Apartment Lease Contract

According to Law No. 4 of 1996

It's on Friday, 21/7/2017

It is agreed between:
First: Mrs. Maha El-Metwali Ibrahim El-Nagar, Muslim, Egyptian, Adult, holding national ID
no. 25910071100228 dated 5/2014 – residing at 184 El Nil Street – Agouza – Agouza district –
Giza.
(First Party – Lessor)
Second: Dr. Mahmoud Ahmed Moustafa Ahmed Moustafa, Muslim, Egyptian, Adult, holding
national ID no. 28904128800494 dated 12/2014 – residing at 46G – Hadayq El Ahram – Al
Haram – Giza.
(Second Party - Lessee)

Both Parties hereto declare that they are legally competent to enter into this Contract, and that
their will is free from any defect of will, and neither of them is subject to sequestration or
prohibition from disposition or illicit gains and hereby agreed as follows:

Article One
The first party leased to the second party apartment number (83) eighty three at the eighth floor
from basement and mezzanine at the left wing of building number (34) at Gameat Al Dwal Al
Arabia Street – Mohandessin - Agouza district – Giza Governorate – for the purpose of using it
as a dentist clinic.
Article Two:
The parties agreed that the period of this contract is seven years starts on 1/8/2017 and ends on
31/7/2024 and is not renewable except through a new contract and with new conditions and after
the approval of the first party.
Article Three

The rental fees agreed upon is (LE 10,000) only ten thousand Egyptian pounds on monthly basis.
The lessee undertakes to pay the rental fees of every three months in one installment in advance
at the residence place of the first party against a receipt of the paid amount. The lessee
acknowledges his full commitment to pay the rent in the aforementioned manner (every three
months in one installment in advance) throughout the term of this contract, and that this is an
essential and basic condition in the contract, and without it, the lessor would not have entered
into this contract. It was also agreed to increase the annual rent by 10% according to the last rent
value, as follows:

1. First Year: from 1/8/2017 to 31/7/2018 the apartment rental fees shall be the amount of
(LE 10,000) only ten thousand Egyptian pounds.

2. Second Year: from 1/8/2018 to 31/7/2019 the apartment rental fees shall be the amount
of (LE 11,000) only eleven thousand Egyptian pounds.

3. Third Year: from 1/8/2019 to 31/7/2020 the apartment rental fees shall be the amount of
(LE 12,000) only twelve thousand Egyptian pounds.

4. Fourth Year: from 1/8/2020 to 31/7/2021 the apartment rental fees shall be the amount
of (LE 13,300) only thirteen and thousand three hundred Egyptian pounds.

5. Fifth Year: from 1/8/2021 to 31/7/2022 the apartment rental fees shall be the amount of
(LE 14,640) only fourteen thousand and six hundred and forty Egyptian pounds.

6. Sixth Year: from 1/8/2022 to 31/7/2023 the apartment rental fees shall be the amount of
(LE 16,150) only sixteen thousand and one hundred and fifty Egyptian pounds.

7. Seven Year: from 1/8/2023 to 31/7/2024 the apartment rental fees shall be the amount of
(LE 17,715) only seventeen thousand and seven hundred and fifteen Egyptian pounds.

Article Four

The first party (the lessor) delivered to the second party (the lessee) the apartment subject of this
contract immediately upon signing this contract and as of the date of this contract the second
party acknowledges his full responsibility of the apartment subject of this contract and that there
is no excuse to absolve him of responsibility, whether theft, fire, or any damage of any kind
occurs, God forbid, except in cases of force majeure in accordance with the provisions of the
Civil Code.

Article Five

The second party (the lessee) has the right to place an illuminated sign on the front of the
apartment subject of this contract as an announcement of his activity, provided that he takes all
necessary legal procedures to obtain the necessary license for that sign and on condition that he
pays all fees for obtaining and renewing the license throughout the term of this contract.

Article Six

The second party (the lessee) undertakes to remove the afore-mentioned sign immediately upon
the end or early termination of this contract, whether amicably or by force of law. In the event
that the second party fails to do so, the first party has the right to remove the sign with expenses
borne by the second party by deducting these expenses from the amount of insurance paid.
 Article Seven

In the event that the second party (lessee) desires to abandon the apartment before the end of this
contract, he shall notifies the first party within two months at least from leaving the apartment
through a registered mail or an official legal announcement delivered by a bailiff. Otherwise, the
second party (lessee) undertakes to pay the rental value of two months to the first party as an
agreed upon compensation for abandoning the apartment before the end of the contract period.
The second party acknowledges herein his in advance approval on this condition.

