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LEASE AGREEMENT

This lease Agreement is made and executed at Delhi on this 16 th day of

August, 2018,
:BY AND BETWEEN

(1) MR. AMAN KUMAR AND (2) MR. SIDHANT KUMAR, BOTH SONS OF
MR. ANIL KUMAR AND BOTH RESIDENTS OF C-23, C.C. COLONY,
OPPOSITE RANA PRATAP BAGH, DELHI-110007, (hereinafter referred
to a “Lessor/Landlord”), which expression shall wherever the context so
admits, includes their Heirs, Executors, Administrators or Legal
Representatives and Assigns, of the One Party.
AND

M/S. RISHICHEM DISTRIBUTORS PVT. LTD., HAVING ITS OFFICE AT

B-104, CITY POINT, NEXT TO KOHINOOR CONTINENTAL, J.B.
NAGAR, ANDHERI KURLA ROAD, MUMBAI-400059, THROUGH ITS
AUTHORIZED SIGNATORY NAMELY MR. KUMAR CHANDAN SON OF
MR. BIPIN KUMAR SHARMA RESIDENT OF CHAPRA MEGH RAI,
MUZAFFARPUR, BIHAR-843119, (hereinafter referred to a
“Lessee/Tenant”), which expression shall mean and include its
Successors, Assigns, Legal Representatives, Executors, Administrators,
etc., of the Other Part.

WHEREAS the Lessor is the owner of OFFICE SPACE/UNIT BEARING

NO.905, 9TH FLOOR, SITUATED AT GD-ITL TOWER, BUILT ON PLOT
NO.B-08, NETAJI SUBHASH PLACE, PITAM PURA, DELHI-110034
(hereinafter referred to as the 'Tenanted Premises').

AND WHEREAS the Lessee had been under the tenancy of the Lessor, vide
registered Lease Agreement dated 10.08.2015, with respect to the
Tenanted Premises being, OFFICE SPACE/UNIT BEARING NO.905, 9 th
FLOOR, SITUATED AT GD-ITL TOWER, BUILT ON PLOT NO.B-08,
NETAJI SUBHASH PLACE, PITAM PURA, DELHI-110034, with all its
fittings and fixtures, for the period of 3 years. Since, the said tenancy
period has already expired and since the lessee intents to continue
with the tenancy with respect to the above mentioned tenanted
premises for a further period of 3 years, which was duly agreed by the
lessor on the following rterms and conditions:

NOW THEREFORE IT IS AGREED BETWEEN THE PARTIES AS

UNDER:-

1. That in consideration of the rent hereinafter reserved and the

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covenants and conditions hereinafter contained to be observed and

performed on the part of the lessee, the Lessor does hereby grant,
demise by way of lease to the lessee the aforesaid tenanted
premises for a further period of 3 years commencing from
15.08.2018 to 14.08.2021 at the monthly rent , as per the following
schedule:-

a. From 15.08.2018 to 14.08.2019 the monthly rent shall be Rs.

33,675/- (Rupees Thirty Three Thousand Six Hundred and
Seventy Five only);

b. From 15.08.2019 to 14.08.2020 the monthly rent shall be Rs.

37,042/- (Rupees Thirty Seven Thousand and Forty Two only);
and

c. From 15.08.2020 to 14.08.2021 the monthly rent shall be Rs.

40,746/- (Rupees Forty Thousand Seven Hundred and Forty Six
only).

payable in advance of every month on or before 15 th day of each

English Calendar Month by cheque payable at New Delhi or by direct
transfer online into the account of Lessor, after deducting TDS.

2. That the Lessee also do hereby covenants with the Lessor as follows:

i. That the tenancy will commence from 15.08.2018 for a period

of three years only w.e.f. from the aforesaid date and expire on
14.08.2021 with the lock-in period of 12 months. The Lessee
is entitle to terminate this lease by giving one month advance
notice, after completion of a minimum period of lock-on
period. In case, the Lessee chooses to terminate the lease
before the completion of lock-in period of twelve months, then
it shall have to pay rent for the full period of twelve months to
the Lessor.

ii. That the Lessee shall pay regularly and on time for
Maintenance Charges, Electricity Charges and Water Charges,
as per the consumption of the Tenanted Premises during its
tenancy period, accordingly to the bills of the Local
Authorities/Maintenance Agency or TPDDL and Delhi Jal
Board. The Lessee shall hand over the paid Bills and
Receipts in original to the Lessor.

iii. That the Lessee shall use the said Tenanted Premises for the
Office/Commercial Purpose only and the Lessee shall not use
the said TENANTED PREMISES for any other purpose,
contrary to law and its use.

iv. That the Lessee shall not make any structural changes or
additions and alterations in the said Tenanted Premises.

v. That the Lessee shall not assign/ sublet or part with

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possession of the Tenanted Premises or any part thereof under

any arrangement.

vi. That the Lessee shall allow the Lessor or their agents, duly
authroized on their behalf, to enter the Tenanted Premises to
view the conditions of the Premises at any reasonable hours.

vii. That day to day minor repairs, such as fuses, leakages of

water taps/tanks, etc. have to done by the Lessee at its own
cost.

viii. That the Lessee shall properly maintain fixtures and fittings
including but not limited to Air Conditioner installed therein,
and shall restore these in good working condition/order at the
time of vacating the Tenanted Premises.

