W 437464 This Land Services Agreement(“Agreement”) is made on 16” May 2022 (“Execution Date”) at Gurugram, ‘BY AND BETWEEN: JSIB Construction, a proprietorship firm acting through its sole proprietor Mr. Tara Chand S/o. Lila Ram, having its office at Kalyanpura Khurd, Kotputi, Jaipur, Rajasthan- 302004, hereinafter referred as “nagregator”, (which expression shal, unless repugnant to the context or meaning thereof, mean and include its successors in interest and permitted assigns) as part ofthe FIRST PARTY; AND ‘unsure Solarpark One Private Limited, a company duly incorporated under the Companies Act, 2013, [U74999UP2020PTC134049, having its registered office at $0SA-50SD, 506A-S06B, Tower-A, Unitech Business Park, Sector-41, Gurgaon, Haryana, india-122003 and Corporate Office at 205, Vipul Plaza, Suncity, Sector 54, Gurugram, Haryana 122011 acting through its authorised signatory, hereinafter referred as “Company’, (which expression shall, unless repugnant to the context or meaning thereof ‘mean and include its nominee, successors in interest and assigns) as part of the SECOND PARTY. ‘Aggregator and the Company shall hereinafter be individually referred to as a “Party” and collectively asthe "Parties" RECITALS: (A) The Company is engaged in the business of development of renewable power projects across india and specializes in the development of solar power plants. The Company intends to develop and set up a 300 MW (AC Capacity) Solar or Solar Wind Hybrid project (“Project”) at Pushad and CChakgunga Village, Tehsil ~ Shiv, Barmer district, Rajasthan (“Project Site”). In this regard, the Company has approached Aggregator and conveyed its intention of Leasing the land parcels (as. specified in Annexure -!) on its own name or on name ofits nominee. J8JB Construction Proprietor(8) Aggregator is engaged in the business of inter-afia facilitating procurement of land in addition to arrangement of required Consents and Approvals for the purposes of setting up of the Project. (0) Aggregator has represented to the Company that it has the authority and the capability to effectuate such transactions as may be required to facilitate the lease of a contiguous land parcel admeasuring 1000 (Thousand) acres located at Pushad and Chakgunga Village, Tehsil ~ Shiv, Barmer district, Rajasthan; referred to as “Parcel” to the Company from the respective land ‘owners, in the manner as contemplated herein. The Aggregator has also represented that it has the requisite expertise, experience, resources and manpower to fulfil its obligations towards development of the Project for the Company to the extent detailed in this Agreement. The details of the Parcel including the layout on the map are enclosed as Annexure-t hereto, (0) The Company is desirous of procuring approximately 525 acres land for Phase-| and another 475 acres land for Phase-ll, total land area admeasuring 1000 Acres ("Parcel") contiguous land on Lease basis. As mutually agreed between the Parties, the Company is planning to acquire Phase-I land of 525 acres on priority basis to block evacuation for 300 MW. In case, evacuation is granted to the Company, then the Company may proceed with the acquisition of Phase-lI land or the ‘company may cancel the further acquisition plan of Phase-iI land, without giving any intimation to the Aggregator. if the Company cancels further acquisition plan of phase ll, then this agreement shall be treated only for acquisition of Phase-t land of 525 acres and the Aggregator shall be entitled to Payment corresponding to Milestone -7 ("Lease Deed of 525 Acres Contiguous Land Parcel") of Annexure -Il (MILESTONES AND PAYMENT), (€) The Aggregator shall not procure any land parcels owned or possessed by members of SC/ST and/or the Government Land in the aforementioned village for the purpose of setting up the Project, which is more specifically described in Annexure-I and pathways to the land parcels from the nearest national highway. However, if any land parcel belonging to SC/ST and/or Government land comes between the said contiguous Parcel of approximately 1000 Acres, then in that event it shall be absolute responsibility of the Aggregator to procure/ convert such lands as per the laws ‘of Government of Rajasthan without seeking any extra cost/ resources from the Company other than as agreed herein (F) As regards the transactions contemplated above, the Parties have set out their entire understanding in terms of this Agreement. NOW IT IS HEREBY AGREEDBY THE PARTIESAS FOLLOWS: 1. DEFINITIONS AND INTERPRETATION 11. Definitions 1.1.1, “Arbitration Act” shall have its meaning under Clause 15.2.1; 1.1.2. “Affiliate” means in relation to any Party, a Person that controls, is controlled by, or is under ‘common control with such Party. As used in this definition the term “contro!” means, with respect to a Person that is a legal entity, the ownership, directly or indirectly, of more than 26% (twenty six percent) of the equity shares of such Person; 1.1.3. “Applicable Law” shall mean any statute, ordinance, order, judgement, code, law, decree, circular, rule, by-law or regulation or policy change by any Competent Authority, including any local laws prevalent in the state having jurisdiction over the subject matter of this Agreement for the time being in force; “Agreement to Lease” shall mean agreement tolease for a period of 30 years, have its meaning inder clause 3.2 hereto; J8JB ct Page 2 of 31 Constructi Proprietor115. 116. are 118. 119. 1.110. LAL. 11.12 1.113. 1.1.14. 11s. L116. aaa. 11.18, 11.19, 1.120. 12 121. “Service Charges” shall have its meaning under Clause 5.1.1 hereto; “Competent Authority’ means any Indian national, state, local, regional, territorial or municipal government or quasi-government, ministry, governmental department, commission, board, bureau, agency, instrumentality, executive, legislative, judicial, regulatory Cr administrative body (including registrars, tehsldar, sub-registrars etc.) having or purporting to have jurisdiction over any matter arising from or in connection with this Agreement; “Consents and Approvals” shall mean the respective consents and approvals as per the Applicable Law as set out under Annexure Il hereto, to be obtained by the Aggregator as per the terms hereof; “Indemnified Party’ shall have its meaning under Clause 17.1; “Indemnifying Party” shall have its meaning under Clause 17.1; “Land DDR” shall have its meaning under Clause 4.1.1; “"Nominee” shall mean any entity duly nominated by the Company ; “Lease Deeds” shall mean registered lease deed for a period of 30 years, have its meaning, under Clause 3.3; “Parcel” shall have its meaning under the recitals to this Agreement; "Performance Securities” shall mean Performance Bank Guarantee; “Person” shall mean any natural person, corporation, company, partnership (general or limited), limited liability company, business trust, Government Authority, or other entity or association; “Project” shall have its meaning under the Recitals; “Project Site” shall have its meaning under Recitals; "ROW’ shall mean right of way; “Land Owners” shall mean all the legal owners of the Parcel “Term” shall have its meaning under Clause 6; and Interpretation Reference to the singular shall include reference to the plural and vice-versa and a reference ‘to any gender shall include a reference to the other gender, except where the context otherwise requires. ‘The headings and marginal notes in this Agreement are including for each and of reference, and shall not affect the meaning or the interpretation of this Agreement. ‘The Schedules and Annexures to this Agreement form part of this Agreement and will be of full force and effect. The provisions of this Agreement and the Schedules and Annexures hereto shall be interpreted harmoniously. JSJB Construction BIH Proprietor Page 3 of 31123. 125. 1.26. 128. 129. 1210. 1241. 1.2.12. 21. 22. 