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Yelahanka Branch Office Agreement-21.11.2024

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0% found this document useful (0 votes)
41 views15 pages

Yelahanka Branch Office Agreement-21.11.2024

Uploaded by

czzfh66sb6
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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LEASE DEED

This Lease Deed made at Bengaluru on this _____ day ________, 2024 by and
between:
Mr. Sampath Kumar G S/o Sri Govindaiah aged about 56 years, residing at #418/2,
KHB ‘A’ Sector Yelahanka New Town, Bengaluru North, Yelahanka, Bengaluru,
Karnataka -560064 (Hereinafter called the `Lessors’, which expression shall unless
otherwise repugnant to the context or meaning thereof includes its successors, assigns
and parties in interest) of the FIRST PART.

AND

M/s Atria Convergence Technologies Limited, a Company registered under the


Companies Act, 1956, having its Regd. Office at No.1, 2nd and 3rd Floor, Indian Express
Building, Queens Road, Bangalore 560001 and Regional office at 3rd Floor, Golden
Heights, 59th ‘C’ Cross, 4th ‘M’ Block, Rajajinagar, Bengaluru 560010 and represented
by its Authorised Signatory Mr. Vijay Swaika (Hereinafter called the `Lessee’, which
expression shall unless otherwise repugnant to the context or meaning thereof includes
its successors and assigns) of the SECOND PART.

WHEREAS the Lessee had approached the Lessors to take on lease entire Basemen
and First Floor for one of its Branch Office with a super built up area admeasuring
2700 Sq. Ft. on ________________ Sq. Yards of the Premises bearing Municipal Nos.
D1-346, in Katha No, 382

WHEREAS the Lessors had represented to the Lessee that by virtue of Registered Sale
Deeds bearing Nos. BNG(U)YLNK/8623 of 2012-2013 registered at senior
Subregistrar, Yelahan ka, Benagluru on 18.01.2013 the Lessors have become the
absolute owners and are seized and possessed of or otherwise well and sufficiently
entitled to the total extent of the commercial property admeasuring built on _____ Sq.
Yards situated at ________________.

WHEREAS the Lessee on the basis of the representation made by the Lessors had
expressed its willingness to take on lease for one of its Office with a super built up area
admeasuring (including Basement and First Floor Total is 2700 Sq. Ft. Approx.)
situated on the Basement and First floor in the Premises bearing Municipal No D1-
346, in Katha No, 382 , more particularly described under and stated in SCHEDULE-I
(“Premises” or “Demised Premises”) annexed herewith along with all the easement
rights and other appurtenants thereto and Lessors herein is fully authorized and entitled
to give on lease the Schedule property for commercial use, the said units or any part
thereof.

NOW THIS DEED WITNESSETH and it is hereby agreed by and between the Parties
hereto as follows:

1. PURPOSE
The Lessors hereby grants unto the Lessee by way of lease the Demised Premises to
hold the same unto the Lessee for the purpose of use and occupation as one of its
Branch Office for the Term (as hereinafter defined) at the Rent hereinafter reserved and
on the terms and conditions hereinafter contained. The Lessors hereby represents and
warrants to the Lessee that the Lessors shall have no objection to the said activities
being carried out by the Lessee at the Premises.

2. COMMENCEMENT AND TERM OF LEASE

This Lease shall be for a period of 3 years commencing with effect from
________________ (hereinafter referred to as “Commencement Date”) and ending
on ________________subject to the earlier determination as hereinafter provided
(hereinbefore and hereinafter referred to as “Term”).

The physical, peaceful and vacant possession of the Demised Premises shall be
handed over to the LESSEE upon execution of this Lease Deed and the LESSEE
shall be entitled to undertake interiors and fit-outs in and on the Demised Premises
on taking possession of the Demised premises and there shall be a rent free period
of ___ (________) days starting from ________________ and ending on
________________.

