Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
Digitally signed postalCode=110064, st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6b
by Jyoti 7820944e42a9b084f7396ea751868
9ae83faa58e627,
Saravnan
SAJID
serialNumber=a02173f99d3e1d45
Date: 05fe2762ae0b4fc322a2d4fd95b23
034526e05ebd26e38fc, cn=AMBER
2020.05.05 SAJID
Date: 2020.05.04 16:50:40 +05'30'
19:24:25 +05:30
 Stamp Duty of Rs. 100/- on this deed has been paid vide
e-stamp certificate No. IN-DL16265662014044R dated
05.07.2019

Lease deed

This Lease Deed is executed at New Delhi on this 04th day of May, 2020

BETWEEN

Magic Eye Developers Private Limited [Corporate Identification Number

U45400DL2007PTC162243], a company incorporated under the provisions of
Companies Act, 1956 having its registered address at GF-09, Plaza M-6,
District Centre, Jasola, New Delhi - 110025 hereinafter referred to as “Lessor”,
which expression unless repugnant to the context or subject shall include its
representatives, successors and assigns.

AND

ZR Management Private Limited [Corporate Identification Number

U74140DL2015PTC284004], a company duly registered and incorporated
under the Companies Act, having its registered office at 8B, 80 SFS Flats,
Greenview Apartments, Mayapuri Marg, New Delhi, hereinafter referred to as
“Lessee” which expression unless repugnant to the context or subject shall
include its representatives, successors and assigns.

WHEREAS Lessor has developed a commercial complex named „Plaza at

106’ on land measuring 3.725 acres situated at Dwarka Expressway, Sector 106,
Gurugram (hereinafter referred to as the “Said Complex”) under License No. 65
of 2012 granted by Directorate of Town and Country Planning, Haryana.

AND WHEREAS Lessor has received Occupation Certificate bearing Memo

No.ZP-833/AD (RA)/2019/29245-251dated 28.11.2019 in respect of Towers A,
B and C of said complex.

AND WHEREAS Lessee is engaged in business of providing Long Stay

Accommodation Facilities of high standard under the brand name “CoHo”.
Digitally signed
by Jyoti
Saravnan

AMBER
Digitally signed by AMBER SAJID
Date: DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
2020.05.05 2.5.4.20=3c224a9e28e10c24b4b6b7
19:24:25 +05:30 820944e42a9b084f7396ea7518689a

SAJID
e83faa58e627,
-Page 1 of 16- serialNumber=a02173f99d3e1d4505
fe2762ae0b4fc322a2d4fd95b230345
26e05ebd26e38fc, cn=AMBER SAJID
Date: 2020.05.04 16:51:43 +05'30'
AND WHEREAS Lessee wishes to take some units in said complex on lease
for its aforesaid business. Parties hereto have discussed the matter and arrived at
an agreement, terms and conditions of which are as under:-

NOW THE PARTIES HERETO HEREBY DECLARE, UNDERTAKE

AND AGREE AS UNDER

1. Lease:

Lessor hereby grants Lease of Units (particulars of which have been

mentioned in Schedule A, attached hereto and are hereinafter referred to
as „Scheduled Units‟) in said complex i.e., „Plaza at 106‟, Sector-106,
Gurugram on „as is where is‟ basis to Lessee. Parties hereto may by
mutual consent add more units in Schedule A from time to time for
bringing such added units within the scope of this agreement. As and
when further Units are added, parties hereto shall sign amended/updated
Schedule A.

Persons who will use the facilities/services provided by Lessee in

Scheduled Units are hereinafter referred to as „Facility Users‟.

Specifications of the Scheduled Units are contained in Schedule B

attached hereto.

2. Tenure of Lease:

a) This agreement shall be effective from the date of execution of this

agreement and will continue till 31st May 2029. This agreement and
lease of all Scheduled Units shall terminate on 31st May, 2029 by
efflux of time. Any renewal of lease thereafter shall be on the terms
and conditions mutually decided by the parties.

b) Presently there is nation-wide lockdown in wake of spread of

Covid-19. Lessor will handover possession of Scheduled Units to
Lessee within 45 days of lifting of Lock-down completely.

c) Prior to handing over possession of Scheduled Units to Lessee,

representatives of both lessor and lessee, will jointly inspect the

Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
Digitally signed postalCode=110064, st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6b
7820944e42a9b084f7396ea751868
by Jyoti 9ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d450
Saravnan 5fe2762ae0b4fc322a2d4fd95b2303
4526e05ebd26e38fc, cn=AMBER
SAJID
Date: Date: 2020.05.04 16:55:15 +05'30'