23, 2.4, 25. Unless the context otherwise requires, a reference to any Clause, Recital, Schedule, Annexure shall be to a Clause, Recital, Schedule, Annexure of this Agreement respectively. Reference to any law or regulation have force of law includes a reference to that law or regulation, as from time to time, amended, modified, supplemented, extended or re-enacted. Reference to time shall, except where the context otherwise requires, be construed as a reference to Indian Standard Time. Any reference to calendar shall be construed as reference tothe Gregorian calendar. ‘The world “include” or “including” shall be deemed to be followed by “without limitation” or “put not limited to” whether or not they are followed by such phrases. Unless the context otherwise requires, any period of time referred to shall be deemed to ‘express at the end of the last date of such period. Incase of any discrepancy between words and figures, the words shall prevail over the figures. ‘The preamble and the recitals shall form integral part of this Agreement. Whenever provision is made for the giving of notice, approval or consent by any Person, unless otherwise specified, such notice, approval or consent shall be in writing and the words “notify” and “approve” shall be construed accordingly. Provisions including the word “agree”, “agreed”, “Agreement” require the Agreement to be recorded in writing. The terms “written” or in writing mean hand-written, type-written, printed or electronically made, and resulting in a permanent record. SCOPE ‘The Aggregator has, in terms of this Agreement, agreed to make available to the Company or its nominee, contiguous Parcel admeasuring 1000 (Thousand) acres located at Pushad and CChakgunga Village, Tehsil ~ Shiv, Barmer district, Rajasthan, referred to as “Parcel” on Long term lease of 30 years as per agreed Service Charges, timelines and in accordance with the ‘other terms and conditions set out herein; and in complete observance of the Applicable Laws including the local laws applicable in the state of Rajasthan. ‘The Parcel identified (Annexure-!) is Final and shall be zero deviation in the boundaries, as the project is conceptualized and designed based on details contained in Annexure -1 The Parcel must get connectivity with BT Road. Further, the Aggregator shall provide 2 Unrestricted access/ Right of Way of adequate width for the purposes of ingress and egress of 40’ container trailers to and from the Project Site The detailed scope of work of Aggregator is mentioned in Annexure I. All Expenses (apart from Statutary charges/Fee applicable on company) corresponding to scope of work mentioned in Annexure: II shall be borne solely by Aggregator. OBLIGATIONS OF THE AGGREGATOR Subject to the terms and conditions herein and for the Service Charges to be paid under this, ‘Agreement and mutual covenants herein contained and to be observed and performed on the partof the Parties, the Aggregator shall perform the following obligations within the stipulated Page 4 of 31 J8JB Const of meatime in respect thereof, unless specified otherwise under this Agreement, at its own cost: 3.1, Procurement of Parcel 3.1.1, The Aggregator shall facilitate lease of the Parcel agreed to be taken by the Company either in the name of Company and/or its nominees, and shall ensure two unrestricted and unencumbered rights and access to the Parcel. The Aggregator shall further ensure to aggregate the Land Parcels on lease basis by facilitating in the execution and registration of ‘the lease deed with the Land Owners in accordance with applicable law. The Company shall not accept lease deed of un-partitioned land. The Aggregator shall ensure unrestricted roads for clear access to the site excluding the BT Road. 3.12. Inthe event execution of a Lease deeds are not possible in relation to certain land parcels which may be required for pathways, the Aggregator shall procure such Land Parcels (required for pathways) by facilitating in execution and registration ofa legally binding agreement for perpetual Easementary rights over the said Land Parcels (hereinafter referred to as "Perpetual Easementary Agreement"). All the cost and expenses in this regard shall be borne by the ‘Aggregator. The Aggregator shal also ensure that unrestricted and unencumbered access to such Land Parcels always remains with the Company for such period as agreed in Perpetual Easementary Agreement. For the purpose of this clause, perpetual easementary rights shall ‘mean the unhindered and unrestricted right to use the Land Parcels for the Project. For the avoidance of doubt, the Aggregator shall procure and provide no objection certificates even (NOC) from all such private parties who have direct or indirect interest in the above said land parcels and/or are not partes to the said Agreement for using the path ways necessary for approaching the other Land Parcels. Such NOC shall entitle the Company and/or its ‘nominees/customers to use such path ways and also make necessary modifications required for transportation of equipment required for the Project for 25/30 years at actual cost for NOC and its related activity 3.13. The Parties agree that the Aggregator has to provide to the Company and /or its nominees/customers the Land Parcels with clear marketable title, physical and lawful possession free from all types of encumbrances and charges. The Aggregator shall ensure that ‘the Land Parcels are available to the Company without any physical or legal hindrance and the Company is provided a peaceful environment for the implementation of the Project. 3.1.4, The Aggregator shall ensure that the Parcel made available to the Company is fit for the purpose of the Project and provide a confirmation that, as on the date of this Agreement, the Parcel is owned by the named landowners and that the same is free from all ‘encumbrances/lien/charges. 3.1.5. _ The Aggregator shall ensure that al the consenting parties provide consent to the registration ‘of lease deeds in relation to the Land Parcels. if during the process of registration of lease deeds itis found that any Land Parcel is owned by persons who have either not joined to lease the property or their existence was not shared with the Company, the Company shall withhold the payment of the said parcel of land till the time all the owners do not join in execution of the lease deeds or such necessary documents as provided by the Company are executed/registered by said such parties who have not consented as aforesaid. 3.1.6. The Aggregator shall be responsible for clearing all the Right of Way (ROW) issues and shall ensure that land should be free from any issues whatsoever. The Parcel must get connectivity with BT Road. Further, the aggregator shall provide two unrestricted access/ Right of Way of motorable road of adequate width for the purposes of ingress and egress of 40° container ‘tailers to and from the Project Site. In case the Land is not contiguous or road is not available for reaching to the project site damages will be recovered from the Aggregator by the Company. = J8JB Construction ; -} Page $ of 31 aN Proprietor EE347. 3.18. 3.1.10. 32. Bai 32.2. 3.23. 324, 325. 326. 