,,

.L

.'?,.

AGREEMENT This agreement is executed at New Delhi on this BETWEEN M/s. Spire Techpark Private Limited, a company incorporated in India, under the Companies Act, 1 9 5 6 having its office at 5-D, Plaza M-6, Jasola District Centre, New Delhi - 110 0 2 5 hereinafter referred t o as "Developer", which expression unless repugnant t o the context or subject shall mean and include its successors, representatives and assigns of the party of FIRST PART; day of

Mr./Ms. *.--.. ------- S/D/W of Shri Resident of -----. ." & M~/MS. -----*S/D/W of Shri Resident of hereinafter collect~vely referred t o os 'AII~ILLoI~', wtiicl~ oxpression unless repugnant t o the context or subject shall mean rleprosantatives, assigns, administrators and executors of the party and include their respective legal heirs, P",~IGC~J~WI.IIT~, of S E C O N D PART;
--" +"a

-*+."."

? ---

hcr~ving principal place of business at its Shri acting through its Partnsr/l+c)pr'iul;or/Director Son of Shri Raaiclent of , hereinafLer raferred t o as 'Allottee', which expression unless repugnant t o the context or subject shall mean and include its successors, rapresnntatives, assigns, administrators, executors and heirs of the party of S E C O N D PART;
-* ,

M/ s.

2 2 g
3 !:

WHEREAS vide duly registered deed dated 18th April, 2807 Groater Noida Industrial Development Authority has allotted itig Plot measuring 8 5 , 0 2 9 . 6 4 SQM [21.004 Acr30s]b ~ ~ ~ r numbor TZ-13A, Sector Tech Zone, Greater Noida Industrial r Development Area, District Gautam Budh IVogar [ I J t t ~ lPradesh) to M/s. Sundaram I. T. Parks Private Limited on lease for setting up an Information Technology Park. M/e Gur~clsr~lrn Parks Private Limited has entered into an agreement I. T, Technology Park on the plot and t o sub-lease with developer, by virtue of which developer got rig1118t11develop It~formation the same in parts. Accordingly developer is d~v@lapit"Ig Inlnrrnation Technology Park named 'Spire Tec' on the plot. AND WHEREAS allottee has requested the develol~er' ellolrnunt of space/unlt in aforesaid lnformation Technology for Park named 'SpireTec' on leasehold basis t o which tho dr-:velapnr has agreed. Following are the terms and conditions of agreement between the parties hereto. NOW THE PARTIES HERETO HEREBY DECLARE, UNDERTAKE AND AGREE AS LIhIDER ARTICLE I:e f i n i t i o n s & I n t e r p r e t a t i o n D In this Agreement, following terms, t o the extent not inconsistunt; with the context thereof, shall have the meanings assigned t o them hereinbelow 1.1 Definitions "Building" means the building [within complex] wherein the unit is situated. "CAM Charges" means Common Area Maintenance Charges payable monthly t o the maintenance agency for providing common services and facilities in complex.

1.11
1.1.2

Signature

of Allottee

"Common Area" means all such parts/areas in complex which various allottees/occupants of units or visitors t o the complex may use by sharing with one another or for providing common services including common toilets, atrium, lobbies, common corridors 6 passages, lift lobbies, lift shafts, electrical shafts, fire shafts, plumbing shafts and service ledges on all floors, staircases, mumties, services areas, machine room, overhead water tank, under ground water tank, security/fire control room, Electric Sub Station, generator room and any other area, which the developer may decide t o be common area. "Common Services & Facilities" shall include a] Soft security of complex/building Operations of common chiller plants for air-conditioning b) Operations of diesel generator sets for providing power back-up c) Maintenance of common areas (including lightening of common areas] d) el Maintenance of parking areas Maintenance of parks in complex f1 S) Operations of water pumps hl Operations electrical sub-station Maintenance centralized fire control system i) j) Supply of water Any other activity, which the maintenance agency may consider t o be providing common benefits t o '4 occupants of different units in complex/building. "Complex" means all buildings, structures and open spaces situated within the boundaries of plot "Consideration" means the sum total of basic price and preferential location charges payable for Unit by the Allottee t o the Developer as per Annexure A. "Date of Booking" refers t o the date when 100% Consideration [in case of 100% Down Payment Plan] or 5 0 % Consideration [in case of 50% Down Payment Plan] for unit along with the applicable taxes and statutory charges (if any) is actually received by developer and in case of payment through cheque/draft, the date when amount is credited in developer's bank account. "Super Area" includes covered area of unit and proportionate share of common areas in building/complex. Total efficiency of a floor plate will be about 65%70% of total super area of that undivided floor plate. Final total efficiency of floor plate shall be declared by developer a t the time of offer of possession of Unit and the same shall be binding on allottee. "Finished Condition" in respect of a unit shall mean ready t o move in state of the Unit with flooring, ceiling, painting and internal wiring done "Furnished Condition" with respect t o the Unit shall mean Unit with such features, specifications, furniture and material as mentioned in Annexure 8. "First Sub-Lessee" means a sub-lessee in whose favour sub-lease deed has been executed by developer or landowner and will include any person in whose favour the first sub-lessee transfers his all rights, claims and interest in the unit with prior approval of developer 1.1.12 "Second Sub-Lessee" means a sub-lessee in whose favour sub-lease deed has been executed by f ~ r ssub-lessee t allowing such sub-lessee (i.e., the second sub-lessee] t o use and occupy the unit for a f~xed tenure reserving hlmself [i.e., the first sub-lessee] the r ~ g htto re-occupy the unit after expiry of the tenure of sub-lease n favour of second sub-lessee. 1.1.13 "Occupant" means the person who may be using or occupying the Unit and if the Unit remains unused/vacant/unoccupied, then the First Sub-Lessee. 1.1.14 "Force Majeure Conditions" means anything which may be beyond the control of developer including but not limited t o act of God [like flood, earthquake, fire etc.]; act of government and government departments [like passing of any law, order, delay in grant of necessary sanctions/approvals]; Order of Courts, act of human beings [like riots, strikes, war etc.); shortages [like shortages of labour, material, etc.) 11.15 "GNIDA" means Greater Noida Industrial Development Authority. 1.1.16 "Land Owner" means M/s. Sundaram I. T. Parks Private Limited t o whom GNIDA has allotted the plot on lease for setting up information technology park 11.17 "Plot" means plot of land measuring 85,029.64 SQM [21 004 Acres] bearing number TZ-13A, Sector Tech Zone, Development Area, District Gautam Budh Nagar [Uttar Pradesh) Greater Noida lndustr~al