2020.05.05 -Page 2 of 16-

19:24:25 +05:30
 Units. Possession of only such units, which are complete for use,
with functional air-conditioner(s) installed therein, will be handed
over to Lessee. In case Lessee points out any defect or short
coming in any unit prior to accepting possession of thereof, Lessor
shall remove the defect(s) at the earliest and thereafter possession
of Unit will be handed over to Lessee after joint inspection of
representatives of both parties.

d) Lease for concerned unit shall commence with effect from expiry
of 45 days from the date of handing over possession of Unit by
Lessor to Lessee or from the date when Lessee starts its operations
in said Unit, whichever is earlier (“Lease Commencement Date”).

e) Period of first five years from Lease Commencement Date of each

of the Scheduled Unit shall be lock-in-period for both the parties,
during which neither of them shall be entitled to terminate this
deed. However, after expiry of the aforesaid Lock-in-Period both
the parties shall be entitled to terminate this lease after giving 6
(six) months prior written notice to the other party.

3. Rent:

a) During the tenure of lease, Lessee shall pay Minimum Guaranteed

amount or Lessor‟s share in net revenues, whichever is higher, per
month to Lessor towards rent for Scheduled Units.

b) Following terms used in this agreement shall have following

meanings:

(i) Minimum Guaranteed amount:

Period Minimum Guaranteed amount

For first 60 months of Nil

Lease

For 61st to 72nd Month of Monthly Average of Lessor’s

Lease share in Net Revenues
Digitally signed
by Jyoti
AMBER
Digitally signed by AMBER SAJID
DN: c=IN, o=Personal,
Saravnan postalCode=110064, st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6b7
820944e42a9b084f7396ea7518689a
Date:
SAJID
e83faa58e627,
serialNumber=a02173f99d3e1d4505
2020.05.05 fe2762ae0b4fc322a2d4fd95b230345
26e05ebd26e38fc, cn=AMBER SAJID
Date: 2020.05.04 16:57:01 +05'30'
19:24:25 +05:30
-Page 3 of 16-
 generated in 6 months from
55th month to 60th month of
Lease

For 73rd month till 108th Same as for 61st to 72nd

month of Lease Month. However, Minimum
Guaranteed Amount shall
escalate by 5% each with
effect from commencement of
7th, 8th and 9th Year of lease on
last applicable Minimum
Guaranteed amount

(ii) Net Revenues: Gross revenue, [which will include all

revenues arising (cash, credit, online, direct or indirect
transactions) to Lessee from Scheduled Units like amount
realized by Lessee for (i) allowing use of Scheduled Units by
Facility Users, whether it is called rent or fee or otherwise;
(ii) providing food and beverages to Facility Users or
outsiders; (iii) other services like laundry services, etc.(iv)
conducting any kind of promotional activities/campaign],
generated by Lessee from Scheduled Units every month after
deduction of Taxes Like GST. Amount payable by Lessee as
Common Area Maintenance Charges for 19th and subsequent
months of lease shall be deducted while calculating Net
Revenues for said months.

Lessee has pointed out that Food and beverages, other

services like laundry services will be provided of Facility
Users directly by third parties. Lessee confirms that if lessee
generates any income from these sources, same will be
included in Net Revenues.

(iii) Lessor’s Share in Net Revenues: 50% (Fifty Percent) of Net

Revenues

(iv) Lessee’s Share in Net Revenues: 50% (Fifty Percent) of Net

Revenues

Digitally signed
by Jyoti Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
Saravnan postalCode=110064, st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6
Date: b7820944e42a9b084f7396ea7518
689ae83faa58e627,
2020.05.05
SAJID
serialNumber=a02173f99d3e1d45
05fe2762ae0b4fc322a2d4fd95b23
19:24:25 +05:30 034526e05ebd26e38fc,
cn=AMBER SAJID
-Page 4 of 16- Date: 2020.05.04 16:59:18 +05'30'
 c) Aforesaid rent is exclusive of Goods and Service Tax, which as and
if applicable as per law shall be payable extra by Lessee in
accordance with law.