3.27. ‘The Aggregator has agreed to provide all the mortgage details including Mortgage Deed/letters from respective banks and shall facilitate in submitting NOCs from the Bank for clearance of Mortgage of the Land Owners before the execution and registration of Lease/Sale Deed. ‘The Aggregator agrees to get primary survey demarcation through government surveyor for the entire Land Parcels prior to the execution and registration of Lease Deeds. Itis specifically decided that the Company shall only take such Land parcels on lease which are partitioned or in which there is no issue regarding possession among shareholders. The Aggregator shall ensure that Farmers/ Land Owners has not given/ taken any easement/ access from their land to adjoining land owners before entering into Lease Deed. The Aggregator shall ensure to submit all KYC documents (AADHAR, PAN Card, Bank details or any other Identification proof) of the Land Owners/Farmers as requisitioned by the Company. ‘The Aggregator shall ensure and undertakes to get the transmission lines passing through the Parcel removed at its own cost and expense within 3 months of execution of Any applicable government fees and charges shall be borne by the Company. Execution of Agreement to Lease(ATL) The format of Agreement to Lease shall be provided by the Company to the Aggregator. The ATL shall be signed as per the format provided by the company. ‘The Agreement to Lease corresponding to the complete parcel shall be executed in name of ‘the Aggregator only. ‘The Aggregator shall pay 10% of the first year rent as advance at the time of Agreement to Lease. The payment shall be made directly to the Land owners by the company in form of ‘either Cheque/Bank Draft/NEFT/RTGS . The rest amount shall be paid to the owners at the time of Lease Deed. All statutory fees/government fees at the time of Agreement to Lease shall be borne by the Aggregator. All Agreement to Lease(ATL) corresponding to the complete Parcel (1000 acre) shall be completed within 30 days of signing this agreement. All ATL to be executed in presence of company representative. Atleast 2 Photos and 1 Video containing all the signatories along with witness at the time of execution of ATL shall be maintained and shared by aggregator with the company ‘The ATL shall have following documents attached to it. Self-Attested Copy of PAN Card Self-Attested Copy of Aadhaar Card Certified copy of Jamabandi establishing the ownership Certified copy of Village Map containing the Parcel Consent Letter from all the legal heirs (in case they are not the signatory to ATL) ‘On completion of ATL corresponding to the complete land parcel. The Aggregator shall provide following document for the complete parcel to the company a. Notarised copy of ATL bb. Receiving of Cheque/RTGS/NEFT ©. Bank Statement showing advance amount deduction d. Any other document as required per the law or request by the company ‘Aggregator warrants that the Parcel has clear titles and is free of any defects. In case, any defect is found it will be duly communicated by the company to the aggregator immediately Page 6 of 31 J8JB Construction a gy Proprietor3.29. 33. 331. 332 333. 334 335. 336. after Land DDR. It is aggregator’s responsibility to cure the defect without compromising on timelines mentioned in Annexure lil. However, if the defect is not curable, then it shall be deemed to be Aggregators’ default and provisions under Clause 26.2 shall be followed, ‘Aggregator shall ensure that any part of the Parcel does not suffer from any infirmity imposed under any law either for the time being enforced in the State of Rajasthan or the Central Laws. Execution of Registered Lease Deed ‘The Company is desirous of procuring approximately 525 acres land for Phase-1 and another 475 acres land for Phase-ll, total land area ad measuring 1000 Acres ("Parcel") contiguous land ‘on Lease basis. Lease shalll be for a period of 30 years. As mutually agreed between the Parties, the Company is planning to acquire Phase-| land of 525 acres on priority basis to block ‘evacuation for 300 MW. In case, evacuation is granted to the Company, then the Company may proceed with the acquisition of phase 2 land or the company may cancel the further acquisition plan of Phase-lI land, without giving any intimation to the Aggregator. If the ‘Company cancels further acquisition plan of Phase-l, then this agreement shall be treated only for acquisition of Phase-| land parcel of $25 acres and the Aggregator shall be entitled to Payment corresponding to Milestone -7 ("Lease Deed of 525 Acres Contiguous Land Parcel”) of Annexure -Ill (MILESTONE AND PAYMENT). Phase -(525 Acres) In this regard, within 60 (Sixty) days from Notice to Proceed for Phase - Land Acquisition, the ‘Aggregator shall facilitate and ensure the execution of registered Lease deeds among the ‘owners of the respective Parcel and the Company ("Lease Deeds”). Phase -l (475 Acres) In this regan, within 45 (Forty-Five) days from Notice to Proceed for Phase -lI Land Acquisition, the Aggregatge shall facilitate and ensure the execution of registered Lease deeds among the ‘owners of the respective Parcel and the Company ("Lease Deeds”). ‘The format of Lease Deed shall be provided by the company to the Aggregator. Lease Rent up to Rs. 25000 per acre (Rs. Twenty-Five Thousand Per Acre Only) with escalation of 5% after every 3 years on basic rent as Lease rent via demand draft in the name of Land ‘owners for execution of Lease deed in the name of company up to 1000 Acres of land on proportionate basis. It is hereby mutually agreed between the parties that the Rent and all statutory fees shall be first paid by Aggregator to the Land owner on behalf of the Company from its own funds at the time of registration of Lease Deed in favour of the Company or its nominee. The Company shall reimburse the same to the Aggregator on completion of Milestone -7 ("Lease Deed of 525 Acres Contiguous Land Parcel”) and Milestone -9 ("Lease Deed of 475 Acres Contiguous Land Parcel”) of Annexure -Ill (MILESTONE AND PAYMENT) ‘Aggregator shall ensure that Land owners shall clear all their encumbrances including limits, Loans, liens etc related to the parcel at their own cost before the execution of the lease deed Any liability, arising out of change in agreed terms, at the time of Lease deed shall be borne by the Aggregator. Notwithstanding anything under this agreement if Aggregator fails to execute Lease deeds for the lands in the “Parcel” as mention is Annexure-t in favour of Company as per the timeline provided in Clause 6 then it shall be deemed to be Aggregators’ default and provisions under Clause 16.2 shall be followed. Page 7 of 31 4J8JB Construction Proprietor3.3.7. The details of payments to be made to the land owner and aggregator by the company or its ‘nominee are mentioned in Annexure Il. 3.4. Arrangement of Documents 3.4.1. The Aggregator agrees to furnish to the Company: (a) all documents (such as PAN number, Aadhar number, and other documents comprising identification and other reasonable personal information) required for the purposes of a KYC verification of all the owners of Parcel (as applicable), simultaneous to the release of the advance Amount to the land owners by the aggregator (b) The proof of advances given to the Land Owner ~ Bank Statement of the account from which payment are made to land owners. {c) consent letters/ATL and other such documents from all owners of the Parcel, as may be required. 3.4.2. Within 30 days of this Agreement, the Aggregator shall furnish to (and to the satisfaction of) the Company all documents required by the Company to establish a clear and marketable ttle of the respective owners of the Parcel by way of conducting the Land DDRs in accordance with Clause 4.1, including inter aia all the revenue record documents for the past 30 (thirty) years in relation to the Parcel. An indicative list of such documents is set out under Annexure IV hereto. 3.43. The Aggregator hereby agrees that it shall continuously co-operate with the Company throughout the due diligence/Land DDR processes set out herein to be carried out by the Company, and shall promptly provide all the requisitioned documents as required by the Company, without any delay or demur. 3.5. Consents and Approvals 35.1, The Aggregator shall arrange all the Consents and Approvals as set out under Annexure It in order to meet the timeline for execution of Lease deed. 3.5.2. Aspart ofits aforesaid obligation, the Aggregator shall, for the purposes of Lease of Parcel and for setting up of the Project on the Parcel by the Company, arrange for obtaining of all necessary consents and approvals and/or No objections including from Village Panchayats for setting up solar power plants. In this regard, Aggregator shall ensure that all the legal and procedural requirements as per the relevant Applicable Laws and land laws have been complied with by the Company. Aggregator shall be reimbursed for the statutory/government fee applicable on the company, upon submitting supporting documents explaining such claim, including all fees, costs and charges of statutory/government nature. 