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LEASE DEED

This Lease Deed (hereinafter referred to as the “Lease Deed”) is made on this 15th day of May,
2015 at Kanpur.

BY AND BETWEEN

Mrs. Sushila Devi w/o Ram Dulare Tiwari ( as an individual and not as an organization )
Owner of 2/717, Gaji Kheda, Shuklaganj, Netuwa, Ganga Ghat, Unnao-209861 (hereinafter
referred to as the “LESSOR”, which expression shall, unless repugnant to the context or meaning
thereof, include its legal heirs, successors, permitted assigns, nominees, executors, administrators)
of the ONE PART.

AND

Hindustan Media Ventures Limited, a Company incorporated under the Companies Act, 1913
having its Registered Office at Budh Marg, Patna through its duly authorized signatory,
__________ (hereinafter referred to as the “LESSEE") which expression, unless repugnant to the
context or meaning thereof, shall be deemed to mean and include its legal representatives,
successors-in-interest, executors, administrators and permitted assigns, of the OTHER PART.

The LESSOR and the LESSEE are hereinafter individually referred to as a “Party” and
collectively as the “Parties”

A. The LESSOR are the legal, absolute and exclusive owner of and is sufficiently entitled to
Lease the building and the said premises situated at 6/4, Rajdhani Marg, Shuklaganj,
Unnao-209801 with One Big Room and washroom as detailed in Schedule I (hereinafter
altogether referred to as “SAID PREMISES”).

.
B. The LESSOR have agreed to give on lease and the LESSEE has accepted to take on lease
the SAID PREMISES as more particularly described in the Schedule-I attached hereto
C. LESSOR have represented and warranted to the LESSEE (and the LESSEE has entered
into this Lease Deed on the faith and veracity of this representation and warranty, without
making any independent enquiry) that the LESSOR have the necessary power and
authority to grant Lease to the whole or any part of the SAID PREMISE on tenancy basis
from month to month.

D. The LESSOR have also represented that the Said Premises has been duly construed with
good workmanship and quality materials abiding by the laws/bye-laws/building
regulations governing the Said Sremises.
E. The LESSOR have agreed to give on lease and the LESSEE, relying on the representations
made by the LESSOR herein, has accepted to take on lease the Said Premises as per
detailed terms and conditions as provided for in this Lease Deed and the Parties have agreed
to enter into this Lease Deed to give effect to eh aforesaid.

NOW THEREFORE, in consideration of the mutual promises, covenants, terms and conditions
and understandings set forth herein in this Lease Deed, , the Parties with the intent to be legally
bound hereby agree as follows:

1. LEASE
1.1 That in consideration of the representations, warranties, covenants and agreements set forth
herein and other valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, and subject to the terms and conditions set forth herein, the LESSOR doth
hereby demise unto the LESSEE the SAID PREMISES.