4. Electricity, Water and Common Area Maintenance Charges

a) During the tenure of lease, in addition to rent stated above, the

following charges shall be collected from the Facility Users: -

(i) Charges for consumption of electricity, supplied by DHBVN,

in the Scheduled Units at State Government Rates as per
readings of separate sub-meter. [These charges are to be
collected by Lessee directly from the facility users in
accordance with clause 5(a)].

(ii) Charges for Power Back Up electricity generated through

Diesel Generator Set (DG) Set shall be payable at DG Rates,
prescribed by Lessor for said complex from time to time.
[These charges are to be collected by Lessee directly from
the facility users in accordance with clause 5(a)].

(iii) Proportionate Common Area Maintenance Charges for

common facilities and services. Common Area Maintenance
Charges (i.e., CAM Charges) payable by Lessee to Lessor,
during the tenure of this lease are as under:-

Period CAM Charges

For First 18 (eighteen) 10% of Net Revenues (to be
months from Lease calculated and paid on
Commencement Date monthly basis)

From 19th (nineteenth) For occupied Units: Rs. 3/-

month from Lease (Rupees Three Only) Per
Commencement Date square feet of super area of
Unit per month

For unoccupied units: Rs.

1.50 (Rupee One and Paisa
Fifty Only) per Square feet of

Digitally signed
Digitally signed by AMBER SAJID
by Jyoti
AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Saravnan 2.5.4.20=3c224a9e28e10c24b4b
6b7820944e42a9b084f7396ea75
Date: 18689ae83faa58e627,

-Page 5 of 16- SAJID

serialNumber=a02173f99d3e1d4
2020.05.05 505fe2762ae0b4fc322a2d4fd95b
23034526e05ebd26e38fc,
19:24:25 +05:30 cn=AMBER SAJID
Date: 2020.05.04 17:00:56 +05'30'
 super area of Unit per month.

Common Area Maintenance Charges is subject to Change

from time to time on account of changes in (i) Minimum
wages, (ii) power tariff, (iii) Diesel Price and/or (iv) costs of
providing CAM Services.

Any proposed changes in CAM charges are to be justified by

the Lessor (or any Maintenance Agency appointed by it) with
specific calculations for the changes in prices in any of these
four elements as mentioned above.

(iv) Aforesaid CAM Charges payable by Lessee, will cover up

cost of following common services:-

(a) 24 Hours, deployment of Guards of Private Security

Agency at the Gate of said complex.

(b) Cleanliness (on need basis, that too during day time)
of roads, pathways, cellars, yards and gardens within
the Complex

(c) Wet and Dry Cleaning (twice a day, that too during
day time) corridors, stair cases, lift lobbies and atrium)

(d) Garbage Collection (once a day) from designated

points.

(e) Operation and maintenance of Lifts, Tanks, Pumps,

motors, etc. keeping in view the requirements and
costs

(f) Supply of adequate raw water (i.e., ground water) in

Scheduled Units. However, in future, if water is to be
purchased from outside, the cost thereof shall be borne
by lessee in proportion to the area of Scheduled Units
viz-a-viz. area of all Units in the project.

Digitally signed Digitally signed by AMBER SAJID

AMBER
by Jyoti DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Saravnan 2.5.4.20=3c224a9e28e10c24b4b6b
7820944e42a9b084f7396ea751868
Date: 9ae83faa58e627,
2020.05.05
SAJID
serialNumber=a02173f99d3e1d45
05fe2762ae0b4fc322a2d4fd95b23
19:24:25 +05:30 034526e05ebd26e38fc, cn=AMBER

-Page 6 of 16- SAJID

Date: 2020.05.04 17:02:38 +05'30'
 (g) Lighting of internal roads and corridors keeping in
view the requirements and costs.

(h) Maintenance of Fire Control System.

(i) Annual Maintenance Cost of Diesel Generator Sets,

Lifts, and other equipment used for providing
common services in said complex.

b) Goods and Service Tax (GST) as may be applicable on aforesaid

charges shall be payable by Lessee in accordance with law.

c) Parties hereto shall jointly inspect the CAM Services being

provided in the building/project at timely intervals (preferably once
every month) and in case CAM Services are found not adequate,
parties shall take remedial measures keeping in view CAM
Charges being paid by Lessee and the costs of improvements.

