LEASE AGREEMENT

The undersigned below:

1. Mr. DEWA PUTU DIPTA DADIA NUGRAHA, born in denpasar
dated 10 July 1987, Indonesian Citizen, private employee,
residing in Banjar Getas Kawan, Buruan Village, Blahbatuh
Subdistrict, Gianyar Regency, Bali Province, holder of the
National Identity Number: 5171011006870009. -------------------
Currently residing in Denpasar. -----------------------------
-Hereinafter referred to as: ------------------------------------------------
----------------- FIRST PARTY / LESSOR. -------------
1. Ms. FIRSTY AYYU DEA ANINDHITTA, born in Jakarta, dated
27-02-1996 (twenty-seventh of February one thousand nine
hundred and ninety-six), Indonesian Citizen, residing at Jalan
SMA N Kramatwatu, Gang Rajawali V number 1, RT/RW
007/004, Kramatwatu Sub-Village, Kramatwatu Subdistrict,
Serang Regency, Banten Province. Holder of National Identity
Card number: 3604056702960003. -
-Currently residing in Denpasar. -----------------------------
-Hereinafter referred to as: ------------------------------------------------
------------------------- SECOND PARTY/ LESSEE. ---------------------
- The parties as mentioned above first explain: -------------------------
- Where the First Party as the owner of the building with a total
area of 1400 m2 as described in the IMB number: 126/Pemb/89
number 415 of 1989 with the address at Jalan Bypass ngurah rai
26, Kesiman Kertalangu Village, South Denpasar Subdistrict,
Denpasar City, Bali Province. ----------------------
- where the second party is the lessee of part of the building above
an area of 400 m2 to be used as an office. Where the position,
shape and size will be drawn on a separate map that has been
verified for conformity with the physical location by the parties
where the map is an integral part of this agreement. hereinafter
referred to as “lease object”. ----------------------------------------------
Based on the above matters, the First Party and the Second Party
have agreed to make and sign a Lease Agreement by specifying the
following terms and conditions: -------------------------------------------
---------------------------------- Article 1. ------------------------------------
-----------------------------LEASE OBJECT---------------------------------
The First Party hereby leases to the Second Party as the Second
Party hereby rents from the First Party ----------------------------------
Lease object abovementioned. That this agreement starts on
January 1, 2021 for a rental period of 5 years and it will end on
January 1, 2026. -------------------------------
The parties both know exactly what is being rented out as referred
to above, so there is no longer a clearer description in this letter. --
---------------------------------- Article 2. ------------------------------------
1. The rental fee for the above period is Rp. 65,000,000 (sixty five
million rupiah) to be paid by the second party annually with a
maturity date of no later than January 10. For the first year
payment, it has been paid in full and this letter serves as a
valid proof of payment. -------------------------------
2. If the second party fails to fulfill the payment, then the first
party gives a grace period of 6 calendar days from the due date
and if the second party still fails to fulfill the payment then this
lease agreement becomes null and void and all agreements
related to the object of this agreement become void by law. -----
3. Final Income Tax (PPh) of the lease Article 4 paragraph 2 as
much as 10% of this agreement is paid by the first party, a
maximum of 30 days from the date of payment. -------------------
4. As a receipt for the payment, the First Party will provide a
receipt to the Second Party or use proof of remittance at a valid
bank. --------
---------------------------------- Article 3. ------------------------------------
During the above period, this lease agreement will not expire : ------
a. Even if one or both parties die. where the lease is continued by
the surviving party with the heirs of the deceased party; ---------
b. Even though the land is transferred or becomes collateral to
another person, in which case this lease agreement is continued
by the Second Party with the new right holder. --------------------
---------------------------------- Article 4. -----------------------------------
1. As long as the Second Party fulfills its payment obligations as a
lessor in an orderly manner, the First Party or other parties have
no right to cancel this lease. ---------------------
2. The second party is given the right by law based on this
agreement to carry out all activities on this lease object by
fulfilling the applicable provisions. -------------
3. Everything that is being leased (lease object) has been handed
over to the Second Party by the first party in a condition known
to all parties, for that the Second Party hereby declares that it
has known and accepted the condition of the lease object
properly and releases all claims regarding the condition of the
lease object. ---------------------------------------------------------------
------------------------------------ Article 5. ----------------------------------
1. The second party may use the lease object as a place of business
by fulfilling the applicable permits. In that case, the First Party
hereby agrees to assist the Second Party in the licensing
process, which is limited in terms of changing the land use for
business, showing and requesting the neighbor's signature of
the leased land object. where the licensing fee is the
responsibility of the second party. -------------------------------------
2. In relation to point 2 above, the first party is required to provide