Signature of Allottee

Page 2 of 16

1.1.18 "Lease Facilitation Centre" means a body/entity (which may be established as a company, trust, society, partnership or in any other form], wherein First Sub-Lessees of all Unlockable Units will be the members/stake holders in proportion t o area of their respective unit. 1.1.19 "Lockable Unit" also referred t o as "Type A Unit" means unit which is enclosed between walls made from such material as may be considered appropriate by developer with door[s] for ingress/egress.. 1.1.20 "Unit" means built-up space either of Type A or Type B as mentionecl in the article 2.1 below 1.1.21 "Unlockable Unit" also referred t o as "Type R Unit," IIICI~I~IF~ separately and whlch forms part of a larxgerc~nit,.
61 l l r i l l wll~ch is

und~vicled, whlch cannot be used

1.1.22 "Maintenance Agency" means any nnl,lLy [wll~cti rrrny tr un ~rlcl~v~tlut~l, x (~er't,liorlslr~p~ r mcompany, soc~ety, f , trust, etc ) nominated by developer for provicl~rlg~ cnrr-lrnotr ric)r+vit:c~~~ tIlr ~ c l l ~ t ~ ncomplr!~. ill~ in e 1.1.23 "Mfer of possesslon of unllU/ "QCfnr 11of;f;n%81on ullit;" wlll be o $;tug@wlien clsvolopcr wlll int~mate allottee of the about the completion of conslructlon el trt~rltlit~(j o l f ~owriershil) possession of the Unit t o the allottee. tll\tl t~ However as allottee's url~l, shnll bo ilrl u~lltre;knhlu uti~l,, ullol,tc?ow ~ lnot g e l physical possesslon of the unit l 11.24 "Sinking Fund means fund cr'eatocl for3 pur'cIlt~!nor,[ l/rsr. ru(,lilccment ol equipments providing common fac~lities servlces I & 1.1.25 "Soft Security" means daplnying fiocul-ity $jcltircl[s] nf private security agency at such points within the complex/building, which tho clovsloput' tlr n-ioinLer.~ancr! ugancy may deem fit, for carrying routine security related c:9r works without any responsibiliLy nl' dovc?lo(~sr~rrrainLr-:nanceagency in case of any breach in security or in case in any damage or injury is coussd t;o rrny per3:;ort or (~rnpc;!f3Ly colnplex due t o any wrongful act of any other person.

1.2

Interpretation

1.2.1 Any reference in this Agrs@ment sny !;I;~(;uCcl 01'r;tatc~t;oryprovision shall be construed as including a reference l;o r-I t o that statute or statutory provisinr~U I'rclrrt titnu to time amended, modified, extended or re-enacted whether before or after the date of Llris Agreernt!r~l;nncl to all 8t;i'II;ut;ory instruments, orders and regulations for the time it. being made pursuant t o it; or' cler'iving validiLy fl-c~tn 1.2.2 Meanings set forth for clefiriecl t;errrie in tllis Artir:lo ant1 all pr-onouns shall be equally applicable t o both the singular and plural, masculine, feminine or' neuter I'crrrn!; us t;ke context may require. 1.2.3 All references in this Agreement t o Annexorus aro t;o Annexurc?~ or t o this Agreement unless otherwise in specified therein. The words "herleof," "heroin" rlncl "herc-!unclor"end worcls of similar import when used in this Agreement shall refer t o this Agreement i ~ u wl.~ols s sncl riot to any particular provision of this Agreement. The t words "include", "including" trncl "among oLbrer' thingo" shnll 11edt?t-:rned o be followed by "without limitation" or "but phr' not limited to" whether or not they are followocl by nc~ch e:.;ws; or words of like import. 1.2.4 References In this Agreement t o any clc)c:~~rnor~t, or :iUl1c!ornc!nl: rihtlll he cleemed t o Include references t o such f i l ~ ~ l t ~ ~ l ~ d document or agreement as amcnrlocl, vnric-ltl, 1'c~tll~116?rl,l l ~ ~ ~ ~or replaced~from tlme t o time In accordance with the terms tilereof ancl t o ~nr:li~cln n~tla orty lot,t,srs uxncutod In connection therewith, except as In Agreement, otherwise prov~ded t h ~ s 1.2.5 Headings/captions of the several Articles ulscl e l i ~ ~ ~ s o w Agreement; are intended for convenience only and ni I;his shall not in any way affect the meaning or' const;rucl;ion of' any provision Lherein. 1.2.6 References t o writing include printing, typing, lithography sricl clt;l.rer means of reproducing words in a visible form. 1.2.7 The recitals stated above shall be read with alsd forn.~s part of this Agreement.
AR'TICLE 2: A l l o t m e n t :

2.1

Subject t o other terms and conditions of tliis agreement, developer hereby confirms allotment of following built up space on sub-lease t o the allottee. Type A: Lockable Unit bearing No. measuring Floor of Block/Tower in the Complex OR Type B: Unlockable Unit measuring the complex] square feet [ square meter] in super area in Square Feet [in Super Area] Situated at

5 l

"Ji?

ii 4 i

52

Signature of Allottee

ARTICLE 3: T e n u r e of Sub-Lease 3.1 The Sub-Lease shall be valid till 31s t December, 2 0 9 6 . It may be further extended in accordance with norms and approvals of GhIIDA and developer

ARTICLE 4: C o n s i d e r a t i o n 4.1 Consideration for allotment and sub-lease of Unit shall include Basic Price and Preferential Location Charges, which the allottee has paid/shall pay t o the developer as per details given in Annexure 'A', attached hereto. All taxes, levies, statutory charges, fees etc. [by whatever names they be called] applicable on the unit or on any payment made or t o be made by allottee shall be borne & paid by allottee and if any taxes, levies, statutory charges, fees etc. is imposed on whole plot/complex/building, allottee shall pay the same in proportion t o the super area of the unit. Amount equivalent t o 2 0 % (Twenty Percent) of total consideration shall be deemed/considered as 'earnest money'. This earnest money shall stand forfeited in case of cancellation of allotment on non-fulfillment of terms and conditions of this agreement by allottee. Timely payment by allottee of installments towards consideration for allotment of the unit, in accordance with Annexure 'A' is the essence of this transaction. In case of delay in payment of any installment[s) allottee shall be liable t o pay interest @ 18% per annum on defaulted amount for delayed period. However, if any amount remains unpaid for a period of 6 0 [sixty) days from its due date for any reason whatsoever, developer shall have the right t o cancel the booking/allotment. Any payment made by applicant(s1 shall be first adjusted towards outstanding interest than towards consideration. Allottee shall make all payments towards consideration for allotment of the unit by way of cheques/drafts/pay orders issued in favour of "M/s. Spire Techpark Private Limited" [payable at New Delhi] or in such other name[s], which the developer may direct by a written communication. All cheques/drafts/pay orders shall be accepted by developer subject t o their realization. Developer shall not be liable t o send any demand notices/letters and it shall be the duty of allottee himself t o make the payments for the unit in accordance with Annexure 'A'.