5. Method of Payment of Rent, CAM, Electricity and Other Charges

a) Electricity:- Lessor shall provide pre-paid meters for each of the

Scheduled Units for measuring consumption of electricity (i.e.,
supplied by DHBVN and power backup generated through D.G.).
Lessee shall realize the appropriate amount from facility users and
pay the same to Lessor. Amount realized by Lessee from Facility
Users for consumption of electricity and water shall not be
included in calculation of Net Revenues. Responsibility for
realization of these charges from Facility Users shall be that of
Lessee.

b) Rent: Lessee shall pay the Rent in terms of this agreement to

Lessor for every month on or before 10th day of subsequent month.

c) CAM Charges: Lessor or Maintenance Agency (as the case may

be), shall raise its monthly invoice for CAM Charges upon Lessee,
which shall be charged & payable from the Gross Revenue as
available from respective month in the manner captured under
Clauses 3b(ii) & 4a(iii). Lessee shall pay within 10 days of receipt
of CAM invoice. Lessee further understands that delay in payment

Digitally signed
by Jyoti
AMBER
Digitally signed by AMBER SAJID
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,

Saravnan 2.5.4.20=3c224a9e28e10c24b4b6b78
20944e42a9b084f7396ea7518689ae

SAJID
83faa58e627,

Date: serialNumber=a02173f99d3e1d4505
fe2762ae0b4fc322a2d4fd95b230345
26e05ebd26e38fc, cn=AMBER SAJID
2020.05.05 -Page 7 of 16- Date: 2020.05.04 17:06:29 +05'30'

19:24:25 +05:30
 of CAM Charges will impact Common Area Maintenance Service
in the building/project.

d) At the start of commercial operations in Scheduled Units, Lessee

shall provide its rate card (for its all services to be provided in or
related to Scheduled Units) to Lessor. As and when Lessee
proposes to make any change in the Rate Card, Lessee shall
provide the amended/updated rate card to Lessor at least 7 days in
advance. Lessee shall frame policy for providing discounts, if any,
in prior consultation with Lessor. However, the final decision on
such pricing and discounts shall rest with the Lessee with an
understanding that Lessee shall endeavor to maximize realization
from the Scheduled Units. In case Lessee gives any discount
beyond aforesaid policy without Lessor‟s prior consent, such
discounts shall to be Lessee‟s individual account and Lessee shall
make Lessor‟s loss for such discount good.

e) Within 7 days of end of every month, Lessee shall provide its

statement of net revenues generated from Scheduled Units for that
month to the Lessor

f) Lessee shall install its own centralized billing system and shall
provide 24 X 7 remote access to its online software/Dashboard and
reports for Scheduled Units to Lessor.

g) Lessor shall have the right to audit record of Lessee pertaining to

Scheduled Units to ensure that it is receiving rent in accordance
with this agreement. The Audit Process shall be restricted to:-

(i) Lessee sharing monthly statements of occupancy and

revenues to Lessor with respect to the Scheduled Units,

(ii) Lessee to allow physical audit of spaces on prior request,

(iii) Lessee to share quarterly bank statements with respect to the

Schedules Units

Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Digitally signed 2.5.4.20=3c224a9e28e10c24b4b6
b7820944e42a9b084f7396ea751
by Jyoti 8689ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d4
Saravnan 505fe2762ae0b4fc322a2d4fd95b
23034526e05ebd26e38fc,
Date: cn=AMBER SAJID
2020.05.05 Date: 2020.05.04 17:13:09 +05'30'

19:24:25 +05:30

-Page 8 of 16-
 h) Lessee shall raise its Tax invoice on Facility Users in accordance
with law and Lessee shall pay/deposit GST with the concerned
department in accordance with law.

i) Lessor shall raise its monthly Tax invoice for rent. Lessor shall
pay/deposit GST with the concerned department in accordance
with law.

j) In case either of the party commits delay in making payments to

the other party in accordance with this deed, defaulting party shall
pay interest @ 18% per annum on defaulted amount for delayed
period to the non-defaulting party.

6. Security:

a) Lessee shall pay a sum of Rs. 5,00,000/- (Rupees Five Lakh Only)
to Lessor towards interest free refundable security in following
manner.

(i) Rs. 3,00,000/- has already been paid vide UTR No

KKBKR5202004290086717 dated 29.04.2020 drawn on
Kotak Mahindra Bank

(ii) Rs. 2,00,000/- shall be paid at the time of handover of units

as specified in Schedule A.

b) Aforesaid security shall be refunded by Lessor to Lessee within

fifteen days of termination of lease and handing over vacant
physical possession of Scheduled Units by Lessee to Lessor.
However, prior to making refund, Lessee shall be entitled to
adjust/deduct its dues under this deed and costs of repairs (normal
wear and tear, exempted), if any, of Scheduled Units from
aforesaid Security Deposit.

