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LEASE AGREEMENT This Agreement of Lease is made and executed in the city of Bangalore this ----------------- day of ---------------

2009 ( Agreement ) BY AND BETWEEN --------------------------------------------------------------------------------------------------------------------------------------------------------------- (hereinafter called the Lessor which term shall mean and include his/her/their he irs, legal representatives, executors, administrators and assigns) of the one pa rt. AND ----------------------------------------------------------------------------------------------------------------------------------------------------- (hereinaf ter called the Lessee which term shall mean and include its successors and permitted a ssigns) of the other part. WHEREAS 1. The Lessor is the sole, legal and absolute owner of the residential prem ises situated at -------------------------------------------------------------------------------------------------------------------. details of which are com prised in the Schedule hereto (hereinafter referred to as the "Demised Premises 2. The Lessor has agreed to lease out the Demised Premises to the Lessee on the terms and conditions hereinafter stated. THE PARTIES HERETO AGREE AS FOLLOWS: 1. The lease shall be for a period of 11 months effective from 10 January 2 009.The Lessee shall have the option to renew the lease for further period(s) of 11 months, with a lock-in period of a total of 3 such terms. The renewal, if an y, shall be by way of a fresh lease deed to be executed between the parties may then mutually agree upon in writing with an escalation of 5% hike in the rent on each renewal. 2. (a) The Lessee shall pay to the Lessor the agreed lease rent, of Rs.2 0000/-(Rupees Twenty Thousand Only) including maintenance charges on or before t he 5th day of each calendar month in advance for that particular month and Lesso r shall give a stamped receipt to the Lessee acknowledging receipt of the rent.

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3. The Lessee agrees to pay to the Lessor a sum of Rs.200000/- (Rupees Two Lakhs Only) as non interest bearing refundable security deposit. The said securi ty deposit shall be repaid by the Lessor prior to/or at the time of the Lessee o ffering/handing over vacant possession of the Demised Premises to the Lessee pur suant to termination or earlier determination of the lease. After deducting arre ars of rent, electricity bills,and any damages to the Fittings and Fixtures and premises provided by the Lessor.

4. The lease of the Demised Premises shall be for the exclusive COMMERCIAL use only. 5. The Lessee shall pay electricity charges, in respect of the Demised Prem ises, as per the bills from the concerned department, for the currency period of the lease, and shall keep the Lessor indemnified in this behalf. 6. The Lessee shall during the period of lease, ensure to keep the Demised Premises in good condition and deliver the same to the Lessor on termination or earlier determination of the Agreement, subject to normal wear and tear. 7. The Lessee shall ensure that the use of the Demised Premises shall not b ecome a source of disturbance, noise or nuisance to any neighbour. 8. The Lessee shall not sub-let, re-let or part with the Demised Premises o r any portion thereof without the written consent of the Lessor. 9. The day to day maintenance of the Demised Premises shall be the responsi bility of the Lessee. Any major maintenance work will be brought to the notice of the Lessor and the Lessor will arrange to do the same forthwith. 10. The Lessee upon sufficient notice having been given, shall permit the Le ssor or its authorized representative/agent or workers to enter the Demised Prem ises to view the state and condition thereof and to accord them reasonable facil ities for any repair work that may have to be carried out. 11. Should the rents be in arrears for a period of two successive months, th e Lessor shall after giving 15 days notice in writing have the right to terminat e the Agreement and resume possession of the Demised Premises. In such an event, the Lessor shall refund the security deposit to the Lessee upon payment of rent s due from the Lessee up to the period of termination. 12. The Lessor shall be liable for and pay the Municipal Corporation taxes a nd all other taxes, levies and charges payable to the local authorities in respe ct of the Demised Premises as and when due or demanded by the concerned authorit ies. The Lessor shall keep the Lessee indemnified for any loss, claims, sufferin g incurred or borne by the Lessee. 13. The Lessor shall undertake at its cost all major repairs including recti fication of structural defects, and major malfunctioning of electrical systems a nd appliances provided by the Lessor, immediately on being notified of the same, failing which the Lessee may get the repairs done at the cost of the Lessor and shall, unless indemnified by the Lessor, be entitled to adjust such costs again st the rents payable by it to the Lessor. 14. The Lessor has this 15 January 2009 day put the Lessee into possession o f the Demised Premises. 15. The lease can be terminated by either party to the Agreement by giving 3 0 days notice in writing of its intention to terminate the Agreement. In the eve nt of termination of the lease on expiry of its term or otherwise, the Lessor sh all refund the security deposit lying with it simultaneously at the time of poss ession of the Demised Premises being handed over to him, failing which the Lesse e shall be entitled to retain possession of the Demised Premises without any obl igation to pay any rents. Further, the Lessor shall be liable to pay interest @ 18% per annum on the entire amount of security deposit for the period of delay i n refund of the security deposit to the Lessee. 16. The Lessor shall observe and perform all the terms and necessary conditi ons, agreements, convents, and provision on which the Lessee occupies the Demise

d Premises and not to do, omit or suffer to be done anything whereby the Lesse e s right to occupy the Demised Premises is hindered, forfeited, or affected in any prejudicial manner. The Lessor further agree to keep the Lessee indemnified aga inst all suits and proceeds filed against, and all costs, charges, expenses, los s or damage incurred, suffered, caused or sustained by the Lessee by reason of a ny breach, non-performance or non payment by the Lessor as aforesaid. 17. This Agreement shall be governed by the laws of India and the courts at Bangalore shall have exclusive jurisdiction In respect of matters under this Agr eement. 18. essor. The Two originals of this AGREEMENT shall be retained by Lessee and L

SCHEDULE OF THE PREMISES LEASED OUT All that piece and parcel of living accommodation situated at--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------IN WITNESS WHEREOF the Lessor and the Lessee have hereunto set their respective hands on the day, month and year first above written in presence of the undersig ned witnesses.

LEESOR LESSEE

Witnesses :

1.

2.

FITTINGS & FIXTURES

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