The parties hereby agree that there shall be a lock-in-period of One years
commencing from the Lease Commencement Date. The Lessors and the Lessee
shall have a common lock-in period of One years commencing from
________________to ________________. Either of the Parties shall not be entitled
to terminate this Lease during the common lock-in period starting from the Lease
Commencement Date. However, it is agreed between the parties that the lock-in
period of the Lessors shall continue to be applicable for another term of __
[_______] years i.e. from ________________ to ________________ which is
detailed as under:

Sl. No. Party Lock-in Period Duration


1
2
Total Lock-in period

3. RENT

1. The Lessee hereby agrees to pay the Lessors a sum of Rs. 1,25,000/- (Rupees One
Lakh Twenty five thousand Only) per month as monthly rentals towards the
Premises in the proportions as detailed in the table below. The LESSEE also agrees to
pay the Lessors only or the Maintenance Agency as may be appointed by the Lessors a
sum of Rs. ________________/- (Rupees __________________ Only) which is
calculated at Rs. ___/- per Sq. ft. towards monthly maintenance charges for the total
super built-up area of ______________ Sq. Ft. The Lessee hereby agrees to pay the
Service Tax on the monthly rentals & maintenance upon Lessors raising monthly
invoice and submitting appropriate proof of registration of Service Tax.

Sl. No. Name of the Lessors Proportion (in Monthly Rental


percentage) payable

1. The Lessee hereby, subject to deduction of tax at source as applicable from time
to time agrees to deposit the rent before the 10th day of each calendar month in
advance during the tenure of this lease.
2. The Parties hereby agree that there shall be escalation on the rent at the rate of
5 (Five) % at the end of every year as per below table which shall be calculated
on the last prevailing monthly rent.

Sl. No. Period of Lease Enhanced monthly


rental

3. The Lessors hereby agrees to provide the Lessee common parking space for
two-wheelers & ____ (Twelve) no. of four-wheelers at the Premises along with
earth pits, space for signage & power back-up through DG in the Premises.

4. INTEREST FREE REFUNDABLE SECURITY DEPOSIT (IFRSD):

1. The Lessee at the time of execution of Letter of Intent has already paid to the
Lessors a sum of Rs.7 Lakhs (Rupees Seven Lakhs Only) through Account
Payee Cheques as detailed in the below table towards advance Security Deposit
which is equivalent to _____ (___) month rental as interest free security
deposit (‘Security Deposit’), the receipt of which the Lessors hereby
acknowledges.

Sl. No. Name of the Lessors Proportion (in percentage) Security Deposit already
paid Cheque No. Cheque Date & Bank
2. The Lessee at the time of execution of this Lease Deed shall pay to the Lessors
a sum of Rs. 7 Lakhs /- (Rupees Seven Lakhs Only) /through Account
Payee Cheques as detailed in the below table towards advance Security Deposit
which is equivalent to ____ (___) months rentals as interest free security
deposit (‘Security Deposit’), the receipt of which the Lessors hereby
acknowledges.

Sl. No. Name of the Lessor/s Proportion (in percentage) Security Deposit to be
paid Cheque No. Cheque Date & Bank

3. In case of termination or earlier determination of this Lease, the Lessee shall


handover vacant and peaceful possession of the Demised Premises to the
Lessors, upon which the Lessors shall refund the Lesee the total Security
Deposit of Rs. _______________/- (Rupees ________________________Only)
(equal to ___ (___) months rental amount) in whole by way of a Cheque, Pay
Order/Bank Draft payable at ______________ subject to receipt of No Due
Certificate from the Association/Maintenance Agency as may be appointed by
the Lessor and also Electricity Board, if any.

4. Notwithstanding anything contained herein, upon non payment or refund of the


Security Deposit by the Lessors herein, the Lessee herein shall be entitled to
continue to occupy and use the Demised Premises as Lessor’s lawful tenant
without paying any rent till the date, Lessors refunds the Security Deposit
deposited by the Lessee in whole. In furtherance to the above the Lessee shall
without prejudice to all other rights and remedies available to it under law and in
equity, become entitled to levy interest @ 12% (twelve per cent) per annum
compounded quarterly from the date the refund was due, until repayment, or
realization of the Security Deposit in whole.

5. Property Tax, Water Tax and Service Tax

It shall be the responsibility of the Lessors to regularly pay the property/municipal tax
and any other taxes, charges etc., that needs to be paid to corporation/municipality
with respect to the Premises. However, the Lessee shall pay the Service Tax as
applicable from time to time on the monthly rentals upon Lessors submitting
appropriate proof of registration and upon receipt of monthly invoice towards the
same.

6. ELECTRICITY CHARGES ETC.

The Lessors shall provide ____________ KVA (HT) electrical load with installation of
separate commercial meter at the appropriate designated place for the same. The
Lessee shall pay electricity charges, including any additional refundable security
deposit levied by TSSPDCL, directly to the electricity department against the bills
issued to it from time to time and shall alone be entitled to seek refund of the
security deposit from TSSPDCL upon termination or earlier determination of this
Lease.