7. Upkeep of Scheduled Units and Maintenance of Air-Conditioners

provided by Lessor:

a) Upkeep of Scheduled Units:- Lessee shall upkeep and maintain the

Scheduled Units in good tenantable condition at all times.
Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Digitally signed 2.5.4.20=3c224a9e28e10c24b4b6b
7820944e42a9b084f7396ea751868
by Jyoti 9ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d45
05fe2762ae0b4fc322a2d4fd95b23
Saravnan 034526e05ebd26e38fc, cn=AMBER
SAJID
Date: Date: 2020.05.04 17:16:13 +05'30'

2020.05.05 -Page 9 of 16-

19:24:25 +05:30
 Maintenance of Air-Conditioners provided by Lessor:- Lessee
shall strive to keep the air-conditioners maintained, repaired and
operational throughout the term of this deed. Replacement of Air
Conditioners after expiry of their expected life will be facilitated by
Lessor through the Unit owners.

8. Responsibilities of Lessee

a) The Lessee shall have a period of 45 (forty-five) days (as

mentioned in Clause 2(c) above) from the handover of Scheduled
Units before the Lease Commencement Date, which it may utilize
for installing the items of furniture, furnishings, appliances, etc
(other than air-conditioners) as it seems necessary. Upon
termination of lease, Lessee shall be entitled to take back all the
equipment, fixture, fitting and furniture brought in by Lessee in
Scheduled Units.

b) Lessee shall take possession of Scheduled Units on „as is where is‟

in terms of Clause 2(b) above.

c) Lessee shall adequately advertise the services to be offered by it to

public and shall strive to ensure that maximum of scheduled units
remained occupied for maximum term of this deed.

d) Lessee shall complete the KYC of Facility Users prior to allowing

them to use its services in Scheduled Units.

9. Responsibilities of Lessor

a) To pay property taxes, as applicable, for the property and to

provide copies of receipts to Lessee as and when demanded by
Lessee.

b) To deposit its share of GST, as charged, with the respective

regulatory authorities and submit the returns of the same with the
Lessee every quarter.
Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6
b7820944e42a9b084f7396ea7518
689ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d45

Digitally signed 05fe2762ae0b4fc322a2d4fd95b23

034526e05ebd26e38fc,
cn=AMBER SAJID

by Jyoti Date: 2020.05.04 17:19:09 +05'30'

Saravnan
Date:
2020.05.05
19:24:25 +05:30
-Page 10 of 16-
 c) To ensure all essential utilities for proper smooth operations by the
Lessee and desired usage by the Facility Users, including but not
limited to, water supply, electricity, access roads, parking spots,
security, all elements of common area maintenance (CAM) as
captured in clause 4(a)(iv) above.

d) To remedy any structural defects, repair work, seepage, termite

issues, break-down in any element of infrastructure or service,
immediately upon such defect being noticed or brought to its notice
by the Lessee. In the event of such defect not being rectified at the
earliest, the Lessee reserves the right to get it rectified at its own
behest and deduct the charges from the Lessor‟s share and invoice
it to the latter. In extreme circumstances of the Scheduled Units
being rendered unsuitable, in part or full, for usage for the
envisaged purposes due to such continued defects, the Lessee
reserves the right to discontinue the operations for the interim
period.

10. Type of Use:

Lessee shall use the Scheduled Units for the purposes of carrying its
business of providing Long Stay Accommodation Facilities with allied
services like providing food and beverages, laundry services, etc. to
Facility Users.

11. Signage:

a) During the tenure of lease, Lessor shall allow one signage space in
lobby/atrium of Tower A or Tower B of said complex at a mutually
agreed location.

b) In case Lessee needs extra signage(s), parties will explore

possibilities of such signage(s) and if they agree for such additional
signage same shall be provided to Lessee on such terms and
conditions, as may be mutually agreed between the parties.

c) All costs and taxes regarding Lessee‟s signages shall be borne by

Lessee only.