the following documents for the purpose of obtaining permits,
namely: ------------------------------------------
- Checking land certificates at the land office. ---------
- Current year's Land & Building Tax payments. ------------------
- NIB (official coordinates) land certificate. -------------------------
 - KKPR/location permit/aspect on land with building
designation. ------------------------------------------------------------
----------------------------------- Article 6. -----------------------------------
-The Second Party is obliged at its own expense to maintain
everything it rents truthfully and repair any damage which
according to law and custom is the responsibility of the Second
Party. --------------------------------------------------
- the second party can ensure the object of the lease if deemed
necessary by the second party. --------------------------------------------
----------------------------------- Article 7. -----------------------------------
-
-As long as this rental agreement is in effect, all bills in the form of
electricity, water and telephone bills are borne and paid by the
Second Party including bills for the last month's usage at the time
the lease ends which have not been paid by the Second Party. -----
------------------------------------ Article 8. ----------------------------------
The Second Party in carrying out its rights and obligations under
this agreement must comply with all applicable regulations. ---
In this case the Second Party guarantees that the First Party will
not be charged in the future and or losses that occur due to the
negligence or fault of the Second Party. ---------------------------------
----------------------------------- Article 9. ----------------------------------
The First Party guarantees to the Second Party that: --
1. Everything that it rents is truly his and/or has the right to be
rented out. ------------------------------
2. Free from confiscation and not leased to other parties. ---------
3. free from all forms of arrears such as arrears for electricity,
water, land & building tax and other dues. -------------------
4. guarantee the correctness of the information contained in
identity cards, land certificates, genealogies and other
documents related to ownership of the lease object. --------------
5. and that the Second Party in the use of the lease according to
the provisions stipulated in this deed will not be disturbed or
hindered by the First Party or from anyone else. ---------
6. The first party promises not to use the land in this
agreement as collateral in the bank (mortgage rights). -------
7. In the event of an incident related to land ownership by the
first party, where there is another party claiming to own the
land. then the first party is obliged to solve it without involving
the second party and free all stakeholders from the problem. ---
----------------------------------- Article 10. ---------------------------------
As long as this lease agreement is running, the Second Party is not
allowed to transfer the lease rights under this agreement either
partially or wholly to another party. --------------------------------------
----------------------------------- Article 11.----------------------------------
This rental agreement can be extended at any time or at least 1
year in advance, with the price and term of the extension to be
agreed upon at the time of renewal. ------------------------
----------------------------------- Article 12.----------------------------------
If the time referred to in Article 1 above has passed and is no
longer extended or not renewed as stipulated in Article 11 above,
then the Second Party at the latest on the expiry date of the
transfer agreement and transfer of this lease right, is required to
return everything that it leases to the the First Party is in a state of
good maintenance, livable and free from occupancy. ------------------
If the Second Party fails to return what it has rented to the First
Party in an empty condition without occupants and good
maintenance as stipulated above, then the First Party has the right
to take over the building without a confiscation letter, if necessary,
with the assistance of the authorities, while all costs required for
that is borne and paid for by the Second Party. ----------------
buildings that are permanent, embedded/attached, along with
changes or additions made by the second party to the lease object
 become the property of the first party when this lease expires
without compensation of any kind from the First Party. --------------
-----------------------------------------------
------------------------------------ Article 13. --------------------------------
- If the First Party wants to sell this lease object, then it must notify
the Second Party. ------------------------------
----------------------------------- Article 14.----------------------------------
The transfer of what is transferred and handed over has occurred
according to the law.----------------------------------
----------------------------------- Article 15.----------------------------------
The cost of making this deed is paid by the Second Party. -----------
------------------------------------ Article 16. --------------------------------
Both parties choose this matter and all its consequences, the legal
and unchanging legal residence at the Registrar's Office of the
District Court in Denpasar ----------------------------------
----------------------------- IN WITNESS WHEREOF. --------------------
Denpasar, 1 January 2021

First Party Second Party

(DEWA PUTU DIPTA DADIA NUGRAHA) (FIRSTY AYYU DEA ANINDHITTA)