3.6. Right of Way 3.6.1, The Parcel must get connectivity with BT Road. Further, the aggregator shall provide 2 unrestricted access/ Right of Way of motorable road of adequate width for the purposes of ingress and egress of 40° container trailers to and from the Project Site 3.7, Land Schedule and Revenue Documents 3.7.1. Within 0 (Thirty) days from this Agreement, the Aggregator shall provide the complete land schedule for the Parcel with revenue documents certified by the Competent Authorities pertaining to the Parcel, including but not limited to ‘jamabandi’, ‘khasra’, ‘khatauni’ (or a es JBIB Construction Page 8 of Ue Proprietor372. 38 38.1. 382. 44. 444. 4121. 4422. document of like nature and legitimacy under the Applicable Laws) and certified copy of the village revenue map to prove the current ownership of the existing owners to the Parcel. In this regard, the lands comprised in the Parcel which are not transferred to the current successor as on date, along with the details of such current successor and govt. land shall be Identified and set out by the Aggregator, in the inital land schedule as aforesaid. Land Clearing and Boundary marking, ‘The Aggregator shall be responsible for proper cleaning of the Parcel of any trees, super structures etc. Further, the Aggregator shall be responsible for seeking necessary permission for cutting/felling trees from the competent authority as per the provisions of Uttar Pradesh Protection of Trees Act, 1976 as amended and all other laws as applicable The Aggregator shall also ensure that the Parcel is demarcated by competent Authorities and cornerstones demarcating the Parcel from adjacent lands are erected. OBLIGATIONS OF THE COMPANY The Company shall perform the following obligations: Due Diligence over the Parcel ‘The Company shall endeavour to complete the legal due diligence over the Parcel, by appointing a legal counsel of its choice; and shall share the due diligence reports ("Land DDR”) within a period of 30 days from the date of submission of all the relevant documents to its satisfaction by the Aggregator, as set out under Clause 3.7 above. Land DDR shall be based on last 30 year documents. Notwithstanding anything contained herein, existence of a clear and marketable title to the Parcel by way of a title due diligence, to the satisfaction of the Company, shalll be an obligation ‘on part of the Aggregator. In the event itis established by way of the Land DDR by the Company that the title of the Parcel is not clear and/or marketable, then it shall be deemed to be ‘Aggregators’ default and provisions under Clause 16.2 shall be followed. The Aggregator shall not be entitled to claim any amounts/other receivables from the Company whether under this, ‘Agreement (including the Service Charges) or under the Applicable Law Termination for Ds ‘The Company shall be entitled to terminate this Agreement in the event that the title to the Parcel of the respective owners thereof's established to be unclear and/or unmarketable basis, ‘the Land OOR{s). In this regard, the Company shall be the sole authority to determine the clearance/defect in the title to the Parcel and the Aggregator hereby waives the right to dispute the same, whether under this Agreement or otherwise under the Applicable Laws. Provided, the Company may waive its right to terminate this Agreement, at its sole discretion, in the event that the Aggregator can establish that it can rectify the defects in the title to the Parcel or make alternate arrangements as regards fulfilment of its obligations under this ‘Agreement, to the satisfaction of the Company, within a period of 15 (fifteen) days from the date when a notice in this regard has been furnished upon the Aggregator by the Company. In the event of termination of this Agreement in the manner as aforesaid, the Company shall bbe entitled to a refund of all the monies paid to the Land owners and Aggregator till such date, ‘along with an interest of 2% (two percent) compounded monthly. In furtherance of the aforesaid right of the Company, it shall be entitled to encash the Performance Security to realize the amounts due from the Aggregator. Page 9 of 31 J8JB Constru Proprietora2. 424. 422. 5. sa. Sat. 5.1.2. 513. 52. 5.24. Execution of the ATL and the Lease Deeds Subject to strict and complete fulfilment by the Aggregator of its obligations under Clauses 3.1, 3.2, 33, 3.4, 35, 3.6 and 3.7 above, including its other relevant and material obligations under this Agreement, the Company or its nominee shall execute the ATL and the Lease Deeds, in observance of the timelines specified in this regard for compliance by the Aggregator; and shall provide all reasonable cooperation to the Aggregator in this regard. The aggregator shall ‘ensure that a notice for the lease of the land is published in a regional newspaper in Hindi and. English before Final Registered Lease Deeds. The expense for the same shall be reimbursed by the company Notwithstanding the above, except on account of any reasons solely attributable to the ‘Company, the obligation to ensure execution of the ATL and the Lease Deed shall remain with the Aggregator. SERVICE CHARGES AND PERFORMANCE SECURITY Service Charges In consideration of Aggregator performing its obligations in terms of this Agreement, the Company shall pay to Aggregator an amount of Rupees Forty Three Thousand all inclusive per acre ie Rs 43,000 per Acre ("Service Charges”). The Service charge(Rs 43,000 per Acre) is inclusive of GST. All expenses associated with Documentation, Establishing Clear Titles of the Land Parcel, Bank NOC, Panchayat NOC, Demarcation, Mutation/Entry of lease deed in Land revenue recordstif applicable as per UP land laws) or any work as defined in detailed scope of work ~ Annexure I to be borne by Aggregator. The Statutary Charges at the time of lease deed ~ Stamp Duty, Registration charges, Newspaper Notification Charges or any other Statutary Charge/Fee applicable on the company shall be borne by the company) The payment to the Aggregator shall be done as per Annexure Il. However, the Company shall bee entitled to deduct tax deducted at source (TDS) from such payments as may be required in accordance with Applicable Law for which necessary certificate shall be issued by the Company. Performance Security Land Aggregator shall provide Bank Guarantee for all the payments made by company to the land aggregator till the Execution of Lease Deed of the completed Parcel ‘TERM AND TIMELINES ‘This Agreement shall become effective from the date of its execution by the Parties ("Effective Date") and, unless mutually extended by the Parties, shall be valid for a period of 11 months from the Effective Date or for such period as may be mutually agreed between the Parties ‘Time for various activities under this Agreement is of essence. Although the Parties shall ‘endeavour to complete activities at the earliest, limiting time lines for various activities under this Agreement shall be as mentioned in Annexure Ill, subject to any extension as may be ‘mutually agreed upon between the Parties in writing (“Term”). Page 10 of. §8IB Construction GIA ProprietorTA. ae 9 9. 94. 9.2. 