4.2

4.3

4.4

4.5

4.6

ARTICLE 5: P O S S E S S I O N 5.1 Since construction of the complex is a large project, developer shall construct the same in Phases. Irrespective of whether construction of other phase[s] is complete or not, developer will offer possession of the unit in finished condition after completion of construction of phase, wherein the unit situates. Allottee shall never have any objection t o developer constructing or continuing with the construction of remaining structures in the complex or other buildings adjoining the unit. Occupation/completion certificate will not be mandatory for offer of possession of the unit. All major common facilities shall be completed and provided only after completion of construction of all phases. However all services necessary for making use of the unit like air conditioning, power back up, etc, shall be activated at the time of delivery of possession of the unit Developer shall endeavor t o offer the possession of the unit within three years from the date of execution of this agreement. Developer shall also put the unit in Furnished Condition at the stage mentioned in Annexure A. Interior decoration, specifications and brands of furniture, fittings, equipments etc. t o be provided by developer, shall be of developer's choice only and in case of any defect in said furniture, fittings, equipments etc. allottee shall make the complaint directly t o the concerned service centers at their own costs and responsibility. Use of these furniture, fittings, equipments etc. by sub-lessee/occupant shall be subject t o wear and tear thereof, for which developer shall have no responsibility. Save what has been stated in Annexure A, developer shall never be liable t o pay any damages/compensation/penalty/interest in case of any delay in construction of concerned phase of the complex or delay in offer of possession of the unit. Developer's responsibilities t o offer possession of the unit and completion of construction shall be subject t o Force Majeure Conditions.

5.2

5.3

5.4

5.5

Signature of Allottee

ARTICLE 6:Execution of Lease deed

6.1

Subject t o compliance of all terms 6 conditions of allotment by allottee and also subject t o payment of total consideration 6 other charges, including taxes as applicable on the unit by allottee and subject t o any regulation as may be applicable, developer shall effect/cause execution of sub-lease deed of the unit a t such stage which the developer may deem fit and proper. In any case there will be no delay in execution and registration of sub-lease deed a t developer's end after expiry of three months from tho cliite of issuance of completion certificate of the complex by competent authorities, provided there is no r;tiltut,ory restriction or requirement for this purpose. All expenses [including Stamp Duty and other cht~rgt!n f l c l ~ l pnytlblu t,n GI\IIDA] involved in ~ t registration including s renewals thereof [if any] shall be borne by ollotlut3.

6.2

ARTICLE 7: A s s u r e d R e t u r n s

7.1

Subject t o terms of this Agreenlc?rlt,11 0 Allrrl,tc~orjhi1II I1t1 wll,il,lsrl I,o ge!L 1 ~ ~ ~ 1 , t rper ~ s ternls and conditions ,1 r r l the mentioned in Annexure 'A'. nt,hnr [,lit111 c:trt~~iclt?r~~Litrn unit pa~cl/payable by allottee shall never be of thc Amount of Service Tax or any chai,r~er-; included for calculation of assur~orl r'otLrn?, All returns of allottee melltionotl In Arlilc,x~ri~c! wtr[~lllar~ any l ~ e r ~ o r l t o offer of possession of Unit or for 'A', furs prior any period after offer of possu8rilotl ol I Jrl11,rrlir~ll ~ric:I~rs~vc! [,resent and future taxes applicable thereon trtr of nll rrnrl rirlrllrr hhnII hi? ~ ~ t l y ~ ~ seventh day of succeeding month, after on t ~ l o (including Service Tax, if ancl a8 nppllctlt~lrj] deduction of TDS. In case of any delay in paynlorlt uf orly lr~nl~r~llrr~r~nl, ol c:c1i1:;11lor~rlt,111rr ilrry r ~ t h edefault committed by allottee, the or' r allottee shall not be entitled tu n l ~ ~ ~ t ~ tr*rrt,urlrlnlorn I,~I[I o r i ~ ~ r l(Ioli~y/tlr:ft~i~lt. inicl p LII

7.2

7.3

7.4

ARTICLE 8: R e c u r r i n g C h a r g e e

8.1

I,o Following charges shall always hi! i~l,l,rrulir!cl I,llo ~ 1 1 1 1 1 ~ 8.1.1 8.1.2 CAM Charges rlf [CJVOII l l ~ o r o 1 1 0 cc)nCiurnptlon of electric~ty, 11 I!-i minimum Charges for consurr~ptior~ c?lrrcl,r'lc;il,yIII Ll1t3 111111, charges as per approvncl Ir~tlll r~llrlll illwtlyf; l,cr nl)pllr:nbln r111c.1 p;ry~rt)lo] Proportionate cost of intiurklncr! ol LI~II~~~III[J crl I,l~r,r:e)rnl~lc!x/t~t~~l~lirl(j

8.1.3 8.2

Above charges [~.e., charges merl\.io~~od ' l , ~ c l ~3 :il~rlll 11 I ~lc:c:or-clilrrc:n ilr FJ 1~ llr! wiI.ll I;tic?r-I prevailing industry standards 11-orrl [rxplr,y c r l I1I~lt'l,y tlk~yti lr.(?nrlht~ tlill,~!of offer of possession of the These charges shall be payable wil.11 ~llle!(:I, 11 lr1lrl(,t!rIclilo:a &i~~c!rlr:y I!II,IIc~I' ninrit,t~ly ut such time(s] when marntenance or unit by developer, as per Instructlcrns IJI agency may demand payment l.her.oof. 111c:ti!ic~ (11 Int:kf~I-tlo Ll111l:l r?., rypr?A Llriits) these charges shall be paid by [I allottee and in case of unlockablc Llrlita (1.0, ly11c;rI I IJrr~l,r;J Illoaa cI~or*~c!$; bo payable by Occupant. nh~lll Allottee shall also be liable to make follow~n{j ~~ciylr\c~rll,r; ullht?~' cl(~vcrlr~por' to the maintenance agency as per I,rr or instructions of developer 8.3.1 Interest Free Maintenance Secur.lLy rrl, 1;11cl1 cla tl[~l,c?miii~t?cl developer/ma~ntenanceagency as iat.t~ by Lhe of security for maintenance and upkar!l~ t,t~c? ecircl I:OI r~plox/huilrling,at the time of offer of possession of unit. I,o any maintenance bill[s] against the The developer/maintenance agency sl lull ho r!~rl.iLlr!~l ~cllust outstand~ng aforesaid security, in which case tho illloll,ao !;lit-111 imtr!c!ilinl,ely make good the resultant shortfall. tlnr~luntlocl developer/maintenance agency. by Contribution t o Sinking Fund as and whf~ti Taxes/Levies applicable on the unit ills pelsclurnond of concerned department Proportionate Taxes/Levies applicable on the complex/building as per demand of concerned department.

