LEASE DEED

SUBMITTED BY: AASHI SAXENA

BATCH: BA LLB [ENERGY LAW ]

ROLL NO: R415217002

SAP ID : 500060621
This LEASE DEED is entered into on this the 10 day of March 2015 at New Delhi

BETWEEN

Sachin manohar, S/o abhijeet manohar, r/o Block 11 Govind Nagar, Kanpur referred to as
the LESSOR (which term shall unless it be repugnant to the context or meaning thereof
mean and include all their heirs, executors, administrators, legal representatives, nominees
and assigns) on the One Part;

AND

Abhishek rajpoot, s/o Ram rajpoot, r/o Ratan colony, Kanpur hereinafter referred to as the
Lessee (which term shall unless it be repugnant to the context or meaning thereof mean and
include their successors in interest and assigns) of the Other Part.

WHEREAS the Lessor is proprietor and possessing all that property no. 199781 arranged 123
karol bagh , New Delhi complete admeasuring 2500 sq feet around, morefully portrayed in
the calendar of the property at the foot of this deed and in this after alluded to as the said
property.

AND WHEREAS the Lessor has additionally guaranteed and attempted that he is seized and
had of and is in any case well and adequately qualified for lease the entirety of the property.
With all freedoms, easement, right, favorable circumstances, passageways, entries, right,
focal points, doorways, sections, right to entrance and aggress including passageways,
sections and every regular office.

AND WHEREAS the Lessor has guaranteed the Lessee that the Lessor id the proprietor and
having outright intensity of the demised and the premises is liberated from Court notice,
prosecution, order and so on of at all nature and the lessor is completely enabled and
approved to let the demised premises to the Lessee.

AND WHEREAS the Lessor has likewise spoken to that there are no outstanding
installments of assessments including city duties and property expenses or
move/transformation charges pending on regard of the demised premises and that all power
and at all contribution have been paid to date to the concerned specialists.

Under the aforementioned portrayals of the Lessor, the Lessee has moved toward the Lessor
to lease the Demised Premises for running Hyundai Car showroom, Hotel, Bar, Restaurant
and Coffee Shop as it were.
AND WHEREAS, the Lessor has consented to lease the Demised Premises and the Lessee,
under the previously mentioned confirmations and portrayals of the Lessor, has consented to
take on lease the Demised Premises for a time of 10 [ ten ] years under the terms and states of
this Lease.

NOW THIS LEASE DEED WITNESSETH AS UNDER:

1. Lessee. However it is made clear that till the transfer of license is done the lessee shall
make use of the same with prior permission of the Lessor on the arrangement then
agreed in accordance to law. That the initial term of this Lease shall be for a period of
10 [ ten] years w.e.f. 10 March 2015(herein after referred to as the Lease Period) The
Lessee shall pay monthly rent @ Rs.25,000/- (rupees twenty Five Thousand) per
month of the Demised Premises to Lessor (herein referred to as the “Rent”) for the
first ten years` The lessee shall pay the said Rent by 15th of each Calendar month in
advance to the Lessor.

Conditions of lease deed

1. From 10.03.2015 till 10.03.2025 @ Rs. 25,000/- per month.

2. THE Lessee shall pay service tax along with the rent to the Lessor per month and the
Lessor shall deposit the Service Tax, so paid by the Lessee, to the concerned department.

3. The Lessee shall deduct Income Tax at sources on the Rent paid to the Lessor as per
applicable provisions of the Income Tax Act. Beside House Tax all the taxes payable on the
demised premises to the State Government/Central Government/Local Authorities or any
other government agencies shall be paid by the lessee to the concerned department/body well
within time limit. The Lessor shall pay House Tax.

4. The Lessee has already paid an amount of Rs. 6,00,000/- (Rs. sixLacs only) to the
Lessor towards interest free refundable security deposit which the Lessor hereby
acknowledges and re-iterates to have received the same, This interest free refundable security
deposit shall be refunded by the Lessor to the Lessee without any deduction immediately at
the time of vacation of the Demised Premises by the Lessee, subject to clearance of all the
dues of any account of whatsoever nature by the lessee to the Lessor.

5. The Lock in period of this Lease shall be of 10 years. The Lessee shall not have right
to vacate the premises within the duration of said Lock in period. If the Lessee shall vacate
the said premises within the said Lock in Period, the Lessor shall have right to forfeit the said
Security amount beside the Lessee shall also be bound to pay the entire amount towards rent
and taxes etc. to the Lessor for the said remaining lock in period.