Digitally signed
AMBER
Digitally signed by AMBER SAJID

by Jyoti DN: c=IN, o=Personal,

postalCode=110064, st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6b7
Saravnan 820944e42a9b084f7396ea7518689a

SAJID
e83faa58e627,
serialNumber=a02173f99d3e1d4505
Date: fe2762ae0b4fc322a2d4fd95b230345
26e05ebd26e38fc, cn=AMBER SAJID

2020.05.05 Date: 2020.05.04 17:22:18 +05'30'

19:24:25 +05:30

-Page 11 of 16-
12. Parking:

(a) During the tenure of this lease, Lessor shall provide 1 car park for
every 1250 Square Feet of Super Area of Scheduled Units, without
any extra charges.

(b) In case, Lessee needs extra car parking spaces, Lessor will provide
the same to Lessee subject to availability and payment of then
applicable charges for said purpose. Present car parking space
charges in the said complex is Rs. 2,500/- (Rupees Two Thousand
Five Hundred Only) per car park bay.

13. Lessor’s disclosure about third party rights

Lessor has disclosed that it has allotted most of the scheduled units to
different persons and said allottees have ownership interests in Scheduled
Units. Lessor declares that the concerned allottees of Scheduled Units
have permitted/authorised the Lessor to grant lease of their respective
units to Lessee. Hence Lessor is authorised to execute this deed.

14. Right to sell

During the tenure of this lease, Lessor may sell the ownership rights in
Scheduled Units to any person, subject to the condition that said transfer
shall not affect the rights of Lessee. Also, the change in ownership of the
Lessor, does not affect the rights of the Lessee or prejudice the terms of
this deed in any manner. Similarly, the change in shareholders or
shareholding pattern of the Lessee, does not affect the rights of the Lessor
or prejudice the terms of this deed in any manner.

15. Sub-lease:

Subject to Lessee‟s rights to allow Facility Users to use the Scheduled

Units in accordance with this agreement Lessee shall have no right to
assign this agreement to any third party without Lessor‟s prior written
consent.

Digitally signed
by Jyoti
Saravnan
Date: Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
2020.05.05 2.5.4.20=3c224a9e28e10c24b4b6
b7820944e42a9b084f7396ea7518

19:24:25 +05:30 689ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d45
05fe2762ae0b4fc322a2d4fd95b23
034526e05ebd26e38fc,
cn=AMBER SAJID
Date: 2020.05.04 17:26:03 +05'30'

-Page 12 of 16-
16. Miscellaneous

a) Nothing in this Agreement shall be deemed to constitute

Partnership between the Parties. The relationship between the
parties is that of Lessor and Lessee.

b) All property related Taxes, with respect to the said complex

(including Scheduled Units) shall be borne and paid by Lessor or
its allottees. All Taxes concerning the business of Lessee in
Scheduled Units shall be borne and paid by Lessee.

c) Lessee shall not make any structural alteration in scheduled units.

d) Lessor shall get the structure of the premises insured. Cost of

insurance of structure of premises will not be borne by Lessee.
Lessee shall insure its all its stocks, products, furniture, and shall
also obtain Third Party/Public Liability insurance at Lessee‟s costs.

e) Both parties can use each other‟s logo with express written
permission from either party, clearly specifying the scope of such
usage.

17. Lease Deed and Costs:

Stamp Duty and expenses involved in execution and registration of this

lease deed shall be borne by the parties in equal ratio.

18. Termination:

Notwithstanding anything contained in this deed, parties hereby agree that

the timely payment of rent reserved herein is the essence of the
contract/deed. In case lessee failed to pay the agreed rent or Common
Area Maintenance Charges (subject to provisions contained clauses 3,4,
& 5 above) for three consecutive months, Lessor shall give a 15 days
defect cure notice to Lessee and in case Lessee fails to make the due
payment within the aforesaid notice period, Lessor shall have the right to
terminate this deed.

Digitally signed
by Jyoti Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Saravnan 2.5.4.20=3c224a9e28e10c24b4b6b
7820944e42a9b084f7396ea75186

Date: 89ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d45
05fe2762ae0b4fc322a2d4fd95b23

2020.05.05 034526e05ebd26e38fc, cn=AMBER

SAJID
Date: 2020.05.04 17:30:51 +05'30'

19:24:25 +05:30

-Page 13 of 16-
19. Handing over possession:

In case of dispute between parties and subject to Lock-in-Period having

been expired, Lessee shall have no right to occupy the Unit and Lessee on
demand of Lessor shall vacate the Unit and handover peaceful vacant
possession thereof to Lessor.