7. SANCTIONED LOAD AND POWER BACK UP

1. The Premises currently has a _____ KVA (HT) electrical connection. The Lessee
can apply for any additional load for the requirements that may arise in future for
which all necessary assistance shall be provided by the Lessors. It is however,
agreed that all the charges incurred in obtaining the additional sanctioned load, if
any, shall be payable by the Lessee and the Lessee alone shall be entitled to
seek refund of security deposit from TSSPCL.

2. The Lessors hereby agrees that Lessee shall be entitled and authorised to use
the Diesel Generator (DG) installed by the Lessors in the Demised Premises for
the purposes of power backup to the Demised Premises 24x7 and the necessary
and applicable diesel charges shall be paid by the Lessee to the Lessors basing
on the actual consumption recorded through a separate meter which shall be
provided by the Lessors.

8. SIGNAGE

1. The Lessors hereby agrees and allows the Lessee to install name boards,
signage’s and Lessee’s logo/symbol/trade-name etc. on the façade of the
Demised Premises at suitable locations as mutually agreed during the term of
this Lease.

2. It is hereby agreed that no additional rent shall be payable by the Lessee to the
Lessors for installation or placement of the signage as mentioned above.

3. Lessors shall assist Lessee in obtaining all approvals, if any, from the concerned
govt. authorities for displaying the signage at the D emised Premises. Rental
charges, if any to be paid to the municipal authorities shall be borne by the
Lessee.
9. COVENANTS OF LESSEE

The Lessee hereby covenants with Lessors as follows:

1. The Lessee shall keep the Premises in good proper and tenantable condition at
its own cost.

2. The Lessee shall not bring in or store, upon the Demised Premises or any in part
thereof, any hazardous goods of combustible or inflammable substance, save in
small quantities for normal office use as permitted by Law

3. The Lessee shall not without obtaining previous written consent of the Lessors,
alter or effect any of the load bearing walls or effect any structural additions or
alterations of permanent nature to the Premises. The Lessee shall however be
at liberty, without any such consent as aforesaid, to erect internal
partitions/additions and install and fix normal fixtures, fittings, furniture, counters,
cabins, air-conditioners, gas and electric appliances, all office equipment and any
other articles required to facilitate Lessee’s business activities at the Premises.
The Lessee shall be at liberty at the end of the Term to remove or take away
such partitions/additions, normal fixtures, fittings, furniture, counters, cabins, air-
conditioners, gas and electric appliances, all office equipment and any other
articles installed by the Lessee, leaving the Premises in the same condition as it
was at the time of execution of this Lease, subject to normal wear and tear and
damage by any event of Force Majeure or otherwise.

4. The Lessee shall not during the tenure of the present lease or thereafter sub-
let/sub-Lease or create any third party right whatsoever with respect to the
Premises or any part thereof. However, use of the Premises by the Lessee’s
subsidiary, holding company or Group Company shall not amount to sub-letting
of the demised Premises by the Lessee.

5. The Lessee shall grant access to the Lessor’s authorized representatives to the
Premises after due and reasonable notice in writing by the Lessors for carrying
out structural and major repairs as contained hereunder.

6. The Lessee shall make all payments due and/or payable to the Lessors on
account of Rent by account payee cheque/demand draft drawn in favour of the
Lessors herein.

10. COVENANTS, REPRESENTATIONS AND WARRANTIES OF LESSORS:

1. The Lessors hereby covenants that, subject to payment of Rent herein reserved,
on or before the due date, the Lessee shall peacefully hold and enjoy the
Demised Premises through out the. Term of the present lease without any
interruption, eviction, claim or demand by the Lessors or by any person claiming
through, under or in trust for the Lessors.

2. The Lessors hereby declares, covenants, warrants and represents to the Lessee
as under:

a. That the LESSORS is the absolute owner of the Demised Premises and are
otherwise seized and possessed of the Demised Premises and have obtained all
the permissions from GHMC/HMDA and statutory approvals required under law
in connection with the occupation and commercial use of the Demised Premises
by the LESSEE and is duly authorized and entitled to enter into and execute the
Lease Deed.

b. That the Lessors is the absolute owner of the Premises and are otherwise seized
and possessed of the Premises and is duly authorized and entitled to enter into
and execute this Lease Deed.

c. That the Premises is free from all encumbrances, liens or any other charges of
any nature whatsoever and there are no restrictive covenants operating upon the
Lessors and /or Premises, in leasing out the Premises to the Lessee on the
terms and conditions herein contained.