6. That the Lessor has delivered the actual physical vacant possession of the demised
premises to the Lessee at the spot. The rent shall be payable by the Lessee to the lessor till
july 2017

7. That the Lessee shall use the demised premises for the business of Maruti Car
Showroom, Hotel, Bar, Restaurant and Coffee Shop only, subject to fulfilling all the legal
obligations for commencement of the said business as per law. The Lessee himself shall only
carry out the said business in the demised premises. Without written permission of the Lessor
the Lessee shall not be entitled to use the demised premises for any other business or
purposes and also shall not entitle to permit any other person/agency/company etc. to occupy
the demised portion or any part thereof under any arrangement or what so ever nature.

8. That the demised premises is fully furnished with facilities like fixture, furniture,
electric equipment, interior and installed lift etc., of which the list is enclosed herewith. The
Lessee has accepted the possession of the said demised premises with all the aforesaid
articles. The Lessee shall be bound to maintain the same in good and workable condition
during the said Lease period at its own cost and expenses. At the time of vacating the lease
premises the Lessee shall be bound to deliver possession of the aforesaid articles to the
Lessor.

9. That in front portion of the building there is a Hair Salon under the name and style of
REVELON SALOON, which is not subject to the present lease and the same shall be under
the control and possession of the Lessor. Apart from the same the Lessor shall also retain 2
small cabins for office use one on the basement and the other on the Second Floor of the
building. Entrance of the demised premises, Hair Salon and the said cabins is common and all
the customers, staff, management, guest etc. of the Lessee and Revive Saloon shall be entitled
to use the common facilities along with staircase lift etc., without any hindrance by the other
party. However maintainace of the entire common facilities shall be the responsibility of the
Lessee only at its own cost.

10. That in the building of the demised premises is part thereof the Lessor has its own
electric connection. The Lessor shall install sub meter in the Hair Salon known as REVELON
SALOON and REVELON SALOON shall be liable to pay electricity charges as per sub
meter reading every month as per rate applicable at that time through cheque or RTGS to the
Lessee and the Lessee shall be bound to make payment thereof regularly without any default
to the concerned department. The Lessee shall provide electricity Bill alongwith payment
receipt or photocopies thereof to the Lessor regularly. The Lessee shall also pay water
charges.

11. That the Lessor has showroom license under the name and style of “………………..”
from the local administration. The lessee shall get the said license transfer in his name for the
period of period under lease for which the Lessor shall cooperate with the lessee.

12. That all the expenses incurred in transfer of said Showroom License in its favor shall
be borne by the lessee and further the annual charges in respect of renewal of the Showroom
License shall also be paid by the lessee, copy of receipt of which shall also be provided by
the lessee to the Lessor. It has also been agreed by the parties that at the time of
determination of lease, the lessee shall surrender the Showroom License back in the favor of
the Lessor at its own cost and expenses and in case the lessee fails to do the needful the
Lessor has shall have right to adjust the said amount against security deposit.

13. The Lessee shall keep the Demised Premises insured against all risks and hazards and
shall keep such insurances current/updated and valid for the entire period of Lease.

14. The Lessee shall be responsible and liable to have its equipment, fixtures and other
infrastructure facilities installed by the Lessee in the Demised Premises, fully insured
covering all risks and shall keep such insurances current/updated and valid throughout the
term of Lease.

15. That if during the period of lease, the Lessor transfers its ownership in the demised
premises or any part thereof, to any person the present lease deed shall not be affected from
the said transfer and the proposed transferee shall be bound to obey all the terms and
conditions of this Lease Deed.

16. The Lessee shall use the Demised Premises for the business as mentioned above and
shall not carry out any obnoxious activity in the Demised Premises, nor shall do anything
therein which may be or may become any annoyance or offensive to the
neighborhood/society/Lessor.
17. The Lessee shall not store in the Demised Premises any goods of hazardous or
combustible nature and/or which are so heavy as to effect adversely the construction or to the
structure of the Demised Premises or do or suffer anything to be done in or around the
Demised Premises, which tend to cause damage to the Demised Premises.

18. The Lessee is entitled to put up its signage or its standard graphics in/on the Demised
Premises in the nature of glow signs, billboards etc. as may be desired by the Lessee at its
sole discretion. The cost and regulatory approval, if any, will be borne and obtained
respectively by the Lessee and the signage has to be in accordance with applicable law.
Lessee shall have right to remove the same in case of prior determination of Lease at its own
cost without causing any damage to the demised premises.