19. Arbitration:-

Disputes, if any between parties, will be got decided through the process
of arbitration. Arbitrator shall be appointed by mutual consent of parties.
Arbitration proceedings will be held in English Language. Seat of
Arbitrator and Venue of Arbitration shall be at New Delhi. Courts at
New Delhi alone shall have jurisdiction in respect of matters relating to
arbitration.

IN WITNESS WHEREOF the parties have signed this deed electronically on

the day and place first mentioned above.
Digitally signed
by Jyoti
AMBER
Digitally signed by AMBER SAJID
Saravnan DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Date: 2.5.4.20=3c224a9e28e10c24b4b6b78
20944e42a9b084f7396ea7518689ae8
2020.05.05
SAJID
3faa58e627,
serialNumber=a02173f99d3e1d4505f
19:24:25 +05:30 e2762ae0b4fc322a2d4fd95b2303452
6e05ebd26e38fc, cn=AMBER SAJID
Date: 2020.05.04 14:31:36 +05'30'

(Jyoti Saravnan) (Amber Sajid)

Authorised Signatory Authorised Signatory
Magic Eye Developers Private Limited ZR Management Private Limited
LESSOR LESSEE

-Page 14 of 16-
 Schedule A
Details of Units in commercial complex named „Plaza at 106’ situated at Sector 106,
Gurugram leased by Magic Eye Developers Private Limited to ZR Management Private
Limited

S. UNIT NUMBER FLOOR Tower No. Super Area

NO No.
1 0306 3 Tower B1 700 SQ. Ft.
2 0301 Tower B2 700 SQ. Ft.
3 0305 Tower B2 700 SQ.Ft
4 0403 4 Tower B1 700 SQ. Ft.
5 0402 Tower B1 700 SQ.Ft
6 0405 Tower B1 700 SQ.Ft.
7 0407 Tower B2 700 SQ. Ft.
8 0402 Tower B2 700 SQ. Ft.
9 0506 5 Tower B1 700 SQ. Ft.
10 0506 Tower B2 700 SQ. Ft.
11 0601 6 Tower B2 700 SQ. Ft.
12 0702 7 Tower B2 700 SQ. Ft.
13 0701 Tower B2 700 SQ. Ft.
14 0703 Tower B2 700 SQ. Ft.
15 0707 Tower B2 700 SQ. Ft.
16 0801 8 Tower B2 700 SQ. Ft.
17 0808 Tower B2 700 SQ. Ft.
18 0901 9 Tower B1 700 SQ. Ft.
19 0902 Tower B1 700 SQ. Ft.
20 0908 Tower B2 700 SQ. Ft.
21 1005 10 Tower B2 700 SQ. Ft.
22 1006 Tower B2 700 SQ. Ft.
23 1106 11 Tower B1 700 SQ. Ft.
24 1201 12 Tower B1 700 SQ. Ft.
25 1408 14 Tower B2 700 SQ. Ft.
26 1501 15 Tower B1 700 SQ. Ft.
27 1504 Tower B2 700 SQ. Ft.
28 1510 Tower B2 700 SQ. Ft.
29 1501 Tower B2 700 SQ. Ft.
30 1604 16 Tower B1 700 SQ. Ft.
31 1603 Tower B1 700 SQ. Ft.
32 1601 Tower B1 700 SQ. Ft.
33 1606 Tower B1 700 SQ. Ft.
34 1605 Tower B1 700 SQ. Ft.
35 1610 Tower B2 700 SQ. Ft.
36 1705 17 Tower B1 700 SQ. Ft.
37 1701 Tower B2 700 SQ. Ft.
38 1704 Tower B2 700 SQ. Ft.
39 1804 18 Tower B2 700 SQ. Ft.
40 2201 22 Tower B2 700 SQ. Ft.

Digitally signed
by Jyoti
Saravnan AMBER Digitally signed by AMBER SAJID
DN: c=IN, o=Personal, postalCode=110064,
st=Delhi,
2.5.4.20=3c224a9e28e10c24b4b6b7820944
e42a9b084f7396ea7518689ae83faa58e627,

SAJID
serialNumber=a02173f99d3e1d4505fe2762

Date: ae0b4fc322a2d4fd95b23034526e05ebd26e
38fc, cn=AMBER SAJID
Date: 2020.05.04 17:34:37 +05'30'

2020.05.05
19:24:25 +05:30

-Page 15 of 16-
 Schedule B

A. Living Room

1. 1.5 Ton (3 Star Hiitachi AC with Remote)