8.3

8.3.2 8.3.3 8.3.4 8.4

Normal timings and details of the common facilities [including electric load in the unit] t o be provided by developer or maintenance agency shall be declared in maintenance policy of the complex, as may be applicable from time t o time. Extra facility or extra electric load shall be provided at additional cost

Signature of Allottee

8.5 Standard and extent of common services and facilities t o be provided in the complex/ building shall be
decided solely by developer or maintenance agency. Developer o r Maintenance agency may unilaterally decide/elect t o install any additional equipment o r upgrade any existing equipment used for providing common facility/service to various occupants of the complex. Costs of such additional and other equipments shall be taken from Sinking Fund.

8.6

Developer/Maintenance agency shall be free to arrange supply of electricity in the complex from such one or more sources [like through direct supply t o units from electricity department or though bulk supply connection taken from electricity department or through generator set or through any other source which the developer/maintenance may deem fit and proper] and allottee shall raise no objection in this regard. Allottee shall as per demands of developer/maintenance agency pay the proportionate cost of equipments/infrastructure installed for providing/generating electricity. Allottee shall also pay the proportionate cost of electric meter[s] and shall also pay his share of security deposit required for obtaining electric connection. In case allottee/occupant fails t o make payment of any bill raised by developer o r maintenance agency by its due date, allottee/ occupant shall be liable t o pay interest calculated @ 18% per annum on the defaulted I amount for the delayed period.

8.7

A R T I C L E 9: S p e c i a l c o n d i t i o n s a p p l i c a b l e t o L o c k a b l e U n i t s (i.e., Type A U n i t s ]
9.1 9.2 Allottee must take the possession of the lockable unit within ninety days from the date of offer of possession. Though the allottee pays the consideration of the unit on 'Super Area' basis, allottee's right t o use the Lockable unit shall be restricted only t o the covered area of the Lockable unit. However allottee may use the common areas in the complex jointly with other occupants & visitors of the complex only for such purposes for which such common area has been developed. Subject t o prior written approval of developer, allottee shall have the right t o grant further sub-lease of the Lockable unit, which shall always be subject t o t e r m s and conditions of lease deed executed by GNIDA and sub-lease deed executed in favour of allottee.

9.3

A R T I C L E 10: S p e c i a l c o n d i t i o n s a p p l i c a b l e t o U n l o c k a b l e U n i t s [i.e., Type B U n i t s ] Only

10.1 Allottee of Unlockable Unit will not get physical possession of the unit.

10.2 All 'Unlockable Units' in the complex shall be controlled and managed by Lease Facilitation Centre, which shall act as a common agent/representative of allottees of Unlockable Spaces. Lease Facilitation Centre shall either use or allow use or further sub-lease the unlockable units on behalf of allottees of Unlockable Spaces for their common benefits and shall after deducting its total expenses and brokerage/fees paid, distribute the income generated from use/further sub-lease of unlockable units/spaces amongst the first sub-lessees of unlockable units as per its Rules. 10.3 Lease Facilitation Centre shall be established prior t o execution of sub-lease deed of the unit in favour of allottee and allottee shall cooperate with developer in all ways for establishing Lease Facilitation Centre including by way of execution of necessary documents. Failure of Allottee t o cooperate with developer in establishing Lease Facilitation Centre o r fails t o execute/provide necessary documents shall be deemed t o be a material breach of the t e r m s and conditions of allotment and t h e consequences thereof as mentioned in this Agreement shall follow. In addition t o said consequences developer will also be immediately released/discharged from its all liabilities regarding payment of returns, mentioned in article 7 above, t o allottee Lease Facilitation Centre shall always be deemed t o have allottee's authority:I

10.4

a1

t o make negotiations and t o execute appropriate documents [including sub-lease deed] in relation t o use or allowing use of Unit by such person on such terms and conditions as the Lease Facilitation Centre may deem fit and proper and t o present such documents for registration in the office of concerned Sub-Registrar. t o represent allottee before GNIDA o r any other government department and t o execute any document or undertaking in relation t o the Unit.

i
1
I1
I

bl

Signature of Allottee

Page 6 of 16

AR'I'ICLE 11: C o n d i t i o n s r e g a r d i n g u s a g e 11.1 The unit will be a part of Information Technology Park and can be used only for IT/ITES activities approved/recognized by Government of Uttar Pradesh/GNIDA. 11.2 11.2.1 11.2.2 11.2.3 Allottee of Unlockable Unit [i.e., Type B Unit]: shall have no right t o use any part of the Complex. shall not put his signage, board, banner, narne plal;o etc, on any place in the complex. Shall, after the date of offer of possassic~n, buclr' tho proportionate cost of repairs and maintenance of Unit [including the furniture and eyuil~rnentf:;] from time to timc!.

11.3

Occupant/allottee of Lockable Unit [i.o., 7 j l ~ u Unil.]: A 11.3.1 shall always keep the Unit absolutely
rict~C and

clean.

11.3.2 shall always keep the area within t;he periphery walls of the unit fully repaired and maintained [including all civil work, painting of inner wirlls and innor cloors 6 windows, repairs and replacement of equipment, furniture, fixtures and fittings, otc.]. Developer/Maintenance Agency shall not, in any manner whatsoever be responsible for upkeep or maintaining any tirea/portion/fixture/furniture/equipment or fitting/equipment etc., withirr the periphery wells of the unit 11.3.3 shall always comply with a1 laws, including all Labour &Tax related laws and shall always keep all dues of 1 its labour, staff, employees, vt!nclors and that of Government fully paid.

