only), as FIXED SECURITY DEPOSIT
MONEY,

refundable to the

TENANT at the time of entire vacation of the SAID HOUSE (without interest) after deducting dues, damages, charges, if any against rent out the HOUSE/PROPERTY NO. SDH-269, FALCON COMPLEX, SITUATED
AT

AIR FORCE

OFFICE HOUSING SCHEME, MALIR CANTT, KARACHI, as per Agreement of Tenancy, dated: 27/11/2011.

Karachi, Dated: 01/11/2012. ________________________ Signature of LANDLORD GP. CAPT SYED SHAKEEL AHMED HASHMI S/O SYED IBRAHIM AHMED HASHMI NIC No. 42201-6691714-9 House No. 8/1, Street No. 35, Khyaban-e-Muhafiz, DHA Phase-VI Karachi

WITNESSES
1. ____________________________ Name: WG.CDR. (R) ABDUL BASEER CNIC No. 42501-1487139-3 Address. H.NO. SD-4, DOHS-II MALIR, CANTT., KARACHI 2. __________________________ Name: MANZOOR HUSSAIN CNIC No. 712024144226-9 Address. ASKARI PROPERTY ADVISOR MALIR CANTT.