914. It is irrevocably agreed by the Aggregator that on account of whatsoever reasons, if the ‘Aggregator is unable to get the Lease Deed registered and mutation recorded as per the timelines mentioned in Annexure Ill, and if there is delay of a single day from the agreed ‘completion of assignment, then the Company shall. be empowered to impose penalty of Rs. 10,000/-per acre over the entire extent of the land agreed to be procured herein, without any recourse to the Aggregator. For the avoidance of doubt, this Agreement may be terminated at any time by mutual agreement between the parties or at the discretion of the Company provided that all payments including compensation, if any, accruing prior to termination of this Agreement shall ‘be made forthwith by the relevant Party. LOCK-IN PERIOD ‘The Aggregator acknowledges that the process of setting up of the Project may take many ‘months to conclude and accordingly agrees to treat the Term of this Agreement as the lock in period ("Lock-in Period"). The Aggregator shall ensure that the owners of the Land Parcels do not lease/sell their share in the Land Parcels, approved for the purpose of the Project, during the Lock-in Period to any other party and the same are always available to the Company for procurement during the Lock-in Period. However, in concurrence with Company the defined activity can be performed. EXTENSION OF TIME In the event of failure of the Aggregator to meet the timelines as agreed among the Parties and as set out herein, the Company may, at its discretion, modify or extend the time for ‘completion of such obligations. Notwithstanding the aforesaid, the Company reserves the Tight to categorize the Aggregators failure in this regard as an event of default and provisions ‘under Clause 16.2 shall be followed. [REPRESENTATION AND WARRANTIES Each Party represents and warrants to the other Party, on the Execution Date and throughout the Term, that: such Party has full legal capacity to enter into this Agreement and to perform its obligations under each of them and has taken all actions necessary to authorise such execution and delivery and the performance of such obligations; this Agreement has been duly executed and delivered by such Party, and constitutes a legal, valid and binding obligation of such Party, enforceable against such Party in accordance with the terms of this Agreement; such Party has passed all necessary resolutions at the meeting of its board of directors and shareholders (if applicable) meeting and is duly authorised to negotiate, finalise and execute this Agreement, carry out all transactions and actions contemplated under this Agreement and do all necessary acts incidental to this Agreement; that to the best of their knowledge, there is no effective temporary restraining order, preliminary or permanent injunction or orders issued by any Competent Authority: Page 11 of 31915. 916. 917. 9.1.8. 10. 10.1. involving any challenge to, or seeking damages or other relief in connection with, any of the transactions contemplated by this Agreement; or that may have the effect of preventing, making illegal, or otherwise interfering with any of the transactions contemplated by this Agreement. the execution and delivery of this Agreement by such Party and the performance of the obligations of such Party under this Agreement does not and shall not: (a) conflict with or violate any of the provision of such Party's constitutional documents; (b) require any filing with, or permission, authorisation, consent or approval of, any ‘Competent Authority; (©) conflict with, result in breach of, constitute (with or without due notice or lapse of time or both) a default under, result in the acceleration of obligations under, create in favour of any Party, any right to terminate, modify or cancel, or require any notice, consent or waiver under, any contract or instrument to which such Party is party or by which itis bound; or (4) violate, conflict with or constitute a default under any Applicable Law; and notwithstanding anything to the contrary contained herein, the Aggregator specifically represents and warrants to the Company that: (a) the title of the Parcel is clear, valid and marketable and without claims or legal disputes } and the same has been ascertained by Aggregator; {b) in case of any existing claims or legal disputes on the Parcel, the same shall be cleared for the completion of the Land DORs; and. {c)__ the above representations and warranties are, on the date of execution of this ‘Agreement, true, accurate and not misleading. NOTICES Any notice to be given under this Agreement shall be in writing and must be delivered or sent by registered post or courier to the Party to whom itis to be given at its address appearing in this Agreement as follows: To the Aggregator at: To the Company at: Kind Attention: Mr. Tara Chand Kind Attn: Manish Mehta JSIB Construction, Kalyanpura Khurd, | Sunsure Energy Pvt. Ltd. 506, 506 A, Kotputl Jaipur, Rajasthan- 302004 | Tower-B, Millenium Plaza Sector 27, 9414314040 Gurugram, 122002 E :rameshkasana4S@gmail.com 9911162339 E: manish, mehta@sunsure in ‘or at any such other address of which it shall have given notice for this purpose to the other Party under this Clause 10. Any notice or other communication sent by post shall be sent by registered post-delivery acknowledged or courier. ‘Any notice or other communication shall be deemed to have been given if delivered, on the date of such delivery or if sent by post/courier, on the fourth day after it was put into the post/courier. a Page 12 of 31 J8JB Construction Proptietor103. _ In proving the giving of a notice or other communication, it shall be sufficient to prove that delivery was made or that the envelope containing the communication was addressed as per Clause 10.1 and posted/dispatched by registered post-delivery acknowledged or courier as the ‘case may be. 10.4. This Clause 10 shall apply in relation to the service of any claim form, notice, order, judgment. ‘or other document relating to or in connection with any proceedings, suit or action arising out ‘of or in connection with this Agreement. 11, ASSIGNMENTS ‘The Company shall be entitled to assign and/or transfer any or all of its rights and/or obligations under this Agreement (in whole or in part) to any of its Affliates or third parties, as the case may be, with the prior written consent of Aggregator. The Aggregator shall however, not be entitled to assign and/or transfer any or all of its rights and/or obligations under this Agreement. 12, ENTIRE AGREEMENT 12.1, This Agreement contains the entire agreement between the Parties relating to the transactions contemplated hereunder and supersedes all previous agreements, whether oral or in wt between the parties relating to these transactions. 12.2. _ Each Party: 12.2.1. acknowledges that in agreeing to enter into this Agreement, it has not relied on any express or implied representation, warranty, collateral contract or other assurance (except those set out in this Agreement) made by or on behalf of any other Party before the entering into of this Agreement; 12.2.2. acknowledges and agrees that no such express or implied representation, warranty, collateral contract or other assurance (except as provided under this Agreement) may form the basis of, or be pleaded in connection with, any claim made by it under or in connection with this ‘Agreement; and 12.2.3. acknowledges that nothing in this Clause11 limits or excludes any liability for fraud or misrepresentation. /ERNING LAWS JURI This Agreement and any non-contractual obligations arising out of or connecting to this ‘Agreement shall be governed by the laws of india. The courts at Gurugram shall have exclusive jurisdiction in all matters arising out of and concerning this Agreement, 14, :ROUPTION 14.1. The Aggregator agrees that it shall comply with all applicable laws while performing its obligations under this agreement. In particular, the Aggregator agrees to comply with all the requirements of foreign corrupt practices act of the united states ("FCPA") the united kingdom bribery act (“UKBA”), company’s anti-bribery and corruption ("ABC") policy and any focal laws, prohibiting bribery, kickbacks or other unlawful or improper means of obtaining business or commercial advantages including the prevention of corruption act, 1988 ("local anti-bribery laws’), regardless of these laws’ jurisdictional limitations, in so far as their dealings with or on behalf of the company or Its affiliates are concerned or while performing their obligations under this agreement. In this regard, the Aggregator agrees and warrants that it shall not Page 13 of 31 J8JB Construction Me Proprietor142. 143. 144, 14s. 146. 