d. That there are no current/present legal or other proceedings pending in


connection with the ownership of the Lessors which may prejudicially affect the
Lessee’s possession, rights and duties with respect to the demised premises
under the present Lease and the Lessors has not received any notice of
acquisition/requisition nor it has entered into any Agreement for
Sale/lease/Tenancy etc. in respect of the Premises in favour of any third party.

e. That there are no outstanding payments of taxes including municipal or local


levies, taxes, fee, cess and charges including but not limited to rent and property
tax in respect of the Premises and further that all payments towards electricity
and water charges and other payments have been made in full to the respective
Authority / Bodies / persons as on the Commencement Date and the Lessors
shall in future bear, pay and discharge all payment and taxes and shall at present
and future rates and shall not let them remain in arrears whatsoever. If the
Lessee is forced to bear the same or any other charges, which are to the account
of the Lessors herein, the Lessee shall have the right to deduct the amount so
paid from the rent payable hereunder.

f. That there are/shall be requisite cable/lines so as to ensure regular and


uninterrupted supply of electricity and power. In case the Lessee is desirous of
obtaining the sanction for the electricity and/or power load over and above the
load provided by the Lessors in the Premises anytime during the Term of the
Lease, the Lessors shall upon Lessee’s request, apply for the same or grant
such authority/no objection certificate to the Lessee to apply for the same and
provide all assistance to the Lessee in obtaining sanction from any Authority
/Government for the same. If any, deposit is paid to the Authorities by the
Lessee for additional power load then the Lessee can surrender such load and
get the deposit refunded from the concerned authority at the time of
expiry/termination of the lease to the Lessee in full.

g. That the Demised Premises has adequate supply of potable and bore-well water.
However, in case of short supply of water, the cost of buying additional water will
be borne by the occupants in the premises in equal proportions.

h. The Lessors shall provide the Two-Wheelers & Four-wheelers parking space
available at the Premises for the Lessee as stated in Clause 3.4 hereinabove.

i. That the Lessors has not, and shall not, sell, assign, convey or transfer in any
manner the Premises during the Term of the present lease. However if the
Lessors intends to sell/dispose off/transfer the said premises to any person or
third party, in that event the Lessors shall promptly inform the transferee(s) about
the terms and conditions of this Lease Deed and shall obtain appropriate written
documents from such transferee(s) unconditionally agreeing to the terms and
conditions of this Lease Deed, more particularly assigning the tenancy to the
transferee(s). Additionally, the Lessors shall cause a letter to be issued by the
prospective new landlord in favour of the Lessee confirming that the terms herein
agreed to shall be binding on the new Landlord(s) and he shall also acknowledge
all outstanding amounts including Security Deposit and any other deposits if any
paid by the Lessee to the Lessors. The same shall also apply in case of any
subsequent sale or transfer of the freehold ownership rights of the Premises.

j. To abide by and comply with all laws, bye-laws, rules and regulations of the local
bodies and other relevant authorities.

k. The Lessee shall have the right to use and enjoy the lift, entrances, staircase,
landings, corridors, road and passage in and outside the Premises and the right
to ingress to and egress from the property so far as the same are necessary for
the enjoyment of the Premises by the Lessee, the occupants of the Premises,
their servants, agents, customers, visitors and invitees. The Lessee shall have
access to, and the right to use, the terrace of the Demised Premises.

l. To allow the Lessee to enjoy quite and peaceful possession of the Premises
during the entire Term of the lease and any renewal thereof without any
interruption by the Lessors or any persons lawfully claiming either through or
under or in trust for the Lessors or otherwise howsoever.

m. It is agreed between the Parties that this Lease Agreement shall supersede any
or all other Agreements entered earlier and any or all other promises made by
the Lessee to the Lessors in writing.
11. INDEMNITY

Lessee has taken on Lease the Premises relying on the faith of the
representations, declarations and warranties made by the Lessors and the
Lessors hereby indemnifies the Lessee and agrees to keep indemnified at all
times and in future during the Term of this Lease, to the fullest extent against all
losses, damages, costs, fees (including attorney’s fee), penalties suffered
/incurred by the Lessee on account of any representations, declarations,
warranties and covenants of the Lessors in respect of any matter in connection
herewith being untrue or false or for any other act of commission or omission by
the Lessors.