19. That in case of default of payment of two months rent the Lessor shall have right to
terminate the Lease and re-enter in the demised premises.

20. That only in case of violation of any term of this lease by the Lessee the Lessor shall
have right to terminate the Lease after serving 30 days notice and shall be free to initiate legal
action. However the Lessee shall have right to terminate the lease after expiry of lock in
period by giving 3 months prior notice subject to condition of forfeiture of security amount
by the Lessor.

21. That only the Courts in Dehradun shall have jurisdiction to adjudicate the dispute
arose if any between the parties in respect of the present lease deed.

22. Any notice, demand or other communication to be served with regard to this Lease
may be served upon any Party hereto only by registered/speed post acknowledgement due or
delivering the same by courier or sending the same by email, facsimile transmission to the
Party to be served at its address below, or facsimile number given below or at such other
address or number as it may from time to time notify in writing to the other Party hereto.
Lessor’s detail for serving

Notice/Communication: …………………….

Lessee’s detail for serving Notice/Communication: ………………………

24. Any provision of this Lease which is prohibited, unenforceable or is declared or found
to be illegal, unenforceable or void in any jurisdiction shall, as to such jurisdiction, be
ineffective only to the extent of such prohibition or unenforceability without invalidating the
remainder of such provision or the remaining provisions of this Lease or affecting the validity
or enforceability of such provision in any other jurisdiction. If any such invalidity
substantially affects or alters the commercial basis of this Lease, the Parties shall negotiate in
good faith to amend and modify the provisions and terms of this as may be necessary or
desirable in the circumstances to achieve, as closely as possible, the same economic or
commercial effect as the original provisions and terms of this Lease.

25. The LESSOR herein permit the Lessee to change the interiors of the Lease Premises,
as it may deem fit, without damaging the structure. The Lessee shall not make any structural
alterations into or upon the scheduled premises or make any alteration or addition to the
external appearance or any part of the premises without the previous Written consent of the
LESSOR in writing.

26. That the entire building known as HW RESIDENCY. The Lease Premises is part of
the said building. The Lessee shall have no right to change the name of the same or use any
other name of its choice in place of HW RESIDENCY.

27. The Lessee shall keep the Schedule Premises fittings in good conditions and order and
shall not cause or suffer any damage thereto, normal wear and tear excepting. Any payment
in this regard will be borne by the lessee only.

28. The Lessee shall carryout the internal repair works of maintenance, paintings, color
washing, electrical and sanitary repairs to the Lease Premises, at its own cost whenever
necessary.
29. The LESSOR or the authorized agents shall be entitled to enter the Lease Premises
(apart from those premises shall are not part of the present lease) on business days during the
Lessee’s working hours after giving an advance notice in writing of 24 hrs, to inspect the
Lease Premises to satisfy himself that the Lease Premises is being used in accordance with
the terms of the Lease or for carrying out works of repairs/maintenance relating to any
portion of which the Lease Premises forms a part.

30. The Lessee shall deliver back vacant possession of the demised Premises to the
LESSOR, without removing or damaging any article in the demised premises and also in
good condition subject to the changes by normal wear and tear, subject to refund of security
deposit.

31. Each Party to this Lease represents that it possesses full power and authority to enter
into this Lease and to perform its obligations hereunder and that the authorized representative
of each Party is fully authorized to sign this Lease.

32. Any addition, alteration, subtraction, modification, correction, change etc. in terms
and conditions of this Lease shall be made only by way of written mutual consent of the
Parties herein.

33. That for the purpose of stamp duty it is hereby clear , that the annual average rent for
a period of 10 years is Rs 25,000 hence the six times of which comes to Rs 30,00,000 on
which proper stamp duly + Rs. 100/- for refundable security is being paid by this deed.

SCHEDULE OF DEMISED PROPERTY

All the piece and parcel of immovable property 6 bearing No. 199799

Measuring: 25ft. x 100ft.= 2500 sq. metres

On the East : road

On the West : Jai Sweet Shop

On the South : South X Mall

On the North : road

IN WITNESS WHEREOF the Parties hereto have executed this Lease on the day, month and
year first above written, in the presence of:

LESSOR (SACHIN MANOHAR) LESSEE (ABHISHEK RAJPOOT)