15, 15.1 (or things of value, directly or indirectly, whether through any of its partners, affiliates, officers, employees, representatives, agents, whether in cash or kind and whether pursuant to any written agreement, to or for the use of any government official, any politcal party, or official thereof or any candidate for political office, for the purpose of influencing or inducing any official act or decision in order to further the activities contemplated by this agreement including obtaining or retaining any approval from any government authority. The Aggregator acknowledges that in entering into this agreement, the company has relied upon the ‘Aggregator’s representation and warranty to strictly comply with the FCPA, UKBA, ABC policy and local anti-bribery laws and further agrees that if it violates any such law in the course of performing the activities enumerated in this agreement or in so far as their dealings with or ‘on behalf of the company or its affiliates are concerned, the company may immediately, upon notice to the Aggregator, terminate this agreement. ‘The Aggregator represents and warrants that none of its employees, officers, directors are government officials. in the event, there is any change in the information contained in this clause; the Aggregator agrees to make immediate disclosures in writing. The Aggregator agrees to maintain records that accurately reflect each of the transactions relating to the obligation contemplated herein in detail and to maintain a system of internal accounting controls to ensure that all transactions are properly and duly authorized. ‘The Aggregator wil ifrequested, provide reasonable assistance to the Company in performing any activity related to the Agreement that is required by any government or agency thereof in any relevant jurisdiction for the purpose of compliance with the laws referenced in this section. ‘The Aggregator will notify the Company ifit becomes aware of information that suggests that thas failed, oF is likely to fall, to comply with the terms set out in this section. ‘The Company and its authorized representatives shall have reasonable access to all financial and related records under the control of the Aggregator that relate to this Agreement, for purposes of auditing, examining, and making copies of or extracts of those records. This audit right may be exercised (i) pursuant to a request or demand from a governmental agency or intergovernmental organization, (i) following notice provided under subsection (e) above, or (iii) on any other basis reasonably articulated to the audited party. Costs of any audits ‘conducted under the authority of this right to audit and not addressed elsewhere will be borne by the Company unless certain exemption criteria are met. if the audit discovers substantive findings related to fraud, misrepresentation, or non-performance, the Company may recoup the costs of the audit work from the Aggregator DISPUTE RESOLUTION ‘Amicable Settlement In the event of any dispute, controversy or difference between the Parties arising out of or relating to this Agreement, including a dispute relating to the validity or existence of this ‘Agreement, (a "Dispute’, the senior management of the Aggregator and the Company shall first endeavour to reach to an amicable settlement through mutual consultations and negotiations. If the Parties are unable to reach an amicable settlement within 15 (fifteen) days from the date on which the Dispute arose, Ageregator and the Company shall refer the Dispute to arbitration in accordance with Clause 15.2. Arbitration Procedure If after amicable settlement procedure as provided under Clause 15.1 above, the Parties have failed to resolve any or all Disputes arising out of or in connection with this Agreement, such Page 14 of 31 J8JB ConstructionDisputes shall be referred to and finally resolved in terms of the Arbitration and Conciliation ‘Act, 1996 as amended from time to time (“Arbitration Act’), 15.2.2. The seat of arbitration shall be at New Delhi. 15.2.3. The arbitration shall be conducted by a sole arbitrator who shall be appointed in accordance with the Arbitration Act, jointly by the Parties, within a period of 15 (fifteen) days after the expiry of the period as under Clause 15.1. In the event that the Parties fail to appoint an arbitrator as aforesaid (and within the aforesaid time period), the Parties shall approach the Hon'ble High Court of New Delhi for appointment of an arbitrator, without any delay or demur, in accordance with the Arbitration Act. 15.2.4, The language of the arbitration shall be English. 15.2.5. The award pursuant to the arbitration shall be final and binding on the Parties and capable of being enforced in accordance with its terms in any court of competent jurisdiction, subject to this Clause 15.2, 15.2.6. The Parties shall bear their respective costs of arbitration. 16. EVENTS OF DEFAULT AND TERMINATION 16.1. The occurrence of any of the following events would constitute an event of default on the part of the Aggregator and/or the Company, as the case may be (“Defaulting Party”), unless such an event occurs due to an event of default of the other Party: 16.1.1. fallure/refusal of the Defaulting Party to perform its obligations under this Agreement; 16.1.2. if the Defaulting Party repudiates the Agreement; or 16.1.3. in the event that it cannot be established in the due diligence that the title of the respective ‘owners to the Parcel is clear, valid and marketable and non-curable, in accordance with this, ‘Agreement, in which case the Aggregator shall be the Defaulting Party; or 16.1.4, breach of any material obligations or any other obligations under this Agreement. Provided, in the event of continuance of an event of default on part of a Defaulting Party for a period of more than 15 (fifteen|days (unless a shorter/an immediate period has been agreed upon by the Parties in terms of this Agreement), the non-defaulting Party shall send to the Defaulting Party a notice of 15 (fifteen) days to cure such event of default. Upon expiry of the subsequent period of 15 (fifteen) days as aforesaid, the non-defaulting Party shall be entitled to terminate this Agreement. 16.2. Termination due to Aggregator’s default Itis agreed that.in the event the Company terminates this Agreement due to Aggregator being the Defaulting Party, then the Aggregator shall pay to the Company all the amounts due as on such date of termination, along with an interest of 2% (two percent) compounded monthly pro-rated from the date of incidence of such payment obligation on part of the Aggregator in ‘terms of this Agreement. Subject to the aforesaid, the Parties shall have no further obligations towards each other. 16.3. Termination due to Company's default It is agreed that in the event the Agreement is terminated due to the Company being the Defaulting Party, then the Company shall pay to the Aggregator all the amounts due toit as on such date of termination and shall return to the Aggregator the Performance Securities within J8JB Const i M5) 203 Pronrietar Page 1S of 317 (seven) days of such termination. Subject to the aforesaid, the Parties shall have no further obligations towards each other. 16.4. Termination by the Company for convenience ‘The Company shall, at any time during the Term, have the right to terminate this Agreement atits convenience by giving Aggregator a notice of 7 (seven) days. In such an event, Aggregator shall be entitled to the following: 16.4.1, in case the ATL has not been executed on such date, the Company shall retum the Performance Securities to the Aggregator; 16.4.2. In case the ATL has been executed, the company shall reimburse amount paid by aggregator to the land owner subject to the cap of 10% of the First year rental per acre. Further the Company shall return the Performance Securities to the Aggregator; Except for the entitlements as set out above, the Aggregator shall not be entitled to any additional payments or obligations from the Company, 17. MISCELLANEOUS 17.1. Indemnification Aggregator(the “Indemnifying Party”) hereby agrees to defend, indemnify and hold harmless the Company, its officers, directors, agents and employees (the “Indemnified Parties”) from and against any and all claims, liabilities, actions, demands, judgments, losses, costs, expenses, suits, actions, damages, administrative proceedings (including informal proceedings), levies, settlement payments, penalties, fines, interest (including, without limitation, reasonable legal fees and disbursement of every kind, nature and description) (together “Indemnifiable Costs”) actually suffered or liable to be paid/made good by the Indemnified Party(including specifically, in relation to the Parcel under this Agreement) arising on account of these conditions only:(i) breach by the Indemnifying Party of its representations, warranties and covenants herein or any other third party of any of the Indemnifying Party's obligations; and/or i) in case of any claim or dispute of any nature whatsoever in relation to the Parcel in the course of performance by the Company or its Affiliates of their roles under this Agreement. 