2. Distribution Box - 4 Way with 1 incomer 40A & 10 MCB

B. Bedroom

1. 1 Ton (3 Star Hitachi) AC with remote

2. Wooden Flooring

C. Pantry

1. Sink mixer along with Sink

2. Kitchen wooden units

D. Washroom

1. Wash Basin with basin mixer

2. W/C
3. Mixer with overhead shower

E. Balcony

1. 2 Light Ceiling fixture

F. Basic electrical fittings

1. Tube lights, ceiling fans and power points, as appropriate

Digitally signed
by Jyoti
Saravnan AMBE
Digitally signed by AMBER
SAJID
DN: c=IN, o=Personal,
Date: postalCode=110064, st=Delhi,

R
2.5.4.20=3c224a9e28e10c24b4
b6b7820944e42a9b084f7396ea
2020.05.05 7518689ae83faa58e627,
serialNumber=a02173f99d3e1d

19:24:25 +05:30 4505fe2762ae0b4fc322a2d4fd9

SAJID
5b23034526e05ebd26e38fc,
cn=AMBER SAJID
Date: 2020.05.04 17:38:25
+05'30'

-Page 16 of 16-
 MAGIC EYE DEVELOPERS PRIVATE LIMITED

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF

BOARD OF DIRECTORS OF MIS MAGIC EYE DEVELOPERS PRIVATE LIMITED
HELD ON 29TH DAY OF AUGUST, 2014 AT THE REGISTERED OFFICE OF THE
COMPANY AT 8/33, 3RD FLOOR, SATBHRAVA SCHOOL MARG,WEA KAROL
BAGH NEW DELHI-110005

AUTHORIZATION FOR SIGNING OF ALL CLIENT RELATED DOCUMENTS

RELATED TO THE PROJECT

The Chairman apprised the Board that Mis Spire Developers Private Limited (CIN-
U70102DL2007PTC161848) has been amalgamated with the Company pursuant to the Hon'
ble Delhi High, Court Order dated 21.07.2014. The Chairman further apprised the Board that
after amalgamation of SDPL with the Company, the company is required to authorise officials
for signing and executing all client related documents, including agreements, documents,
0 deeds related to the Company's Project situated at Sector 106, Gurgaon, Haryana and further
suggested to authorize Mr. Brig (Retd.) B.S.Dadwal and Ms. Jyoti Saravnan for the aforesaid
purpose. The Board discussed the same and passed the following resolution to the effect:

"RESOLVED THAT consent of the Board be and is hereby accorded to severally authorize
Brig (Retd) B. S. Dadwal and Ms. Jyoti Saravnan to act on/sign/execute all Client related
documents/correspondence including Receipts, Demand Letters etc. application form/forms,
Agreements, Deeds, Documents, Papers etc. in relation to the Company's Project situated at
Sector 106, Gurgaon, Haryana.

Certified copy to be true

For Magic Eye Developers Private Limited

0 Ravinder Kumar Shukla

Director
NHQ 7, Safdarjung Hospital,
New Delhi-110029
Digitally signed
DIN: 01805962
AMBER
by Jyoti Digitally signed by AMBER SAJID
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Saravnan 2.5.4.20=3c224a9e28e10c24b4b6b7820
944e42a9b084f7396ea7518689ae83faa
Date:
SAJID
58e627,
serialNumber=a02173f99d3e1d4505fe2

2020.05.05 762ae0b4fc322a2d4fd95b23034526e05
ebd26e38fc, cn=AMBER SAJID
Date: 2020.05.04 18:07:19 +05'30'
19:24:25 +05:30

Registered office: 8/33, 3rd Floor, Satbharva School Marg, WEA Karol Bagh, New Delhi
Email: compliance@viridian.co.in
CIN: U45400DL2007PTC162243: T: (+91) 11-42773662
Digitally signed
by Jyoti
Saravnan Digitally signed by AMBER SAJID

AMBER
DN: c=IN, o=Personal,
postalCode=110064, st=Delhi,
Date: 2.5.4.20=3c224a9e28e10c24b4b6b7
820944e42a9b084f7396ea7518689a

2020.05.05 e83faa58e627,

SAJID
serialNumber=a02173f99d3e1d450
5fe2762ae0b4fc322a2d4fd95b2303
19:24:25 +05:30 4526e05ebd26e38fc, cn=AMBER
SAJID
Date: 2020.05.04 18:13:19 +05'30'