1.2 The LESSOR hereby grants on to the LESSEE and the LESSEE hereby agrees to take on
lease the SAID PREMISES for commercial purposes for operating its business related
activities on the terms and conditions contained herein.
2. TERM AND LOCK-IN PERIOD
2.1 Notwithstanding the date of signing the Lease Deed, the lease shall commence on
15/05/2015 (hereinafter referred to as the “EFFECTIVE DATE”) and shall be valid for
Three Years. Further the Lease shall be considered to be automatically renewed for
another Three Years, unless terminated earlier in terms of this Lease Deed. Period of
Effective Date till Date of End of Lease Period ( or the effective date in case of any earlier
Termination ) shall be the term of this Lease Deed.
2.2 A period of Three Years commencing from the Effective Date shall be considered as the
Lock-in-Period for the Parties ( hereinafter referred to as “Lock-in-Period”). Subject to the
termination Clause of this Lease Deed, either Party shall have a right to terminate the Lease
Deed during the Lock-in-Period submitting a notice before 20 days of action with their
intent.
3. RENT COMMENCEMENT DATE
Notwithstanding the signing date of the agreement, the rent shall commence from
15/05/2015 ( hereinafter referred to as “Rent Commencement Date”). Payment of rent shall
start from Rent Commencement date i.e from 15/05/2015.
4. RENT
4.1 From Effective Date, The LESSEE shall pay to the LESSOR, during the lease period
as rent a monthly advanced consideration of INR 2000/- (Indian Rupees Two Thousand
Only) (hereinafter referred to as “TOTAL RENT”) for the SAID PREMISES along
with applicable service tax plus (hereinafter collectively referred as “INCLUSIVE
RENT” which shall always mean the applicable amended/modified monthly
consideration and the amount of Service tax at the applicable time). Further it is
clarified between the Parties, that the amount of INR 2000 ( Indain Rupees Two
Thousand only shall be considered as Rent ( hereinafter referred to as “Rent” ).
Payment shall be through RTGS/NEFT/Cheque of the name of Sushila Devi.
4.2 LESSEE shall pay the Total Rent of the First month in advance. Further the LESSEE
shall pay the Total Rent to the LESSOR along with the applicable service tax by means
of account payee cheques as per details mentioned in Schedule 2
4.3 All payments made by the LESSEE to LESSOR shall be subject to deduction of TDS
wherever applicable according to the laws for the time being in force.
4.4 Rent will be enhanced by 5% after every year after the completion of every twelve
months
4.5 The LESSEE shall pay the INCLUSIVE RENT in advance before the 7th Day of each
English calendar month to LESSOR in accordance with above Sub-Clause. For any
incomplete calendar month during the Term the Total Rent shall be payable on
proportionate basis.
4.6 The LESSEE shall contribute its share towards maintenance of common area, exterior,
parking, drainage and other common facilities etc.
4.7 In case any division is occurred during the LESSOR regarding the Said Premises the
ratio of Total Rent shall be altered in accordance with such partition after the mutual
discussion of the Parties.

5. SECURITY DEPOSIT
5.1 The LESSEE has deposited with the LESSOR a sum of INR 6,000/- (Indian Rupees Six
Thousand Only), as Interest Free Refundable Security Deposit (IFRSD) i.e Rent
equivalent to 3 ( Three ) month rent in the flowing manner:
The IFRSD shall be returned simultaneously on the LESSEE delivering vacant physical
possession of the SAID PREMISES at the time of vacating and handling over the vacant
possession by each of the Lessor, after adjusting the amounts agreed to under this Lease
Deed, either on the expiry of this Lease Deed by efflux of time or due to its termination,
whichever is earlier in terms of this Lease Deed, subject to deductions of mutually
agreeable dues or any damages, if any, payable by the LESSEE, in term of this Lease
Deed. Further, if in spite of the readiness and willingness of the LESSEE to vacate the
SAID PREMISES, the LESSOR commit(s) a default in forthwith refunding the total
amount of IFRSD to the LESSEE against the SAID PREMISES, the LESSOR shall be
liable to pay to the LESSEE an interest @18%p.a. on the IFRSD from the date of expiry/
termination of lease till the date of refund of the IFRSD. The LESSEE shall continue to
occupy the SAID PREMISES rent free till the IFRSD and the interest accrued thereon are
refunded by the LESSOR to the LESSEE and without paying any extra charges.

6. ELECTRICITY , WATER CHARGES, TAXES AND OTHER CHARGES

6.1 The LESSOR shall provide separate electrical and water connections for the SAID
PREMISES with no dues prior/as on to the EFFECTIVE DATE. Thus, the LESSEE
agrees to pay the Electricity and Water charges on actual consumption basis, directly to the
concern authority along with late fee/penalties if any on account of delay. The LESSOR
before handing over vacant possession of the SAID PREMISES to the LESSEE shall
ensure that there is no outstanding payments/dues payable towards electricity and water
charges and shall inform the LESSEE if any notice or discontinuation of electricity / water
supply has been served upon the LESSOR.