3. That at the time of expiry of tenancy period, the Lessee shall hand
over the peaceful and vacant, physical possession of the Tenanted
Premises to the Lessor.

4. That neither the Lessee or any of its Employee, shall create any type
of nuisance in the Tenanted Premises or any part thereof or in the
properties nearby.

5. That if the Lessee violates and infringes the terms and conditions of
this Agreement then the Lessor shall be entitle to get vacated the said
Tenanted Premises from the Lessee, through Court of Law at the exclusive
costs of the Lessee, itself.

6. That if the Lessee fails to pay the monthly rent of the Tenanted
Premises to the Lessor then the Lessor shall have the right to get Lessee
evicted from the Tenanted Premises and take over the possession of the
Premises and has the right to realize/recover all the outstanding dues
/arrears from the Lessee, as per the present Agreement.

7. That the Lessee had at the time of creation of tenancy, vide

Registered Lease Agreement dated 10.08.2015, deposited a Security
amount of Rs. 69,000/- (Rupees Sixty Nine Thousand only) with the
Lessor, as per the following details :

a. Rs. 34,500/- (Rupees Thirty Four Thousand Five Hundred

only) by Cheque No.012456 dated 03.08.2015 drawn on Citi
Bank, Mumbai, favouring Mr. Aman Kumar; and
b. Rs. 34,500/- (Rupees Thirty Four Thousand Five Hundred
only) by Cheque No.012455 dated 03.08.2015 drawn on Citi
Bank, Mumbai, favouring Mr. Sidhant Kumar

It has been now agreed between the Lessor and Lessee that the
Lessor shall continue retain the said Security Deposit, which shall
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be refunded to the Lessee, without interest, at the time of vacation of

the Tenanted Premises, after adjustment of any outstanding
Dues/Arrears/Maintenance Charges/Bills, if any payable.

8. That if the LESSEE fails to deliver the possession of the property at the
expiry of the tenancy i.e. on 14/08/2021 they shall be deemed to have
become an illegal occupant and shall be liable to pay a penalty of
Rs.2,000/— (Rs. Two Thousand Only) per day in addition to the rent of
such illegal occupation of the property to the LESSOR and the electric and
water connection will be disconnected by the LESSOR and the LESSOR
shall have full right to get vacated the above said demised premises
through court of law.

9. That if the LESSEE runs any other activities other than office /
commercial, then the LESSOR will be on liberty to get the premises
vacated without prior notice and the tenancy period will be revoked or
terminated and security deposit will be forfeited. '

10. That the LESSOR will NOT be responsible for any illegal or criminal
acts otherwise any other acts which are not permitted by law/ authority of
the LESSEE, if any be committed "by the LESSEE or his/her/their
employees during the tenancy period.

11. That all the charges for the misuse of the electricity if any or any other
penalty in this regard shall be payable by the LESSEE during the tenancy
period.

12. That the LESSOR shall have no objection if the LESSEE installs a
telephone/internet connection within the said premises, or any other
electronic goods ,such as T.V., CCTV etc subject to the condition that any
such fittings are as per the building laws and if required, after obtaining
necessary permissions from the various Agencies concerned.

13. That the LESSOR shall not be liable for any kind of dues pertaining to
any facility availed by the LESSEE from any Govt. / Semi Govt, Private
Firms, Financial Institution, MTNL etc. pertaining to demise premises
during the tenancy period.

14. The LESSOR shall pay all Municipal Taxes, Cesses, including House
Tax to the Government as and when due to in respect of the said
premises.

15. That the monthly rent is exclusive of service tax and the same shall be
paid and borne by the LESSEE out of his own resources and funds, if
applicable at present or at any time in future.

16. The cost of stamp duty, registration charges and. other miscellaneous
expenses if leviable, will be borne by the LESSEE and LESSOR on equal
50:50 Ratio.
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17. That the Lessee shall be bound to issue TDS certificate to the LESSOR
every year and in case if the Lessee does not issue TDS Certificate by time
then the Lessee shall be liable and responsible to pay the full amount to
the LESSOR.

18. That after the expiry of the Lease period or on early termination of the
lease agreement, the Lessee shall be bound to provide NOC from the
Builder/ Maintenance Agency for the payment of Electricity and
Maintenance Bills. “

19.That if there' is some dispute arising between the parties as per the
terms and conditions of the said agreement then the courts of Delhi shall
have jurisdiction only.

IN WITNESS WHEREOF, both the parties have signed this agreement on

the day, month and year first written above in the presence of the
following witness.

WITNESSES :

1.

FIRST PARTY/LESSOR

2.

SECOND PARTY/LESSEE