11.3.4 shall in case he seeks regist;rat;inn as Software Technology Park of India [STPI] with Customs or other authorities, cornply with his all formalities including custom bonding. 11.3.5 shall always ensure that the unit ;i never attached by Government, Civil Administration or Court due t o any : default of allottee. 11.3.6 shall be allowed t o put its name/sign board only in accordance with policies of Developer/Maintenance Agency only a t the place recognized/identified by Developer/Maintenance Agency for this purpose and at no other place.

11.4 Allottee of Lockable Unit [i.e., Type A Unit] shall not: 11.4.1 cause noise, air or water pollution by use of loudspeakers or any other instrument/equipment.

11.4.2 throw or accumulate dust, garbage, filth, rubbish and spit in the common areas of the complex. 11.4.3 keep any of his materials in common areas.

11.4.4 allow any of its employees; staff etc. t o sit/rest in the common areas. 11.4.5 install its/their Air Conditioners or Air Coolers or Generator Sets. 11.4.6 use Petrol, Kerosene, Diesel, Liquefied Petroleum Gas, Compressed Natural Gas or any other combustible substance/material/gas in the unit.

11.4.7 lay its separate utility connection lines. 11.4.8 make any alteration in the unit. However interior decorations [riot permanent in nature and without using cement, steel and bricks] may be carried out in the unit as per Fit-Out Policy of the complex, subject to prior approval of the developer 11.4.9 11.5 cause any disturbance to the other occupants of the complex.

Allottee shall have no right to make or ask for any change in the decoration, look, appearance, colour scheme etc. of the common areas or any area beyond the periphery walls of the unit or of facade of the complex. All these are the exclusive prerogative of developer/maintenance agency.

Signature of Allottee

11.6

Entry of representatives of developer or maintenance agency in the unit for the purposes of making inspection and/or for maintenance works shall never be restricted or objected. Developer and maintenance agency shall always have the right to restrict entry of any person in the complex/building and to restrict movement of any person in the complex/building for security reasons or if they doubt the antecedents, genuineness or integrity of such person.

!
I

11.7

11.8

Aforesaid terms and conditions regarding usage of the unit shall also be complied by occupant/lease facilitation centre, i
I

ARTICLE 12: A s s i g n m e n t a n d f u r t h e r sub-lease: 121 Allottee may transfer/assign his claims/interests in this agreement or in the unit after obtaining 'No Objection Certificate' from developer Issuance of 'No Objection Certificate' shall be dependent on then prevailing policies of developer [including levying of Transfer fees/charges]. Transfer charges shall be declared in the Maintenance Policy of 0 0 the complex, as applicable from time t o time. Till the framing of Maintenance Policy, transfer charges shall be Rs. 1-', [Rupees One Hundred Only] per square feet of Super Area. The allottee shall also be liable to pay any charges that may be payable t o any authority in respect of such transfer It is made clear that no transfer fees/charges shall be levied for first transfer Any addition/deletion in the name[s] of allottee shall be considered as transfer Developer may without any prior notice to the allottee transfer/assign any of its interests, rights, claims, entitlements in the complex [or any portion thereof, if permissible by law) to any other person, company or association. However, rights/claims/liabilities of allottee with respect to the unit shall remain unaffected by any such transfer/assignment by the developer Violation of any of the above clauses shall be considered as material breach of terms and conditions of this allotment/agreement and consequences mentioned in article 13, below shall follow

12.2

12.3

ARTICLE 13: Consequences of M a t e r i a l B r e a c h of T e r m s a n d C o n d i t i o n s o f a l l o t m e n t 131 In case prior to execution of sub-lease deed, allottee commits any material breach of any term or condition of this agreement [including regarding making any payment relating to the unit or conditions regarding usage, etc.] developer shall have following rights: 13.1.1 13.1.2 To serve notice upon allottee t o cure the defect within fifteen days from the date of said notice. In case allottee fails t o cure the defect within the notice period, developer may cancel the allotment and refund the amounts of Basic Price and Preferential Location Charges paid by allottee for the Unit after deducting the earnest money, all discounts availed by allottee and commissions/incentives paid by developer t o the broker for the unit.

13.2

In case after execution of sub-lease deed in favour of allottee, allottee commits any material breach of any term or condition of this agreement or sub-lease deed [including in respect of payment of any charges in respect of the unit and/or conditions regarding usage of the unit] developer as well as maintenance agency shall have following rights: 13.23 13.2.2 To serve notice upon allottee to cure the defect within fifteen days from the date of the unit. In case allottee fails to cure the defect within the notice period, developer and/or maintenance agency may13.2.23 13.2.2.2 13.2.2.3 13.2.3 withdraw services like supply of electricity and other common services from the unit. block access to the unit Stop all rents/returns of allottee from the Unit, if applicable

In case, in the judgment of developer or maintenance agency the conduct of allottee is such, which requires immediate action at the end of developer and/or maintenance agency, condition of serving notice upon allottee prior to taking any action under article 13.2.2 shall be deemed to have been waived off. In case after action of developer or maintenance agency under article 13.2.2, allottee satisfies the developer and/or maintenance agency that allottee has cured the defect and undertakes not commit breach of any tern or condition of allotment of the unit in future, developer and/or maintenance agency may restore the services and access to the unit provided allottee pays the restoration charges and pays with interest all recurring charges applicable on the unit even for the period services and access to the unit was withdrawn/blocked.

13.2.4

Signature of Allottee

Page 8 of 1

13.2.5 In case allottee does not apply t o developer/maintenance agency for restoration of services and access t o the unit after clearing all his dues as per this agreement within three months f r o m date of action of developer/maintenance agency under article 13.2.2, developer shall be entitled t o cancel the sub-lease deed in favour of allottee and refund the amounts of Basic Price and Preferential Location Charges paid by allottee f o r the Unit after deducting t h e earnest money, all discounts availed by allottee and commissions/incentives paid by developer t o the broker for the unit. 13.3 Article 13.2.5, above shall not be applicable in case of unlockable unit provided allottee and Lease Facilitation Centre ejects the occupant within two months from date of action of developer/maintenance agency under article 13.2.2 Allottee undertakes t o indemnify and keep the developer and maintenance agency indemnified f r o m all losses and damages, which t h e developer o r maintenance agency may suffer o r sustain due t o any act of omission o r commission of allottee. a r e a of t h e u n i t :

13.4

ARTICLE 14: S u p e r a r e a / c o v e r e d 14.1

Consideration for allotment and all other charges including CAM charges, Taxes, etc. shall be calculated on the basis of 'super area' of t h e unit. Service areas located in the complex will be part of common areas and shall be earmarked by the developer t o house services including but not limited t o Electric Sub-station, Transformer, DG set rooms, Underground water tanks, Pump rooms, AC Plant, Maintenance and Service rooms etc, and other permitted uses as per building plans. Allottee shall not be permitted t o use the service areas in any manner whatsoever and shall have no access thereto. Service areas shall bc? reserved for exclusive use by the developer o r maintenance agency for rendering maintenance services. Size of the Unit, mentioned 'in article 2.1 above is tentative and approximate, which is subject t o change and variation depending upon the building plans (including amendments thereof, if any] and final construction of the complex. However developer shall cncleavor that size of t h e unit mentioned in article 2.1 above and size of unit finally provided t o the allottee do not vary by m o r e than 15%.