6.2 It shall be the duty of the LESSOR to pay all, rates, taxes, including without limitation,
property tax, municipal tax and any other taxes in respect of the SAID PREMISES in time
so as not to jeopardize the rights and interests of the LESSEE conferred under this
Agreement. The LESSOR shall keep the LESSEE indemnified and harmless of all claims,
demands and outstanding regarding the SAID PREMISES payable to Municipal or any
other party/government authorities. In case the LESSOR defaults in this respect the
LESSEE may make the payments, after giving due notice to the LESSOR, directly and
deduct the same from the Total Rent.

6.3 The LESSOR shall bear and pay all the past, present and future taxes whether existing or
enhanced, the property taxes, rates and cesses payable to corporation and / or any other
Government Authority in regard to the SAID PREMISES.

7. MUTUALLY AGREED COVENANTS, OBLIGATIONS AND UNDERTAKINGS


OF LESSEE AND LESSOR
7.1 The LESSOR have assured the LESSEE that they are the sole owner of the
SAID PREMISES and have absolute right to receive Total Rent as mentioned
in this Agreement. In case any dispute regarding title of the SAID PREMISES
arises, the LESSOR shall be solely jointly responsible to clarify the same and
keep the LESSEE harmless and indemnified from any loss arising thereof.

7.2 The LESSEE shall use the SAID PREMISES only for official purpose only
adhering to the municipal bye-laws, rules and regulations for the time being in
force and shall not use the SAID PREMISES for any other purpose or business.
The LESSEE alone is entitled to function in the SAID PREMISES and no other
company and companies which belong to the group of Companies controlled
by HINDUSTAN MEDIA VENTURES LTD. is entitled to establish or
function in the SAID PREMISES. In case of any change in the name or
constitution of the company or merger the LESSEE shall intimate in advance
to the LESSOR. No employee is entitled to reside in the SAID PREMISES.

7.3 It shall be the responsibility of the LESSEE to maintain periodically the


electrical fittings, SAID PREMISES white washing, water connection together
with the fittings provided with the SAID PREMISES. That the LESSOR shall
be responsible for all external structural repairs and shall keep the exterior of
the SAID PREMISES, the drainage water pumps etc. thereof in good and
tenable conditions.

7.4 The LESSOR agree and undertake that the LESSEE shall have uninterrupted
right to access to the SAID PREMISES, 24 hours in a day and 7 days in a week
and also on all holidays whatsoever. No act or deed shall be done on account
whereof the use of the SAID PREMISES is impaired or impeded.
7.5 The LESSEE or its officer(s) shall be at a liberty to bring into the SAID
PREMISES its or his furniture and any other article and things necessary or
required for such commercial/official with liberty to remove the same on expiry
of this lease agreement or its earlier determination thereof.
7.6 The LESSEE shall erect name board nameplates, sign board etc. as prescribed
by the municipal laws. The LESSEE agrees that any permission required and
charges to be paid to the local authorities in displaying board/name plate and
consequential tax/charges, other than what is agreed under the Lease Deed, will
be the LESSEE’S sole responsibility.
7.7 The LESSEE with the prior approval of the LESSOR shall be entitled to make
structural alterations of any kind and also erect or build or permit to be erected
or built on the SAID PREMISES any constructions or erections and such
approval shall not be unreasonably withheld by the LESSOR. However the
LESSEE is allowed:-
a) To make such alterations as may be necessary for electrical
fittings and for the efficient air conditioning of the SAID
PREMISES and/or for the purpose of the LESSEE’s business.
b) To erect and maintain internal partition of wood, or other suitable
material.
c) To paint the name and business of the LESSEE in the exterior of
the SAID PREMISES and to affix on such places, boards,
nameplates, and neon signs, for the light purposes as the LESSEE
may reasonably require.