17.2. Stamp Duty, and Registration Costs ‘The Parties agree that both the Parties shall equally bear all charges on account of stamping fr registration of this Agreement that may be applicable and is levied by the concerned authorities on registration of this Agreement. 17.3. Further Acts and Assurances The Parties hereby agrees to execute and deliver all such further agreements, documents and instruments, and to do and perform all such further acts and things, as shall be necessary or convenient to carry out the provisions ofthis Agreement and to consummate the transactions contemplated hereby 17.4. _ Binding Effect and Severability 17.4.2. All terms and conditions of this Agreement shall be binding upon and inure to the benefit of and be enforceable by the legal representatives and permitted assigns of the Parties. é) Page 16 of 31 (J8JB Construction chile Proprietor17.4.2. 17.43. 175. 175.1. 175.2. 176. 372. 178. 179. ‘The Parties agree that if any provision of this Agreement is or becomes invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions shall not in ‘any way be affected or impaired. [Notwithstanding the foregoing, the Parties shall thereupon negotiate in good faith in order to agree the terms of a mutually satisfactory provision, achieving as nearly as possible the same commercial effect, to be substituted for the provision so found to be void or unenforceable. Confidentiality {All non-public information (including the terms of this Agreement) and in particular, any information provided by either Party to the other or which is identified by the disclosing Party, in writing, as confidential or proprietary information, shall be treated in a confidential manner and shall not be disclosed to any third party without the prior written consent of the disclosing Party, which consent shall not be unreasonably withheld. Notwithstanding the above, this Clause and the restrictions herein contained shall not apply ‘tony information, which is: (a) required to be disclosed pursuant to Applicable Law, an order or requirements of a regulatory body or a court, after 5 (five) days’ notice of such intended disclosure, is given by the disclosing Party to the non-disclosing Party, or if (five) days’ notice isnot feasible, then such shorter notice as is feasible; (b) disclosed by a Party tots Affiliate, or in connection with an assignment permitted under this Agreement or to its officers, employees, agents, financiers, advisors, contractors, agents who need to have access to such information for the proper performance of their activities; or {c)__is,as ofthe time of disclosure, public knowledge without the fault of the disclosing Party. Counterparts, This Agreement may be executed in one or more duplicate counterparts, and when executed and delivered by the Parties, shall constitute a single binding agreement. ‘Amendment, This Agreement can be amended or supplemented only with the written consent of both the Par No Waiver Neither the failure by either Party to insist on any occasion upon the performance of the terms, conditions and provisions of this Agreement nor time or other indulgence granted by one Party to the other Party, nor any waiver by either Party of any event(s) of default by the other Party in the performance of any of the provisions of this Agreement shall: operate or be construed {as a waiver of any other or future/further event(s) of default whether of a like or different character, or acceptance of any variation or the relinquishment of any such right or any other ‘ight under this Agreement, which shall remain in full force and effect; or be effective unless duly executed in writing by 2 duly authorised representative of such Party. Relationship of the Parties This Agreement shall not be interpreted or construed to be or create an association, joint venture or partnership between the Parties or to impose any partnership obligation or liability Page 17 of 31 JSJB Construction IHS Proprietorupon either Party. Neither Party shall have any right, power or authority to enter into any ‘agreement or undertaking for, or act on behalf of, or to act as or be an agent or representative of, or to otherwise bind, the other Party. (Execution page follows] IN WITNESS WHEREOF this Agreement has been executed on the date first set out above. SIGNED by For Sunsure Solarpark One Pvt. Ltd. SIGNED by For 1SIB Construction Page 18 of 31 ae Proprietor(Hectare) sov60 [9.7124 | arataer-9.7124-0.00-3.60 | Aanna ga eR Pushad whew | hasra | (Wey Land Details Owners Village 68 2e6_| 6417369 | 0.8094 | aratarr-0.8004-0.06-0.90 | reettsferararem’ | Pushad 193 | e960 [3.9526 | araterr-3.6526-0.06-1.43 | ahtdrafarcrgm | Pushad 150 | 60 7.1225 _| ardent -7.1225-0.06-2.64 | gran ga yan | Pushad 29 | 62763 [1.6167 _| araterr- 1.6187 -0.06-0.60 | gam rary 161 | 39961 | 12.1406 _| ar-atear- 12.1406 -0.06-4.50 | arg gr arco 239 | 395/61 | 6.475 arate - 6.4750 -0.06-2.40 | arefae 153 [30461 | 11.9868 _| aratarr. 11,9068 0.06. 4.44 | cheat Gx waetee 27 | aos | 12.1406 | arataar- 12.1406 0.00-4.50 | arate qx serrate JSJB Consuueuon d Page 19 of 31 Prontiotar127 401/63 12.1406 ‘ara - 12.1406 - 0.00- 4.50 Pushad 422163 4.4515 aralent - 4.4515 - 0.06 - 1.65 Pushad wettat tet TARE serege gy org 423/63 “arte - 4.4515 - 0.06 - 1.65 Pushad 419/63 ‘arate - 5.1800 - 0.00 - 1.92 Pushad arate a ooraTaRE 283 407/63, 8.0937 ar. - 8.0937 - 0.06 - 3.00 Pushad 71 408/63 6.475 ‘aria - 6.4750 - 0.06 -2.40 Pushad 110 410/63 8.9031 ‘area - 8.9031 - 0.06 -3.30 Pushad Seen TT Tg afte afer trergtt 199 1.6026 ‘ar areeF - 1.6026 - 0.06 -0.59 aa Gr ret Pushad 10 623/390 3.2375 arate - 3.2375 - 0.06 - 1.20 SRT RAT Pushad 624/390 3.2375 ‘ara - 3.2375 - 0.06 - 1.20 era ga arena Pushad 390/60 0.6556 ar.ataar - 0.6556 -0.06-0.24 | Sta ASTI Pushad ‘PRIA STAT art arated fee aT 613/60 0.0405, ‘ar.aitant - 0.0405 - 0.00 - 0.00 43572 10.5218 ar-ataet - 10.5218 - 0.06 - 3.90 siteaa seo Pushad ‘aware Fa Geter 436/72 ‘ar gira - 3.4560 - 0.06 - 1.28 Pushad arctan G3 Serer Page 20 of 31 J8JB Construction 13) eaeaorta ya aaitert Se feet Sete arena a Serer Recordi ncal 72 12.9499 ‘arate - 12.9499 - 0.06 - 4.80 rer a ara RANA Gs Sa ‘dated afer Gro ara ge dre 94 12.9499 ‘aT Ia - 12.9499 - 0.06 - 4.80 reara a ara Pushad ATT IF STINT STAT TATE 11.1855 ‘ar gia - 11.1855 - 0.06 - 4.15 args G3 FaEAOTRE Pushad 157 15.5399 argtaat - 15.5399 - 0.06 - 5.76 Eeeaftie go araeE Pushad BTOnhe Ia waa siete gr aaraRe freatte Go waite wag erate 207 728/433 10.368 ‘ar qian - 10.3680 - 0.06 - 3.84 herr a Beet Pushad 32 433/71 10.3761 ‘rater - 10.3761 - 0.06- 3.85 Sern gy Barra Pushad 257 723/433 6.9201 ‘arate - 6.9201 - 0.06 - 2.57 stare Gs TET Pushad 7241433 6.912 arate - 6.9120 - 0.06 - 2.56 TAR Ye Pushad 7291349 0.0647 ‘Ha ATER - 0.0647 - 0.00- 0.00 grafts pr awaree Pushad aed afer waaRe safe qr awaite sedate Go TeaRE agente Ta rae 227 421163, 8.5793 ‘aL.BYaA - 8.5793 - 0.06 - 3.18 Pushad erste THRE Wart afer ahfaeaae afte qa atferatae Reset qr atfarette 87 397/63, 3.7231 aA - 3.7231 - 0.06 - 1.38 FaaaT A See Pushad waa Garena Waai parca aire YF arearai atten afer aeeret eraser Go ears 282 20.299 ‘ar ar - 20.2990 - 0.06 -7.52 aren afer ornae Pushad ranftg qa sacha WOHReS Fa START Page 21 of 31 JBIB Consirucsic: Proprietoraerate ga arate | pioneer hae 197 | 427/65 | 3.286 ‘ar.zraH - 3.2860 - 0.06 - 1.22 | Heat afer erate | Pushad 83 | 65 3.286 arta - 3.2860 - 0.06 - 1.22 | omafae gr arateg Pushad safe ys Pratt adtatte qa Pirate sanftg qa fraee satiate afer gerahee | rae qa rratae aaite Gr quate rare Ir