14.2

14.3

ARTICLE 15: L o a n s 15.1 Allottee may avail of loan for this allotment f r o m any bank o r financial institution a t his own responsibilities, risks, costs and consequences. However allottee shall not force the developer t o comply with any formality of any bank/financial institution/company for the purposes of availing loan. Developer shall be free t o take loan/financial assistance from any bank/financial institution for the purposes development of the complex and for this purposes developer may mortgage the plot or any building/structure t o the concerned bank/financial institution. However, the developer shall get charges and encumbrances, if any on the unit cleared prior t o registration of sub-lease deed in favour of allottee.

15.2

ARTICLE 16: A l l o t t o e ' s o t h o r a c k n o w l e d g e m o n t e 16.1 Allottee has apprsnisoclhiln:;~lf wikh all laws, t'i~les, r'egulot;ione, rlot;ificat;ions, circulars, zoning plan and policies of GhllDA & Govr?rnrnont,whict.1 nr'a upplic;c~hlnon t,he plot uncl tho c:c.lrnplex. Allot;toe undertakes t o comply with the sarne in letter ancl spirlit, Allottee has checlted, vo~-ili~~sl !.;irtisFi~irl nl~lol I-1irnr311ll rsrsyarclingauthorities and entitlements of developer t o construct il-~spactt~il r'alevant documents/papers and satisfied himself thc-: and develop the complex or1 I;hc! plot. Allntr;ecc I l i r ~ regarding developer's right;:? aritl f:~utblot'il;iat: 1;rI illlut the! unit on the terms and conditions contained in this agreement.

16.2

tsrrns and conditions of permissions/licenses issued by the 16.3 This allotment is scrbject t o policiae of ttlo I";c)vetriir~.ierlt, Government and restrictions issuecl/irrlpr)cit.!cl by the GNIDA, Department of Town and Country Planning, Department of Industries, Depnrtt;ment of' Irlfor~rnetion &Technology, Municipality, Local bodies, and other Government Authorities/Bodies. Allotteo hereby undertakes t o abide by such policies, t e r m s &conditions and restrictions. 16.4 Allottee has understood the plans, designs, and specifications of the complex and agrees t o the same. Developer may make such variations, additions, alterations therein as it may in its sole discretion deem fit, proper and necessary. Such changes/alterations in plans, designs, and specifications of the complex may result in changes in dimensions o r area of the unit, t o which the allottee, hereby gives his consent.
Signature of

Allottee

Page 9 of 16

1 6 . 5 Developer shall exclusively determine as t o what kind of materials shall be used in construction 6 1 development of t h e complex. Developer shall exclusively determine t h e specifications of the unit; nature cjFi construction, type of outer facade, design of t h e complex and nature of facilities 6 services t o be ! provided in t h e complex. Allottee shall have no say in these regards. ! 1 6 . 6 Allottee will never interfere in activ~ties developer or in construction/development of t h e complex in of any manner, whatsoever. 1 6 . 7 The Allottee hereby agrees t h a t in case a f t e r completion of t h e Building/Complex, if any f u r t h e r construction on t h e said plot becomes permissible due t o increased FAR o r any other reason, Developer alone shall have t h e right t o avail such FAR and make additional construction and t h e Allottee shall not have any right /claim thereln. A R T I C L E 47: M i s c e l l a n e o u s : 17.1
I

In case developer abandons t h e project of construction of t h e complex or p a r t thereof due t o any reasor],; developer's liability shall be only t o refund t h e amount pald by allottee t o developer in respect of t h e unit, I Save what has been stated in payment plan, i.e., Annexure 'A', developer shall n o t be liable t o pay any return, penalty, Interest or compensation t o allottee under any circumstances whatsoever. Allottee shall f r o m time t o time execute 6 sign f u r t h e r documents and agreements including t h e Maintenance Policy and Fit-Out Policy of the complex, as may be required by developer in developer's standard formats. In case allottee fails t o execute any document or agreement so required by developer within 1 5 [fifteen] days of demand thereof [including on the ground of non acceptance of any clause or condition] i t will be considered as material breach of t e r m s and conditions of this allotment/agreement and consequences mentioned in article 13, above shall follow. Allottee having NRI/PIO status shall himself be exclusively responsible t o comply with necessary formalities as laid down in Foreign Exchange Management Act, Reserve Bank of lndia Act and/or any other law governing this transaction/deal including remittance of payments in lndia and acquisition of immovable properties in India. Developer shall n o t be responsible in case any t h i r d party makes any payment in allottee's account f o r the unit. Allottee shall himself has t o ensure t h a t all payments f o r t h e unit a r e made only through authorised and approved channels/accounts. In case, i t is ever found t h a t any provision of any applicable law is n o t complied with or violated, i t will be considered as material breach of t e r m s and conditions of this allotment/agreement and consequences mentioned in article 1 3 above shall follow. Allottee shall have no right t o change o r ask f o r change in t h e name of t h e complex. Developer may a t an time change t h e name of t h e complex. Developer shall also be entitled t o give any other name t o any particular building/building forming t h e p a r t of t h e complex. Subject t o what has been stated in other clauses of this agreement, allottee shall n o t be entitled t o seek cancellation of this allotment/lease/agreement o r reduction of area of t h e unit under any circumstance whatsoever. However developer may in its sole discretion/prerogative accept allottee's request [if any] t cancel this allotment/Lease/agreement b u t in such a situation developer shall be entitled t o forfeit t h e earnest money f o r t h e whole unit [in case of cancellation). Developer shall also be entitled t o deduct all discounts availed by allottee and commissions/incentives paid by developer t o t h e broker f o r allottee's allptment/agreement. Allottee shall n o t be entitled t o claim any interest o r appreciation f r o m developer. Allottee has got his address registered/recorded in t h e records of developer a t t h e time of making his application f o r allotment of t h e unit. In case of any change in address of allottee, allottee shall inform the developer in writing through registered A. D. Post alongwith proof of residence of such new address. Developer shall send all its letters/notices and communications t o t h e allottee a t his address as per the said records of developer through registered/speed post or through courier. All such Letters/notices and communications so sent t o t h e allottee shall be deemed t o have been duly received by allottee withir five days a f t e r dispatch. In case of joint allottees, all communication shall be sent by developer only t o t h allottee whose name appears first. Such communications shall f o r all purposes be considered as served on all allottees and no separate communication shall be necessary t o be given t o t h e other joint allottee