7.8 The LESSEE shall not do or cause or permit to be done upon the SAID
PREMISES or any part thereof anything which may become public or private
nuisance or announce damage and cause disturbance to the LESSOR, other
occupants or the owner or occupier of any adjoining and neighbouring
property(s).
7.9 The LESSEE agrees and undertakes that they shall not cause any nuisance
damages or obstruction either to LESSOR or to other occupants and shall
always maintain the SAID PREMISES neat and clean.
7.10 All approvals, consents and notices to be given under this Lease Deed shall
be in writing and shall be signed by the LESSOR or their duly authorized agent
and any notice to be given to the LESSEE shall be considered as duly served if
the same has been posted by registered postal addresses to LESSEE at its
registered office aand by a way of sending emails specifically provided by the
authorized representative of the LESSEE in writing, for the purpose of
communication under this Lease Deed. ( both the LESSOR hereby
acknowledge and undertake that any communication by/to any of the LESSOR
shall be construed as the same has been made with the consent/knowledge of
both the LESSOR. None of the LESSOR shall ever raise any objection over
any communication made with any of the LESSOR under this agreement if any
communication is addressed /communicated to any of the LESSOR ) and any
notice to be given to the LESSEE shall be considered as duly served if the same
has been posted y registered post addressed to the LESSEE at its registered
office and by the way of sending an email id specifically provided by the
authorized representative of the LESSEE in writing, for the purpose of
communication under this LEASE DEED. In case of any change in the email
id and non use, the LESSEE shall intimate to the LESSOR and in such absence
the posting of letter to registered post office is deemed to be a proper service.
Likewise the LESSEE shall address all communications to the LESSOR by
registered post to their address or email id(s) at;
EMAIL ID-NA
7.11 The LESSEE shall not commit any act of waste upon the SAID PREMISES
or any part thereof and shall keep the SAID PREMISES in a fit and proper
condition.
7.12 The LESSEE shall use the SAID PREMISES only for its business for
which it is leased and not to use the same for residential or any other purpose
other than for which it is leased.
7.13 Its agreed by the LESSEE that if for any reason whatsoever the LESSEE
shall omit to perform or observe any covenants or conditions on the LESSEE’s
part herein contained, the LESSOR may re-enter upon the SAID PREMISES
provided that the LESSOR have given written notice to the LESSEE and a
period of one month has elapsed after the service of such notice, and the
LESSEE has not taken any steps to rectify the defaults in which event the
LESSOR shall immediately refund to the LESSEE the DEPOSIT if any, paid
by the LESSEE in respect of the remaining period of Lease after adjusting the
outstanding if any, of the LESSEE and there upon all rights of the LESSEE
hereunder shall stand terminated.

7.14 If the LESSOR at any time during the Term of the Lease Deed sell or
transfer and or part with ownership, of the SAID PREMISES for whatever
reason, either in whole or in part or parts thereof, to any one person or more
than one person, then in that event the LESSOR(S) shall ensure that the new
owner/transferee(s) shall be bound to the same terms and conditions as are
contained herein. Moreover, the LESSOR shall be responsible to ensure that a
letter shall be issued by the prospective new owner/transferee(s) in favour of
the LESSEE within 10 days of such sale, transfer etc. confirming that the terms
and conditions herein agreed to, shall be binding on the new owner/
transferee(s).

7.15 The charges towards, registration and stamp duty, shall be borne equally
between the LESSOR and the LESSEE. However, the LESSEE shall be
responsible for getting this Lease Deed registered.
7.16 In the event of any objection being taken by any local or municipal or
government authority to the use of the SAID PREMISES by the LESSEE for
whatsoever reason, the LESSOR agree to take all steps and action to prevent
any action or proceeding which would interfere with the quiet and peaceful
possession of the SAID PREMISES for its commercial purposes. Any notice
herein may be given if sent by hand delivery and return acknowledgement
obtained thereof or by registered post acknowledgement due at the address of
the parties mentioned above and shall be deemed to be duly served. Likewise
the LESSEE shall not by their actions invite any objections from local authority
other than agreed actions under the Lease Deed.

