HIRE PURCHASE DEED

This DEED OF HIRE PURCHASE executed this, the 8th day of March 2017 BETWEEN

Rajooth Motors LLP, T. Nagar, Chennai 6200001 hereinafter called the “VENDOR”(which term
shall mean and include all their legal heirs,executors, representatives, assignees, etc.) of the ONE
PART and Mr. Ram, son of Laxman, residing at Bunglow No. 202, Kawabagh, Parrot Colony,
Chennai 700003 hereinafter called the “PURCHASER”(which term shall mean and include all
their legal heirs,executors, representatives, assignees, etc.) of the OTHER PART.

WHEREAS the vendor is the owner of the property consisting motor cycle bearing Registration
No. TN 45 AC 1245 more fully described in the schedule hereunder having acquired the same
from Mr.Adithya , by way of sale in the year 2000 and evidenced by sale deed No. 2020/92.

WHEREAS the vendor is desirous of selling off by way of hire purchaseagreement of the
consisting motor cycle, bearing Registration No. TN 45 AC 1245, more fully described in
schedule hereunder.

WHEREAS, the vendor and purchaser having carried out negotiations for the hire purchase
agreement respectively of the property consisting motor cycle bearing Registration No. TN 45
AC 1245, more fully described in the schedule hereunder and the vendor having agreed to hire
the said property for the term of twenty months from the date hereof at a total rent of Rs. 1150/-
(Rupees One thousand one hundred fifty only) to be paid by installments.

NOW THIS DEED WITNESSES THAT IN CONSIDERATION OF the vendor having agreed to
hire purchase the property consisting motor cycle bearing Registration No. TN 45 AC 1245,
more fully described in schedule hereunder, the purchaser having paid on the day of execution of
this deed, a sum of Rs. 600/- to the vendor, which sum the vendor acknowledges of having
received; and thus the vendor do hereby convey unto the purchaser absolutely all the title and
interest in the schedule mentioned property and further, the vendor also deliverspossession of the
said property to the purchaser to enable the purchaser to enjoy the said property and without any
interruption in whatever nature.

TO HAVE AND TO HOLD the property by the purchaser and forever and without any
encumbrance of whatsoever nature.

THAT the vendor and purchaser hereby mutually covenant as follows:

1. The vendor shall, unless and until all installments of hire are paid, keep and maintain the
sale property in good order and condition and preserve the same from loss or injury and
make good all damage whether accidental or otherwise.
2. The vendor shall keep the said property in his own custody at the above address of the
vendor and shall not remove the same or permit or suffer the same to be removed without

6. the parties hereto have set their hands on this. The vendor shall have an option to purchase the said property at any time during the term of this agreement by payment in lump. The vendor shall punctually pay the license fee payable and renew the license in time in respect of the said property. the 8 th day of March. all the amount of hire less what has been already paid. 5. the owner’s previous consent in writing and allow the owner his agents or servants to inspect the same wherever demanded. neither assign nor encumber nor sublet the said property not suffer any decree or order of any court whereby the said property may be attached nor commit any act of insolvency nor enter into any scheme or composition with his creditors. In consideration of the owner having delivered the said property to the vendor. due till date. and to be liable for any loss or damage caused to the said property. If the vendor commits any breach of any of the terms of this agreement the owner may terminate this hiring. this 8th Day of March. 8. if any.xxxxxxxxxxxx (Name and Address) (purchaser) . and guarantee the punctual payments of the hire installments. the guarantor hereby stand surety for the hirer for due performance of the terms and conditions of this agreement. The vendor shall. WITNESS (1) (sd/-)-xxxxxxxsd/-xxxxxxxxxx (vendor) (2) (sd/-)-xxxxxxxxxxxsd/. 9. retake possession of the said property and also recover any arrears of rent due and damages for such breach. 2017. 4. If the vendor shall punctually pay the hire until and including the last installment.2017. 3. 7. At any time during the term of the agreement the vendor may terminate this agreement by surrender or return of the said property to the vendor together with all arrears of rent. IN WITNESS WHERE OF. Dated at Chennai. he shall become the absolute owner of the said property.

the 8th day of March. Registered at AnnaMalaimotors Chennai. about 125 CC 12 horse power with self-start. SCHEDULE OF PROPERTY A 2003 model Bajaj KB 100. 2017. Dated at Chennai. (sd/-) xxxxxxxx (Vendor) . vehicle bearing registration number TN 45 AC 1245 in the name of Rajooth proprietor Rajooth Motors LLP.