17.2

17.3

17.4

17.5

17.6

Signature of Allottee

Page 10 o

17.7

Allottee shall send all communications/letters t o the developer only through registered/speed post a t developer's office situated a t "5-0, Plaza M-6,Jasola District Centre, New Delhi - 110 0 2 5 " o r at such other address which the developer may declare in writing for this purpose. Delay o r indulgence by developer in enforcing any t e r m o r condition of this allotment or any forbearance o r giving time t o allottee shall n o t be construed as a waiver on the p a r t of developer nor shall the same in any manner prejudice any right of developer. If any provision or t e r m o r condition of this agreement is held t o be void o r unenforceable by any competent Court/Authority, such provision/term/condition shall be deemed t o have been deleted so far as it is reasonably consistent with the purpose of this agreement and remaining provisions, t e r m s and conditions of this agreement shall remain valid and enforceable.

17.8

17.9

17.10 This agreement constitutes complete agreement and understandings between the parties on the subject hereof and supersedes all prior negotiations and/or agreements, either written o r oral. 17.11 Developer shall not be bound by any oral or written commitments beyond the scope of t e r m s and conditions of this agreement even if made by any broker o r employee of developer. 17.12 This agreement has been prepared in duplicate, both copies of which have been signed by parties hereto. One original copy of this agreement shall be retained by developer and the other original copy shall be retained by allottee. ARTICLE 18: D i s p u t e r e s o l u t i o n

18.1

Rights and obligations of parties arising from o r concerning this agreement shall be construed and enforced in accordance with the laws of India. In case of any dispute between the parties hereto [including their successors] concerning this agreement o r matters arising there from, the same shall be adjudicated by way of arbitration, which shall be conducted by an arbitrator nominated by developer. Arbitration shall be held a t New Delhi. Subject t o arbitration clause, for all legal matters between the developer and allottee Courts/Tribunals/Forums New Delhi shall have the exclusive jurisdiction. at

18.2

18.3

IN WITNESS WHEREOF the parties have signed this agreement on the date and at place first mentioned above.

Authorised Signatory M/s. Spire Techpark Private Lirliit,ncl DEVELOPER

WITNESSES:
1.

Signature of Allottee

A N N E X U R E A: 1 0 0 % D o w n P a y m e n t P l a n w i t h 1 2 % P e r Annum A s s u r e d R e t u r n

t o developer vide developer's receipt No. dated Serv~ce Tax] Balance (~ncludlng Rs

/-[Rupees
only] p a ~ d developer v~de to

developer's receipt; No. dated

Notes:

[I ]

'Date of Booking' is [i.e., the date when complete consideration along with applicable service tax for allottee's unit is actually received by developer [in case of payment through cheque/draft, the date when amount is credited In developer's bank account]]. Service Tax IS payable by allottee in accordance with law. Other charges ( ~any) shall be payable as per agreement f W~th effect from the date of booking developer w~ll returns @ 12% [Twelve Percent] per annum t o allottee on the pay Service Tax] on cons~deration shall not be ~ncluded for amount of consideration recelved by developer. Taxes (~ncluding calculating thls return. This return shall be payable on monthly basis by 7th day of succeeding month after deducting TDS. This return shall be ~ncluslve all Taxes includ~ng of Service Tax, ~fapplicable on such returns Thls return shall be payable till the date of offer of possession of Unit. No returns shall be p a ~ d excess payments, ~fmade. on Developer represents that allottee shall receive for a period of three years, with effect from date of offer of possession of Unit by developer; a minimum of Rs. 5', 1 [Rupees Fifty One only] per month per square feet of super area of the Unit, inclusive of all taxes including Service Tax, towards rent or otherwise in lieu of providing his Unit for further sub-lease alongwith his share of common amenities and car parking through the developer. During this period of three years, CAM Charges shall be paid by occupant of the Unit. This condition, i.e. Note 5 shall be applicable only if Unit is sub-leased or used by/through the developer or developer's nominee only on the terms settled by developer/developer's nominee. Developer shall put the Unit in Furnished Condition in accordance with Annexure B, at the stage when Unit is put t o actual use or at the end of period of three years mentioned in Note [5],above, whichever is earlier Interior decoration, specifications and brands of furniture, fittings, equipments etc, t o be provided by developer, shall be of developer's choice only and in case of any defect in said furniture, fittings, equipments etc. allottee shall make the complaint directly t o the concerned service centers at their own costs and responsibility. Use of these furniture, fittings, equipments etc. by sub-lessee/occupant shall be subject t o wear and tear thereof, for which developer shall have no responsibility. In case of joint allottees amounts mentioned in notes (4) and [5) above shall be payable t o allottees in following ratio: -

[2] (31 (41

1 i i
4

(51

[6]

(61

[7]

Every Unit of 500 Square Feet [46.45 Square Meter] will come with power backup of 1 KVA load. Additional power backup load will be payable extra as per then prevailing rates

Signature of Allottee

Page 12 of I I

A N N E X U R E A: 50% Down P a y m e n t P l a n w i t h 11%P e r Annum A s s u r e d R e t u r n Super Area Basic Price [In Rupees Per Square Feet of Super Area] Preferential Location Charges [i.e., PLC] [In Rupees Per Square Feet of Super Area) Consideration [i.e., Basic Price + PLC) [In Rupees]

Service Tax Registration Amount

1
Rs. 21,000/- [Rs. Twenty One Thousand Only] paid t o developer vide developer's receipt No. dated

First Installment

50% of Consideration [including of registration amount). Amount of this installment is Rs. dated

. This installment has

been paid t o developer vide developer's receipt No.