Article Eight

The second party undertakes to pay an insurance amount equals the rental fees of two months,
this insurance amount shall not be returned to the lessee except after the expiry of the contract
term, provided that the rented apartment is handed over to the lessor in the same condition in
which the apartment was at the time of contracting and after the payment of all bills including
electricity, water, phone and gas by the lessee up to the end date of the contract or the date of
abandoning the apartment, whichever is earlier, and after deducting the value of any damages
caused by the lessee to the rented apartment and after the lessee submission of the proof of
payment of all due taxes payable on the exercise of the activity in the rented apartment subject of
this contract throughout the contract term, and also after the lessee submission of the proof of
payment of all due taxes payable on the sign installed to announce activity until the end date of
the contract.

Article Nine

In the event that the second party (lessee) fails to pay the agreed upon rental fees on the date and
manner specified in the Article Three of this contract, even for one installment, this contract shall
be considered null and void automatically, without the need for a notice or a warning or a court
ruling, as in this case, the lessee shall be considered as a usurper of the apartment and occupying
it without a legal basis. In this case the lessor may seize the apartment and evacuate the lessee
and re-lease the apartment to any third party without any objection from the end of the lessee,
and the lessee acknowledges herein his in advance approval on this condition.

Article Ten

The lessee declares that he has conducted a proper inspection of the leased apartment subject of
this contract and acknowledges that the apartment has all required facilities and fits for the
purpose for which it was leased and undertakes to maintain it.

Article Eleven

The lessee undertakes to carry out all fixes needed for the rented apartment throughout the period
of this contract and he may not claim anything in this regard from the lessor.
 Article Twelve

The lessee undertakes to pay the consumption bills of water, electricity, gas and phone in the
apartment subject of this contract according to his consumption bills, and the same provisions of
late payment of rent shall apply to the late payment of these bills, as they are considered an
annexes to the rent.

Article Thirteen

The lessee undertakes to pay to the lessor throughout the period of this contract the rented
apartment share of annual maintenance fees of the building containing the apartment upon
request and which equals the amount of (LE 3000) only three thousand Egyptian pounds per year
subject to increase according to the maintenance expenses of the building. The lessee undertakes
to pay the annual maintenance fees by the end of each yea , and the same provisions of late
payment of rent shall apply to the late payment of these fees, as they are considered an annexes
to the rent.

Article Fourteen

The lessee may not waive the rented apartment, wholly or partially, to a third party or sublease
the apartment, as in this event this contract shall be considered null and void automatically,
without the need for a notice or a warning or a court ruling.

Article Fifteen

The lessee may not cause any change to the rented apartment without obtaining the prior
approval of the first party provided that these changes do not violate the construction law number
119 of the year 2008 and its implementation regulations and the applicable laws in this regard.
Otherwise, this contract shall be considered null and void automatically, without the need for a
notice or a warning or a court ruling and the lessee shall undertake the full legal and civil
responsibility arising from violation of these laws.

Article Sixteen

The lessee may not use the rented apartment for any purpose other than the designated purpose it
is rented for, nor may he use it for purposes contrary to public law or public morals, as in this
event this contract shall be considered null and void automatically, without the need for a notice
or a warning or a court ruling.

Article Seventeen

All furniture, movables, medical equipment and other items owned by the lessee in the rented
apartment are considered as a security for the rent, and the lessor has the right to seize them in
the event of delay in paying the rent to fulfill all payments due to the lessor.
 Article Eighteen

It is agreed in advance between the parties that this contract ends by the end of the contract
period specified herein without the need for any notice according to the provisions of article 598
of the Civil Code.

Article Nineteen

The two parties agreed on the jurisdiction of the summary court to rule on the eviction of the
lessee in the event of a violation of any of the terms of this contract or due to the end of its term.

Article Twenty

The parties declare that the addresses mentioned at the beginning of this contract is their selected
address for each party and that all announcements, correspondences and notices sent to these
addresses shall be deemed valid and effective and results in all legal effects. The second party
(lessee) acknowledges that the address of the apartment subject of this contract has become
another legal address for the lessee, upon signing this contract, and he may be addressed by using
this address for all correspondences related to this contract and that any correspondences send to
the apartment address in regard to this contract shall be considered valid and legally effective to
the second party (lessee) and results in all legal effects.

Article Twenty one

This contract is made in two duplicate copies signed by the parties, each copy has the same legal
force and consists of four pages and twenty one articles, each party received a copy to act
accordingly when necessary.

(First Party – Lessor) (Second Party – Lessee)