eaTRE | orca Gs eaaE | HOTTA Seat PRESTR 290 | 720/433 [69201 | arair-6.9201 -0.06-2.57 | eure ga aerar | Pushad 205 | 71 5.8275 _| arate -5.8275-0.06-2.16 | wana gaara | Pushad 228 | 70 5.4147 _ | aaent-5.4147-0.06-2.01 | Oaerrgifsamart | Pushad err G earner 174 | 430/70 | 5.4309 | arztat-5.4309- 0.06 - 2.01 | sftararer yx wartiarer Pushad 175 [43170 [3.1242 | araheer-3.1242-0.08-1.16 | san gy year Pushad 212 [43270 | 3.1242 | arate -3.1242-0.06- 1.16 | teerarer ys Geer Pushad 273 [42665 | 3.286 | araterr- 3.2860 -0.06 - 1.22 Pushad 27__| 42065 | 3.286 _| avatar - 3.2860 -0.06- 1.22 Pushad 152__| 439/74 | 10.4085 _| ar-atat- 10.4085 - 0.06 - 3.86 | lara qr areafae | Pushad oat a area ater at ae GARE aera Rig Ge ee Wye GF RE ee ie Pr 200 | aaor7a | 15.6856 | aratarr- 15.6866 -0.06-5.81 | amafae ga sartte | Pushad rye Gr sa Frrerefte oa Hae fergie ya Haris Page 22 of 31 JSJB Construction anIte Proprietor29 11.9301 ar-gitaat - 11.9301 - 0.00 - 4.42 aren afer tara Pushad aerohedt afer atafae erga sat agite gx sant aero GF ATT arta yx artic srrette Tx ORE patie gr aohie 443/77 6.0703 ‘ar.ateat - 6.0703 - 0.06 - 2.25 Hae Ge wT 964/179 6.475 ‘ar2tenr - 6.4750 - 0.09 - 3.60 qanra qe front Chak 18.7126 ‘ar iemr - 18.7126 - 0.06 -6.94 SRR aa Chak Gunga San Gp sere GaNTH TF RANT aaa fest se aed rae ara gy aor Sica fle altel 85 237/148 17.1263, ‘arstamr - 17.1263 - 0.06 -6.35 SORT gs BART Chak Gunga Sara ga aTeRTA ASR gr eT SRST Ge ap aon START Saget vier ae area ga Gare SARA a RATT aed oie aT 17.1263 araent - 17.1263 - 0.06 -6.35 area offer serra ‘Chak Gunga aan grader SRT Ba 17.013 ‘aaa - 17.0130 - 0.06 -6.31 aR Chak Gunga WOM Fs ATT aoa ge dar aire qr Aer J} Page 23 of 31 “ae Proprietoraad afer sree 23.3908 ‘arate - 23.3908 - 0.00 - 8.67 ‘Chak 421 | 241152 2.9137 ‘ar are - 2.9137 - 0.06 - 1.08 Gunga 179 | 239/149, 3.7231 ar2hamr - 3.7231 - 0.09 - 2.07 Ragenqet Gunga 123 | 238/149 3.7231 ‘argtat - 3.7231 - 0.09 - 2.07 arcana qa ara ‘Chak Gunga RR SAT gared gf goa Oy sat area 9 Sat archer ht gaat raat Ge BATH woh afer sara apa qa gar 123 | 256/149 ar2}ant - 0.4856 - 0.09 - 0.27 areal G3 era Chak Gunga Sa FT sarah Gf gor Page 24 of 31 “ar Proprietoragg aera Gy gar achar qf sar srr Gr go wR afer sae er Puen ‘Chak 87 | 150 12.2539 | arataat- 12.2539 - 0.06 - 4.54 | Sanna Ys ATERTAT Cita “SANTA a TART ‘Chak a 127 14.5848 | arztapr- 14.5848 -0.09- 8.11 | warm qa ata Gunga tand Map Page 25 of 31 ae Proprietor‘ape a = Of me = ee wee se # Ghak GUNGA oe ha oe am «i ee¥ “hn ” Pl : ” oT PURE Te om . Ry rma “hn oye ™ a em 4 Pal tam © — wow = a Page 26 of 31 SSIB Construction WIM Proprietor30 Year Land Records of the Parcel for Legal Due Diligence Physical survey including drone shoot to be done by Company for records Registered ATI for the Parcel as per Clause 3.1 Clearance of Loans/Limits/Encumbrances by Land Owners Land should be free from trees, bushes and any other structure including but notlimited to Makaan, hutment, Ohani and tubewell etc Registered Lease Deed of Parcel as per Clause 3.2 ‘Mutation and industrial Use recorded and sanctioned Official Demarcation of the Complete Parcel (1000 Acres). Handing over of actual, vacant and peaceful possession of the Land Parcel without any hindrance ‘Stamp Duty and Conversion of Land Use exemption from relevant authorities ‘Submit duly acknowledged Form-E to the Company of all land parcels of 1000 acres within fifteen days from the registration date of the lease/sale deed Land Parcels must get connectivity with BT Road. Further, the Aggregator shal provide 2 unrestricted access/ Right of Way of adequate width for the purposes of ingress and egress of 40° container trailers to and from the Project Site. All costs related to RoW shall be borne by Aggregator only 3B ROW of Boundary Wall, 14 To undertake all acts incidental and ancillary to its obligations under this Agreement ‘Approvals/Permissions/Consents ‘NOC from Vilage Panchayat Permission to Lease SC/ST/Government Land by Aggregator or its Nominee (if required) Tree/ Bush cutting/ trimming permission 'NOC/Permission for Access Road to the Plant from all directly or indirectly interested parties la foln|n| ‘Any other NOC or Permission required (corresponding to the land) as per the applicable laws for setting up Solar Power Plant ») Company ‘Due Diligence of the Parcel Registration and Stamp Duty Charges at the time of Lease Deed in Favour of the Company ‘Any other Government or Statutory Fees applicable on company as per applicable law Paper Notification Expense = Page 27 of 31 JSJB Construction 7 ProprietorANN! MENT No, | Particulars Responsibility Time tine Payment Aggregator and | _ 1 | Land service Agreement say | 6teeet iL 2 | Notice to Proceed for ATL company v0 iL 2 | agreement to Lease (ATL) Agsregator 0+ 30 Days | NIL 4 | certified copies of 30 years land | Aggregator o+30 bays | NIL records corresponding to Parcel 5 | due Diligence ofthe Land Company Doveo Days | NA 6 | noc Panchayat Agaregator 0+20 days | nil Notice to Proceed for Lease Deed \ 7 | ofPhase-1 (525 Acres) cee pt a T Reimbursement of Consideration Amount Paid by the Aggregator to Lease Deed of 525 Acres 8 cai tat poe Agaregator D1s60 ays | Land Owners on behalf of Company 2.Reimbursement of, Statutary _ Fees/Charges Page 28 of 31 Proprietorcorresponding to Lease Deed '3. Rs 6300000 (Rs 12000 per Acre corresponding to 525 Acres) Notice to Proceed for Lease Deed of Phase -2 (475 Acres) ‘Company 2 10 lease Deed of 475 Acres Contiguous Land Parcel Aggregator D2+ 45 Days TReimbursement of Consideration Amount Paid by the Ageregator to Land Owners on behalf of Company 2.Reimbursement of, Statutary Fee/Charges corresponding to Lease Deed 3.Rs 5700000 (Rs 12000 per ‘Acre corresponding to remaining 475 Acres) n Mutation of 1000 Acres of Land in Name of Company Aggregator 102460 Days Rs 8000000 (Rs 8000 per Acre corresponding to remaining 1000 Acres) 2 Completion of Govt. Survey of Land, Physical Oemarcation of land and Peaceful legal Possession. Aggregator D275 Days Rs 8000000 (Rs 8000 per ‘Acre corresponding to remaining 1000 Acres) 3 Trees, Bushes and all Obstructions Aggregator 2+75 Days Rs 7000000 (Rs 7000 per ‘Acre corresponding to remaining 1000 Acres) 14 Completion of Boundary Wall Company Rs 6000000 (Rs 6000 per ‘Acre corresponding to ‘remaining 1000 Acres) 15 Retention Amount Company Rs 2000000 (Rs 2000 per ‘Acre corresponding to remaining 1000 Acres) shall be released after 1 year from date of last registration ‘+ All Payment shall be released within 30 days of receipt of invoice and acknowledgement of __ completion of the corresponding Milestone Page 29 of 31 JSJB Construction d Proprietor© Land Service Fee is 43,000 per acre inclusive of taxes. Amounts mentioned in Payment Column are inclusive of taxes. This is full and final consideration corresponding to scope of work as ‘mentioned in this agreement. ‘* Above Payment is corresponding to acquisition of 1000 acres. The Payment amount shall be adjusted on pro-rata basis for any increase or decrease in acquisition area Page 30 of 31 veprange ProprietorANNEXURE IV DOCUMENTS REQUIRED TO BE FURNISHED BY THE AGGREGATOR ‘The below mentioned lists comprises of the initial set of documents for the Parcel to be arranged by the Aggregator. The Aggregator agrees to arrange for any further documents requested by the Company as may be required to complete the Land DDRs.30 years land records are to be submitted by land aggregator for the parcel under consideration List of Land Owners Certified Revenue Map/ Village Map Encumbrance Certificate along with certified copies of sale deed (chain of registries) Certified Current Khasra/Khatauni Mutation Orders 30 Years Chain of Registries Details of Loans on Land if any RTI Responses for authorities for any missing documents "Note: This ist is strictly indicative and the requirements/requisitions may vary in actual, approvals as. regards to the lease of lands under the scope of work shall be obtained by the Aggregator. JSIB Constructioy . Proprietor 4JSIB CONSTRUCTION ‘UNSURE SOLARPARK ONE PRIVATE LIMITED (PROPRITER) Page 31 of 31 JSIB Construction a fe Proprietor