12. FORCE MAJEURE

Upon the occurrence of any event beyond the control of the parties including fire,
accident, riots, flood, earthquake, storm, or any other natural calamity, terrorist
activities, war, insurgency activities, any governmental or municipal action,
prohibition or restriction which in any way adversely affects the right of the
Lessee to peacefully enjoy or use the Premises (hereinbefore and hereinafter
“Force Majeure”), the payment of Rent from the Lessee to the Lessors shall
stand suspended during the subsistence of such Force Majeure. The Lessee as
the party affected by the Force Majeure may notify the Lessors in writing, upon
which the Force Majeure suspension would be deemed to have commenced. If
such Force Majeure continues to operate for a period exceeding 60 (sixty) days,
the Lease may be continued or terminated with immediate effect at the sole
option of the Lessee and no rent shall be payable by the Lessee in such case, for
the entire office space.

13. TERMINATION

Either Parties shall not be entitled to terminate this Lease Deed during the Lock-in
period agreed under Clause 2.3 hereinabove. Keeping in view the huge investment
made by the Lessee towards interiors etc., it is agreed between the Parties that the
Lock-in period of the Lessors shall stand extended till the term of this Lease. However,
after expiry of the common lock-in period, the Lessee alone shall be entitled to
terminate this Lease at any time without assigning any reason whatsoever after giving
Three (3) months notice to the Lessors and upon expiry of the notice period the Lease
shall stand terminated. It is however agreed that the Party which proposes to terminate
the lease during or before the expiry of the Lock-in-period, the Party doing so shall be
allowed only upon paying the rent for the remaining term of the lock-in period.
Notwithstanding anything stated herein above, the present lease shall stand terminated
upon the Lessee’s failure to pay lease rent for a continuous period of 2 months except
for reasons as agreed under Clause 14 of this Agreement. Upon occurancce of any
such default, the Lessors shall serve a, fifteen (15) days rectification notice in writing to
the Lessee, failing which the Lease shall stand terminated and the Lessors shall be
entitled to take action in accordance with law.
It is agreed between the Parties that in case of breach of any of the covenants,
obligations, representation and warranties agreed by the Lessors herein under this
Lease Agreement, the Lessee shall issue notice in writing to the Lessors calling upon
the Lessors to provide necessary clarification and to cure such breach within 10 days
from the date of the notice. In case of Lessors not curing such breach within 10 days
from the date of issuance of notice by the Lessee, the Lessee shall be entitled to
terminate this Agreement notwithstanding any Lock-in period agreed under Clause 2.3
of this Agreement. This clause shall be without prejudice to the other rights available to
the Lessee in accordance with Law and under clause 11 & 14 of this Agreement.
On the expiration of the said term or period of the lease or earlier termination thereof
and subject to Lessors promptly refunding the Security Deposit and any other Deposit,
the Lessee shall hand over vacant peaceful possession of the Demised Premises to the
Lessors in the same condition in which the premises now exist subject to the normal
wear & tear and also obtaining NOC as detailed in Clause 4(3) hereinabove.

14. LEGAL PROCEEDINGS

Notwithstanding anything herein contained, if the Lessee is dispossessed from the


Premises as a result of any legal proceeding or action against the Lessors in respect of
the Premises for the Lessor’s breach of any law, regulations, rules, bye-laws in force in
India or otherwise for any reason whatsoever, then the Lessee shall be entitled to
terminate this lease from the date of dispossession of the Lessee or any other date that
the Lessee deems fit notwithstanding the lock-in period as agreed under Clause 2.3
hereinabove. All amounts due and payable to the Lessee on such date in terms hereof
together with the full Rent for the period of dispossession shall be forthwith paid to the
Lessee by the Lessors without delay, demur or protest and such payment shall be
without prejudice to any and all rights of the Lessee in terms hereof as also the
Lessee’s right of recourse against the Lessors, provided that the Lessee shall not be
liable to pay any Rent to the Lessors from such date of dispossession.
If the Lessee’s right of peaceful occupation of the Premises, as a tenant, is taken away
or restrained in any way because of non-observance or non-compliance of its
obligations by the Lessors under this Lease Deed or in law or due to any other reasons
hereinbefore provided, the Lessors shall indemnify and compensate the Lessee for the
cost of the investment made by the Lessee on the interior work/ renovations made to
the Premises, at its book value at that time, along with any other cost incidental to the
vacation of the Premises. It is also agreed that the Lessee shall issue notice in writing
to the Lessors calling upon the Lessors to provide necessary clarification and to cure
such breach within 10 days from the date of the notice. In case of Lessors not curing
such breach within 10 days from the date of issuance of notice by the Lessee, the
Lessee shall be entitled to terminate this Agreement notwithstanding any Lock-in period
agreed under Clause 2.3 of this Agreement. This clause shall be without prejudice to
the other rights available to the Lessee in accordance with Law and under clause 11 &
14 hereinabove.
The Lessors shall bear all claims, liabilities and penalties which might be imposed by
the local and/ or municipal authorities arising due to the title and/ or the built up area
and/ or the usage of the Premises as envisaged herein and if the Lessee is forced to
bear the same, the Lessee will have the right to deduct the amount thus paid from the
monthly rent payable under this Lease.

