LEASE AGREEMENT FOR OFFICE SPACE

This Lease Agreement (“Lease”) is made and entered into on [date] day of [month], 2021 at
[Place], by and between:

[Name], aged about [age] years, having [Identification Number], residing at [Residence],
hereinafter referred to as the “LESSOR” of the First Part;

AND

[Name], aged about [age] years, having [Identification Number], residing at [Residence],
hereinafter referred to as the “LESSEE” of the Other Part.

The Lessor and Lessee are collectively referred to as the “Parties” and individually as the
“Party”.

WHEREAS
A. The Lessor is the owner of and legally entitled to property [PROPERTY ADDRESS/
DESCRIPTION];
B. At the request of the Lessee, the Lessor has agreed to let out [portion-floor/room] of
the said premises (hereinafter referred to as the “leased premises”) on lease to the
Lessee to use the same as Registered Office of the LLP for all official purposes,
subject to the following terms and conditions.

NOW THIS AGREEMENT WITNESSETH AS UNDER:

1. Grant of Lease
In consideration of the rents to be paid and the covenants and agreements to be performed
and observed by the Lessee hereunder, Lessor does hereby lease to the Lessee and the Lessee
does hereby lease and take from the Lessor the leased premises along with the existing
fixtures and fittings.

1. Use of Leased Premises

The Lessee shall use the leased premises for Official/ Commercial purpose provided that
the Lessee shall not use the leased premises for any illegal or objectionable purpose. That
Lessor shall have no objection for using the leased premises as the Registered Office of the
Limited Liability Partnership (LLP) proposed to be incorporated under the name and style
of “NAME”. After incorporation of the LLP, the leased premises shall operate as its
Registered Office for all official purposes and there shall be no need to freshly enter into a
new rental Agreement with the incorporated LLP for the same purpose.

2. Lease Term
The lease will be for a period of eleven (11) months commencing from ________ to
________ unless cancelled earlier under any provision of this Agreement. Thereafter, the
 Parties may mutually agree to renew the Agreement for further period, not exceeding 11
months at one time, subject to mutually agreed terms and conditions.

3. Rent
In consideration of use of the leased premises, the Lessee agrees to pay to the Lessor during
the period of this agreement, a monthly rent of [Monthly Rental in Number & Words] which
shall be inclusive of electricity, water and other utility charges. The amount will be paid in
advance on or before the date of [10th day] of every English calendar month.

4. Security Deposit
That the Lessee has paid to the Lessor a sum of [Rental Deposit in Number and Words] as
deposit, free of interest, which the Lessor does accept and acknowledge. This deposit is
towards the due performance and observance of the terms and conditions of this Agreement.
The deposit shall be returned to the Lessee simultaneously with the Lessee vacating the
leased premises. In the event of failure on the part of the Lessor to refund the said deposit
amount to the Lessee as aforesaid, the Lessee shall be entitled to continue to use and occupy
the leased premises without payment of any Rent until the Lessor refunds the said amount
(without prejudice to the Lessee`s rights and remedies in law to recover the deposit).

5. Bar on Alterations
The Lessee is not authorized to make any material alteration in the construction of the leased
premises. The Lessee may however install and remove his own fittings and fixtures, provided
this is done without causing any excessive damage or loss to the leased premises.

6. Lessors right of entry

The Lessor or its duly authorized agent shall have the right to enter into the leased premises
or any part thereof at a mutually arranged convenient time either for the purpose of inspection
or for carrying out any works/ repairs.

7. Termination
In the event of Lessee committing the breach of any of the terms of this Agreement or failing
to pay the Rent for the period of 3 months consecutively, the Lessor shall be entitled to
terminate the lease by giving [one (1) months’ notice] in writing to the Lessee. Either Party
may terminate the lease by providing one (1) months’ notice to the other Party without
assigning any reason for the same. On termination of the lease, the Lessee shall duly deliver
back the peaceful possession of the leased premises to the Lessor in the same condition in
which it was let out to the Lessee, subject however to the normal wear and tear.

8. Licenses and Permissions

The Lessee shall be liable and shall obtain all required licenses, permissions from the
competent authorities and to observe all applicable laws, rules and regulations that may be
imposed by statutory or other governmental authority in connection with the commercial/
official purpose of the Lessee. The Lessor shall give necessary no objection certificate, if
reasonably required, in this regard.
9. Governing Law & Jurisdiction
The Agreement shall be construed and governed under the laws of state of Karnataka, India
and the courts in Bengaluru, Karnataka shall have exclusive jurisdiction to try all suits or
proceedings arising out of the present Agreement.

IN WITNESS WHEREOF, the parties hereto have set their hands on the day and year first
hereinabove mentioned.

Lessor, Lessee,
NAME NAME
Address Address

WITNESS ONE WITNESS TWO

[Name & Address] [Name & Address]