8 TERMINATION
This Agreement can be terminated under following circumstances: -
a. If the monthly Total Rent agreed herein is in arrears for two (2) month then it shall
be lawful for the LESSOR to terminate this Agreement. Provided however the
LESSOR shall give the LESSEE notice of such default, which default shall be
rectified within fifteen (15) days of receiving such notice (the “Rent Default Cure
Period”) and upon failure to so rectify such default after the expiry of the Rent
Default Cure Period, this Agreement shall stand terminated forthwith.
b. The LESSEE may terminate this Agreement by giving the LESSOR thirty days
written notice without assigning any reason whatsoever after the expiry of Lock-
in-Period.
c. The LESSEE shall be entitled to terminate this Agreement on account of any defect
in LESSOR’s title or any act or forbearance by the LESSOR, or any reason
attributable to the LESSOR which interferes with the right of the LESSEE to enjoy
peaceful and vacant possession of the SAID PREMISES during the validity of this
Agreement, by providing a period of thirty (30) days’ notice to the LESSOR, to
rectify such breach (“Cure Period”) and upon failure to rectify the same within the
Cure Period the LESSEE shall have the right to forthwith terminate this
Agreement.
d. Upon the occurrence of any of the following events including but not limited to
fire, accident, riots, flood, earthquake, storm, terrorist activities, war, Act of God,
any governmental or municipal action, prohibition or restriction which in any way
adversely affects the right of the LESSEE in terms of this Agreement, it shall be
declared an event of Force Majeure and upon occurrence, the LESSEE shall not be
bound or liable to pay the monthly compensation and the said electricity and water
charges to the LESSOR/concerned authority for such time as Force Majeure shall
continue for a period of 30 days from the date the LESSEE notifies the occurrence
of such event of Force Majeure to the LESSOR, the LESSEE shall terminate this
Agreement, without incurring any liability and the LESSOR shall forthwith,
without protest or demur, return the IFRSD to the LESSEE, in manner as stated
herein..
9 CONSEQUENCE OF TERMINATION
On the expiry of this lease, or sooner termination of this lease, the LESSEE shall hand
over to the LESSOR; quiet, vacant and peaceful possession of the SAID PREMISES, on
such date as may be mutually agreed between the Parties subject to refund of the IFSD
before the handing over of vacant possession.

10 WAIVER
No modification or waiver of any of the terms and conditions of this Lease Deed shall be
effective unless such modification or waiver is expressed in writing and executed by each
of the Parties hereto.

11. DISPUTE SETTLEMENT


If any dispute or difference arises between the Parties the same may be settled by mutual
understanding and if matter has not been solved both the Parties free to settle their dispute
through court of Law.

12. JURISDICTION
All disputes arising out of and between the LESSEE and LESSOR shall be within the
exclusive jurisdiction of Courts of New Delhi only.

13. ENTIRE DEED


This Lease Deed constitutes the sole agreement between the Parties hereto regarding the
subject matter hereof and shall supersede all prior agreements, memorandum of
understanding, instruments or other documents between the Parties hereto with respect to
the subject matter hereof.

14. COUNTERPARTS
This Lease Deed may be executed in two counterparts, each of which shall be deemed to
be an original but all of which shall constitute the same Lease Deed.
15. RIGHT TO ASSIGN & SUB-LEASE
Notwithstanding contrary to anything stated anywhere in this LEASE DEED, the LESSEE
shall have rights to assign (including the rights to Sub-Lease) any and all of its right under
this LEASE DEED to and any of the Group Company (holding/subsidiary/fellow
subsidiary/affiliates) of M/s Hindustan Media Ventures Ltd.

IN WITNESS WHEREOF, the Parties hereto have signed these presents on the date, month, year
and place written above.

LESSOR LESSEE

Name: Mrs. Sushila Devi Name:


Designation: Designation:
Witnessed by: Witnessed by:

Name: Name:
Address: Address:

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