15. JURISDICTION & DISPUTE RESOLUTION

That the Courts at Bangalore alone shall have exclusive jurisdiction to entertain
and try any dispute and/ or difference arising out of or in connection with the terms
of this Lease.

16. STAMP DUTY AND REGISTRATION CHARGES

The cost of stamp duty and registration charges and other incidental expenses in
connection with execution and registration of the Lease Deed shall be borne by the
Parties.

17. NOTICES

All notices required to be served by either of the Parties hereto upon the other shall
be deemed to have been duly and effectually served if delivered by hand or
addressed by Registered A. D. post at the following addresses and such service
shall be deemed to have been effected in the case of delivery by hand, on the date
on which it is so delivered and in the case of delivery by Registered A.D. post on
the date the Registered A.D. notice is received by the addressee:

In the case of the Lessors:

Mr. Sampath Kumar. G


418/2, KHB ‘A’ Sector Yelahanka New Town, Bengaluru North, Yelahanka,
Bengaluru, Karnataka -560064

In the case of the Lessee:

M/s Atria Convergence Technologies Limited


Office at : No.1, 2nd and 3rd Floor, Indian Express Building, Queens Road,
Bengaluru 560001.

Either party may notify to the other in writing of any change in such address for
services of notice upon it.
18. DISPUTE RESOLUTION

In the event of any dispute arising under or out of or in connection with this Lease
Deed, including any question regarding its existence, validity, interpretation,
implementation or termination, the Party raising such dispute shall serve the other a
notice in writing, upon receipt of which the Parties shall at the first instance attempt
in good faith to resolve such dispute amicably. In case of dispute not getting
resolved within 45 days after receipt of a written notice from one Party to the other
Party then either Party may refer the dispute to be finally resolved by arbitration as
per Arbitation and Conciliation Act, 1996 as amended from time to time. The
Arbitration shall be conducted by a sole arbitrator mutually agreed and appointed by
the parties. The language of Arbitration shall be English and the venue of arbitration
shall be Bengaluru, India.

19. SEVERABILITY
If any provision of the Lease Deed shall be held to be illegal, invalid or
unenforceable, in whole or in part, under any enactment or rule of law, such
provision or part shall to that extent be deemed not to form part of the Lease
Deed, but the legality and enforceability of the remainder of the Lease shall not
be effected.

20. WAIVER

No failure of either Party to exercise, and no delay by it in exercising, any right,


power or remedy in connection with this Agreement shall operate as a waiver of
that Right, nor shall any single or partial exercise of any Right preclude any other
or further exercise of that Right or the exercise of any other Right.

21. ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties and
supersedes all communications, negotiations, arrangements and agreements,
whether oral or written, between the Parties with respect to the subject matter of
this Agreement.

It has been agreed between the LESSORS and the LESSEE that the original
Lease Deed shall be kept with the LESSEE with a photocopy to the LESSORS.

SCHEDULE-1

All that piece and parcel of the immovable property bearing site No. 346, in Katha No.
382 of Bruhat Bengaluru Mahanagara Palike(BBMP). Situated at SFS, 407, 4th Phase,
Yelahanka New Town, Bengaluru -560064, measuring East to West 12.12 Mtrs and
North to South 16.00 Mtrs. In all measuring 194.40 Sq. mtrs or 2091.744 Sq.ft. and
bounded by:

East by : Site No.345


West by : Site No.347
North by : Road
South by : Site No.362

IN WITNESS WHEREOF the Parties hereto have set their respective hands on this
Deed hereof the day and year first hereinabove written.

Lessor Lessee
Mr. Sampath Kumar. G For M/s Atria Convergence Technologies
Ltd.

_____________________ _________________________

(Authorized Signatory)

WITNESSES

1. ____________________ 2. _____________________
Name : Name :
Occupation : Occupation :
Address : Address :

PAGE
PAGE \* MERGEFORMAT 14

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