Second Installment Third Installment

2 5 % of Consideration payable within one year f r o m the date of booking. 25% of Consideration payable within t w o years f r o m the date of booking.

Notes: [I) 'Date of Booking' is [i.e., the date when 50% of consideration along with applicable service tax for allottee's unit is actually received by developer [in case of payment through cheque/draft, the date when amount is credited in developer's bank account]] Service Tax is payable by allottee in accordance with law. Other charges [if any] shall be payable as per agreement With effect from the date of booking, developer wII pay returns @ 11% [Eleven Percent] per annum t o allottee on the amount of consideration received by developer:With effect from the date of realization of second and third installment developer will also pay returns @ 11%I [Eleven Percent] per annum thereon t o allottee. In no case returns on amount of second installment shall begin prior t o expiry of one year from the date of booking. In no case returns on amount of third installment shall begin prior to expiry of two years from the date of booking.Taxes [includingService Tax] on consideration shall not be included for calculating this return. This return shall be payable on monthly basis by 7th day of succeeding month after deducting TDS. This return shall be inclusive of all Taxes including Service Tax, if applicable on such returns. This return shall be payable till the date of offer of possession of Unit. No returns shall be paid on excess payments, f made. [5] Developer represents that allottee shall receive for a period of three years, with effect from date of offer of possession of Unit by developer, a minimum of Rs. 51/- [Rupees Fifty One only] per month per square feet of super area of the Unit, inclusive of all taxes including Service Tax, towards rent or otherwise in lieu of providing his Unit for further sublease alongwith his share of common amenities and car parking through the developer: During this period of three years, CAM Charges shall be paid by occupant of the Unit. This condition, i.e. Note 5 shall be applicable only if Unit is subleased or used by/through the developer or developer's nominee only on the terms settled by developer/developer's nominee. Developer shall putthe Unit in Furnished Condition in accordance with Annexure B, at the stage when Unit is putto actual use or at the end of period of three years mentjoned in Note [5), above, whichever is earlier: Interior decoration, specifications and brands of furniture, fittings, equipmenis etc. to be provided by developer: shall be of developer's choice only and in case of any defect in said furniture, fittings, equipmenis etc. allottee shall make the complaint directly t o the concerned service centers at their own costs and responsibilrty Use of these furniture, fittings, equipments etc. by sublessee/occupant shall be subject t o wear and tear thereof, for which developer shall have no responsibility. In case of joint allottees amounts mentioned in notes [4] and [5) above shall be payable to allottees in following ratio: -

[2) [3]

[6)

[6]

[7]

Every Unit of 500 Square Feet [46.45 Square Meter] will come with power backup of 1 KVA load. Additional power backup load will be payable extra as per then prevailing rates
Page 13 of 1 6

Signature of Allottee

ANNEXURE B
Features, Specifications, Furniture and Material t o be provided by developer in Unit at the stage mentioned in Annexure A Type A : Lockable Furnished Workspaces

Area
I

Specifications
Cabins made out of powder-coated aluminium channels and clear glass. Table, side extension and storage fabricated out of laminated block board and ply, complete with drawers and shutters, all hardware.

Directror's Cabin

Staff Work- stations

Workstations fabricated out of laminated block board and ply, as per colour-scheme. Overhead storage cabinets made of laminated boards.

Meeting Area

Discussion table fabricated out of laminated block board and ply with wood/glass top, as per colour-scheme matching with the other furniture of the office. Receoptionist table fabricated out of laminated block board and ply, as per colour-scheme. Storage cabinets made of laminated boards.

Reception

Pantry

Pantry counter with overhead and under-counter storage fabricated out of laminated block board and ply.

Washroom

I1
1 1 1 1 1
-

Complete with all tiles, plumbing, and 1 W C + 1 Wash Basin in white glazed ceramic. Director's chair Visitor's chairs Staff chairs Discussion chairs Visitor's seat at Reception Pantry stools Venetian blinds on the entrance glass FCU of required capacity, with vents Card Access control system for main door Complete wi-fi facilities in the office
2 telephone lines + EPABX inter-connectivity within office. Desk phone for each worksation, director's cabin & pantry

Chairs

Blinds

PC I
1 1 1 1
Equipment Flooring Ceiling Lights

/
1
1

Access control system for main door. Wi-fi facilities Telephone lines
- -

Two power points per workstation

Two power points per workstation

1 LAN p o r t per workstation

1 LAN port per workstation

1 1 1 I

Multifunction lnkjet Printer with Fax Vitrified tiles / Tiled carpeting of size 2' X 2' 2' X 2' grid particle board false ceiling Energy efficient lights in the ceiling Paint on walls Fire-fighting and smoke detectors

Paint on walls Fire-fighting and smoke detectors

Signature of Allottee

Page 1

1 0 0 0 sq. ft. Furnished

.. ..

5 2 5 sq. ft. Furnished Space

. .

3 5 0 sq. ft. Furnished Space

2 cabins

1 cabin

10 worksations
.

..-

. .

Conference Room f o r Ei pooplo, with white boarrl

Meeting Room for 4 people, with white board

Discussion Table for 4 people

Yes Separate pantry area with Cordless Electric Kettle, Hot/Cold W a t e r Dispenser, Microwave Oven and 5 0 Itr. Refrigerator Yes 2

Yes

N.A.

Dry pantry counter with Cordless Electric Kettle, Hot/Cold W a t e r Dispenser and Microwave Oven

N.A.

N.A.
1

N.A.
1

1
I

2
4

Nil Nil

Nil

Type B : Furnished Unlockable and Undivided Office Spaces Furnished Unlockable and Undivided Spaces would mean a large consolidated space for 'serviced offices' [seperate from the 3 5 0 / 5 2 5 / 1 0 0 0 Discussion/Meeting/ sq. ft. lockable office spaces), which will comprise of Reception, Cabins, Workstations, Conference/ Board Rooms, Rest Rooms, Toilet, Pantry. Exhibition Space, etc. These will be in a

finished condition [i.e. with flooring, ceiling, painting and internal wiring done] and with such quantity ancl quality of common furniture [chairs, tables and storage units] and common equipment [like printers, Xerox machines, coffee vending machine, fax &telephone instruments, internet connection, air-conditioning, audio/vide~conferencing etc.] which developer may deem fit and proper. This common furniture and equipment shall be meant for use of occupants of the Unlockable Spaces/Serviced OHices of building/floor.

Signature of Allottee

Page 15 of 16